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Originally Posted by Baron Von Zeppelin
Looks like the same type crowd doing business at Russo. Jegs IV and the White 36k mile/1 owner IV Judge both would have done much better on eBay. Speculators always predict higher returns from AZ auctions, sometimes it's true - this time NOT.
It's been a big picture in Arizona for a long time and it's getting old. I think it's wearing itself thinner. Prices somehow went through the roof last year - deep pockets stay home this year and relax. In return prices fall off this year. Probably next year won't be as many top level Cars (scared sellers) but tons of buyers hoping to scarf a dreamy deal, like in Jan.07.
All that Arizona stuff is just becoming a charade/circus. Last year it was a sellers market, this year a buyers market - and by a WIDE margin. It's never switched so much in just a years time. The economy hasn't drowned by that margin in past year. I say majority are just fed up/burned out on all the AZ hype and turmoil. More of the real players are just staying away from AZ. Folks who can afford to buy AND keep these Cars don't dump them like that in just a years time at a loss. Too many rookie/quick turn investors flooding the market will have that effect and maybe it's for the best in general. But it's going to hurt most everyone involved whether veteran or beginner.
Now this is just my view/opinion and also the way I feel about going to Arizona to buy or sale a Car.
Not sure anyone called the 450k Blk/Blk 70 IV auction reasonable. I was highest predicter at around 200k. It may have been real - but probably not. It was very peculiar to say just the least. Sources say it was - and some sources say not. Both sides say they have it on good authority. I'd call it bogus until absolutely proven otherwise.
An IV will never be of Hemi/LS6/CJet status to ALL the masses. But with guys like Bruno kicking their a$$es, they will continue to demand and acquire more and more respect.
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BVZ, all excellent opinions, your points made here are exactly what I've experienced buying and selling some rare poncho's in the past 6 weeks. Friends of mine that have done some car trading/buying recently have had similar transactions to mine. I will also say that I would be extremely happy to have that White Ram IV Judge in my garage for 117,000, unless there was some major issue with it (don't care about sr block). And at the risk of being redundant, you (BVZ) are right on as usual.