Vintage car collectors are always on the hunt for unique and rare automobiles to add to their collections. Auction houses play a pivotal role in this quest, offering a curated selection of classic ...

Big auction chains Manheim and ADESA are seeing their traditional business models upended and are working to address dealers’ changing wholesale vehicle buy-sell needs. Challenging auctions is the ...

Five auctions in California could bring in $459 million, an estimate said. Will a 1938 Alfa Romeo 8C 2900B Lungo Spider and a 1960 Ferrari 250 GT SWB California be enough to convince wealthy ...

Everybody likes a bargain, but the trouble with cars is that bargains are very few and far between. New car prices have just peaked higher than $50,000, which is simply too expensive for many of us to ...

On February 8th, after The Economist went to press, Sotheby’s was scheduled to hold the first international auction in Saudi Arabia’s history. Among the 162 lots for sale in Diriyah is a painting by ...

Buying a car at auction is inherently risky. Beyond the potential for bidding wars and the as-is nature of sales, the real power is held by the auction house, and sometimes it’s not wielded with the ...

Bobby Adams thought he’d purchased a 1956 Lincoln Continental Mark II Sport Coupe for $31,000 during a Mecum auction last week. His bid was the highest when the hammer fell, but immediately after, the ...