October 27, 2022

GAA Classic Car Auctions (Johnny Ransom)

55 minutes

Classic car auctions are all the rage these days. The collector car market has been booming for the past decade or so, and auctions have been growing accordingly, both in grandiosity and media coverage. You’ve probably seen auctions taking place on TV or online, with the biggest events being Concours-like affairs, fetching record prices which make headlines for the weeks to follow.

It’s a misconception that classic and collector car auctions are reserved for the ludicrously rich, buying cars for hundreds of thousands of dollars or more. Auctions offer enthusiasts the opportunity to network with like-minded people and are a great way to learn about special interest vehicles you might not be familiar with but find you have an interest in.

The team at GAA Classic Car Auctions offers a spectacular experience for both the first-timer or the seasoned auction goer. Devoted to producing the best classic and collector car auction experience possible, folks like Johnny Ransom, General Manager for GAA, are hands on and willing to help you with whatever needs might arise, and he’s here to explain how it all works.

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00:00 The Excitement of Classic Car Auctions

01:59 Meet Johnny Ransom from GAA Classic Car Auctions

02:10 Johnny's Journey into the Automotive World

05:13 The Birth of GAA Classic Car Auctions

08:15 GAA's Unique Auction Experience

11:28 Memorabilia Sales at GAA Auctions

13:27 Diverse Range of Vehicles at GAA

15:17 Auctioneer Dynamics and Attendee Experience

16:37 First-Time Auction Goer Tips

19:36 Bidding and Payment Process

24:27 Ensuring Title Transfers and Paperwork

28:00 State Tax Regulations for Car Purchases

28:29 Handling Titles and State Inspections

29:08 Auction Fees and Buying Process

29:56 Selling Your Car at GAA

31:44 Placing and Pricing Cars for Auction

35:08 Running and Driving Requirements

35:29 Handling Large Car Collections

37:21 Post-Auction Sales and Consignments

39:02 Auction vs. Private Sale

44:23 Future of GAA and Online Auctions

47:13 Upcoming Auctions and Notable Cars

49:36 Electric Vehicles in Auctions

51:19 Shoutouts and Closing Remarks

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This episode is sponsored in part by Garage Style Magazine. Since 2007, GSM has been the definitive source for car collectors, continually delivering information about Automobilia, Petroliana, Events and more... because after all, what doesn't belong in your garage?

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