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01-21-2017, 05:28 PM
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CC Member
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Join Date: Apr 2016
Location: Phoenix,
AZ
Cobra Make, Engine: Ex owner of a polished Kirkham 427 S/C. Now Cobra-less and driving a mid-engine German hot rod.
Posts: 828
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Not Ranked
Barrett Jackson
Anyone get out to the auction today?
Went for a drive today (cold and windy) and saw someone with a nice black 427 car up on the 101 westbound in north Scottsdale. Maybe a Superformance but not sure. No stripes, silver ceramic coated side pipes, Cobra and 427 / Ford side badges. We cruised together for a while down the 101 and south on the 51 before he exited at Cactus. Anybody know who this is (being new to the crew I don't know everyone).
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01-21-2017, 08:38 PM
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CC Member
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Join Date: Apr 2008
Location: Scottsdale,
Az
Cobra Make, Engine: Black CSX 4910, Roush 511 8 stack
Posts: 1,205
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Not Ranked
I have been there all week as I had automobilia selling every day and last night I said goodbye as my 67 Eleanor crossed the block to a new owner. Making some room in the shop. Overall some prices were down especially at Bonhams and RM, Barrett Jackson is all over the place but happy with what my car did.
Ron
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01-21-2017, 08:40 PM
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CC Member
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Join Date: Apr 2008
Location: Scottsdale,
Az
Cobra Make, Engine: Black CSX 4910, Roush 511 8 stack
Posts: 1,205
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Not Ranked
Been there all week selling automobilia( and buying some). My 67 Eleanor crossed the block last night and went to a new home. Overall prices were still soft on some but my car did well
Ron
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01-22-2017, 07:26 AM
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CC Member
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Join Date: Apr 2016
Location: Phoenix,
AZ
Cobra Make, Engine: Ex owner of a polished Kirkham 427 S/C. Now Cobra-less and driving a mid-engine German hot rod.
Posts: 828
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Not Ranked
Glad you did okay Ron but must be sad to see the Eleanor go. I watched a little of B-J Friday and Saturday and prices seemed soft on the rest-o-mod cars...seemed like they were selling for less than it would cost to reproduce them.
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01-22-2017, 10:56 AM
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CC Member
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Join Date: Apr 2008
Location: Scottsdale,
Az
Cobra Make, Engine: Black CSX 4910, Roush 511 8 stack
Posts: 1,205
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Neutral
I will build another one one day. I did better than I expected but yes some went for 1/3 lower or more of the build price. All over the place. Tuesday a nice 56 checvy went for $25k and Saturday one went for $100k and they wasn't that much difference in the build
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01-22-2017, 11:09 AM
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CC Member
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Join Date: Jan 2009
Location: Las Vegas,
NV
Cobra Make, Engine: Shelby CSX4005LA, Roush 427IR
Posts: 5,462
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Not Ranked
Quote:
Originally Posted by Phx Mike
... prices seemed soft on the rest-o-mod cars...seemed like they were selling for less than it would cost to reproduce them.
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I don't think that 95K+10% a 70 Mach 1 with a Ford GT engine transplanted into the trunk would be called "soft".  To me that's just plain goofy for two reasons: 1. Why would anyone do it and 2. why would anyone buy it?
__________________
Cheers,
Tony
CSX4005LA
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01-22-2017, 11:11 AM
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CC Member
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Join Date: Jan 2009
Location: Las Vegas,
NV
Cobra Make, Engine: Shelby CSX4005LA, Roush 427IR
Posts: 5,462
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Not Ranked
[quote=csx4910;1413774... 1/3 lower or more of the build price. All over the place. Tuesday a nice 56 checvy went for $25k and Saturday one went for $100k and they wasn't that much difference in the build[/QUOTE]
This is one thing that is reiterated over and over again. Unless it's a truly rare car one hardly ever recovers their full investment in restoration. The lesson is almost always "let someone else pay for it".
__________________
Cheers,
Tony
CSX4005LA
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01-22-2017, 11:24 AM
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CC Member
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Join Date: Apr 2016
Location: Phoenix,
AZ
Cobra Make, Engine: Ex owner of a polished Kirkham 427 S/C. Now Cobra-less and driving a mid-engine German hot rod.
Posts: 828
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Not Ranked
Quote:
Originally Posted by twobjshelbys
This is one thing that is reiterated over and over again. Unless it's a truly rare car one hardly ever recovers their full investment in restoration. The lesson is almost always "let someone else pay for it".
