Barrett Jackson.....

[DarrenX33]

Good point Pete! http://www.yenko.net/ubbthreads/images/graemlins/biggthumpup.gif

[budnate]

saw some deals that looked to good but hey I didn't know the machine maybe it was a crap rebody or what ever.

the '68 Hemi car with bike was a steal,

Motion Camaro and Red Alert had me scratching my head...and what was wrong with the Black Hemi car that went for 250?..multi award winner. pebble beach invite, Elvis inspected it and signed off saying she was a good one.

some others as well, overall the good cars went for market and if a guy was taking a leak and missed his car somebody got a fair buy.

I will say unless someone says different I was crying when the green Hemi clone car went across this morning for 72K...car looked good, they may still be working on getting the sellers heart going.... http://www.yenko.net/ubbthreads/images/graemlins/beers.gif

"Rock n Roll" BJ '08 or bust.......... http://www.yenko.net/ubbthreads/images/graemlins/burnout.gif

[nuch_ss396]

MAN!

It seems that the whole collector car market is up in arms
about this years B-J results. Craig must be crapping in
his pants right about now. http://www.yenko.net/ubbthreads/images/graemlins/tongue.gif They better hire James Carville
to sort this one out. It's all about the money - stupid! http://www.yenko.net/ubbthreads/images/graemlins/rolleyes.gif

Steve

[Steve Shauger]

To me Barrett Jackson is an entertainment event. Everyone selling cars there took a risk and knew this up front. The risk for some out weighed the reward. Instead of focusing on the negative, look at the great deals that were found.

At this point many sellers/dealer will reevaluate the risk/ reward of a no reserve auction. I anticipate other competing auctions such as RM and Russo-Steele will rapidly expand due to sellers/dealers no longer wanting the risk associated with no reserve auctions.

Would I, or do I need to sell a car at an auction no. There are plenty of avenues to sell a car. If your car has true pedigree or is a well built resto-mod you should have infinite opportunities thru the internet or boards such as this.

It kinda made me laugh when a sale of the survivor 69 Z28 sold last year at BJ for $211K and many thought this was now the norm. One sale doesn't set the standard for all future sales.

Will I go to Barrett Jackson in the future, absolutely. It is amazing for its entertainment value, and lots of fun being with fellow enthusiasts.

[Xplantdad]

BINGO! http://www.yenko.net/ubbthreads/images/graemlins/beers.gif

[GRB]

Great entertainment but kind of like Pinks, it could be so much more. As long as C.J., Stevie Wonder and the heathen band of screaming shills are involved it will always put off a stench. And I know Carroll Shelby hung the moon but his reputation ain't all that swell either. <----somebody had to say it!

[PPPJJJFFF]

Not to change the subject but I must for a moment. Atleast the Buick camp is feeling pretty good that their (and mine) beloved Stage 1 GSX finally started to get some attention. 182K worth. This car was advertised as one of the best. That could be debated. But if your looking for a diamond in the rough. Start thinking Stage 1 cars! http://www.yenko.net/ubbthreads/images/graemlins/wink.gif

Patrick

[P.J.]

If you are going to spend a big pile of money at the BJ for your favourate car, all the while taking a chance on being
burnt like my buddy who purchased a 57 chevy last year for 125000. and when he took it home and inspected it on a hoist. The car was full of cheese. Why not buy a project car to restore with all the documents, and then you know whats in the car and its done right.
Peter

[chevelleheart]

Absolutely , I never met the man,Craig Jackson, but the show has almost turned into a farce. Kinda like the "Emperor's new clothes" if you remember that childrens story ?? A lot of Back slapping each other,20 % commisions and as others have pointed out , the quick sales to friends and the long drawn out sales for friends cars.As GRB and paceme said it's for entertainment only and I value the members here opinion and their cars as the real market.My opinion on BJ , it never was about the cars, maybe originally 20 yrs ago, but now it's all about the money $20.00 MM for a week's work on commisions plus the gate , product sales etc, that's all it's about. Gonna be some interesting in Florida come spring time. !!!!

[quick-bowtie]

I will go back also but dont think it will be to sell.. They do put on a show and it is entertaining.. What burns me and alot of people I believe is the fact its alot about who you know. If you a movie star or rock star or just have a boat load of cash they stroke you to no end and make sure you car brings big money and give it all the time in the world on the block. Even worse for me was see all the BS bidding I personally saw 2 time right in front of me guys CLEARY BID (AND THEY KNEW THE PRICE) and then when there just about to drop the hammer they guys say I bid the amoun t below that??? what the heck that total BS and they let them out of it and the next bidder gets it. I wish I had my friend Billy Bob running up my auction and and then do the same thing at the end. This happened countless times Im sure it was seen on tv also. Worst of all nothing happens to these guys they should have got escorted off the property by the 3 GOONS.. All I can say was they was alot of BS going on. I dont think you can hold Craig Jackson or Steve Davis accountable for the prices because bidders are going to bid what they want and they have no control over that, and they did pack the place so there was no shortage of bidders.. I think mixing clones in with GOOD saturday cars was a HUGE mistake but what do I know. Everyone knows what there getting into before the auction so if you took a hit its pretty much your own fault unless they rushed you off because a STAR/RICH GUY was coming up behind you. The BS Bidding is going to HURT there name or whats left of it.

[chevelleheart]

Good point,but your right there is at least 3 or 4 sales I have on the speed channel tape that shows exactly that, guys bidding the car up and then when the real bidder stops , they back peddle like crazy......and they get away with it.

[musclecarjohn]

More "re-counting" than I can ever remember happening.
Lot's of "short pull" bidding too makes you wonder.
Strange,strange stuff going on for sure.Great for the buyers but I sure wouldn't want to sell one there.

[nuch_ss396]

Entertainment value! Wouldn't sell a car there!!

Put a fork in B-J. They're done. http://www.yenko.net/ubbthreads/images/graemlins/shocked.gif

[Steve Shauger]

I am not sure about phone bidding as well. Are we to assume there is actually someone on the end of the phone actually bidding. I would like to know how this is monitored.

[sYc]

IMO, the PR folks at B/J did their job. From what I have heard TV ratings were good, there is not a car site on the Internet that is not discussing the auction and it seemed a lot of folks attended, in spite of the poor weather conditions.

