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-   -   69 Z28 Sold for $112,000 (https://www.yenko.net/forum/showthread.php?t=75875)

jfkheat 01-24-2004 04:02 AM

69 Z28 Sold for $112,000
 
That has to be a record for a 69 Z28. I think the buyer has more money that sense.
James

SamLBInj 01-24-2004 06:59 AM

Re: 69 Z28 Sold for $112,000
 
Jeff Must be doing back flips! https://www.yenko.net/ubbthreads/imag...s/headbang.gif https://www.yenko.net/ubbthreads/imag...s/headbang.gif
I know the guy that bought it was going to buy it no matter what, but he was still being bid against by others...Wow, if that sticks, what do you think regular Z/28's will go for..70K? I would go for that https://www.yenko.net/ubbthreads/imag...ns/naughty.gif
Z/28's are worth more than Copo 427 Camaros and Chevelles so far...Bet Ed Cuneen is in shock after seeing his cars go for 30-40k less than the Z/28 https://www.yenko.net/ubbthreads/imag...emlins/eek.gif https://www.yenko.net/ubbthreads/imag...emlins/eek.gif https://www.yenko.net/ubbthreads/imag...emlins/eek.gif https://www.yenko.net/ubbthreads/imag...emlins/eek.gif
Sam

Charley Lillard 01-24-2004 07:14 AM

Re: 69 Z28 Sold for $112,000
 
I don't even think it was a real Z28. https://www.yenko.net/ubbthreads/imag...thumbsdown.gif

SamLBInj 01-24-2004 08:41 AM

Re: 69 Z28 Sold for $112,000
 
[ QUOTE ]
I don't even think it was a real Z28. https://www.yenko.net/ubbthreads/imag...thumbsdown.gif

[/ QUOTE ]
Serious? what makes you think that? awful expensive fakey...You know the guy that bought it? He seemed to be hitting the free beverages pretty hard... https://www.yenko.net/ubbthreads/imag...lins/beers.gif
Sam

SuperCars 01-24-2004 02:00 PM

Re: 69 Z28 Sold for $112,000
 
That's strange for sure. https://www.yenko.net/ubbthreads/imag...lins/dunno.gif Charley, although it went down as being sold; do you think that was real bidding and a real sale?

JTH74 01-24-2004 02:40 PM

Re: 69 Z28 Sold for $112,000
 
I am with you Supercars, is that a real sale or not, no way a Z is going to bring more than a COPO, that price was way out of line for that! I would hope for that price you could put 3 top restored Z's in the garage, not bashing Z's at all because I love them, one of the most beautiful cars made! https://www.yenko.net/ubbthreads/imag...ns/shocked.gif

firstgenaddict 01-24-2004 02:48 PM

Re: 69 Z28 Sold for $112,000
 
Saw the interview with the guy afterwards ...He owns a Chev dealership and collects corvettes

Charley Lillard 01-24-2004 03:06 PM

Re: 69 Z28 Sold for $112,000
 
Supercars..the seller was Mark Young from the Chev Connection in Portland Or. He is the same Guy that had a Astro Blue LS6 convert at Reno last year that sold at Barrett the year before as a Gobi Beige car with no paperwork. So a year later it has a new trim tag and a protecto plate. He is the very best at building cars for auctions. He also sold the Corvette Bronze 68 L89 Camaro. I was offered that car a few Months ago before he had it but I passed because there was no paperwork, now it has a protecto plate and Window sticker.

Charley Lillard 01-24-2004 03:21 PM

Re: 69 Z28 Sold for $112,000
 
1 Attachment(s)
Here is the engine pad of the 68 L89

Charley Lillard 01-24-2004 03:22 PM

Re: 69 Z28 Sold for $112,000
 
1 Attachment(s)
The L89

Charley Lillard 01-24-2004 03:23 PM

Re: 69 Z28 Sold for $112,000
 
1 Attachment(s)
The L89 Engine compartment

Charley Lillard 01-24-2004 03:24 PM

Re: 69 Z28 Sold for $112,000
 
1 Attachment(s)
The L89 Protecto plate

T Billigen 01-24-2004 03:27 PM

Re: 69 Z28 Sold for $112,000
 
Hey! Mines going to look like that! Almost https://www.yenko.net/ubbthreads/imag...ns/naughty.gif https://www.yenko.net/ubbthreads/imag...ns/naughty.gif https://www.yenko.net/ubbthreads/imag...lins/beers.gif https://www.yenko.net/ubbthreads/imag...ins/3gears.gif

