Classics GAA Classic Cars Auction Reports 83-Percent Sell-Through Rate
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The GAA July auction has just wrapped up, and the results will give you hope!
To say there's a lot of heavy-handed uncertainty in our everyday lives is almost insulting to highlight at this point, but it also can't be ignored. This year has been plagued with tragedy, the death of many businesses, and civil unrest. Navigating through any of this has been a challenge, to say the least, for any sector, but car people have been smacked around since the beginning of the shutdowns. With events been cancelled all over the place, and economic uncertainly, car collectors have been filled to the brim with questions. The main question being: Is the cargoing to survive this? But we've seen glimmers of hope in unexpected areas since the whole mess began.
These Three Classic Fords Are Solid Detroit Stainless Steel
This lot of solid stainless steel cars on offer at the annual Auburn Auction redefines the meaning of “Detroit steel.” Of course, the three unique cars come heavy with history as well as body work. In 1935, Ford partnered with the Pittsburg company Allegheny Ludlum Steel to create six 1936 Deluxe Sedan out of the new wonder metal; stainless steel. While only a limited number were built, according to Worldwide Auctioneers, they weren’t show pieces. Each of the Deluxe Sedans were given to Allegheny executives, who clocked over 200,000 miles on each before they were retired in 1946.
One recent light started to shine through the stormy skies of 2020 this past weekend whenhad one of its best auctions in recent times. With 650 cars moved across the auction block during the July 2020 event, they landed with a sell through rate of 83-percent when it was all added up. For reference, this is a great rate for any auctions, and the pre-COVID world.
The bids weren't thin either, some of the top sales include a 2009 Rolls-Royce Phantom that sold for $115,000, a 1958 Chevrolet Impala that sold for $108,00, a 1959 Ford Galaxie that sold for $106,000, and a 1968 Ford Shelby and a 2020 Chevrolet Corvette that each sold for $100,000.
Auto enthusiasts of all walks should take these numbers as a beacon of hope. Even casual car collectors should see this as a positive sign, heck, anyone looking for a positive sign in any industry needs to pay attention. People are out there spending money and moving along with their lives.
As a personal note, and as someone who works in the industry, I want the takeaway from this article, and the results in general, is that adapting to overcome this current situation is the only choice. When the lockdowns began, Motorious saw auction houses and consignors immediately start to adjust the way they reached people to sell cars. This ambition should be applied to every aspect of this industry possible, even when it seems impossible.
We're looking forward to the next GAA Classic Cars auction that takes place on November 5-8. While we're holding onto the optimism that we will be able to attend in person, we're exciting to see this trend continue.
WWII-Era Dodge Command Car Is A Mean Power Wagon Restomod .
The Allies never had anything this cool! Custom vehicles come in all shapes and sizes, and you don't have to look any further than this 1941 Dodge Command Car for proof of that. With a vintage military body sitting atop late-model truck chassis, this custom creation is one serious restomod. The Dodge WC Command Car was a versatile vehicle used in World War II and later. To meet the needs of the military, this truck was built in a wide variety of body styles, and this four-door body might be the coolest of them all with its rounded door openings, two rows of seating and a removable top and doors.