“It's good to have money and the things that money can buy, but it's good, too, to check up once in a while and make sure that you haven't lost the things that money can't buy.” G. Lorimer .

Scottsdale’s Car Auctions Headed for a Record this Year

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The weather has supported the Scottsdale events this year and the number of visitors has shot up to create new records. The collector-car auctions sales are also on the way to creating new records. The sales till Saturday evening had topped $116 million even before bidders competed for some of Barrett-Jackson’s most valuable cars. A 2006 Ferrari FXX Evoluzione is tipped to be the top selling car of the week.
The Ferrari is a 860 horsepower race car that was auctioned on Friday and fetched a price of $2.09 million at the Gooding and Co. auction after some vigorous bidding. RM Auctions were also excited about the action at their auctions that saw record sales of $30.8 million with the top seller being a 1949 Ferrari 166 MM Touring Barchetta that sold for $1.87 million.
The event has given a very good beginning to the collector-car sales and the year should be good for the hobby. Gooding sold all 72 of its cars on Saturday itself. Barrett-Jackson, the largest event with 1,300 cars is headed for a new record as it has reported huge gains in attendance. There are several cars at the event that has some history attached to it. The events success is a good sign and indicates that the rich are willing, once more to spend the big bucks.

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