Archive for the ‘Barrett-Jackson’ Category

No slowing down for the Barrett-Jackson auction machine

Saturday, September 25th, 2010

Barrett-Jackson Auction Company wrapped up day two of its 3rd Annual Las Vegas Auction on Friday with bidding lasting late into the evening.  Charity was on the minds of hundreds of car enthusiasts as the top sellers benefitted foundations from across the country.

Camaro UFC

The top car of the day was a 2010 limited edition UFC Chevrolet Camaro custom coupe from Lot #392.  Shannon Allen, a UFC fan and car enthusiast took home the Camaro for $350,000 to benefit fallen troops and their families.  Chuck Liddell, UFC hall of famer, surprised the crowd when he stepped out of the passenger seat and Dana White, president of UFC, spoke a few words via video about the special meaning of the car prior to its entrance on the block.  One hundred percent of the proceeds benefit the Intrepid Fallen Heroes Fund, which was founded to support families of military personnel lost in service and for those veterans severely wounded.

2011 Camaro

The second highest bid of the day was also a charity car.  YMCA of Southern Nevada received proceeds from Lot #396, a production number two 2011 Chevrolet Camaro.  The bidder will have the opportunity to order the color, engine, transmission, trim and factory installed equipment.  Greg Heinrich of Fairway Chevrolet in Las Vegas donated the vehicle for the auction.

Corvette

A pair of 1981 Chevrolet Corvettes added to the energy of the auction arena.  After competitive bidding for the two historic GM vehicles, which were also charity cars, the highest bidder paid $300,000 and immediately donated the ‘Vettes back to the foundation.  Lot #373 was the first ‘Vette off the assembly line in Bowling Green, Ky, June 1, 1981.  Its partner, a Lot #373.1, was the last built at the legendary St. Louis factory before the doors closed on July 31, 1981.

The Bidding has Begun…Do I hear…

Friday, September 24th, 2010

dodge charger race car

Driven by Kasey Kahne at road courses in Sonoma and Watkins Glen, the 2009 #9 Budweiser NASCAR Sprint Cup Dodge Charger (Lot #84) was yesterday’s top seller fetching $100,000 for the Paralyzed Veterans of America (PVA).  The charity car has a 358cid engine that produces up to 830 horsepower.

Other top sellers from yesterday include:

  • Lot #91 – 1933 Chevrolet Deluxe Two Door Coupe – $77,000
  • Lot #7600 – 1957 Chevrolet 150 Custom Sedan – $63,800
  • Lot #74 – 1969 Chevrolet Camaro Z/28 Coupe – $60,500
  • Lot  #86.1 – 1959 Chevrolet Apache Fleetside Pickup – $52,800

Tomorrow’s auction will feature some of the hottest cars around.  Stay tuned to see if a 2005 Ford Mustang FR500C racecar (Lot #668) donated by actor Patrick Dempsey turns up the heat like “McSteamy” did on yesterday’s season premier.

dempsey race car

Also to come is the crown jewel of exotics-the 2008 Bugatti Veyron (Lot #658).  It is number 80 out of 300 produced and was the fastest production car around the world in 2008.

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Be sure to check out tomorrow’s results!

Should Collector Cars be a Part of Your Financial Portfolio?

Monday, August 2nd, 2010

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Barrett-Jackson president, Steve Davis, responded to this question from Fox News’ most talked about news show, Strategy Room, on Friday.   As one of the foremost experts in the industry, Steve spoke about how Barrett-Jackson is revving up profits in a tough economy.

The Strategy Room’s Chris Cotter and Tracy Byrnes, both collector car enthusiasts, didn’t shy away from asking Steve what we all wanted to know, “How has your business [weathered] this recession?”

Steve responded enthusiastically about the growing number of bidders and consignors, as well as investment and collector value of traditional classics and new collectibles.

“The cars really represent a value in many ways,” added Davis. “It represents memories, it represents passion [and] it represents fun that you can enjoy with your grandfather, your great-grandfather [and] your children.”

Over the past three years, Barrett-Jackson has introduced two successful auction locations, including Las Vegas and Orange County, and enjoyed a 50 percent increase of bidders attending the events.  Just recently at the inaugural Orange County auction, Barrett-Jackson reported that 53 percent of the vehicles that crossed the auction block were purchased by new bidders.

