Barrett-Jackson 2015
Thread Starter
Melting Slicks
Joined: Oct 2013
Posts: 3,006
Likes: 477
From: Las Vegas Nevada
I don't quite understand the comments made about Barrett-Jackson 
They are not in the industry to set value on vehicles, like the Dupont Registry or something. They are just in business to move inventory. They are auctioneers. What I like about them is the inventory they do move - without reserve. An average person can go to one of their events and buy or sell and average car at a descent price. And if you go to the right event (not in Scottsdale or Monterey) you can usually get it for less than it's worth. Plus, legs...
They are not in the industry to set value on vehicles, like the Dupont Registry or something. They are just in business to move inventory. They are auctioneers. What I like about them is the inventory they do move - without reserve. An average person can go to one of their events and buy or sell and average car at a descent price. And if you go to the right event (not in Scottsdale or Monterey) you can usually get it for less than it's worth. Plus, legs...
Team Owner
Joined: Jul 2006
Posts: 97,155
Likes: 1,471
From: Calgary, AB. There's a reason why white was the only color offered on every year Corvette. Proud Canadian German Jamaican!
St. Jude Donor '09, '12-'13-'14-'15-'16-'17
This was not just a plain Jane C7 (if there is such a thing), as some have failed to realize.
For those who did not follow the auction...it was a '16 Z06, VIN #1. Yes, it was for charity. If the car is not driven, it will NEVER go down in value. Every VIN #1 Corvette in history has skyrocketed in value.
I have never heard BJ Auctions claim that their vehicle values have any bearing on daily drivers. So, you are correct, they have no bearing on YOUR car, or MY car, but they are 100% spot on for the vehicle they were selling, as proven by the bid amount. If you were to own a vehicle that is identical in EVERY regard to one that sold on BJ for "X" amount, yours undeniably has a similar value, if sold at a BJ auction. To say otherwise is to dismiss the auction results entirely. Yes, it is entertainment, and it is also reality.
It is not intended to imply that your C7 is worth $500,000, nor anyone else's.
BJ auction vehicles have little bearing on values of normal, street-driven cars. But, those are not the cars for sale. You have to compare apples to apples...
For those who did not follow the auction...it was a '16 Z06, VIN #1. Yes, it was for charity. If the car is not driven, it will NEVER go down in value. Every VIN #1 Corvette in history has skyrocketed in value.
I have never heard BJ Auctions claim that their vehicle values have any bearing on daily drivers. So, you are correct, they have no bearing on YOUR car, or MY car, but they are 100% spot on for the vehicle they were selling, as proven by the bid amount. If you were to own a vehicle that is identical in EVERY regard to one that sold on BJ for "X" amount, yours undeniably has a similar value, if sold at a BJ auction. To say otherwise is to dismiss the auction results entirely. Yes, it is entertainment, and it is also reality.
It is not intended to imply that your C7 is worth $500,000, nor anyone else's.
BJ auction vehicles have little bearing on values of normal, street-driven cars. But, those are not the cars for sale. You have to compare apples to apples...
Had this car not been for charity do you really think it would've fetched 500k, not a chance so NO, BJ Auctions has no baring on any car's value, not mine, not yours, not any rare vehicle that crosses it's block. I've never heard of someone comparing their car to one that crossed BJ's saying "well at BJ a 1955 300 SL fetched 3 million"...no one uses BJ as a gauge as to what vehicles are worth....at least no one who is seriously into buying and selling cars.
BJ is a circus that just happens to auction cars, it's very entertaining and some what educational but only in the sense that the commentators list off interesting facts about cars that cross the block but that's it.
Last edited by themonk; Sep 27, 2015 at 10:08 PM.
Team Owner
Joined: Dec 2003
Posts: 57,408
Likes: 164
From: queensbury ny
$103,400 '15 3LT Z51 $76225 msrp, factory Z06 body kit, custom paint, WeaponX aero kit, ProCharger 540rwh, CAI, Borla X-pipe/exhaust, 2500 miles.
Thread Starter
Melting Slicks
Joined: Oct 2013
Posts: 3,006
Likes: 477
From: Las Vegas Nevada
They usually don't attract those kinds of buyers/sellers.
That's more Mecum, Manheim, Luxury, Sotheby, etc.
Drifting
Joined: Jun 2014
Posts: 1,440
Likes: 57
From: Chicago Illinois
