Auctions, Barrett-Jackson

Barrett-Jackson scales new heights with record-setting Scottsdale sale


Led by the much-anticipated charity sale of the first-production 2020 mid-engine Chevrolet Corvette, Barrett-Jackson scored the highest-grossing collector car auction in its history during the 49th annual Scottsdale sale.

The total was more than $141 million (including auction fees), with $129.7 million from its largest-ever docket of more than 1,900 vehicles, $7.625 million raised through the sale of 9 charity cars, including the Corvette, and $3.7 million for the sale of more than 1,200 pieces of automobilia.

1960 Cadillac Eldorado convertible

Everything was super-sized for Barrett-Jackson’s signature home-base 2020 auction that continues to dominate Arizona Auction Week, which also hit a record this year with eight collector car auctions taking place. The unofficial cumulative total for those auctions was $244.1 million.

Barrett-Jackson offerings included 180 collector vehicles from a record 9 collections. The most-ever registered bidders competed during a full 7 days of auctioneering. The event had a sell-through rate of 99.9 percent for the overwhelmingly no-reserve auction, with just one vehicle failing to sell.

1963 Modena Spyder California from

1963 Modena Spyder California from

The auction served as the start of Barrett-Jackson’s yearlong celebration of the “Road to 50,” which ramps up to the Scottsdale auction’s half-century in 2021.

“We kicked off our ‘Road to 50’ in Scottsdale with our foot planted on the accelerator,” company chief executive Craig Jackson said in a news release. “Our sponsors, consignors, bidders and guests made this week’s auction epic.”

Among the special auction features this year was the Paul Walker collection of cars and other vehicles that were owned by the late Fast and Furious actor. Topping these was his group of 1990s BMW M3 coupes, including five of the rare competition lightweights. One of them, a 1995 M3 Lightweight, sold for $385,000, more than double the previous auction record.

Paul Walker's 1995 BMW M3 Lightweight

Paul Walker’s 1995 BMW M3 Lightweight

The $3 million sale of the 2020 Corvette Stingray VIN 001 was one for the books, with General Motors chairman Mary Barra appearing on the auction stage to help sell the landmark car, which GM donated for the event. The car was purchased by Rick Hendricks, the North Carolina mega car dealer and NASCAR team owner who is a regular buyer of Barrett-Jackson charity offerings.

“Reaction to the mid-engine Corvette was incredible,” Barra said. “It’s both humbling and exciting to harness that success and support the local community through the Detroit Children’s Fund.”

2020 Chevrolet Corvette

2020 Chevrolet Corvette

Barrett-Jackson’s second-highest Scottsdale result was also a charity sale and also a first-production model, a 2021 Lexus LC 500 Inspiration Series convertible that went for $2 million to benefit the Boys & Girls Clubs of America.

All proceeds from Barrett-Jackson charity sales go directly to the chosen beneficiary. The auction company has raised more than $126 million over the years for worthy causes.

“This was absolutely the most phenomenal Scottsdale Auction in Barrett-Jackson’s history,” said Steve Davis, president of Barrett-Jackson. “But what really elevated this Scottsdale Auction to the next level was the wonderful generosity of the many consignors and bidders who opened their hearts to help us raise $7.625 million for charity. What an incredible feeling to know that the collector car community is having such a positive impact on the lives of people across the country who need our help.”

2020 John Force COPO Camaro

2020 John Force COPO Camaro

Other charity sales included that of a 1968 Plymouth GTX custom by Chip Foose and owned by TV personality Chris Jacobs, which sold for $300,000 to benefit the C4 Foundation, and a custom 1981 Jeep CJ7 that was sold and re-donated on the block three times for a total of $425,000 raised to benefit the Make-A-Wish Foundation.

“Special guest 13-year-old Make-A-Wish recipient Will Wade fulfilled his wish by accompanying Craig Jackson on the block and hammering in the final sale of the Jeep,” Barrett-Jackson noted.

