Spring Raleigh Classic Car Auction
The Spring Raleigh Classic Car Auction swung into high gear early as heavy bidding emerged on a special 1981 Jeep CJ-7 Laredo that belonged to famous Indy Car driver Roger Mears. He was given this Jeep Laredo for winning the Baja 1000 race. When the hammer fell, the winning bid was $100,000. That was a great start to what turned out to be a big day here at the Raleigh Classic Car Auction, April 30-May 1, 2021 in Youngsville, North Carolina.
Classic Off-Road vehicles continue to capture high prices at these auctions. Although a 1993 Land Rover NAS Defender did not sell while it was on the auction block, a buyer pursued it through a post-auction sale. The sales price was recorded at $137,500. Technically, it was the top sale of the day.
Here are the results of the Saturday edition, with all the prime time offerings at the Raleigh Classic:
Cars-On-Line.com was on hand to report all the auction action. Our readers followed our commentary on our Facebook page on Saturday. You can still click here to review our “Auction Watching Party” on our Facebook page. There you can comment and ad to the conversation.
Over 300 high quality collector cars were sold at the Spring Raleigh Classic Car Auction, held at Michael Leith’s new Capitol Auto Auction facility. It is the perfect spot for holding this type of event. The brand new facility and the spacious seating layout makes for a very safe environment for a serious collector car auction.
Here is a list of the top cars we were watching from the Raleigh auction inventory with links to review history and photos of the vehicles.
A very interesting collection of rare American microcars was offered for sale at the Raleigh Classic Auction on Friday. The collection of rare cars includes some extraordinary examples of American Austin Bantams. They are part of the estate of Dr. Charles Love. Click here to read the press release on the Charles Love Collection sale as part of the Raleigh Classic Auction in April. There was also a notable selection of classic woody station wagons in the sale.
Our photo-jounalist, Bob Boberg of eClassicAutos.com did a short video preview of the auction cars on Thursday. Click the video window below to see what is in store for us here at the Raleigh Classic Car Auction.
The Raleigh Classic Car Auction has made its reputation on having a good assortment of highly original and low-mile cars, many coming from estate liquidations each year. They say over 70 percent of the vehicles listed in their brochure have low actual miles or are 100 percent original.
Cars-On-Line newsletter readers remember the Raleigh Classic as one of our favorite auction events. This collector car auction sale has the reputation of bringing in some of the most desirable collector cars in the country. This is a much revered auction sale with collectors from all over the Southeastern states congregated to buy quality collector vehicles. Many here are collector car dealers restocking their inventories. This auction is famous for some of the nicest low-mile collector cars available on market today.
The Spring Raleigh Classic Car Auction opened to a car hungry crowd of buyers on Friday. Car collectors were eagerly bidding on the top cars here in Youngsville, North Carolina on the first day of the sale, running April 30 to May 1, 2021. This is one of Cars-On-Line’s favorite auction venues because of the quality of cars they draw at this sale. With over 300 cars and trucks in the auction inventory, there were about 150 that went through on Friday.
Here are some of the top collector cars and trucks in the sale on Friday. We were told that the sell-through rate on Friday was over 90 percent:
Following the Barrett-Jackson Auction last month and the Carlisle Auction last weekend, the price action seems to indicate that collector car prices will be on the rise this spring. With the Raleigh Classic Auction now on the books we can see what collector cars will be going for post-Covid. Think of it as taking the market’s temperature (to use a medical analogy.)