High 69 Z-28 cross ram prices coming to an end??

[DarrenX33]

I think it is safe to say that anyone who watched the yellow Z at BJ who has the means to produce such a piece had a light bulb over their head after the auction. If not I'd say the timing is pretty incredible. But only those doing it know the answer.

[427TJ]

Just saw this:
http://cgi.ebay.com/ebaymotors/ws/eB...category=36474

[Salvatore]

They are coming out of the woodwork! Get em while they last.

[70 copo]

WOW!!! Talk about a market correction..... What was wrong with this original X-ram?? Was it the one side missing the date? Looks like the buyers for this one were election watching.......

(see this thread on page one for the history on this issue)




Phil

[Jeff H]

I think the missing casting # scared a lot of people.

[70 copo]

Jeff,

That was still a significant price drop given that the remaining parts were all original dated unmolested GM stuff. 6 months ago these set ups were not on the market at all.

All of the sudden $20+K was the number for an NOS unit, and now that the Reproductions are out we are suddenly back to reality.

Dollar wise - seems almost as bad as a Tech Stock on wall street was in 2000.... Somebody made some money here, as I think we would have agreed that 6 months ago $8500 would have been a "steal" for a complete unit.



Phil

[Salvatore]

You are right Dr. Phil! This was predicted. Why would anybody pay 20-25 thousand for a crossram. Just to much money!

[Jeff H]

Not really Phil. Several crossram setups were recently only bid up to around $15K which did not meet their reserves and this was before the repo crossram was out. There were a few people willing to pay the $21,000 for a setup(which still seems crazy) but once that group all had crossrams the prices were bound to drop. This recent auction had mismatched carbs and the lower manifold had no casting # so it definitely hurt the value of the deal. But I don't think you'll be seeing too many people paying $20K for a complete setup unless it's truly NOS and mint condition. I think the GM setups will still be going for $12-15K and the repos with the incorrect repo carbs will probably be lucky to get $5K. But that's just my opinion. I wonder if the news of the repo's coming out made some people want a real GM setup before the repos appeared so there would be no confusion and that might have caused the spike in the market. Remember, it's not the price of the part that matters to some people, it's the fact that it's a genuine GM part which will dictate the price.

[Canucklehead]

So if a guy was to buy a car with the real x-ram set-up on it and replace it with the repo piece, does that mean that his car is now worth 20K less?. So now he can sell the original for 20K!!!. I would think the car will still fetch a good price, but not 20k less.

[Jeff H]

[ QUOTE ]
So if a guy was to buy a car with the real x-ram set-up on it and replace it with the repo piece, does that mean that his car is now worth 20K less?. So now he can sell the original for 20K!!!. I would think the car will still fetch a good price, but not 20k less.

[/ QUOTE ]

Where did you come up with those numbers, they make no sense at all? If you took a $20K part off the car and put a $5K part back on, why would it lose $20K in value? And if it really did, why would you waste $5K putting the repo back on it then? Only time will tell what is going to happen with the prices, but I just can't see the crossram market being that big even if the repos sell for $5K or less. I mean, how many guys are really paying $1500 for a pair of NOS GM door sill plates?