Electrifying Classic Cars

When people think about electric cars, sleek, new models loaded with technology usually come to mind. No doubt, these vehicles are incredible feats of engineering. However, there are millions of cars already on the roads, especially classics, and collectors are increasingly converting them to electric.

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Resto-Mods

According to Barrett-Jackson: The 2019 Barrett-Jackson Scottsdale Auction showed that Resto-Mods are super popular now. Defined as domestic and imported cars that retain their classic look, but have been restored (resto) and modified (mod) with modern-day bodywork, technology, engine, drivetrain and interiors, Resto-Mods have seen a meteoric rise in interest among buyers in recent years. There were more than 150 of these custom vehicles on the Scottsdale docket this year – a nearly 90 percent increase from just two years ago.

Here are a few notable cars auctioned off in Scottsdale:

• 1966 FORD BRONCO CUSTOM SUV: $148,500.00
• 1966 CHEVROLET NOVA II SS CUSTOM COUPE: $286,000.00
• 1937 CHEVROLET MASTER DELUXE CUSTOM COUPE "CAVALLO ROSSA": $154,000.00
• 1955 CHEVROLET 210 CUSTOM SEDAN "X-BOX": $255,200.00
• 1934 CADILLAC CUSTOM CONVERTIBLE: $181,500.00

Please let me know if you're interested in speaking with Eric Lawrence, director of specialty products at Black Book. Eric can offer commentary on these two trends and research valuations for many cars you may have questions on. Here is the most recent Black Book Market Insights report with highlights from the world of Collectibles.