BJ prices seem cheap? And expensive?
#1
Burning Brakes
Thread Starter
BJ prices seem cheap? And expensive?
Seems like a steal on the 66
http://www.barrett-jackson.com/appli...ln=530&aid=525
And a lot for a 64? (they said it was a great resto)
http://www.barrett-jackson.com/appli...n=7001&aid=525
http://www.barrett-jackson.com/appli...ln=530&aid=525
And a lot for a 64? (they said it was a great resto)
http://www.barrett-jackson.com/appli...n=7001&aid=525
#4
Burning Brakes
I also see no problem, even thought price for the base 64 does seem a little high.
The sad thing, at least for me, is that I have been looking for a high quality driver 66 or 67 L79 convertible for the last six months. What I have found is that whether it is an individual or dealer they are asking prices more like what the 64 brought, but the cars are more like the 66 condition wise.
Most think their cars are worth $75,000 or more. I looked at a 66 that the guy wanted $83,000. Decent car, but there are bubbles in the paint in the cowl area, front end had been replaced with some issues, chrome decent but not great, etc. to me it was a $55,000 at most.
The sad thing, at least for me, is that I have been looking for a high quality driver 66 or 67 L79 convertible for the last six months. What I have found is that whether it is an individual or dealer they are asking prices more like what the 64 brought, but the cars are more like the 66 condition wise.
Most think their cars are worth $75,000 or more. I looked at a 66 that the guy wanted $83,000. Decent car, but there are bubbles in the paint in the cowl area, front end had been replaced with some issues, chrome decent but not great, etc. to me it was a $55,000 at most.
#5
Team Owner
Auction prices are for entertainment only...as I always say. Have a slow day and prices are off, get two fat cats with testosterone poisoning and prices can skyrocket - then there's the chandelier bidding. I don't know why people keep quoting what things sell for in these venues and then act surprised by it.
I looked at an immaculate 365HP '64 convertible on the last day of the Kissimmee show last year in the car corral and the seller was at $56,000. I probably should have bought it. It never sold that week. I bet the car could have been had in the $52K-$54K range.
Every bit as nice as the coupe at BJ's.
I looked at an immaculate 365HP '64 convertible on the last day of the Kissimmee show last year in the car corral and the seller was at $56,000. I probably should have bought it. It never sold that week. I bet the car could have been had in the $52K-$54K range.
Every bit as nice as the coupe at BJ's.
Last edited by Frankie the Fink; 01-16-2014 at 07:18 AM.
#6
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Who saw the interview with Roy Sinor, former NCRS National Judging Chairman and Craig Jackson, CEO of BJ.? Mr.Sinor appears to be contracted to BJ for "certification" of mid year cars, and he certainly know what he's doing. It looks like a CYA program in place for BJ based on past issues. Dennis
#7
How about the 78 Pace Car with 29 miles on it sell for 75K!!!!!! I know it had an L82 and 4 speed, but my gosh...that's HUGE money...are they coming back???? I guess mine with 76 miles on it is worth 60K....lol...WOW....ARA
#8
Melting Slicks
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Who saw the interview with Roy Sinor, former NCRS National Judging Chairman and Craig Jackson, CEO of BJ.? Mr.Sinor appears to be contracted to BJ for "certification" of mid year cars, and he certainly know what he's doing. It looks like a CYA program in place for BJ based on past issues. Dennis
My interpretation is...........He was contracted by BJ to verify that documents presented by Sellers, are legitimate.
This is a good thing.
#9
Le Mans Master
The BIG MONEY people do not get to the Auction till Friday afternoon and evening plus all day Sat. that is when you will see the prices for cars go up. Also when they see the little red light from the camera go on and they get to have there 15 seconds of fame on TV that helps drive up the prices as well. Just like other Auctions they know when the big money people come so before that time they will run cheaper cars across the Auction floor, also after the Ron Pratt's and or the big money people leave Sat. night the cheaper cars will come back across the Auction floor again. Makes for a good DOG and PONY Show for TV. It will be the same at the Mecum Auction in Kissimmee next week. Remember that people can ask anything they want for there car but getting there asking price may be a different story. That is why they have a protective price on them
Last edited by Mike Terry; 01-16-2014 at 01:15 PM.
