As reported in Auto Remarketing magazine, Premier’s consistent, decade-long growth — both in the number of cars leased (up 85%), and dollars financed (up 178%) — provides a reliable gauge of the industry’s past performance and near-term outlook. This is great news for exotic, vintage and luxury car enthusiasts.
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.
We’ve learned a few things over the past 20 years about how to buy exotic, vintage and luxury cars, whether they’re new or previously owned. So we’ve created a 5-part series to pass that information along to serious car enthusiasts like you. Part 2 in our series tells you everything you need to know about consignment dealers.
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.
Mercedes made only 65 Mercedes-AMG G65 Final Edition for global consumption, with 30 coming to the US. This past week, Gooding & Company sold one at its Scottsdale auction for $240k. The pre-sale estimate was $250k-$300k for an essentially new vehicle with just 150 miles.
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.
The 2005-2006 Ford GT was an homage to Ford’s 1960s endurance racecars, but intended for the street. One is currently up for auction in Scottsdale at Gooding & Company, featuring Carroll Shelby’s signature on the dashboard.
The Cavallino Classic 2020 is coming soon in Palm Beach, FL. Far more than a series of shows, displays and concours judging, the Cavallino Classic is a true enthusiast-based event. While certainly focused on Ferrari, other distinguished marques are prominently celebrated, this year celebrating the 110th anniversary of Alfa Romeo.
At the Mecum auction in Kissimmee, FL this month, one of the two Highland Green 1968 Mustang GT fastbacks featured in the Steve McQueen movie “Bullitt” sold for a breathtaking $3.75M (including buyer’s premium).
