Record Weekend for CCP Auctions in Toronto - But how??? with Fewer Cars?


It was an unusual but record breaking weekend for CCP Auctions in Toronto.

The number of consigned cars was down a bit from previous auctions, which is simply a reflection of the current market conditions. It appears some people are taking their cars south to the U.S. to sell them as they hope they can gain on the exchange rate

However CCP Auctions staff report a record breaking weekend, in terms of percentage of cars sold. On Friday and Saturday 78 percent of all vehicles offered were sold, which is the highest percentage in the history of the sale ( according to auction staff ).

Highlights included a Corvette Split Window which sold for $96,0000, an Acura NSX which sold for $34,000, a 2016 Dodge Hellcat with 707 Horsepower which sold for $72,000.

There were many bargains too. Dozens of cars perfect for classic car cruise nights crossed the block selling for less than the owners wanted, pleasing buyers who walked away with affordable collector cars, often with all the necessary restoration work fully completed.

There were Rolls Royce collector cars, exotics like late model Aston Martins, and a hefty selection of Corvettes.

The auction is a prelude or warm up of sorts for the car show season which begins every year in Ontario following the auction. It has been that way for nearly three decades thanks to Dan Spendick, who owns CCP Auctions.

The Toronto Spring sale is also a sign of things to come in July, when CCP Auctions holds its next event - The Maple City Classic Car Auction ( July 9th ). They held an auction in Chatham for the first time last year, and it was successful, so it looks like the new auction in the Maple City will become an annual event. CCP will also host their annual fall auction in Toronto in October, marking the end of the car show season in the province.

A full list of the auction results will eventually be posted at www.ccpauctions.com with links from www.streetsporttv.com

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