![]() Dedicated to the Promotion and Preservation of American Muscle Cars, Dealer built Supercars and COPO cars. |
#61
|
||||
|
||||
![]()
[ QUOTE ]
The reason many cars didn't sell is because this is mainly a reserve auction. Most of the cars have a set reserve. Many of the car owners were expecting a record sale price for each and everyone of their vehicles. Many record selling prices were set and many by dealers who expect to be reselling the cars at a profit. It was one of the best gatherings of Vintage Muscle I have ever experienced. The Drag'in Snake Sold for appox $1.5mm or so A Mr Norm's Super Stock '64 Hemi sold at $350,000 or so. Silver Cross Ram Z28 $150,000.00 or so. We sold a few cars as well as many of the bikes. Many thanks to all who helped out and stopped by to visit,especially Bob Ashton who naively volunteered to get in the cars on a 90 degree and 100% humidity day and drive them across the block for us ![]() [/ QUOTE ] Was it hot in those cars? I never noticed! ![]() ![]() |
#62
|
|||
|
|||
![]()
[ QUOTE ]
Last I saw,John O.'s Red 68 Gibb Nova was bid to 235K,with a No Sale. He literally ran out of gas and needed to push it on stage.. He got 340K for the his meticulously restored 69 RG Yenko Camaro. [/ QUOTE ] Wow! A 69 Yenko Camaro sold for $340K? That's strong money. Was there anything special about this Gibb Nova like a 427 or was it the stock L78?
__________________
69 Z28 JL8, #'s match - being restored |
#63
|
|||
|
|||
![]()
red alert ls6 200,000
fc7 hemi cuda 325,000 yenko chevelle no sale gsx stage 1 127,000 comet r code 100,000 r code mach 1 65,000 x code mustang gt 45,ooo unrestored cyclone 67,000 just some of the cars i saw cross the block |
#64
|
|||
|
|||
![]()
So, the RG sells for 340K & buyer pays 5% (17,000) he actually pays $357K. Seller pays 6% (20,400) and nets $319,600. Mecum makes $37,400
![]() For doing what? ![]() |
#65
|
|||
|
|||
![]()
For selling the car
![]()
__________________
Don't mess with old farts - age and treachery will always overcome youth and skill! Bullshit and brilliance only come with age and experience. |
#66
|
|||
|
|||
![]()
Mecum was paid the money for bringing the buyer and seller together. He had to spend a ton on ads, the venue, employees etc. Selling a car is not that easy.
|
#67
|
||||
|
||||
![]()
Not siding with anyone,but Danas' tent rental fee for this event alone had to be more then most make here in a year.
Excluding Belair if you're commutin to Deerfield. ![]() |
#68
|
|||
|
|||
![]()
I thought the RG Yenko got bid to 350 and was a no sale reserve wass 400. Maybe it sold after the auction
__________________
69 RS SS L78 conv 69 RS SS ZL1 69 L78 Chevelle conv 69 L78 Nova 69 L34 Nova 67 SS Chevelle 73 Trans Am |
#69
|
|||
|
|||
![]()
Wow, absolutely freakin ironic! The little ole red Deuce brings more money than "Motion" Camaro's and "Harrell" Novas. Boy oh boy, just think, the car could have been had 2 years ago for only $50G. I think seeing that made my week. And to think "the car is nice but not that nice" and it don't have the original motor" and "run them Deuce values up fellas!", "it's just a small block", and my favorite, "the Antiques road show Deuce." The seller is laughing all the way to the bank!!
![]() Oh yeah one more totally ironic thing. Both buyers on my car were BOTH "outsiders." No one from any known website ponied up for it. Interesting. ![]()
__________________
Frank Magallon |
#70
|
||||
|
||||
![]()
I love Motion cars but it doesn't seem that the auction block is a good venue for them...
__________________
1969 Z28 1972 Corvette |
![]() |
|
|