Barrett-Jackson

Frank Castros · 01-22-2011, 07:23 AM

Seven or eight years ago Barrett Jackson Scottsdale had a big influence on the market. That is no longer the case, if you look at the prices at the other auctions around the country you will find them to be reasonable and in line with the actual value of the car.
Barrett Jackson is a circus and guys with big egos and wallets go to show off. Many of those cars are built just for that auction because of this.

Ed,
RELAX and enjoy the car show!

Bob Bender · 01-22-2011, 08:03 AM

Hey ED, your car and mine sould be worth a lot in this market.......

Wade Mahaffey · 01-22-2011, 08:50 AM

What's all the fuss about. I saw cars on Tuesday, Wedesday and Thursday go for prices that you could'nt get the body work and paint for. If it cost too much for a car, or if a person thinks his junk in the barn is golden.....DON'T BUY IT! Comparing it to gas prices is not the same. Most folks need fuel, they don't need a 58 chevy. Everyone on the property shares the same passion "CARS". Some can't build S#@T, but are keeping the culture alive by participating in some manner. Even if they are just attending a big BJ car show, they're keeping what you love alive. It does my heart good to see that there are some people in this country that build some really nice cars. I'm going out in the shop and fire up my ole wood stove. I'll be doing what I do best "build my own stuff". My 60 Corvette was not a "$$golden$$" barn find, but it was a BF for sure. But it will be "golden" when I'm done, and done with dedication, perseverance, and pride!

Wade Mahaffey

dragracer9911 · 01-22-2011, 09:01 AM

I agree with Wade. There was a Ford Starliner that went for around $20,000.00 on Tuesday that the chrome was probably $ 10,000.00. I will have to say that the Salone cars last night wereover priced, but like the 67 Nova, could you build that car for $100,000.00. Wade or someone like him could, but the average guy that can do some himself and other's to do a lot couldn't. It like the tread about building your own car vs. those that have their cars built, not everyone has the resorces or skills to do everything.

Tom Sr.

blkjack · 01-22-2011, 09:03 AM

Quote:

Originally Posted by Wade Mahaffey

What's all the fuss about. I saw cars on Tuesday, Wedesday and Thursday go for prices that you could'nt get the body work and paint for.

I agree, there were a lot of cars there where the sellers lost their ars.
Someone could really pick up a nice "hot rod" for half the cost it would take to replicate it. Listen to how many times the announcers say "they got the car for free" when they sell a 25K-30K show quality car. I'm sure we've all been there, done that (letting costs get out of control). That goes for anything you invest time and money in....houses too!

Rich Biebel · 01-22-2011, 09:41 AM

Barrett Jackson is built on theatrics and hype. But in their defense..

All cars are put up there at NO RESERVE...
Many cars appear to be either the best out there or close to it
Mecum auction cars are way more reasonably priced and don't look to be near 100 point cars on many. And the bidders look like average people on many shows. Prices are much more realistic.

Ever notice all the big time players at B-J.......Familiar faces ...drag racers, Nascar owners and these people with mega bucks that are always there every year. They drive the whole deal. You can't sell hot dogs to people used to Fillet Mignon...

In the mid '70s I worked in a very prominent auto restoration shop for a short while. At the time the owner specialized in Packards. We had one car that had bills for over $100,000 in labor and parts and this was the mid '70'. There's no way you can restore one of these old cars to top of the line condition without spending a fortune........

I enjoy seeing the cars in awesome condition and really don't care what they sell for. Sure I'd love to have many of them but it's not happening. I have friends with various cars and they do the car show thing. That would not be something I would do.

Today is saturday and the B-J auction usually rolls out the really high dollar overpriced cars tonight.......

The T/K Chevelle from a few years ago was pretty much the most insane price I ever saw......The Car went for over a million and was sold again for 1/4th of that a year or two later.....makes sense to me

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.

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.

