Barrette/Jackson
Race Director
Joined: Jan 2004
Posts: 18,727
Likes: 711
From: Bergen County, NJ
Race Director
Joined: Jan 2004
Posts: 18,727
Likes: 711
From: Bergen County, NJ
Burning Brakes
Joined: Oct 2006
Posts: 1,011
Likes: 6
Team Owner
Joined: Jan 2004
Posts: 38,772
Likes: 621
From: Boston MA
St. Jude Donor '06-'07-'08,'12-'13
Burning Brakes
Joined: Jun 2004
Posts: 1,186
Likes: 21
From: West Tennessee
How many remember...
In early 1971, we wnt to the Dodge dealer to buy a car, ended up with a leftover 70 Charger RT 440/auto. I remember the sales manager trying to sell us a winged daytona. He had two in stock and could not move them, one being a Hemi car. He offered the 440 wing car for $300 less than we paid for the RT. If I remember right, the winged 440 could be has for around 3800-4000. At that time, even at 20 years old, I thought the winged cars looked stupid! Crazy
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Pro
Joined: Mar 2006
Posts: 595
Likes: 1
From: Columbus Ohio
I just looked at the Barrett-Jackson website. The lot number of the 1967 "Last String Ray" is 1285. By the B-J schedule, it should be sold on Saturday, January 20th. Time of sale unknown. Speed Channel has B-J scheduled from 2 P.M. until 12 A.M. Till midnight??? How can we survive this marathon live B-J broadcast over four days, let alone most of the day 1/20?
Gburg
Gburg
Last edited by Gburg; Jan 11, 2007 at 11:04 AM.
Le Mans Master
Joined: Feb 2006
Posts: 5,762
Likes: 4
From: Chandler Arizona
I still think Barrett Jackson has ficticously created this collector car market. In my opinion, they have hyped it up to way above where it should be. But then again, they've done this because it's good for THEIR business.
I saw non-original MOPAR cars going for over $100,000 last year. That is just rediculous! I think if Barrett Jackson had never existed you would still be able to buy a nice late 60's muscle car for a decent price. Now everyone thinks their car is worth a lot more because of this televised car buying frenzy event.
I saw non-original MOPAR cars going for over $100,000 last year. That is just rediculous! I think if Barrett Jackson had never existed you would still be able to buy a nice late 60's muscle car for a decent price. Now everyone thinks their car is worth a lot more because of this televised car buying frenzy event.
Burning Brakes
Joined: Sep 2006
Posts: 1,061
Likes: 106
From: The Natures Coast/Caribbean
I live in the Phoenix area and I refuse to go to Barrett Jackson. It's way too hard to see cars that my friends and I used to own go for that much! Back in the late 60's we had Boss 302's, Superbirds, Z28's, even Cobras. I passed on a 63 split window with a fuelie engine for $1900 because the insurance was too expensive!
all together I had> 2 66 GTO
1 67 GTO
1 69 GTO with hideaway light's> all GTO"s 4 speed of course.
1 64 Impala SS
Burning Brakes
Joined: Sep 2006
Posts: 1,061
Likes: 106
From: The Natures Coast/Caribbean
I still think Barrett Jackson has ficticously created this collector car market. In my opinion, they have hyped it up to way above where it should be. But then again, they've done this because it's good for THEIR business.
I saw non-original MOPAR cars going for over $100,000 last year. That is just rediculous! I think if Barrett Jackson had never existed you would still be able to buy a nice late 60's muscle car for a decent price. Now everyone thinks their car is worth a lot more because of this televised car buying frenzy event.
I saw non-original MOPAR cars going for over $100,000 last year. That is just rediculous! I think if Barrett Jackson had never existed you would still be able to buy a nice late 60's muscle car for a decent price. Now everyone thinks their car is worth a lot more because of this televised car buying frenzy event.
have it.And like the power behind purchasing at B J's.I really think,mostly bought by museum's and collector's
Le Mans Master
Joined: May 2005
Posts: 6,659
Likes: 828
From: FORT LAUDERDALE FL
and, lets not even go to the FACT that alot of sellers are bidding on their own cars
. i.e.: would you let a $100,000+ car go for $42,000 on a "no reserve" basis?
i don't think so! bid on you car when it's low, buy it back (pay the 16%) and try another time. some cars are a "no brainer" at a no reserve auction. 75% of the cars are at HIGH risk of under selling. am i preaching to the wall here? yes, the BJ folks do a GREAT job and have an outstanding venue (i have attended for the past 11 years, including this year)
. but "ghost" bidding is a fact of life when there are big $'s at stake. ALOT of the sellers here are "dealers" and "hobby for a profit" collectors. these "freshly restored" muscle cars just don't come out of the woodwork for this sale. they are restoring next years run list right now!!!!
