Thursday, 07 February 2013 10:04

Up, Up, Up: 2012 and 2013 Arizona and Florida Sales Comparison

Written by 

The six Arizona auctions totaled $225.4m this year. That’s $40.7m more than last year’s $184.7m, for growth of more than 22%. Interestingly, the total number of cars consigned and sold has fluctuated by fewer than 100 cars in the past three years. 2,688 cars crossed the auction block this time around (compared with 2,694 in 2012 and 2,777 in 2011), and 2,263 went home to new garages — just 42 more than sold in 2011. This equates to an increase in average price per car: $72k in 2011, $85k in 2012, and $100k this time around. Add in Mecum’s massive $70.7m Kissimmee auction with 1806 cars sold of 2,423 offered, and that’s over $296m worth of car sales in two weeks.

Corvette sales were up overall in Arizona and Florida as well. A total of 460 ’Vettes averaged $72,643 in 2013 compared with a $68,686 average from 417 cars in 2012. Barrett-Jackson sold 21 more than 2012 for an additional $3.6m. Mecum also showed a significant increase for America’s sports car with an increase of 27 cars and $3.3m from last year to the current one.

Auction

2012 Totals

2013 Totals

2012 Corvettes

2013 Corvettes

Barrett-Jackson – Scottsdale

1288/1291 99.77% $90,423,400

1331/1335 99.7% $102,320,190

102 sold $9,133,000

123 sold $12,709,850

Silver – Fort McDowell

158/270 59% $2,686,398

213/351 61% $3,010,068

10 sold $160,758

17 sold $318,006

RM – Phoenix

126/140 90% $25,660,400

75/84 89% $36,415,800

4 sold $1,134,500

0 sold

Russo and Steele – Scottsdale

411/655 63% $19,085,045

451/701 64% $17,744,110

42 sold $3,243,800

34 sold $1,666,500

Gooding – Scottsdale

116/118 98% $39,643,900

101/105 96% $52,492,450

4 sold $645,700

3 sold $1,014,750

Bonhams – Scottsdale

46/67 69% $6,852,259

92/112 82% $13,455,950

1 sold $105,300

2 sold $138,000

AZ Totals

2183/2694 81% $184,729,995

2263/2688 84% $225,438,568

163 sold $14,423,058

179 sold $15,847,106

Mecum - Kissimmee

1546/2243 69% $58,549,174

1806/2423 74% $70,726,118

254 sold $14,219,126

281 sold $17,569,036

AZ & FL Totals

3729/4937 76% $243,279,169

4069/5111 80% $296,164,686

417 sold $28,642,184

460 sold $33,416,142


Read 1090 times