Category archives: Auctions

Analysis: It’s become a buyer’s market, but for how long?

AS17_r0054_01
Cars such as this 1971 Pontiac Trans-Am are popular with a new generation of bidders | Auctions America photo

Monterey Car Week is coming up quickly and a lot has been happening in the classic car auction marketplace leading up to what serves as the Super Bowl of the auction year.

In recent weeks, we have had the Auctions America sale in northern Indiana, the Mecum auction at Indy, RM Sotheby’s at Santa Monica and the Barrett-Jackson Northeast sale in Connecticut.

Our analysis: If you are in the hunt for a car priced at $150,000 or less, including a lot less, this has definitely become a buyer’s market. Continue reading

Rick’s picks at Mecum’s 30th annual Spring Classic

Just a few of the 1,400 or so cars available this week at Mecum's Indy auction | Rick Carey photos
Just a few of the 1,400 or so cars available this week at Mecum’s Indy auction | Rick Carey photos

In the 12-decade history of the automobile, 3 decades is but a quarter. Even in collector car auction history, it is not even half. Still, by any reasonable or relative benchmark, the three-decade history of Mecum Auctions’ Spring Classic is worth considering. Continue reading

After 50 years (but only 8,500 miles), a hero’s Corvette is going to auction

First father, then son have meticulously maintained this car since new | Mecum Auctions photos by David Newhardt
First father, then son have meticulously maintained this car since new | Mecum Auctions photos by David Newhardt

Like many who were drafted into military service and sent to fight in Vietnam, and who were fortunate enough to come home, Keith Richard Litavsky returned and bought the car of his dreams, a 1967 Chevrolet Corvette: Marina Blue with Bright Blue interior, and a 427-cubic-inch, 435-horsepower V8 linked to an M21 four-speed manual transmission.

Fifty years later, the car has been driven only 8,533 miles, a figure that may tick up slightly as it is driven across the block at Dana Mecum’s Original Spring Classic auction, May 16-21 at the Indiana State Fairgrounds. Continue reading

More than 300 surplus movie, TV vehicles set for online auction

Vintage work trucks that have appeared in films will be among the auction vehicles | Tiger Group photos
Vintage work trucks used in films are among those being auctioned |Tiger Group photos

Even if your personal movie-star career hasn’t taken off, there is a way to own a piece of Hollywood and drive it every day. More than 300 cars, trucks, motorcycles and specialty vehicles that have appeared in movies, TV shows and commercials will be auctioned in online bidding April 20-27 as Picture Car Warehouse sells off some of its no-longer-needed inventory. Continue reading

Benetton F1 racer joins Bonhams’ Spa sale docket

Schumacher was among the car's drivers | Bonhams photos
Schumacher was among the car’s drivers | Bonhams photos

The Benetton B-191-02 car that was driven by Robert Moreno, Nelson Piquet and Michael Schumacher during the 1991 Formula One racing season is featured on the docket for Bonhams’ Spa Classic auction scheduled for May 21. Continue reading

Larry’s likes at Silver’s Spring in Arizona auction

Silver Auctions tent with resort and Four Peaks in the background | Larry Edsall photos
Silver Auctions tent with resort and Four Peaks in the background | Larry Edsall photos

A couple of days ago, our collector car marketplace analyst Andy Reid shared word that while the tip of the auction iceberg is solid (at least if the car you’re selling is immaculately preserved or restored and has stunning provenance), the values of much of the mass of cars below the surface, those with six-figure valuations, is, well, melting. Continue reading

Analysis: Entry-level flexes muscles at Amelia Island auctions

1967 MGB sells for $38,500 on Amelia Island | RM Sotheby's photo by Darin Schnabel
1967 MGB sells for $38,500 on Amelia Island | RM Sotheby’s photo by Darin Schnabel

The auctions at Amelia Island were very interesting to watch, with entry-level cars still seemingly on the rise and with the modern classic market still pretty hot, though showing some signs that it is leveling a little. Continue reading

Brabhams, Indy racer headline Australian collection auction

Cosworth-powered Brabham BT21 was owned by Jack Brabham's engine builder | Lloyds Auction photos
Cosworth-powered Brabham BT21 was owned by Jack Brabham’s engine builder | Lloyds Auction photos

A collection of American open-wheel and Brabham-built racing cars are being sold March 18 by Lloyds Auctions, an Australia-based sales house. The vehicles come from Brian King’s “The Kings Garage” collection.

The Brabhams are a pair of BG21Bs, one powered by a rare Cosworth SCB four-cylinder engine that is believed to be one of only two or three still in existence. The car was built, owned and raced by Jack Brabham’s engine builder Bob Ilich. To propel the car, Ilich was able to obtain an experimental 1.5-liter SCB Cosworth engine. Continue reading

What’s Andy likes at RM Sotheby’s Amelia Island auction

Zagato-bodied 1955 Alfa 1900CSS among Andy's picks at RM Sotheby's auction | Andy Reid photos
Zagato-bodied 1955 Alfa 1900CSS among Andy’s picks at RM Sotheby’s auction | Andy Reid photos

Due to mechanical issues with the collector car I drove down the East Coast to attend the activities at Amelia Island this weekend, I’m a little late in sharing my favorites among the cars available at RM Sotheby’s auction, which begins today with the selling of the Orin Smith collection. Continue reading

Window shopping with Nicole at Carlisle’s Winter Autofest

022417TFF_9794_1
1973 Chevrolet Camaro offered at Carlisle Events Winter Autofest auction in Florida | Nicole James photos

I have attended Carlisle Events Florida events before, but this is my first time experiencing the Winter Autofest, which includes the first Carlisle Auction of the 2017 event season.

Continue reading