Barrett Jackson Corvettes- Update
Thread Starter
Race Director
Joined: Feb 2005
Posts: 16,100
Likes: 17
Barrett Jackson Corvettes- Update
1978 Coupe $19K
1971 coupe LS-5 $54K
1965 Vette resto-mod $102,600
1962 Vert 327 $60,480
1991 Coupe ZR-1 $32,670
1977 Coupe $9,180
1982 Col coupe $28,080
1971 Corvette Ferrari Daytona Relica $46,440
1963 Split window coupe 327 $108,000
1971 coupe LS-5 $54K
1965 Vette resto-mod $102,600
1962 Vert 327 $60,480
1991 Coupe ZR-1 $32,670
1977 Coupe $9,180
1982 Col coupe $28,080
1971 Corvette Ferrari Daytona Relica $46,440
1963 Split window coupe 327 $108,000
Race Director
Joined: Feb 1999
Posts: 19,659
Likes: 34
From: Lenoir City Tennessee
Ci 6, 8 & 10 Veteran
St. Jude Donor '05-'06-'07-'08-'09-'10-'11-'12-'13-'14-'15
Originally Posted by rihwoods
Think there are 100 Corvettes on the list....Barrett is trying to pump the vette market up,IMO...
I kind of wish they would stay away from us. Let us have our vettes and they can keep the "Muscle Cars."
I like my vettes, semi affordable.
Drifting
Joined: Oct 2004
Posts: 1,496
Likes: 1
From: Lafayette Louisiana
Are those the hammer prices or do they include all the fees and commissions BJ charges? I watched a few minutes last night and they explained the difference between the price on the block and the price displayed on the website. With an 8% commission and an auction fee, I can see how you would feel some of them may be over priced. But hey, thats the reason sellers keep bringing them cars. They constantly brag about how they can get the absolute most money at BJ auctions.
Corvette Stories
The Best of Corvette for Corvette Enthusiasts
Top 10 Most Expensive Corvettes Ever Sold on Bring A Trailer
Brett Foote
10 Things Every Corvette Owner Needs (2026 Edition)
Michael S. Palmer
8 Most "Only Corvette Owners Understand" Quirks and Problems
Pouria Savadkouei
10 Reasons the C6 Z06 is Still A Performance Benchmark After 20 Years
Joe Kucinski
How Much Horsepower Every Corvette Engine "LOST" in 1972
Joe Kucinski
Top 10 DOs and DON'Ts for Protecting Your Convertible Top!
Michael S. Palmer
Top 10 Most Explosive Corvettes Ever Made: Power-to-Weight Ratio Ranked!
Joe Kucinski
150 hp to 1,250 hp: Every Corvette Generation Compared by the Specs That Matter
Joe Kucinski
8 Coolest Corvette Pace Cars (and Replicas) of All Time
Verdad Gallardo
Le Mans Master
Joined: Oct 2001
Posts: 5,943
Likes: 3
From: Wildwood IL
Originally Posted by kevinator80
They constantly brag about how they can get the absolute most money at BJ auctions.
Eddie
Thread Starter
Race Director
Joined: Feb 2005
Posts: 16,100
Likes: 17
Been trying to figure that out(hammer price).....The hammer price on that 65 Resto-mod vette the other day was $102,600....then last night they listed sale at $95,000....I hear seller/buyer both pay Barrett either 8% and 5% upon sale...rough calculation: 8%x 102,600=(8208) difference=94,392....
Last edited by rihwoods; Jan 19, 2006 at 11:07 AM.
Le Mans Master
Joined: Jun 2004
Posts: 9,289
Likes: 16
From: Skippack PA
St Jude Donor '13
Originally Posted by rihwoods
Been trying to figure that out(hammer price).....The hammer price on that 65 Resto-mod vette the other day was $102,600....then last night they listed sale at $95,000....I hear seller/buyer both pay Barrett either 8% and 5% upon sale...rough calculation: 8%x 102,600=(8208) difference=94,392....
