View Single Post
  #6  
Old 08-11-2013, 11:35 AM
Alvin's Avatar
Alvin Alvin is offline
Suspended
 
Join Date: Apr 2003
Location: Pontiac Land
Posts: 3,332
Lightbulb See them in person

Quote:
Originally Posted by ponyakr View Post
I assume this auction I mentioned is exactly the same one mentioned in this post. So it seemed to me to be the best thread for it. But if I have screwed up again, ya'll will just have to forgive me again, please.
No apologies needed IMO, if anyone doesn't like where or what you posted here they can feel free to move on elsewhere. As it turns out, the brief time I turned our DVR on yesterday it was during this 1970 Green 455 Convertible auction - so timely post for me. Thank you.

Quote:
Originally Posted by wrongway View Post
I watched the 70 go. here's the car on their website: http://www.barrett-jackson.com/appli...n=7003&aid=523

Once again, the anouncer was totally missinformed. He spent almost the whole time talking about the Canadian built BOP 12 bolt rearend with bolt in axles that is in the car. Had no clue it's a Chevy 12 bolt. Also, 7" rallys, fender decal on the trunk & trunk decals on the fenders. Coolant sensor on engine not plugged into anything. Also had Judge eyebrow stripes when it went through, but not in the pictures. They also talked about how "Forest Green" was the replacement color for Verdoro Green in '70. WTF??? Nice car, but once again a B-J oversold car with this quote from the site "correct detail throughout".
Glad I missed the typical misinformation "chatting up" w incorrect information.

Quote:
Originally Posted by MikeNoun View Post
There was something fishy going on with the bidding (wow, what a surprise!). The bidding stopped at $60K for the 70 GTO, then they (Jackson and Davis) stopped and told the crowd how it was "a $100K car all day". The auctioneer kept raising the gavel to end the bidding, then.... just as his gavel was coming down for the last time, Craig Jackson intercepts the auctioneers arm, within a fraction of a second of the car being sold, and suddenly another bid came in from nowhere. It happened again around $80K, then stopped once more at around $95K. Then they started to egg the crowd on to get it over $100K, and it eventually sold for $121K, about twice what this car was worth in today's market.

So....the car just about sold at $60K, the buyer was within one second of taking the car home, and eventually it sells for TWICE the amount?

I wouldn't be surprised if the car never sold. There's so much corruption and back door dealings going on at these auctions, you never know what you're seeing.

They had a segment on Jackson and Davis where they said they know what each car will bring before it gets up on the block, and they boasted that they're always right, to within a couple percentage points. It was a plea to sellers to "trust B-J's judgement on no reserve cars", which makes me all the more suspicious that the final bids for this 70 GTO were shill bidders to get the car from $60K to $121K.

BTW, I never did see who bought the car (I may have missed it). They always show the final bidder of a high-priced car signing the papers.
IIRC I happened to tune in at around the $60 to $80k mark and saw the jerking start-stop-start bidding presentation while this was on the block.

No way can I comment about this vehicle unless not only seeing this in person, but also driving it - even only in the staging lanes - to know what this car is really about. This comes from personal experience of driving auction cars that looked like mega $$$ and some were actual "Star Cars" that may look nice for camera, pictures, and some also in person; that were barely and/or undriveable. This same has been true in my experiences for many Pontiacs.

On the positive: I've found and driven many clean, tight, not photographic or televised vehicles that were downright nice and great value vehicles in person.

Keep in mind; most any vehicle you see televised, the owner has paid $$$ for it to be seen on the broadcast, and IIRC pay additional $$$ for coveted time slots on Auction Dates.