i can say first hand!!
Barrette/Jackson
Race Director
Joined: Jun 2002
Posts: 12,198
Likes: 15
From: Columbia MD
I hear thee. Traded my '58 fuel-injected, 4-speed, super rare heavy-duty suspension Corvette in on a '69 GTO back in 1970 - gave me $1,000 bucks for it. I thought it was a good deal at the time (Corvette motor blown; clutch blown; windshield broken - all happened returning from boot camp in SC). 
Le Mans Master
Joined: May 2005
Posts: 6,659
Likes: 828
From: FORT LAUDERDALE FL
Burning Brakes
Joined: Jul 2004
Posts: 763
Likes: 42
From: Detroit MI
St. Jude Donor '05-'06-'07-'08-'09-'10
It is a fun event. Like an orgy for car people. Lots of hype and BS....and especially drunks.
Some decent deals and some real bad ones. I had the unfortunate job of telling some poor sap that the 427/435 car he had just bought was completely missing its smog system. He had no idea.
Another guy bought an "original" 1969 442 W-30. After he bought it, he went and looked at it on the infield and a few of us Olds guys looked it over. We all noticed that it had "C" heads instead of the proper "D" heads and was most likely a clone. Boy was he pissed.
If there is a messiah for used car salesmen, it is definitely Craig Jackson.
Burning Brakes
Joined: Dec 2006
Posts: 1,003
Likes: 0
From: Phoenix for 6 months Alberta/Arizona
Enjoy watching the auction on TV to see the amazing cars but have often wondered if a few buyers don't get caught up in the hype and spend way more than they can afford.
The most bizarre thing I ever saw was someone who had purchased a car for ~1.8 million and the auctioneer was trying to get to bump the price up to 2 million so he would have the record for that vehicle. Absolutely bizarre.
The most bizarre thing I ever saw was someone who had purchased a car for ~1.8 million and the auctioneer was trying to get to bump the price up to 2 million so he would have the record for that vehicle. Absolutely bizarre.
Burning Brakes
Joined: Jul 2004
Posts: 763
Likes: 42
From: Detroit MI
St. Jude Donor '05-'06-'07-'08-'09-'10
Enjoy watching the auction on TV to see the amazing cars but have often wondered if a few buyers don't get caught up in the hype and spend way more than they can afford.
The most bizarre thing I ever saw was someone who had purchased a car for ~1.8 million and the auctioneer was trying to get to bump the price up to 2 million so he would have the record for that vehicle. Absolutely bizarre.
The most bizarre thing I ever saw was someone who had purchased a car for ~1.8 million and the auctioneer was trying to get to bump the price up to 2 million so he would have the record for that vehicle. Absolutely bizarre.
Team Owner
Joined: Jan 2004
Posts: 38,772
Likes: 621
From: Boston MA
St. Jude Donor '06-'07-'08,'12-'13
I was there last year and Amy Asiter is Hot and verry nice as well
I spoke with her for a littl bit.
Her husband is Spanky Assiter NO
:
He is one of the auctioneers
http://www.tnauctioneers.com/TAA2001b.pdf
I spoke with her for a littl bit.
Her husband is Spanky Assiter NO
:He is one of the auctioneers
http://www.tnauctioneers.com/TAA2001b.pdf
Last edited by burtonbl103; Jan 11, 2007 at 05:37 PM.
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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 "re-creations" 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 "re-creation" 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 "re-creations" 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 "re-creation" of a Picasso worth?
Burning Brakes
Joined: Oct 2006
Posts: 1,011
Likes: 6
Team Owner
Joined: Sep 2006
Posts: 67,022
Likes: 51
From: Beats UD regularly playing 3D chess, and at life
Almost got run over by the "Last 67" when the wife and I took the delivery road as the entrance. We were the only ones walking on the road when it idled by, kind of eerie. Only went for 600K
We were in the auction tent when the CNN Hummer was sold for the Fisher House. Made the hair stand on my arms,
.