Also selling for charity were a 1997 Chevrolet Monte Carlo Winston Cup NASCAR Race Car that sold for $250,000 to benefit the Arizona Animal Welfare League; a 2020 Chevrolet COPO Camaro John Force Edition that sold for $600,000 to benefit DonorsChoose.org; a custom 1963 Volvo Amazon coupe that sold for $150,000 to benefit the SEMA Memorial Scholarship Fund; 1974 Ford Bronco Custom SUV that sold for $650,000 to benefit the Ryan Blaney Family Foundation; and a 1965 Superformance MKII custom Cobra replica that sold for $200,000, with an addition donation of $50,000, to benefit TGen Foundation.

969 Chevrolet Camaro COPO Sport Coupe

969 Chevrolet Camaro COPO Sport Coupe

Barrett-Jackson’s highest-selling non-charity cars were a pair of modern American exotics, 2017 Ford GTs, one selling for $1.485 million, the other for $1.182 million. Three of the other cars on the auction’s top-10 seller list were low-mileage 2005-2006 Ford GTs, two of which sold for $440,000 and one for $451,000.

Just two vintage collector cars cracked the top-10, a 1969 Chevrolet COPO Camaro ZL1, which achieved $1.095 million, and a 1963 Aston Martin DB5 that went for $660,000.

To see the full list of Barrett-Jackson Scottsdale results, visit the auction website.

This article, written by Bob Golfen, was originally published on ClassicCars.com, an editorial partner of Motor Authority.



Source link

Auctions, Barrett-Jackson

2020 Chevrolet Corvette C8 VIN 001 sold to Rick Hendrick for $3M


The first mid-engine 2020 Chevrolet Corvette C8 has been sold but not at a dealership. It was auctioned off for a good cause.

The first production C8 Corvette hasn’t been built yet, but on Saturday, General Motors CEO Mary Barra rolled onto the Barrett-Jackson auction block in Scottsdale, Arizona, in a red pre-production 2020 Chevrolet Corvette C8 and watched as the forthcoming first production version of the mid-engine Corvette was auctioned off.

Car collector and NASCAR race team owner Rick Hendrick won the auction with a bid of $3 million.

“I am the number one Corvette junkie in the world,” said Hendrick.

2020 Chevrolet Corvette C8 VIN 001 auctioned for charity

The red car that rolled across the stage in Arizona was not the car that was sold. The first production mid-engine Corvette, VIN 001, will be built soon. Hendrick will take delivery of a black-on-black 3LT trim Corvette with the Z51 performance package.

The proceeds of the auction will go to the Detroit Children’s Fund, which plans to use the money to fund school interventions to help set up kids for academic success. The funds will also be used to recruit, develop, and retain teaching talent and school leadership.

Hendrick is no stranger to the automotive collector scene. The man owns the first production Chevrolet Volt, the last C7 Corvette (also black on black, talk about a future auction pairing), and the first 2017 Acura NSX.

Chevrolet said production of the mid-engine 2020 Chevrolet Corvette will begin in February with customer deliveries taking place near the end of the month.



Source link

Auctions, Barrett-Jackson, Paul Walker

Paul Walker Lightweights collection sells for $1,205,000 at Barrett-Jackson


The BMW M3 Lightweights – of which Walker had a fleet of five – have become prized automobiles. One would wonder if the “Fast and Furious” franchise star was looking to start a race team with the factory track weapons. All but one features the tri-color checkered M motif graphics package on the left-front and right-rear corners.

1995 BMW M3 Lightweights owned and collected by Paul Walker | Jared Costello photo

Out of twenty-one vehicles crossing the block at the Scottsdale Barrett-Jackson auction this year from Walker’s collection, the highly anticipated 1995 BMW M3 Lightweights crossed the block at a total hammer price of $1,205,000 for all five. Walker’s influence on the collector car industry has become even more evident with these results. These cars didn’t even need Walker’s star-power as they are highly prized, but the emphasis on his foresight was key.

