Barrett Jackson

[William]

Originally Posted by MosportGreen66

Added RS and added x33. Likely added hood and spoilers? Where does it end. Stupid buy. Bottom side was spray bombed black. Didn’t even have a smog system...

X2. Not a great car. Missing RS wiper motor, VE3 jack. Not built w/D80. It was displayed behind #1114, Le Mans blue RS Z/28. It was comparable and sold for $104,500.

No point in trying to make sense of either sale.

[olredalert]

Originally Posted by BJCHEV396

John Staluppi.Will be selling 140 cars through B-J.Think a lot of these top collectors,as they get older,realize that cars aren't as important in life....family and health are.

----And yet, Staluppi was buying cars left and right. He is still a big car guy. Just rotating stock, I think!......Bill S

[Ambrola]

As always, BJ cars sell for more money than their worth? Look at Pratt. He didn't make any thing on millions of dollars of investment in the car market. But then again, he spent stupid money on BJ cars at the advise of Steve Davis. I can't hardly watch BJ any longer. Mecums is the place to buy and BJ is the place to sell?

[SeattleCarGuy]

I don't look to B-J as the barometer of the market at all. Maybe when things peaked in 2006-2007, you could say it was representative, but probably not anymore.

In general, its just great entertainment being down there. We hit most of the auctions, B-J, Russo, RM, Silver. Biggest surprise was Russo-Steele. Seemed like they had maybe 60% of the cars they had last year and maybe half a dozen nice correct musclecars. Lots of junk, in my opinion.

Barrett Jackson never disappoints in being great entertainment, seeing some beautiful cars, some great deals (what's with all those 1957 Chev 150 sedans going for around $50k, even the fuelie's?), and just having fun talking to vendors, etc. Even George W. Bush showed up. That was a treat!

Super fun week, wouldn't miss it.

And for the record, I'm 47. Hope to be in the hobby and still buy quite a number of cars in the future. Not looking at the cars as an investment anymore, just a fun hobby. Stock market and real estate lately are much better.

[BJCHEV396]

Originally Posted by olredalert

----And yet, Staluppi was buying cars left and right. He is still a big car guy. Just rotating stock, I think!......Bill S

Was reading an article about Staluppi where the FBI claimed he was a member of the Columbo crime family.Besides cars and boats he also owns a gentlemen's club.

[Charley Lillard]

Originally Posted by Ambrola

As always, BJ cars sell for more money than their worth? Look at Pratt. He didn't make any thing on millions of dollars of investment in the car market. But then again, he spent stupid money on BJ cars at the advise of Steve Davis. I can't hardly watch BJ any longer. Mecums is the place to buy and BJ is the place to sell?

I also thought Pratte would lose his ass when he sold but I seem to remember people paying stupid prices when he sold. Would be nice to compare his bought and sold prices.

[Lee Stewart]

Originally Posted by Charley Lillard

I also thought Pratte would lose his ass when he sold but I seem to remember people paying stupid prices when he sold. Would be nice to compare his bought and sold prices.

I can tell you he lost money when he bought the 1966 Shelby Super Snake in 2007 ($5.5 million) then sold it in 2015 for $5.1 million (com. inc. on both numbers)

[whitetop]

Originally Posted by Charley Lillard

I also thought Pratte would lose his ass when he sold but I seem to remember people paying stupid prices when he sold. Would be nice to compare his bought and sold prices.

I would bet Pratt also received deep discounts on commissions both ways from BJ and in some cases I would bet he paid none at all. In effect he was used as advertising for BJ for people to spend more money than they would have otherwise.

Potential buyers think: Here is a super rich, smart guy buying very high priced cars. He must know something I don't so i will pay high prices too.

Probably some right offs also done by sharp accountants.

Guys like Pratt don't normally lose money.

[the427king]

Im pretty sure those with unlimited funds dont buy cars for investment,but for enjoyment and bragging rights.

[Xplantdad]

Originally Posted by SeattleCarGuy

I don't look to B-J as the barometer of the market at all. Maybe when things peaked in 2006-2007, you could say it was representative, but probably not anymore.

In general, its just great entertainment being down there. We hit most of the auctions, B-J, Russo, RM, Silver. Biggest surprise was Russo-Steele. Seemed like they had maybe 60% of the cars they had last year and maybe half a dozen nice correct musclecars. Lots of junk, in my opinion.

Barrett Jackson never disappoints in being great entertainment, seeing some beautiful cars, some great deals (what's with all those 1957 Chev 150 sedans going for around $50k, even the fuelie's?), and just having fun talking to vendors, etc. Even George W. Bush showed up. That was a treat!

Super fun week, wouldn't miss it.

And for the record, I'm 47. Hope to be in the hobby and still buy quite a number of cars in the future. Not looking at the cars as an investment anymore, just a fun hobby. Stock market and real estate lately are much better.

Exactly....