Car Auction Price Comparison – 2019 Versus 2020

2020

Classic Cars

Here’s a look at average prices for selected Blue Chip collector cars between 2019 and 2020 based on sales results from several major auction companies. There may be expectations for other types of classic cars, but of the 22 vehicles in this study, the market trend was that car prices were almost entirely on the rise for 2020. This is somewhat of a surprise, considering the COVID-related challenges the hobby faced in 2020.

  2019 2020  
 
Average Price
Average Price
Price % Change in 2020
FORD
     
1957 Ford Thunderbird (D-Code) $ 55,000 $ 59,280 7%
1966 Shelby GT350 $155,095 $198,900 22%
1969 Mach 1 428 CJ (R Code) $ 70,440 $ 74,400 5%
1970 Boss 302 Mustang $ 68,090 $ 77,880 13%
1969 Boss 429 $214,940 $275,000 22%
2005 Ford GT $327,100 $327,600 <1%
       
CHEVROLET
     
1957 Bel Air Convertible $ 68,090 $ 76,010 10%
1963 Corvette Convertible $ 51,260 $ 62,920 19%
1969 Camaro Z/28 $ 73,260 $ 74,750 2%
1970 Chevelle LS6 454 Coupe $103,950 $109,420 5%
       
MOPAR
     
1969 Dodge Charger 440 R/T $ 67,250 $ 67,375 <1%
1970 Dodge Super Bee 440 $ 52,540 $ 58,280 10%
1970 Plymouth Cuda AAR $ 74,125 $ 92,040 19%
1970 Plymouth Superbird 440 $161,600 $164,533 2%
1970 Plymouth Road Runner 440 Coupe $ 54,450 $ 54,450 0%
1999 Plymouth Prowler $ 27,940 $ 27,620 (-1%)
       
PONTIAC
     
1965 Pontiac GTO (389 Tripower) $ 52,250 $ 54,950 5%
1970 Pontiac GTO Judge 400 $ 63,140 $ 68,800 8%
1977 Trans Am Bandit $ 46,775 $ 53,763 13%
       
BUICK
     
1970 Buick GSX $ 92,125 $110,000 16%
       
OLDSMOBILE
     
1970 Olds 442 W30 Coupe $ 90,910 $104,170 13%
1969 Hurst Olds $ 68,640 $ 68,640 0%
  • The selection of the above 22 vehicles was made to evaluate blue chip collectibles that are typically restored to high levels of originality with minimal differences in options (i.e. cars that are inherently alike).
  • Every effort was made to select similar vehicles for comparison, recognizing that many factors affect pricing.  In addition to year and model type, drivetrains and body type (i.e. coupe or convertible) were considered when selecting a particular vehicle.    Also, to the best extent possible, judging from the vehicle description and photo, only those considered to be “show quality” were utilized in this evaluation to avoid skewing the average price with different condition levels.  
  • Vehicles that have been customized or restomoded and those with a rarity factor were not included in this evaluation.
  • For each of the vehicles evaluated, an attempt was made to locate at least 4 auction sale prices in 2019 and separately in 2020. In most cases 5 prices  were located.   The prices listed above are an average of all sale prices located for that particular vehicle.    
  • Note that all prices include buyer’s commission which varies from 8 to 10% above the hammer price.
  •  Sales data was obtained from the following Auction Company: