 |
10-18-2008, 12:58 PM
|
#1 | | Staging Lane
Join Date: Nov 2007 Location: Palm Coast, Florida
Posts: 66
| Barrett Jackson Auction I THINK THE BOTTOM FELL OUT OF THE COLLECTOR CAR MARKET, THE MAJORITY OF THE CARS ARE FETCHING 20 CENTS ON THE DOLLAR COMPARED TO A YEAR AGO. TOO BAD, JUST ABOUT ALL THE SEATS ARE EMPTY IN THE BUILDING BAD TIMING FOR THIS AUCTION |
| |
10-18-2008, 06:49 PM
|
#2 | | TECH Enthusiast
Join Date: Aug 2006 Location: Mountains of Western North Carolina
Posts: 647
| Yeah, not impressed with this site in Vegas. This may have been overkill by Barrett Jackson, especially in a 'down' market. Greed?? I think the AZ and FL auctions are more than enough for this outfit.
__________________ 2001 Trans Am Convertible - Taupe/Red |
| |
10-20-2008, 04:57 PM
|
#3 | | Administrator
Join Date: Nov 2001 Location: Houston, TX
Posts: 32,559
| with cars being so cheap there, what did you BUY?
I would have gotten in trouble there.
__________________ |
| |
10-20-2008, 07:57 PM
|
#4 | | Staging Lane
Join Date: Nov 2007 Location: Palm Coast, Florida
Posts: 66
| Bj Quote:
Originally Posted by Nine Ball with cars being so cheap there, what did you BUY?
I would have gotten in trouble there. | I just bought a 2008 BMW M3 Sedan, sweet ride.....V8 420 H.P. I will post pics this week. |
| |
10-20-2008, 10:40 PM
|
#5 | | TECH Fanatic
Join Date: Dec 2001 Location: Atlanta
Posts: 1,250
| BJ in LV was the right event in the right place at the wrong time. Until the MSM restores some normalcy to the US economy (read: after the election) few people are buying much of anything. No matter how much wealth you have it's value is headed down whether you are invested in the stock mkt. or not. This is not the time to be spending money frivolously. |
| |
10-21-2008, 10:39 AM
|
#6 | | Staging Lane
Join Date: Nov 2006
Posts: 59
| ZL1#14 wrote: Quote: |
I just bought a 2008 BMW M3 Sedan, sweet ride.....V8 420 H.P. I will post pics this week
|  Love the car! I have to tell you, though, anything over 400 hp on a daily driver spells trouble! We needed something with more versatility than my wife's Bug convert, so I got her into an '08 Trailblazer SS. Of course she didn't want it to look stock, so I put an SLP dual Exhaust on, lowered it 2", put a Volant Cold Air kit, removed all badges and replaced the plastic gold chevy bowties with polished billet pieces. This thing is trouble!!! I can't stay out of the gas! I definitely smell a ticket!  I plan on putting coilovers front & rear and installing the Magna Charger Supercharger on it. Should put out over 550 hp. When I'm done, I'll give you a call and we'll take the cars for a "ride"!
Anyway, congrats on the M3. I know you'll love it. 
__________________ Jordan
1997 30th Anniversary SS LT4 #54
2008 Trailblazer SS 2WD |
| |
10-21-2008, 11:11 AM
|
#7 | | TECH Enthusiast
Join Date: Oct 2002 Location: Charlotte, NC
Posts: 683
| It only makes sense that prices would be down with a tough economy; more people need money and less have money to spend. BUT I also heard that the quality of cars was way down, thus what looks like a good deal on TV or to a novice may be just a more realistic price for the car.
Plus, a no-reserve auction really blows for the seller in a down economy.
__________________ Brian M.
SOM 01 SS M6 - GMMG, LTs, UD pulley, SLP MAF, Lid, CAI, 3.73s & T/A Girdle, a little carbon fiber here and there, cross-drilled rotors, Fikse FM-5s, Koni SA, Hotchkis springs, SFCs, LCAs, polished STB
350 RWHP, 360 RWTQ - garage Queen
----------
95 Camaro Z28 Convertible M6 - White, stock, daily driver
96 Camaro V6 A4 - Dark Purple Metallic - former daily driver- Totaled 2/15/07
----------
1970 Chevelle SS454 Fathom Blue/White Stripes  - garage KING |
| |
10-21-2008, 04:26 PM
|
#8 | | Teching In
Join Date: Oct 2006 Location: N.J./N.Y.
Posts: 40
| Money is tight all over the place, you can't compare last year to this year. Less demand means prices fall, period. 
__________________
I'm John McClane and I approved this message. Yippee-Ki-Yay Motherfxxker ... |
| |
10-21-2008, 06:11 PM
|
#9 | | TECH Fanatic
Join Date: Dec 2001 Location: Atlanta
Posts: 1,250
| Bad timing. How could you not get as many buyers to Vegas as anywhere else? I would imagine a few pulled out early and some paid their fees and hit the road. |
| |
10-21-2008, 07:55 PM
|
#10 | | Staging Lane
Join Date: Nov 2007 Location: Palm Coast, Florida
Posts: 66
| Bj Quote:
Originally Posted by grb Bad timing. How could you not get as many buyers to Vegas as anywhere else? I would imagine a few pulled out early and some paid their fees and hit the road. | You hit the nail on the head............Prices can only go up from here on quality stuff. |
| |
10-22-2008, 11:46 PM
|
#11 | | Administrator
Join Date: Nov 2001 Location: Houston, TX
Posts: 32,559
| Quote:
Originally Posted by grb Bad timing. How could you not get as many buyers to Vegas as anywhere else? I would imagine a few pulled out early and some paid their fees and hit the road. | If BJ had some common sense, they would have scheduled this auction the weekend after SEMA (1st week Nov). Think about it, the entire city would be filled with car enthusiasts from all over the world. I would have attended the auction after the convention, I'll be at SEMA.
Foreign car shoppers would have ate those prices up at BJ. The entire automotive aftermarket world is at SEMA, not just the USA crowd.
__________________ |
| |
10-23-2008, 09:32 AM
|
#12 | | TECH Fanatic
Join Date: Dec 2001 Location: Atlanta
Posts: 1,250
| Tony, Tony, Tony what's da matter wit choo?? Everybody at SEMA is not a Vic Edelbrock, not to mention the fact that the people that attend SEMA not only can't afford to stay another week in Vegas, they can't afford to be away from their business.
As far as putting asses in the seats MGM can do that if they want to. Plenty of people got offers for free rooms and tickets to BJ. It just ain't a good time to be blowing cash on cars.
But never fear. Barney Frank has introduced legislation that will make a collectible car affordable and available for every American family. |
| |
10-23-2008, 10:04 AM
|
#13 | | TECH Senior Member
Join Date: Dec 2001 Location: Orlando
Posts: 5,513
| sema is tuesday-friday, having the auction on saturday, would be a good idea.
But you right, being away from your business is hard
Ryan
__________________ 1998 WS6 TA M6 Bright Red. ASC #370 2006 Quicksilver GTO, M6 Daily Driver |
| |  |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts HTML code is Off | | | | | |