Broad Arrow Chattanooga 2024 - old cars show the young ones the exhaust pipe
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Created on October 18, 2024
, Reading time 3min
Written by:
Bruno von Rotz
Photos:
Broad Arrow Auction
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Summary
Broad Arrow Auctions auctioned 91 cars on October 12, 2024 in Chattanooga. Three quarters were sold, with an average price of USD 160,752 per car. There were minor surprises and major disappointments, but overall the older classics fared better than the younger ones. This auction review analyzes the results and shows all the vehicles in the picture.
This article contains the following chapters
- Young offer
- Porsche, Chevrolet, Ford and Ferrari
- Surprises at the top
- Disappointments?
Estimated reading time: 3min
Preview (beginning of the article)
For the first time, Broad Arrow Auctions organized an auction on the occasion of the Chattanooga Motor Festival on 12 October 2024. A total of 91 automobiles with a total value of around USD 20.4 million went under the hammer. 52% of them were sold without a reserve price. On average, the auctioned cars were 35 years old. However, with a sales rate of 87%, the older cars (built up to 1994) fared much better than the younger cars (built in 1995 or later), of which only 60% were sold. The two groups were almost equally distributed. Overall, 75% of the vehicles were sold immediately, a good half dozen could still be brokered after the auction, but they are considered "not sold" for this analysis.
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Current Market Prices (Selection)
Coupe, 349 PS, 3506 cm3
Coupe, 349 PS, 3506 cm3
Coupe, 199 PS, 2593 cm3
Targa, 353 PS, 3506 cm3
Coupe, 240 PS, 1974 cm3
Coupe, 349 PS, 3506 cm3
null, 160 PS, 1973 cm3
null, 160 PS, 1973 cm3
null, 209 PS, 1973 cm3
null, 160 PS, 2173 cm3
Coupe, 296 PS, 2174 cm3
Coupe, 349 PS, 3506 cm3