Barrett-Jackson 2010 WOW!!

[quick-bowtie]

Been checking out the cars going to Barrett Scottsdale this year. I cant believe the line up, they have some nice high end cars going through and the list isnt even near complete.

Either some guys have some very very big dingle berries or theyre in the position that they have to sell.

It should be interesting to say the least IM sure some deals will be had I cant see there being enough money to support all those expensive cars. I cant wait

[vdavie]

I would not bet against it. I was pretty impressed by the last big one. Good money for some of those cars.

[al8apex]

We thought the same last year when they had all the GM cars with salvage or no titles at all

only a very few were "good buys" everything else went for stupid money as always ...

[BJCHEV396]

There will be a lot of good cars because a lot of people need to liquidate.Great time to buy.

[vdavie]

See, i just don't think that is the overall case. I think it may even be better than last year.

[1969z280]

I don't think anybody is liquidating. I've been looking for solid lifter, documented Chevrolets for the last year. Most of the cars for sale are questionable at best. Did you see the junk that Barrett sold in Las Vegas for huge money? Barney Fife clone squad car brought $120K.

I think great cars bring great money and this January will be no different. JMO, Ed

[vdavie]

Hay, I have one of those for sale! L78 69 Camaro

[MultiMopars]

[ QUOTE ]
I don't think anybody is liquidating. I've been looking for solid lifter, documented Chevrolets for the last year. Most of the cars for sale are questionable at best. Did you see the junk that Barrett sold in Las Vegas for huge money? Barney Fife clone squad car brought $120K.

I think great cars bring great money and this January will be no different. JMO, Ed

[/ QUOTE ]


I think for the most part this is true. While certainly there are SOME people out there in trouble that need to liquidate they make up a small part of the hobby. However, it doesn't stop buyers from TRYING to steal good cars. I think most of them are finding that most people with these good cars may WANT to sell, but they don't HAVE to sell.

OTOH, some big money collectors are not really effected by what most of us (me anyway) would consider a major financial hit. Most of the people that are active on these old car enthusiest sites think that what WE believe and post is the general thoughts of the entire hobby, but I don't believe it. When you look at the HUGH number of cars that are sold at these auctions anually it can't be ignored. However, time and time again I see people commenting on these sites that "that is not the real market" and things like "those people are crazy to pay that." My feeling has always been that in most cases those buyers did not make all the money they are spending making bad business decisions.

[ohhawk]

I would guess there are many reasons why you're seeing a number of high end cars (and others) being brought to this auction regardless of the current market.

I sold our Chevelle recently not because we had to or that we needed to. I was ready for a change but equally important was the fact that I'm getting a little tired of the misrepresentation and outright forgery that continues to grow in the hobby be it the cars themselves or the documentation that accompanies the vehicles, the popular '70 Chevelle is a good example but there are many others as well. I would also say that I am of the belief that the markets for a good share of these cars will continue to stay soft for quite awhile. You can't rule out that prices could soften further for many. So perhaps some bringing cars to these auctions might have some of these same feelings as well as those already mentioned.

I would add that we had a noted private collector that had been expressing interest in our car for awhile so we had a qualified / motivated buyer which made it convenient.

I will still follow and enjoy the musclecar (and old cars in general) hobby and may well return to another vehicle from this era in due time but for now just stepping back a bit is the right fit for me.