As expected, Barrett Jackson Vegas prices weak
#1
As expected, Barrett Jackson Vegas prices weak
Aside from a few examples, I am seeing some well documented (supposedly) and nice originals and mild customs go for much lower prices at the Vegas show these past 2 days. I think it is a sign of things to come at Scottsdale, which needs even more buyers to bid up the much larger inventory there.
some examples I saw:
67 Hemi Coronet (not original block but date code correct motor) went for $54k today. A clone of this car would sniff $100k in recent years!
http://www.barrett-jackson.com/appli..._LotNumber=496
an orig 64 GTO with 389 tripower and 60k orig miles went for $28k.
http://www.barrett-jackson.com/appli..._LotNumber=184
documented #s matching 69 Z28 for $56k. These were fetching $80-90k last couple years.
http://www.barrett-jackson.com/appli..._LotNumber=502
Now, a few pro-touring (resto-mods as BJ announcers like to say) cars surprisingly well I thought. A couple 69 Camaros for $83k and $88k. And a nothing special 383 powered 72 Chevelle hit $60k.
http://www.barrett-jackson.com/appli..._LotNumber=475
http://www.barrett-jackson.com/appli..._LotNumber=507
http://www.barrett-jackson.com/appli..._LotNumber=482
So, it looks like the collector/original car niche is getting hit harder than the custom/pro-touring niche to me....
Good time to be a buyer there I say!
some examples I saw:
67 Hemi Coronet (not original block but date code correct motor) went for $54k today. A clone of this car would sniff $100k in recent years!
http://www.barrett-jackson.com/appli..._LotNumber=496
an orig 64 GTO with 389 tripower and 60k orig miles went for $28k.
http://www.barrett-jackson.com/appli..._LotNumber=184
documented #s matching 69 Z28 for $56k. These were fetching $80-90k last couple years.
http://www.barrett-jackson.com/appli..._LotNumber=502
Now, a few pro-touring (resto-mods as BJ announcers like to say) cars surprisingly well I thought. A couple 69 Camaros for $83k and $88k. And a nothing special 383 powered 72 Chevelle hit $60k.
http://www.barrett-jackson.com/appli..._LotNumber=475
http://www.barrett-jackson.com/appli..._LotNumber=507
http://www.barrett-jackson.com/appli..._LotNumber=482
So, it looks like the collector/original car niche is getting hit harder than the custom/pro-touring niche to me....
Good time to be a buyer there I say!
#7
It was for charity.
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#8
That's kinda funny.
#10
Those pro-touring cars got a lot of money for what they are. I would say the pro-touring market isn't affected by the economy since they are in a smaller niche market. Its nice to see the originals go down in price a bit though, they were getting too expensive for what they are.
#11
isnt the original point of an auction to get what you want for a lower price? Not every B-J auction is going to be a blowout either. There were def. some happy buyers that day I'm sure.
#12
The rare #1 cars are holding up well.
There is nothing rare about the cars you posted. One can not determine the exact condition of a car by photos and brochures. A #1, a #2, and some #3 cars look alike in a photograph.
There is nothing special about a custom or pro-touring car. Anyone can build one.
There is only one "Last Sting Ray" (BJ 1/07). It's a 1967 Coupe with a 427/390. It was a professionally restored #1 car and sold for $660,000.
#13
I disagree.
The rare #1 cars are holding up well.
There is nothing rare about the cars you posted. One can not determine the exact condition of a car by photos and brochures. A #1, a #2, and some #3 cars look alike in a photograph.
There is nothing special about a custom or pro-touring car. Anyone can build one. It's to see some people slap a carbed big block and some 17inch wheels on a Camaro and advertise as "pro-touring".... gimme a break.
There is only one "Last Sting Ray" (BJ 1/07). It's a 1967 Coupe with a 427/390. It was a professionally restored #1 car and sold for $660,000.
The rare #1 cars are holding up well.
There is nothing rare about the cars you posted. One can not determine the exact condition of a car by photos and brochures. A #1, a #2, and some #3 cars look alike in a photograph.
There is nothing special about a custom or pro-touring car. Anyone can build one. It's to see some people slap a carbed big block and some 17inch wheels on a Camaro and advertise as "pro-touring".... gimme a break.
There is only one "Last Sting Ray" (BJ 1/07). It's a 1967 Coupe with a 427/390. It was a professionally restored #1 car and sold for $660,000.
And no sir, anyone cannot build a good pro-touring car. I agree it is pretty simple and should be that way, but morons attempt to build them all the time and they end up like crap. Several "nothing special" wanna be pro-touring cars sold very well here at this auction. Those 2 69 Camaros that sold for 83k and 88k were nothing special at all. Could have been built for about that cost or even less.
Your sting ray example is irrelevant - it was from almost 2 years ago (different market and time) and a rare example, not the norm.
Bottom line is Scottsdale will be the true test in January.
#14
I thought the 1938 Packard Victoria convertible going for $180,000 was a pretty good price. That year isn't as desirable as the earlier 30s cars. It was the only car of that era and type in the auction apart from a 1927 Buick sedan which also brought good money. Scottsdale is going to be very interesting.