Classic Car News
Car auctions fill abandoned lots
2011-12-07
Image: Hugo90, 2010
Classic cars are set to become an unlikely saviour of Carson's Auto Row, as an auctioneer has set about creating a situation where vintage vehicles might be sold on lots previously occupied by now defunct dealerships.
Economic pressures have caused many motoring businesses to fail in recent years but it is classic cars for sale that will rejuvenate this ailing strip in California, according to Daily Breeze.
Ken Porter Auctions is the company which will be setting up shop in a pair of abandoned lots that were originally home to dealerships from famous manufacturers Ford and Lincoln.
The local council has almost approved the move, with one spokesperson saying that without the support of classic car auctions, the lots would remain empty and the strip would look all the more desolate and depressing.
Ken Porter Auctions has had a string of successful years, selling $25 million dollars worth of old vehicles during 2010 and anticipating that it will top $30 million in 2012.
The cars sold are not all classics, with many ex-fleet vehicles from corporations and businesses also on offer, so it could attract a wide audience of enthusiasts and members of the public looking for a bargain.
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