 

Paul Walker's BMW's lined up prior to auction | Sarah Day photo

Paul Walker’s BMW’s lined up prior to auction | Sarah Day photo

“He (Walker) was a great car guy, I call him the modern-day Steve McQueen,” Barrett-Jackson CEO Craig Jackson said in an interview prior to the auction. “He was a pioneer in cars that people didn’t really think were collector cars when he started buying them.”

Here are the results for each sold from Walker’s collection:

Lot 1371 – 1995 BMW M3 Lightweight: $350,000
Lot 1372 – 1995 BMW M3 Lightweight: $200,000
Lot 1372.1 – 1995 BMW M3 Lightweight: $220,000
Lot 1373 – 1995 BMW M3 Lightweight: $235,000
Lot 1373.1 – 1995 BMW M3 Lightweight (without checkered motif): $200,000

The strong prices paid for the cars are an indication not only of the late actor’s star power, but of the next-generation of car enthusiasts now bidding at collector car auctions.

This article, written by Rebecca Nguyen, was originally published on ClassicCars.com, an editorial partner of Motor Authority.



Source link

Arizona Auction Week 2020, Barrett-Jackson, Barrett-Jackson Scottsdale 2020, Corvette, Corvette c8

2020 Corvette C8 VIN 001 fetches $3,000,000 at Barrett-Jackson | ClassicCars.com Journal


C8 Vin 001

For 100 percent of the hammer price, Barrett-Jackson Auctions and Chevrolet raised $3,000,000 for The Detroit Children’s Fund here, in today’s auction of the first retail production 2020 Chevrolet Corvette C8 Stingray during the 49th Annual Scottsdale Auction, at WestWorld of Scottsdale.

2020 Chevrolet Corvette C8 VIN 001 auctioned at Barrett-Jackson2020 Chevrolet Corvette C8 VIN 001 auctioned at Barrett-Jackson
Heading to the block | Sarah Day photo

One of nine charity vehicles, the 2020 Chevrolet Corvette C8 Stingray VIN 001 is powered by a 6.2-liter V8 LT2 engine and comes equipped with the Z51 performance package. Called “the jewel in the center,” the Corvette’s naturally aspirated V8 engine is attached to an 8-speed, dual-clutch transmission capable of 495 horsepower and 470 ft/lbs of torque ‒ the most horsepower and torque for any entry Corvette. This all-new mid-engined Corvette rides on coilover springs and monotube shocks, magnetic ride control and features massive front and rear four-piston Brembo brakes.

All proceeds to the Detroit Children’s Fund | Daniel Nikkhoo photo

The Detroit Children’s Fund offers training, resources and supplies to underfunded public schools in the greater Detroit area. It works to bridge the gaps in funding and expertise, directing resources and best practices that are proven to help schools improve on the whole. In addition, the Detroit Children’s Fund helps schools acquire the technology and training they need to make and monitor progress, as well as provides computers, textbooks and other learning tools essential for student learning.

Tom Stahler is the Managing Editor of the ClassicCars.com Journal. Tom has a lifelong love of cars and motor racing – beginning with the 1968 USRRC race at Road America, in a stroller, at eight months of age. His words, photos and broadcasts can can be found on a myriad of media. He has won the Motor Press Guild’s Dean Batchelor Award and a Gold Medal in the International Automotive Media Awards.

!function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n; n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window, document,'script','https://connect.facebook.net/en_US/fbevents.js');



Source link

Auctions, Barrett-Jackson

1963 Modena Spyder California from “Ferris Bueller’s Day Off” is for sale


The Barrett-Jackson collector car auction company announced Friday that it was adding another celebrity car to an auction docket that reportedly had been filled to the brim.

“Barrett-Jackson… announced today that it will auction the 1963 Modena Spyder California, serial number GTC001… made famous as the number one hero car in the iconic 1980s film “Ferris Bueller’s Day Off,” the company said in its news release.

The car will cross the auction block Saturday as Lot 1378. The sale is scheduled to take place during “prime time” television coverage between 5 and 6 p.m. (Mountain time).

“Built by Modena Design & Development, this Spyder is one of three Modenas used for the filming of the iconic movie and will be offered at No Reserve,” the auction house said.

