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2006 Ford GT

Leake Auction Company Wraps Up Successful OKC Sale

Leake Auction Company kicked off their 45th year of auction excellence in Oklahoma City, February 24, 25 and 26 with an outstanding sale in the all new Bennett Event Center at State Fair Park. The three-day auction featured 611 lots on two turntables, reaching over $10.4 million in sales with a 79 percent sell through rate. When the auction concluded on Sunday, the top seller of the weekend was a stunning, 2006 Ford GT at $341,000 with buyer’s premium.

A large crowd gathered early Friday as the auction kicked off at noon. When the auction ended on Friday, bidders and consignors enjoyed a party sponsored by Wells Fargo Advisors. On Saturday, the standing room only crowd eagerly awaited the Leaded Gas Collection selling without reserve. The collection did not disappoint the crowd as many bidding wars ensued. Sunday’s Collector’s Showcase featured a variety of vehicles from several collections, giving bidders another opportunity to bid on vehicles that were also offered without reserve.

Top sellers include (BP is included):

“We could not have asked for a better start to 2017,” said Richard Sevenoaks, president of Leake Auction Company. “The Bennett Event Center is a spectacular facility and we received a lot of positive comments about it. We offered several large collections, which created a lot of excitement and we presented an outstanding line-up.”

Sevenoaks continued, “The Leaded Gas Classics Collection brought in many new buyers who were onsite as well as bidding online through IronPlanet. We sold cars to customers in Australia, France, Mexico, and New Zealand.”

For more information about the Oklahoma City sale or to consign to a the upcoming Dallas Spring auction, April 21, 22 and 23, visit their website at www.LeakeCar.com or call 918.254.7077.

Results from the OKC auction can be viewed here. Photos of the cars mentioned above may be downloaded by clicking here.

Leake Auction Company was established in 1972 by James C. Leake, Sr. as one of the first car auctions in the country. Forty-five years later three generations of the Leake family continue to carry out the principles Mr. Leake founded the company on: quality, respect and loyalty to the business. Currently Leake conducts four auctions a year in Tulsa, Oklahoma City and two in Dallas.

Media Contact: Jennifer Tetley, jennifer@leakecar.com or 918.254.7077.

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