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McCormick car auction tops $6 million in sales
This Story expires on: Friday Dec. 01, 2017


Keith McCormick’s latest three-day collector car auction totaled $6,121,553 in sales, putting it in the top ten list for sales in the 31-year history under sunny skies in Palm Springs. 

Sales for November 17-19 auction gained nearly $100,000 from the November auction a year ago and increased almost $500,000 from the auction in February 2017.

Packards led the pack in highest earners with a 1929 Phaeton selling for $154,875 followed by a 1936 Packard LeBaron V12 at $89,250.

A 1964 Porsche 356 garnered $87,150 and a 1956 Chevrolet Corvette sold for $80,850. Jason McCormick, manager, said sales revenue peaked at $7.7 million in 2014, then trended downward for a few years and is now rebounding. “We have turned the corner with the last two auctions,” he said. Cars from the 1970’s and 80’s are growing in demand.

 

 

The next auction in the twice-a-year series is scheduled for February 2018.

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