Cheap ‘68 on Barrett
Team Owner
Joined: Feb 2003
Posts: 53,988
Likes: 9,355
From: Sitting in his Nowhere land Hanover Pa
2024 C2 of the Year Finalist - Unmodified
2015 C2 of Year Finalist
Team Owner
Joined: Oct 1999
Posts: 34,034
Likes: 222
From: Land of Thunder
2018 C2 of Year Finalist
St. Jude Donor '12-'13-'14-'15, '19
Burning Brakes
Joined: Jan 2010
Posts: 958
Likes: 88
From: Rexburg Idaho
I have noted that those cars don't look that good when seen in person. You can always manipulate the worst car to look good with the right angel, lighting or not showing the disappointing views and lets not forget using great lines like "believed to have 30,000 original miles". Remember their money is generated by the price of sales and in a skillful manner of appealing to future buyers, maybe not at this action but the next one. Can't you hear one friend saying to the other, boy Barrett sold a nice looking 69 Corvette for only $31,000. As the discussion continues, one says let go to the next action and buy one at that price. I think most of the time sellers pay to ship their car there and pay a premium price to sell their car because they can't find a local buyer due to a poor restoration.
Team Owner
Joined: Jan 2006
Posts: 37,637
Likes: 3,114
From: Crossville TN
There are TONS of good cars that never go across the auction block. There are several huge tents outside the Scottsdale show building where some really nice (but not auction block worthy) cars can be closely checked and sold. If someone wants to buy about ANY year/configuration of C3, spend a couple of days at the Scottsdale show on Tues-Thurs.
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Dr. Detroit
Joined: Mar 2012
Posts: 10,095
Likes: 4,022
From: New Braunfels Texas
The cars that go through early are always on the low side as bidders simply are not there yet.........seen some crazy deals over the years........once seen a nut/bolt restored GTO clone sell no reserve for 15k.......a clone yes, but you can't even touch a clapped out lemans for that.....this was on a Thursday if I recall......
Jebby
Jebby
Thread Starter
Administrator
Joined: Jul 2000
Posts: 53,972
Likes: 6,197
From: About 1100 miles from where I call home.
There are TONS of good cars that never go across the auction block. There are several huge tents outside the Scottsdale show building where some really nice (but not auction block worthy) cars can be closely checked and sold. If someone wants to buy about ANY year/configuration of C3, spend a couple of days at the Scottsdale show on Tues-Thurs.
The cars that go through early are always on the low side as bidders simply are not there yet.........seen some crazy deals over the years........once seen a nut/bolt restored GTO clone sell no reserve for 15k.......a clone yes, but you can't even touch a clapped out lemans for that.....this was on a Thursday if I recall......
Jebby
Jebby
Race Director
Joined: Oct 2008
Posts: 19,144
Likes: 1,667
From: Long Island
I've been to a few, did not think , the cars were worth the money bid and selling price .
I could have done better locally or within 250 miles of home. I did do better locally.
But it is fun … to go ..
I could have done better locally or within 250 miles of home. I did do better locally.
But it is fun … to go ..
Safety Car
Joined: Apr 2007
Posts: 3,849
Likes: 367
From: PHOENIX AZ. WHAT A MAN WON"T SPEND TO GIVE HIS ASS A RIDE
There are TONS of good cars that never go across the auction block. There are several huge tents outside the Scottsdale show building where some really nice (but not auction block worthy) cars can be closely checked and sold. If someone wants to buy about ANY year/configuration of C3, spend a couple of days at the Scottsdale show on Tues-Thurs.
Race Director
Joined: Oct 2008
Posts: 19,144
Likes: 1,667
From: Long Island
At the auctions I went to there were a lot of "auction prepped" cars. The top / paint was great, the rest not so much. There are 2 cars at a local restorer that were auction cars that came in for a clean up after purchase, one currently has $25k in work, the other is still getting it's rehab and will be over that.
Remember if you bid on a:
$30k car
$3k auction fee
$3k (up to sales tax)
$2k shipping
So that $30k car costs $38k.
Remember if you bid on a:
$30k car
$3k auction fee
$3k (up to sales tax)
$2k shipping
So that $30k car costs $38k.
Melting Slicks
Joined: Oct 2003
Posts: 2,144
Likes: 806
From: Chapel Hill NC
2025 c3 ('68-'73) of the Year Finalist - Unmodified
2025 C4 of the Year Finalist - Unmodified
2025 C8 Stingray of the Year Finalist - Unmodified
I go to several auctions a year (never buy but enjoy looking) and generally speaking, the cars look better in the pictures and on TV than they do "in person". In addition, IMHO, although Ive seen some really good deals most cars go for more than what there're worth especially when you and in fees and shipping.
Melting Slicks
Joined: Sep 2007
Posts: 2,387
Likes: 123
From: CA.
I go to several auctions a year (never buy but enjoy looking) and generally speaking, the cars look better in the pictures and on TV than they do "in person". In addition, IMHO, although Ive seen some really good deals most cars go for more than what there're worth especially when you and in fees and shipping.
Thread Starter
Administrator
Joined: Jul 2000
Posts: 53,972
Likes: 6,197
From: About 1100 miles from where I call home.
At the auctions I went to there were a lot of "auction prepped" cars. The top / paint was great, the rest not so much. There are 2 cars at a local restorer that were auction cars that came in for a clean up after purchase, one currently has $25k in work, the other is still getting it's rehab and will be over that.
Remember if you bid on a:
$30k car
$3k auction fee
$3k (up to sales tax)
$2k shipping
So that $30k car costs $38k.
Remember if you bid on a:
$30k car
$3k auction fee
$3k (up to sales tax)
$2k shipping
So that $30k car costs $38k.
Also, depending on the venue and your choice of payment, some auctions are very easy to get bidder passes while some others require more stringent details, causing you to do things like finance just for the event and pay off quickly later... but you have to keep in mind early payoff fees that are extra costs. It’s all pieces on a chess board.
As well, as a seller you have to have the above numbers laser focused in your head because you never want to be making decisions like dropping reserves, etc when an Assistant is bearing down on you on stage and there’s a TV camera in your face.