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> input on collector car values this summer, which way do you see them going?
orange914
post Mar 30 2010, 10:51 AM
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o.k., i'm wondering what the 914 crew foresees in the crystal ball. i'm parting with my 67 mustang of 22 years and just sent off my barrett-jackson application for june- l.a. auction. the only reason i'm parting with it is a realstate opertunity. i will hold it if the market dives. what are your thoughts on the collectorcar market tread in the next 6 to 12 months? i have 2 interested parties but as soon as i agree to sell at b.j. it's off the outside market.

(IMG:style_emoticons/default/confused24.gif) (IMG:style_emoticons/default/confused24.gif)

mike
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Scott S
post Mar 30 2010, 11:16 AM
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I would try and do everything possible to sell it privately. I am not 100% sure of the BJ fee/commission structure, but any fees are simply that. Does BJ publish a list of their prior listings by year/make/model? That would be a great indicator of what did and didn't sell, and for what price.

As far as the market goes, getting top dollar right now is brutal, unless a car is rare, has some sort of history, etc.

With the stuff we have purchased in the past two years, we wont touch any sort of investment car unless it is going for somwhere around 50% of what it "should" currently sell for. Unfortunatley, the economy has created some great deals for buyers - I say unfortunately as it is really too bad when someone drops a pile of money into a restoration, falls on hard times and then finds out there is no demand for it when he tries to sell it.
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orange914
post Mar 30 2010, 12:43 PM
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QUOTE(Scott Schroeder @ Mar 30 2010, 10:16 AM) *

Does BJ publish a list of their prior listings by year/make/model? That would be a great indicator of what did and didn't sell, and for what price.

As far as the market goes, getting top dollar right now is brutal, unless a car is rare, has some sort of history, etc.

With the stuff we have purchased in the past two years, we wont touch any sort of investment car unless it is going for somwhere around 50% of what it "should" currently sell for.

yes, i've been watching past sales. fortunately my mustang is a special order,loaded, fastback with a strongly documented history. it should make prime time slot.

i guess i'm wondering if the feel out there is by june/july the market will take a quick dive. my take on the collector car market is it has gone down, yes, but definately not relitive to housing etc... the top choice models as mentioned, especially 67-8 mustangs seem about as hot...

am i off here ? anyone been observing "elinore" sales trends

thanks, mike
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