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67 GTO at Mecum
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Did anyone see this car?
I am curious to hear the details..Seems a bit odd it went for so much |
It was well done, but nothing to warrant that.
https://www.mecum.com/lots/FL0122-48...o-convertible/ |
Maybe the 370 horse option? Seriously, it's a beautiful car but that price is hard to believe.
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everything was going for very high prices, I think even the commentators were blown away by prices.
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time to sell my 67 at Mecum this Spring. lol
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Holy smokes, that's an insane amount of money to pay. It's an automatic. And it's restored - not an untouched original.
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a LOT of happy sellers at Mecum Kissimmee this year .
Dana Mecum is REAL happy too Record Breaking event at well over 200 million in sales They get 10% from buyer and I think 5% from seller That would be over 30 million in fees to Mecum Over 90% sold ratio too |
I was very surprised by what people were willing to pay for some cars at Kissimmee this year. I mean, someone paid $1.3m (!!) for a 1936 17-passenger national park tour bus. Imagine what else you could have for that amount of money.
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They may have gotten more if the park light and emblem were installed correctly. |
Does anyone here have any insight as to how this car managed to achieve such a high sale price? It just seems completely crazy to me. Sometimes very nice resto-mods can break into this territory, but this is a stock restoration. Very nice, but it was neither an untouched low-mile original, nor a whiz-bang resto-mod, nor owned by anyone famous. What am I not getting here?
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Prices are hard to believe these days. Even some project cars are selling for what finished cars were bringing just a few years ago!
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I watched the video of this car and can anyone else tell or verify if it has the early, flat faced reproduction gauges?
That's what they look like to me but I can't get a real clear view. Not trying to knock the car. |
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Sent from my SM-G970U using Tapatalk |
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This week, a lot of buyers remorse I'd bet. Sent from my SM-G970U using Tapatalk |
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as that? (you probably noticed the "modern" amber bulb in there) Finger guard *AND* fan shroud? Master cylinder. Really looks like they painted all four coil springs with... shock absorber gray. :doh: |
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person, I'm going to hazard two guesses: it's either a trick of the lighting OR whoever refinished the faces didn't use enough blue and/or went nearly zero gloss? Dunno.:noidea: https://forums.maxperformanceinc.com...1&d=1642659153 |
I'm wondering if that was maybe a foreign buyer. Europeans and Arabs love these cars and can have lots of money. Not to slam them, but in my experience after working in Saudi Arabia, I've seen them buying classic muscle with seemingly no regard for the price if they want them.
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Inflation is rampant and the US government has increased the money supply like crazy. Nobody in their right mind wants to be holding depreciating federal reserve notes sitting in a sub 1% savings account right now, as it is losing value by the day, so many seem to be parking cash in other assets - often physical. Sports cards and other collectibles have also been skyrocketing in value as well during this time.
Another reason may be people borrowing like mad at still low rates and buying expensive cars, hoping that the value goes while the fixed monthly payment effectively drops over time as the dollar loses value. |
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I'm Clueless
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Point is, I'm clueless why that one went over 110K. Mine was 65K. My question, was it a total frame off screw for screw restoration or was that the shape it had been stored in and all original? |
WOW,
I’ve owned many 1967 GTO’s and never knew of a 370 HP being offered. Now I learn of a 330 HP in a ‘67. Really.:rolleyes: |
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As stated above the fan shroud is wrong Also they are using the generic Assm. Decals which are for a ram air car. ZL axle on the tube Being an auto with air the car isn’t available with a 4:33 rear. |
The hard part about seeing this is.... I know where a 1967 black on black on black 360/HO convertible is sitting and the guy WILL NOT SELL IT. Frustrating as hell.
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For the 1967 GTO. All engines were the 400 C.I. Three different horsepower ratings, (335, 255, 360). |
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