Barrett-Jackson

[CBT]

Anybody else besides me been drooling at the T.V. while watching the Barrett-Jackson auto auction on the Speed Channel?

[ncmm]

I probably would have if I had that, I only have basic cable. :mad:

[drj02]

Anybody else besides me been drooling at the T.V. while watching the Barrett-Jackson auto auction on the Speed Channel?
I watched as much as possible and could not beleive the 1954 Olds F88 concept at $3 mil. Said that over $60 mil in total sales. Calculate 16% of that for Barrett and Craig Jackson is one happy camper for sure! Not to mention all the other misc. $ ala carts associated with the auction.

[Paul T. Casey]

The cars are cool. My big problem with the auction is the prices. By selling these cars at artifically high prices, it tends to drive up what is out there for sale. This ends up putting some decient but not perfect cars out of the price range for the average Joe. Most of the folks with the money to buy the cars, don't have the skills to turn a wrench. IMHO, this is a bad direction for the hobby/sport of hot rodding. A couple years ago, a fairly straight and solid muscle car could be had for less than $5K. Maybe half that for a "basket case" that still ran. Now, the "basket case" is in the $5K range, and probably $10K for the better one. To me, this tends to drive out the younger guys who's money tends to be tight. It's the same younger middle class guys who keep the hooby going. I worry that in the future, the only ones who will be able to work on these hot rods will be the Coddingtons and Fooses of the world. Sorry for the rant.

[MarauderMark]

Yea they sure had some sweet cars on there makes me wanna hit the lottery.One guy spent 230k for a mustang or cobra i think(not to sure what kind but i know it was black) for his son and all he got was a hand shake..

[jgc61sr2002]

Many overpriced cool cars. The average person seeing cars sell at astronomical prices, now think their collector car is also worth mega bucks. This is usually not the case. People get caught in a bidding frenzy at auctions and that drives up the prices.

[Black 04]

I was watching as much as I could...waiting for a Marauder to come accross the block. :D

[BK_GrandMarquis]

Anybody else besides me been drooling at the T.V. while watching the Barrett-Jackson auto auction on the Speed Channel?
Oh yeeeaah. There was a resto-mod yesterday or today. I was in awe. :awe: What a think of beauty. I think it was a Foose design. Wish I can afford one of those one day. There was a GM concept car that sold for $3,000,000 yesterday. :bows:

[Canadasvt]

Would be nice to go down there with a huge roll of $$$ and get something really nice for under $200,000. I've been watching it all weekend and I'm amazed at what muscle cars are selling for.

[sailsmen]

I disagree the interest has people fixing up cars which now has resulted in many excellent buys out there. Excellent cars can be had in like new for $15-$25K. These are cars that someone spent $50-$75K on.

A friend bought a like new 1965 mustang with modern runing gear for 15K. Another firend bought a 1962 Impala SS 409 4 Quad 4 Speed Muncie w/ 80K miles that is like new for $25K and he drives it every day. :)

[AzMarauder]

Anybody else besides me been drooling at the T.V. while watching the Barrett-Jackson auto auction on the Speed Channel?
No.. I was actually there.... drooling on the cars before you had a chance to see them on the TV... :D

[nexstar7]

i've been watching for a while. i get all CAR CRAZY .

[AzMarauder]

Many overpriced cool cars. The average person seeing cars sell at astronomical prices, now think their collector car is also worth mega bucks. This is usually not the case. People get caught in a bidding frenzy at auctions and that drives up the prices.
What I saw there wasn't necessarily folks who loved cars. Many of them treat them entirely as a commodity that can be bought or sold to make a profit. One guy had a 1970 Dodge Challenger T/A. Beautiful car... numbers matching etc. He hoped to get $90k on the auction block. He had no reserve on the car. He told us that if he didn't get higher than $60k... he would buy the car back from whomever won it... by offering up to $30k more than they just paid for it. When I asked why I was told, that they were so positive that the car's value would increase so dramatically in the next three or four years that it was worth it to buy it right back if they didn't make enough of a profit now. :depress:

I don't think that way. I don't buy cars based on what I think they will be worth... I buy what I want to drive. Course, might be why I have no money !

[hitchhiker]

Anything that motivates people to restore them instead of scrapping them is great by me!

:D

[Donny Carlson]

http://www.barrett-jackson.com/auctionresults/common/cardetail.asp?id=178112

1954 Oldsmobile F-88 Concept Car

http://www.cardatabase.net/photos/big/00003041.jpg

[teamrope]

On the other side of the spectrum.... Low mile Lambrogini Countach that sold for 1/4 Mil new went for 90K.

