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#1
01-17-2020, 07:22 PM
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Auction price to market value
In this day in age, does the auction house pricing sorta set the tone for the market value of cars? I know there is that good deal every once in a while, but if say the auction pricing stays somewhat consistent, does it reflect the market value of these cars?
Case in point. Sorta looking for a classic pick-up for a summer driver. 1960-1972 Chevy are going up and up. So thought of a Lil Red Express. Seen that one went for $18,150.00 @ Mecum https://www.mecum.com/lots/FL0120-39...xpress-pickup/ and now one a Barrett Jackson $16,500.00 https://www.barrett-jackson.com/Even...EXPRESS-235914 YES there might always be that special one or 2 with no mile of some other thing. But with 2 different auction house in 2 different states, getting the pricing well under what is typical on the web, does that put more of a realistic value of say and average truck should be???
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'58 Apache pick up '78 Z28 4sp being restored '70 W30 convert TRIBUTE '78 Z28 32,000 survivor, Og Yellow paint, AC. '69 CANADIAN Nova SS 396/350 hp '67 CANADIAN Nova SS 427 10 sec. driver '66 CANADIAN Nova SS Race Car '61 CANADIAN Pontiac Bubble top 409+/4sp (SOLD) '31 ALL STEEL Chevy P.U. GONE (EX-WIFES NOW) 
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