Category: Automotive News

Posts related to Automotive News

Mecum Kissimmee 2017 was a huge success for Corvette! Corvette took three of the top sales position within the massive 2,700 car sale this month in Florida.

January 20, 2017:  Mecum Exceeds $86 Million at Kissimmee 2017
More Than 4,000 Lots Sold Throughout 10-day Auction

WALWORTH, Wis. – Jan. 20, 2016 – Mecum Kissimmee 2017, the world’s largest collector-car auction held Jan. 6-15, at Osceola Heritage Park in Kissimmee, Florida, achieved more than $86 million in total sales. Of the nearly 2,700 vehicles to cross the auction block throughout the 10-day auction, a total of 1,981 vehicles were sold, accounting for a 75-percent sell-through rate, an astonishing accomplishment for a reserve-based auction platform. The Road Art® side of Mecum Kissimmee 2017 saw similar success with a 93-percent sell-through rate, a 5-percent increase over last year’s Kissimmee auction. A total of 1,260 pieces of Road Art and rare parts were sold during the [...]

Today was another ramp up in quality, quantity and price here in the desert of Arizona.

I felt there were a few remarkable sales today, as most cars at Barrett Jackson cross the block at NO RESERVE.

In my opinion, this first car listed may have been a good buy. The Hennessey upgrade is expensive. Combined with the low mileage of the car, This may have been a deal.

Lot 771, An LT1 rang the sold bell at $56,100. This was above the average price on this particular desirable C3.

Lot 792, A 2002 an AAT conversion sporting a C1 body sold for a whopping $99K. Without checking historical data, I think that this may have set a record for this particular special Corvette.

Now we get into the high dollar department with the following 2 Corvettes coming in at the top of the sales volume heap:

Courtesy: Marshall Fancher / VetteNVestments.com

Lot 822 – [...]

45 Corvettes are on the docket today at Barrett Jackson in Scottsdale, Arizona.  You will notice that they are mostly midyear cars, along with first generation examples.  The next two days will showcase the best of the best.  The priciest of the priciest.   We’ll be sharing exciting news directly from the auction so stay tuned!

Check out the list here:  http://www.barrett-jackson.com/Events/Event/Docket/Scottsdale-2017/Collector-Cars/6f804f02-1c09-4409-b85e-8fc5765d72d1/01-20-2017/01-20-2017

We’re excited to see this beauty up for auction tomorrow in Scottsdale, Arizona.  Lot #1372.1 – Previously owned by undefeated boxing champion Floyd Mayweather Jr., this car is finished in a beautiful Pearl White matte finish with a white and red leather interior and red carbon-fiber accents. Current on all services, with the wheels and tires replaced recently, the car has just over 1,668 miles on it. This Bugatti is powered by a W16 8.0-liter quad-turbocharged engine producing up to 1,000hp. It has a top speed is 254 mph, with a 0 to 60 time of 2.4 seconds. With only 150 Grand Sports built worldwide, this is an extremely rare opportunity to own a piece of automotive and boxing history. This car comes with two keys, plus the speed key, battery charger, car cover and presentation booklet.

Details: https://www.barrett-jackson.com/Events/Event/Details/2011-BUGATTI-VEYRON-GRAND-SPORT-205524

Back to top