The bidding war made great television but the results will make a big difference to our troops and their loved ones - Allan Jones
Scottsdale, AZ (PRWEB) February 03, 2012
Jones, founder and CEO of Check Into Cash and a native of Cleveland, Tennessee, has become legendary at Barrett-Jackson over the last decade for his trademark Tennessee Vols cap and propensity for engaging in high-dollar bidding wars that benefit charity.
The businessman traveled to Scottsdale, Arizona for the auction this year in order to raise funds and attention for the Fisher House Foundation, whose goal is to support military families during times of need.
Because members of the military and their families are stationed worldwide and frequently travel long distances for healthcare, the foundation donates special “comfort homes” built near major military and veteran’s administration medical centers.
“Check Into Cash has a long history of supporting charities and organizations who need help,” said Jones. “There is no bigger stage than Barrett-Jackson to draw attention to a worthy organization like the Fisher House Foundation that helps family members be near their loves ones in the military during hospitalization for unexpected disease, injury or illness.”
Jones’ focus at the auction was a 2007 New Holland Boomer tractor owned by Tonight Show comedian Jay Leno. The blue tractor – named “Lil Tug” - was signed by former President George W. Bush.
Jones eventually pushed up the bidding on the tractor to $535,000 before declining to move forward. His efforts resulted in a significant financial windfall to the Fisher House Foundation.
“Every dollar raised goes to the foundation and the people who need help,” said Jones. “The bidding war made great television but the results will make a big difference to our troops and their loved ones.”
The Barrett-Jackson auction has raised more than $11.5 million of collectible automobiles for charity in the last five years.
Prior to his charity bid to aid the military in 2012, Jones drew attention at a Barrett-Jackson auction in 2005 that has become legendary among classic car collectors and fans of the auction.
At the event, Jones bid on a rare Olds F-88 – a Chevrolet Corvette with Oldsmobile-style bodywork. Wearing his trademark Vols hat, Jones engaged in a dramatic bidding war for the concept car with collector Alan Lewenthal, curator for the Gateway Auto Museum who has also been called “Ferrari Hat Guy.”
Jones felt he had the car secured for $550,000 but eventually pushed the bidding to $2.7 million until he decided to no longer pursue the F-88 he estimated was worth about $600,000. The car was eventually sold for $3.24 million.
The duel was described by AutoWeek magazine as “perhaps the most emotional 10 minutes of automotive television in recent history.”
Jones’ history of philanthropy runs deep. He was the sole financial contributor to the Jones Wrestling Center at Cleveland High School, home of the 2011 state champion Blue Raiders. Jones was also the sole contributor to the University of Tennessee at Knoxville’s state-of-the-art Allan Jones Aquatic Center. The businessman made national headlines in 2011 with a donation to the non-profit Tennessee Achieves program that ensured every graduating high school senior in Bradley County had a chance to attend Cleveland State Community College.
Check Into Cash pioneered cash advance, proving quick and easy short-term loans to thousands of customers. But Check Into Cash has now grown into a full-service financial center offering the a multitude of financial products including cash advances, prepaid credit cards, bill payment services, title loans, money orders, and check cashing