July 21, 2024

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Cybertruck Collectibles

2024 Tesla Cybertruck AWD Foundation Series, sold at Worldwide Auctioneers

The collector car world hasn’t seen much movement when it comes to Tesla, short of a few low-mile roadsters that have sold over the past few years. But that seems to be changing.

Just this past weekend, Worldwide Auctioneers presented its annual Enthusiast Auction at its Auburn headquarters. As is typical for Worldwide, the presentation included a wide range of collector cars, from pre-war cars, American Classics, muscle cars, vintage trucks and more. The highest sales included a 1934 Packard Twelve 1107 Coupe Roadster at $318,500, a 1940 Packard Darrin Custom Super Eight 180 Convertible Sedan at $263,200 and a 1986 DeTomaso Pantera GT5-S at $218,400. Strong pricing, traditional collector car market lots.

2024 Tesla Cybertruck AWD Foundation Series, sold at Worldwide Auctioneers

Alongside these lots was a 360-mile 2024 Tesla Cybertruck AWD Foundation Series. It sold for $173,200 — which is a good amount above the truck’s original list price.

 The record price Cyberbeast. Image: Kennett Mohrman/Sotheby’s Motorsport

But that’s not the only recent high point. No, back in early April, Sotheby’s Motorsport (SOMO) offered a Cyberbeast — the highest spec Cybertruck available — in an exclusive online auction with no reserve. That truck sold for a record $262,500. Immediately following that sale, SOMO offered another Foundation Series Cybertruck online — this one with 375 miles — with the lot closing on April 16. It sold for $138,075.

Cybertruck Foundation Series, as offered by Sotheby’s Motorsport on April 16

Cybertrucks are polarizing in a number of ways, and they’re not particularly easy to get right now, which undoubtedly is driving some of the pricing we’re seeing at auction. That said, is there something here beyond flavor-of-the-month interest from the collector car market? Are prices like what we saw at Worldwide Auctioneers repeatable the same way prices have been for, say, new Ford GTs at auction? How about Porsche 918s? Both are modern collectible cars that seemed to skip a lot of the depreciation that typically plagues cars that come off the line as collectibles. How does the Cybertruck measure up there in terms of staying power?

The Cybertruck is the one of the first modern all-electrics to hit collector car top sales lists, so regardless of how you view it, it should be interesting to watch how prices here play out over the next 12 months.  

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