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I agree with Chad totally. If you haven't seen the car, the docs, etc., AND, the weather, you are not in a position to comment on what car is a deal, or, that the market is falling. IMO, the prices were very strong in general for the cars that were auctioned.
[/ QUOTE ] AMEN. Great statement. Everyone is quick to call a "low" sale the new market price,not taking into consideration the car was a rebody,had no docs, had a horrible resto,or that it was an automatic[which could really affect certain cars] or that it was gobi beige!! If a red on red Ls6 4 speed w docs that is a perfect resto brings 80K, then we can start looking at things a little differently. You will find those ls6 cars actually brought good money for the condition etc . Yet when a car brings crazy money, people do not consider it the market price because they say some "stupid drunk" had more money than brains. As is stated above,if you arent there looking over every single car for auction you cant sit at home watching TV and decide which prices are going to make up the new market or not. Obviously the people that dont have cars or dont have the money to buy them are going to run with the lowball prices and try to tell everyone the sky is falling.
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Chuck,
I believe the announcers stated that the silver LS-6 had
"papers". That's why I was surprised at the final price.
I do agree that we can't see the condition of these cars.
But help me here if you can. I was of the opinion that
the cars that came across the block @ BJ were predominantly
high level restorations ( if non-survivor class ). So, what
explains the two LS-6 car prices? Bad resto's, bad or
missing paper work? Again, if BJ is to represent the best
of the best, how did 2nd class cars get in the auction?
Personally, I'd really like to hear from some of the members
here that attended this auction and can attest to the actual
condition of the two particular cars. They looked like very
reasonable buys for the money. I guess what I was trying to
get across with my earlier post is are we possibly seeing
a saturation level with Chevy BB cars? Maybe it's time for
the Mustangs, Cutlass', GS1's. etc.. Just a thought..
Steve