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Barrett-Jackson is an American collector car auction company headquartered in Scottsdale, Arizona.It was founded by Scottsdale business partners Tom Barrett and Russ Jackson.
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In auctions, the buyer's premium is a charge in addition to the hammer price (i.e. the winning bid announced) of an auction item, or lot. The winning bidder is required to pay both the hammer price and the percentage of that price called for by the buyer's premium.
For Hagerty, which now owns its own auction house, classic car shows (including Amelia Island), and even a media company, a dip in the classic car market isn’t impacting business.
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