Seating for potential bidders is almost full at the Barrett-Jackson 50th Anniversary Celebration at WestWorld of Scottsdale on Jan. 28, 2022.

5 Arizona car auction houses sell 2,100 cars for $266.7M

Seating for potential bidders is almost full at the Barrett-Jackson 50th Anniversary Celebration at WestWorld of Scottsdale on Jan. 28, 2022.

Fewer collection cars were sold during Arizona Car Week than in previous years, but some 2,100 vehicles changed owners and the five auction houses raked in $266.7 million this year. 

That total sales value is the second-highest ever, behind only the $307.3 million record from 2016, according to Michigan-based Hagerty Price Guide, which compiles data for the collector-car industry. 

Total sales this year surpassed Hagerty’s forecast of $211 million, a sign the firm attributes to a “super-heated” collection car market. 

Barrett-Jackson was the top seller of the week, auctioning off 100% of its 1,841 cars for a total of $195.5 million. The auction house also sold the second most expensive car of the week. 

The 2023 Chevrolet Corvette Z06 sold for $3.6 million, which broke Barrett-Jackson’s highest-selling charity car record. The funds from the sale will benefit Operation Homefront, a nonprofit based in Texas and Virginia that helps military families.