Truppi-Kling LS6 RM Auction Results
 

Just heard from a friend who was at the Icons of Speed and Style Auction. T/K, Briggs Chevrolet. LS6 SS/EA Ragtop sold for $240.000. Took a million dollar loss. Wow! Jungle Jim's 69 Nova Funny Cars as a pair went for under $100K. Another huge loss.

Re: Truppi-Kling LS6 RM Auction Results
 

Wow! This is gonna send ripples through the hobby. Maybe people will gain some sense finally and those that spent BIG, crazy money on rare Musclecars up to early 2008 aren't going to sleep well tonight. So much for investments! Never wanted to live in a world of million-dollar Chevelles anyway. That's insane.

Re: Truppi-Kling LS6 RM Auction Results
 

Did this auction just happen? I do not see any results for this car on there website

Re: Truppi-Kling LS6 RM Auction Results
 

[ QUOTE ]
Wow! This is gonna send ripples through the hobby. Maybe people will gain some sense finally and those that spent BIG, crazy money on rare Musclecars up to early 2008 aren't going to sleep well tonight. So much for investments! Never wanted to live in a world of million-dollar Chevelles anyway. That's insane.

[/ QUOTE ]People buy for different reasons. If you're buying high to flip higher, good luck

Re: Truppi-Kling LS6 RM Auction Results
 

Curious to see how B-J will do in Vegas next month? https://www.yenko.net/ubbthreads/imag...lins/dunno.gif

Re: Truppi-Kling LS6 RM Auction Results
 

IMO, the car would have done much better at a Mecum auction, where buyers understand and appreciate rare musclecars.

Re: Truppi-Kling LS6 RM Auction Results
 

I was the internet bidder at up 235k and thought I was going to get the car at $230k but the the other bidder bumped it at the last second.. and I couldnt get back in fast enough. I would have went to 250k but with he commission and shipping thats all I could/wanted to pay. I felt the real money on that car is around 300k to $350k today. That car was never worth anywhere near 1 Million on its best day and when it sold at Barrett in 06' I would have guessed its real value to be around 500k to 600k at the most.

Over all I thought most of the stuff did fair money especially some of the Street Rods, The Tommy Evo Wagon, and what blew my mind was the Little Red Wagon doing 500k!! I never thought that would do over $150k.

I wasnt surprised at the Jungle Jim cars not alot of interest in Funny Cars that I see.. There neat to look at but at the end of the day they take up space and have no use IMO.

And yes selling that stuff at Mecum at the next Spring Indy sale or holding a sale in Phoenix in January when all of the other sales were going on would have produced WAY WAY bigger numbers on alot of stuff. Live and Learn

Re: Truppi-Kling LS6 RM Auction Results
 

Think the Little Red Wagon was event top sale at 500K, and one of few to beat high estimate. Teague '76 streamliner being another. Mazmanian 'Vette at 225K seemed a decent deal.

Re: Truppi-Kling LS6 RM Auction Results
 

Sign of the times.The prices of some of these cars had to flutter or fall sooner or later. Sucks for some, great opprotunities for others.

Re: Truppi-Kling LS6 RM Auction Results
 

Wasn't the original Dodge Deora show car there? What did it sell for?

Re: Truppi-Kling LS6 RM Auction Results
 

[ QUOTE ]
Wasn't the original Dodge Deora show car there? What did it sell for?

[/ QUOTE ]

It was. Think it hammered low 3's ... they drove it across, too.

Re: Truppi-Kling LS6 RM Auction Results
 

[ QUOTE ]
I was the internet bidder at up 235k and thought I was going to get the car at $230k but the the other bidder bumped it at the last second.. and I couldnt get back in fast enough. I would have went to 250k but with he commission and shipping thats all I could/wanted to pay. I felt the real money on that car is around 300k to $350k today. That car was never worth anywhere near 1 Million on its best day and when it sold at Barrett in 06' I would have guessed its real value to be around 500k to 600k at the most.

Over all I thought most of the stuff did fair money especially some of the Street Rods, The Tommy Evo Wagon, and what blew my mind was the Little Red Wagon doing 500k!! I never thought that would do over $150k.

I wasnt surprised at the Jungle Jim cars not alot of interest in Funny Cars that I see.. There neat to look at but at the end of the day they take up space and have no use IMO.

