Classic car auctions are events where vintage and collectible vehicles are sold to the highest bidder. These auctions can take place in person or online, attracting car enthusiasts, collectors, and investors. Participants often have the opportunity to view the cars beforehand, allowing them to inspect the condition and history of each vehicle. Many classic car auctions feature a wide range of models, from Ford Mustangs to Chevrolet Corvettes, and even rare Ferraris. Auction houses, such as Barrett-Jackson and RM Sotheby’s, specialize in these events, providing a platform for sellers to reach a global audience of potential buyers.