Auto Auctions in Arizona
 

Last week was auction week in Arizona, after Christmas toy sale for rich boys.

Arizona Auction Week through Saturday
Total sales: $239.4 million
2,417/3,020 lots sold: 80 percent sell-through rate
Average sale price: $99,050

2018 through Saturday
Total sales: $240.6 million
2429/2917 lots sold: 83 percent sell-through rate
Average sale price: $99,053

BARRETT-JACKSON
Total sales: $119.0 million
1,628/1,629 lots sold: 99.9 percent sell-through rate
Average sale price: $73,086

GOODING & COMPANY
Total sales: $47.5 million
104/124 lots sold: 84 percent sell-through rate
Average sale price: $456,905

RM SOTHEBY’S
Total sales: $34.8 million
127/154 lots sold: 82 percent sell-through rate
Average sale price: $273,710

BONHAMS
Total sales: $15.5 million
107/120 lots sold: 89 percent sell-through rate
Average sale price: $144,762

RUSSO AND STEELE
Total sales: $11.1 million
258/536 lots sold: 48 percent sell-through rate
Average sale price: $42,956

WORLDWIDE AUCTIONEERS
Total sales: $9.1 million
54/73 lots sold: 74 percent sell-through rate
Average sale price: $168,260

SILVER AUCTIONS ARIZONA
Total sales: $2.5 million
139/384 lots sold: 36 percent sell-through rate
Average sale price: $17,861

“Resto-mods continue to be in high demand by younger buyers seeking something unique,” said Hagerty Marketplace editor Colin Comer, who added that the cars also appeal to “older buyers who want the look of something from the past with modern driving conveniences.”

Who's the one jerk off that ruined Barrett Jackson's perfect closing ratio?

They clearly have an effective process for convincing sellers to lower their reserve and probably post block sales as well. I wonder if they have an internal finance department to facilitate indirect auto loans for non cash buyers.

If they don't, they should.... Lemme look...

They do.

https://www.woodsidecredit.com/barrett-jackson/

A number of the cars crossing the block on TV don't meet reserve, but are sold in deals made out back off camera afterward. Some of them are also bought by B-J and will show up at their next venue.

Rich, white boys?
That show entertains for a few minutes.

B-J is lily white from what I've seen, but a little more color at some others.
Then again people of color smart enough to accumulate that kind of money are too smart to piss it away on toys. :haha: