Quote:
Originally Posted by csx4910
I would disagree about the prices. Several of the cars sold have sold previously at other auctions in the past for 30% more than they did this year. Shelby mustangs, boss 429 etc several were 20-30% less than last year. I havent missed a BJ for 20 years. ALsothough I am far from an expert do the math, instead of 750-900 cars about 4 years ago, they are selling 1300 cars, many of which at lower price points to make the same overall dollars. The quality of the cars was also much lower. 60's vettes that were bringing $100K or higher 1-2 years ago were in the 70-80K range.
On the other hand, people with money still have money and spent much higher on some customs than I thought they would go for. Lets face it, the Ron Pratt's of this world are not or never will be hurting for money. I saw more cars sell for $30-60K than I have ever at Barrett Jackson in a long time.
The high seller for the auction was a Corvette with matching Cigarette boat and trailer for $675K. I believe, (and I know you all will correct me if I am wrong) it was the first year in at least 8 that they didnt have a million dollar car if not many. The highest dollar cars were for charity(great cuases all) but paying $450K for a $50K mustang isnt a true reflection on the car hobby, it is a great tax write off for the rich and teh charities benefit greatly for it. I appreciate that about barrett jackson but they tied up much of prime time saturday with charity cars because they lacked true, high worth cars that would normally be sold during that time slot.
Ron
The SPF for 33K was indeed yellow, a very bad color to paint about any car except a ferrari
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From what I watched and I watched a good bit, I too thought the 60's Vettes that were easily bringing 100 to 150k a few years ago going for 50 to 70k.....
a 55 and a 57 T-Bird each went for less than 40k, 5 years ago, they would have easily brought 75k each.........
I saw one couple that sold a car, I think it was a Shelby Mustang walk away from the block with a look of disgust on their faces as the car sold for about 30 to 40% of what I thought it should have gone for...........A lot of cars were "well bought" and some of the "custom" and resto cars went for stupid money.......
Each year things change,fads come and go,so you never know what to expect.....
David