Car auction at Mohegan Sun drives away with $24.3M in sales

More than 70,000 people attended; top-priced vehicle was 2017 Ferrari for $434,500

Mohegan — Barrett-Jackson’s 2nd Annual Northeast Auction generated $23.5 million in sales of collector cars last week at Mohegan Sun, the Scottsdale, Ariz.-based auction company announced Monday.

Some 630 vehicles — 96 percent of those up for sale — were sold in bidding Thursday, Friday and Saturday. In addition, 685 pieces of automobilia — automobile-related collectibles — sold for more than $819,000, bringing total sales for the four-day event that began Wednesday to more than $24.3 million.

About 72,000 people attended the auction, according to Barrett-Jackson. The company’s inaugural Northeast auction last year drew more than 90,000 people over three days, a Mohegan Sun Arena record for an event of that duration. Car sales last year topped $26 million.

“We’re extremely grateful to our sponsors, consignors and bidders for helping make this year’s Northeast Auction another banner event,” Craig Jackson, chairman and CEO of Barrett-Jackson, said in a statement. “Several thrilling trends emerged, including a surge in participation by younger guests. On Friday, we experienced sheer excitement when a pair of young teenagers sold a Bandit Trans Am. We also saw the demand for trucks grow, along with top-tier custom vehicles that had been professionally restored or modified.”

The top-selling car was a red 2017 Ferrari 488 Spider, which sold for $434,500.

Other top sellers and their auction prices

included a 1969 Ford Mustang Boss 429 Fastback, $407,000; a 1958 Dual-Ghia Convertible, $269,500; a 1967 Chevrolet Corvette 427/435, $231,000; a 1966 Shelby GT350-H Fastback, $220,000; and a 1959 Dodge Custom Royal Super D-500 Convertible, $220,000.

The top automobilia seller was a mid-1950s Polly Oil restored service station fuel island with two original gas pumps, which sold for $24,725.

During last week’s auction, Barrett-Jackson passed the $94 million mark in funds raised for charity at its events.

Barrett-Jackson’s next event, its 10th Annual Las Vegas Auction, will be held Oct. 19-21 at the Mandalay Bay Resort & Casino.