“We’ve seen an incredible amount of new people coming into our world as a result of some of the things happening on Wall Street,” said Davis.  “These vehicles are tangible assets.  They have an incredible amount of fun attached to them and if someone sneezes on Wall Street, I guarantee the whole car isn’t going to disappear.”

Want to know Steve’s thoughts over the collectability and future value of today’s cars?  Click here to see the full story.

Inaugural Barrett-Jackson Orange County Auction Heats Up Southern California

Monday, July 19th, 2010
Barrett-Jackson auction action heats up as the sun sets on the OC Fair & Events Center.

Barrett-Jackson auction action heats up as the sun sets on the OC Fair & Events Center.

Now that the auction action is over, everyone knows the new Barrett Jackson Orange County Collector Car event was a huge success. The first auction reported an impressive turnout with strong sales and a great response from the local community.  Restomods, hot rods, exotics and original muscle cars were the most popular among bidders.

Now that word of Barrett’s new location in Southern California has spread like wildfire, the 2011 OC event is bound to be even more exciting.  Attendance should be bigger and the cars even hotter, setting up the auction to be better and the sales even higher.

By: M. Austin Black

Inside look at the Barrett-Jackson Orange County Cruise-In at Connell Chevrolet

Monday, June 21st, 2010

COSTA MESA, Calif. June 20, 2010Connell Chevrolet in Costa Mesa, Calif. hosted the first ever Barrett-Jackson Cruise-In on Sunday, June 20.  Over one hundred vehicles lined up down the dealership parking lot with their owners showing off the best features of their rides.  Custom and vintage hot rods, restomods, corvettes and muscle cars were on display from 10 a.m. to 2 p.m.  Blue Daddy, a classic rock band played tunes all afternoon, while Paul Newman from Go Country 105 FM announced the latest in Barrett-Jackson giveaways.  Posters, t-shirts and tickets were raffled off every half hour with over ten winners.

Steve Davis, president of Barrett-Jackson and Gary Bennett, vice president of consignment, were all smiles while announcing the three winners of the Barrett-Jackson Choice Awards.  The first winner of the Barrett-Jackson Choice Award was a 1954 Chevrolet Corvette owned by Buddy and Charlotte Davis.  As the original owners of the cream-colored convertible, Buddy and Charlotte took home the People’s Choice Award as well.  The People’s Choice Award was voted on by participants at the Cruise-In for the best car in attendance.  The second winner of the Barrett-Jackson Choice Award was a 1956 Custom Nomad.  This black and chrome restomod was proudly owned by Bob Edger.  The third winner was Nick and Shauna Berger who own an apple red 1961 Ford T-Bird.

For more information about TPRM, visit http://tprm-usa.com/.

3rd Annual Barrett-Jackson Palm Beach Cruise-In Set for March 28

Thursday, March 11th, 2010
Steve Davis (far left) an Gary Bennett (far right) of Barrett-Jackson presented three "Choice Awards" during last year's Palm Beach Cruise-In.

Steve Davis (far left) an Gary Bennett (far right) of Barrett-Jackson presented three "Choice Awards" during last year's Palm Beach Cruise-In.

Collector car enthusiasts in South Florida have had the April 1-3 Barrett-Jackson Palm Beach auction dates circled on their calendars for months. But an event getting similar buzz in the Palm Beach collector car community is the auction company’s annual Cruise-In at a local dealership.

Barrett-Jackson recently announced that this year’s Cruise-In will be held on March 28 at Wayne Akers Ford in Lake Worth, Florida from 10 a.m.-2p.m. Entry into the car show is free and all makes and models are welcome. Barrett-Jackson officials will be on hand to meet enthusiasts, judge entries and present three “Barrett-Jackson Choice Awards.” A “People’s Choice Award” will also be voted on by car show participants.

The first 100 registered entries will receive two free tickets to the 8th Annual Barrett-Jackson Collector Car Auction at the Americraft Expo Center at the South Florida Fairgrounds. Hot dogs, hamburgers and additional refreshments will be on sale to benefit charity, along with a “split-the-pot” raffle. A live radio remote and DJ are also scheduled for entertainment at the cruise-in.

The 2011 Shelby GT350 prototype is scheduled to be on site during the event. Rights to serial number 350 of the limited edition Mustang will be sold during the Barrett-Jackson auction on April 3. Wayne Akers Ford is located at 2000 10th Ave. North, Lake Worth, Fla., just west of Interstate 95. For early vehicle registration, visit www.wayneakersford.com. For general information, email Frank Perdomo at frank.perdomo@wayneakers.com or call Mike Knapp at (561) 582-4444 ext. 414.

