Saturday, July 24, 2010

Barrett-Jackson's California Auction Was Good For First Time Buyers June 30, 2010

Last weekend Barrett-Jackson's inaugural Collector Car Auction at the Orange County Fairgrounds only reached sales of over $15 million for nearly 400 customs, classics, hot rods and original model cars. Their Palm Beach auction last April brought in more than $20 million for the same number of cars.

The top sellers include a 1970 Chevrolet Chevelle SS 454 Convertible, which went for $253,000, followed by a 1970 Chevrolet Chevelle SS Custom Coupe, selling for $250,000. Jesse James' personal 1936 Ford custom five window coupe, built at West Coast Choppers, sold for $165,000, and it seemed only a few others sold for top dollar.

Overall, we thought some great bargains were being snatched up by bidders, of which the company reported 58% of them were first-time buyers. A few examples include:

$9,900 -1984 15th Anniversary Edition Firebird Trans Am

$3740 - 1981 Alfa Romeo Spider Convertible

$9350 - 1958 Austin FX3 London Taxi Cab

$18,700 - 1980 Clenet Series II Cabriolet

$4620 - 1963 Thunderbird 2 Door Hardtop

There was also a1981 Delorean Gullwing that sold for a respectable $24,200 even though it previously took $49,500 at the Barrett-Jackson 2010 Scottsdale event...ouch!

The entire Orange County Auction results can be found on the company's website.

Barrett-Jackson's California Auction Was Good For First Time Buyers

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