http://www.barrett-jackson.com...-CUSTOM-COUPE-187414
73 sold for $74,800
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Those prices include B.J.'s 10% buyer's premium. The winning bids were $68,000 and $40,000.
quote:Originally posted by agustaboy:
http://www.barrett-jackson.com...-CUSTOM-COUPE-187414
73 sold for $74,800
This car sold at Barrett-Jackson Scottsdale in 2011 for $83,600 including buyers premium according to Provamo
I am thinking they both went well below market value, unless the market is taking a terrible shift to the dark side.
I almost threw my beer at my TV when the Red Pantera sold.
I saw several cars cross the block at incredible deals.
That auction will effect Hagertys valuation tool on a few cars, like a sudden drop off of K-2
I almost threw my beer at my TV when the Red Pantera sold.
I saw several cars cross the block at incredible deals.
That auction will effect Hagertys valuation tool on a few cars, like a sudden drop off of K-2
The black cherry languished on eBay for months with no bids at $70K.
The Pushbutton was probably bought right to rip the GT5 kit off and return it the way it should be.
Modified cars are not selling the way stock are.
I only said the other day I know of 2 or 3 cars sold for lower money recently and I do believe there may be a bit of a correction in play. If you look at cars that actually sold on eBay they are all sub $50K.
Julian
The Pushbutton was probably bought right to rip the GT5 kit off and return it the way it should be.
Modified cars are not selling the way stock are.
I only said the other day I know of 2 or 3 cars sold for lower money recently and I do believe there may be a bit of a correction in play. If you look at cars that actually sold on eBay they are all sub $50K.
Julian
quote:Originally posted by Joules:
I only said the other day I know of 2 or 3 cars sold for lower money recently and I do believe there may be a bit of a correction in play. If you look at cars that actually sold on eBay they are all sub $50K.
Julian
I would probably agree but I don't think they went up in value enough to warrant a correction.
Look at Mercedes 190's, 280's Porsche 356 and 911 and almost any Ferrari or Jag E-type. They all have increased in value considerably higher than the pantera and for the most part, they are holding their value and some still increasing
all i have to say is......look out
Does that mean there will be a correction in the price of parts and I wont loose out on a set of seat belts for $315 
quote:Originally posted by king:
all i have to say is......look out
A little cryptic Mike, how do we read that? You think prices are going sky high or sinking like a lead balloon?
Without speculating, Does anybody have first hand knowledge or Did anybody get a look at the red push-button?
That seems low $.
That seems low $.
I think the message is pretty clear, if you really care what your car is worth, don't deviate so far from stock.
you will see prices level out..everyone thinks there car is a 100k car and i don't think thats true right now. most sales go to Europe and right now there economy is weak...
I think it's all about the right buyers at the action and weather they want a stock bodied car or a winged ? theirs more to buying a modified car, like how it was done..Get away from the smoke and mirrors, Surprise! the economy never recovered.
quote:Originally posted by king:
you will see prices level out..everyone thinks there car is a 100k car and i don't think that's true right now. most sales go to Europe and right now there economy is weak...
It was predicted, before the Monterey auctions last month, collector car prices would fall across the board. The prediction was accurate as the sales volume was lower than the previous year, for the first time in a decade. The "experts" were saying the collector car market was riding on a bit of a "bubble" and a correction, not a crash, was to be expected.
As far as the stock vs. modified values debate is concerned; the Barrett Jackson guys were at the Concourso Italiana this year and stopped by the DeTomaso display. The Pantera owner they cornered was Don Byars. They thought his Pantera was perfect for a Barrett Jackson "crowd" and predicted it would pull $140,000 at auction! His '72 Pantera is a ground-up restoration with a stock body, stock appearing engine and lots of non-stock improvements such as a complete leather interior, Lamborghini pearl orange paint and polished 17" Campi clone wheels.
As far as the stock vs. modified values debate is concerned; the Barrett Jackson guys were at the Concourso Italiana this year and stopped by the DeTomaso display. The Pantera owner they cornered was Don Byars. They thought his Pantera was perfect for a Barrett Jackson "crowd" and predicted it would pull $140,000 at auction! His '72 Pantera is a ground-up restoration with a stock body, stock appearing engine and lots of non-stock improvements such as a complete leather interior, Lamborghini pearl orange paint and polished 17" Campi clone wheels.
