McCormick’s celebrates 35 years with strong sell-through
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The McCormick family celebrated 35 years in the collector car automotive auction business in the US recently, reporting a 72 percent sell-through for its 70th live Palm Springs sale in late February.
“While the number of consigned vehicles was down from their usual pre-covid numbers of over 500 vehicles the event was extremely successful with total sales surpassing the previous November auction,” the company said in its post-auction news release.
“There’s a shortage of high-quality classic cars on the market and those that are available sell for strong money due to supply and demand.”
The auction offered 322 vehicles to bidders, and 230 of them were sold, McCormick’s said.