barrett-jackson
Ever notice that the real nice "brass" style cars and the like don't get anything close to the stupid money that people spend on "clones".
Last edited by Freightrain; Jan 16, 2008 at 10:25 AM.
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As to what cars are worth at these big auctions, it takes at least two active bidders to drive the price up, then it just depends on who wants it more!!!! If it's junk and nobody wants it, it's gonna go cheap. Simple as that. All auctions are the same, just depends on who's bidding, what's for sale, and how bad they want it.....
Ever notice that the real nice "brass" style cars and the like don't get anything close to the stupid money that people spend on "clones".
Guess I don't know what a "brass" car is.....
One reason: Ppl on the roads are amazed to see these brass era cars, and cut in front of them, not knowing that the stopping distances of the brassies is 5 to 10 times as great as a modern vehicle.
The brakes on those brass era cars (1897/1915) are terrible at best, being ONLY on the rear wheels, and are controlled by cables. The shoes use a composition material made from rags (originally), which is not compatible with anything after the 1920's.
First car with 4 wheel brakes = 1924 Rickenbacker.
First car with "hydraulic" brakes = 1925 Stutz...but there was a problem with those brakes...Stutz didn't use brake fluid or mineral spirits...they used water!
Auctions = CAVEAT EMPTOR = many of the cars are shilled, not only by friends of the sellers, but by the auction company themselves. "Boosting" the price is done to attract newbies, who think the car is REALLY worth that kind of money...only later after buying it...does reality set in.
The worst overpriced car I ever saw sell at a B/J auction was a hotrodded 1938 Lincoln Zephyr coupe, with its original oil burning POS V12 engine. It brought a staggering $468,000!
In the real world, a car like that would be lucky to see 50 grand.
All these auctions have driven the prices up for all vehicles, 100% originals to parts cars. Ppl that own #4 or #5 vehicles see the prices #2 and #3 vehicles bring and think theirs are compatible.
There's a world of difference between a #2 vehicle and a #4.
Many of the vehicles you see at auctions are cosmetically restored, but the mechanicals are usually not touched. Most of these piles will require 1000's of $$$ to make them roadworthy.
Some cars that look like a million bucks will cost damn near that much to make them road worthy. Bent frames, wood rot, rust hidden by bondo and undercoating are the norm. Wood rot? Wood was used for many years as a framing for sheet metal...from day one thru the 1930's.
Is the car painted white? PLASTER OF PARIS and chicken wire (No Scheiss!) for many years has been the material of choice to repair rusty fenders, doors, hoods, floorboards, etc on Rollers, Bentleys and other British piles imported from the UK. If it's RHD and painted white = forget it!
White is the color of choice to hide wavy sheet metal, plaster of paris and bondo.
Auctions IMO, have ruined the car hobby, which was a hell of a lot more fun when the vehicles weren't worth anywhere near the inflated prices ppl get today.
In the 1970's, as a side job, I did engine detailing for a local Classic Car dealer, who was closely allied with a major auction company (not B/J).
It was an REAL eye-opener to see the inner workings of this auction company. One example is...many of the cars bought by "classic car" dealers at auctions are not paid for...for months.
Many of these dealers (in cahoots with the auctioneers) that buy cars at auctions use the J. Paul Getty Method = using other ppls money to make money.
They hope to sell the car at a profit before paying for it!
Last edited by NumberDummy; Jan 17, 2008 at 05:40 AM.
Bill, I know that brass era cars aren't suppose to be driven like 60-70's era cars, that's a basic given. My comment leads to the fact that for a really nice, original, or well restored car like that should bring good money. NOT like a "clone" of something.
Last edited by Iversen-fords; Jan 17, 2008 at 09:26 AM.