Same as NASCAR has become much more then just a stock car race, B/J is much more then just a car auction. With 40 hours of TV coverage, that is obvious. Few, if any of us would have tuned in for any length of time if all they did were roll cars across the block. No color announcers, the auctioneer out of site, showing no emotion, no celebrities or bidders being caught on camera, etc. Providing entertainment, which is what B/J has become, requires having drama. Need to have a couple of folks everyone likes, such as Amy, a couple most viewers dislike (the screaming dude) and a couple that you either love or hate (Craig maybe ?).

In an effort to keep things fresh, each year B/J tries new things. Some work, some do not. Doubt if we will see any Von Dutch stuff in ’08, but these items, plus the Rock and Roll stuff and the gravity racers did add spice to the mix.

For 2008 no doubt there will be a few changes, but I will venture a guess B/J will be even bigger and wilder, will remain a No Reserve auction and most of the 2007 staff on board.

Would I take a car there, don’t know. Will I tune in again next, absolutely, or better yet, attend in person.

[427king]

[ QUOTE ]
you are going to spend a big pile of money at the BJ for your favourate car, all the while taking a chance on being
burnt like my buddy who purchased a 57 chevy last year for 125000. and when he took it home and inspected it on a hoist. The car was full of cheese.

[/ QUOTE ] I dont think its fair to blame the auction house because he bought a bad car and spent too much money.

[Steve Shauger]

[ QUOTE ]
[ QUOTE ]
you are going to spend a big pile of money at the BJ for your favourate car, all the while taking a chance on being
burnt like my buddy who purchased a 57 chevy last year for 125000. and when he took it home and inspected it on a hoist. The car was full of cheese.

[/ QUOTE ] I dont think its fair to blame the auction house because he bought a bad car and spent too much money.

[/ QUOTE ]

I agree, there is not much upside purchasing a car at an auction. It is difficult to inspect thoroughly, and your competing directly with other purchasers. Many buyers get caught up in the moment and pay above reasonable pricing. The seller is responsible for all incorrect information provided.

[sYc]

In a perfect world there would be no shill bidding, no mis-representating a product, but we all know it happens, at all auctions. Some times it works, some times it does not, but the bottom line, it is part of the auction game. So, whether at B/J, on Ebay, at your local flea market, where ever, decide before hand what you are willing to pay, and stick to it.

[Kim_Howie]

This year you had a ton of cars come out of the woodwork thinking about last years prices. The market hasn't dropped it just didn't increase by 30% as it has for the last 5 years. I think the field has leveled out. The Fords got there due this year. They increased and the Chevys didn't. Again if you don't like the way B/J is ran or showed don't watch or go. http://www.yenko.net/ubbthreads/images/graemlins/rolleyes.gif http://www.yenko.net/ubbthreads/images/graemlins/beers.gif

[GRB]

IF BY SOME CHANCE....anybody knows who got the red '02 Hot Rod maro and wants their $33k back let me know!! Is there any way to find out who bought what car???

[427king]

anyone know what the 69 blue chevelle L89 ragtop did money wise , and was it real/and or documented . I cant find anything on it.

[MGINLA]

It went for $65,000. 71,500 with sales charges. The buyer told me the seller would not talk to him about documentation. He lost a some money on that car. It was a dealer out of FL.

[ssl78]

I believe that was a real car and sold at Mecums spring auction for about 265k. OUCH

[427TJ]

[ QUOTE ]
Carroll Shelby hung the moon but his reputation ain't all that swell either. <----somebody had to say it!

[/ QUOTE ]

Care to elaborate?

[Late BrakeU2]

[ QUOTE ]
I believe that was a real car and sold at Mecums spring auction for about 265k. OUCH

[/ QUOTE ]

I saw the car up close and it was a peach,can't remember if there was supporting docs.If it was all there that had to be one of if not the most attractive purchases of the event imo.

[P.J.]

[ QUOTE ]
I believe that was a real car and sold at Mecums spring auction for about 265k. OUCH

[/ QUOTE ]
I saw the tail end of the chevelle going across the block
and could not beleive the price it sold for.I thought it was a clown (oops) cloan.
PJ

[ohhawk]

A few years ago there was alot of talk about foreign buyers going after some of these cars with big money and shipping the cars overseas to their new homes. Anyone know much about foreign investors in our collector car markets past or present? I ask because I don't hear anything of it these days.

[GRB]

[ QUOTE ]
[ QUOTE ]
Carroll Shelby hung the moon but his reputation ain't all that swell either. <----somebody had to say it!

[/ QUOTE ]

Care to elaborate?

[/ QUOTE ]

I believe it was shortly after the boom started, maybe late 80's or early 90's CS claimed to have found 10 or so Cobra's or Shelby Mustangs in a warehouse that were never completed. I owned a '66 Shelby Must. at the time and was a member of the (just found my Shelby American World Registry hardback dated 1987) Shelby American Automobile Club. I recall that incident causing quiet a stink with these guys as it devalued (or would have) their cars and made their "hero" look like a first class crook.

I recall CS and the club being very close prior to that incident but you don't see the SAAC and CA arm in arm anymore. At least I don't.

[joey]

about the bidder assistants these people work on a commission just as the auctioneer so its there job to get friendly and do whatever it takes to make a big sale they only get this chance once a year to make that 5 mil sale so for some there whole year earnings depend on this sale you dont slap a waitress when she is friendly at a restaurant I hope

[GRB]

They split all commissions and get a bonus for hitting a certain target in total sales.

[nuch_ss396]

In years past, I had seen footage of Amy putting her hands
on potential bidders. No one complained about that. Oh,
perhaps a wife or two.... http://www.yenko.net/ubbthreads/images/graemlins/rolleyes.gif http://www.yenko.net/ubbthreads/images/graemlins/naughty.gif

[427king]

[ QUOTE ]
The buyer told me the seller would not talk to him about documentation.

[/ QUOTE ] If he had it, why wouldnt he talk about it??? Im sure if it was a legit car it would certainly never go for 60K . Nor would the seller let it go for 60K when it previously did almost 300K. Cmon....

