Classic cars are everyone’s dream and many of these cars are being sold or bought during the auction that take place every year. It would be a dream come true when you would get the car you wanted at a reasonable price. So, if you are one of them then here is something that you need to know about them.
There are several different places where you would find these cars on sale. you can check the sales website, or visit any local stores or you can also sign up for a newsletter. But amongst all of them, one of the best ways is to pick up one at the car auctions that are regularly helpful in the US.
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What happens during this auction?
At a classic car auction, you would find different models or years of cars. You will also find these cars in different conditions that might require some repair or restoration. Whoever wants to buy has to pay an admission fee and can start bidding for the vehicle. There might be some fee that the auction company would take. On purchase, you would also have to pay some taxes or an extra fee for it.
Other than these prospective buyers, you would also find people who have just come to see the auction or to meet such enthusiastic people like you.
you may also see some exhibitors, announcers or some kind of entertainment people here.
Barret Jackson:
They have been conducting auctions for 50 years now. Here you will find the most desirable and beautiful cars in the world which are worth seeing.
There are various places where Barett Jackson hosts their auctions and they are:
- Scottsdale, Arizona
- Las Vegas, Nevada
- Palm Beach, Florida
- Mohegan Sun, Connecticut
If you want to apply for this auction, then there are certain requirements that you will have to meet. Also, there might be some forms to fill up and documents to submit.
Gooding and Company
This is a leading automotive auction company that can be seen with classic cars, antique and racing cars.
They held their auctions every year at:
- Amelia Island, Florida
- Scottsdale, Arizona
- Pebble Beach, California
If you want to bid, you can do it in the comfort of your home or by attending an auction. The registration process is very simple, but you would need to submit a bank letter of guarantee along with a driver’s license or a passport copy.
Bonhams:
This is the private international auction house. It was founded in 1973 and holds an auction for sales of both classic cars and motorcycles. They keep their auctions in London, Hongkong, New York, and Los Angeles. You will be lucky to see various classic cars in the world. To know it better, Elvis Presley had owned a car named Rolls Royce Phantom V which was sold by Bonhams.
If you wish to attend any such event, do a pre-booking online to avoid standing in line filling up the applications.
