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Old 01-19-2007, 04:09 PM
SuperStockAMX SuperStockAMX is offline
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I saw a really nice '70 Chevelle SS396-350HP (base HP) / auto trans loaded with documentation. Blue with white interior, cowl hood sell for $38K. I saw a '70 'Cuda in red with rubber bumpers that was also really nice & 340 engine for $38K. Last night a '50's 956 Porche Speedster sold for $90K across the block. The very same car sold last year @ BJ for $135K said the auctioneer. With fee's, that's an over $52K loss or $1K a week to the seller.
My personal analysis is the auction prices are down. But I bet in the end, BJ will have another record year. FYI, don't forget there is another 200+ cars this year and the music memorabillia will somehow get in with the cash mix. There is also a TON of e-body hemi cars and just as many GT500 Shelby's. But I'll bet if you look at the common muscle cars, the average will be WAY down.

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  #2  
Old 01-19-2007, 06:59 PM
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68bird400HO 68bird400HO is offline
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Quote:
Originally Posted by SuperStockAMX
I saw a really nice '70 Chevelle SS396-350HP (base HP) / auto trans loaded with documentation. Blue with white interior, cowl hood sell for $38K. I saw a '70 'Cuda in red with rubber bumpers that was also really nice & 340 engine for $38K. Last night a '50's 956 Porche Speedster sold for $90K across the block. The very same car sold last year @ BJ for $135K said the auctioneer. With fee's, that's an over $52K loss or $1K a week to the seller.
My personal analysis is the auction prices are down. But I bet in the end, BJ will have another record year. FYI, don't forget there is another 200+ cars this year and the music memorabillia will somehow get in with the cash mix. There is also a TON of e-body hemi cars and just as many GT500 Shelby's. But I'll bet if you look at the common muscle cars, the average will be WAY down.
It will be interesting to see how these Hemis and Shelbys do, after the ridiculous prices they were bringing last year, I think the results of these cars will be the key indicators of the health of the market overall (but not necessarily the health of the hobby).

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