#10
It's the '64's time (2014)
50 Year Anniversary and all should bring some hype
besides, the '64 is much nicer and better than tat '66 example
As far as that '66 goes, I didn't realize it was at auction in AZ since that location is 1 block from me in NYC at 27th and 11th. If I have time (busy at work), I'll try to get out earlier and stop by to see if they still have this '66.
50 Year Anniversary and all should bring some hype
besides, the '64 is much nicer and better than tat '66 example
As far as that '66 goes, I didn't realize it was at auction in AZ since that location is 1 block from me in NYC at 27th and 11th. If I have time (busy at work), I'll try to get out earlier and stop by to see if they still have this '66.
#12
Safety Car
You have no idea what the conditions of the cars are unless you are there to inspect them in person. There are some real trophy winners at barrett-jackson, but there are also some turds that look nice on stage, but have frame and or birdcage issues. I will go so far as to say that there are people, who are lacking morals, that use Barrett-Jackson as a venue to make money selling polished turds. Buyer beware as always.
#13
Racer
There's going to be a white 63 SWC auctioned on Friday. I saw this car in person, when I was in Seattle. Its not a matching # car, but they played with the words - - in the description. "right motor" for the year. Can't wait to see what it goes for. Alot of suckers out there in Phoenix !
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#16
The '64 appears very clean and comes certified (documented) as what it says it is. There's your premium.
EDIT: I'm adding the Hagerty's Valuation Tool report; 1964/1966 Coupe 300 HP. I made a few notations; a #1 '64 sold for $67k last December. If you review the #1 conditions between 1964 vs 1966, the 1964 is higher, as I noted in green and red additional markings.
http://www.hagerty.com/valuationtool...port?vc=343189
Last edited by ifitgoesfast; 01-16-2014 at 01:18 PM. Reason: added chart
#17
Safety Car
I believe it hammered at $38,000. However, I think the car is still at the dealer since inventory shows it's still for sale at internet special price of $69,000. One thing to keep in mind as far as value goes is that this '66 has a small block in it; who knows if born with engine or NOM. The condition is driver from the pics; I can verify after work if it's still there (1 block from my office). Much is unknown about this '66. There's your lack of premium, in addition to small blocks being worth about the same as for '64's with same HP.
The '64 appears very clean and comes certified (documented) as what it says it is. There's your premium.
EDIT: I'm adding the Hagerty's Valuation Tool report; 1964/1966 Coupe 300 HP. I made a few notations; a #1 '64 sold for $67k last December. If you review the #1 conditions between 1964 vs 1966, the 1964 is higher, as I noted in green and red additional markings.
http://www.hagerty.com/valuationtool...port?vc=343189
The '64 appears very clean and comes certified (documented) as what it says it is. There's your premium.
EDIT: I'm adding the Hagerty's Valuation Tool report; 1964/1966 Coupe 300 HP. I made a few notations; a #1 '64 sold for $67k last December. If you review the #1 conditions between 1964 vs 1966, the 1964 is higher, as I noted in green and red additional markings.
http://www.hagerty.com/valuationtool...port?vc=343189
My taste and pocketbook are much more into driver vettes than investment trophies.
#18
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The same service was offered to Mecum, but they weren't interested.
#20
Disc brakes would see a slight insignificant premium over drums, but not so much the interior; actually the '64's is preferred in some cases. Where many people seem to go wrong, IMHO, is comparing 427 BB '66's to 327 SB '64's. Values are through the roof on 427 BB's '66's, but not so much for 327 SB's '66's. So it's a mistake to assume a '66 in general values significantly higher than '64's. The engines are the differences. IMO