RM Auctions will have their next auction on January 19 and 20, 2012 at Phoenix, Arizona.

The RM Auctions is a Canada based Classic car Auction Company which is considered one of the largest in the market today. The company is renowned for their achievements including holding the top 4 and 10 of the top 5 records for selling the most luxurious cars at an auction. These include the 1957 Ferrari 250 Testa Rossa which was worth $12.5 million sold on May 2009.

The Auction will be held at the Arizona Baltimore Resort and Spa. They will be selling around 150 classic cars in the said Arizona event. Not only will they display Ferrari cars but also cars from different companies like BMW, Phaeton, Chevrolet and a lot more.

One of the hundreds of cars that will be auctioned is the classic Ferrari car, the 1957 Ferrari 410 Superamerica. It is a special car that has a brushed stainless steel top. It is also the first Ferrari car that is designed by the Italian designer Scaglietti. The Ferrari 410 is expected to cost about $2.25 million

Moreover, two more expensive classic cars that will be auctioned are the 1930 Duesenberg Model J LWB Dual Cowl Phaeton and 1957 BMW 507 Roadster. These cars are expected to reach the $1 million price mark.

The RM Auctions is known for selling expensive cars. Few of other classic Ferrari cars that will be on auction on January are the following: 1958 250 GT Ellena Berlinetta which will be auctioned at an estimated price of $550,000, 1973 365 GTB/4 Daytona Spyder will be displayed at about $1.1 million, the 1952 342 America Pinin Farina Coupé will be priced at around $1 million, and the 1991 F40 with a price of about $750,000.

The RM Auctions has already held a lot of auctions and programs since its foundation. Because of the success the company have in the auction business, they have scheduled seven auctions on different months for the year 2012. These auctions will not only be held in the United States but also in London, United Kingdom. After the auction in Arizona, the RM Auctions will travel to Florida on February 24 to 25. The auction for the month of May will be held in Monaco. Through travelling and moving from one state to another, the company will be able to reach more customers and earn more as well.

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