Ferrari Mailing List: Re: Barrett-Jackson

[LarryT (l02turner]

I keep wondering what the commentators mean when they say a car was bought 
for less than the restoration cost.   I assume that means a car was bought 
for $80K and the resto cost was estimated to be $100k.  I would think a lot 
of restorers would be looking for other work if that's the case.

Yeah, I think your comment about muscle car prices being lower than they 
used to be.   Some cars like Cuda's and GTOs that went quickly to over $100K 
seems to stall at $75k or $80k.  Then again, there must be a limit to how 
many muscle cars the public can absorb.

Also, some restorers seem to be updating a lot of cars that didn;t start out 
that way - for instance, regular Mustang Coupes that are made to appear to 
be Boss 302s - not that they are being misrepresented, just that they're not 
the real deal.  If they have to do that does it mean all the good stuff is 
squirreled away in collections?  Maybe some potential buyers are staying 
home figuring all the "real" muscle cars are gone?

One more observation and I'll go away - don't people usually go to auctions 
to try and get a deal?  Doesn't seem to be many deals at B-J.

Have a nice, quiet, Sunday evening -

Larry T (67 MGB, 74 911, 78 240D, 91 300D)
www.youroil.net for Oil Analysis and Weber Parts
Test Results http://members.rennlist.com/oil
PORSCHE POSTERS!  youroil.net
Weber Carb Info http://members.rennlist.com/webercarbs
.

----- Original Message ----- 
From: "Erik Nielsen" <judge4re [at] gmail.com>
To: "Larry Turner" <l02turner [at] comcast.net>
Cc: "The FerrariList" <ferrari [at] ferrarilist.com>
Sent: Sunday, January 20, 2008 6:27 PM
Subject: Re: [Ferrari] Barrett-Jackson


> I watched bits and pieces of it this week, not that I'm the expert on the
> price pulse, but numbers seemed down.  Maybe the muscle car bubble is
> starting to deflate...
>
> On Jan 20, 2008 5:11 PM, Ken Rentiers <rentiers [at] mac.com> wrote:
>
> > Well with the auctions at Monterey in August and Florida in the
> > spring, someone wanting to consign their Ferrari may figure they will
> > have more luck at a place where more tifosi are present. Scottsdale
> > was all muscle cars this year. With the housing bust and the DOW on
> > the skids can collector cars hold their value?
> >
> > ken
> >
> > On Jan 20, 2008, at 4:51 PM, LarryT wrote:
> >
> > > Good point.  All those "restorers" out there have to have a market
> > > somewhere! ;-)
> > >
> > > Almost as soon as I worte my note I saw a Cobra by Superformance, a
> > > RR and a
> > > 89 Porsche Turbo.
> > >
> > > It might just be me, but seems like some of the foreign exotics have
> > > some
> > > warts.
> > >
> > > I would like to see a Lincoln Zepher - what beautiful lines.
> > > ;-)
> > >
> > > Larry T (67 MGB, 74 911, 78 240D, 91 300D)
> > > www.youroil.net for Oil Analysis and Weber Parts
> > > Test Results http://members.rennlist.com/oil
> > > PORSCHE POSTERS!  youroil.net
> > > Weber Carb Info http://members.rennlist.com/webercarbs
> > > .
> > >
> > > ----- Original Message -----
> > > From: "jim" <jimshadow [at] verizon.net>
> > > To: "'LarryT'" <l02turner [at] comcast.net>
> > > Cc: "'The FerrariList'" <ferrari [at] ferrarilist.com>
> > > Sent: Sunday, January 20, 2008 4:20 PM
> > > Subject: RE: [Ferrari] Barrett-Jackson
> > >
> > >
> > > BJ has to do this if they want to keep the Muscle Car market as
> > > elevated as
> > > possible.   It took them a long time to get it here, now they want
> > > to keep
> > > it here.   Makes them lots of $$.  Get that hype up ya'll.
> > >
> > > :)
> > >
> > > JIM
> > >
> > > -----Original Message-----
> > > From: LarryT [mailto:l02turner [at] comcast.net]
> > > Sent: Sunday, January 20, 2008 4:14 PM
> > > To: JIM
> > > Cc: The FerrariList
> > > Subject: [Ferrari] Barrett-Jackson
> > >
> > > Howdy  -
> > >    Have been watching this years "event" and I guess this has been
> > > getting
> > > worse and worse as the years pass - fewer and fewer exotic cars are
> > > crossing
> > >
> > > the block.  I haven't watched every minute but what I've seen has
> > > been GTOs
> > > (the Pontiac kind), Mustangs and Corvettes with the most exotic car
> > > being
> > > the "Beverly Hillbillies Mobile".
> > >
> > >    I wonder is this has been a conscious move or maybe Ferrari,
> > > Maserati,
> > > Alfa and Porsche, etc owners have stayed away on purpose?
> > >
> > >    Hope everyone is having a nice weekend -
> > >
> > > Larry T (67 MGB, 74 911, 78 240D, 91 300D)
> > > www.youroil.net for Oil Analysis and Weber Parts
> > > Test Results http://members.rennlist.com/oil
> > > PORSCHE POSTERS!  youroil.net
> > > Weber Carb Info http://members.rennlist.com/webercarbs
> > > .
> > >
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