Re: Auction results
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The Arizona Republic printed the results reported by the auction companies today.
Barrett-Jackson 63 million, down 28%
Gooding & Co. 32.4 million, up 54%
RM Auctions 18.2 million, down 32%
Russo & Steele 17.1 million, down 14.5%
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Question: are those more indicative of the economy, or more indicative of the cars that were there...?
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If my calculator is working, combining all four auctions sales were off $24.6M or 15.8%. That doesn't address the value per car sold in any way, just the total spent at these auctions year over year.
FWIW
-Sam
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