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What Can $25,000 Buy You at a Collector Car Auction?

While much of the focus at on collector car auctions is on six-figure cars, people may be surprised to learn that their dream car may be purchased for less than $25,000. During Leake Auction Company’s February sale in Oklahoma City, the average price for a vehicle sold was $24,966.23.

Curious what you could purchase for that figure? Here’s a quick look.

  • 1969 Jeep Jeepster at $25,500
  • 1949 Chevrolet 5-window at $25,250
  • 1965 Cadillac Eldorado at $25,000
  • 1969 Chevrolet Corvette Stingray at $25,000
  • 1975 Chevrolet Corvette at $25,000
  • 1969 Chevrolet Customized Camaro at $24,750
  • 1965 Chevrolet Corvette Stingray at $24,500
  • 1971 Oldsmobile Cutlass Supreme at $24,500
  • 1973 Pontiac Trans Am at $24,500

“There is a way for any person to start collecting cars,” said Richard Sevenoaks, president of Leake Auction Company. “As you can see from our results, there is a large variety of cars for less than $25,000. Just because a car is in a collector auction, it does not mean that there is an astronomical price tag attached to it.”

During their upcoming auction in Dallas Market Hall, April 15, 16 and 17, Leake will present the No Reserve Collector’s Showcase. All vehicles sold on Sunday will be offered without reserve and sold to the highest bidder. Cars are being consigned to this special collection daily. Here is a quick look at some already consigned:

  • 1974 Chevrolet Corvette Stingray
  • 1963 Cadillac Fleetwood 60 Special
  • 1948 Lincoln Continental
  • 1958 MG A Roadster
  • 1950 Cadillac Series 61
  • 1978 Porsche 924
  • 1978 Cadillac Eldorado Biarritz

“You can invest your money or you can drive your investment,” Sevenoaks continued. “There are a lot of collectors who purchase a car from us, drive it to various car events, make some modifications to it and then flip it for a small profit during one of our auctions a year or so later. This is what collecting cars is all about!”

Leake is currently preparing for their next auction in Dallas Market Hall, April 15, 16 and 17. To see the line-up for this auction, register to bid or for more information about consigning a vehicle, visit LeakeCar.com or call 918.254.7077. Admission to the auction is $20 for adults, $15 for seniors and military with ID and $7 for children under 12.

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, Detroit 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.

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