Formula Auctions stands as the premier online auction site for Canadian automotive enthusiasts, serving as the ideal destination for those eager to sell their cherished collector cars and reap a profitable return on investment. With a vast reach extending across the Great White North, Formula Auctions has facilitated countless enthusiasts in both acquiring and parting ways with their prized automobiles. Moreover, Formula Auctions emerges as an industry leader in Canada, consistently fetching higher selling prices compared to competitors and reigning as the nation's top online platform for automotive sales. For example:

2006 Mercedes-Benz E63 Wagon as seen on Formula Auctions

$37,250 CAD Link: Formula Auctions Listing
$35,340 CAD Link: Cars & Bids Listing
+$2,000 CAD on Formula! 

This 2006 Mercedes-Benz E63 AMG Wagon, a left-hand-drive example with Japanese specifications, currently resides in British Columbia, Canada. Over the past few years, it has made appearances in two separate auctions. In June 2022, with just 54,200 kilometres on the odometer, it was listed on the Cars & Bids auction site, fetching a mere $35,340 CAD. However, when presented through Formula Auctions in September of the same year, bids for the same AMG wagon soared to $37,250—a remarkable increase of nearly $2,000 compared to the competition.
 

2008 Lamborghini Murciélago LP640 seen on Formula Auctions

$186,000 CAD Link: Formula Auctions Listing 
$161,550 CAD Link: PCarMarket Listing 
+$24,450 CAD on Formula!

Another striking example was the case of a 2008 Lamborghini Murcielago LP640 euro-spec model located in Quebec, Canada. In November 2022, this striking Lamborghini was showcased on PCarMarket. Despite boasting a mere 65,000 kilometres on its odometer, it garnered only $161,550 CAD, falling short of meeting the reserve requirement. However, shortly thereafter, the same Lamborghini found its way to Formula Auctions, where it commanded a final bid of $186,000—a remarkable increase of $24,450 from its previous auction attempt. Although it still hadn't met the reserve requirement, buyers demonstrated a greater willingness to invest through this esteemed Canadian auction house.
 

2000 BMW M5 as seen on Formula Auctions

$27,500 CAD Link: Formula Auctions Listing
$22,684 CAD Link: Cars & Bids Listing
+$4,816 CAD on Formula!

Another exceptional instance was the Titan Silver 2000 BMW M5 featuring a captivating LeMans blue and black leather interior. Initially showcased via Formula Auctions, this striking saloon nearly met its reserve with a final bid of $27,500 CAD. However, the car ventured into a second auction with Cars & Bids the subsequent month, yet bidding stalled at $22,684 CAD—a notable decrease of nearly $5,000 compared to its inaugural run through the Canadian auction.
 

2011 Mercedes-Benz SLS AMG Coupe as seen on Formula Auctions

$259,000 CAD Link: Formula Auctions Listing
$245,000 CAD Link: Bring a Trailer Listing
+$14,000 CAD on Formula!

Another notable AMG entrant graced Formula Auctions, this time in the form of a single-owner 2011 Mercedes-Benz SLS AMG—a revered addition to any enthusiast's collection. Commencing its auction journey with Formula Auctions, bidding for this iconic vehicle peaked at $259,000 CAD but fell short of meeting the required reserve. Subsequently, the owners opted for the renowned Bring A Trailer auction platform. Despite their industry stature, bidding there concluded at $245,000 CAD—$14,000 below the figure Formula Auctions enthusiasts were willing to bid.
 

1977 Ford F-250 as seen on Formula Auctions

$49,000 CAD Link: Formula Auctions Listing 
$43,000 CAD Link: Bring A Trailer Listing
+$6,000 CAD on Formula!

Taking it back to the 70s, the dentside Ford trucks have emerged as highly sought-after treasures in the classic truck community, with this 1977 Ford F-250 standing as a prime example of a coveted 4x4 pickup. Initially listed on Bring A Trailer, bidding for this Ford culminated at $43,000 CAD, failing to meet the reserve requirements for sale. Months later, the dentside beauty returned to the auction stage, this time through Formula Auctions. Although it once again fell short of meeting the reserve, its top bid surpassed its previous auction performance, reaching an impressive $49,000 CAD—a noteworthy $6,000 increase compared to its Bring A Trailer auction outcome.
 

1979 Toyota Celica GT Liftback as seen on Formula Auctions

$11,900 CAD Link: Formula Auctions Listing
$8,077 CAD Link: Bring A Trailer Listing
+$3,823 CAD on Formula!

The ascent of the Japanese collector car market has been a consistent journey over the years, with the Toyota Celica standing out as one of the most coveted Toyotas from the 1970s. In June of 2023, this 1979 Celica made its debut at Formula Auctions but fell short of its reserve with a highest bid of $11,900. Subsequently, in October of the same year, the owner opted to list the Celica on Bring A Trailer without a reserve price. However, the final selling price settled at $8,077 CAD, marking a loss of just over $3,800 CAD in potential income from the sale compared to its previous auction attempt.
 

2000 BMW E39 M5 as seen on Formula Auctions

$45,000 CAD Link: Formula Auctions Listing
$34,851 CAD Link: Bring A Trailer Listing
$26,925 CAD Link: Cars & Bids Listing
+$18,075 CAD on Formula!

