that these muscle cars are going for! a 428 sj mustang sold for $475,000. wtf!
welcome to barrett jackson...its even more unreal in person.
you can see why they give each bidder 8 (!) free drink coupons. it is dumb money for the cars.
Go to a local auction for a good price, go to barrett jackson if you want to look big on tv.
looks like a swinging dick contest to me. some of these guys
problem is they mess up the prices everywhere else. Know everyone things their car is worth 50K.
I think its a good thing for the market... More and more cars are being dug up and restored!
1.15 million for a 70 Chevrolet Chevelle LS6 former drag car
I was watching the other day and saw a early beetle cabriolet go for 47,000. Boy I should be able to drop my beetle and get a few 914s
69 jag e-type fast back for 27k! I woulda payed that much...and then used the money that I didn't spend on the car for a personal mechanic to drive around with me...still a sweet deal
also a mid 60's corvette restored and went for around 30k I forgot...but that's also a good deal...I've always loved that generation (63-67 or something) my dad restored a few
I thought it was called "Speed".
I can watch it for an hour but all day, come on GMAB.
(at least it's not ASSCAR)
SPEED CHANNEL what a joke, Bobsledding for 4 hours, powerboat racing for 2 hours, then Mazda MX5 cup races for one hour, then The Graet Race movie the rest of the day, then Barrett Jackson from 2006 all day Sunday and Monday. It is
just a waste of time. I would rather work on a car than sit a watch this junk.
CCLINTHEGOLFCHANNEL
I miss the early days of ESPN2, when they covered racing and had events such as Thursday Night Thunder. If you don't like NASCAR, SPEED gets very lame. Then only time it's watchable is when they have no NASCAR news or races to cover.
Only Dave Despain's knowledge makes it tolerable.
Weird how the market is. The 60s and 70s american iron is so hot right now, but the foreign 70s and 80s supercars (Testarossa, countach, etc.) prices are in the gutter. You can get a nice Testarossa, for example, for around $65,000 or so.
My guess is this is a speculative bubble in the American car market right now, which is going to tank big time. Much like the speculative Ferrari market tanked in 1990. These prices are insane and are only being paid because people believe the prices will do nothing but go up.
Outside of the speculative bubble aspect, I wonder if the American muscle car market really has legs. We all know that car guys tend to "imprint" or "bond" to the cars they lusted after as a 16-20 year old. For the american muscle cars, those guys are now 55 years old, the key age for buying toys like these.
But 20 years from now, maybe even 10, is there going to be a huge pool of buyers for these cars? Or are they going to all be dead or too old to care anymore?
I also think the supercars from the 80s are going to be the "next big thing." Those are the cars that guys who are now late 30s to early 40s lusted after. When we hit our early-mid 50s, we are going to start looking at those cars again, and a lot will have the time and money to drive the prices way up. I could see a $65,000 Testarossa (todays price), going for $250,000+ 10-15 years from now.
You guys know that the coverage you were watching was from last January right?
no kidding...600K for a hemi cuda convertible...cool car...for 50K not 600K
back to the speed point...back when it was 'speedvision' they atleast covered rally (I'm a subaru guy and entered the 914 world for a subaru powered race car) so I'm big into rally and all that...they used to have it on every two weeks but now you have to download it or get in on dvd or something all because some cultureless fuckers would rather watch 4 washed up X-NASCAR drivers talk about NASCAR for two hours straight everyday of the week...less talky more racey!
Hard to believe some of those big time bidders look like the local rednecks that hang around the convenience store here at 6am BSing and drinking lousy coffee.....I guess money dosen't care who owns it.
Powered by Invision Power Board (http://www.invisionboard.com)
© Invision Power Services (http://www.invisionpower.com)