Prices at those auctions are always higher. The quality of the vehicles, the quality of the presentation(including the venue), the reputation of BJ and the inevitable auction fever will always make prices higher than "street" prices. I've been to enough industrial auctions to see the power of auction fever, as people pay sometimes MORE for a used piece of machinery than they could get it new.
Race Director
Joined: Sep 1999
Posts: 11,361
Likes: 383
From: Plano TX
Buyer and seller each ay 8%. The buyer also pays a listing fee that depends on what day they want the auction.
If the hammer price is $100K, the buyer will pay $108K and the seller will receive $92K. So BJ makes $16K + listing fee which is a few hundred. No wonder BJ can afford the huge tents and plasma screens.
If the hammer price is $100K, the buyer will pay $108K and the seller will receive $92K. So BJ makes $16K + listing fee which is a few hundred. No wonder BJ can afford the huge tents and plasma screens.
Thread Starter
Race Director
Joined: Feb 2005
Posts: 16,100
Likes: 17
Originally Posted by zwede
Buyer and seller each ay 8%. The buyer also pays a listing fee that depends on what day they want the auction.
If the hammer price is $100K, the buyer will pay $108K and the seller will receive $92K. So BJ makes $16K + listing fee which is a few hundred. No wonder BJ can afford the huge tents and plasma screens.
If the hammer price is $100K, the buyer will pay $108K and the seller will receive $92K. So BJ makes $16K + listing fee which is a few hundred. No wonder BJ can afford the huge tents and plasma screens.
Racer
Joined: Nov 2005
Posts: 478
Likes: 0
From: Ellicott City MD
Originally Posted by rihwoods
Think there are 100 Corvettes on the list....Barrett is trying to pump the vette market up,IMO...
Thread Starter
Race Director
Joined: Feb 2005
Posts: 16,100
Likes: 17
Originally Posted by TheKomoman
That math is backwards.... auction price x 1.08 gives you the total - 95,000 x 1.08 = 102,600. BJ gets 8% from each, but they're not showing you the seller's 8% in that price, only the total of what the buyer paid.
Prices at those auctions are always higher. The quality of the vehicles, the quality of the presentation(including the venue), the reputation of BJ and the inevitable auction fever will always make prices higher than "street" prices. I've been to enough industrial auctions to see the power of auction fever, as people pay sometimes MORE for a used piece of machinery than they could get it new.
Prices at those auctions are always higher. The quality of the vehicles, the quality of the presentation(including the venue), the reputation of BJ and the inevitable auction fever will always make prices higher than "street" prices. I've been to enough industrial auctions to see the power of auction fever, as people pay sometimes MORE for a used piece of machinery than they could get it new.
Thread Starter
Race Director
Joined: Feb 2005
Posts: 16,100
Likes: 17
It is a mixed bag of cars..most ligit,.fully restored,some survivors and others of quetionable originallity...also noticed a trend of more buyers wanting resto-mods.....
How about the Amphicar going for over $100,000 ....????
How about the Amphicar going for over $100,000 ....????
Le Mans Master
Joined: Jun 2004
Posts: 9,289
Likes: 16
From: Skippack PA
St Jude Donor '13
Originally Posted by rihwoods
OK...but on tuesday night hammer price was 102,600....then last night they showed it at 95,000 in the list of top sellers....
Sorry, didn't realize that's what you meant. I wonder if something happened with the winning bidder and the price dropped back to the previous bidder.
Strange that the 102600 is 8% more than the 95000. 8% on top of "hammer price" is definitely how it works though.
Thread Starter
Race Director
Joined: Feb 2005
Posts: 16,100
Likes: 17
Originally Posted by TheKomoman
Sorry, didn't realize that's what you meant. I wonder if something happened with the winning bidder and the price dropped back to the previous bidder.
Strange that the 102600 is 8% more than the 95000. 8% on top of "hammer price" is definitely how it works though.
Strange that the 102600 is 8% more than the 95000. 8% on top of "hammer price" is definitely how it works though.
