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:

Rick Mears' 1981 Jeep CJ-7 Laredo was the top sale on Saturday
Given to Mears, an Indy Car Driver, for winning the Baja 1000 Off-Road Race
... sold for $100,000
Although this 1993 Land Rover NAS Defender did not sell on the auction stage ....
it was sold for $137,500 in a post-auction sale onsite
A 1969 Camaro Z/28 RS sold for $97,500 in a post-auction sale.
1959 Pontiac Bonneville Convertible was bid up to $135,000
Bidding on this 1968 Shelby GT500 reached $130,000
1958 Oldsmobile 98 J2 Hardtop sold for $88,500
1969 Jaguar E-Type Convertible sold for $73,500
1936 Ford Woody Wagon bid up to $85,000
1931 Ford Model A Station Wagon sold for $67,500
1950 Mercury Woody Wagon sold for $61,000
1951 Ford Country Squire Woody Wagon sold for $55,000
1946 Mercury Woody Wagon sold for $52,000
1938 Dodge Westchester Woody Suburban bid up to $39,000
1955 Chevrolet Bel Air Convertible bid up to $72,000
1960 Cadillac Series 60 was bid up to $71,000
1958 Oldsmobile 98 Convertible sold for $68,000
1967 Ford Fairlane GT Convertible sold for $64,500
1965 Buick GS Riviera sold for $64,000
1963 1/2 Ford Galaxie 500XL 427 Q Code sold for $57,000
1963 Chevrolet Impala Station Wagon sold for $53,000
1967 Chevelle SS 396 sold for $49,000
1958 Chevrolet Impala 2-Door Hardtop sold for $48,500
1970 Oldsmobile 442 W30 sold for $45,000
1933 Chrysler Royal 8 Business Coupe sold for $43,500
1947 Pontiac Fastback Custom sold for $47,500
1956 Ford Thunderbird was bid up to $47,500
1962 Cadillac Convertible sold for $39,500
1936 Ford Phaeton bid to $37,500
1976 Trans Am sold for $33,500
1967 Buick GS 400 Convertible sold for $32,000
1962 Thunderbird Roadster was bid up to $58K
1948 Chrysler Windsor Convertible sold for $25,000

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:

Top Sale of the Day on Friday at the Spring Raleigh Classic Auction ...
--- a 1969 Camaro Z/28 ...
... sold for $77,000
1979 10th Anniversary Trans Am with 6 actual miles, sold for $69K
1970 Z28 sold for $54,000
1971 GTO Sold for $35,500
1964 Olds Jetstar sold for $39,000
1969 Corvette sold for $31,000
1966 Shelby Cobra Replica sold for $29K
2007 Roush Mustang Convertible sold for $21,000
1976 Triumph TR6 sold for $23,500
1973 Mustang sold for $20,500
1988 Firebird GTA sold for $16,750
1946 Dodge stake truck - high big $35,000
1957 Studebaker Golden Hawk high bid $35,000
1940 Banatam Hollywood sold for $23K
1940 Austin Bantam Speedster sold for $16,750
1949 Willys Jeepter sold for $13,000 (2)

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.)

Raleigh Classic Car Auction

Spring Raleigh Classic Car Auction

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