Barrett-Jackson - Page 3

bigshow2966 · 01-22-2011, 09:49 AM

One thing you have to remember, B-J is to auctions what Pinks was to drag racing.....A TV show with a lot of canned drama.

To get the TV time cars have to be put up with no reserve. But, it has been proven that sellers are allowed to bid on their own cars and buy them back for a set fee to avoid taking it up the wazoo on a no reserve sale. The only problem with that is the general public tends to believe it is real.

You have the same problem with E-Bag. Shill auctions ruined for the real world.

Jack Matyas · 01-22-2011, 10:40 AM

Quote:

Originally Posted by Ed Fernandez

Because they overinflate the true value of the cars.Then every a$$hole in the world who has the same car,irregardless of condition ,thinks he has a gold mine.That's why.
You said you feel for us NHRA racers who are getting hosed by the board,well how about the average,true car guy,who's getting indirectly hosed by these rich,drunk,stupid
supposed "car guys"?

Ed - I guess I must be one of those asses - but I really don't care what mine are worth as they're not for sale .But if you owned some of these cars I'm sure your opinion would be different . No one forced any of those buyers to overpay if they indeed did - it's a no reserve auction at Barrett - Jackson ...and yes , I've been there several times to witness the action first hand .

BTW , the circus is coming to town next month - right in your backyard in Atlantic City, New Jersey at the Convention Center - feel free to come as my guest as I have several cars at that auction and I'll be glad to show you around that world .....maybe I'll be able to sway your thoughts on this subject .....or not . And I'm not rich , drunk or stupid . Well maybe I do some dumb things once in a while ............And even you'll have to admit that I'm a true car guy .

Think I'll go out and turn some wrenches in the gold mine ...............

jim powers · 01-22-2011, 11:11 AM

as compared to last year it apperars even in the earlier days of the auction at bj this week the prices seem alot higher than last two years, i don't see it cause i don't see the economy that much better at all. hey jack ,what days are your cars on the block down in ac next month??

Jack Matyas · 01-22-2011, 11:17 AM

Quote:

Originally Posted by jim powers

as compared to last year it apperars even in the earlier days of the auction at bj this week the prices seem alot higher than last two years, i don't see it cause i don't see the economy that much better at all. hey jack ,what days are your cars on the block down in ac next month??

Jimmie - Saturday February 19 , mid afternoon .............

abongi · 01-22-2011, 11:31 AM

Quote:

Originally Posted by Jack Matyas

Ed - I guess I must be one of those asses - but I really don't care what mine are worth as they're not for sale .But if you owned some of these cars I'm sure your opinion would be different . No one forced any of those buyers to overpay if they indeed did - it's a no reserve auction at Barrett - Jackson ...and yes , I've been there several times to witness the action first hand .

BTW , the circus is coming to town next month - right in your backyard in Atlantic City, New Jersey at the Convention Center - feel free to come as my guest as I have several cars at that auction and I'll be glad to show you around that world .....maybe I'll be able to sway your thoughts on this subject .....or not . And I'm not rich , drunk or stupid . Well maybe I do some dumb things once in a while ............And even you'll have to admit that I'm a true.

Think I'll go out and turn some wrenches in the gold mine ...............

I'm with you, Jack. Maybe you can get me a ticket too!

Evan Smith · 01-22-2011, 11:32 AM

A quality frame-off restoration could easily exceed $80-100,000, which seems to be the return on most of the high-end cars. I don't think it is overpaying at all. If you can afford it, who cares how much you spend? If most of us sold our racing operations we could take the money and go bid on a nice $30,000-70,000 car. And there are many nice muscle cars sold in that range.

The problem, or negative affect the TV auctions have, is that the guy with the average car compares his mildly restored, imperfect "driver" to a 100-point professionally done restoration. And from 50 feet two identical-looking cars could be anything but identical. Of course not every car that crosses the block at BJ, Mecum, or the others is a full resto, but the lesser cars go for less money and there are a ton of nicely sold cars at fair market prices.