Another 2000 BMW M5 made its rounds across several auction platforms, this time boasting a striking Titanium Silver Metallic exterior. Its journey began at Formula Auctions, where bidding peaked at $45,000 CAD but fell short of meeting the desired reserve. Subsequently, the owner made two additional attempts with different auction sites. Firstly, they tried their luck with Cars & Bids, a U.S.-based auction platform, where bids only reached $26,925 CAD—significantly lower than the figure achieved through Formula Auctions. The following month, the BMW resurfaced on Bring a Trailer, yet bidding only escalated to $34,851 CAD. This outcome remained distant from Formula's $45,000, underscoring the platform's unparalleled ability to cater to Canadian auto enthusiasts nationwide.
 

2002 Porsche 911 Turbo as seen on Formula Auctions

$60,000 CAD Link: Formula Auctions Listing
$55,491 CAD Link: Bring A Trailer Listing
+$4,509 CAD on Formula!

In 2021, the owner of this Porsche 911 Turbo sought a new home for their cherished sports car and decided to list it on the Bring a Trailer auction platform. Despite bids reaching a respectable total of $55,491 CAD, the Porsche fell short of meeting the reserve required for a sale. However, later that year, the 911 Turbo returned to the auction scene, this time with Formula Auctions. There, it successfully found a buyer at a final price of $60,000 CAD, underscoring how our platform consistently assists Canadians in maximising the value of their collector cars.
 

2007 BMW 530xi Touring as seen on Formula Auctions

$13,500 CAD Link: Formula Auctions Listing
$12,181 CAD Link: Bring A Trailer Listing
+$1,319 CAD on Formula!

Returning to BMW, a pair of comparable Canadian BMW 530xi M-Sport 6-speed manuals from the 2006 and 2007 model years made their way onto the auction blocks. In December of 2021, a 2007 model with 198,500 kilometres was auctioned through Formula Auctions, fetching a hammer price of $13,500 CAD and securing a new owner. About a year later, a similar model from 2006 with 183,000 kilometres crossed the Bring a Trailer auction block, achieving a hammer price of $12,181 CAD. Notably, the 2007 model sold through Formula Auctions fetched an additional $1,319 CAD compared to the one auctioned on Bring a Trailer.
 

1977 Toyota Celica GT 5-Speed Liftback as seen on Formula Auctions

$41,000 CAD Link: Formula Auctions Listing 
$34,174 CAD Link: Bring A Trailer Listing 
+$6,826 CAD on Formula!

This 1977 Toyota Celica Liftback exemplifies the surging interest in vintage Japanese automobiles. Initially auctioned through Formula Auctions in November 2022, it fetched a total of $41,000 CAD. Exactly one year later, it reappeared at auction via Bring a Trailer but commanded a significantly lower selling price of $34,174 CAD. This marked a loss of $6,826 CAD from its initial run through the Canadian auction house.
 

2013 Porsche Cayenne GTS as seen on Formula Auctions

$34,500 CAD Link: Formula Auctions Listing
$31,129 CAD Link: Bring A Trailer Listing
+$3,371 CAD on Formula!

The 2013 Porsche Cayenne GTS stands as another prime illustration of how Formula Auctions can assist sellers in maximising their returns on collector vehicles. This sporty SUV initially appeared on the auction block of Bring a Trailer in January 2023, bidding only reaching $31,129 CAD without meeting the reserve requirement. However, the following month, the Porsche returned to the auction scene, this time through Formula Auctions, where it garnered bids up to $34,500 CAD—an increase of $3,371 CAD compared to its performance on Bring a Trailer. Despite not meeting the reserve requirement on either occasion, the higher bid through Formula Auctions underscores its effectiveness in generating greater returns for sellers.
 

1992 Mercedes-Benz 300TE project as seen on Formula Auctions

$6,750 CAD Link: Formula Auctions Listing
$5,143 CAD Link: Bring A Trailer Listing
+$1,607 CAD on Formula!

Station wagons have been experiencing a surge in popularity for over a decade, and the 1992 Mercedes-Benz 300TE presented a perfect project for enthusiasts diving into the wagon craze. In January of this year, the Mercedes made its debut on Formula Auctions, attracting bids up to $6,750 CAD but failing to meet the reserve requirements. Later that month, it reappeared on Bring a Trailer with no reserve, eventually selling for $5,143 CAD. This marked a $1,607 CAD loss in final sale price compared to its auction on the Canadian platform.
 

2012 BMW M3 Competition Package as seen on Formula Auctions

$63,500 CAD Link: Formula Auctions Listing
$58,536 CAD Link: Bring A Trailer Listing
$57,521 CAD Link: PCarMarket Listing
+$5,979 CAD on Formula!

The final example we'll highlight today is this 2012 BMW M3 Coupe, which embarked on its auction journey through Formula Auctions. Despite appearing on three different auction sites, it struggled to meet the reserve. Initially, through Formula Auctions, bidding reached $63,500 CAD. Subsequently, it found its way to Bring a Trailer, where it garnered a bid of $58,536 CAD—a decrease of $4,964 CAD from Formula's top bid. Continuing its auction odyssey, it landed on PCarMarket, once again falling short of the reserve with a final bid of $57,521 CAD—another decrease of just over $1,000 CAD. This sequence underscores that for Canadian citizens, the optimal avenue to sell their cherished rides remains through us at Formula Auctions.

Formula Auctions has established itself as Canada’s premier auction house for automotive enthusiasts. Time and again, we've demonstrated our commitment to providing Canadians with the best value, enabling them to maximise returns on their investments and find a fitting home for their cherished collector cars. If you're seeking a venue to sell your classic cars, look no further than our dedicated team at Formula Auctions. We're here to assist you in selling your ride and achieving the optimal return on your vehicle.