And yes selling that stuff at Mecum at the next Spring Indy sale or holding a sale in Phoenix in January when all of the other sales were going on would have produced WAY WAY bigger numbers on alot of stuff. Live and Learn

[/ QUOTE ]

Damm Andy; that car would look great next to TC's Red Alert at the MCACN show in November!

So...were you able to add anything to your fleet?

Bashton
MCACN Managing Member

Re: Truppi-Kling LS6 RM Auction Results
 

I think the Ray Allen car would have been a much better resto IMO if it was done as Ray had it when he raced it in the beginning. The original "In race trim." https://www.yenko.net/ubbthreads/imag...lins/dunno.gif https://www.yenko.net/ubbthreads/imag...ins/3gears.gif

Re: Truppi-Kling LS6 RM Auction Results
 

[ QUOTE ]
I think the Ray Allen car would have been a much better resto IMO if it was done as Ray had it when he raced it in the beginning. The original "In race trim." https://www.yenko.net/ubbthreads/imag...lins/dunno.gif https://www.yenko.net/ubbthreads/imag...ins/3gears.gif

[/ QUOTE ]

I have always thought the same thing, though neat being a LS-6 vert, what made that car special is the racing history.

Re: Truppi-Kling LS6 RM Auction Results
 

Exactly! The vinyl graphics they added at the last minute helped a little but that car has true history and should be shown as it was when it was "making history".
Who wants to see one of Grumpy's cars in showroom condition? https://www.yenko.net/ubbthreads/imag...lins/crazy.gif

Re: Truppi-Kling LS6 RM Auction Results
 

[ QUOTE ]
Exactly! The vinyl graphics they added at the last minute helped a little but that car has true history and should be shown as it was when it was "making history".
Who wants to see one of Grumpy's cars in showroom condition? https://www.yenko.net/ubbthreads/imag...lins/crazy.gif

[/ QUOTE ]

https://www.yenko.net/ubbthreads/imag...lins/beers.gif

Re: Truppi-Kling LS6 RM Auction Results
 

Seemed a decent deal, though. Agree a bit inconsistent w/race livery on a bone-stock car - though a few bolt-ons and it's back to as-raced. As mentioned earlier, likely not the ideal venue for that car.

Re: Truppi-Kling LS6 RM Auction Results
 

When it was at the BJ auction in '06 I remember seeing the bidder, buyer drinking and a girl on his lap thinking cool car over priced. Granted '06 was the height of the market IMO, but that was too much then. Was that the same year they had that GM bus of the future go for like 4 mill?

Re: Truppi-Kling LS6 RM Auction Results
 

[ QUOTE ]
When it was at the BJ auction in '06 I remember seeing the bidder, buyer drinking and a girl on his lap thinking cool car over priced. Granted '06 was the height of the market IMO, but that was too much then. Was that the same year they had that GM bus of the future go for like 4 mill?

[/ QUOTE ]

Yes...on all counts.

Anyone know why the seller decided to part with all of those prime cars? I know he didn't need the money. https://www.yenko.net/ubbthreads/imag...lins/dunno.gif

Bashton
MCACN Managing Member

Re: Truppi-Kling LS6 RM Auction Results
 

[ QUOTE ]
though a few bolt-ons and it's back to as-raced.

[/ QUOTE ]
https://www.yenko.net/ubbthreads/imag...mlins/hmmm.gif FWIW, there were many internal engine modifications made to that LS6 engine https://www.yenko.net/ubbthreads/imag...ns/naughty.gif not just a few simple go fast bolt-ons that made that car what it was.

I have an original 1971 article on the car, very impressive. https://www.yenko.net/ubbthreads/imag...iggthumpup.gif

Re: Truppi-Kling LS6 RM Auction Results
 

Bob, I seem to remember the owner being a hedge fund guy and we all know how those have fared lately.

Re: Truppi-Kling LS6 RM Auction Results
 

[ QUOTE ]
Anyone know why the seller decided to part with all of those prime cars? I know he didn't need the money.

[/ QUOTE ]

If he really is (was) a hedge fund manager then he probably needs some of that money back now that the whole thing has collapsed. (He must not have been very good at seeing the future--something a hedge fund manager, or any money manager should need to know, ya' know?) Seeing him (or his proxy) pay those prices at B-J a few years ago without care and now seeing him basically 'dumping' everything he bought should tell you something about the stock market vs. reality. Welcome to reality!