Zedder 01-24-2004 03:51 PM

Re: 69 Z28 Sold for $112,000
 
I have to admit, I've never seen a POP as "white" as the one from the L89 - at least the Corvette guys spill a little "tea" on their buildsheets to give them a nice "patina" before selling the cars https://www.yenko.net/ubbthreads/imag...ns/naughty.gif

Mr70 01-24-2004 04:05 PM

Re: 69 Z28 Sold for $112,000
 
Charley,Or anyone else reading this.
Can you find out the VIN# of that 1970 Gobi Beige Chevelle LS6 Convert.,now converted to an Astro Blue LS6 Convert.?
I may have some facinating Information about this Chevelle.
It will help the Hobby,believe me.
Rick

Jeff H 01-24-2004 04:08 PM

Re: 69 Z28 Sold for $112,000
 
Woohoo! I didn't see it last night, there was no tv at the bar I was at. Which car was this Z28?

DarrenX33 01-24-2004 04:18 PM

Re: 69 Z28 Sold for $112,000
 
Maybe that guy can help me "document" my car. Then I can sell it and get me a COPO. https://www.yenko.net/ubbthreads/imag...s/confused.gif

LB68 01-24-2004 07:01 PM

Re: 69 Z28 Sold for $112,000
 
Did anyone else expect Charley to do a burn-out when he left the stage in his yellow corvette?

GMC_Typhoon 01-24-2004 09:19 PM

Re: 69 Z28 Sold for $112,000
 
[ QUOTE ]
Charley,Or anyone else reading this.
Can you find out the VIN# of that 1970 Gobi Beige Chevelle LS6 Convert.,now converted to an Astro Blue LS6 Convert.?
I may have some facinating Information about this Chevelle.
It will help the Hobby,believe me.
Rick

[/ QUOTE ]Gobi LS6

Stuart Adams 01-25-2004 02:20 AM

Re: 69 Z28 Sold for $112,000
 
That POP for the L89 does not look real. Can anyone read the name on it? Charley was there numbers made with tiny holes that correspond to the car on the owner protection plan booklet?

Musclecarkid 01-25-2004 09:12 AM

Re: 69 Z28 Sold for $112,000
 
Interesting discovery on the infamous Gobi Beige 70 LS6 conv that is now Astro Blue. It's not a real one, cause with a vin like 136670B111501 it's an October 69 built 70 Chevele conv from Baltimore. Now we all know they didn't build any LS6 cars that early don't we! Sold in 2003 for $49,680 with NO docs. How much did it sell for since it was painted Astro Blue?

MosportGreen66 01-25-2004 02:07 PM

Re: 69 Z28 Sold for $112,000
 
[ QUOTE ]
Sold in 2003 for $49,680 with NO docs.

[/ QUOTE ]

I was just going to make a comment. $50K for a "numbers matching" LS6 Convertible? Blue must have done that Chevelle justice. https://www.yenko.net/ubbthreads/images/graemlins/bs.gif

gemleeus 01-25-2004 02:17 PM

Re: 69 Z28 Sold for $112,000
 
hi, just registered as a forum member. the yellow 69 z car was supposedly a jl8 car. also it had an "original" crossram setup. although it means nothing unless # match equip. if original that would be a correct price on that car in "my" opinion. a crossram setup is running approx. 15k today. also it was nice restoration don't ya think. anyway looking forward to talking with all yall knowledgable guys in here.

