1/23 Mecum Results, WOW

[Young1]

Precast1 and I just returned home from the auction of the Muscle Car City Museum in Punta Gorda, FL. All cars were prepped for museum display only
and were not driven across an auction block. They are all in an unknown non running condition. Prices include the 10% buyers premium.

$60,500. 1996 Grand Sport convertible. 640 miles. Immaculate condition
$41,800. 1992 ZR-1 37k miles. White. Fair to good condition
$40,700. 1991 ZR-1 8k miles. Yellow. Fair to good condition
$38,500. 1991 ZR-1 18k miles. Red two tops. Fair to good condition
$29,700. 1990 ZR-1 87k miles. Red. Rough to fair condition
$24,200. 1990 ZR-1 39k miles. Red. Rough to fair condition

[Demps]

WOW is right. Those prices are strong.

I'm going to downsize and would really appreciate those prices.

Ted

[Erik]

Has a corner been turned? I wouldn't complain.

[Z51JEFF]

Friend just sent me a link to the 92 with 38,000 sold for $37,000. When was the last time anybody saw prices like this,15 years ago? Makes me want to go out in the garage and just stare at mine. Looks like the drought is over.

[Erik]

Originally Posted by Z51JEFF

Friend just sent me a link to the 92 with 38,000 sold for $37,000. When was the last time anybody saw prices like this,15 years ago? Makes me want to go out in the garage and just stare at mine. Looks like the drought is over.

It might be. That's a lot of cars at big dollars. Here's hoping the market notices.

[Young1]

We were hoping to pick up a non running used car for $10K. These were not show cars at all. We all know it can take up to $5k to get them safe and drivable. The entire 2 day auction there was inflated 20-40%.

[Erik]

Originally Posted by Young1

We were hoping to pick up a non running used car for $10K. These were not show cars at all. We all know it can take up to $5k to get them safe and drivable. The entire 2 day auction there was inflated 20-40%.

I figured you were searching for another one to work your magic on. The prices are solid enough, plus taking into account how rough they seem to be.
Did you snap any pictures?

[rkreigh]

looks like a bit of bid fever to me. prices are not typical

[XfireZ51]

Originally Posted by rkreigh

looks like a bit of bid fever to me. prices are not typical

Yeah Ron. Wonder if some of the premium was due to the fact these were museum pieces. The prices are not close to what we see on the ipen market.

[efnfast]

Show of hands, who would sell their car for 40 grand?
Aye.