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Old 01-20-2007, 06:51 PM
ramair2 ramair2 is offline
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Default Market down even for top doggs?

Is it me or are even the top dog hemis feeling a market slowdown?

$200k for a mint hemi challenger ..4speed..matching...200?? this car was 300+ last yr here..easy...

$260 for a 27K mile all matching hemi cuda 4speed in concours cond?

Thats low ball city...Last year that car is 350+ if its a buck.

this is inflata-price Barret-JAXON to boot!

one of 16 1969 GTX hemi convert went for 200K too. It was cool seeeing Craig Jackson sweat and say 'its a buy' etc etc. Nope didnt work!

Now the 1000000 dolar q is...is it people have tired of the USUAL top shelf drink and are now lookign for another single malt scotch or (RA IV pontiacs Stage 1 Buikcs?)...or is the market simply slowing?

BJ was saying in some cirlces that the orange 70 Hemi with 76 miles was 'a million dollar car'. Well its 1/2 of one anyway! (sold today for 500k)

One last comment...The only real top dogg car owners that sell at barrett are vette owners and guys with the hemis since (up til now) those crs have had very firm floors. (Seems like those two groups have taken up 50% of all cars today!) A RA IV Pontiac would not have that luxury in a no-reserve marketplace like BJ.

That may be part of another factor...OTHER reserve venues in AZ (russo and steel etc) may infact do much better than BJ since reserves are allowed? Wag on my part. If the numbers from non BJ AZ auctions are down like I saw on BJ today/so far, then I for one would be somewhat convinced the market is taking a temporary(?) breather ala the national housing market has been/is doing. If thats the case not sure where we go from here. Might not be such a bad thing for the market to level off some at these already lofty levels...

Thoughts on all this?


Last edited by ramair2; 01-20-2007 at 09:45 PM.
  #2  
Old 01-20-2007, 07:54 PM
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70ra455 70ra455 is offline
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Read the constant complaining about this on the other posts. It's going down ... period. Of course there are exceptions to the rule (like the 375 '65 Chevelle that went for $250,000!) Most of the big cars are down.

Look at the Judge Convertible on ebay (4spd red on red.) I don't think it can get 200K but remember this is all relative. It sold for less than 70K about 4 years ago.

I do believe if I had been at the auction I may have been tempted with the Hemi-GTX convertible with 4spd for 200K. That was the best "deal" on the auction. The Judges are getting about what Ebay gets.

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Old 01-20-2007, 08:12 PM
ramair2 ramair2 is offline
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$445K for a 69 429 boss mustang??

then 150 for a copo 427 camaro 4speed??

wacko market right now

so much for across the board down OR up trend!

maybe its just a hemi and camaro overdose/hangover....

time to move on to the other top doggs marques like the 429 boss...

and...

ra iv pontiacs? :-)


Last edited by ramair2; 01-20-2007 at 08:21 PM.
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Old 01-20-2007, 08:40 PM
WARCHIEF400 WARCHIEF400 is offline
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It seems like the custom muscle cars are what some people are looking for. Custom 70 Cuda 500,000, Custom 70 GTO 125,000. I think RAMAIR2 might be right, market may be leveling out. What has been the top price for a GTO/Judge at BJ so far?

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  #5  
Old 01-20-2007, 08:40 PM
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weranc55 weranc55 is offline
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Prices have come down. I look at it this way. The cars right now are worth what they where about 18 to 20 months ago. The middle cars are the ones that are getting hit the hardest.

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Old 01-20-2007, 08:40 PM
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Pontiacs will NEVER get to Chebby level because we are a strange bunch of people who eat their young and tear each other up!

We focus on the cars that are over the top in power and rarity. I just looked on their results:

'66 GP with 8-lugs really nice car for under 9K
'62 Starfire Convertible for 19K

There's lots of nice cars for reasonable prices on ebay and BJ but if we're all looking for the numbers matchig 4spd convertbiles of course their prices stay a bit high (but they're not as high as even 6 months ago!)

