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Anyone know what was the top seller?
I see the "Atomic Punk" show rod went through the auction.
I have a friend from Tucson who sold a show rod this weekend, but must have been through one of the other Phoenix auctions. Another customer sold a 33-34 Ford coupe.
there was a 2012 Mustang Boss that went for like 450,000. guess someone likes blue..... a lot.
Russ
From the little bit I watched, it appeared that prices were up this year....good if you're a seller, not so good if you're a buyer, I guess. IMO, the auction did show that overall interest is up in Hot Rodding and collector cars. Best part of the auction to me was the amount of money that people were willing to bid on the cars that had the proceeds going to charity!!!! Show what kind of people Hot Rodders really are....
Last night, there was a corvette themed speed boat and matching vette that went for $675,000.
I was surprised that some things I thought would bring great prices, were not so great... and others seemed way too high.... like the '56 Desoto convertible.
As usual, it's hard to predict what will wind the watch of some bidders. There seemed to be more charity cars than usual, but then I don't sit and watch it for hours on end, so maybe what I saw was distorted. I may have seen a total of 4 hours for the whole week.
Having been a hemi owner those are of particular interest. The last couple years they've been pretty depressed compared to 3 and 4 years ago, which was the height of the home equity = cash machine era. I was a bit baffled by the Goldberg clone Dart going for over $100k, while the genuine '65 Belvedere I factory race hemi struggled to $80k. Obviously the wrong kind of buyers there for that kind of racing history car, but interest in "celebrity" owned car up there. The other one that surprised me was the '62 Galaxie/race boat combination, each with a Ford SOHC engine. The combo goes for $80k! It's not uncommon for the engine alone to bring $25k plus. Oh well.
I'm happy to see this thread hasn't brought out the usual BJ bashers. I see on a couple other forums the usual...."BJ is driving up the price of all cars, pretty soon I won't be able to afford anything.....waaa, waaaa, waaaaaa!". Bull hocky! Uninformed people might see some of the prices and think they can get $45k for their notch back '65 'Stang, but if knowledgable buyers keep passing it by eventually the starry eyed ignoramous will have to rejoin the real world if they need to sell. Just because someone asks the moon doesn't mean that becomes the new market. It's all in the hands of the real buyers, not the whiners.
The other silly comments are about how stupid the buyers there are with their money. I'm sure there are some who let their ego get in the way (not talking about the charity cars, that's a whole different kettle of fish) and succumb to bid fever and pay too much. But hey, it's their money, it's not like they're the government that just takes it from people, they had to do something to earn it. If they were smart enough to figure out how to provide something that others paid them very well for, they can't be all that stupid. And I can't imagine they're all lottery winners. Okay.....end of rant. After all, when it's all said and done, for those of us not there it's just entertainment.
good to watch from a *safe distance*
I watched a car that sold Saturday night for $110,000. This particular car had been purchased in May 2010 at a Mecum auction for $115,000. The Mecum price included the buyers fee. The BJ price did not so the $110K netted the seller $99K. So, the guy lost $16K on the car in 8 months....plus any entrance fees, detailing the car, advertising, etc. Therefore, the car is going down about 10% a year.....in six years it will be affordable.
The basic fault of the BJ auction on TV is that it is difficult to assess the real quality of the cars. You can run 10 Camaros thru in a line and the price varies quite a bit. This year, BJ had a bunch of wooden wagons run thru the auction earlier in the week. Must have been filler stuff or a buddy of Mr Jackson's.
i only caught a little of it .. it will be repeated to death .. there was a good bit of affordable stuff though
I watched it off and on all but Sunday. on Thursday night they said the prices were up 20% from last year. I love watching the auctions and dream only if I had their money what I would buy.
I love to watch BJ and the quality of most of the cars and trucks is top notch to say the least. Many, IMHO, do not bring close to what it must have cost to build and then there are others just the opposite. The thing that bothers me is that in about a week or two idiots in this area come out of the wood work and start advertising some so called "rare" piece that probably wouldn't bring half of what they're asking if it was to run through BJ. Someday, hopefully, I'll be able to attend on of their auctions.