Collector car auctions are events where vintage and classic cars 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 and may receive detailed information about each vehicle's history and condition. Many well-known auction houses, such as Barrett-Jackson and RM Sotheby's, specialize in collector cars. These auctions can feature a wide range of vehicles, from rare models to restored classics, and can generate significant interest and high sale prices, reflecting the value of the collector car market.