Auction Etiquette

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Auction

Gooding and Company Monterey addition has many great cars on display, including Lamborghinis, Ferraris, Mercedes-Benzs, Bentleys, Porshces, and Maseratis. See which ones are our favorites.

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Most collector-car auction houses already offered absentee bidding options and live streaming auctions as part of regular operations, the safety and travel restrictions posed by COVID-19 spurred the industry to apply creative solutions. Learn more about Mecum, Gooding & Company, Bonhams and more are operating their summer auctions.

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Over the coming months, auction houses are hosting both online and live auctions. This includes Mecum, RM Sotheby’s, Gooding & Company, and Bonhams. The schedule is outlined here, with events in July and August.

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This year at Amelia Island, Bonhams will lift the gavel on nearly 120 collector cars spanning automotive history from the dawn of motoring to the mid-2010s, including vehicles from several noted collections. Industry experts selected their favorite cars of the group, including a Porsche, Aston Martin, Jaguar, and even a prewar Bugatti.

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We’ve learned a few things over the past 20 years about how to buy exotic, vintage and luxury cars, whether they’re new or previously owned. So we’ve created a 5-part series to pass that information along to serious car enthusiasts like you. Part 3 in our series tells you everything you need to know about buying and selling at auction.

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Celebrating its 25th anniversary, the Amelia Island Concours d’Elegance in Florida stands as one of the finest collector-car events in North America. This year, auction houses include RM Sotheby’s, Gooding & Company and Bonhams, plus plenty of events from the Concours D’Elegance and Porsche Club of America.

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In a few weeks at the Amelia Island Concours d’ Elegance, Gooding & Company’s auction will offer a 75,000-mile 1994 BMW 850CSi in the stunning shade Hellrot (German for light red). Pre-sale estimates put this car between $90,000-$110,000, approximately the same price as when the car was new.

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Six auction houses are featured, showcasing cars from 1924 to 1941. Marques such as Cadillac, Rolls-Royce, Duesenberg, Auburn, La Salle, Oldsmobile, Buick, and Hispano-Suiza are among the cars up for auction.

Chriswarrenisfeaturedguestontheweeklydriver

Learn firsthand the ins and outs of proper car auction etiquette from Premier Financial’s Southeast Regional Manager, Chris Warren, in his interview with The Weekly Driver.

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