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20 Collector Cars Sold for $180 Million in 2017

AutoNXT Logo By Mike Meredith of AutoNXT | Slide 1 of 22: Collector car sales at public auctions in North America remained strong in 2017, with total sales of $1.28 billion and a sale price of $4.5 million needed to crack the top 20 highest priced cars. “Although gross numbers fell by 2 percent to $1.28 billion, fewer cars were offered and the average sale price was up by 2 percent,” said Brian Rabold, vice president of valuation at Hagerty, publisher of the Hagerty Price Guide and the world’s largest insurer of collector vehicles. Auction sales hit a record high of $1.45 billion in 2015 before dropping off in 2016, although average sale prices have continued to increase.

Sales Strong in 2017

Collector car sales at public auctions in North America remained strong in 2017, with total sales of $1.28 billion and a sale price of $4.5 million needed to crack the top 20 highest priced cars. “Although gross numbers fell by 2 percent to $1.28 billion, fewer cars were offered and the average sale price was up by 2 percent,” said Brian Rabold, vice president of valuation at Hagerty, publisher of the Hagerty Price Guide and the world’s largest insurer of collector vehicles. Auction sales hit a record high of $1.45 billion in 2015 before dropping off in 2016, although average sale prices have continued to increase.
© Rod Hatfield

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