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Agree - what people will pay and what it costs to make it are definitely two different things. What I meant by soft was that it sure seemed like some of those cars cost a lot more to build than what they sold for and probably sold for a lot less than what the seller thought they would get. That Mach 1 with the mid engine was definitely a strange one! |
01-22-2017, 02:03 PM
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CC Member
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Join Date: Apr 2008
Location: Scottsdale,
Az
Cobra Make, Engine: Black CSX 4910, Roush 511 8 stack
Posts: 1,205
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Not Ranked
I finished the build my car to enjoy it not worrying about whether it was worth it but if you have a quality car and the right buyers in the room yes you can have your cake and eat it as well. I netted after fees over 20% above what I had in my build. Some people just are stupid like when they out $200k+ into a car that will never be worth more than $100k
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01-23-2017, 07:38 AM
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CC Member
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Join Date: Aug 2000
Location: Glendale,
AZ
Cobra Make, Engine: SPF 468ci 550HP + 150HP NX Matching Shelby GT500 650HP
Posts: 4,208
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Not Ranked
Ron, I see you sold all 3 of your babies you wanted to sell. Congrats! I am not familiar Tigers or 356's at Bonham's but your sale numbers looked OK and your Eleanor sold well at B-J. Now you may have room for the AZ Cobras Anniversary Party this year? Perhaps inside if it's too cold or rainy (people, not cars).
AZ Bob
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AZCOBRA, AZBOBS Plates & JAFMO
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01-23-2017, 08:44 AM
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CC Member
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Join Date: Nov 2007
Cobra Make, Engine: Midstates/Shell Valley Street Cobra
Posts: 888
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Not Ranked
I have been to BJ in the past ....just to see the cars and I pretty much ignored the auction...
I have watched this week....but...to tell you the truth I much prefer Mecum....BJ has so many gimmicks ...it is annoying to me...can't stand Steve Davis.
Mecum is all about the cars and not the stars....others may have a different opinion...just my 2 cent. |
01-23-2017, 08:46 AM
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CC Member
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Join Date: Jun 2001
Location: Mesa,
AZ
Cobra Make, Engine: ERA #2119 289FIA
Posts: 5,380
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Not Ranked
Who's Steve Davis?
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Karlos
"In the Land of the Pigs, The Butcher is King"
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01-23-2017, 09:03 AM
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CC Member
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Join Date: Nov 2007
Cobra Make, Engine: Midstates/Shell Valley Street Cobra
Posts: 888
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Not Ranked
Quote:
Originally Posted by Karl Bebout
Who's Steve Davis?
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He is the President of BJ, the guy with the receding hairline and the sunglasses.
Don't get between him and a microphone ... |
01-23-2017, 10:42 AM
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CC Member
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Join Date: Jun 2001
Location: Mesa,
AZ
Cobra Make, Engine: ERA #2119 289FIA
Posts: 5,380
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Not Ranked
O. I. C.
__________________
Karlos
"In the Land of the Pigs, The Butcher is King"
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01-23-2017, 11:39 AM
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CC Member
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Join Date: Dec 2010
Location: Tempe,AZ-High Point,NC,
AZ
Cobra Make, Engine: Kirkham #684, 482FE, Mike Mccluskey build
Posts: 2,520
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Not Ranked
All the auctions are great. Like my grandpa said. If we all liked the same things we would all want to sleep with grandma. What's awesome about BJ is not the cars but all the golddiggers looking at them. Eye candy all day.
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PRIDEnJOY
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01-23-2017, 01:42 PM
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CC Member
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Join Date: Apr 2008
Location: Scottsdale,
Az
Cobra Make, Engine: Black CSX 4910, Roush 511 8 stack
Posts: 1,205
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Not Ranked
I was happy overall given the market. I bought the tiger at Mecum last year. Ended up coming home with a custom 1954 ford F-100 with a 351 Cleveland motor. Happy to host the xmas party next year if it fits for everyone. I have a few more signs to hang and it will be done
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01-23-2017, 01:49 PM
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CC Member
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Join Date: Apr 2008
Location: Scottsdale,
Az
Cobra Make, Engine: Black CSX 4910, Roush 511 8 stack
Posts: 1,205
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Not Ranked
I wish Mecum would come to Phoenix but I doubt it with 7 auctions the same week and Russo and Steele as well for muscle cars. Overall prices at other auctions like Bonhams and RM were down 15-30% from estimates
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01-23-2017, 08:14 PM
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CC Member
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Join Date: Nov 2007
Cobra Make, Engine: Midstates/Shell Valley Street Cobra
Posts: 888
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Not Ranked
Someone paid $110,000 for a used Superformance....  |
01-24-2017, 03:32 AM
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Senior Club Cobra Member
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Join Date: May 2007
Location: Mesa,
AZ
Cobra Make, Engine: Contemporary Classic, 428 FE CCX 3069
Posts: 7,501
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Not Ranked
What was P.T. Barmum said about one born every minute?
__________________
Dan in Arizona
CCX3209
"It's a great car and I love it, but it doesn't do 'SLOW' very well."
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01-24-2017, 05:37 AM
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Senile Club Cobra Member
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Join Date: Feb 2001
Location: Buffalo, NY USA,
NY
Cobra Make, Engine: Time Machines Motorsports LLC- Superformance Dealer
Posts: 4,489
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Not Ranked
Quote:
Originally Posted by Bartruff1
I have watched this week....but...to tell you the truth I much prefer Mecum....BJ has so many gimmicks ...it is annoying to me...can't stand Steve Davis.
Mecum is all about the cars and not the stars....others may have a different opinion...just my 2 cent. |
But don't you go to see Justin Bieber and the Gas Monkey doofus? |
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