There is no way a middle-class person making an average wage can come to grips, or have the rational, of a guy who is loaded and can afford to drop hundreds of thousands of dollars on a toy. It's no different than average father walking his son through the pits. These guys oohhh and aaahhh over our cars and trailers and can't even imagine having a race program like many of us have. They probably say, "how do these people afford this?"

If you are in the market for a muscle car, what's better than putting yourself in front of hundreds of potential cars to buy? Even if you overpay a little, it's still cheaper than flying all over the country looking at car after car. Plus they certainly enjoy the excitement of the event.

How many people think we are idiots for spending an entire weekend at a track to get what can amount to less than 5 minutes driving our cars?

No one forces anyone to bring a car there, or to buy a car there.

Jack Matyas · 01-22-2011, 11:50 AM

Quote:

Originally Posted by abongi

I'm with you, Jack. Maybe you can get me a ticket too!

No problem Anthony - you're in ..............

Joe Marcinowski · 01-22-2011, 12:06 PM

I agree with Wade. The entertainment is earlier in the week. After the hammer fell, there were definitely a few sellers behind the tent puking.

borninamopar · 01-22-2011, 12:56 PM

Quote:

Originally Posted by davidhuff

I have to agree this is one great car show.The real market value of a 2007 Shelbygt500 is around $36,000.00.Just tell your friend to drive and enjoy his Shelby!

No, this was a white on white on white 70 or 71 Gt500 with the 428CJ motor in it. I don't remember exactly what he paid for it, but it was ***-stronomic dollars. It looks like a 30,000 dollar car to me, nothing fancy, not a show car.

Larry Fulton · 01-22-2011, 01:24 PM

I'm surprised I didn't see anybody else mention this car....

Was $66,000 (with fees) a good buy?

Lot: 969 - 1969 CHEVROLET CAMARO CONVERTIBLE RACE CAR

Auction: SCOTTSDALE 2011
Sale Price: *$66,000.00
Year: 1969
Make: CHEVROLET
Model: CAMARO
Style: CONVERTIBLE RACE CAR
VIN:
Exterior Color: WHITE/BLUE
Interior Color: BLACK
Cylinders: 8
Engine Size:
Transmission: 3-SPEED AUTOMATIC
Summary: Edmond Richardson's 2 time world champion stock class 1969 Camaro convertible, real Indy Pace Car, that started life as a real Z11 4-speed Pace Car and still has its original Z11 trim tag on the car. Sold on a bill of sale.
Details: Edmond Richardson's 2 time world champion stock class 1969 Camaro convertible, real Indy Pace Car, that started life as a real Z11 4-speed Pace Car and still has its original Z11 trim tag on the car. This is one of the most winning Camaro's in NHRA history. Edmond and his brother Scott both drove this car to world titles in stock class. It has won countless events and has been sponsored by some of the biggest names in the racing world, such as Comp Cams and Borg Warner. Comes with 12 issues of National Dragster Magazine with the car in it. Edmond is ranked 37th out of 50 among the all time most notable drag racers, which was conducted back in the early 2000's, and his brother Scott is also in the top 50. The car has a lot going for it, incredible race history 2 time world champion, had some big sponsors backing the car, raced by a winning driver and to top it off it's a real Pace Car. **SOLD ON BILL OF SALE**

01-22-2011, 09:49 AM	#21
bigshow2966 Senior Member Join Date: Mar 2007 Location: chicago Posts: 654 Likes: 675 Liked 180 Times in 55 Posts	Re: Barrett-Jackson One thing you have to remember, B-J is to auctions what Pinks was to drag racing.....A TV show with a lot of canned drama. To get the TV time cars have to be put up with no reserve. But, it has been proven that sellers are allowed to bid on their own cars and buy them back for a set fee to avoid taking it up the wazoo on a no reserve sale. The only problem with that is the general public tends to believe it is real. You have the same problem with E-Bag. Shill auctions ruined for the real world.

01-22-2011, 11:11 AM	#23
jim powers Member Join Date: Nov 2001 Location: manville nj Posts: 359 Likes: 198 Liked 13 Times in 10 Posts	Re: Barrett-Jackson as compared to last year it apperars even in the earlier days of the auction at bj this week the prices seem alot higher than last two years, i don't see it cause i don't see the economy that much better at all. hey jack ,what days are your cars on the block down in ac next month??

