2024's Monterey Car Week auctions, featuring $459M in classic car sales, are expected to draw 20,000 attendees amid market turmoil.

2024's largest car auctions, occurring during California's Monterey Car Week, are expected to bring in $459 million in sales, with over 500 rare and vintage cars up for grabs. Despite recession fears and market turmoil, experts remain optimistic about classic cars as positive investments and inflation hedges. The Monterey auctions are projected to draw around 20,000 attendees, including automotive enthusiasts at events like Pebble Beach Concours and The Quail.

August 14, 2024
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