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#1 |
Banned
Join Date: Dec 2007
Location: Lake Placid, Florida
Posts: 3,203
Likes: 1,047
Liked 235 Times in 110 Posts
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I guess it all in what makes the buyers skirt blow up. Detroit makes mostly JUNK today. They buy these old cars to try to regain their youth. Buying from Barrett-Jackson or Mecum is a waste. Id never do it myself. Buyers fees and sellers fees of 8 and 10 % just sucks. The 70 Model you had didnt have 3 twos unless you put in on yourself. The original engine was a 350 small block or a 454 with 1 carb. I guess its like buying anything old. Id rather have the L-88 Coupe rather than a painting to hang on the wall. But thats just me and I dont have 3 1/2 million plus commisons either. .I have owned 11 of the damn things and raced 2 of them. Most were junk and the 2010 I now have is giving me fits in the computer dept. It has 11 computers. Quiet and smooth riding but still a piece of junk. Since they only made 20 of the L-88's to begin with its kind of rare. Some say only 17 real ones are left. Cant drive it unless you run racing fuel because of the 12 1/2 comp. The L-88 sucks as a street ride as it dosent have a radio or a heater. GM planed it that way to discourage people from buying them for the street. Probably gets 8-10 MPG at best with street gears. Its one of one because of the red on red color. I still like to watch the crazies bid on the cars when I have nothing better to do. Working class people who would rather drive their rides instead of just looking at them would do better to build a clone with lower compression. Thats what Im doing......99.9% of those looking at a good clone wont know the difference. Driving in and out of a trailer at a show dosent do it for me. As the saying goes " A fool and his money are soon parted". But if you has the $$$$$$$$ and can afford it.........go for it.
Last edited by X-TECH MAN; 01-21-2014 at 08:59 PM. |
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#2 |
Member
Join Date: Sep 2012
Location: Colt's Neck, n.j.
Posts: 349
Likes: 766
Liked 230 Times in 94 Posts
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A good friend of mine described these events as a bunch rich guys get drunk up a bit,and play "mine is bigger than yours".Why does that guy on barret/jackson always wear those sunglasses inside. I like the Mecom auctions better as they seem to have some affordable stuff and seem like real people.At least it's something to watch, John Kissel
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#3 |
VIP Member
Join Date: Oct 2008
Location: Aylmer Quebec, Canada
Posts: 1,086
Likes: 31
Liked 69 Times in 30 Posts
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Terry, you're right I never checked what engine came with the car in those year(just expected it must have been a 427), just happy that the set up was on the car.lol I still would love to build or have a company build me a clone a la Tim Allen(if I had that type of doremi), his 68 COPO was built the way he would of like, if he could have ordered one in those years, look it up on the Jay Leno garage.Claude
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#4 |
Member
Join Date: Jan 2014
Location: SoCal
Posts: 232
Likes: 274
Liked 167 Times in 81 Posts
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I agree with you guys that these auctions have turned into an egofest.
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#5 |
Senior Member
Join Date: Apr 2007
Posts: 581
Likes: 0
Liked 17 Times in 7 Posts
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I like to watch and see some very nicely done cars. I don't really pay much attention to the money, except during the the first couple of days when there are deals to be had. I never had the money that most of you have had owning all of those cars you talk about. So I have to buy junk the build it myself or, as in most of my own race cars build the whole car money permitting. But then again that's the way I like it, because you can enjoy the build and the accomplishment is far greater having built it yourself. Never was crazy about having a 1 of 100 built type of thing. I always have a 1 of 1 built. To each his own, if you can't build it....you have to buy it. At least we all love the car culture.
Wade Mahaffey |
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#6 |
VIP Member
Join Date: Dec 2001
Location: Arkansas - In the middle of everything.
Posts: 2,001
Likes: 64
Liked 780 Times in 194 Posts
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Remember also that this is an entertainment venue. What you see may not be what really happens transaction wise. Few people will watch a ho-hum auction where the sale price for a legitimate collector car is also ho-hum. I believe B-J got called on a televised session a few years back where the actual sale was totally different than what the viewer saw. "Scripted entertainment."
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#7 |
VIP Member
Join Date: Jan 2002
Location: Houma, LA
Posts: 2,717
Likes: 2
Liked 325 Times in 50 Posts
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I heard someone describe BJ as drunk men and plastic women. Probably close on some folks.
__________________
Jeff Teuton 4022 STK |
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#8 |
Senior Member
Join Date: Mar 2007
Location: Canyon, Tx
Posts: 552
Likes: 128
Liked 359 Times in 103 Posts
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I was there several years back just to watch on Friday afternoon.
There was a 55 T Bird if I remember correctly that a couple of older guys with their girlfriends who could have also been their daughters got into a bidding contest. I felt like the T Bird was a $30,000 to $40,000 car. The two were a little boozed up and to impress the young girls ran the car to over $60,000 before one would drop out. It was really pretty funny and almost all the crowd was pushing both to keep bidding. It was only those two bidding from somewhere in the $30,000's until the one dropped out. It was entertaining for those who were just watching. I am sure that happens a lot. To me the auction is a chance to see cars you would never see anywhere else and worth the price of admission to see them. I saw a Tucker there one of the years I attended and have never seen one since. That was a car far ahead of its time. Just My 2 Cents Rick Cates Canyon, TX |
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