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Old 01-20-2007, 08:53 PM
GTOPLACE GTOPLACE is offline
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Default BJ COMMERCCIAL TIMING

I'VE WATCHED EVERY HOUR OF BJ AND HAD TO ENDURE A GAZILLION CORVETTES, CHEVELLES, CAMAROS AND MUSTANGS, WAITING PATIENTLY FOR A GTO OR JUDGE TO HIT THE BLOCK. BUT BJ CUT TO COMMERCIAL FOR EVERY JUDGE PLUS A NICE 69 GTO. THEY CUT TO COMMERCIAL ONE CAR AWAY FROM THE 69 JUDGE CONV., THEN CAME BACK TO SHOW THE SUNSET AND THEN CUT TO COMMERCIAL AGAIN. I'VE MEMORIZED ALL OF THE COMMERCIALS. ENOUGH ALREADY. WITH 150 CORVETTES AT AUCTION, WHY COULDN'T THEY SACRIFICE ONE OF THEM? OR A CHEVELLE OR CAMARO? I EMAILED BJ AND TOLD THEM I WOULD NOT TUNE IN AGAIN AND WOULD NOT SUPPORT THEIR SPONSORS. I'M OUT !!!!!!!

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Old 01-20-2007, 08:53 PM
70ram4 70ram4 is offline
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you are right PHil

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Old 01-20-2007, 09:14 PM
ramair2 ramair2 is offline
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C. Jackson is a big Mopar guy. Other top execs in BJ are big Chevy and Ford guys.

End of "mystery"!

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Old 01-20-2007, 09:22 PM
70ram4 70ram4 is offline
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I was going to bring my 70 to B-J next year but I think I can do better elsewhere,

  #11  
Old 01-20-2007, 09:23 PM
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Judge273 Judge273 is offline
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I don't know about the market and whether it is up or down. Whether BJ is the place to sell Pontiacs.

But what I do know is that 69 Judge vert green/green/green couldn't sell at Mecum in 2005 highest it got was 100K no sale, and did break 200K at BJ a little while ago.

What does that say other than he finally got his price at the right time?

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Old 01-20-2007, 09:41 PM
ramair2 ramair2 is offline
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is 200K for a 1/17 judge convert great?

I think we all agree BJ isn not place for pontiacs...however whats NEW is it suddelnly (ie vs 2006) not the place for hemis and copo camaros?!!

if true thats a huge change...or..the maket is down for these cars (most all cars?)

today:
260K hemi cuda 4speed 27k miles..concours..matching
200K hemi gtx CONV..mint..4speed...matching..200k?!?
200k hemi challenger...4speed..mint matching 200k?!?
150 matching documented copo 4speed 1969 camaro..150k?!?

pretty damning evidence we are slowing...OR...rotation into other top dogs (445K 429 boss??)....unclear..lets see what russo et al do in otehr reseve AZ auctions in coming days/weeks...

either way the winds are a-changing!

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Old 01-20-2007, 10:55 PM
Dave D Dave D is offline
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Default I have been to BJ and there is another dynamic at work.

I have been there three times ( used to live in Phoenix ) 02', 03, and 04'. I am restoring my Judge and will be selling it so I was not only interested in what the market is and the trends are but also in Barrett Jackson as a potential sales venue. I learned a few things:
1). The real market trends are best learned from the enthusiasts and collectors that are in the grounds looking at all of the cars prior to aution. You can talk to them, the owners of the cars to see what they were concerned or asking about. Hot cars always come out of a sale but are not always a trend.
2). There are only a few real big money guys. The rest are museum owners or reps and then a large number of dealers/collectors/margin players that have a solid line of credit.
3). To an earlier point in this thread there is some bias by the BJ execs. Mopars are a favorite as are the Boss Mustangs and especially the Shelby's. Nuff said about Corvettes.
4). Your car will only fare well on Friday or Saturday night with Sat the big money day. Simple to understand but there is a bigger dynamic at play. The BJ staff has over 6000 cars to choose from and will consign only the ones the big money guys are looking for on those nights. Other slots are filled of course but they have all year to play to their needs.
5). They will "short shift" your car on the block in an off day where they will drive it up in prime time. I witnessed this first hand on a Sunday with a 67' BB Vette that went for 35% less than the average of just the two days prior. A reputable collector and dealer I know in my local area has also seen them short a car that they already know a specific bidder wants. (Buddy bids on his own accord but the bill is paid by the collector)
6) The other auctions are truly a better guage for what is hot and the upcoming trends for real world money. I know a dealer that has had very good luck at Russo and Steele. BJ has the Boyd Coddington and concept stuff. They also set the bar for Shelby's and Vettes but the rest of the makes do not come away with any real market relevance in my opion with the exclusion of Mopars and so far this year it is pulling back.