[BigG]

I too spent the weekend in Arizona.I spent wednesday and thursday at Barretts and Friday at RM and again Saterday at the circus/Barretts.Wed and Thurs nothing but junk period. Friday I got a lesson in Class and professionalism at RM and Saterday was incredible. First of all It seemeed like someone had called the used car hemi factory and placed the largest order in history for Hemi cars. I believe they ran 29 hemi cuda;s It looked like a clearence sale., but still I have to say for the 70;s hemi cuda;s the prices were very consistant and quite strong. Most of them sold for betwwen $240000 and $260000 plus the juice except for some 74 mile survivor that went for $500000 a 70 roadrunner coupe went for $210000 while a 70 roadrunner convert only brought $200000 a hemi 4-door brought $600000 being a one of three, which I thought was incredible later in the day is when things seemed to go South for our mossed prized 71 hemi cuda;s two went off'' not really the two of the best examples so it is really hard to gauge the market by these. A 4-speed $480000 and auto non build board plain jane ev2 $375000 plus the juice. In my opinion the worst thing is that they saved some of the best mopars for after ten oclock when nobody was left there so again impossible to gauge the market a Hemi Daytona and Superbird which they made the owner package $790000 plus.The one thing I can say is it was obvious something seemed to be going on with very fast hammering on some cars being sold and alot of odd retractions on bids on others that made you have to wonder who the bidders and buyers these cars were comming from and going too''In my opionion any one who didn;t do well here had only Barrett and themselves to blame.Anyone who would take there more than $200000 plus mopars and let these people run it a no reserve shows you don;t have enough respect in these cars yourself., and letting them run so many on you shows they have no respect for these cars or you as a client.The thing Barretts doesn;t get is the cars are the Stars not the Venue, and the TV they think they are what brings the prices and the people you and your cars have nothing to do with it. Steve Davis didn;t take his sun glasses off the whole day and night Saterday. I think He thinks He;s Steve McQeen'' Not Steve Davis. this is a going to be a very hard lesson for some of these guys who didn;t do well, but NEVER place a RARE and DESIRABLE MOPAR in SUCH a NO RESERVE CIRCUS like that again because you and Barretts Hurt the market the CARS and the reputation of RARE CAR COLLECTING in General By the Way RM SOLD the 71 Hemi Cuda convertible with reserve for 2.2 Million plus the juice On Friday. Barretts also sold a GTO RAM 1V Judge White and Black 4- speed very well documented but the owner who was honest with every one and said the car had been completely replaced from the cowl back by a dooner GTO Still sold for $117000 plus the juice

[427TJ]

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Carroll Shelby hung the moon but his reputation ain't all that swell either. <----somebody had to say it!

[/ QUOTE ]

Care to elaborate?

[/ QUOTE ]

I believe it was shortly after the boom started, maybe late 80's or early 90's CS claimed to have found 10 or so Cobra's or Shelby Mustangs in a warehouse that were never completed. I owned a '66 Shelby Must. at the time and was a member of the (just found my Shelby American World Registry hardback dated 1987) Shelby American Automobile Club. I recall that incident causing quiet a stink with these guys as it devalued (or would have) their cars and made their "hero" look like a first class crook.

I recall CS and the club being very close prior to that incident but you don't see the SAAC and CA arm in arm anymore. At least I don't.

[/ QUOTE ]

Thanks for the answer Ray.

I remember a dust-up over the coil-spring Cobra frames with "unassigned" VIN numbers that were found--maybe that's the same situation you described.

Please pardon me if I've misunderstood the situation, but I would have no problem at all if Shelby had found stored cars or parts and wanted to sell them as real. Yeah, I guess it'd be a bummer if such a find de-valued my Shelby* but such is life. Is Shelby supposed to destroy such finds in order to preserve the value of other people's Shelby cars? If Joel Rosen found a dozen Phase III '69 Camaros in storage that he had forgotten about would he have to keep them in storage or destroy them so as to preserve the value of existing cars in other people's ownership? Not trying to pick a fight, I'm just curious as to why it's a problem for Shelby to come up with continuation cars/parts, no matter how he came up with them. I mean, it's his name and his cars and his design and his legend. Without Carroll Shelby all those SAAC guys would be collecting some other car--and perhaps crying foul over the actions of whoever invented it.

Carroll Shelby has had his Cobra image stolen for profit for decades. Think of all the kit Cobra rip-offs over the past 30 years and Shelby had to fight them all over trademark rights and name rights. I don't begrudge him for his defense of his name and the design of his cars. Maybe he went along with what some people feel is a shady deal but much worse has been perpetrated against Shelby over the years. I don't look at Carroll Shelby as having "hung the moon" but he sure as hell beat Ferrari's ass in 1965. For that alone he is a real American hero in my book.

That's just my opinion, I could be wrong.

*I don't own a Shelby product. Wish I did!

[ssl78]

I just went back to the spring Mecum auction and found the L89 Chevelle that sold there. I was misinformed the car at Mecum had white interior with a white stripe.

[Belair62]

[ QUOTE ]
I don't look at Carroll Shelby as having "hung the moon" but he sure as hell beat Ferrari's ass in 1965. For that alone he is a real American hero in my book.
That's just my opinion, I could be wrong.
*I don't own a Shelby product. Wish I did!


[/ QUOTE ]

99% would agree !!! A true legend

[JHS]

This was my first, and probably last, trip to BJ. I was not that impressed with the cars as I could not really get close to them since I was not a bidder. I do have to admit that it was worth the price of admission just to see the women. Never seen so many young, attractive females hanging all over so many old geezers, wonder what the attraction was??

[Steve Shauger]

All the cars are parked under various tents for public viewing during the week, with a few exceptions. They are also viewable in the staging lanes as they enter the auction tent. A thorough inspection of vehicles is not pratical however.

[MGINLA]

I did not see any documentation and the buyer did not see any. So I do not know if it even exsits. The buyer knew nothing about Chevelles or the car. He like it and when the bidding droped from 70k to 60k he decided to jump in. He also was from FL and knew the seller (buy back?). He wanted know about any books to help him learn more and indicated he wanted to keep it. For the condition of the car it seemed like a good buy. It had some issues and I am no expert, but they were minor.

