While most collector-car auction houses had already been offering several convenient absentee bidding options and live streaming auction coverage as part of their regular operations, the public safety and travel restrictions posed by Covid spurred the industry to apply creative solutions to the problem. Nonetheless, enhanced safety measures, expedited entry procedures, and advance planning are expected to allow Barrett-Jackson to hold its next live auction October in Las Vegas. Many shifted the offering of a complete suite of highly personalized services tailored to collector-car buyers, owners, and sellers alike. Plus, utilizing his staunch commitment to his clients, supporters, and the collector-car hobby itself.
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Each year, the auctions taking place during Monterey Car Week are the biggest indicator of what is happening in the classic car marketplace, especially at the sharp end of the hobby where collector cars trade for millions of dollars. Another interesting development this year is that every auction on the peninsula has true top-tier cars ready for bidders. One is that collectors are either aging out of the market or have passed away and their collections are being sold off. However, it also could mean that collectors are selling cars so they can use their money in other ways. Regardless, for the potential buyer, what it means is that some very rare cars have become available for the first time in years and this presents an opportunity to buy something very special.
Arizona Car Week 2020: 4 car auctions to see in the Valley this week
Before the Waste Management Phoenix Open at TPC Scottsdale or the Spring Training games, car enthusiasts, collectors, buyers and sellers come to Phoenix for one of the first staple events of the year -- car auctions. While Barrett-Jackson may arguably have the highest billing, there are at least three other auctions that overlap with one another. Nearly 2, vehicles -- including the personal collections of late actor Paul Walker and former American Idol judge Simon Cowell's collection -- are expected to cross the auction block at Barrett-Jackson's annual auction at WestWorld of Scottsdale, marking the first time that the auction docket has sold out in its history, according to CEO Craig Jackson. As a result, a second stage has been added to the WestWorld Equidome, which sits south of the arena, and where some vehicles will be sold.
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