My .02 on Barrett-Jackson

[Canuck]

Perspective offered by a friend:

Some interesting stats from the BJ:



2008 - sold 1,167 cars, boats, trucks, dinosaurs etc for a total of $88 mil and had 280,000 attendees .



2007- sold 1,270 for a total of $112 mil with 250,000 attendees.



In 2008 sold 8% fewer cars for 27% less money. On a per vehicle sale basis about 15% less year over year (from an average of $88,200 in 2007 to $75,400 in 2008)



Fewer big dollar cars in the $1mil+ range, no Ferrari boy? Early onset recession? Average sale price was $75,400 this year - hardly chump change.

He is a Exec VP at a big brokerage firm,so I guess he had some time on is hands this week, or it was done by his analysis department.