Collector Car Market is On Fire

August 30, 2018 0 By Laura

Well, the last of the summer car auctions just ended and set many new records. At the top of the heap was a 1962 Ferrari 250GTO that fetched a whapping $48,405,000 at RM Sotheby’s, helping RM reach total sales of $157,931,940, a 19% sales increase vs. 2017.

Not to be outdone, the people at Gooding & Co., sold the second highest priced car, a 1935 Duesenberg SSJ that once belonged to actor Gary Cooper and was part of the Briggs Cunningham collection for almost 40 years, for $22 million, setting a record for an American car at auction.

Mecum had a total of 690 cars for sale and sold 360 of them for a total of $44.7 million. Their top dollar car was a 1933 Duesenberg Model J Convertible Coupe Disappearing Top Roadster that sold for $3,850,000.

Preliminary sales numbers, when you add all the auctions up, show that 1376 cars crossed the block, with 841 finding new homes, and sales topping more than $360 million. This number can change higher, as there are still after auction negotiations going on.

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Discounted Parts Table Items
Pictures Available Upon Request.

1956 – 1960 Corvette Hardtop – Black. Price: $5,995 $4,888

1967 Corvette Red Line Tires. 7.75 x 15 Firestone Deluxe Champion Red Line Tires. Complete set of 4. For judging purposes only. Price: $995 $685

1991 ZR-1 Owner’s Kit – Complete and like new. Price: $650 $375. Two sets available at this price.

1957 Corvette Fuel Injection Unit – taken off of a ’57 Corvette engine, completely rebuilt and is ready to use. Price $6,950 OBO (make us an offer).

1968-1969 L88 Holley 4bbl carburetor – Completely rebuilt (by Jerry Luck) and ready to
install. 3925519 R4054A 861. Price: $4,500 $3,500.
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Coming Soon!

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1980 4-Speed
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The Black paint shines bright, the aluminum wheels look new and the interior looks almost like no one has ever sat in it!

Doeskin interior with AC, tilt/tele steering column, leather seats, rear window defogger and am/fm stereo.