Every year, millions of people tune into classic car auctions and watch them live on television. About 500,000 people also attend these events live. They want to see the auction action first-hand and mingle with celebrities. They also want to take a ride in the hottest vehicles from the top automakers of America. They also want to spend time browsing the Exhibitor Marketplace.
There are two locations for the Barrett-Jackson auction house. In addition to live auctions, the auction house also offers online bidding. To participate, prospective buyers must submit a Bidder Registration Application, a bank letter of guarantee, and proper identification. This includes a driver’s license or passport.
The auction house RM has grown steadily over the past few years. It has established a strong position in the global automotive auction industry and has built a stellar reputation for producing top-level classic car auctions. Its auctions are held in many locations throughout the U.S., with some being world-renowned, like the Amelia Island Concours d’Elegance in Florida. The auction house also expanded into Europe in 2007.
The RM Sotheby’s auction in Paris was successful, with over EUR16.5 million in sales. A diverse range of desirable automobiles was sold by enthusiastic bidders. The auction room was packed, and the enthusiasm was palpable. One lot in particular, the Poster Car Collection, fetched over EUR6.4 million.