If you’ve been to a collector car auction, or watched one on television, you’ve regularly seen bidding go well over $100 thousand, and on occasion, over a $1 million. What you may not know, however, is that car auctions also lend their support to charity fundraising. For example, Barrett-Jackson recently raised $2 million for various charities during their Las Vegas auction. Other auction companies including Mecum & RM, are also instrumental in raising money for charity. Here are some of the “charity cars” recently sold at auction.
2012 Shelby GT500 Super Snake
This red, white, and blue Super Snake, which was driven by a three-man team of military men through 48 states, was signed by hundreds of people to show support and respect for our wounded warriors. Country star, Clay Walker, paid tribute to the men and women in the military by singing “All American,” on stage before bidding began. Proceeds from this sale, which was $500,000, will be donated to Wounded Warrior’s Family Support.
1957 Lincoln Continental Mark II 2-Door Coupe
Instead of big fins and lots of chrome, as was the trend of many cars of the 1950s, the Continental Mark II had clean lines, a long hood, and a short rear deck — a design that was a favorite of celebrities, such as Elvis Presley and Frank Sinatra. Because of its timeless appeal, it is still popular among collectors, evident by the hammer price of $700,000. Proceeds from this sale benefit the Loma Linda University Children’s Hospital in California.
2008 Ford Mustang Saleen Fastback
This number 44 of 82 Saleen Mustang, as expected, is fast, going from 0-60 mph in 4.3 seconds. It is like-new, having little-to-no wear, has less than 350 miles on the odometer, and still has the window sticker and documentation. Proceeds from its sale, which was $180,000, will be donated to the Austin Hatcher Foundation for Pediatric Cancer.
2012 Dodge NASCAR Race Car
This not-street-legal car was driven by Brad Keselowski during the Sprint Cup Series in 2012 in the Daytona 500 and at the Aaron’s 499 that same year. Its sale price, $500,000, goes to the NASCAR Foundation, which has contributed millions of dollars to help children nationwide.
2014 Ford Mustang Cobra Jet Prototype
Another not-street-legal car went on the auction block, this time to benefit The Multiple Sclerosis Society. This Fiery Orange Mustang, with satin finish, is powered by a 5.0 liter supercharged engine, with a T4 racing transmission. It sold for $200,000.
1967 Ferrari 275 GTB/4 NART Spider
This Ferrari, which was bought for $14,500 when new, remained in the same family until its recent sale at auction, where it sold for a hammer price of $25 million. Interestingly, this car was no garage queen, since the owner used it for its intended purpose — driving it. After his death, his family decided to sell it, so someone else could enjoy the experience of owning this historical car. Proceeds from this sale will go to various local charities in Lexington, N.C., and to the family’s foundation.
2007 Ford Mustang GT Stryker
This patriotic-looking Ford Mustang was designed as a tribute to America’s military and was named after two American servicemen and recipients of the Medal of Honor, Private First Class Stuart S. Stryker and Specialist Four Robert F. Stryker. The $100,000 from the sale of this Mustang will directly benefit The Roever Foundation and its Operation Warrior RECONnect program, which strives to help wounded veterans start over and heal after returning from service.