Automotive remarketer Alteso is pitching a new way to conduct wholesale car auctions, which currently aren't open to the public. Their idea would give everyday customers a way to visit a dealer's site to see what's being offered at auction, then they could request the dealer buy the car on their behalf and take delivery the next day.
Anyone who follows the collector car market will tell you that prices are up, and demand is high. Indeed, Scottsdale's 2014 auction week, highlighted by the festivities at Barrett-Jackson, was a raging success, with numbers that were improved from the previous year in most significant categories. A look at the final tallies, though, shows that most of the big-dollar action happened in the foreign and exotic categories, with classic American iron from the 1950s falling behind.
Fans of Top Gear host Jeremy Clarkson might want to make plans to be in the UK next weekend. On August 24, Anglia Car Auctions in King's Lynn is auctioning off Clarkson's black 1999 Jaguar XJR as part of its classic sale. According to the auction house, the Jag was "originally the daily drive" of Clarkson and has had one registered owner since.
Although the vast majority of eyeballs were tuned to the madness at Barrett-Jackson this past weekend, that televised car auction wasn't the only high-dollar game in Arizona. RM Auctions brought its usual gaggle of exotic wares to the desert, and the car that came out on top sold for much more than Barrett-Jackson's highest sale, the Batmobile.
While most of our time on eBay Motors is spent looking for a good eBay Find of the Day article or daydreaming about our next project vehicle, there are plenty of people who actually use the site to purchase cars and parts – to the tune of $3.7 billion in Q3 2012 alone. With the year coming to a close, eBay Motors has revealed the top makes and models that have rolled across its virtual auction block and where these purchases were made.
If there's a recession afoot, no one told the bidders at Saturday's RM Auctions sale. A total of 13 cars went home to new owners for $1 million or more, including a 1956 Ferrari 250 GT LWB Berlinetta TdF at $6.71 million. The '56 was hardly the star of the evening, however, as 1962 Ferrari 250 GT short-wheelbase California Spyder fell under the gavel at $8.58 million. The Italian automaker only built 37 250 GT SWB Spyders with covered headlights, and this particular example has the benefit of be
Prince Rainier III of Monaco spent years amassing a collection of classic, rare and collectible automobiles. It was an eclectic assortment of makes, models and eras. A 1939 Simca 5 shared the same display area as a 1980 Citroën CX2400 and a 1928 Hispano Suiza.
When you think of major car auctions, you probably think of Barrett-Jackson Scottsdale. That's the one that came to mind for us, which is why we sent Jessi and Patrick to experience its sights and sounds this past January.
Allow us to clarify: the Tucker Torpedo Convertible we wrote about recently should herewith be referred to as the purported Tucker Torpedo Convertible. The droptop claiming to be a Torpedo will be up for auction in Scottsdale soon, offered by Russo and Steele. A note from the Tucker Automotive Club of America, however, states that it knows of no such car ever having been made by the Tucker Corporation. The statement says, in part:
Consumers wary of purchasing vehicles off eBay may take a bit of comfort in the online auction site's announcement that all vehicles built since 1981 will now include free vehicle history reports effective today. The "AutoCheck" information, supplied by Experian Automotive, will detail whether vehicles have been involved in major accidents, have salvage titles, have been stolen or repossessed, have had their odometers tampered with, or have seen special duty as a taxi or police vehicle. Of cours
British motoring enthusiasts and car collectors have come to know Coys as one of the preeminent auction houses in England. They've been in business since 1909, and operate several locations in the U.K. as well as offices in Italy, at Germany's Nürburgring and in Monaco. Until now, the auction house – whose recent notable consignments have included championship-winning motorcycles and dictator-chauffering cabriolets – has not delved into the American market, but they're ready for
As part of its post-bankruptcy rebirth, General Motors plans to "experiment" selling its cars on eBay. At its press conference this morning, CEO Fritz Henderson let slip to members of the media that the automaker is engaged in talks with online auction site eBay "to revolutionize how people buy cars online." According to Henderson, GM has plans to try selling its vehicles online:
Word 'round the auctionhouse campfire is that the National Highway Transportation and Safety Administration is attempting to put the kybosh on a planned sale of many General Motors Heritage Collection vehicles this weekend. NHTSA is apparently calling for the halt because it fears that many of the vehicles slated for sale at Barrett-Jackson's Palm Beach auction are not road legal, yet new owners may attempt to drive them on public roads anyway.