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Secrets of bidders: Is this your year to steal a car at the Arizona auctions?

Each January, enthusiasts flock to Arizona for the most exciting events on the auction calendar. Seven companies--Barrett-Jackson, RM Auctions, Gooding & Co., Russo and Steele, Kruse International, ICA Auctions and Silver Auctions--will duke it out, with more than 3,000 collector cars on the block. But with real estate tanking, the economy in a tailspin, consumer confidence at an all-time low, retail car sales bottoming and automakers begging for loans in Washing-ton, is this any time to buy an old car at auction?

New car sales up by 3% on 2013

ANOTHER RISE in new car sales in February has meant purchases have increased every month for two years. A total of 68,736 vehicles were registered last month - a 3% rise on the total for February 2013, the Society of Motor Manufacturers and Traders (SMMT) said. Sales for the first two months of this year have totalled 223,298 - a 6.1% rise on the total for the first two months of 2013 SMMT chief executive Mike Hawes said the two years of continuous growth was "a real endorsement of consumer confidence and the attractiveness of the new car market".

New car emissions lowest ever

THE AVERAGE CAR in the UK now emits an average of 128.3g/km, the lowest ever and almost 30% less than in 2000. This means the UK has exceeded the target set by the European Union for average CO2 emissions of 130g/km by 2015. The next target is 95g/km that is set for 2020.