01-22-2011, 11:32 AM	#26
Evan Smith Member Join Date: Nov 2001 Location: Tampa Posts: 400 Likes: 7 Liked 115 Times in 5 Posts	Re: Barrett-Jackson A quality frame-off restoration could easily exceed $80-100,000, which seems to be the return on most of the high-end cars. I don't think it is overpaying at all. If you can afford it, who cares how much you spend? If most of us sold our racing operations we could take the money and go bid on a nice $30,000-70,000 car. And there are many nice muscle cars sold in that range. The problem, or negative affect the TV auctions have, is that the guy with the average car compares his mildly restored, imperfect "driver" to a 100-point professionally done restoration. And from 50 feet two identical-looking cars could be anything but identical. Of course not every car that crosses the block at BJ, Mecum, or the others is a full resto, but the lesser cars go for less money and there are a ton of nicely sold cars at fair market prices. There is no way a middle-class person making an average wage can come to grips, or have the rational, of a guy who is loaded and can afford to drop hundreds of thousands of dollars on a toy. It's no different than average father walking his son through the pits. These guys oohhh and aaahhh over our cars and trailers and can't even imagine having a race program like many of us have. They probably say, "how do these people afford this?" If you are in the market for a muscle car, what's better than putting yourself in front of hundreds of potential cars to buy? Even if you overpay a little, it's still cheaper than flying all over the country looking at car after car. Plus they certainly enjoy the excitement of the event. How many people think we are idiots for spending an entire weekend at a track to get what can amount to less than 5 minutes driving our cars? No one forces anyone to bring a car there, or to buy a car there. __________________ Evan Smith 1798 STK Last edited by Evan Smith; 01-22-2011 at 11:35 AM.

01-22-2011, 12:06 PM	#28
Joe Marcinowski Member Join Date: Nov 2005 Location: Northern Ohio Posts: 203 Likes: 855 Liked 33 Times in 15 Posts	Re: Barrett-Jackson I agree with Wade. The entertainment is earlier in the week. After the hammer fell, there were definitely a few sellers behind the tent puking. __________________ Joe Marcinowski 3377 STK

01-22-2011, 01:24 PM	#30
Larry Fulton Member Join Date: Oct 2003 Posts: 271 Likes: 54 Liked 0 Times in 0 Posts	Scotty & Edmond Richardson '69 Camaro I'm surprised I didn't see anybody else mention this car.... Was $66,000 (with fees) a good buy? Lot: 969 - 1969 CHEVROLET CAMARO CONVERTIBLE RACE CAR Auction: SCOTTSDALE 2011 Sale Price: $66,000.00 Year: 1969 Make: CHEVROLET Model: CAMARO Style: CONVERTIBLE RACE CAR VIN: Exterior Color: WHITE/BLUE Interior Color: BLACK Cylinders: 8 Engine Size: Transmission: 3-SPEED AUTOMATIC Summary: Edmond Richardson's 2 time world champion stock class 1969 Camaro convertible, real Indy Pace Car, that started life as a real Z11 4-speed Pace Car and still has its original Z11 trim tag on the car. Sold on a bill of sale. Details: Edmond Richardson's 2 time world champion stock class 1969 Camaro convertible, real Indy Pace Car, that started life as a real Z11 4-speed Pace Car and still has its original Z11 trim tag on the car. This is one of the most winning Camaro's in NHRA history. Edmond and his brother Scott both drove this car to world titles in stock class. It has won countless events and has been sponsored by some of the biggest names in the racing world, such as Comp Cams and Borg Warner. Comes with 12 issues of National Dragster Magazine with the car in it. Edmond is ranked 37th out of 50 among the all time most notable drag racers, which was conducted back in the early 2000's, and his brother Scott is also in the top 50. The car has a lot going for it, incredible race history 2 time world champion, had some big sponsors backing the car, raced by a winning driver and to top it off it's a real Pace Car. SOLD ON BILL OF SALE* Attached Thumbnails __________________ Larry Fulton