Many Great Cars Selling Saturday
We were in Greensboro this weekend to cover the action at the big GAA Classic Summer Auction 2024 for top quality collector and specialty cars and trucks. With inflation on the rise and extra money at a premium, we didn’t know what to expect when we came here to Greensboro to cover the big GAA Classic Summer Auction. The results will be an indication of how healthy the collector car market is right now in the U.S.
Here are some of the top vehicles sold here on Saturday at the summer edition of the GAA Classic Auction.
The high point of the Saturday sale happened when George and Megan Shinn sold their 2007 Mustang GT Stryker in a charity auction to benefit Operation Heal Our Patriots. The Samaritan’s Purse, an evangelical Christian humanitarian aid organization run by Franklin Graham, Billy Graham’s son, ministers to military veterans who are having a hard time adapting back into the “world.” This Stryker Mustang was built to honor American patriots. It was a heartfelt moment when one buyer got the top bid on this car at $125,000. He thought that was not enough, so he told the auctioneer to “sell it again.” They did, and got another $100,000 from the second sale. Then dozens of bidders offered additional donations to the Operation Heal Our Patriots ministry. In all, they raised over $467,000 with this sale. It was quite an inspiration to see the patriotic zeal of the auction goers. 
The action really picked up here on Friday at the GAA Classic Summer Auction 2024 in Greensboro, North Carolina. Cars were selling for good money, and we recognized many of the classic car dealers from around the country who were scooping up bargains.
Here are some of the cars we saw sell here on Friday.
For an in-depth look at all the GAA Classic Summer Auction vehicles currently being advertised on the Cars-On-Line website click this link.
You can watch with us on the GAA Classic Auction streaming video as recorded on YouTube. Here is the link to the whole auction on Saturday:
https://www.facebook.com/gaaclassiccars/videos/426267537080311
Cars-On-Line.com is reporting the action here at the summer edition of the GAA Classic Auction at The Automobile Palace in Greensboro, North Carolina. This is where they hold the GAA Classic Auction three times a year. The summer edition began on Thursday, July 25 and will run through Saturday, July 27. Our readers love to review the results of this auction because so many true “blue collar classic cars” are sold here. These are the “bread and butter” classics, and when they sell here you note the prices. That’s how you measure the health of the collector car market. With the economy taking a dive and inflation rearing its ugly head here in the U.S., will it effect what collector cars will sell for? We think that question was answered here in Greensboro this weekend.
The whole collector car community might be breathing a little easier today after a really good Friday sale at the summer edition of the GAA Classic Auction in Greensboro, North Carolina.
Cars-On-Line.com’s Car Show team will be on hand here in Greensboro to bring you all the action as over 750 cars are scheduled to cross the auction block. GAA’s special auction facility, which they call The Automobile Palace, was expanded to over five acres of display area all indoors. The sea of cars here is endless. So much to see. Watch this page all weekend, and we’ll keep you updated with the cars and prices they sell for.
Classic car dealers from throughout the Southeast are on hand to buy special cars for their inventories. All of the top collector car shops are represented here. But you can join in the bidding as a private party buyer as well.
Our photo-journalist, Bob Boberg of eClassicAutos.com, thought you might like to get a taste of what it is like to be here at The Automobile Palace and experience the auction atmosphere. Here is a video montage he did for your enjoyment:
Online bidding is done through a company called Proxibid, the online bidding internet portal. The buyers fee is 11 percent on vehicles sold over $10,000 and $800 on vehicles sold for $10,000 and under. The percentage is a little higher, 15 percent on mini-bikes with a maximum fee of $800. The buyer’s fee on memorabilia is 15 percent. Click here to learn more about bidder registration.
