Bronco sale snags new record during Barrett-Jackson Online Only auction

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edited July 22 in Cars Motorcycles

In keeping with the Bronco frenzy as Ford releases the new model, a custom 1976 Bronco set a world record price at Barrett-Jackson’s most-recent online collector car auction, reaching $195,250, including auction fee.

The Online Only July 2020 Auction reached
total sales of $3.1 million, with about $3 million for the 50 vehicles sold and
$115,000 for 155 pieces of automobilia. This was Barrett-Jackson’s second
Online Only auction held in conjunction with the company’s usual energetic live
auctions because of the coronavirus pandemic.

The Bronco was a very special custom SEMA build, according to the auction catalog, fully upgraded with performance and off-roading gear, a deluxe interior and knockout bodywork and paint.

barrett-Jackson
The custom 1966 Corvette was another strong seller

The custom Bronco was the third-highest seller
at the sale, which was led by the sale of a 2005 Ford GT that went for
$275,000, followed by a custom 1966 Corvette convertible at $198,000.

Although Barrett-Jackson’s annual live
auctions are overwhelmingly no reserve sales, the Online Only auction was about
one quarter no reserve, with the rest of the vehicles carrying minimum-price reserves.  The auction reports that the no-reserve
offerings did well, with a high volume of bidding and achieving more than 100
percent of their combined expected values.

“We’re so appreciative of our many consignors and bidders, who embraced our second Online Only auction this year,” said Craig Jackson, chairman and CEO of Barrett-Jackson. “Following the pattern at our live location events, Barrett-Jackson bidders responded well to the no reserve vehicles, which is why we continue to set world auction sales records and consign vehicles that outperform expectations.

“Our online auctions give people immense
flexibility to bid on collector cars and automobilia of their dreams,” Jackson
added. “As we apply the lessons learned from each of these digital events, they
continue to evolve and grow with the hobby. While everyone looks forward to our
next in-person live auction, the strong response to our online auctions
demonstrates the resiliency of the hobby and the trust the public has in
Barrett-Jackson.”

The top vehicles sold during the Online Only auction were:

  1. 2005
    Ford GT – $275,000
  2. 1966
    Chevrolet Corvette custom convertible – $198,000
  3. 1976
    Ford Bronco custom SUV – $195,250
  4. 2006
    Ferrari F430 – $181,500
  5. 1966
    Ford Mustang custom convertible – $140,250

    1967 Ford Mustang Eleanor Tribute Edition – $140,250
  6. 2018
    Dodge Challenger SRT Demon – $126,500
  7. 2001
    Ferrari 456M GT – $110,000
  8. 2010
    Ferrari California convertible– 107,800
  9. 1967
    Chevrolet Corvette 427/435 convertible – $99,000
  10. 1969
    Ford Bronco Custom SUV – $82,500

The top-selling pieces of automobilia were:

  1. 1935
    Texaco Oil Fire Chief Gasoline Bennett Model #76 gas pump – $6,037.50
  2. 1930s
    United Motors Service neon porcelain sign – $5,405

    1930s Walter’s Beer neon porcelain sign – $5,405
  3. Circa
    1940s Pontiac Automobiles Service porcelain sign – $4,830

    1930s-40s Packard Approved Service porcelain sign – $4,830
  4. Late
    1940s-50s Gulf Oil G&B Gas Calcometer gas pump – $4,600
  5. Late
    Wayne Model #80 gas pump in Ferrari regalia – $4,370

Barrett-Jackson has scheduled its next live auction in Las Vegas for September 10-12, and the rescheduled Palm Beach auction is set for October 15-17.  For more information, visit the auction website.

The post Bronco sale snags new record during Barrett-Jackson Online Only auction appeared first on ClassicCars.com Journal.

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