. i.e.: would you let a $100,000+ car go for $42,000 on a "no reserve" basis? i don't think so! bid on you car when it's low, buy it back (pay the 16%) and try another time. some cars are a "no brainer" at a no reserve auction. 75% of the cars are at HIGH risk of under selling. am i preaching to the wall here? yes, the BJ folks do a GREAT job and have an outstanding venue (i have attended for the past 11 years, including this year) . but "ghost" bidding is a fact of life when there are big $'s at stake. ALOT of the sellers here are "dealers" and "hobby for a profit" collectors. these "freshly restored" muscle cars just don't come out of the woodwork for this sale. they are restoring next years run list right now!!!!
Burning Brakes
Joined: Oct 2005
Posts: 1,198
Likes: 0
From: Tucson Arizona
why not just take a beatin' with a strop
Traffic in and out is horrendous.
Parking is non existent if you don't get there before dawn. The parking lots are dirt and if it rains, take your rubbers. It has gotten so popular that its a Benjamin for two people to simply get in the door.
If you're in to paying a king's ransom for looking at neat old cars under a tent, rock on.
If you're not in to hassles like a NASCAR event, wave at the TV, I'm watching it there.
Parking is non existent if you don't get there before dawn. The parking lots are dirt and if it rains, take your rubbers. It has gotten so popular that its a Benjamin for two people to simply get in the door. If you're in to paying a king's ransom for looking at neat old cars under a tent, rock on. If you're not in to hassles like a NASCAR event, wave at the TV, I'm watching it there.
Burning Brakes
Joined: Jan 2005
Posts: 816
Likes: 0
I enjoy watching every minute that I can of the BJ. It is all hype but exciting. Have you noticed that we now have cars described as "reproductions" and "recreations", as well as restorations. Big $$$ is being paid for something less than the real thing. We now have NOS (new old stock) versions of muscle cars being created just for the collector market.
Has anyone ever heard of "Gresham's Law"? Over time it is going to be very difficult to sort out these cars, i.e. which are original and which are "recreations", or in Gresham's terms which are "good money" and which are "bad money".
When Ferrari's were very hot, there were a number of "recreations" of Ferrari racing cars built, that were hard to distinguish from the originals. These things are still floating about and from time to time fool people. How much is a "recreation" of a Picasso worth?
Has anyone ever heard of "Gresham's Law"? Over time it is going to be very difficult to sort out these cars, i.e. which are original and which are "recreations", or in Gresham's terms which are "good money" and which are "bad money".
When Ferrari's were very hot, there were a number of "recreations" of Ferrari racing cars built, that were hard to distinguish from the originals. These things are still floating about and from time to time fool people. How much is a "recreation" of a Picasso worth?
Instructor
Joined: Jul 2006
Posts: 166
Likes: 5
From: Littleton CO
Like most of you, I am amazed at the selling prices of cars similar to those I have owned in the past. While I wish I could have kept them all, I am happy that I was able to hang on to a couple of those cars. I don't expect to realize B-J prices, however every sale at B-J hopefully increases the amount I will realize when I sell.
Le Mans Master
Joined: Mar 2000
Posts: 6,560
Likes: 4
From: Tobacco Road NC
It's outrageous, but it's the best car show in the world. You don't even have to go into the big tent if the big money offends. Just walking around outside in the field and under the pre-sale tents is a cargasm. Think I'll go Tues and Wed.
Le Mans Master
Joined: Feb 2006
Posts: 5,762
Likes: 4
From: Chandler Arizona
After that, it was a brand new 1973 Z28 LT Rally Sport. Talk about a deal, a loaded Z28 for $4222 brand new! Since then it's been 1966 Porsche 912, 1974 914, 1974 911 (I was into autocrossing), new 1994 Z28 6 speed, used 2001 Z28 6 speed, and now the best car I've ever owned, a 2006 Corvette.
I still get a chance to drive the old cars. My neighbor had a 64 Vette. To tell you the truth, those cars rode rough and handled so-so. Think about what we have today. A car that drives like a Honda Accord around town, rides great, handles great, and when you hit the loud pedal will run the quarter mile in the 12's! That is unbelievable.