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Scottsdale Classic Car Sales =$292.8m; Avg Price Up 8%

January 23, 2015 by Marion Maneker

$7.3m worth of classics, $4m Future Liner Bus and $3.3 Pontiac Bonneville Special sold at Barrett-Jackson
$7.3m worth of classics, $4m Future Liner Bus and $3.3 Pontiac Bonneville Special sold at Barrett-Jackson

Just to catch up on the classic car market, Scottsdale’s totals are in and the average price for a classic car sold in Scottsdale was up a very strong 8%:

The final hammer has fallen at the 2015 Scottsdale collector car auctions, and the results are in: With $292.8 million in sales from six different auctions, it’s been another record January in Arizona.

That’s a significant increase over 2014’s $248.6 million. But the overall total wasn’t the only thing that was up. Hagerty’s auction-watchers, who follow each and every sale as it happens, report that 2,532 lots were sold of 2,939 lots offered — an 86-percent sell-through rate, compared to last year’s 82 percent. Average prices were up, too: last year, the average lot price was $107,096. This year, it was $115,729.

With $292.8 million in sales, another record year for the Scottsdale collector car auctions | Autoweek.

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