Wednesday, 27 February 2013 13:53

Leake Auction Company Heats Up the Heartland

Written by  Auction News
1957 Chevrolet Nomad Station Wagon 1957 Chevrolet Nomad Station Wagon

The car collector market is heating up in the heartland.

Leake Auction Company racked up $5.6 million in sales -- with a sell-through rate of 75 percent -- at their Oklahoma City Auction on February 22-23.

A standing-room-only crowd at the Cox Pavilion on the Oklahoma City Fairgrounds saw a 1969 Chevrolet Yenko Camaro hit top-sale honors with a $190,000 hammer price. A 1936 Lincoln Model K Brunn sold for $130,000 and a 1957 Chevrolet Nomad brought $85,000.

A 2010 Ford Mustang Shelby GT500 Super Snake sold for $90,000.

A total of 292 of 390 lots sold.

“In 2012 we hit the tipping point in Oklahoma City. We needed more space to accommodate our growth,” said Richard Sevenoaks, president of Leake Auction Company. “This year we added a third building to showcase vehicles, which allowed us to add 100 more vehicles to the auction. We increased our total sales this year by $1.4 million. Next year we plan to expand even more. Oklahoma City continues to be a thriving collector car market.”

For more information, visit www.leakecar.com

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