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Classics: GAA Classic Cars Auction Reports 91-Percent Sell-Through Rate

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The GAA July auction has just wrapped up, and the results continue to blow us away! There has been a lot of talk surrounding the now famous GAA Classic Cars vehicle auction house, their precedence for excellence and high yields for beautiful cars has allowed them to boost to the top of the automotive auction industry in a relatively short amount of time. Years of exponential growth thus far have just afforded them a record-breaking performance at their last two spring auctions , and they have just reported an impressive 91 - percent sell - through rate - up even more from last year's July auction .

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The GAA July auction has just wrapped up, and the results continue to blow us away!

There has been a lot of talk surrounding the now famous GAA Classic Cars vehicle auction house, their precedence for excellence and high yields for beautiful cars has allowed them to boost to the top of the automotive auction industry in a relatively short amount of time. Years of exponential growth thus far have just afforded them a record-breaking performance at their last two spring auctions, and they have just reported an impressive 91-percent sell-through rate - up even more from last year's July auction.

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With 650 cars moved across the auction block during the July 2020 event, they landed with a sell through rate of 83- percent when it was all added up. For reference, this is a great rate for any auctions , and the pre-COVID world. The bids weren't thin either, some of the top sales include a 2009 Rolls-Royce Phantom that sold for 5,000, a 1958 We're looking forward to the next GAA Classic Cars auction that takes place on November 5-8. While we're holding onto the optimism that we will be able to attend in person, we're exciting to see this trend continue. Sign up for the Motorious Newsletter.

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The July auction featured a No Reserve Collection from the former owner of the Charlotte Hornets,  George Shinn. The George Shinn collection consists of a mix of vehicles like a 2013 Porsche 911 Carrera S and a 1970 Mercedes 280SL to several outstanding Ford Galaxies, Bel Airs, and Mustangs.
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Part of Mr. Shinn’s collection featured a bright orange custom ’51 Ford Crown Victoria which George donated to Olympic champion Scott Hamilton’s charity, The Scott Hamilton CARES Foundation for cancer research. This vehicle sold for $55,000. In addition to this donation, GAACC bidders donated  $60,000 for a total of $115,000 for cancer research!
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A few noteworthy lots include the custom ‘58 Corvette Resto-Mod built by Jeff Hayes of American Speed  Shop. It sold for $190,000 and will head across the globe to its new Arabian home. A very popular ‘70s  Chevelle SS 454 sold on Saturday for $250,000 and the low riding ’72 customized Blazer from Street Outlaw’s Shawn Ellington’s shop brought $80,000.
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We're looking forward to the next GAA Classic Cars auction that takes place on November 4-6, where we'll be excited to see this trend continue.

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Source: GAA Classic Cars Auction

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Ford Mustang Mach-E commemorates WWII Women Airforce Service Pilots (WASP) were a group of female airplane pilots who flew warplanes, typically delivering them from factories to U.S. bases between 1942 and 1944. The all-volunteer force numbered just over 1,100. The pilots flew all types of planes, including B-26 and B-29 bombers. Of the total, 38 died in service to their country, but they were not considered military personnel. The WASPs were granted military status retroactively in 1977. And the pilots were collectively awarded the Congressional Gold Medal in 2010.

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