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As of 2018, there were 139 used car-auction sites in the US open only to car dealers. [7] There are also auctions that are open to the public in a few states like New Hampshire and Pennsylvania . [ 8 ]
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 percent of the roughly 12,000 ...
An example would be the Ferrari 330 TRI/LM Spider that was sold for $9.25 million in 2007, which was the 1962 winner of the 24 hours classic. [16] Note that sportscar racers makes up the majority of competition cars on the main list. A car associated with a famous person adds value to its price. [17] Examples are:
Chasing Classic Cars is a US television documentary series presented by Wayne Carini [1] of F-40 Motorsports [2] and produced by Clint Stinchcomb. [3] It looks at classic cars from all eras, focusing on finding and getting cars running, with the option of restoration and a likely sale.
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.
Now the site did notch several huge sales, with a “virtual” hammer price of $2.89 million for a 2014 Pagani Huayra, $2.5 million for 1967 Porsche 910, and $1.79 million for a 2020 Ford GT.
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.
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