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Old 01-24-2009, 02:22 AM
StealthBird StealthBird is offline
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Default Re: Barrett-Jackson Records Strong Sales

I was just referring to all the articles over the past 4 months from Hemmings Muscle Machines, Muscle Car Review, Musclecar Enthusiast, internet auto blogs, etc. where the writers have all said the market was down on high end cars.

If quality was down B-J, wasn't it because people didn't want to take a fully restored 6-figure car to a no-reserve auction, and risk selling too low? So doesn't that mean that sellers knew the market was soft, so they avoided no-reserve auctions?

I looked at the 2007 auction results from Mecum and Barrett-Jackson, and many Hemi cars and Shelbys were $200K+. Not sure if very many sold for more than $200K this past month. Seems like lots of Hemi cars were under $100K this year, where in 2007, guys were selling 70 Barracuda 318's, converted to 'Cudas, with a crate 426, for $100K.
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