[GRB]

CJ - Being very interested in those cars 20 years ago and a member of the Shelby club and all that goes with that 'Blue Oval' to the core bunch, I remember things that I can't prove w/o some research BUT....CS was caught with his hand in the cookie jar more than once. The so-called missing Cobras, may have been some Mustangs too, was proven to be a scam which CS was intimately involved.

Just like people now build bogus, clone, recreation,
whatever you call them, Yenkos, people wanted Cobras. CS tried to stop them all and when he couldn't evidently wanted what amounted to extortion rather than a reasonable fee.

Remember that was 20 year ago. No Internet and no Google. This is what I remember from the newsletters of the day.
I do recall at the time the real owners absolutely hated the copycats. Visceral hatred. That may have changed. Would be interesting to know.

[TimG]

We just drove back to Austin from Phoenix, hit some snow in Tuscon. The low VIN Camaro sold for $69,000 and they had $60,000 in the car from what I heard. Probably a break even endeavor for them. Wish I had noticed the "N" in the engine stamp, how interesting.

Real cars with real paperwork and real motors did well. On Sunday, the original owner green '69 400 horse Corvette went for over 100K and the '72 LT 1 with gobs of paperwork (real) also went for over 100K. I was amazed by the number of cars that were advertised with real paperwork, but the paperwork was not available for viewing with the car. We were anxious to look at some specific cars advertised with a window sticker, but none was to be found and owners were not to be found. I'd have to assume that the paperwork is not real in these cases. I did see some fake paperwork being presented with some cars. They did not qualify the paperwork as "original" but the description said the car had a window sticker or some other paperwork. This to me implies a real one. Let me tell you that if I brought a car to this auction that had an original window sticker, I'd blow it up and present it on a billboard so it could be seen from across the parking lot.
Yes, there were some good deals. After the cameras went off on Saturday the place got very quiet and the guys I came with bought what I consider to be one of the most original 1,800 mile Hemi cars on earth at a very, very respectable price. I would imagine the seller anticipated two times what this car brought.

[Paul D]

The car Tim mentioned that we bought is a 1966 Hemi Satellite automatic with 1800 orig miles, Citron Gold with black buckets. It was lot 1342 and we paid 143k including the juice.

We didn't look it over to carefully before we bought it, in that it went across at about 11pm Saturday night, but later we crawled though it in a lot of detail, along with a few "hemi guys" that were around. This car is most unmolested showroom original that I have ever seen. The only things that seemed to be changed from factory new were the battery, exhaust, and tires. The blue streak original spare and jack appeared to never have been out of the trunk.

It spent 28 years in the Macroder (sp) Museum in Phoenix, was purchased new in Florida, and when the museum was dismantled went to a Ford collector in Washington around 2002, who traded it in on a new Ford GT last year. After we get a chance to sort out the names of the owners, we may need some help in tracking them down. It came with an original build sheet, and the fender tag is there.

Does anyone know this car??

[Paul D]

By the way, I also got that '64 Mercury R-Code at B-J. Looks like a nice original with all factory docs. Anyone familiar with that one? Lot 1020. I know......so much for downsizing the collection!

[x Baldwin Motion]

[ QUOTE ]
.......the description said the car had a window sticker or some other paperwork. This to me implies a real one......

[/ QUOTE ]

It's a shame how the scammers double talk has legally worked its way into our hobby; "Numbers matching" and "correct factory date coded equipment",
back in the old days that meant original, "born with" components. Do we need lawyers now to buy cars for us so we don't get ripped off? We can not count on the second hand descriptions by brokers and auctioneers to be anything but heresay. They quite clearly absolve themselves of any liability concerning a vehicles authenticity.
We're back to the sixties, "Let the buyer beware"

[Steve Shauger]

I may be able to get some information on the chevelle from the new owner who is a friend of a friend. The guy is a retired NY detective now living in FL.

[Mr70]

Paul D
I would like to see and hear more about that 66 Hemi Satelite in the future.
Maybe a members rides feature?

[TimG]

The car looks like it left the factory last week, amazing. http://www.yenko.net/ubbthreads/images/graemlins/shocked.gif

[Late BrakeU2]

There were some very nice documented cars there with storyboards and copies of their pedigree.One that came to mind was an Olympic gold cross ram that I believe sold for over 160k.
So if last year was percieved as the top,and this year some great values,what does 08 bring?.Maybe the fact everyone who watched from their living rooms last year sat up like prairie dogs in front of the TV and decided to head to boom town and cash in..the floor was certainly flooded with like cars and that allows for choice.

I didn't sell anything there but might at R&S next year.Can't see BJ going back to no reserve as SPEED would certainly object for obvious reasons.While I know some people are hopping mad at what their cars brought(and rightfully so) there has to be an almost equal and satisfied amount of buyers who scooped up some nice stuff at a song.I mean it's really no diff than Vegas with out a reserve right?.You're banking on the fact it will continue trending up .I equate it to stock trading-when the Jim Cramer idiot savants tell the retail fish to buy,buy,buy XYZ stock because it's undervalued it usually means the square side is more than willing to sell you their shares at that price(anyone remember the Wall St Journal feature on Boomers with Muscle in their portfolio last summer?)Don't get me wrong I have an LS6 and they took arguably the biggest hit of all,but to blame the auction house for not looking into their tea leaves and predicting a stabilizing market for sellers is not fair imo.Hopefully this was a healthy correction and soft landing,but it begs the question how will it affect the people who are doing high $$ restorations.So where to now St Peter?.

[Hylton]

[ QUOTE ]
.....While I know some people are hopping mad at what their cars brought(and rightfully so)...

[/ QUOTE ]

Although I sympathize with anyone who lost at the auction, I have to ask what do you expect from a no reserve auction? Surely anyone who put their car in a no reserve auction understands the inherent risk of what may happen. Yes you could end up with a fortune but you can also end up taking a very large and vile tasting pill. Hell, there's only 30 guys bidding anyways......

[Charley Lillard]

I just got a call from a friend . People he knew took a car there expecting 1 mil. It sold for 300K instead and there are screaming because the auction ended too soon and they produced two people that were willing to bid much higher than the 300K but nobody saw them raising their hands. Shame on them for not bidding sooner or not letting a bidder assistant know they intended on bidding. The same people selling the car bought it about 3 years ago for 75K and they are bitching because they didn't get 1 mil. I lost out on something in the memorabilia auction because I tried bidding at the last instant but shame on me.

