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anybody watching barret/jackson?

2K views 19 replies 15 participants last post by  BENSE 
#1 ·
i watch every year and it is good to see the economy has not effected the price of cars being sold.man i wish it was the same for our boats.with boats you would think it would be the same.most of our boats are one offs,no others like it.so why is it different for boats.some cars they made thuosands of them.and they still hold value.even the cars that there where only less than five hundred hold crazy value.why is it that most of our one off boats aint worth shit.i just dont understand.i hope that things change with our boat values.because i know of alot of boats that i would buy if i had the money that is being spent on these cars.we need a barret/jackson for boats.:)bulb
 
#7 ·
The charity, and the amounts spent on it, are a pretty decent thing in the overall auction. Some of the charities are run by some really good people. The one with Darrel Gwynn comes to mind first. Many of the restored, and resto mod stuff, you couldn't come close to building for what they're sold for. The nostalgia stuff, old cobras, ferarri's, etc. go for stupid money.
 
#9 ·
the overall good thing is yes there is still money being spent on american cars.i think the prices are up from last year so that is good that there is still money to be spent on toys.it is good to see alot of money went to charity.victory junction gang,darrel gwynn foundation.these are charitys that are making a big impact on peeples lives for the better.there was a couple of older ladies from canada that bought a few cars. that seemed like a waist of money.where not very colectable.some of the custom cars went for way under what it would cost to build.sad to see a guy invest 100k into a car and only get 65k to 70k.sucks.just got to build what peeple would buy.but you never know what one person is looking for.
 
#14 ·
I'm glad to see the older classics -30's cars- bring the money again. I was there with my Dad years ago when the owner of Domino's Pizza bought a Duesenberg for 1mill.- B-J's first car to sell for over a Million. The last few years you could pick up the few that were accepted into the auction for 5 figures! I just saw a 35 Cad V12 hammer at $275 (tivo). Many of the buyers though are not "car guys" but investors- an investor won't be intimidated by a Cobra, Stang, Camero, Cad, Packard, etc. - A 70 Howard Woody, with a monster blown BBC would intimidate the "tie guy" and shrivel his wallet like nuts in cold water!
 
#15 ·
Cars have dropped huge 3 years ago they were getting 600k + for hemi cudas now barely 200k. I like the resto mods better than the stock cars better quality and upgraded suspension like that red 56 convertable WOW that was a nice car or that 67 mustang fastback built with aircraft quality.
 
#16 ·
These auctions are just a bad thing for the hobbyist out there. You get these mega-billionaires off Wall Street that are loosing money they put into the stock market, so they turn to cars. They don't care if they pay $2,000 for a hemicuda or $2,000,000, it's just a better place to put their money. Ruins it for the guy that just wants a hot rod like what he had in High School.
 
#17 ·
My brother had an original Superbird with Hemi. Rare with Hemi I understand. This was in the 70's. He pulled the Hemi for a Roadster project and sold the car for around 5K with a 440 in it. Who knew?

I heard at one time a car like this was now with half a mil.


I had a show quality GTX too, 383 only. Wish I had that one back also. Probably not worth a lot but somewhat unique in that condition.
 
#19 ·
In answer to your original question. Rare does not necessarily equate to value unless the rarity is because it had some special features such as Hemi, Ram Air IV, LS6 The boats don't hold value because anyone can go have a new one off Lavey, Hallett etc.. built today. All it takes is money. You can't go have a 1967 Shelby or a GTO Judge built and there are only so many of them to go around. When there are more people that want them then there are cars available, the prices will keep going up. There is a certain amount of history that led to the genesis of these cars. The fact that Caroll Shelby or John Delorean and others put their mark on these cars also adds value.

They were built 40 years ago and the ones that survived are desirable to the point that they command big bucks. The other factor that drives value is popularity. Not everyone is into performance boating. It is basically a niche market. Almost everyone knows what a 70 Challenger, GTO is and they had one or knew someone who did.
 
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