[TPR] Fw: Monterey auctions break record, exceeding $455M

Lee Pedersen salemmotorsport at yahoo.com
Sun Aug 21 09:56:03 PDT 2022



 Lee Pedersen, Pres. Salem Motorsports Inc. 

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|  Live Blog All the action in Monterey |


|  With a bumper crop of top-tier classics up for grabs amidst economic uncertainty, the stakes at Monterey have never been higher. Here's what went down. |


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|  "The catalog auctions at Monterey this year have a high percentage of reserve lots. That points to sellers being uneasy which way the market will turn—and unwilling to have a fire sale." James Hewitt, Senior Data Analyst, Hagerty |

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|  Sale of the Week And the biggest sale of them all… |


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|  Economics 101 Knowing a bit about auction theory can help you shop for your next car |


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