The winners of the auctions have 72 hours to get their vehicles paid for and off the premises.
It was now time to go back inside to get some lunch. Several vendors were serving food and you could get anything from pizza to hot dogs to BBQ to salads and the list goes on. Need I tell you it was expensive? Three dollars for a bottle of coke!!!!
Time to go into the auction. We were allowed to sit on the bleachers but not allowed to sit on the chairs inside the chained off area. That was for bidders and we definitely weren't bidding!
I've heard auctioneers before but none that spoke as fast as these guys! It was just amazing. Each vehicle took just a few minutes from the time they made it to the stage to the time it was bid on, sold and driven off the other end. They auction off 200 cars each day.
The highest price we saw while we were there was $100,000.00 for a 56 Chevy.
In addition to paying the bidder registration each winning bidder had to pay 8% of the sale price to Barrett Jackson. Each seller had to pay 7% so Barrett Jackson was bringing in a pretty penny to say the least! The 2007 auction in Scottsdale brought in over seven million dollars worth of vehicles sold.
What a day it was! We are so glad we went to see this auction.