[Hylton]

That's the way I see it. If someone was willing to bid on the car past 300k then what were they doing when the auctioneer said "going once"....

[sYc]

Comes down to which side of the fence one is on. As I buyer I want all auctions, even Ebay, to be No Reserve, BUT, as a seller, I want a Reserve Auction.


Kind of ironic. Normally a No Reserve auction is good for the buyer, but in the past, B/J has actually been very rewarding to the sellers. This year, for whatever reason, and there are several, B/J this was pretty much a buyer's market.

[Charley Lillard]

Typically a no reserve auction will bring more money.

[quick-bowtie]

PaulD,

I know the Merc. you bought its from my area. it is a GREAT car and extremely nice when it is clean.. I know it got a little dirty out there but a good bath and you will just drool looking at it. Very Rare Car.

[427king]

A no reserve auction only benefits the buyer. I do notice that some cars with roughly the same value get a pretty nice starting price of say 200K, while others start at 50K, i wonder who makes up those decisions and what the criteria of getting the benefit of a higher starting auction are..

[Hylton]

[ QUOTE ]
Comes down to which side of the fence one is on. As I buyer I want all auctions, even Ebay, to be No Reserve, BUT, as a seller, I want a Reserve Auction.....

[/ QUOTE ]

I look at it this way - Want to take a chance? Go to B-J. Want less risk? Go to R&S. Never seen it written anywhere that a no reserve is a guaranteed money maker.

[Belair62]

I want to hear about the Merc. too !!!!!!!!!!

[Charley Lillard]

More people pay attention to no reserve auctions because they know they really have a shot at the item. Yes there can be a downside if bidding stops before where you think it should but for the most part it generates more bidders and higher prices.

[sYc]

[ QUOTE ]
More people pay attention to no reserve auctions because they know they really have a shot at the item. Yes there can be a downside if bidding stops before where you think it should but for the most part it generates more bidders and higher prices.

[/ QUOTE ]

I think a prime example of this is Ebay, where the majority of us do our best to avoid reserve auctions.

[musclecarjohn]

[ QUOTE ]
Typically a no reserve auction will bring more money...

[/ QUOTE ]

...to further line the pockets of Craig Jackson. http://www.yenko.net/ubbthreads/images/graemlins/naughty.gif

[JTH74]

They bought the car for 75K and sold for 300K, I don't see what they were bitching about, pretty good return if you ask me. Where was Ferrari hat guy and Alan Jones, I didn't see either one of those guys. What happened on the Futureliner deal last year that left one bidder very upset? B/J is good entertainment, much better than anything else that I could have been watching.

[JoeG]

When there is a reserve price, can't the seller lift the reserve if he feels it's close enough to what he expects.??-----------Could a seller ask to have a reserve price at BJ or was he kinda passed over for someone who had a ample supply of tums and was willing to " gamble" with his car.........??..........Just lookin for an education..

[sYc]

[ QUOTE ]
When there is a reserve price, can't the seller lift the reserve if he feels it's close enough to what he expects.??-----------Could a seller ask to have a reserve price at BJ or was he kinda passed over for someone who had a ample supply of tums and was willing to " gamble" with his car.........??..........Just lookin for an education..

[/ QUOTE ]

Yes..and... no.

A seller can lower, or even lift his reserve, this was done on numerous occasions at Mecum.

I believe B/J will only take cars sold with No Reserve.

[Stuart Adams]

BJ is simple economics. People wanting to sell at No Reserve out number the lots he has available. When he doesn't fill all his lots then things may change, until then no way. He gets his no matter what, american dream.

[m22mike]

[ QUOTE ]
They bought the car for 75K and sold for 300K, I don't see what they were bitching about, pretty good return if you ask me. Where was Ferrari hat guy and Alan Jones, I didn't see either one of those guys. What happened on the Futureliner deal last year that left one bidder very upset? B/J is good entertainment, much better than anything else that I could have been watching.

[/ QUOTE ]

I saw " Little Red Farrari Guy " Live on Saturday. He was up on the podium with the boy's for awhile.
I forget to bring my Malox ! http://www.yenko.net/ubbthreads/images/graemlins/tongue.gif

[TXSS]

I've never been very comfortable with the whole no-reserve B-J set up. The seller appears to take all the risk. There is no real incentive for them to work the crowed when they get their squeeze either way, unless it's a million+ dollar car. But let's be honest. With out sellers there is no auction. The sellers have allowed B-J to write the rules. Short of any unethical or illegal activities you can't fault Craig Jackson for being allowed to write the rules and make millions in the process. I know very few people, business men, investors, what ever that given the same opportunity would not have done the same thing. Any seller that expected to invest 75K in a car and turn it for a million and then complain about only selling it for 300K (if that's the real story) is just as greedy as CJ. I'm not saying that there is anything wrong or right about being greedy, but lets not call the kettle black. Sellers have allowed B-J to become the monster it has become and only the sellers can change it. B-J can't pay the bills selling pianos and soap box derby cars. If they in fact turned away 3000+ no reserve cars it may be a wile before things change.

I've attended both R-S and B-J. For entertainment B-J is a ton of fun but for selling a car the R-S auction is much more my style, reserve pricing, much smaller, much more intimate in fact to intimate for there to be any shill bidders or missed bids. Plus those guys at R-S really work the crowed. If a few more major auction houses had auctions in Scottsdale during B-J week they would have to take reserve cars.

[JTH74]

I missed that part of the auction on Saturday night, had to attend B-day party for my father-in-law, Ferrari hat guy is usually all over the place on Friday and Saturday night.

[427TJ]

[ QUOTE ]
But let's be honest. With out sellers there is no auction. The sellers have allowed B-J to write the rules. Short of any unethical or illegal activities you can't fault Craig Jackson for being allowed to write the rules and make millions in the process. I know very few people, business men, investors, what ever that given the same opportunity would not have done the same thing. Any seller that expected to invest 75K in a car and turn it for a million and then complain about only selling it for 300K (if that's the real story) is just as greedy as CJ. I'm not saying that there is anything wrong or right about being greedy, but lets not call the kettle black. Sellers have allowed B-J to become the monster it has become and only the sellers can change it. B-J can't pay the bills selling pianos and soap box derby cars. If they in fact turned away 3000+ no reserve cars it may be a wile before things change.

