Whois & Analysis for barrett-jackson.com

Barrett-Jackson is an American auction company in Scottsdale, Arizona.

The company specializes in the auction of classic cars and antique cars, and runs collector events in Scottsdale, Palm Beach, Florida, Uncasville, Connecticut and Las Vegas, Nevada.

A classic car is an older automobile; the exact definition varies around the world.

The common theme is of an older car with enough historical interest to be collectable and worth preserving or restoring rather than scrapping.

An auction is a process of buying and selling goods or services by offering them up for bid, taking bids, and then buying the item to the highest bidder.

The open ascending price auction is arguably the most common form of auction in use today.

Participants bid openly against one another, with each subsequent bid required to be higher than the previous bid.

An auctioneer may announce prices, bidders may call out their bids themselves (or have a proxy call out a bid on their behalf), or bids may be submitted electronically with the highest current bid publicly displayed.

In a Dutch auction, the auctioneer begins with a high asking price for some quantity of like items; the price is lowered until a participant is willing to accept the auctioneer's price for some quantity of the goods in the lot or until the seller's reserve price is met.

While auctions are most associated in the public imagination with the sale of antiques, paintings, rare collectibles and expensive wines, auctions are also used for commodities, livestock, radio spectrum and used cars.

In economic theory, an auction may refer to any mechanism or set of trading rules for exchange.