george511

Did you see those prices?
many cars that sold for 65k last year sold for 130k this year
who are these people with big money like that?
I predict car insurance for a car like that will be $15 per mile

Not So Fast

It was insanity But there was a lot of big money in the room, when you can turn down $1,000,000 for a 65 Cobra that's saying something
And trucks are really popular aren't they ?
NSF

USA1 427

Mopars have definitely gone up.

myfunz

Wall Street types are now investing in big ticket items, they get a better pay back than the market!

geno01

I think the market is doing great right now. Too much money and a couple of drinks make a lot of difference.

BadAV

The collector car market has certainly recovered and appears to be roaring forward.

LowRyter

greater fool theory.

and it doesn't look like the younger generations care much about cars. and in all honesty, those muscle cars weren't very good cars.

R&L's C6

It's obvious.....some people can have too much money.

C6ToGo

Always wondered how is a pre-bid inspection done at those big auctions?

I would need a thorough test drive and mechanic inspection before i considered bidding on a 40 year old muscle car at Barrett.

dmaxx3500

1969 corvettes on the rise

ONEBADZ

I was there all week. Didn't buy anything but you can get a decent deal on some cars on Monday, Tuesday, or Wednesday. There was a lot of nice 1st Gen Camaros and mid year vettes there. Was a lot of fun. Huge car show.

449er

I would love to attend a B/J auction someday, its on my bucket list!

C6ToGo

Damn....I lost my '69 in the divorce. Ex was told to sell it to pay her $10k lawyer bill. She said she sold to her brother for $400 and I was billed $9600 by her laywer.

BadAV

I attended Las Vegas this year. There were some extremely nice cars there, but the average car looks a lot better on tv than it was in real life. You can buy nicer cars in your local classic car market for less money.

Tj25

Ppl dont know where to put their extra $$$

Dano523

It is what it is, and have seen the bottom fall out of the car investment market a few times so far to know that car investing is not the best of ideas long term.

Hence when the market turns, and someone is really upside down on such, this is when the car's magically gets stolen or entire warehouse of cars catches on fire, so they can can collect on the insurance, instead of taking the hit of the fallen market losses instead.

ONEBADZ

There were several cars that sold for much less than it cost to build them. It's a risk selling at no reserve. They sell a lot that don't make the TV.

Z0SIS

Check out Mecum if you can't get to BJ. Had a great experience there without all of the unnecessary 'stuff' that goes on at BJ.

cmonkey713

I was amazed at the $300K+ market on C-1 and C-2 restomods. Great looking cars but I would be afraid to actually drive on on public streets.

unclecookie

Ouch!