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Anybody watching Barrett-Jackson Auction on Speed Channel


Ricko1937

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First night of the auction was interesting. It is hard to believe the high prices plus the extras that both parties have to pay. The buyer pays a 8% fee to purchase and the seller pays a 8% fee to sell. Tack that onto a $50,000 car and that's not a bad income for the auctioneer. But on the other hand it is the auctioneer that gets the crowd there to purchase.

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Guest greg72monte

I will not watch it live because there is too much chatter and commercials.

However, I am taping all 15 hours, which I can probably watch in half the time.

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I was amazed at how much some went for ($38500 for a 61 Olds 88 ragtop) and how good a deal some were. There was a '31 Lincoln 4 door with a fresh $100k resto that sold in the mid $30s or was it $40s? Great deal anyway based on the restoraton investment.

I wish the commentators would get the facts straight! They seem to just pull "facts" about the car out of thier rear ends. Last night there was a 41k original '53 Ford ragtop up and they said "that (flathead) engine was wrong, it should be an overhead". BZZZZT! Wrong! the last (Ford) flathead was in '53 and the 1st (Ford) overhead was in '54.

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As a side note, since I rarely stay on the subject line, I keep Barrett Jackson auctions on my favorites list to view auction history and see what cars SOLD for. Not what people were asking for them in Hemmings or what a value book has it listed for. I think people pay too much at B.J. but it is a good tool for value since someone actually paid that amount (and more with the commissions). People ask all the time what a car is worth and are answered by there was one at so and so and they were asking this......wonder what he got for it?

Dave

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Guest 31tudor

They really need to put someone on the air who actually know what a rod and/or custom is, what the value of such a car is, and who doesn't make stuff up as they go along just to kill the air time.

The first car I saw go through was a Minotti bodied (gorgeous fiberglass) '37 Ford coupe. These guys are talking about how an original unrestored coupe would go for four times the price of this car, which ended up selling for $51,000 if I remember (and a steal at that price!). C'mon guys, would an original unrestored '37 Ford coupe really sell for $204,000? Maybe in 200 years!

They insulted the owner/builder of the yellow '34 Ford pickup, stating that if it was "unmolested" it would "fetch a far greater price." The $25,000 it got shocked me, it looked more like a $40,000 pickup on my 48" HD Widescreen... but I wasn't there first hand either.

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Commissions are paid for services rendered. I've never seen how that applies to a buyer at an auction. The more money he can get out of me, the more he charges me to do it. How is that a service to me??? confused.gif Don't get me wrong; the auctioneers earn their money but they're charging the wrong people. When the "Colonel" goes to the seller afterward and presents him with $20K for a $10K car, he's more than entitled to his commission because getting the extra 10 grand is definitely a service. Encouraging me to empty my pockets is not a service and I won't pay for it. When in the paper I see an auction that lists a "buyer's premium" under its terms I turn the page immediately and put it out of my mind.

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In general the prices are very high, but there are some good deals too. I was watching it last night (Friday) and a '39 LaSalle Coupe went for only $25,000. It was a beautiful Coupe with what looked to be a fantastic paint job (dark blue). The car looked great inside and out with beautiful chrome. I don't think you could restore one for this amount of money. It's on today (Saturday) from 3 to 9pm and I will be watching. They have far to many commercials but it still worth it!

Woody Michel

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They say the "Mad Cow" disease was found in the Northwest this month. Evidently, it's progressed to the southwest. Somebody tell PeterG to stay indoors. <img src="http://www.aaca.org/ubbthreads/images/graemlins/grin.gif" alt="" /> This car had a V12 Flathead with multible carbs, somewhat, no diffinately rodded. Purists have to be reeling. What's going on anyway! <img src="http://www.aaca.org/ubbthreads/images/graemlins/confused.gif" alt="" /> Wayne

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<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">They say the "Mad Cow" disease was found in the Northwest this month. Evidently, it's progressed to the southwest. Somebody tell PeterG to stay indoors. grin.gif This car had a V12 Flathead with multible carbs, somewhat, no diffinately rodded. Purists have to be reeling. What's going on anyway! confused.gif Wayne </div></div>

It was a beautiful car, comfortable interior, 12 volt, just a nice car that still is refered to as a 1938 Lincoln Zephyr. Keeps the legend alive and able to be in front of the public not just in the Ford museum (of course for $400K I doubt this particular one will be making runs to the 7-11). Rodding or I would say modernizing makes sense and makes wonderful autos useable in all types of weather, speed and conditions.

grin.gif can't help it, sorry grin.gif Dave

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I went to the Barrett-Jackson auction in Scottsdale last year and what I saw were a lot of fat old men, with big cigars stuck in their faces, sporting lots of gold jewelry, riding around in golf carts with young silicone breasted blondes stashed in the seat beside them. Quite a show.

