Auction season is running at full speed going into Monterey Car Week this August 11-20. (Yes, a 10-day week!) Five major auctions will take place there, drawing buyers and sellers from around the world. Plan to be there? Whether you’re looking for your next dream car or planning to sell one from your collection, it pays to be prepared. Premier Financial Services has put together a quick refresher course with insights from auction and sales pros offering advice on finding the car you want and bringing it home.
There’s always a crop of newcomers and those reluctant to participate, lacking a clear understanding of the protocol and unwritten etiquette involved in serious car auctions. We asked a group of the world’s most experienced car auction participants for insider tips to avoid making rookie mistakes at a car auction.
Wayne Carini has a lifetime of experience in automobile restoration, and has worked on rare car collections owned by Letterman, Lendl and DuPont. He’s been featured in the New York Times and automobile magazines. For the past decade, Wayne has hosted the highly acclaimed Chasing Classic Cars on the Velocity Channel.
I had owned a 1967 Mercedes-Benz 230SL shortly after graduating college and loved that car for its purely mechanical appeal. The younger 230 SLK had so much of the same DNA it was remarkable. It felt like a modern roadster, yet was unmistakably Mercedes.