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Car Auction In Phoenix

Everybody knows that a car auction is a great way to search for a car and finally find the one that just screams “I’m yours!”. Nowadays, auctions are organized all over the world, for all tastes. You just need to go and look for that special car you want.

In January 2011, in Phoenix took place more than one auction, each one of these auctions going a step further when it came to originality, style and organization, and, of course the cars gathered there. So, everybody, meaning car lovers, buyers and sellers, had a full weekend at the car auctions in Phoenix with the five Valley’s auctions: RM, Silver Auctions, Russo and Steele, the 40th Anniversary Barrett-Jackson Collector Car and Gooding & Co.

At the RM Auction, that took place at the Arizona Biltmore, an important and well known seller was the former baseball slugger Reggie Jackson, who came to sell his amazing 1973 Ferrari 365 GTB/4 Daytona Spider, estimated at a $1million, and his other two 1967 Corvettes. In total, the participants were able to take a look at more than 160 cars. The most exciting ones were: a 1929 Duesenberg Model J Dual Cowl Phaeton, a 1941 Lincoln Continental Coupe and a 1949 Cadillac Series 75 Woddie Limousine.

1973 Ferrari 365

The Russo and Steele auction had its fresh start in Scottsdale and sold 400 cars for a total of $10.5 million, all in one day. If you do the math, that means at least $26,169 for each car. The top-seller of the day was a 2011 Ford Mustang Custom Coupe. This car was sold for $91,000. The overall success was undeniable, the auction sales exceeding $21 million. The top three most expensive cars were the 1955 Mercedes Benz 300 SL Gullwing sold for the “modest” amount of $704,000, followed by the 1965 Shelby Cobra 427 CSX1001 and the 1957 Cadillac Eldorado Biarritz.

Barrett-Jackson auction was visited by more than 300,000 people. This was a real success for the company. The Barrett-Jackson auction was proud to be the host of an impressive number of celebrity cars, such as the Ford truck of Knievel and the 1969 Camaro of rock star Bret Michael. However, the star attraction of the auction was the 1963 Pontiac ambulance. This piece of history carried the casket of President Kennedy from the Andrews Air Force Base to the Bethesda Naval Hospital and then to the US Capitol.

Gooding and Co auction is specialized in ultra-high-end vehicles and assembled 130 cars for this event. The auction had on its list cars like the 2006 Ferrari FXX Evoluzione estimated at $2.5 million and the 1941 Chrysler Newport Dual Cowl Phaenton valued up to $1.3 million. People could also see the 1930 Duesenberd Model J Dual Cowl Phaenton, the 1953 Fiat 8V Supersonic and the 1962 Mercedes-Benz 300 SL Roadster. The Gooding auction brought into the spotlight some Ferrari and Italian cars as well. The Masserati MC 12, the Ferrari F40 or the sports racing Ferrari 333 SP are among the best examples.

Bottom line, no matter where you go you can’t escape the gorgeous cars. And if you don’t mind spending the extra money, you won’t resist the temptation to actually buy one. Don’t hesitate! Money is meant to be well spent and car auctions in Phoenix are the events that make money talk.

You might also want to read:

Classic Car Financing
Buy A Prestige Car
Arizona Collector Car Auction
How Do I Sell A Car That Has A Lien On It?
Car Lease Buyout



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