1963 Modena Spyder California from

1963 Modena Spyder California from

1963 Modena Spyder California from

1963 Modena Spyder California from

1963 Modena Spyder California from

“The cult classic film “Ferris Bueller’s Day” Off made this Modena an instant classic among collectors and movie fans,” company chairman Craig Jackson was quoted in the announcement. “This was the first of the three Spyders sold to Paramount and when you see it in person, I’m confident it will bring back great memories of this iconic film.”

Barrett-Jackson said the car recently was restored by Neil Glassmoyer, one of the founders of Modena Design.

The car has a carbureted 427cid V8 engine, tan leather interior with GPS speedometer and Retrosound radio with Bluetooth, and a pair of Blaupunkt amplifiers in the trunk to power 14 hidden speakers.

The car’s next owner also receives movie memorabilia, build photos, a 1/24-scale die-cast model and a Hot Wheels version as well as a certificate of authenticity from Modena Design & Development.

This article, written by Larry Edsall, was originally published on ClassicCars.com, an editorial partner of Motor Authority.



Source link

Auctions, Barrett-Jackson

Paul Walker’s star-power sells cars at a premium


Four of the Paul Walker Collection cars went across the block Thursday at Barrett-Jackson, and got a premium at the hammer, proving that star-power provenance matters. A tuned 2009 Nissan 370Z, a 1989 Nissan R32 Skyline track car, a 1995 Eddie Bauer Edition Ford Explorer and a 1967 Nova custom coupe did far better than similar non-Walker cars offered.

Walker was killed November 30, 2013 with friend Roger Rodas. The two were enjoying a joy ride in Rodas’ Porsche Carerra GT. Rodas lost control of the car in an industrial park in Santa Clarita, California, and hit a light pole. Neither survived after the impact and subsequent fire. Like James Dean before him, Walker attained posthumous Hollywood legend status as the freak accident robbed the world of a talented and kind star.

Hammer price for Paul Walker’s 370Z | Tom Stahler photo

The 370Z, which appeared in the fifth installment of the “Fast and the Furious” franchise hammered at $96,000. While not driven by Walker in the film, it was essentially an “extra,” and was later bought by Walker. Certainly Walker’s name attached to a tuner such as this has enough provenance to justify the extra money for a car that can be bought for less than half the hammer price.

Paul Walker's R32 Nissan Skyline | Tom Stahler photo

Paul Walker’s R32 Nissan Skyline | Tom Stahler photo

The R32 Skyline is easily identifiable with the tuner and drifting crowd. Considering that another Skyline went across the block and sold for $40,000, the $91,000 that the Walker car fetched again proved that provenance ruled the day. The stripped, roll-bar clad track weapon was a fair example and clearly had been minimized without regard to esthetics. One would certainly hope this car finds its way to the track soon, as intended.

Paul Walker’s Ford Explorer | Tom Stahler photo

Paul Walker’s Ford Explorer | Tom Stahler photo

Ford Broncos from the 1990s are nice SUVs. Not $61,000 nice though. While in very nice condition, this particular vehicle is rather understated. The story is that Walker drove the car around town near his home in Santa Barbara, California. The new owner must want to feel that Walker wasn’t always drifting through corners with his pants on fire everyday. He still went to the grocery store and doctor appointments and drove his kids around. This car reminds us of that side of the star.

The 1967 Nova was a very nice car. Muscle cars, particularly restomods are doing very well. Walker’s Nova custom was initially powered by an LS1; that engine was removed and replaced with a GM 5.3-liter V8 engine that is mated to an automatic transmission. It sold for a healthy $60,500.

The rest of the Walker Collection, which includes BMW M3 Lightweights and an E30 M3 Evolution, are set to cross the block over the next couple of days.

This article, written by Tom Stahler, was originally published on ClassicCars.com, an editorial partner of Motor Authority.



Source link

PreviousNext

You Want To Have Your Favorite Car?

We have a big list of modern & classic cars in both used and new categories.