Admiral blue at Barrett Jackson

[EvanZR1]

Originally Posted by rush91

I wanted an Admiral blue so bad, such a beautiful and rare color. If only I had patience 3 years ago.......I paid that for my '91 with same amount of miles.

Same here, I even thought about doing the auction circuit. One thing everyone is leaving off is the commission to BJ. If I remember correctly it's 8% from the seller and 10% from the buyer. They may have lowered the seller piece for a no reserve, but whoever bought it actually paid $20,350.

[Vette73]

Originally Posted by EvanZR1

Same here, I even thought about doing the auction circuit. One thing everyone is leaving off is the commission to BJ. If I remember correctly it's 8% from the seller and 10% from the buyer. They may have lowered the seller piece for a no reserve, but whoever bought it actually paid $20,350.

18,500 which includes the buyers 10% commission......So the hammer price was around 16,800.....

There was a real nice red 90 when I was there ...It was part of a collection...Hammer price was 15,000

[G8nightman]

Guys dont be fooled by cars that look super clean in pictures I went to one of these auction and they had a 91 9000 mile Z that was part of a collection that was just dogged in person car was a disaster look like it had 100000 miles on it but looked really clean in the photos. it sold for I think 21k to phone bidder felt sad for that guy.

[Vette73]

Originally Posted by G8nightman

Guys dont be fooled by cars that look super clean in pictures I went to one of these auction and they had a 91 9000 mile Z that was part of a collection that was just dogged in person car was a disaster look like it had 100000 miles on it but looked really clean in the photos. it sold for I think 21k to phone bidder felt sad for that guy.

Very true...Most cars look good in photos,especially the darker colored ones....That red 90 was super clean and was part of a collection.....Did not know the mileage though.....

[Regimof3]

I see this on here a lot.

I think it might be time to just accept that they just aren't going to see huge numbers...at least not for awhile.

[KILLSHOTS]

Originally Posted by Vette73

18,500 which includes the buyers 10% commission......So the hammer price was around 16,800.....

There was a real nice red 90 when I was there ...It was part of a collection...Hammer price was 15,000

Hammer price was 18,500 on this one.

[spork2367]

Originally Posted by rossgn49u

Poor guy. He probably thought....no reserve - no problem, it's Barrett Jackson.....certainly it will bring top dollar.

I don't know why he would think that, it hasn't happened at auction with one of these yet.

Originally Posted by Mystic ZR-1

Well bought?
My a##..
Given away!

Nope, sold. For exactly what the market there would bear. All three of them were low because that's where the market is at.

Originally Posted by G8nightman

Guys dont be fooled by cars that look super clean in pictures I went to one of these auction and they had a 91 9000 mile Z that was part of a collection that was just dogged in person car was a disaster look like it had 100000 miles on it but looked really clean in the photos. it sold for I think 21k to phone bidder felt sad for that guy.

The chances that all three were pieces of sh*t is pretty low. Plus none were bought by phone bidders, so the buyers could have looked at every one.

Originally Posted by efnfast

Yeah, well bought, but poorly sold.

They can't sell poorly. They sold for exactly what the crowd they were advertised to was willing to pay. And the fact that the sellers were willing to sell at a no reserve auction says they were willing to let them go for what the market was willing to pay. These have sold low at auctions, so the sellers can't be super surprised.

Originally Posted by Regimof3

I see this on here a lot.

I think it might be time to just accept that they just aren't going to see huge numbers...at least not for awhile.

Certainly not now, maybe never. These are complex cars. As time passes and their collectability goes up, the cost and difficulty of maintenance (both perceived and real) does as well. Those numbers may end up canceling out, relegating them to just go up in price close to the rate of inflation.

[BigJohn]

I am staying out of this one
My car may be worth a million dollars but that will be ten years after I die!

[WARP TEN]

Originally Posted by BigJohn

I am staying out of this one
My car may be worth a million dollars but that will be ten years after I die!

Ha Ha! Isn't that the case! My current plan is that when I die I will just have written my last check, which will bounce. No worries about car appreciation --Bob

[spork2367]

Originally Posted by WARP TEN

Ha Ha! Isn't that the case! My current plan is that when I die I will just have written my last check, which will bounce. No worries about car appreciation --Bob

Reminds me of the Jack Handey quote: I hope that when I die, people say about me, 'Boy, that guy sure owed me a lot of money.'