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Just saw part of it tonight. I usually watch a bit during the week, but Saturday is the day when they bring out the show-stoppers and million dollar cars. I'll kind of get fixated on the '67 - 71 American musclecars. *drools all over self*
Some guy that has lots of money. When you watch the auction he is always on the main stage with the auctioneer. I think that's all they do is auction nice vehicles.
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I read an article about the future of car-collecting, saying that the people who invest in Picasso paintings and Stradivarius violins are now becoming more interested in cars. This is especially true of the American musclecar segment e.g. '67-71 supercars.
But these buyers have always been around, except until recently they've only been sticking wiith their vintage dusenbergs, gto ferraris, and gullwing mercedes, which is fine b/c I'll never have a million or so dollars to buy one of those.
Here's my rant:
But the thing that bugs me is that they're starting to buy up the cars that were originally geared towards the average joe - that's me. Some cars have already sold in excess of $1 million - and these buyers are just getting started. What a rip - I'll never be able to own a Yenko or Hemicuda.
Yeah, Zip. And '60s Z/28s, COPOs, Hemi 426s are selling regularly at $100 - 150k and some are now over $200k. All factory cars (although COPOs are special order items) that anyone could have bought. Unbelievable.
And to think that during the '70s gas shortage, people were selling these for way less than they bought them for (literally couldn't give them away), and throughout the '80s into the '90s they were still inexpensive. I completely missed the boat! Kind of before my time so I never had the chance to own one, although I guess I would be kicking myself if I owned one and sold it. Now I want one, and they're way out of my league.
If you like American muscle, here's a site I recommend www.corvettes-musclecars.com. This is a private collection of about 50 cars out of Seattle, WA. Informative write-ups accompany most of the cars. However, definitely take a look at his '69 ZL1 Corvette and '69 ZL1 Camaro. You'll chunder all over yourself. A '69 ZL1 Camaro sold at Barrett-Jackson a few years ago for about $450k.
I watch that show from time to time.The problem I have with it,is usually it's on at night then I can't sleep 'cause ,I can't stop thinking about those car's!However,I am currently in the process of purchasing the closest to a muscle car than I ever will be.I thought about mentioning it earlier but wasn't sure if I should because it aint no FORD!I will give you a couple clues,built in'67,less than 4000 built for Canada (this one was built for Can.)Pontiac,with a 327.Any guesses.
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Can never seem to stay in the bush long enough!
1976 Ford HiBoy-300I6
1978 Ford Bronco-351M
66 I hear you about these guys buying up the average joe cars. It does suck cause i would love to own one, and I garuantee you I would definatly appreciate the car for what it is, not the value of it.
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2003 F-250 supercab shortbox 4x4 lariat
~Everythings legal man as long as ya dont get caught~
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