Tuesday, December 15, 2009

CLASSIC LUXURY AND STYLE BRING TOP BIDS AT AUCTION

Classic luxury coupes and convertibles from the fifties and sixties continue to bring top bids in the Canadian collector car market TORONTO, Ontario – Classic luxury coupes and iconic convertibles brought top bids at two recent Toronto-area collector car events hosted by industry veteran Dan Spendick, indicating a confident and active market for motoring nostalgia. Flying under a new banner, Spendick’s Collector Car Productions offered an eclectic variety of American and European luxury vehicles and values at the recent Al Webster Collection auction in Bradford and the annual fall Classic Car Auction of Toronto held at the International Centre in Mississauga.

Former owner of 400 Auto Wreckers and racer Al Webster parted with 40 vehicles from his private collection at the recent single day auction event including a baby blue 1953 Cadillac Eldorado Convertible that brought $133,750 and a rare 1958 Pontiac Parisienne 348 Tri-Power Convertible that sold for $95,230. Other impressive classics from Webster’s forty years of collecting were an impeccably restored 1946 Pontiac Deluxe Woodie Wagon that brought $90,950, a two-tone 1956 Mercury Convertible at $63,130 and an exceptional 1962 Oldsmobile Starfire Convertible that found a new buyer at $55,640.

“We are seeing an increased level of confidence in the collector car market based on the impressive attendance and interest at these past events”, remarked Collect Car Productions founder Dan Spendick. “It’s a great time to be in the market for a classic car as there are many opportunities for both buyers and sellers”, added Spendick.

The top five sellers at the annual Classic Car Auction of Toronto were a rare and luxurious 1998 Bentley Continental 'R' Coupe that drew a final bid of $101,200 followed by an original fuel injected 1961 Chevrolet Corvette Convertible that sold for $79,200. Rounding off the top sellers were a classic 1954 Packard Caribbean Convertible at $66,000, a national award winning 1956 Ford Thunderbird Hardtop at $62,700 and a Canadian-built 1956 Monarch Richelieu Convertible at $60,500


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