Classic car enthusiasts know that the best way to find rare, well-maintained vintage automobiles is through exclusive auctions. Whether you’re a seasoned collector or a newcomer to the scene, 2024 is shaping up to be an exciting year for classic car auctions. From world-renowned events to online platforms, there are numerous ways to buy and sell vintage rides at competitive prices.
Top Classic Car Auctions in 2024
Here’s a list of the most prestigious and exciting classic car auctions taking place this year:
1. Barrett-Jackson (Scottsdale, AZ)
- Dates: January 20-28, 2024
- Why Attend? Barrett-Jackson is known as the “Super Bowl” of car auctions. With thousands of classic and collector cars crossing the auction block, it’s a prime destination for buyers and sellers.
- Notable Cars: Expect to see iconic American muscle cars, vintage Ferraris, and one-of-a-kind custom builds.
- Website: www.barrett-jackson.com
2. RM Sotheby’s (Monterey, CA)
- Dates: August 16-17, 2024
- Why Attend? RM Sotheby’s hosts high-end auctions featuring ultra-rare, investment-grade classics.
- Notable Cars: Historic European models, including Bugatti, Rolls-Royce, and Aston Martin.
- Website: www.rmsothebys.com
3. Mecum Auctions (Kissimmee, FL)
- Dates: January 2-14, 2024
- Why Attend? With over 3,000 vehicles auctioned, Mecum is a must-visit for muscle car lovers and collectors seeking diverse selections.
- Notable Cars: Classic Corvettes, Mustangs, and high-performance street rods.
- Website: www.mecum.com
4. Gooding & Company (Pebble Beach, CA)
- Dates: August 16-17, 2024
- Why Attend? This auction coincides with the famous Pebble Beach Concours d’Elegance, attracting elite collectors worldwide.
- Notable Cars: Pre-war classics, rare exotics, and pristine vintage race cars.
- Website: www.goodingco.com
5. Bonhams (Amelia Island, FL)
- Dates: March 3, 2024
- Why Attend? Bonhams specializes in highly curated, historically significant automobiles.
- Notable Cars: European classics, British roadsters, and limited-production models.
- Website: www.bonhams.com
Tips for Buying and Selling at Classic Car Auctions
For Buyers:
- Set a Budget: Know your maximum bid and stick to it.
- Research the Vehicle: Verify the car’s history, condition, and authenticity.
- Understand Fees: Auctions often have buyer premiums, so factor that into your budget.
- Attend the Preview: Seeing the car in person can help confirm its condition and value.
For Sellers:
- Choose the Right Auction: Different auctions cater to different types of vehicles.
- Prepare the Car: Ensure it’s in top condition and provide complete documentation.
- Set a Reserve Price: Protect your investment by setting a minimum sale price.
- Market Your Car: Use social media and collector forums to generate buzz before the auction.
Why Classic Car Auctions Are a Smart Investment
Classic car values have been rising, making them not just collector’s items but also solid financial investments. According to industry analysts, vehicles from the 1960s and 1970s have seen significant appreciation in value, with some models appreciating by over 300% in the past decade. Attending the right auction can lead to significant returns.
