Barrett-Jackson delivered an action-packed auction during the Annual Hot August Nights Auction in Reno Tahoe, Nevada, Aug. 6-8.
Barrett-Jackson’s Reno Tahoe auction included the sale of 232 vehicles and over 400 collectible automobilia pieces totaling more than $9.5 million in sales (unaudited) at an astonishing 100 percent sell-through rate, according to the company.
Barrett-Jackson also shattered automobilia records with a 36-percent increase in sales over 2014. Guests filled the auction arena peaking attendance at over 40,000 and surpassing the Reno-Tahoe record for single-day attendance on Friday (Aug. 7). In addition, the eclectic docket of collector cars attracted the most bidders in the Hot August Night Auction’s three-year history, according to Barrett-Jackson.
“In traditional Barrett-Jackson style, we crushed records on every level during our Hot August Nights auction,” said Craig Jackson, chairman and CEO of Barrett-Jackson. “Not only did we have a 100-percent sell through rate with more than $9.5 million in sales, but our attendance was up, shattering our single-day record in our three-year history in Reno. It’s clear that this week’s auction success is further evidence that Barrett-Jackson remains at the forefront of the American collector car market.”
The top five vehicles sold during the Reno auction include:
- 1967 Chevrolet Corvette 427 Convertible – $214,5000
- 1932 Ford B-400 Custom Boyd Convertible – $181,500
- 1970 Ford Mustang Boss 302 Fastback – $154,000
- 1955 Chevrolet Nomad Custom Wagon – $154,000
- 1934 Ford Model A Custom Roadster – $148,500
Included in the auction excitement was the third annual Barrett-Jackson Cup competition, offering more than $100,000 in cash in prizes.
“The Barrett-Jackson Cup has cemented its importance in custom car building history,” said Steve Davis, president of Barrett-Jackson. “In just three short years, it has become the pinnacle of respect for the hard work and effort that goes into building these tremendous custom vehicles. We also helped some incredible charitable organizations. I’m grateful that our generous bidders have joined us in making a difference in the lives of countless veterans and youth in our country.”
Barrett-Jackson continued its dedication to organizations that support charitable endeavors and the men and women who have bravely served our country. With five charity lots, Barrett-Jackson raised over $400,000 for deserving organizations including Special Operations Warrior Foundation, Ride 2 Recovery, The Foundation for Exceptional Warriors, High Fives Non-Profit Foundation and Transforming Youth Recovery.
“With an incredible 2015 Reno Tahoe auction already behind us, our sights are focused on growing our momentum for our eight annual Las Vegas Auction in September,” Jackson said. “We’re building an exciting docket of vehicles, planning an incredible gala and preparing for another record auction.”