They showed 3 Ferrrari's didn't fare so well either.

What is really interesting is to go to their web site and search by vehicle. Chevelles went anywhere from 6 to 125K depending on quality and rarity.

:)

[GA-Marauder]

Anybody else besides me been drooling at the T.V. while watching the Barrett-Jackson auto auction on the Speed Channel?
Hell, yeah, I was watching as much as I could. Especially enjoyed the Shelby GT 350 that I saw (always a personal dream car). But if you had told me in 1990 that a 1970 Hemi Cuda would sell for $300K, I would have laughed you out of the room. Unbelievable...:eek:

[goboy]

The cars are cool. My big problem with the auction is the prices. By selling these cars at artifically high prices, it tends to drive up what is out there for sale. This ends up putting some decient but not perfect cars out of the price range for the average Joe. Most of the folks with the money to buy the cars, don't have the skills to turn a wrench. IMHO, this is a bad direction for the hobby/sport of hot rodding. A couple years ago, a fairly straight and solid muscle car could be had for less than $5K. Maybe half that for a "basket case" that still ran. Now, the "basket case" is in the $5K range, and probably $10K for the better one. To me, this tends to drive out the younger guys who's money tends to be tight. It's the same younger middle class guys who keep the hooby going. I worry that in the future, the only ones who will be able to work on these hot rods will be the Coddingtons and Fooses of the world. Sorry for the rant.
I live in AZ and go to BJ Auction every year. I think of the auction as a barometer for our nation's economy, and this looks like a good year.

[Joe Walsh]

http://www.barrett-jackson.com/auctionresults/common/cardetail.asp?id=178112

1954 Oldsmobile F-88 Concept Car

http://www.cardatabase.net/photos/big/00003041.jpg

Wow! Interesting one-of-a-kind car....kinda looks like a cross between an Oldsmobile, Thunderbird, and a Corvette.

Personally if I was going to drop that kind of money on a car (still beyond my comprehension and way beyond my preLottery win pocketbook), I would buy one of the remaining Shelby Daytona Coupes.

[Joe Walsh]

On the other side of the spectrum.... Low mile Lambrogini Cuntach that sold for 1/4 Mil new went for 90K.



:)

Spelling error??? :D

Did they check the Lambo's HP on the "Gyno Dyno"?

[teamrope]

Spelling error??? :D

Did they check the Lambo's HP on the "Gyno Dyno"?

I never won any spelling bees. :(

All they kept saying about the Lambo was that Lambrogini was supposed to be a trend setter, but no one else followed the trend. :)

[mad man]

And to think back 25 years ago you could not give these cars away :bigcry:

[jonroe]

Yeah, I got nothing done here this weekend! I think I watched about 13 hours of the 24 on TV. The whole thing was very interesting. I never got bored. It is discouraging, though, to see so many cars so far out of my reach! Sometime I'd like to attend in person just to gawk for 5 days.

Jon

[CBT]

OMG, LMFAO!! [QUOTE

Did they check the Lambo's HP on the "Gyno Dyno"?[/QUOTE]

[423REED]

Anybody else besides me been drooling at the T.V. while watching the Barrett-Jackson auto auction on the Speed Channel?Hi CBT!
I watched almost all of the auction over the four nights. I came away with several impressions.

1) Almost every buyer that I saw was a guy. I only saw 2 women buying cars. I wondered how many of the buyer guys went home after buying an expensive collector car and got yelled at by their wives. And I saw quite a few buyers who were in their '50's or early '60's, that had wives (girlfriends) who were at least 30 years their junior!

2) There seemed to be only two types of car buyers. Guys who looked like they were born and raised with a silver spoon in their mouth. And the other guys who looked like trailer trash guys with lots of real money!

3) And finally, we must all be in the wrong business. These guys have so much disposable money (i.e. cash) to spend. I work hard and save as much money as I can, and I still have to agonize over whether I'll ever be able to make the trip to Trilogy for a S/C for my new 2004 Marauder.

I just don't get it. Young girlfriends, gorgous cars, and obviously gobs of cash. Where do you go to join up. I'd sure like some of that life style! The Barret-Jackson Scottsdale classic car auction is truly awesome.
JIM
__________________________
2004 MARAUDER 300A - DTR
1994 TAURUS SHO - DK GREEN

[MENINBLK]

About 2 weeks ago I saw an episode where the narrator was talking about dealerships that were buying the cars for investments.
There were several Dodge truck dealerships there that were buying up all of the older Dodge Truck rebuilds.
These guys were on cell phones and probably either talking to eachother, or talking to the Dealership owner.
Several hundred thousand $$ were spent on that one show...