Stuart Adams 01-25-2004 02:19 PM

Re: 69 Z28 Sold for $112,000
 
Man there is soooo much negativity in the hobby now that these cars are bringing big bucks - greed and money bring all the BS to the surface. Man between the fakes, coverups, deception, lies ,etc. it's sad that the hobby is coming to this. Its great that you guys have the knowledge to keep these guys somewhat in check...

gemleeus 01-25-2004 02:38 PM

Re: 69 Z28 Sold for $112,000
 
i understand what you are saying, i have recently come into the market looking to purchase a nice original muscle car. there are many crooks out there, but i have found so many nice, honest folks also in my search for the right car, i'am in the market for rare z cars or copo's. if you are going to spend that kind of many on a classic car you should do your homework to keep from getting burned, if you don't have any knowledge then hire a professional to check car for you, whats $400.00-$1000.00 to protect your investment? i'm buying for enjoyment and investment purpose. i can recall as a little boy watching a superbird go down the street and thinking i'm going to have one of those someday.

Jeff H 01-25-2004 03:13 PM

Re: 69 Z28 Sold for $112,000
 
Remember, the crossram setup was an over the counter option so it would never be considered original equipment. Did the yellow JL8 crossram car have any documentation with it? And I mean real documentation, not fake stuff like the p-o-p that was with the 68 L89 car.

gemleeus 01-25-2004 03:29 PM

Re: 69 Z28 Sold for $112,000
 
i understand the crossram was not factory installed, dealer option only. i thought i recall them saying that it was dealer installed? i guess they had proof of that? i think the car had "Q" code axle? and even if it didn't technology today could make it a Q coded axle if they wanted to go to that extreme. also, isn't an aftermarket crossram produced for the z? i don't really know, thats why i joined to find out from experts. hey, by the way your jl8 for sale?

Jeff H 01-25-2004 04:41 PM

Re: 69 Z28 Sold for $112,000
 
The JL8 rear axle codes begin with "Q" so that does have some meaning. My car has the 3.73 rear which is the "QX" code. The GM crossram was an over the counter option so saying "dealer installed" doesn't really mean much since it wouldn't be original to the car. There are several aftermarket crossram's(Offenhauser, Edelbrock) with the Offy being very similar to the GM but with obvious differences. My car will probably be for sale some day, but right now it's still in the middle of the restoration. I've got the original protect-o-plate and broadcast sheet with it as well as matching #'s. One other thing, GM made some fiberglass crossram cowl induction hoods(less than 100) and I thought that yellow car had one of the GM hoods like I have. That will increase the value as well.

firstgenaddict 01-25-2004 07:18 PM

Re: 69 Z28 Sold for $112,000
 
It used to be if a car was fake it was fairly easy to spot. But the problem now is there are so many crooks who know what they are doing ...and so many speculators willing to BLOW money on undocumented cars or cars with Quasi-documentation for fear of missing the "Big One" that real cars with real documentation go unnoticed because most owners do not have the money or the notion to take the cars BJ. By the way BJ researches in order to determine that the cars are what the owner says yet with their lack of overall knowledge about these cars and obvious lack of research as to the documentation they have done nothing good for the hobby. The people on this forum have done more than anyone to advance the knowledge of these cars and make the determinations as to their authenticity. Sorry had to vent on this....

JChlupsa 01-25-2004 07:23 PM

Re: 69 Z28 Sold for $112,000
 
Received this in an E-mail today and after re-reading it a few times I have to say it does make sense.--
<font color="brown">Post:

I have noticed that a few years ago, about 50% of the auction listings had a reserve, and about 50% had no reserve. If you notice this year, about 95% of the auction listings have no reserve. It is commonly believed that cars with no reserve usually attract more bidders and higher chance of selling.

I have also heard a "hearsay rumour" that car owners are offered a reasonable flat fee commission by auctions to sell/buy their car if they list their cars with no reserve. This allows the car owner and their representatives to bid, driving up bids knowing they will not have to pay the buyer+seller % commision if they land out as top bidder; as they only had a flat fee. If this "rumour" is true, it would explain why sales are occuring at triple the car's market value. It could be the owner and his representative bidding against each other getting the car up to unrealistic prices. In essence buying back their own car knowing they were only committed to pay the flat fee irregardless of how high the bid/sales price went up to. After the auctions, the car is re-marketed with the fact that it sold for $BIG DOLLARS$ at auction.