[/ QUOTE ]

Well said Rick.

[Late BrakeU2]

There was a cat on Chevelle tech last night recalling how he had been to every BJ Scottsdale since 1971.Wonder what the en vouge stuff was back then..

[Ngtflyr]

IMHO anyone who hasn't attended Barrett Jackson but has thought about it....go! It has everything you could imagine that is car related, there is so much it is overwhelming and getting bigger all the time. There is too much information to process. If it is true that 3000 cars were turned away you won't be seeing the no reserve aspect going away any time soon. It amazes me that they accept some of the junkers that go accross and makes me wonder what they turned down. There are some amazingly cool cars there and definitely something for everyone, no matter what you like. Would I run a car through BJ? I have considered it but don't think my heart would take it, talk about high stakes gambling, too many risk factors and no reserve. It would hurt like hell to buy your own car back, especially if you shipped it there and had to haul it back. I have sold a few cars at other auctions in Phoenix, Kruse and RS, with a reserve, that is nerveracking enough. I would however consider buying a car at one of the auctions, even with the fees, there are steals, especially early and late in the day. And you really can't fault Craig Jackson, like so many others have said, wish I had though of it, what a racket, he can't lose. He gets you coming and going, attendance fees, concessions, merchandising, TV royalties etc, etc. Joe Blow public thinks they can pull any heap out of the barn, run it thru BJ and break the bank. BJ is referenced all the time on ebay and ad after ad as the market price. That is what the general pulic views as the benchmark. For a more pure muscle car auction I recommend RS, great cars, and plenty of them, you can still do a reserve and there are good buys to be had. I will have to check out RM, I've never went but plan to in the future, always hear good things about it. Any of it would beat what I'm doing currently, AFN didn't even carry BJ at all as far as I could tell. Oh Well, guess I can catch the reruns when I get back in a couple weeks.

[Xplantdad]

[ QUOTE ]
I want to hear about the Merc. too !!!!!!!!!!

[/ QUOTE ]

I think this is the car he's talking about...

http://i19.photobucket.com/albums/b156/lotsayenkopics/Barrett%20Jackson%2007/Monday/tn_DSCF6911.jpg

http://i19.photobucket.com/albums/b156/lotsayenkopics/Barrett%20Jackson%2007/Monday/tn_DSCF6910.jpg

[Charley Lillard]

Last year prices were sky high and people bitched about how high they were. This year they are lower and people are bitching about low they were. There are many people still out there that want a good car. There are many people that have looked on Ebay, in Hemmings etc that have traveled far and wide only to see the garage door open and see a totally misrepresented POS that they just wasted a days travel time and airfare on. With Barrett-Jackson I see guys like Galen Govier and Jerry MacNeish there at the auction looking at many different cars for customers. You can do alot of looking in one location and sift thru the crap in about 3 days. I have talked to alot of people that have been traveling off and on for a year looking for a good car only to find out we all have different interpretations of what a good car is. At Barrett-Jackson they are all in one spot and they are all for sale. Many are willing to pay extra in exchange for avoiding the wild goose chases.
Barrett-Jackson is a great place to broaden your horizon on cool cars. I fell in love with a 58 Desoto convert that I would never have even imagined I would like.

[Xplantdad]

So did the Desoto come home with you...along with the 116 Corvettes? http://www.yenko.net/ubbthreads/images/graemlins/dunno.gif

[Charley Lillard]

Nope.... If I would have had the dough I would have owned that 68 Yenko.

[SUSQ]

I've never been to Barrett Jackson in Scottsdale as this time of year is always a busy time for me. I was considering attending the Palm Beach auction at some point as the timing works better for me. Looks like a much smaller venue where I could get a little closer to the action. Can't be a buyer at this point . .the kids are 9 & 11 and I'm buying college credits in advance. I buy till it hurts and then I buy some more. Anyway, I was wondering if anyone could do a compare and contrast of the two aution experiences.

I'll be out of town during the Palm Beach auction this year but plan to be there in 2008. I've vacationed in Palm Beach quite a few times and really enjoy it. Being an East Coast guy, I can have breakfast at home and lunch in Palm Beach.

[TXSS]

Charley I know what you mean. Last year in Scottsdale I saw a Red 64 Riviera that I fell in love with. That's right a Riviera, who would have thunk. That thing was like a space ship inside and must have had 5000 lbs of chrome and stainless in the interior alone. That was one cool ride.

[Paul D]

Another pic of the R-Code Mercury....quite a boat!

[Paul D]

nice original interior

[Paul D]

have receipt from the original owner buying this Ford tach from the dealer in 1964

[Paul D]

check out that big factory TI box on the inner fender....

[Xplantdad]

Cool stuff Paul http://www.yenko.net/ubbthreads/images/graemlins/beers.gif

[Norm reynolds]

The whole thing come down to this Yes many seller Knew it was no reserve
BUT the Jackson Group told many of the seller Don’t worry We will work the car we are experts I guarantee you will get your money and may be more Problem is the
Guarantee was not in writing . and The way I see it and I have been around to long to see that this has started A very bad situation.. I have been jumping all over the web and I can say for a fact I have NEVER seen so many people pissed off at B/J If Craig wants to be bull headed and keep on have no reserve auctions 5 years form now we will not be seeing it on speed and it will be down hill from here
All the people here that thinks The no reserve is a good thing. Well Think of it like this You put your house up for sell . your are looking to get let say 300.000 for it BUT you have to sell it at a no reserve meaning if some one offers you a 150.000 you can not say no and you will be forced to sell it Does that Make any sense??? NO
Then Why should some one that has over 200.000 in a car and gets an offer for 75.000 and can not say no That’s NUTS
I really believe the whole no reserve mess will be history if not then we will see B/J will start to decline to
A slow death

[L30M20]

she's warming up...

[Mr70]

I watch Grin & Barrett every year,because it's a gamble either way and always great Theater.
If sellers want top dollar for their vehicles all the time,and buyers want to pay the smallest amount possible all the time,then the sellers should hold a public Raffle for their vehicles in their living rooms and broadcast it on youtube.

[9SECONDYENKO]

I love my non numbers matching cars.

