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.
The going rate for a Ford GT is about $1.2M-$1.5M, or nearly three times the GT’s original $447,000 MSRP (before options). Barrett-Jackson’s top sale in Scottsdale was $1.485M for a 2017 GT with just 141 miles. A ’17 Ford GT in ’66 Heritage livery was the top sale at Barrett-Jackson’s Las Vegas auction in October 2019. It sold for $1.54M.
According to Hagerty’s tally, the sales total of $247.8 million in Scottsdale was down 5 percent from 2017. The highest sale of the week was $8,085,000 for a one-of-a-kind 1965 Ferrari 275 GTB built by Pininfarina. Premier previewed five of the Scottsdale 2018 auction cars in depth before the auctions. Here’s a look at the results.