However, there was one MB convertible, complete with blonde, driving around that would have been worth the asking price so long as the broad went with the deal smirk.gif

hvs

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Wife and I are attending the Barrett Jackson auction in Fort Lauderdale in a couple of months. For those interested, just send your money to me (minimum $100,000) and I will give you my cell phone number so you can call me and bid. The amount you send will determine if you get put on hold for someone elses call.

grin.gifgrin.gifgrin.gifgrin.gifgrin.giftongue.gifwink.gif otherwise I'll just be watching the silicone babes Howard mentioned, believe me, Ft Lauderdale / Miami has more silicone than that valley out west.

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<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Yo Dave, back to the subject. Wasn't that one of Terry Cook's Zeffers, not a real one? </div></div>

Said to be real, customized. The announcers mentioned scrape but not as to ownership, just to fill time I think.

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Dave, For $400,000 you should be able to have at least 2 Zephyr's customized anyway, you like. Ain't no way, you can tell the difference of spending 2 big one extra. Too much expendable cash I'd say, and maybe a little shortage in the brain cell storage area, too. Wayne

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<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"> I'd say, and maybe a little shortage in the brain cell storage area, too </div></div>

Anybody out there remember the old "Hot Rod" threads and the restored/complete cars that were seen to be then turned into hot rods. Someone's brain cell shortage could just as easily be construed as someone else's business opportunity. shocked.gif

Anybody else feel a little sick right now? crazy.gif

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Guest DeSoto Frank

I think most of the six-figure buyers seem to be the ones who've benefitted from Dub-ya's tax cut.... tongue.gif

I watched this for a while on Saturday evening, until my wife made me switch channels because she was tired of listening to me vehmently correct the misinformation being spouted by the talking heads who were "announcing" the show. mad.gif

My favorite car of the evening was the 1934 Hudson Commodore 8 (?) convertible coupe...beautiful car that went for a "reasonable" price, considering the outrageous sums being spent on other vehicles.

I didn't see the Zephyr, and maybe that's just as well... frown.gif

While the guys were fawning all over the '48 and '37 Ford woodies, about how "correct" they were, they seemed not to notice the aftermarket wheel and radial tires....also, I always remember seeing black sedan decking on these buggys, yet these were sporting tan roof coverings...

(Sigh)

Just another media/MadisonAv circus, I guess.

When we first tuned-in, my wife said "will there be any '41 De Sotos on the block", to which I replied - "Not likely, and if there are, they'd probably be a convertible coupe, not a four-door sedan (like mine)."

(God bless her...)

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that '34 Hudson was a dog, you could not help but see the orange peel on the closeup shots of the hood and side. Additionally the chrome had scuffmarks and barely noticeable pitting and some of the engine detailing looked hastily done,particularly the manifolds looked like they were shot with a flat black spray bomb.

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I'm one of the guys who appreciates craftmanship in all its forms, including this Zephyr. It was tastefully done and the unique engine really made the rod. It isn't a particularly rare or desireable car, so I'm surprised at people shedding a tear over it. It has a new life as a bigger crowd-pleaser than it would be stock. If it were a one-of-a-kind car they cut up, then heck yes, I'd be upset. But this car is one that I refer to (kindly) as "garden variety." That Cord 810 rod was the gross one--blanking out the rear quarters made it look like a panel van, and it had a 350/350 driveline--not very original. If it had something unique or authentic (like, say, a 500-inch FWD Eldorado drivetrain) powering it, it would have gone for a lot more money. Fortunately, they claim that the body was the only thing that could be saved on the car. I hope that's true, because this is a car that should be original if possible...

