Collecting
Nine Ways You’re Selling Your Used Car All Wrong
When it comes to selling classic cars, even one infraction could cost you thousands of dollars in profit.
The highly collectible Ferrari 275 GTB.
Photographer: Brian Henniker, courtesy of Gooding & Co.
Earlier this month, $244.1 million worth of cars sold at the auctions held annually in Scottsdale, Ariz.
A total of 574 additional vehicles changed hands during the 10-day event, for 2,994 lots total, including the original Ferrari 275 GTB prototype and the top-priced, $3.2 million 1995 Ferrari F50 sold by Gooding & Co. The week’s biggest lesson, according to the final analysis report by Hagerty.com, was that rare, finely presented cars sold well while bidders tended to pass, as you might expect, on common vehicles with visible needs.