Barrett-Jackson Auction
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Joined: Jan 2001
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From: Mish-she-gan
Barrett-Jackson Auction
Speed channel is running the BJ Auction again this weekend. Everytime I watch this (off and on during the day), I'm just amazed. Someone today paid $150k for a '55 Chevy street rod! Someone else $340k for a 300SL. And, so on. I keep thinking Fools and their Money are soon parted. Personally, I don't think I would ever buy a car at an auction. For every good deal, it seems there are 20 others that over pay and some by some serious money.
Your thoughts?
Your thoughts?
Joined: Dec 2000
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From: Livermore, CA
I am fascinated by this every year and I cannot drag myself away. I enjoy all the commentators too, very knowledgeable and not afraid to make a goof and get corrected by expert e-mailers.
Never ceases to amaze me at the sight of the guys (like us I bet) with Hawaiian shirts, baseball caps and their guts hanging out over their belts ......only difference is they are made of money. Just like we wish we all were in a way. Money is no big deal to me except that it does equal CARS and that would be "the score" in my Game of Life. I was however grossed completely out by that dude in the yellow sport coat biddng up a (very nice) 1969 Camaro Z-28 to $112,000. Even Keith Martin allowed as that would have been a great and fair buy for about $40K. Seeing as how I still feel like I am owed a Z-28 or Boss 302 from those halcyon days of the Trans Am it particularly upset me to see those great cars bid into the stratosphere.
Again I bitterly recall letting my '66 GT-350 go for $1950 back in the Fall of 1970...poor starving college student that I was at the time, without the 20/20 hindsight we all now posess.
Never ceases to amaze me at the sight of the guys (like us I bet) with Hawaiian shirts, baseball caps and their guts hanging out over their belts ......only difference is they are made of money. Just like we wish we all were in a way. Money is no big deal to me except that it does equal CARS and that would be "the score" in my Game of Life. I was however grossed completely out by that dude in the yellow sport coat biddng up a (very nice) 1969 Camaro Z-28 to $112,000. Even Keith Martin allowed as that would have been a great and fair buy for about $40K. Seeing as how I still feel like I am owed a Z-28 or Boss 302 from those halcyon days of the Trans Am it particularly upset me to see those great cars bid into the stratosphere.
Again I bitterly recall letting my '66 GT-350 go for $1950 back in the Fall of 1970...poor starving college student that I was at the time, without the 20/20 hindsight we all now posess.
Joined: Mar 2001
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I don't think these people are so much as buying "cars" as they are buying "commodities" which they hope will appreciate the next time they bring them back to the auction. Their appreciation of "cars" bears very little resemblance to our appreciation of "cars".
Joined: Aug 2002
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From: Randolph, NJ
[QUOTE]Originally posted by xviper
I don't think these people are so much as buying "cars" as they are buying "commodities" which they hope will appreciate the next time they bring them back to the auction.
I don't think these people are so much as buying "cars" as they are buying "commodities" which they hope will appreciate the next time they bring them back to the auction.
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Joined: Jan 2001
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From: Mish-she-gan
Some 15 or 20 years ago I had the opportunity to buy a '53 Vette for the tidy sum of $9,900. Naturally I knew it was an icon being the first year but I also knew it really wasn't my idea of a real sports car although it looked the part. So I passed on it. And, to see someone buy one for $195,000 just blows my mind. I do wish I had kept my 1963 Vette.
