GAA’s latest auction showcased rare cars and raised over $215,000 for charity.
The GAA Classic Cars November auction wrapped up with an impressive 74% success rate, signaling a robust interest in the classic car market as 2023 draws to a close. This achievement, attributed to the diligent efforts of the staff and the unwavering support of loyal customers, marks the conclusion of this year’s auction calendar on a high note.
Held at the Automobile Palace in Greensboro, NC, the GAA Classic Cars Auction (GAACC) attracted a diverse array of vehicles, spanning from pre-war models to modern-day unique finds. The Automobile Palace, a massive 6-acre, climate-controlled space owned by GAACC, is set for expansion, with a new addition slated for completion in 2024. This expansion reflects the growing enthusiasm and participation in the classic car community.
A highlight of the auction was the Chevrolet Ragtop Collection, showcasing seven exquisitely restored Chevrolets from 1955 to 1961. The collection attracted nearly $1,000,000 in bids, underscoring the undying allure of timeless convertibles and their appeal to classic car enthusiasts.
The star of the auction was undoubtedly the 2006 Ford GT, fetching a whopping $556,200. This rare Tungsten Gray Metallic beauty, with only 90 miles on the odometer, came equipped with all four options available, making it one of just 541 in this color. The winning bidder not only acquired a stunning vehicle but also a piece of limited-edition automotive history.
Another noteworthy sale was the 1971 Oldsmobile Cutlass, personally modified by automotive legend Chip Foose for Tim McGraw’s 40th Birthday. This unique vehicle, boasting a powerful LS7 Z06 505 horsepower engine, was sold for $216,000. The car’s provenance and exceptional build quality made it a highly coveted item.
The auction also featured over 30 stunning Corvettes, including a remarkable 1958 Pro Touring Vette that went for $250,000. This vehicle stood out with its elegant black and silver exterior and exclusive design elements. Additionally, trucks proved to be a popular category, with a custom lowered 1972 Chevy C10 in a striking shade of green selling for $100,440.
Aside from the vehicles, the GAACC event made a significant charitable impact, raising over $215,000 for four worthy causes: Project Road Warrior, Institute for Vision Research, Abolition NC, and Samaritan’s Purse. This philanthropic aspect adds a layer of community contribution to the event, highlighting GAACC’s commitment to social responsibility.
As 2023 ends, classic car enthusiasts are already looking forward to the next GAA Classic Cars event scheduled for February 22-24, 2024. With the promise of more unique and rare finds, the auction continues to be a key date for collectors and enthusiasts alike.
Image Source: GAA Classic Cars