Sales Total $68 Million at 2010 Barrett-Jackson Scottsdale Auction

Wednesday, January 27th, 2010

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Results are in from Barrett-Jackson’s 39th annual Scottsdale auction.  The company recorded more than $68 million in total sales, an 11 percent increase from Scottsdale 2009.  Top sellers included a 1929 Hamilton Metalplane H-47 for $671,000 and a 1964 Shelby Cobra that brought $478,500.

The top 10 cars sold in Scottsdale include:

  • 1929 HAMILTON METALPLANE H47 SERIAL #65 AIRPLANE – $671,000 (Lot #1307)
  • 1964 SHELBY COBRA ROADSTER – $478,500 (Lot #1317)
  • 1963 SHELBY COBRA ROADSTER – $401,500 (Lot #1303)
  • 1935 CADILLAC SERIES 40 FLEETWOOD IMPERIAL CONVERTIBLE – $302,500 (Lot #1265)
  • 2011 FORD MUSTANG GT GLASS ROOF COUPE – $300,000 (Lot #1295.1)
  • 1970 PLYMOUTH HEMI SUPERBIRD 2 DOOR HARDTOP – $286,000 (Lot #1289)
  • 1952 WATSON ROADSTER CUSTOM BY BLASTOLENE – $280,500 (Lot #1292)
  • 2008 FORD MUSTANG FR500S FASTBACK RACECAR – $275,000 (Lot #1027)
  • 1970 FORD MUSTANG BOSS 429 FASTBACK – $275,000 (Lot #1283.1)
  • 1967 FORD MUSTANG CUSTOM FASTBACK – $253,000 (Lot #1287)

Barrett-Jackson also saw no damage as a result of the wild rain and wind that passed through Arizona last week, which wasn’t the case for all auctions in the Phoenix area.  More than 180,000 people braved the elements to attend the automotive lifestyle event.

For a full press release on the results, CLICK HERE.  Next up, the 8th annual Palm Beach auction April 1-3, 2010.

1964 Shelby Cobra the Leader in the Clubhouse at Barrett-Jackson

Saturday, January 23rd, 2010

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A beautiful 1964 Shelby Cobra (CSX2281) just cross the block at Barrett-Jackson Scottsdale and fetched $478,500, making it the top selling car so far at the 39th annual event.  The leader overall is a 1929 Hamilton Metalplane that went for $671,000.

The sale ends tomorrow afternoon, marking the largest Barrett-Jackson docket in history with over 1,200 vehicles.  Stay tuned for results and comments from auction officials.

CDC Auctions Challenger for Charity

Friday, January 22nd, 2010

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Classic Designs Concepts took to the Barrett-Jackson stage in Scottsdale Thursday night to auction their Group 2 edition Dodge Challenger concept car for charity.  The modern muscle car sold for $72,000 to help notMYkid, a Scottsdale based organization dedicated to educating kids, parents, schools and communities about issues kids face including substance abuse, eating disorders, depression and more.

Stay tuned for more top sales from cool, windy Scottsdale throughout the weekend.

A Legend Reborn: Shelby Unveils New GT350 at Barrett-Jackson

Tuesday, January 19th, 2010

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Tonight’s Barrett-Jackson Opening Night Gala was an evening to remember as Carroll Shelby and his team at Shelby American unveiled the new 2011 Shelby GT350 before thousands gathered at WestWorld of Scottsdale.

The concept behind the GT350 was to build a car that is light, nimble and powerful. Beginning with the “small block” 5.0 liter Ford Mustang GT as its base, Shelby American worked with experts from Ford Racing, Goodyear, Borla, Cragar and Baer to create a car that is fast and has razor sharp handling. Every segment of the car is enhanced or replaced to create the ultimate balanced performance pony car that is true to the spirit of the 1965-1970 MY Shelby GT350.

The legendary Carroll Shelby was on hand to announce the new pony car and had the following to say about his team’s latest creation, “Our Shelby GT350 ruled its class at the track and was feared by GM and Chrysler owners on the street. Enthusiasts have anticipated the GT350’s return since it went out of production in 1970. Now my band of hot rodders has created a car worthy of the name.”

CLICK HERE for the full press release and stay tuned for more images of the unveiling.