#51
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My thoughts on the big $$ are that... These cars are being bought by guys in their early 60's and up who are not "car knowledgeable" , they remember the cars from when they were young, never turned a wrench and now they have a disposable income.
They want something to look cool in going to cruise night... My .02 cents worth |
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PeteLeathersac (01-29-2021) |
#52
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And when they find out they've been burnt they will sell their acquisition off and never buy another old car again. It's a shame that they don't arm themselves with information and make a wise purchase. They are folks that will be lost to the hobby forever in some cases. I see this often.
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#53
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TimG, I sent you an email.
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Frank Magallon |
#54
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My observation at the typical Mecum Auctions has been that a very high percentage of the cars are bought and sold by dealers trading amongst themselves. I don't think that this was so much the case in Florida. The 2 day auction that just concluded in Florida was even more insane. I would caution everyone to not run out and buy a car based on the results of these two auctions. The results of these two auctions is completely opposite of what I would expect to be seeing in light of the recent leadership change in DC and the people that have already lost their jobs due to the indiscriminate signing of executive orders. I want to see at least one more auction before I jump.
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#55
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Quote:
An expensive lesson but one that can be learned from and make a person better for it. |
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PeteLeathersac (01-29-2021), Xplantdad (01-25-2021) |
#56
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Quote:
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#57
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Quote:
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#58
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Does anyone know if the 67 Z/28 (lot A24 on Friday) really is an unrestored original with original engine, trans and rear?
If that is an original paint car with all original power train, then I would say it is the exception to the outrageous prices. $110k seems pretty reasonable to me. Anyone know the story?
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Don't believe everything you read on the internet ... Ben Franklin |
#59
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E36 M3's have nearly doubled in price in the last 2 years as well... I was thinking about picking one up and then saw the market had gone crazy... good examples could be had for $7500 -10k as few as 18 months ago.... now they are 15-20k
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~JAG~ NCRS#65120 68 GTO HO 4 spd Alpine Blue /Parchment 2 owner car #21783 71 Corvette LT1 45k miles Orig paint - Brandshatch Green - National Top Flight - last known 71 LT1 built. 71 Corvette LT1 42k miles Original paint - Black - black leather - only black LT1 known to exist. NUMEROUS Lemans blue Camaros, Monza Red and Daytona Yellow Corvettes & a Chevelle or two... Survivors, restored cars, & other photos https://picasaweb.google.com/lh/myphotos |
#60
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The '69 GTO Judge was THE most overpriced auction buy I have seen, probably ever. The car was a mediocre restoration with many wrong parts. INSANE. If it were a time capsule survivor, Ram Air IV with hideaways, being sold by the original owner, sure. But not this.
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I ain't nobody, dork. Last edited by Tracker1; 01-24-2021 at 09:20 PM. |
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