January kicked off collector-car auction season with a big bang and big dollars. Following Mecum’s $275M haul in Kissimmee, Florida mid-month, the traditional Arizona auctions added about $245M more to the tally, with $200M of that from Barrett-Jackson’s no-reserve sale in Scottsdale. Bonhams, though, had the highest-priced auction sale in Arizona, with $5.175M buying a Bugatti Chiron Super Sport 300+ (as in 300+ mph test-track capability) for a car with just Bugatti’s test and delivery miles.
Just 10 supercar connoisseurs were able to buy a McLaren 570 MSO-X, a special track-oriented model, in 2018. Each was decked out in livery inspired by McLaren F1 GTR racecars, and each is unique. At Barrett-Jackson’s Scottsdale auction in January, the #8 MSO-X will go to a new owner thanks to this auction company’s all no-reserve policy. McLaren built these cars as dual-purpose road and track machines, ready pile on the miles in either setting.
If the Scottsdale Auctions are coming up…can Spring be far behind? Reviewing our schedule of upcoming auctions is a sure cure for the winter doldrums. Better yet, make your plans now to attend these classic events, either in person or online.
Most collector-car auction houses already offered absentee bidding options and live streaming auctions as part of regular operations, the safety and travel restrictions posed by COVID-19 spurred the industry to apply creative solutions. Learn more about Mecum, Gooding & Company, Bonhams and more are operating their summer auctions.
The going rate for a Ford GT is about $1.2M-$1.5M, or nearly three times the GT’s original $447,000 MSRP (before options). Barrett-Jackson’s top sale in Scottsdale was $1.485M for a 2017 GT with just 141 miles. A ’17 Ford GT in ’66 Heritage livery was the top sale at Barrett-Jackson’s Las Vegas auction in October 2019. It sold for $1.54M.
A 1969 ZL1 Camaro sold at the Scottsdale Auctions for a whopping $1.094 million on the Barrett-Jackson stage. The ZL1 was an all-out performance package that also included heavy-duty suspension and drivetrain components.
The 2020 Scottsdale Auctions boasted $226 million dollars in sales between all of the auction houses. This includes supercars, pre-war classics, and even the late Paul Walker’s car collection.
Supercar highlights this year include a McLaren Senna, Saleen S7, three Ford GT’s,two McLaren 650’s a SRT Viper GTS, and a Dodge Viper at the 49th edition of Barrett-Jackson in Scottsdale.
The annual Scottsdale 2019 auctionpalooza came to a close on Sunday, with the seven auctions tallying $251m, the fourth highest take ever for these sales. Unsurprisingly, seven out of the top-10 sales for the week were Ferraris.