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Yeah, Barrett and also eBay, probably the two worse places for good sales, unless you need cash quick, then ain't too bad. I learned you really need to see the cars in person. I have seen $200K and $75k Nomads for instance that look the same in photos, but then see them in person at Berrett, and you really see the difference. When I did the article with Steve's Group 4 a few years ago, he considered his car more of a driver than show car back then. So that price may be about right for a Barrett auction sale if it had not been reworked a bit and was just driven more. It seemed like a nice build though.
I have been to auctions and bought things cheap which were in between things which had a lot more attention. The pushbutton seemed like it slipped through when no one was looking.
It must have had some issues. The online photos looked like it was ready to be re-done. On tv Steve talked about wondering if the fiberglass flairs would stay on which made me think it probably did not look that good up close.
It reminds me of the car I started with. It looked good but needed everything.
Before
Now (in perpetual holding pattern still on the interior)
You probably can't tell it from the pictures but there is night and day difference in the 2 cars.
Modified cars which are modified well do, do well. Modified cars which are poorly modified, not so much. Look at the Ring Brothers Pantera. Like it or not it was a fabulously crafted car and it brought $300k plus fees.
I think of many cars well modified over the years which were easily over $100k.
My suggestion to cars close to stock and in good shape, keep them that way. Cars which are already a bit hacked, go with good mods or themes.
The Ebay add comes up from time to time with the atrocity Pantera with the Fiero like nose.
It must have had some issues. The online photos looked like it was ready to be re-done. On tv Steve talked about wondering if the fiberglass flairs would stay on which made me think it probably did not look that good up close.
It reminds me of the car I started with. It looked good but needed everything.
Before
Now (in perpetual holding pattern still on the interior)
You probably can't tell it from the pictures but there is night and day difference in the 2 cars.
Modified cars which are modified well do, do well. Modified cars which are poorly modified, not so much. Look at the Ring Brothers Pantera. Like it or not it was a fabulously crafted car and it brought $300k plus fees.
I think of many cars well modified over the years which were easily over $100k.
My suggestion to cars close to stock and in good shape, keep them that way. Cars which are already a bit hacked, go with good mods or themes.
The Ebay add comes up from time to time with the atrocity Pantera with the Fiero like nose.
Our economy in Europe is weak, oh yes.
But the US economy is in coma now for almost ten years.
Mss Yellen said no way to raise tax from zero to zero point alomost nothing after almost ten years.
Right now they started the helicopter for QE4.
This is not a debate about whos economy is worse, europe, china or us, but fact is all three economies are just held alife by putting trillions of euros or dollars into it for zero interest.
If this stops, the western economies will die and we have a second world economy crisis even worse then in the 30s.
That is a fact. In the instant they stop printing money our cars will drop to zero $.
Do you mind? I don't.
But the US economy is in coma now for almost ten years.
Mss Yellen said no way to raise tax from zero to zero point alomost nothing after almost ten years.
Right now they started the helicopter for QE4.
This is not a debate about whos economy is worse, europe, china or us, but fact is all three economies are just held alife by putting trillions of euros or dollars into it for zero interest.
If this stops, the western economies will die and we have a second world economy crisis even worse then in the 30s.
That is a fact. In the instant they stop printing money our cars will drop to zero $.
Do you mind? I don't.
On the flip side the markets have propped up the cars a little. No one trust the markets, they don't trust the dollar nor our government. People are trying to find things to put their money in; land, cars, assets.
Even things like paintings which are harder for the government to keep an eye on. The government has tried to go after cash in banks but was stopped. Many of us have no doubt they will try to go after cash and investments at some point.
Even things like paintings which are harder for the government to keep an eye on. The government has tried to go after cash in banks but was stopped. Many of us have no doubt they will try to go after cash and investments at some point.
Thing is they will go after anything at the point of no return over here in the eu as in the us.
Do you know, most of you don't, that Cyprus did cut 30% of the money people had in cash one day to the other.
This will happen to other countries also, there is no doubt.
Totally correct that people look for other assets to hide their wealth from the government (as I do). Hopefully we do not fail in doing it.
Do you know, most of you don't, that Cyprus did cut 30% of the money people had in cash one day to the other.
This will happen to other countries also, there is no doubt.
Totally correct that people look for other assets to hide their wealth from the government (as I do). Hopefully we do not fail in doing it.