[nuch_ss396]

[ QUOTE ]
I love my non numbers matching cars.

[/ QUOTE ]

http://www.yenko.net/ubbthreads/images/graemlins/haha.gif http://www.yenko.net/ubbthreads/images/graemlins/haha.gif

[9SECONDYENKO]

x100

[Denis]

That darn Craig Jackson. He's such a bully. Word is he's lobbying with the city for a yearlong use of city land for ongoing auctions. Now, today, I find out he's got his own brand of beer in the stores:

http://waterintowino.typepad.com/water_into_wino/images/arrogant_beer_ale_1.jpg

[68l30]

Auctions are for liqudating your assets...period.Otherwise it's a huge gamble,take your chances.....Think about it.. If they were so great we would be going to auctions daily instead of shopping at stores.....Great for fire sales...Look at ebay...Is it the auction concept that is so much in demand? Heck no! It's because it's reaching a mass audiance with it's volume and ease..... Face it.. were lazy! ...Do your home work and buy smart..BJ is no different.


Steve http://www.yenko.net/ubbthreads/images/graemlins/cool.gif

[Charley Lillard]

Norm I don't believe you can come up with one person that told you that Barrett-Jackson gave them a verbal gaurantee that they would get them their money. http://www.yenko.net/ubbthreads/images/graemlins/bs.gif

[tom406]

That '66 Hemi Satellite is the real deal. I was walking through the big tent when I saw it, and I recognized it immediately. I then called my friend Gary (the Ford collector in Tacoma, WA, and previous owner) and said, "Hey, your Hemi Satellite is here!" He had no idea, and last he heard, one of the two guys who partnered to buy it decided to keep it for himself. Gary was watching the auction on TV, and was feeling a little sick, since after watching the '66 Coronet 4dr go for $600K, he was thinking that maybe this was the year for early Street Hemi cars to break the bank. http://www.yenko.net/ubbthreads/images/graemlins/crazy.gif

It was "predicted" to cross the block at 8pm on TV, but like many cars, it went much later in a largely vacant building, around 10:35 pm. I called Gary with the results of the auction, and he was both relieved (he did fine with his trade deal) and surprised (it is SO nice, you'd think it would do better).

I've spent hours looking at that car, and wrote up appraisals for it twice. It's so honest it hurts.

MacGruder owned it for a while-the original owner owned it and a Hemi Challenger with no miles as well, and MacGruder had both of them. When he liquidated, the Challenger sold quickly, but the Satellite was one of the last to go. Gary bought it, but had already bought a very nice 40K mile red/red '66 Hemi Satellite as his token Mopar. I guess the original owner put mags on it when new, but never drove/raced it. That's why the tires are repro, and the wheels and caps may not be original to the car. Otherwise, it is BRAND SPANKING NEW.

PM me if you'd like Gary's contact info, he'll be happy to know it went to a good home. He can be more specific with it's previous history as well. He's enjoying the GT, and still has around 30 vintage cars left, so he'll be fine.

I saw that Merc when I was in Minnesota a little while back. What a nice car. Knew his stuff, we talked about the history of the car, and about my 406 Galaxie, and the '64 Parklane Breezeway car I had bought from a friend in the same color combo.

http://www.yenko.net/ubbthreads/images/graemlins/biggthumpup.gif

TOM BRESKE
Seattle, WA

PS-Thanks to Denis for having the brunch, Tony (Mr.T) for shuttling me around while my family had the rental car, Mark Hassett and Budnate for the rum'n'cokes courtesy of the bidder's bar, and anyone else I ran into on my trip. I still can't believe it SNOWED on Sunday, but Monday was very nice, and we just came back today. Renting the house worked out really well, much better than hotel living.

[watk69]

That cat be me and when old man Barret was running the show 30's Mercedes, Packards, Duesenburgs, Ford T Birds, and early Mustangs ran the show. Back in the day Kruse was the king and BJ was still small potatoes. Collectors did not have a feel for muscle yet. http://www.yenko.net/ubbthreads/images/graemlins/burnout.gif

[BUIZILLA]

what's the purpose of putting the big SOLD sticker on the window after the sale, when it's obvious it's sold before it already hit's the platform???

[mrrec]

[ QUOTE ]
what's the purpose of putting the big SOLD sticker on the window after the sale, when it's obvious it's sold before it already hit's the platform???

[/ QUOTE ]

HYPE. It ends the deal and shows SUCCESS! It's also a leftover from the reserve days when many cars didn't sell.......
Dave

[Charley Lillard]

After the car is sold the sticker goes on. It is kind of a ceremony. It then gets parked back out with the other cars for sale. It is nice to know when you are sifting thru 1000 cars for sale which ones are already sold.

[68l30]

The 66 Satelite was in a old issue of Musclecars.....It was a article ..."In search of the foor door Hemis".There were two in the mag,one red and one white....I believe the red one was missing it's engine and the white one was complete...I do remember the cars had a dash plaque from Dodge the read "Special made for..." If my memerory is correct the name on the red one was Floyd Crammer...I have the issue somewhere.......I need to start digging....

Steve

[Rixls6]

My neighbor across the street from me at my last house, used to work as a new car salesman in the 60's and 70's for a Plymouth dealer.

One day while just yacking about old cars, he tells me about a Hemi powered 4-door Satellite that was delivered to his dealership by accident. I just wonder if it was one of those being discussed here.

[Xplantdad]

[ QUOTE ]
After the car is sold the sticker goes on. It is kind of a ceremony. It then gets parked back out with the other cars for sale. It is nice to know when you are sifting thru 1000 cars for sale which ones are already sold.

