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Hot Rods Barrett Jackson Prices Seem Low

Discussion in 'The Hokey Ass Message Board' started by FalconMan, Jan 17, 2020.

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  1. Yea, two different type cars. I would'nt give the red one a second look but that's just me. I'm more original/traditional interested......I sold this last year.. IMG_2793.JPG
     
  2. Shamus
    Joined: Jul 20, 2005
    Posts: 1,130

    Shamus
    ALLIANCE MEMBER
    from NC

  3. partsdawg
    Joined: Feb 12, 2006
    Posts: 2,534

    partsdawg
    ALLIANCE MEMBER
    from Minnesota

    Maybe I missed them but I didn't see any baby Thunderbirds from that one restoration guy.
     
  4. RRanchero Rick
    Joined: Nov 20, 2016
    Posts: 76

    RRanchero Rick
    Member

    Make up for it with volume tho.
     
  5. fuzzface
    Joined: Dec 7, 2006
    Posts: 1,264

    fuzzface
    Member

    Thunderbird guy was Minter. I didn't see any either.

    Different players, every few years you see new faces. like the bar owner said once to me, every 5 years you tend to see different faces. some die off, some just disappear and others enter the picture.

    you don't see the big corvette dealer the last few years either or Ron Pratte that was a big major buyer for a few years and then just like that sold off his collection and haven't been seen since.
     
  6. nochop
    Joined: Nov 13, 2005
    Posts: 1,325

    nochop
    Member
    from norcal

    You would think you couldn’t enter or sign any legal documents though. Just a opinion. I can imagine sobering up and finding some butt ugly billet laden LS powered candy painted street rod in my garage, not to mention divorce papers.........
     
  7. Hnstray
    Joined: Aug 23, 2009
    Posts: 10,965

    Hnstray
    ALLIANCE MEMBER
    from Quincy, IL

    Really? Why? I would think potential buyers have a responsibility to moderate their own behavior. If they do not, let them live with the consequences of their choices.

    Ray
     
    Last edited: Jan 20, 2020
  8. Hnstray
    Joined: Aug 23, 2009
    Posts: 10,965

    Hnstray
    ALLIANCE MEMBER
    from Quincy, IL

    I, and a few friends, have been through that dance with the Illinois Department of Revenue a few times and won the argument every time. Did it with ‘proof’, i.e., photos and documents.
    If you are telling the truth about purchase price, you can prevail. If you lied, well, don’t whine if you are caught.

    The exception is if you got an unrealistic ‘sweetheart’ deal and only paid a fraction of the actual market value.

    Ray
     
  9. nochop
    Joined: Nov 13, 2005
    Posts: 1,325

    nochop
    Member
    from norcal

    I quite agree with you on that, it’s just a quiet observation here, in California you can’t sign any legal docs under the influence, but then again, I’m not a lawyer so my post is probably BS anyway. I do find my self watching those auctions occasionally and find it interesting to a degree. Cheers, NC
     

  10. Yep, Personal Choice/ Personal Responsibility! Or....You Grew It, You Chew It!
     
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  11. Hnstray
    Joined: Aug 23, 2009
    Posts: 10,965

    Hnstray
    ALLIANCE MEMBER
    from Quincy, IL

    It’s always the ‘other guy’ who is perceived to be making all the money. It all seems so simple, put on an auction and rake in the money. What an observer sees on the surface is only a fraction of what goes on behind the scenes. There are many months of preparation for each of the auction events, thousands of man hours and investment in advertising and promotion. Then there is cost of the venue and a string of other overhead expense as far as the eye can see. Do they make any money? They must or the show wouldn’t go on. But I submit it is far less than the inexperienced observer imagines. Try walking a mile in their moccasins.

    By the way, I seldom watch these events on TV or attend them, so I have no vested interest in them. My comments are intended to add a little perspective to opinions aimed at ‘easy targets’!

    Ray
     
    Last edited: Jan 20, 2020
  12. nochop
    Joined: Nov 13, 2005
    Posts: 1,325

    nochop
    Member
    from norcal

    I wonder if the commercials help offset production costs
     
  13. nochop
    Joined: Nov 13, 2005
    Posts: 1,325

    nochop
    Member
    from norcal

    I like that Quote, gonna steal it
     
    Bill's Auto Works likes this.
  14. thirtytwo
    Joined: Dec 19, 2003
    Posts: 2,594

    thirtytwo
    Member

    I’m stunned by the amount of people who think they should be able to get all their money back out of a car they build or have built , it’s never been that way.. not even when labor was cheap

    The only way that has ever happened is if your a hobbiest and you do nice work ,BUT if you factor your time you pay yourself a dollar an hour or something equally ridiculous
     
    Special Ed likes this.
  15. Black_Sheep
    Joined: May 22, 2010
    Posts: 1,072

    Black_Sheep
    Member

    I have it on in the background for lack of anything else being on tv. The prices don’t make sense to me, a lot of decent looking cars seem to go very cheap. Then I watched a first gen Bronco go for $100K. What am I missing? It seems like the ‘60’s muscle car market is still pretty strong.

    Not that it matters anyway, I’m not buying or selling...
     