[Eric91Z]

Yeah, the last couple before this one had a guy with white hair and a yellow jacket that was buying quite a bit of GM stuff. My understanding what that he owns a GM or Chevy dealership.

Then I could have sworn that on one of the last ones the guys was one of the people in the audience working between the bidders and the auctioneer. Maybe his loud jacket and "bubbly" personality got him the job???

[modular46]

The cars are cool. My big problem with the auction is the prices. By selling these cars at artifically high prices, it tends to drive up what is out there for sale. This ends up putting some decient but not perfect cars out of the price range for the average Joe. Most of the folks with the money to buy the cars, don't have the skills to turn a wrench. IMHO, this is a bad direction for the hobby/sport of hot rodding. A couple years ago, a fairly straight and solid muscle car could be had for less than $5K. Maybe half that for a "basket case" that still ran. Now, the "basket case" is in the $5K range, and probably $10K for the better one. To me, this tends to drive out the younger guys who's money tends to be tight. It's the same younger middle class guys who keep the hooby going. I worry that in the future, the only ones who will be able to work on these hot rods will be the Coddingtons and Fooses of the world. Sorry for the rant.

That's why I bought a new Marauder.

[martyo]

[QUOTE=Donny Carlson1954 Oldsmobile F-88 Concept Car[/QUOTE]

This car is now the "background" on my office computer! A man has gotta keep his dreams....

http://www.barrett-jackson.com/images/carjpg/2005bjcca/2/992/2005BJCCA2_992_Spc.jpg

[mrjones]

Well, I just got back last night. I went out Thursday for the weekend to see the auction. We went to the auction/show on Friday - early so we could get seats. Watched some of the memorabilia being auctioned also at ridiculous prices, and then we watched the first few cars. If you're a car guy, and I think we all are here, you've gotta go to this sometime.

This year the weather was bad I guess on Wed or Thu before I got there, so the grounds were muddy. Lots of vendors, and the best car show you'll ever see. However, I like my crowds in much smaller doses, so one day was enough for me. Incredible event. Something else I can cross off my list of things to do. I did see Brock Yates there. He was standing around talking to someone who said "Hey Brock! Remember me? I was in the Cannonball a couple of years ago."

And I accomplished my real reason for going: I got to see Amy in person. AND she sang the national anthem at the beginning of the auction. Be still my heart!!!

[hitchhiker]

The cars are cool. My big problem with the auction is the prices. By selling these cars at artifically high prices, it tends to drive up what is out there for sale. This ends up putting some decient but not perfect cars out of the price range for the average Joe. Most of the folks with the money to buy the cars, don't have the skills to turn a wrench. IMHO, this is a bad direction for the hobby/sport of hot rodding. A couple years ago, a fairly straight and solid muscle car could be had for less than $5K. Maybe half that for a "basket case" that still ran. Now, the "basket case" is in the $5K range, and probably $10K for the better one. To me, this tends to drive out the younger guys who's money tends to be tight. It's the same younger middle class guys who keep the hooby going. I worry that in the future, the only ones who will be able to work on these hot rods will be the Coddingtons and Fooses of the world. Sorry for the rant.

I try not to think about the fact that most of the buyers at B-J are either silver-spoon-twits, or retired corporate types who have screwed over enough working people to be able to throw money around. How about the twit in the yellow suit who buys just about any yellow car offered...? LMAO!

I think about the fact that it elevates the level of interest in our favorite cars and encourages people to restore them instead of scrap them.

I see many desirable cars go on ebay all the time. I always check my favorites even though I won't be able to buy another toy for about two years.
I bought three nice toys (cars) in 2003 and one in 2004. Not too bad! I have asked one seller if he can wait until mid-2005 to allow me to save some more funds. We will see...

I never miss a B-J auction on the speed channel. Great way to drink a little beer and dream about my next toy!

Best Regards,

David

[jonroe]

So..................

Someone else appreciates Amy! I thought it was just me. She sure is easy on the eyes when you get tired looking at all those purty cars. I'm going to miss her until Palm Beach.

Jon

[mrjones]

[QUOTE=jonroe] I'm going to miss her until Palm Beach.

Not me! I record it on my Dish Network DVR and PROTECT it till my next opportunity!

[Vortex]

I love watching it but think its just another example of how the rich spend their bucks.