Barrett-Jackson circus
#21
#22
Race Director
#23
Le Mans Master
To me, B/J is too much hype, smoke and mirrors. With Steve Davis and his sunglasses, to the "chassis cam". They show a restored car with little or no miles underneath. What do they expect to see...mud? And why is there always 300 people on the "block"? Plus, the commentators (thats another story) will say "the block" thousands of time. I mute the volume so I don't have to listen to the comments, personal opinions, and such. Mecum to me is a much better auction, but the commentators suck there too for the most part.
#24
YUP....been saying for years that B/J is the worst thing to happen to the "Common" car lover that maybe wants to have a couple a Hot Rods in their garage. With the filthy rich bidding way over market price then it's only gonna drive the prices up more and more. Use to think that I may one day be able to get a nice average late 60's to 70 (no later) muscle car for hopefully under 50-K. Looks like now that number is close to doubling.....
Last edited by windyC6; 01-26-2018 at 02:19 PM.
#25
Just have to remember the Barrett-Jackson circus for what is really is, guys with too much money, getting into bidding wars for bragging right ownership against other guys like themselves.
If your going there to look for deals, it not going to happen, and if you go to try to sell the car at a later date and you where one of the guys gilded into a bidding war for bragging rights that did pay way to much money for it in the first place, better pray that when you take the car back to resell at another Barrett-Jackson circus event, there are new guys just as gullible as you where when you bought it in the first place.
If your going there to look for deals, it not going to happen, and if you go to try to sell the car at a later date and you where one of the guys gilded into a bidding war for bragging rights that did pay way to much money for it in the first place, better pray that when you take the car back to resell at another Barrett-Jackson circus event, there are new guys just as gullible as you where when you bought it in the first place.
Last edited by Dano523; 01-27-2018 at 01:58 AM.
#26
Pro
No reserve auctions are a risk to the seller. If you have a big dollar car you will have a buy bidder there in case the car does not get many bids to buy your car. For that reason I like the Mecum Auction which most cars are sold with a reserve.
#27
Pro
I've been to both BJ and Mecum. They both are great a experience. It's like an ultimate car show but the cars are for sale. I have bought a C3 at Mecum Indianapolis before. You can find a decent deal on some cars at both early in the week. Most of the cars going for BIG money are the rare ones or the original ones with very low miles. Yes some of the very well done resto mods have gone up in price also. The Big money cars sell on Friday and Saturday usually to rich folks at both auctions. I've seen cars sell for less than what the builder/restorers probably have in just the engine. Yes the biggest difference in BJ and Mecum is the reserve vs no reserve sales. The Mecum's will sometimes cut the 10% premium for the seller and sometimes the buyer to get the reserve off and make a deal where BJ don't have to because 99% of their sales are no reserve. But no reserve can mean a descent deal sometimes if not many serious bidders.
#28
Burning Brakes
My friend sold a retro truck there. He took a bath. Once you add up shipping from Canada, and paying 10% of the final price I don't think it was worth it for him.
#31
Race Director
Everyday guys buying cars as an economic investment is like trying to time the stock market; it doesn't work very well for the vast majority of people.
#32
Drifting
I always understood the buyer paid the fees on top of sale price not seller
I always dvr BJ and enjoy it but will mostly fast forward to cars that interest me for the most part. I do like to sit down and watch the Saturday night auction and dream a LITTLE
I just don't get these restomods and customs bringing the kind of money they do. I realize it takes a LOT to build them like that but i just do not see those cars increasing in value
My 2 favorite BJ cars sold were the Batmobile and the Olds F88 designed by Harley Earl. The buyer for the Olds actually sat in the car and would not back down from any bid
Naturally seeing Rick Hendrick buy first C7 was cool too
Last edited by tprice; 01-27-2018 at 07:51 AM.
#33
Le Mans Master
I've gone every year, last 10 years. Good entertainment if you relax and take it that way. I know some of the big rollers. Often they're exchanging cars in their respective collections, much like art or stamp collectors do. I've seen guys buy back the very same car they sold two years earlier.
It is just a different universe, with people in such a different financial state as the average person that nothing makes sense to most of us, including me. Same thing as going to an NFL game and observing the actions of a couple hundred multi-millionaires who also live in a different universe than most of us.
It is just a different universe, with people in such a different financial state as the average person that nothing makes sense to most of us, including me. Same thing as going to an NFL game and observing the actions of a couple hundred multi-millionaires who also live in a different universe than most of us.
Last edited by BlindSpot; 01-27-2018 at 09:17 AM.
#34
I always understood the buyer paid the fees on top of sale price not seller
I always dvr BJ and enjoy it but will mostly fast forward to cars that interest me for the most part. I do like to sit down and watch the Saturday night auction and dream a LITTLE
I just don't get these restomods and customs bringing the kind of money they do. I realize it takes a LOT to build them like that but i just do not see those cars increasing in value
My 2 favorite BJ cars sold were the Batmobile and the Olds F88 designed by Harley Earl. The buyer for the Olds actually sat in the car and would not back down from any bid
Naturally seeing Rick Hendrick buy first C7 was cool too
I always dvr BJ and enjoy it but will mostly fast forward to cars that interest me for the most part. I do like to sit down and watch the Saturday night auction and dream a LITTLE
I just don't get these restomods and customs bringing the kind of money they do. I realize it takes a LOT to build them like that but i just do not see those cars increasing in value
My 2 favorite BJ cars sold were the Batmobile and the Olds F88 designed by Harley Earl. The buyer for the Olds actually sat in the car and would not back down from any bid
Naturally seeing Rick Hendrick buy first C7 was cool too
#35
Le Mans Master
BJ is many jerks competing to show off how much money they can toss away. IMO, if you want a collector car and don't wish to play chicken with the monied swells at BJ, check out a Silver. Common cars for common guys who simply like classic cars.
#36
#37
Instructor
#40
Pro