GAA Classic Cars Auction Spring 2021

February, 2021

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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

Specialty Lots

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

Trucks

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.