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Auction Hero Auto Auctions
WHETHER BUYING OR SELLING RARE WHEELS, AUTO "PURISTS" FLOCK TO DAVID GOODING & CO. BIGGER ISN'T always better when it comes to car auctions. Barrett-Jackson's annual Phoenix and Palm Beach sales, for example, have become lifestyle extravaganzas with fashion shows, galas, and live TV coverage. Add 1,200 or so cars being sold, and you have quite a circus. "I'm the opposite of Pebble Beach," says C ...
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Car Collecting Is Burning Rubber
The 2006 version of the Barrett-Jackson collector car auction, which takes place Jan. 14 to 22 in Scottsdale, Ariz., is expected to set a new world record of more than $100 million in sales -- up from an already-prodigious $68 million in 2005. An impressive gain in a year, but it's really just indicative of a market that, as a whole, has been doing an 18-month-long version of the drag racer's tire ...
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Selling Used Cars Just Aint What It Used To Be
The traditional advice from automotive consumer experts was that you could pocket several hundred extra dollars by selling a car yourself instead of trading it in. The advice was simple: "Eliminate the middleman," says James Bragg, author of "The Car Buyers' and Leaser's Negotiating Bible." But that advice may be changing. A variety of changing market dynamics mean a softer market for privat ...
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Ageless Autos
Christies annual Exceptional Motor Cars auction in Monterey, Calif., is one of the classic car worlds premier events and this year offers some real beauties Over the next week, car enthusiasts and deep-pocketed collectors will be making their way to Monterey, Calif., for a week of car-related events including auctions and races during Monterey Car Week. One of the highlights is Christie's Except ...
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New Public Auto Auctions Articles...
Image Auto Gems from Every Era
AUTOS Auctions Australia's annual Magnificent Collector's Cars auction brings together vehicles from the dawn of the car age, as well as recent speedsters What do a steam-powered, 106-year-old buggy and a streamlined, 340-horsepower Ferrari have in common? Not much. But together they're kicking off this year's Australian auction season. At Bonham & Goodman's upcoming annual Sydney event, Magnifi ...
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Image Reverse Car Auctions Come To The Web
Services let buyers set a price for dealers; Ford links its site to Priceline.com bidding First it was plane tickets, then ocean-bound shipping containers and secondhand goods. Now it appears even new cars are ripe for online auctions. Last week, two auction services -- Priceline.com Inc. and CarPrices.com -- were launched, offering to cut haggling out of new car sales by putting the buyer i ...
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Image The Best Used Cars
Certified pre-owned programs offer as-good-as-new cars for less. No wonder they now account for 41% of all used-car sales Used car salesmen may have a bad reputation, but that sure doesn't seem to keep U.S. consumers from buying used cars. In 2004, we bought 13.6 million new cars and light trucks and leased 3.3 million new cars and light trucksbut went home with 42.5 million used cars and light ...
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Image An Auto Auctions Bumper Crop
American beauties like a 1954 Pontiac Bonneville got high prices at the Barrett-Jackson event in Scottsdale. But top dollar went to a weird GM Futurliner bus The 2006 Barrett-Jackson Classic Car Auction in Scottsdale is now history. And like the most recent previous editions of this mega-auction for collector cars, history was made. Barrett-Jackson always seems to inspire superlatives -- the most ...
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Image Blowing Blue Chips Off The Road
BATTERED BY THE STOCK market and afraid of a housing bubble, investors are taking some of their money for a spin in an altogether different type of investment: collector cars. Despite a sorry economy, this market has been growing about 10% annually, to $1 billion this year. And it looks as if it will keep motoring on. America's largest collector-car auction, the Barrett-Jackson sale in Scottsdale ...
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Image Saturn Ebay Team Up To Boost New Used Car Sales
Automaker offers to inspect used cars on auction site GENERAL MOTORS Corp.'s slumping Saturn Corp. unit wants to kick-start new-car sales by offering to inspect used vehicles that are offered for sale on eBay Inc.'s auction Web site. Saturn officials said they hope the inspection service will drive potential new-car buyers into the company's dealerships and boost stagnant sales. Earlier this ...
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