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Leake Auction Company Reaches $4.1 Million During Dallas Auction

Leake Auction Company wrapped up their Dallas Spring auction over the weekend, with $4.1 million in sales. The three day auction was held in Dallas Market Hall, April 15, 16 and 17. Car enthusiasts watched 497 lots cross the two-lane auction block. When the final vehicle rolled off of the auction block, 59% of the vehicles had been sold. The top seller was a stunning, 1954 Chevrolet Corvette Roadster, selling for $96,800, with the buyer’s premium included.

There was a lot of buzz around the new auction set Leake debuted in Dallas. The set was upgraded to a hard-wall design, featuring enhanced, special effect lighting, LED screens and new graphics. Attendees appreciated the clarity of the LED screens and the fun design of the new set.

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

  • 1968 Ford Shelby GT350 at $91,300
  • 1969 Ford Shelby GT500 Fastback at $79,200
  • 1963 Chevrolet Corvette Split Window at $73,700
  • 1964 Lincoln Continental Convertible at $66,000

“This was a busy weekend for the collector car auction world,” said Richard Sevenoaks, president of Leake Auction Company. “In addition to our auction, there were two additional auctions taking place, which split our seller and buyer base. Despite this split, we had a solid auction. There were cars that out-performed our estimates and expectations.”

Preparations are now underway for Leake’s flagship auction in Tulsa, June 10, 11 and 12 in the River Spirit Expo.

The Dallas Spring auction results are available online at www.LeakeCar.com. For more information about the Dallas Spring sale or to consign to a future Leake Auction, visit their website at www.LeakeCar.com or call 918.254.7077.

Established in 1972, Leake Auction Company was 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, Dallas and Detroit. 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.

Images mentioned above are available at: https://www.dropbox.com/sh/n4egmu26wcb07op/AADWjeHj3Gyal3NpZNYnNYwha?dl=0

For media purposes only, additional hi-resolution photos are available upon request.
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