Car enthusiasts and collectors alike are often on the lookout for rare and unique vehicles, and there’s no better place to find them than at the world’s largest car auctions. These events bring together buyers and sellers from around the globe, offering a diverse range of vehicles from classic and collectible cars to modern luxury and exotic models. Here’s a comprehensive guide to some of the largest and most prestigious car auctions worldwide.
Barrett-Jackson Auction Company
Location: Scottsdale, Arizona, USA
Highlights: Known as “The World’s Greatest Collector Car Auctions,” Barrett-Jackson hosts multiple events throughout the year, with the Scottsdale auction being the most prominent. It’s famous for its high-energy atmosphere and impressive lineup of classic, muscle, and luxury cars.
Notable Sales:
1967 Chevrolet Corvette L88 ($3.85 million)
1966 Shelby Cobra 427 Super Snake ($5.5 million)
Why Attend: Barrett-Jackson offers a unique experience with its no-reserve policy, ensuring that every vehicle goes to the highest bidder. The auction also features automobilia, making it a comprehensive event for car enthusiasts.
RM Sotheby’s
Location: Various locations, including Monterey, California, and London, UK
Highlights: RM Sotheby’s is renowned for its high-end classic and collector car auctions. They host events in various prestigious locations, attracting a global audience of serious collectors.
Notable Sales:
1962 Ferrari 250 GTO ($48.4 million)
1939 Alfa Romeo 8C 2900B Lungo Spider ($19.8 million)
Why Attend: With its affiliation to Sotheby’s, this auction house provides an unparalleled level of sophistication and exclusivity. The carefully curated selection of vehicles ensures that only the finest cars are presented.
Bonhams
Location: Various locations, including Goodwood (UK) and Amelia Island (USA)
Highlights: Bonhams is one of the world’s oldest and most respected auction houses, known for its classic and vintage car auctions. The Goodwood Revival and Amelia Island auctions are particularly noteworthy.
Notable Sales:
1954 Mercedes-Benz W196R Formula 1 ($29.6 million)
1962 Ferrari 250 GT SWB California Spider ($18.5 million)
Why Attend: Bonhams offers a historical ambiance combined with an impressive selection of vintage and rare vehicles. The auctions are often held in conjunction with prestigious automotive events, enhancing the overall experience.
Mecum Auctions
Location: Various locations, including Kissimmee, Florida, and Indianapolis, Indiana
Highlights: Mecum is the largest collector car auction company in the world, known for its massive inventory and high-energy events. The Kissimmee auction is the world’s largest, featuring thousands of vehicles.
Notable Sales:
1968 Ford Mustang GT Fastback Bullitt ($3.74 million)
1970 Plymouth Hemi Cuda Convertible ($3.5 million)
Why Attend: Mecum’s auctions are a must-visit for muscle car enthusiasts. The sheer volume and variety of vehicles ensure that there’s something for everyone, from rare classics to modern exotics.
Gooding & Company
Location: Various locations, including Pebble Beach, California, and Scottsdale, Arizona
Highlights: Gooding & Company is known for its premium auctions featuring high-end classic and collector cars. The Pebble Beach auction, held during the Concours d’Elegance, is particularly prestigious.
Notable Sales:
1935 Duesenberg SSJ ($22 million)
1959 Ferrari 250 GT LWB California Spider Competizione ($18.15 million)
Why Attend: Gooding & Company is synonymous with quality and exclusivity. The auctions attract top-tier collectors and feature some of the rarest and most valuable cars in the world.
Tips for Attending Car Auctions
Do Your Research: Before attending an auction, research the vehicles you are interested in and set a budget.
Register in Advance: Many auctions require pre-registration, especially for serious bidders.
Inspect the Vehicles: Most auctions offer preview days where you can inspect the vehicles up close.
Understand the Fees: Know the buyer’s premiums and other fees that may add to the final bid price.
Bid Confidently: Since auctions move quickly and can be competitive, bid with confidence and wisdom.
Conclusion
Attending one of the world’s largest car auctions is an unforgettable experience, offering the chance to see and bid on some of the most remarkable vehicles ever made. Whether you’re a seasoned collector or a first-time buyer, these events provide an unparalleled opportunity to acquire unique and valuable cars. So, mark your calendars and get ready to join the excitement at these prestigious car auctions.
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