[/ QUOTE ]

Hey Charley...in the best "Charley practical joke fashion" I almost took a few of those sold stickers...so that they could be conviently placed on a few peoples rental cars...LOL

The joke that you pulled on JIM was hilarious though http://www.yenko.net/ubbthreads/images/graemlins/haha.gif http://www.yenko.net/ubbthreads/images/graemlins/haha.gif http://www.yenko.net/ubbthreads/images/graemlins/haha.gif http://www.yenko.net/ubbthreads/images/graemlins/grin.gif

[Kim_Howie]

Gary Friar in Des Moines Ia bought a 4-door car in Minn. around 1989 -91 He bought the car from the guys wife The motor was out of it. I think the guys name was Pappy something I don't remember. I do remember Gary said he gave 10,000 for the car. Anybody know this car http://www.yenko.net/ubbthreads/images/graemlins/beers.gif

[Steve Shauger]

[ QUOTE ]
The whole thing come down to this Yes many seller Knew it was no reserve
BUT the Jackson Group told many of the seller Don’t worry We will work the car we are experts I guarantee you will get your money and may be more Problem is the
Guarantee was not in writing . and The way I see it and I have been around to long to see that this has started A very bad situation.. I have been jumping all over the web and I can say for a fact I have NEVER seen so many people pissed off at B/J If Craig wants to be bull headed and keep on have no reserve auctions 5 years form now we will not be seeing it on speed and it will be down hill from here
All the people here that thinks The no reserve is a good thing. Well Think of it like this You put your house up for sell . your are looking to get let say 300.000 for it BUT you have to sell it at a no reserve meaning if some one offers you a 150.000 you can not say no and you will be forced to sell it Does that Make any sense??? NO
Then Why should some one that has over 200.000 in a car and gets an offer for 75.000 and can not say no That’s NUTS
I really believe the whole no reserve mess will be history if not then we will see B/J will start to decline to
A slow death

[/ QUOTE ]

All the sellers knew what they were getting into. With a no reserve auction there is an inherent risk. Many may have lost site of this since over the past several years tremendous profits have been realized (shame on them). It is interesting to note I have not seen a post from an actual seller bitching or whining about the out come of their particular sale. I do see a lot of finger pointing and bitching about the auction from spectators and TV watchers. Last year everyone(almost)were singing the praises of the auction... nothing really changed. We all make choices and if you choose not to participate in BJ so be it, but it is still the greatest show on earth.

If the no reserve auction process is not in the best interest of the sellers the market/sellers will find alternate venues to sell their cars. Lets not condemn the process that has work so successfully in the past, rather let the market define its merit.

[GRB]

We all know (I hope) that the free mkt. is self-correcting. All we have to do is watch it.

HERE'S my question: Why would any seller resort to an auction unless he had already exhausted all other possibilities? Why not try Hemmings, Epay or whatever first? In fact to maximize your selling price just how would you make sure you got your car in front of the potentially very small pool of buyers?

Example - All buyers have different motives for buying whatever they buy. I have very personal memories of certain cars that would make them more valuable to me. A couple pretty good examples went across the BJ stage but I wasn't there. I couldn't bid. How could the owner have gotten that particular car in front of me? If we can answer that maybe we can start our own business.....let's see.... what would be a good name for this venture????

[musclecarjohn]

Is it just me...

...or does anyone think the constant running of "Jackson-Hewitt" tax service commercials that are run everytime B-J is on the tube...is in anyway associated with Craig Jackson...? http://www.yenko.net/ubbthreads/images/graemlins/dunno.gif

[Late BrakeU2]

[ QUOTE ]
Is it just me...

...or does anyone think the constant running of "Jackson-Hewitt" tax service commercials that are run everytime B-J is on the tube...is in anyway associated with Craig Jackson...? http://www.yenko.net/ubbthreads/images/graemlins/dunno.gif

[/ QUOTE ]

Don't know for sure,but at the least it's subliminal in concept.Ad companies are hip the strong ratings the auction has been getting,and it's economical for SPEED as it fills the huge broadcasting gap between racing seasons.It's really a match made in heaven from a marketing standpoint for both and 40 hours of reality TV ads gets some hefty revenues.I'll bet two years ago the producers of SPEED bumped the coverage contingent upon them going no reserve ,the old format wasn't nearly as compelling for viewers imo

[Mr70]

Do you guys know if a 10% sellers fee is now the norm for ALL B/J auctions,and did it just begin with their Scottsdale 07 auction?
Is Mecum,RM and R&S raising theirs as well?

[Late BrakeU2]

I believe it was the first year for for the bump at BJ,and I think R&S was 7% no reserve and 10% for reserve auctions,but i might have that backwards.

Math wasn't my major but 10% of nothin beats 18% of your own car http://www.yenko.net/ubbthreads/images/graemlins/ooo.gif

[rubbinisracing]

I hope I never see another BMW X5 commercial!

[mockingbird812]

[ QUOTE ]
Do you guys know if a 10% sellers fee is now the norm for ALL B/J auctions,and did it just begin with their Scottsdale 07 auction?
Is Mecum,RM and R&S raising theirs as well?

[/ QUOTE ]

R&S is 10% for seller and 10% for buyer on a reserve auction. http://www.yenko.net/ubbthreads/images/graemlins/crazy.gif

[Canucklehead]

Lets not forget that if your an internet bidder, phone bidder or if a barrett member is bidding on your behalf the fee goes to 12%. Craig also charges you storage fee while the car is there.

[Glenn J Coleman]

[ QUOTE ]
Nope.... If I would have had the dough I would have owned that 68 Yenko.

[/ QUOTE ]

That was Andy Wolf's car out of Indy. I haven't had the courage to talk to him since the auction. I know he turn down $300K prior to the auction. Needless to say, you can list him in the "Unhappy Seller" column.

I was scheduled to go, then backed out to take care of my folks in St Louis. I would have mortgaged my house to buy that car. http://www.yenko.net/ubbthreads/images/graemlins/worship.gif Oh well..that's the auction business.

ps: I do know that he did not arrange the "buy back" procedure before the auction.

[JIM]

Charlie got me !!!! It was all good !! http://www.yenko.net/ubbthreads/images/graemlins/beers.gif

[JIM]

I was a previous owner of the car that sold at Mecum in 06. That car was dusk blue with a pearl bucket interior and white top and stripes, different car. The car at B-J I was also associated with, very nice original original sheetmetal, and colors no doc's and not a happy ending for the seller. A good buy for someone, chevelles were all over the board many unhappy endings there http://www.yenko.net/ubbthreads/images/graemlins/dunno.gif !!!
Jim http://www.yenko.net/ubbthreads/images/graemlins/3gears.gif

[CamarosRus]

Can anybody offer knowledgeable comments about the M.Y. ("Camaro Factory") Camaros from Portland,OR did and how high $$$ they sold for ..........