Victoria car company expects luxury car to sell for millions at U.S. auction

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A Victoria company that buys and sells premium automobiles from all over the world is gearing up for an extraordinary auction.

The Victoria-based Silver Arrow Cars is bringing 24 vehicles to the Barrett Jackson Auction in Scottsdale, Ariz., this week."They're the greatest car auction in the world. There's no other place to sell," said Silver Arrow owner Tim Quocksister.One of the two-dozen vehicles the Victoria company is bringing to Arizona is expected to sell for"north of $11 million U.S.," according to Quocksister.

Craig Jackson, chairman and CEO of Barrett Jackson Auction Company, says he's always excited to see what Silver Arrow brings to the show.You might think that inflation would put a dent in the luxury vehicle market, but you'd be wrong."When the stock market is on a tear, everybody wants to buy a toy," he said.Some of those vehicles include a Ford GT owned by musician John Mayer that Silver Arrow is bringing to Arizona.

 

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