Limited-edition models from Ferrari, Porsche, or Lamborghini often fetch significantly higher prices on the secondary market compared to their original list prices. These rare vehicles typically retain their value, or at least that’s the general expectation.
However, the Bentley Bacalar defies this trend. Once the flagship ultra-luxury model from Bentley, priced at around $2 million, the Bacalar is now trading for less than half that amount.
During the Formula 1 race weekend in Abu Dhabi, RM Sotheby’s hosted one of the year’s most exclusive auctions. Among the vehicles on offer was a 2021 Bentley Bacalar, single-owner and with only 1,131 km on the clock—virtually as good as new.
The Bentley Bacalar is an extremely limited model, with only 12 units ever produced. One might assume that collectors who missed the initial opportunity would eagerly compete for it upon its re-emergence on the market. Yet, this was not the case.
The Bentley Bacalar ultimately sold for $876,785. For a vehicle originally priced at $2 million, this represents not just depreciation, but a dramatic decline, signaling that the prestige Bentley aimed for has faded.
The ultra-rare Bentley Bacalar did not command the resale value expected.
What makes this outcome even more surprising is the timing and context of the auction. Abu Dhabi is a hub for wealthy collectors who often purchase rare vehicles on impulse. Yet, even this audience was unmoved by the Bacalar.
The vehicle in question was owned by a Monaco-based tycoon. It was then transported to Abu Dhabi for the auction in search of a new owner.
This particular Bacalar is one of the most visually striking examples of the Mulliner Bacalar ever produced. As the fifth unit out of 12, it boasts a deep and elegant Memphis Red exterior, perfectly complementing the Bacalar’s flamboyant design. Additionally, it features 22-inch wheels with a three-layer finish, combining silver surfaces with satin accents.
This Bentley Bacalar is finished in a striking red hue.
The 22-inch wheels of the vehicle.
The interior is equally distinctive, blending Linen cream leather with deep plum accents for a cohesive look that matches the exterior. Satin nickel finishes, Vavona wood trim, and chrome accents further enhance the cabin’s opulence.
The interior of the Bentley Bacalar.
This is the fifth Bentley Bacalar produced.
Powering the Bentley Bacalar is a 6.0L W12 gasoline engine, delivering 650 horsepower and 900 Nm of torque. Paired with an 8-speed dual-clutch automatic transmission and all-wheel drive, it accelerates from 0 to 96 km/h in just 3.5 seconds.
The Bentley Bacalar is powered by a robust W12 engine.
The Bacalar’s resemblance to the standard Continental GTC likely diminished its appeal. While a well-configured Continental GTC costs over $300,000, Bentley priced the Bacalar six times higher, a disparity that collectors found hard to justify.
Clearly, collectors are struggling to see the long-term value of the Bentley Bacalar, at least for now. Whether this perception will change in the future remains to be seen. The Bacalar may yet find its niche, but so far, it has fallen short of Bentley’s lofty expectations.
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