Leake Auction Hits $9 Million in Sales

Tulsa, OK (Monday, November 30, 2015) – Leake Auction Company just wrapped up their fall Dallas sale, reaching $9 million in sales with a 67 percent sell through rate. Held in Dallas Market Hall, November 20, 21 and 22, the auction featured a record 598 vehicles, with 120 sold at No Reserve on Sunday. As the auction concluded on Sunday, the top seller of the auction was a 1929 Packard 645 Roadster hammering at $410,000.

Other top sellers with the buyer’s premium included were:

  • 1959 Mercedes-Benz 190SL Roadster at $129,250
  • 1957 Chevrolet Custom Bel Air at $102,300
  • 2007 Lamborghini Gallardo at $96,800
  • 1965 Porsche 356C at $90,750
  • 2012 Audi R8 at $89,100
  • 1971 Porsche 911 E Coupe D Series at $80,850
  • 1968 Porsche 911 Targa at $75,900
  • 1953 Jaguar XK120 at $74,800

The auction weekend kicked off with a special party for bidders and consignors. Gas Monkey Garage rolled out the red carpet Thursday evening, allowing attendees an exclusive tour of their garage and the opportunity to mingle with some of the Gas Monkey Garage mechanics. Saddle Tramps provided a delicious BBQ dinner. The festivities continued during the auction on Friday when seven motorcycles and four vehicles belonging to Richard Rawlings crossed the auction block. Discovery’s film crew captured footage for an upcoming episode of Fast N’ Loud.

“We had a great auction,” stated Richard Sevenoaks, president of Leake Auction Company. “Bidding was vigorous throughout the weekend and we saw many bidding wars on Sunday as 120 No Reserve vehicles crossed the block. We sold out of numbers for this auction in October, therefore we have extended our Oklahoma City auction in February to three days.”

The Dallas auction results are available online at www.LeakeCar.com. The next Leake Collector Car Show & Auction will be in Oklahoma City February 19, 20 and 21 at the Fairgrounds. For more information about the Dallas sale or to consign to a future Leake Auction, visit their website at www.LeakeCar.com or call 918.254.7077.

Leake Auction Company was established in 1972 as one of the first car auctions in the country. Forty-three years later the auction company has sold over 35,000 cars and currently holds auctions in Tulsa, Oklahoma City and Dallas. Recently they have been featured on several episodes of two reality TV series – Fast N’ Loud on Discovery and The Car Chasers on CNBC Prime.

For media purposes only, hi-resolution photos are available upon request. Media contact Jennifer Tetley, 918.254.7077 or jennifer@leakcar.com


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