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Reply to "Pre-L + GT5-S FS/Mecum/Kissimmee............"

wpl posted:

Lets be honest here, the 5S at Russo didn't sell because from what I saw there wasn't really any $$$$ there . That car was so under bid, you couldn't build a car for the 145k.

 

R&S results aren't out yet, so I can't comment overall but cars sell all the time for less than build cost. One could equally argue that GT5S got enough pre-auction exposure but the money chose not go there and if it was truly seen as a car collectors wanted then it would likely have been bid on. It's probably more a case of an owner spending $100K to personalize a car to knock $150K off the value.

There are not enough 5S sales to statistically say what sells and what doesn't, but it would appear for 5S cars originality is important and perhaps Euro cars (small bumper) are more desirable and ultimately desirability is reflected in number of bidders and sales price. If I was in the market for a 5S it would be exactly that a Euro car in reasonably original spec.

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