RM Auctions

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RM Auctions
Industry Auctioneering
Founded Ontario, Canada
(1991)
Founders Rob Myers
Headquarters Blenheim, Ontario
Key people Rob Myers,
CEO
Products Automobiles
Services Auctioneering, Restoration, Financial Services
Subsidiaries Auctions America by RM
Website RMAuctions.com

RM Auctions, incorporated in 1991, is a classic car auction company which maintains offices in Canada, the United States, UK, and Germany. The company's headquarters are located in Blenheim, Ontario. The company also does restoration, private treaty sales, auctions, estate planning and financial services.

RM has additional divisions, including a full restoration shop.

History[edit]

RM averaged $303,000 per sale in 2007.[1]

As of May 2, 2010, RM has sold 160 million-dollar-plus-cars.[citation needed] RM holds five of the top 10 - and four of the top five – all time records for the most expensive motor cars sold at auction, with the number one car being the 1957 Ferrari 250 Testa Rossa sold in May 2009 for $12,402,500 in Maranello, Italy.[2]

Auctions America by RM[edit]

Auctions America by RM is a collector car and vintage motorcycle auction company that was incorporated in July 2010 under the RM Auctions banner. It’s headquartered in Auburn, Indiana, at the 235-acre Auburn Auction Park. Auctions America by RM hosts five auctions and one marketplace each year at locations across the country, including Auburn, Indiana; Fort Lauderdale, Florida; and Carlisle, Pennsylvania.

Auctions America by RM is a subsidiary of RM Auctions. Kruse International sold the Auburn Auction Park to RM Auctions, on July 1, 2010.[3]

References[edit]

  1. ^ Rob Sass (2008-08-07). "New York Times". The New York Times. Retrieved 2008-08-27. 
  2. ^ "Ferrari Testa Rossa Breaks All Time Record". 2009-05-17. Retrieved 2009-06-17. 
  3. ^ Jewett,Dale."RM Auctions buys Auburn complex from Kruse", "AutoWeek", Detroit, 1 July 2010. Retrieved on 24 February 2012.

External links[edit]