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Barrett-Jackson Hosts Multimillion-Dollar Auto Auction

The Barrett-Jackson Auto Auction is one of the most famous annual car-related events, and the outstanding success the gathering had in 2014 should only continue to raise its profile for years to come. While the auction is a hot spot for many used cars, the vehicles featured at the 2014 sale were among some of the coolest classic cars, celebrity rides and custom concepts on the market. 

This year's auction featured nearly 1,400 cars sold, and in total, those vehicles brought in more than $113 million. Additionally, world-record prices were set for sales of rare Corvette and Thunderbird models. Between the records broken and the sheer amount of interest in the auction, organizers are confident that this was the most successful to date, and they hope to build on that for the future. 

"We sold some great cars for charity, attendance exceeded 300,000 and the celebrity turnout was great," said Craig Jackson, chairman and CEO of Barrett-Jackson. "Scottsdale 2014 witnessed an increase in the value of American cars as well as the general strengthening of the value of the cars we sold." 

Without a doubt, the biggest draw was a 1967 Chevrolet Corvette L88 2-Door Coupe, which sold for a whopping $3.85 million. That was the most expensive lot featured during the six-day event, soundly beating a 1969 Corvette that sold for $2.86 million. Also among the most popular models was a 2008 Bugatti Veyron once owned by music mogul Simon Cowell. 

Drivers who would rather stick within their budgets can check out the selection of vehicles at New Jersey State Auto Auction. There they can browse through hundreds of Carfax-certified cars, trucks and vans, many of which are available at reasonable prices and still offer high quality.