June 17, 2024

Linkage Mag

Geared for the Automotive Life

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Barrett-Jackson Totals $190.6m in Arizona

If, like me, you’ve been glued to Barrett-Jackson on television over the past few days, you’re not going to be surprised to hear that the company scored a massive number of records in Scottsdale this year. 

According to the company’s press release about Arizona, among the prices this year were over 200 world auction records, along with a $190.6m total sales figure.

From where I sat, prices seemed to be elevated on just about everything — but particularly when it came to rare muscle, Resto-Mods and trucks/SUVs. In addition to that, some newer segments saw strong numbers as well, including the Supra market, which I covered in the Future Collectibles seminar on Tuesday. Of the five Supras on offer, the most expensive of the bunch was twin-turbo six-speed at $187,000. Other than the Fast and Furious movie car that sold for over a half-mil two years back, the most recent high water mark was just over $120k.

Oncoming boost: 4th Gen Supra Turbo
1972 Blazer, sold at $440k

As for the truck and SUV market, the news also came in six-figure exclamations. Two first-gen Blazers stood out in what seemed like a sea of $100k sales: The first was a custom ’72 with LS power at $247,500, and the second was another high-end LS-powered build with a sale price of $440,000.

And of course, rare muscle did well, too, including a 1969 Camaro ZL1 at $770,000, and the ’65 Group II Shelby Mustang built for Ken Miles, which also sold for the same price.

1969 ZL1 Camaro

The high sale of the event went to the Nardo Gray 1989 Ferrari F40 at $2,750,000.

In total, $184.2m came from 1,907 cars, with a further $1.89m for charity lots. The average price per sold vehicle was over $96,000, and more than 1,100 pieces of automobila sold for over $6.41m. Over 300,000 people walked through the gates over the nine-day auction event. 

“Barrett-Jackson continues to electrify the collector car hobby with our true automotive lifestyle events,” said Craig Jackson, chairman and CEO of Barrett-Jackson. “We saw a spectacular docket bring incredible sales and set more than 200 world auction records. We also welcomed a record number of enthusiasts to WestWorld, setting the tone for an exciting event season in Arizona. I am especially proud of the additional funds and awareness we built for several deserving charities as we surpassed the $150 million mark raised to date.”

Learn more here.