Page 67 - Expereience_Magazine_2021_Fall_Barrett-Jackson
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“We continue to see growing interest from Gen Xers and
                                                              millennials fueling the demand for classic trucks and
                                                              SUVs,” said Barrett-Jackson Chairman and CEO Craig
                                                              Jackson. “Interest in trucks and SUVs is the direct result of
                                                              the expanding presence of this younger demographic in
                                                              the hobby.”
                                                              When SUVs first started growing in popularity, the median
                                                              sale price at the 2015 Scottsdale Auction was $33,000.
                                                              Flash forward to Scottsdale 2021 and the average leapt an
                                                              incredible 267 percent to $120,000. The Scottsdale Auction
           LOT #712 - 1972 CHEVROLET BLAZER K5 SUV - NO RESERVE   wasn’t an outlier. At the 2021 Las Vegas Auction a custom
           This 1972 Chevrolet K5 Blazer received a recent professional, no-  version of the Bronco’s main rival – a 1971 Chevrolet K5
           expense-spared, frame-off restoration by renowned builder Creative   Blazer (Lot #731) – sold for a jaw-dropping $181,500.
           Rods & Restoration. Awarded Chevy Truck Pick at Goodguys Nashville
           Nationals May 2021. Powered by its original 350ci V8 block, rebuilt 0.30   “We recognized years ago that this was a growing segment in
           over and upgraded with electronic fuel injection, a comp cam, Edelbrock   the collector car market - especially among younger buyers.
           intake, AFR aluminum heads and a March serpentine system. The engine   We’ve built our dockets to feed that trend,” said Barrett-
           is mated to a 700R4 4-speed automatic transmission. This K5 also   Jackson President Steve Davis.
           features power steering, Vintage Air and power front disc brakes with a   As younger generations enter their prime collection-
           Wilwood master cylinder. I                         building years, the cars they desire are reflections of what
                                                              they thought of as “cool” when they were young. Cars that
                                                              entered the pop culture zeitgeist in films like the “The Fast
                                                              and The Furious” and video games like “Need for Speed”
                                                              or “Gran Turismo” resonate with younger generations the
                                                              same way that George Barris’ Batmobile or the General Lee


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