Don't get me wrong....BJ is a blast with great cars and great memorabilia but if you are a one or two car guy like me it is not worth your risk.

As for us Pontiac guys..... I think we will continue to gain value but we are another year or two away from gaining big ground. Mopar bubble has burst, The Chip Foose cars are cold as well as the big buck pro touring set so it will be time to look at the W30's, Stage I's, Judges, RA IV stuff etc.

My two cents anyway......Dave

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Old 01-20-2007, 11:52 PM
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70ra455 70ra455 is offline
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This is ALL YOU NEED TO KNOW ... a '70 RA4 Judge MINT for $117,000! The buyer and his wife were so happy they couldn't contain themselves! A steal!

The market is DOWN.

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Old 01-21-2007, 12:04 AM
70ram4 70ram4 is offline
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I've also heard good things about Russo-steele

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Old 01-21-2007, 12:04 AM
ramair2 ramair2 is offline
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dave sounds we are on the same page with the analysis. a lot different than last yr thats for sure. i hope ram air II/Ivs are next up (with stage Is and W30s is fine by me!)...nice to see something other than hemis and vettes over and over again...spice things up if nothing else!

BJ also deserves this down tick. in prime time all they will put up are hemi after hemi (springled with dozens of 67 vettes and a 1/2 dozen shelbys)..eeenuffff already! and it looks like the bidders agree with the lower prices we saw today....i knew it was going to be a looong day for the hemi when the "million dollar" 76mile hemi cuda 'only ' went for 500K. 1million my buttocks! after that, the ceiling the top was set in stone for any future (non modified/non race) hemi cars sliding down the auction block.

the one that jaw dropped me the most as far as lowball price was that documetned MINT 4speed green copo 427 69 camaro going for 150k!

wow...think one in similar cond/with simialr documentation went for ~450k last yr...deep down ive always been a 'stealth car' kind of guy (ie ram air II) so the plain/steel wheeled 427 copo camaros i must admit are pretty cool (and until today seemingly untouchable)...

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Old 01-21-2007, 12:27 AM
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117 for a ra4 Judge is not low. I think thats about what they are worth. They are not worth 150. Same for the Copo Camaro. 150 is a fair price for it. I was at Bj a few years ago and a Copo sold for under 100k.

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Old 01-21-2007, 12:41 AM
ramair2 ramair2 is offline
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nope not true.

'a few years ago'?

few years ago might as well have been the stone age! prices have been way up yr over yr for more than a few years...

last yr two copos at bj sold for a LOTT more than 100...as i said 300-450k range...check it out...

clearly prices are down for copos, hemi e-bodies and ls6s (convert ls6 chevelle for 210??)...

  #19  
Old 01-21-2007, 12:45 AM
Baron Von Zeppelin Baron Von Zeppelin is offline
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Quote:
Originally Posted by 70ra455
This is ALL YOU NEED TO KNOW ... a '70 RA4 Judge MINT for $117,000! The buyer and his wife were so happy they couldn't contain themselves! A steal!

The market is DOWN.
This White IV/4spd Judge would have went more towards the 175-190k on eBay. It was low mileage/ heavily and completely documented/ primo example.

I would call BJ the best bargain spot for Hot Pontiacs this year - but certainly not the doctrine of Pontiac prices in whole. Don't expect to see this type Car being sold anywhere else at this type price. The No-Reserve format really put the hurt on a lot of Car owners. Reserve would have probably been at least around 150k zone if offered on eBay.

Just because BJ doesn't have a strong buyer clientale/market for GTO's this year, doesn't mean the sky is falling. Mostly it means don't go there to sale your upper echelon Pontiac at No-Reserve.

"The buyer and his wife were so happy they couldn't contain themselves"

They KNOW they caught it in the right spot at the right time - no reserve and no serious competitors. And good for them - full congratulations ! 117k IS A PILE OF MONEY, regardless.

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Old 01-21-2007, 12:54 AM
Baron Von Zeppelin Baron Von Zeppelin is offline
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Also want to mention that I "think" a lot of the savviest buyers are saying the He|| with BJ and their greed infested fees. 18% commission off of every Car sale ? Why make those greedy bastards any richer ? F them.

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