Join Early Retirement Today
Reply
 
Thread Tools Display Modes
Classic car auction
Old 04-26-2008, 09:04 PM   #1
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
Classic car auction

Earlier I was watching a rerun of the Mecum classic car auction on HDT. Too bad I don't have a few extra thousands sitting around. A '55 t-bird went for about $18k. A '69 Camaro went for around $23k.

Of course, the '70 Hemi Cuda went for $200k+...
__________________
Have Funds, Will Retire

...not doing anything of true substance...
HFWR is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 04-26-2008, 09:08 PM   #2
Thinks s/he gets paid by the post
 
Join Date: Dec 2007
Posts: 4,764
Quote:
Originally Posted by HFWR View Post
Earlier I was watching a rerun of the Mecum classic car auction on HDT. Too bad I don't have a few extra thousands sitting around. A '55 t-bird went for about $18k. A '69 Camaro went for around $23k.

Of course, the '70 Hemi Cuda went for $200k+...
Pocket change. Go for it chief.
Notmuchlonger is offline   Reply With Quote
Old 04-26-2008, 09:21 PM   #3
Thinks s/he gets paid by the post
73ss454's Avatar
 
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,698
Mecum has been having live broadcast for the last few weeks on Speed Vision.

Not as well run as the Barrett Jackson auction. With Mecum you can put a reserve on your car but Barrett Jackson is a no reserve aucton.

I went to the Barrett Jackson Palm Beach auction a few weeks ago and the Mecum auction in Orlando this past January.
73ss454 is offline   Reply With Quote
Old 04-26-2008, 09:26 PM   #4
Thinks s/he gets paid by the post
 
Join Date: Dec 2007
Posts: 4,764
Barett Jackson runs on Espn. Seems like some of those cars go for a reasonable price. Im not dropping 200k for no Cuda though
Notmuchlonger is offline   Reply With Quote
Old 04-26-2008, 09:31 PM   #5
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
I believe they said there were only 234 of that particular Cuda. I had a classmate in hs with a Challenger hemi, w/2-4bbls. That mother was dangerous.
__________________
Have Funds, Will Retire

...not doing anything of true substance...
HFWR is offline   Reply With Quote
Old 04-26-2008, 09:34 PM   #6
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
bbbamI's Avatar
 
Join Date: Dec 2006
Location: Collin County, TX
Posts: 9,294
Yep, I saw that too. The Vettes were going for very little money. Glad I didn't spend $57k on one a few months ago.
__________________
There's no need to complicate, our time is short..
bbbamI is offline   Reply With Quote
Old 04-26-2008, 09:36 PM   #7
Thinks s/he gets paid by the post
73ss454's Avatar
 
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,698
Yeah, the rare cars are still doing moon shots with the prices.

Back in 2000 I sold a 1969 Hemi GTX super track pack car with 21K miles. I had the car for over 16 years and sold it for what I bought it for. If I still had the car it would put me in a diff. tax bracket.

When I used to take it to car shows I'd always have one or 2 people come over to me and tell me they had one just like it. What's the chances of that since they only built 99 hemi GTX's in 1969 with a 4 speed. I must have run into 2000 original owners of these cars in 16 years.
73ss454 is offline   Reply With Quote
Old 04-26-2008, 09:40 PM   #8
Thinks s/he gets paid by the post
 
Join Date: Dec 2007
Posts: 4,764
Quote:
Originally Posted by bbbamI View Post
Yep, I saw that too. The Vettes were going for very little money. Glad I didn't spend $57k on one a few months ago.
Hard to go wrong with a vette
Notmuchlonger is offline   Reply With Quote
Old 04-26-2008, 11:50 PM   #9
Thinks s/he gets paid by the post
 
Join Date: Nov 2005
Location: North of Montana
Posts: 2,769
I need a link BAD!!
__________________
There are two kinds of people in the world: those who can extrapolate conclusions from insufficient data and ..
kumquat is offline   Reply With Quote
Old 04-27-2008, 08:25 AM   #10
Full time employment: Posting here.
 
Join Date: Apr 2006
Posts: 944
I would love to have a 56-58 Corvette - such a classic!
__________________
Freed at 49. You only live once - live it
Donzo is offline   Reply With Quote
Old 04-27-2008, 10:32 AM   #11
Moderator Emeritus
Ronstar's Avatar
 
Join Date: Aug 2007
Location: Northern Illinois
Posts: 16,543
Here's a nice vette - not mine but I wish it was!

Ronstar is offline   Reply With Quote
Old 04-27-2008, 10:44 AM   #12
Full time employment: Posting here.
 
Join Date: Apr 2006
Posts: 944
Thats a beauty and its the vette body type I like the most.......I wonder what they go for now-a-days?

The McDonalds roof matches the color.
__________________
Freed at 49. You only live once - live it
Donzo is offline   Reply With Quote
Old 04-28-2008, 01:55 PM   #13
Moderator Emeritus
Ronstar's Avatar
 
Join Date: Aug 2007
Location: Northern Illinois
Posts: 16,543
I dont know how much an original would cost, but there are conversions running 120k to 140k


Park Place Ltd - Exotic Car Dealer

The pic is at the Scottsdale Az car night that they have every Saturday in a Mcdonalds parking lot. about 400 cars but this one really caught my eye.
Ronstar is offline   Reply With Quote
Old 04-29-2008, 09:54 PM   #14
Recycles dryer sheets
nphx's Avatar
 
Join Date: May 2007
Posts: 344
That vette's nice. I've been to that car gathering and have seen some rare cars in between the classics.

It's a fun hobby. im up to 9 cars now - yipeee. Hagarty insurance is inexpensive to keep them legal and parts (mechanical) are dirt cheap for the 60s/70s engine and drivetrain.

Hope the hobby becomes a valuable asset in the coming years. But consider a 69 - 73 muscle car... is that peaking now?

I mean who wants a model t now or even the 57's are losing it (except the cadillac for me) ... is there a wave that retires the values or are these pre 1974 archived as an era?
nphx is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Do you have a classic car? Tell us about it. Grizz Other topics 34 01-24-2008 02:10 PM
classic car insurance stargazer08 Other topics 11 01-17-2008 09:46 PM
Classic: What happened to the dinosaurs? brewer12345 Other topics 20 09-19-2007 11:21 AM
classic hi-end audio equip. mathjak107 Other topics 12 09-10-2006 01:46 PM
Classic strategies for retirement investment fledermaus FIRE and Money 3 11-03-2003 07:54 AM

» Quick Links

 
All times are GMT -6. The time now is 05:07 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2024, vBulletin Solutions, Inc.