Re: Can you settle an argument?
Yes Floyd, the market is down on muscle cars. Also the car that you seen on Barret Jackson may have had issues that you will not see on TV and will not hear about. Have you ever been to one of the major auctions ? I would recommend it to anyone looking to buy an INVESTMENT. Keep in mind the B-J aucton is a NO RESERVE auction which means once the car reaches the stage whatever it sells for that is it. B-J gets ( dont quote on this ) 17 % on the front and 17% on back so buyer and seller both pay. Many times the creme of the crop never make the line for the stage as the deal is done out in the lot. The Russo & Steele and Mecum auctions are RESERVE auctions in which if the car does not make the reserve you can take it back home. I believe it makes the auctioneer work harder for you to get your number. I know a person who did well with his purchase at a Russo&Steele auction and I know 2 people got screwed at a B-J auction aqnd one of them are involved in a lawsuit with B-J. Bottom line KNOW WHAT YOU LOOKING AT AND CHECK AS MANY NUMBERS CAN OR HIRE A PRO TO CHECK A CAR YOUR INTERESTED IN. BUYER BEWARE !!
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