Re: Truppi-Kling LS6 RM Auction Results
 

http://www.sportscarmarket.com/aucti...s_09-26-09.pdf

Re: Truppi-Kling LS6 RM Auction Results
 

Thanks for posting the results...

Re: Truppi-Kling LS6 RM Auction Results
 

[ QUOTE ]
Thanks for posting the results...

[/ QUOTE ]

Funny thing here. On Dave's COPO thread many say ssshhhh don't ask about price and refrain from asking .They were both public auctions right? https://www.yenko.net/ubbthreads/imag...mlins/hmmm.gif

Re: Truppi-Kling LS6 RM Auction Results
 

A friend of mine bought Lot #240, the Bennie Osborn Top Fueler; makes a nice bookend with the Tony Nancy "Sizzler" Top Fueler he bought in August. https://www.yenko.net/ubbthreads/imag...ns/burnout.gif

https://www.yenko.net/ubbthreads/imag...lins/beers.gif

Re: Truppi-Kling LS6 RM Auction Results
 

I REALLY JUST LIKE THE CAR, A REAL COOL LS6 CONVRT WITH REAL RACE HISTORY GREAT BUY

Re: Truppi-Kling LS6 RM Auction Results
 

From looking at the auction results, obviously a 'no-reserve' auction. You think this LS-6 Rag really changed hands or the fella just bought it back.

Tell you what, I'm wouldn't be taking a million dollar that quick...

Re: Truppi-Kling LS6 RM Auction Results
 

[ QUOTE ]
I think the Ray Allen car would have been a much better resto IMO if it was done as Ray had it when he raced it in the beginning. The original "In race trim." https://www.yenko.net/ubbthreads/imag...lins/dunno.gif https://www.yenko.net/ubbthreads/imag...ins/3gears.gif

[/ QUOTE ]

It did pretty good the first time around as configured, what 1.2 mil. What it takes is two bidders with more money than......

Re: Truppi-Kling LS6 RM Auction Results
 

[ QUOTE ]
A friend of mine bought Lot #240, the Bennie Osborn Top Fueler; makes a nice bookend with the Tony Nancy "Sizzler" Top Fueler he bought in August. https://www.yenko.net/ubbthreads/imag...ns/burnout.gif

https://www.yenko.net/ubbthreads/imag...lins/beers.gif

[/ QUOTE ]

Way cool,the Tony Nancy car was here in Monterey @ RM,did he buy it then?
I want to say it was here 2 years in a row,along with other Nancy cars.

Re: Truppi-Kling LS6 RM Auction Results
 

[ QUOTE ]
[ QUOTE ]
I think the Ray Allen car would have been a much better resto IMO if it was done as Ray had it when he raced it in the beginning. The original "In race trim." https://www.yenko.net/ubbthreads/imag...lins/dunno.gif https://www.yenko.net/ubbthreads/imag...ins/3gears.gif

[/ QUOTE ]

It did pretty good the first time around as configured, what 1.2 mil. What it takes is two bidders with more money than......

[/ QUOTE ]

Here's my take:

National TV during prime viewing hours for BJ Auction, too many drinks consumed, pretty woman on lap, ego to show has more money than others, still on TV, hammer goes down, seller walks away happy!

Re: Truppi-Kling LS6 RM Auction Results
 

You got it Greg! https://www.yenko.net/ubbthreads/imag...iggthumpup.gif

Re: Truppi-Kling LS6 RM Auction Results
 

[ QUOTE ]
[ QUOTE ]
A friend of mine bought Lot #240, the Bennie Osborn Top Fueler; makes a nice bookend with the Tony Nancy "Sizzler" Top Fueler he bought in August. https://www.yenko.net/ubbthreads/imag...ns/burnout.gif

https://www.yenko.net/ubbthreads/imag...lins/beers.gif

[/ QUOTE ]

Way cool,the Tony Nancy car was here in Monterey @ RM,did he buy it then?
I want to say it was here 2 years in a row,along with other Nancy cars.

[/ QUOTE ]

Yes - he bought it at the Monterey R-M auction.

https://www.yenko.net/ubbthreads/imag...lins/beers.gif