  16. fuzzface
    Joined: Dec 7, 2006
    Posts: 1,264

    fuzzface
    Member

    "What am I missing?"

    I am guessing but I think it has to do with these car building shows. the last year or 2 almost each one built either a early bronco or a chevy c10-k10. those shows do influence some people.
     
  17. Mr48chev
    Joined: Dec 28, 2007
    Posts: 26,093

    Mr48chev
    ALLIANCE MEMBER

    I'd say he has the best attitude of the bunch. Watch it just the same way you would walk though a car show and don't get hung up on what the BS artist talking head commentators say or the prices unless you are shopping for a car.
    We have had some snow on the ground all week and I was a bit under the weather for a couple of days so I probably watched far more hours of it than I would have if it had been nicer outside.
    Prices on the glass 32 Fords match what I have seen similar cars advertised for in the PNW and actually less than some that have been for sale for a long time. I'd say some guys got a can't build it for that car at a right price to go have fun with.
    A lot of the rods and customs that didn't bring what you thought they would were obviously dated by the paint, interior material or wheel and tire choice and lost in that If I can buy it cheap enough I can redo it the way I want mode. Think hot lick front row at Goodguys 15 years ago but last year they hid out by the outhouse in the back.

    Still it isn't worth pissing and moaning about and that just enjoying looking at cool cars is what it should be about.
     
  18. Moriarity
    Joined: Apr 11, 2001
    Posts: 15,803

    Moriarity
    SUPER MODERATOR
    Staff Member

    I am sure that it takes an army of employees and the rent on the facility is quite high not to mention the advertising and preparation for the event is expensive. with that said there were 131,600,000.00 in sales last year and with the buy and sell fees being something like 10 percent on each end then BJ made 26 million dollars just from that, then there is the television commercials and the listing fees for each car and the admission price for the walk ins and the bidder registrations.... I think the auction companies are probably doing ok
     
  19. Flathead Dave
    Joined: Mar 21, 2014
    Posts: 2,524

    Flathead Dave
    ALLIANCE MEMBER
    from So. Cal.

    Why worry what things at BJ are going for? Shouldn't we be more concerned about what reality is on the street?
     
  20. Fuel to burn
    Joined: Jul 17, 2009
    Posts: 267

    Fuel to burn
    Member

    Something I read on here a long time ago-

    "money doesn't come with instructions"

    Sent from my SAMSUNG-SM-N920A using The H.A.M.B. mobile app
     
  21. Dick Stevens
    Joined: Aug 7, 2012
    Posts: 2,685

    Dick Stevens
    Member

    And how do you prove that you were under the influence when you signed the documents?
     
  22. nochop
    Joined: Nov 13, 2005
    Posts: 1,325

    nochop
    Member
    from norcal

    Probably got to sign a document......lol
     
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  23. Blue-Collar-HotRods
    Joined: Nov 21, 2019
    Posts: 45

    Blue-Collar-HotRods
    Member

    The BJ prices DO effect the street prices. In a very negative way!
     
  24. anthony myrick
    Joined: Sep 4, 2009
    Posts: 5,028

    anthony myrick
    Member

    Here is the part of the sticker lady the camera guy seems to always miss
    3679D70A-CAEB-4436-A2D1-A10A20C995B5.jpeg
     
    Last edited: Jan 19, 2020
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  25. partsdawg
    Joined: Feb 12, 2006
    Posts: 2,534

    partsdawg
    ALLIANCE MEMBER
    from Minnesota

    Everyone is against big money for parts until they are selling theirs.
     
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  26. DIYGUY
    Joined: Sep 8, 2015
    Posts: 767

    DIYGUY
    Member
    from West, TX

    ^^^^^THAT’S the best reason to watch. Every time she bends over the windshield I , I , , well you know.
     
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  27. spanners
    Joined: Feb 24, 2009
    Posts: 853

    spanners
    Member

    Don't forget, It's probably any easy way to 'launder' some ill gotten gains by buying something and paying too much.
     
  28. Flathead Dave
    Joined: Mar 21, 2014
    Posts: 2,524

    Flathead Dave
    ALLIANCE MEMBER
    from So. Cal.

    Only for the stupid.
     
    INVISIBLEKID and nochop like this.
  29. Lots of players in the auction scene. The economy is good so investors are playing the market. When there is doubt, people park their money in cars, and other tangible assets. I dont know the profit/loss write off scenario, but they do. I was around some small players, finding and hauling auction cars, parts etc. I have picked up and dropped off some nice cars to some very shady characters in some very nice neighborhoods, and seen enough to not want to be there again . Money laundering is a part of it.Prices adjust with the economy trends, when the dollar is low, cars go overseas, when it is high, they come back.I do not believe the interest is gone. Somehow, I just don't think I will ever see a 33 Ford, a Duesenberg, or 64 Polara 426 in my price range.
     
    tractorguy likes this.
  30. jimmy six
    Joined: Mar 21, 2006
    Posts: 5,178

    jimmy six
    ALLIANCE MEMBER

    He was mentioned when the “F” 57 went thru at way under 100K. Minter would have been twice that.
     
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