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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 ]
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.
Yenko Chevrolet was a Chevrolet dealership located at 575 West Pike Street in Canonsburg, Pennsylvania. Operating from 1949 to 1982, the dealership is best known for selling customized sports cars during the late 1960s. Referred to presently as "Yenkos," they are among the most collectible 1960s vehicles.
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.
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:
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 ...
Kelsey responded by launching its own weekly competitor, Classic Car Buyer. The newspaper's average reader owns two classic cars, but also aims to be the first port of call for traders and private owners looking to buy or sell classic cars, and is also used for the latest information about the classic car market and for details of classic cars. [2]
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