01-22-2011, 07:23 AM	#1
Frank Castros VIP Member Join Date: Nov 2001 Location: The Lowcountry. Posts: 2,983 Likes: 2,605 Liked 2,737 Times in 965 Posts	Re: Barrett-Jackson Seven or eight years ago Barrett Jackson Scottsdale had a big influence on the market. That is no longer the case, if you look at the prices at the other auctions around the country you will find them to be reasonable and in line with the actual value of the car. Barrett Jackson is a circus and guys with big egos and wallets go to show off. Many of those cars are built just for that auction because of this. Ed, RELAX and enjoy the car show!

01-22-2011, 08:03 AM	#2
Bob Bender VIP Member Join Date: Jan 2009 Location: Maryland Posts: 1,734 Likes: 1,599 Liked 460 Times in 91 Posts	Re: Barrett-Jackson Hey ED, your car and mine sould be worth a lot in this market....... __________________ Bob Bender 144 O/SA 2010-2012 National Record Holder

01-22-2011, 08:50 AM	#3
Wade Mahaffey Senior Member Join Date: Apr 2007 Posts: 581 Likes: 0 Liked 18 Times in 8 Posts	Re: Barrett-Jackson What's all the fuss about. I saw cars on Tuesday, Wedesday and Thursday go for prices that you could'nt get the body work and paint for. If it cost too much for a car, or if a person thinks his junk in the barn is golden.....DON'T BUY IT! Comparing it to gas prices is not the same. Most folks need fuel, they don't need a 58 chevy. Everyone on the property shares the same passion "CARS". Some can't build S#@T, but are keeping the culture alive by participating in some manner. Even if they are just attending a big BJ car show, they're keeping what you love alive. It does my heart good to see that there are some people in this country that build some really nice cars. I'm going out in the shop and fire up my ole wood stove. I'll be doing what I do best "build my own stuff". My 60 Corvette was not a "$$golden$$" barn find, but it was a BF for sure. But it will be "golden" when I'm done, and done with dedication, perseverance, and pride! Wade Mahaffey

01-22-2011, 09:01 AM	#4
dragracer9911 Junior Member Join Date: Feb 2010 Location: Southern Maryland Posts: 75 Likes: 0 Liked 3 Times in 1 Post	Re: Barrett-Jackson I agree with Wade. There was a Ford Starliner that went for around $20,000.00 on Tuesday that the chrome was probably $ 10,000.00. I will have to say that the Salone cars last night wereover priced, but like the 67 Nova, could you build that car for $100,000.00. Wade or someone like him could, but the average guy that can do some himself and other's to do a lot couldn't. It like the tread about building your own car vs. those that have their cars built, not everyone has the resorces or skills to do everything. Tom Sr.

01-22-2011, 09:41 AM	#6
Rich Biebel VIP Member Join Date: Jun 2007 Location: Northern New Jersey suburbs Posts: 2,315 Likes: 25 Liked 544 Times in 213 Posts	Re: Barrett-Jackson Barrett Jackson is built on theatrics and hype. But in their defense.. All cars are put up there at NO RESERVE... Many cars appear to be either the best out there or close to it Mecum auction cars are way more reasonably priced and don't look to be near 100 point cars on many. And the bidders look like average people on many shows. Prices are much more realistic. Ever notice all the big time players at B-J.......Familiar faces ...drag racers, Nascar owners and these people with mega bucks that are always there every year. They drive the whole deal. You can't sell hot dogs to people used to Fillet Mignon... In the mid '70s I worked in a very prominent auto restoration shop for a short while. At the time the owner specialized in Packards. We had one car that had bills for over $100,000 in labor and parts and this was the mid '70'. There's no way you can restore one of these old cars to top of the line condition without spending a fortune........ I enjoy seeing the cars in awesome condition and really don't care what they sell for. Sure I'd love to have many of them but it's not happening. I have friends with various cars and they do the car show thing. That would not be something I would do. Today is saturday and the B-J auction usually rolls out the really high dollar overpriced cars tonight....... The T/K Chevelle from a few years ago was pretty much the most insane price I ever saw......The Car went for over a million and was sold again for 1/4th of that a year or two later.....makes sense to me __________________ Rich Biebel S/C 1479 Stock 147R

01-22-2011, 09:49 AM	#7
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, 12:06 PM	#8
Joe Marcinowski Member Join Date: Nov 2005 Location: Northern Ohio Posts: 203 Likes: 856 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