Nah! that can't be true, people would never do that??? </font>

427TJ 01-25-2004 07:40 PM

Re: 69 Z28 Sold for $112,000
 
Keep in mind that the number one factor behind something like the B-J auction is MAKING MONEY and we ALL love to make money, right? I sure do. Yes, the B-J folks look at a car and try to spot possible gaps in its credibility but if it's not obvious or easily proven that a car is a fake (or "incorrect" etc.) then it rolls across the stage. Mr. Jackson, in his defense, would probably tell you that he is more interested in someone getting "the car of their dreams" (and thus, a sales comission) than tossing out all the 'questionable' cars. Auctions are about EMOTION and MONEY--mainly MONEY.

Heck, if I won the Powerball I'd be down there next year with the Big Dogs and I'd probably drop more than $170,000 for that orange Hemi Superbird! I'd be like that guy who bought all four of the Callaway Corvettes for over $600,000! That'd be really fun to do, especially if money was no object. I'd be buyin' cars and high-rollin' and all those good looking women with the plastic surgery would be checkin' me out and...and...

Okay, back to reality. https://www.yenko.net/ubbthreads/imag...s/rolleyes.gif

firstgenaddict 01-25-2004 07:42 PM

Re: 69 Z28 Sold for $112,000
 
If I am not mistaken that is a FEDERAL CRIME

Jeff H 01-25-2004 07:45 PM

Re: 69 Z28 Sold for $112,000
 
Jeff, that's what happened last year with a lot of no reserve cars. They gave the owners the option to bid on their car in case the bidding didn't go high enough and all they had to do was pay a flat fee. I heard this last year, so this year they might have made it even easier. So all these cars that sold, how many really end up going to new owners?

firstgenaddict 01-25-2004 07:49 PM

Re: 69 Z28 Sold for $112,000
 
Hey I have no objection to people paying whatever they want to pay for a car. Be it $1,000,000 for a 6 cyl .uh uh .I mean 9561 COPO Camaro. What I do have the objection to is the passing off of fake cars to people who belive that they are buying the Real Thing...I guess as always ...Buyer Beware. Maqybe if there was a Muscle car dealer who would give you 100% trade in allowance for anything he had as long as the car was in like condition... then you might feel better and believe that the guy was not faking cars.

gemleeus 01-25-2004 08:22 PM

Re: 69 Z28 Sold for $112,000
 
i myself have entered this market for a muscle car. I just can't make up my mind which one to purchase, they all have their own special qualitys. i want an original car. what i learned in my research over the past few months is to educate yourself. study the various information resources out there so you don't get taken. muscle cars and fake muscle cars are big business.

Chris396 01-25-2004 08:35 PM

Re: 69 Z28 Sold for $112,000
 
Hmm is this a repeat of the late 80's Ferrari market?

gemleeus 01-25-2004 08:40 PM

Re: 69 Z28 Sold for $112,000
 
i've always loved the muscle car, grew up around them, although i was only around 15 yrs. old at the time. recently i'am now financially able to purchase the "car of my dreams" started looking a few months back and WOW what a surprise, the market is massive.

John 01-25-2004 08:52 PM

Re: 69 Z28 Sold for $112,000
 
Welcome to the website....you can get alot of help here.
...You may want to fill out your profile ...thanks https://www.yenko.net/ubbthreads/imag...lins/beers.gif

gemleeus 01-25-2004 08:57 PM

Re: 69 Z28 Sold for $112,000
 
thanks john, if you have any leads on any original cars let me know.

Belair62 01-25-2004 10:02 PM

Re: 69 Z28 Sold for $112,000
 
I doubt it Chris...I think folks are very particular in the area of COPO and Yenko cars...colors and color combos,bench vs. buckets,auto vs. 4 speed, provenance (I hate that word) go a long way in determining their value...I'll bet the Burnished RS car was really nice...the Monaco Chevelle and the Fathom Camaro must have had other issues.As for the resto rods bringing idiotic money...go figure...these folks must just have wanted the car they bid on at all cost...I don't think they were concerned that a few years down the road it's going to be just a very cool rod...and not worth what they have into it.JMO


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