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There are also auctions that are open to the public in a few states like New Hampshire and Pennsylvania. [8] These auctions are a primary outlet for financial services firms to dispose of their large volume of off- lease returns, for rental and other companies to sell off their aging fleets and for car dealerships to dump trade-ins or other ...
They initially launched a car show, Fiesta de los Autos Elegantes, in 1967 to raise money for local facilities. The first Barrett-Jackson auction, originally meant as a one-time event, was held in December 1971. Due to its success, it became an annual event, eventually prompting the creation of other collector car auctions in the Scottsdale area.
Now the broader classic car market, one of the largest alternative asset markets in the world, is still a little soft, Hagerty said. This follows a 3% decline in sales during Monterey Car Week ...
Sitting Still or Going Fast. Despite getting a brighter spotlight, race cars make up a small percentage of classic-car sales. The collector-car insurer Hagerty expects racers to make up about 0.5 ...
Robert Clifton "Rabbit" Pitts (July 27, 1979 – August 25, 2024) was an American businessman, television personality, and classic car enthusiast. He was best known for co-starring in the Netflix series Tex-Mex Motors, and his storytelling on the YouTube channel VINwiki. He died at the age of 45 after being diagnosed with stomach cancer.
Look no further than the Monterey-Pebble Beach Car Week in August, where total classic car sales reached $469 million, Yahoo Finance reported — a gain of more than one-third from the previous year.
Hemmings Motor News is a monthly magazine catering to traders and collectors of antique, classic, and exotic sports cars.It is the largest and oldest publication of its type in the United States, with sales of 215,000 copies per month, and is best known for its large classified advertising sections.
(The Center Square) – Business owners from historically disadvantaged communities in Pennsylvania will soon have access to special grants meant to assist with start-up and expansion costs. For ...