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HALO MARKET REPORT · QUARTERLY

Q3 2026 Market Report

JUL–SEP 2026 · PUBLISHED 28 SEP 2026

A firm quarter across halo marques, with Monterey week doing most of the work and analog Ferraris leading gains.

79
STRONG · 65–80
HALO MARKET RATING
01

Market rating

WHAT'S DRIVING ITCOOLING ← 50 → HEATING
Sell-through77% sold
Above benchmark64% of sales
Unsold high bidsbids +1% vs value
Volume vs usual1.4×
Days to sell47 days
Breadth55 of 86 up
COLDFLATFIRMSTRONGHOTOCT 2025SEP 2026
04

Notable sales

01
2023 Ferrari Daytona SP3
RM Sotheby's · 15 AUG 2026 · 227 MI
$17.8M
+45% VS BENCHMARK
02
1996 Ferrari F50 (Giallo Modena) | Mecum Monterey 2026
Mecum · 15 AUG 2026 · 4,507 MI
$14.6M
+20% VS BENCHMARK
03
1995 Ferrari F50 | The Monterey Auction 2026
RM Sotheby's · 15 AUG 2026 · 6,196 MI
$12.1M
+0% VS BENCHMARK
04
2003 Ferrari Enzo
Broad Arrow Auctions · 14 AUG 2026
$10.7M
+11% VS BENCHMARK
05
2003 Ferrari Enzo
RM Sotheby's · 14 AUG 2026 · 9,834 MI
$9.41M
−2% VS BENCHMARK
06
1991 Ferrari F40
RM Sotheby's · 15 AUG 2026 · 320 MI
$8.37M
+51% VS BENCHMARK
07
1968 Lamborghini Miura P400 S (The Quail Auction 2026)
Broad Arrow Auctions · 14 AUG 2026 · 4,870 MI
$4.08M
+34% VS BENCHMARK
08
1967 Lamborghini Miura P400 by Bertone (Monterey 2026)
RM Sotheby's · 15 AUG 2026
$3.03M
+0% VS BENCHMARK
05

The view

Q3 2026 produced a market rating of 79, in the strong band, on a 77% sell-through across 967 of 1,249 lots offered. Volume ran about 1.4 times the usual pace, average days to sell held at 47, and 64% of sales cleared above benchmark. Breadth was moderate rather than sweeping, with 55 of 86 tracked segments advancing over the period.

Monterey week supplied the bulk of the quarter's headline results. A 2023 Ferrari Daytona SP3 made $17,825,000 against RM Sotheby's, 45% over benchmark , and the F50 market showed a wide spread, with a Giallo Modena example at $14,575,000 running 20% over benchmark against another at $12,105,000 that landed exactly at benchmark . Enzo results told a similar story of dispersion, one selling 11% over benchmark at $10,675,000 and a second the next lot down 2% under at $9,410,000 . An F40 brought $8,365,000, 51% over benchmark , consistent with the model's 42% quarterly gain on six sales, a small sample worth noting.

Analog cars carried the index tables. The Analog Supercar index rose 12.7% with a rating of 77, and Ferrari 1974 to 1999 rose 14.9% with the highest rating on the board at 90. Miura results supported this, with a 1968 P400 S bringing $4,075,000, 34% over benchmark , while a 1967 P400 by Bertone sold exactly at benchmark for $3,030,000 . Modern Hypercar was the one index in decline, down 3.8%, with no rating assigned, and Ferrari 1947 to 1973 lagged the rest of the Ferrari complex at a 45 rating despite a modest 2.2% gain.

Bring a Trailer results showed the widest benchmark deviations of the quarter, though these figures should be read against generally low-mileage, well-documented examples rather than treated as representative of the broader market. An 11,000-mile 2004 360 Challenge Stradale sold for $800,000, 675% over benchmark , and a 2,200-mile 2015 458 Speciale A brought $2,125,000, 521% over benchmark . Two 430 Scuderia results, an 11,000-mile 16M at $1,050,000, 468% over benchmark , and a 1,300-mile standard coupe at $926,000, 401% over benchmark , point to sustained demand for exceptional-condition Ferrari V8s of the 2000s. A 4,700-mile Gallardo LP570-4 Super Trofeo Stradale at $630,000, 412% over benchmark , suggests the pattern extends to Lamborghini's equivalent generation.

Among the movers, the 812 stands out at 57% on 30 sales, a large enough sample to treat as a genuine trend rather than noise. By contrast, the Huracán Performante's 31% gain rests on three sales and the F50's 27% on five, both figures to hold loosely. On the fallers' side, the 575M and Superamerica declined 26% on 11 sales, and the 997-generation GT3, GT3 RS and GT2 group eased 6% on 19 sales, the more statistically grounded of the two declines.

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HALO IS INDEPENDENT. IT DOES NOT SELL OR INSURE CARS. EVERY FIGURE LINKS TO THE SALES BEHIND IT.