GAA Classic Cars Auction Spring 2021
GAA Classic Cars kicked off their 2021 auction season showcasing 600 lots at “The Palace,” the fully-enclosed, climate-controlled facility in Greensboro, NC. Only a limited number of cars were sent to the “Deal Doctor,” a term for the place that vehicles go that do not sell and remain on the market. In fact, the final sell-through rate was 93%, which was a major sales success and is continued proof that the classic car market remains strong. Here’s a summary of what we saw during the three-day sale.
Top Five Sales
The top five sales of the auction included late-model supercars, a high-performance classic Corvette, and a classic Mopar convertible.
|2017 Ford GT (Heritage Edition)||$970,000|
|1956 Cadillac Eldorado||$205,000|
|2017 Acura NSX||$195,000|
|1959 Dodge Custom Royal Super D500||$175,000|
|1967 Corvette Coupe L79||$170,000|
Pop culture is often connected to classic cars. This auction included several historically significant vehicles, along with some very interesting highly sought-after collectibles. Headliners of the event were a 1967 GMC pickup, originally owned by Elvis Presley; a restored 1960 Corvette, purchased by Tim McGraw as a birthday gift for his wife, Faith Hill; Indy 500 official edition race vehicles; and a 1965 Mustang 427 SOHC drag car. A high-end custom 1957 Chevy Nomad and a rare 1953 Cadillac Eldorado Convertible were also included in this special group.
The ’59 Mopar Fin Collection
Someone had a love affair with Chrysler models in 1959 and collected a stellar group of these big fin cars. A total of 10 of these beauties were offered at the auction, which included multiple Dodges, a DeSoto, a Chrysler 300, an Imperial, and even a Dodge truck. There were more fins here than in a Jimmy Buffet song
The classic truck market remains red hot. Both original and custom builds are in high demand. Here are a few of the haulers that revved up the bidding.
More Eye-Catching Cars
If you missed this auction, the next GAA Classic Cars event is only a couple of months away in April.
Note: All prices in this article are hammer prices for sold vehicles.