Barrett-Jackson Auction Rakes in More Than $68 Million
The numbers are in, and the torrential weather seems to have had little effect on the posh Barrett-Jackson luxury car auction in Scottsdale last week -- the cars drew some serious coin.
The company announced today that, in total, the auction brought in about $68 million in one week, an 11 percent increase from last year's event.
Some of the auctions biggest hits were a 1964 Shelby Cobra Roadster, which went for $478,500, a 1963 Shelby Cobra Roadster, which brought in $401,000, and a 1935 Cadillac Fleetwood Imperial convertible, which went for a $302,000.
Oh, how the other half lives.
"Barrett-Jackson remains the heartbeat and bellwether of car collecting," gushes Barrett-Jackson President Steve Davis.
The most expensive item, however, wasn't a car at all but a 1929 Hamilton Metalplane that sold for $671,000.
From the looks of the vintage plane, we're not sure if it can get off the ground, but at $671,000, it would look great on some rich guy's lawn.
There had been concern that the weather would be a factor in the auction's success, after the Valley got crushed with a wet winter storm, but the event seemed to go on without a hitch.
"Even with the worst weather the Phoenix area has seen in decades, buyers, sellers, and visitors from across the country enjoyed another incredible Scottsdale event," says Barrett-Jackson CEO, Craig Jackson.
Get the ICYMI: Today's Top Stories Newsletter Our daily newsletter delivers quick clicks to keep you in the know
Catch up on the day's news and stay informed with our daily digest of the most popular news, music, food and arts stories in Phoenix, delivered to your inbox Monday through Friday.