Barrett-Jackson

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 .............

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.

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!

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 ..............

01-22-2011, 11:11 AM	#2
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	#4
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.

Thread Tools
Show Printable Version Email this Page
Display Modes
Switch to Linear Mode Hybrid Mode Switch to Threaded Mode