Chairman and CEO Barrett Jackson
Our bidders are as diverse as our docket – from pre-war classics to muscle cars. And 35 per cent of bidders at our Scottsdale sale were new, which we’re happy to see, especially from the younger generation. Probably due to them we’re seeing the sub-$100,000 sector increase – the Mustangs and other cars from their youth. And SUVs – we really started taking note last April after a Chevy Blazer sold for $220,000. I believe our ‘no reserve’ policy tends to bring more money, as buyers like knowing that every car is truly for sale. Blue-chip cars tend to be counter-cyclical, with increased demand when the economy isn’t performing so well. But we’re off to a good start.