However, I would say that the new buyer could have duplicated the Lincoln for about half of what he paid for that one. That tends to happen at this auction every year--people overpay for everything. I recall last year that a yellow Hemi Cuda convertible (the one Don Johnson drove on TV) replica--it was a 318 or a 340, and not even a hi-po--sold for stupid money. Is that just because Mr. Johnson's butt once sat in the seat? Stupid, stupid, stupid.

Or how about that guy in the yellow coat this year who <span style="font-style: italic"><span style="font-weight: bold">grossly</span></span> overpaid for that '69 Z28 Camaro? He was so stupid that the auctioneer even said to the one other bidder, "Hey, bid $108,000, because I know I can get $110,000 out of the other guy (the guy in the yellow jacket)." <span style="font-style: italic">And he did!</span> The other bidder backed out at that point, shaking his head and laughing at the yellow jacket guy's stupidity. It was clear that somebody just wanted to get on TV, cost be damned.

Then there was the dope who bought all 4 Callaway Corvettes offered for a grand total of more than $650,000. OK, the Sledgehammer has a pedigree and might be worth the money, but the others are still just Corvettes. I built tuner Corvettes with one of Callaway's big competitors, and there was no way you could dress one up sufficiently to be worth the big money this guy paid. It's just a modified Corvette. They'll never, ever be more valuable than they are today...

I was pleased to see some big Classics like the V16 Cadillac convertible sedan hold their value at $250K. And there were some good buys, as well, though they were very rare.

All-in-all, no surprises if you've watched this regularly. People just get caught up in the action and go nuts.

More of my thoughts: Rodding vs. Restoring Editorial

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Keep in mind that Mr Jackson is no dummy. The schedule for the ramp is predicated on the high end cars to be seen on Speed channel. A few good deals is like one good golf shot to a golfer, brings them back or there for the first time.

You hit it right on the head, the guy in the yellow jacket got to be on t.v., 4.2 minutes of fame. The guys with the microphones and the cameras did not hurt the idiots from overbidding.

I have never been to one of these auctions but hope to attend the Fort Lauderdale version coming up. I won't be bidding, but hopefully will see some good deals on the ramp and outside when the lights are turned off for the cameras.

I also agree about the tears shed. I think the Zephyr is a beautiful car but there were over 49,000 of them produced in 37 and 38 and another 21,000 in 1939. Not exctly a Model A but not hens teeth either.

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I thought that the '36 Ford Convertible Coupe street rod was obviously very well crafted and very tasteful as street rods go. This particular car was made from a very nice original car, which I think is a shame. It even had a picture of the car before it was street rodded on the windshield and it was obviously a really nice original. There is only a finite number of original cars which get less every day as more of them are chopped up.

Woody Michel

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Dear Dave,I do not have the numbers in front of me,production numbers on 3-window coupes are LOW.Maybe 5,000 in 37 and less than 1,000 in 41.Making them pretty scarce to be CUTTIN on, though i read this car was not worth restoring.If ANYBODY could justify putting that kind of dough into RESTORING a Zephyr i am sure it would be the finest on the planet no matter what you started with.diz shocked.gif

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David ~ We will expect a full and detailed report on the pulcritude at the Fort Lauderdale auction. smirk.gif Maybe even a mention or two about the cars. grin.gif ~ hvs

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Guest DeSoto Frank

Carleton,

You must have a better TV set than I do...LOL

We were watching on a 20 year-old 19" Emerson...

With all its flaws, that Hudson certainly piqued my interest more than any other car that I saw cross the block on Saturday evening...

The constant banal chatter from the MCs distracted me from any detailed scrutiny of the cars...

I still can't believe the numbers generated by most of these cars...

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<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Doug, I hear Dave doesn't need a H..... blush.gifblush.gifgrin.gif Wayne </div></div>

huh?

don't act stupid. I'm not acting!!

If you look below you will see that I was particularly interested in the V12 and the Hudson. Got sawsall, will have top off of Hudson in no time and yellow paint on order. 3 cases 12 oz. cans.

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You're right Howard. I was messing with him. I wouldn't want to get to close to him either, he knows those "jungle moves", you know! <img src="http://www.aaca.org/ubbthreads/images/graemlins/shocked.gif" alt="" /> <img src="http://www.aaca.org/ubbthreads/images/graemlins/grin.gif" alt="" /> Wayne

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