Barrett jackson 2020 results. Arizona Auction Week 2020

The Paul Walker Collection scores big at Barrett

barrett jackson 2020 results

Looking at all lots, sell-through rates dropped slightly, from 80 percent last year to 77 percent this year. Barrett-Jackson alone drew more than 5600 bidders and enjoyed its highest grossing week, ever. Barrett-Jackson Thursday of Arizona Auction Week saw four more auction companies add to the bidding frenzy. They may not factor in post-sale deals that have occurred. The takeaway for many is that the dramatic drop witnessed at the Monterey auctions was not repeated, but there are plenty of devils in the details. But as with the rest of the collector car market, condition and provenance matters.

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Arizona Auction Week 2020

barrett jackson 2020 results

If we try to quantify the Walker premium, we can calculate that they sold for an average of 167 percent above expected value without celebrity status. The share of no-reserve lots is down five points to just over 68 percent. Long-term owners are still realizing gains. Barrett-Jackson alone drew more than 5600 bidders and enjoyed its highest-grossing week ever. Scottsdale winds down today, but three auction companies—Barrett-Jackson, Russo and Steele, and Leake—will still be selling vehicles. Vehicles from the 1980s continue to be a bright spot in the market.

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Sale on cool cars crossing the Barrett

barrett jackson 2020 results

Plenty of sought-after cars have yet to cross the block. Other than these bright spots, the drop off has a lot to do with the fact that the best cars weren't here. And, as always, the best cars continued to appreciate. Yet for most car collectors—that is, those who buy cars for thousands, rather than millions of dollars—Scottsdale was business as usual. Seven of the eight auction companies have now begun or finished their auctions. Listed below are the raw results witnessed by Hagerty during the live auctions and may not factor in any post-sale deals that have occurred. As you type a list will appear that you can select from so for example typing the first few letters of Chevrolet Chev will give you a list of all the Makes beginning with the letters Chev.

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Event Results

barrett jackson 2020 results

This was a 14-percentage-point increase over the first three days of 2019. In the current market, owners have typically reached break-even after three years of ownership. Brandan Gillogly The clearest reason for the decrease in sales this year is the decline in overall quality of the consignments. Matt Lewis At this point of Arizona Auction Week 2020, all auction companies have started or completed their sales, and results so far have further revealed polarization in the market. One example was a 1975 Chevrolet Corvette sold by Leake for 70 percent above its condition appropriate value.

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Arizona Auction Week 2020

barrett jackson 2020 results

Barrett-Jackson: Buy Official Barrett-Jackson Merchandise: Barrett-Jackson on Facebook: Barrett-Jackson on Twitter: Barrett-Jackson on Instagram:. . Even as parts of the market slide, others shine. Finely presented and rare cars sold extremely well, but there were relatively few of those in the auction tents. Vehicles in 1 Concours and 2 Excellent condition represented less than half the offerings—the lowest ratio Hagerty has observed in more than 5 years. The collection also included two E30-generation M3s. Most important is vehicle condition.

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Event Results

barrett jackson 2020 results

And although American muscle cars and restomods remain the stars of Scottsdale, modern classics from Europe and Japan also did well. Barrett-Jackson has a rare 1918 Kissel 38 Touring Sedan and a 1949 Studebaker M5 Truck used by the Grateful Dead. Still, the bulk of the metal moving in Scottsdale will be affordable, with newcomer Leake starting its auction, Russo and Steele kicking off its first day of sales, and another full day from Barrett-Jackson. Weighing 282 pounds fewer than the standard U. Mecum returns to Phoenix in mid-March after a debut in Arizona in 2019, and Mecum and Bonhams will both conduct motorcycle auctions in Las Vegas next week. Arizona Auction Week 2020 — Overall Auction Data Listed below are the raw results Hagerty Valuation Team members witnessed during live auctions. Their comprehensive summary report follows, offering several insights and perspectives into the overall direction of the collector car market.

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Where to watch the 2020 Barrett

barrett jackson 2020 results

And with the premium his collection has been getting at auction, the late actor appears to be poised to become the next Paul Newman of celebrity car collectors. Nine out of 11 fourth generation 1983-96 Corvettes have been bid to or above condition appropriate values and the same is true for all five Buick Regals—a standout car from a year ago. The model year of the vehicles being customized continue to get. Russo and Steele will offer a variety of Ford Mustangs and Chevrolet Corvettes. But as with the rest of the collector car market, condition and. .

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21 vehicles from Paul Walker's collection pulled in $2.3m at auction

barrett jackson 2020 results

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