Article from Classic Auction Review.
Market analyst Richard Hudson-Evans reports on a year of seismic change, with most event-located auctions shut down by regulations, but £155.68m still spent on more than 5,000 classics at UK auctions reviewed on this website, £22.84m more than in 2019. But as YouTube became the petrol-head channel of choice, more auction cars were bought by absentee bidders on telephones and keyboards than ever before. While the national sale rate was 71% in 2020, up by 5% on 2019.
Classic Car Auctions (CCA) completed 2020 with another standout auction which saw 89% of the cars sell, equating to £2.3million in sales.
Classic Car Auctions (CCA) are preparing for their final sale of 2020, The December Live Online Auction. Taking place on Saturday 12 December in the same format that CCA have successful practised, and achieved great results with, all year.
Classic Car Auctions September Live Online Auction was a huge success, with 87% of the cars selling and £3.2million in sales.
This weekend Classic Car Auctions (CCA) will host their two-day September Live Online Auction. 234 classics will cross the block on Friday 18th and Saturday 19th and whilst the auction will be closed, it will be live streamed online and bidding will be available online, on the phone of via commission (pre-bid).
Classic Car Auctions next sale will take place over two days, Friday 18th and Saturday 19th September, as a Live Online Auction.
Day one is made up of The Warwickshire Collection Part II, 89 eclectic classics which span a range of decades and marques.
Following the success of their June Live Online Auction, which saw a phenomenal 90% sales rate, Classic Car Auctions (CCA) are now inviting entries for their next sale.
Classic Car Auctions June catalogue is starting to take shape with sporty moderns and classics as well as some very desirable high-performance convertibles and tourers already consigned.