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re: Barrett-Jackson car auction in Scottsdale (Salon Collection currently on)

Posted on 1/30/16 at 5:51 pm to
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
139229 posts
Posted on 1/30/16 at 5:51 pm to
This El Morocco should be interesting
Posted by Tiger Ree
Houston
Member since Jun 2004
24563 posts
Posted on 1/30/16 at 5:52 pm to
I'm watching online while watching the LSU-OU game on TV and the online feed is much better. They show the cars and not the crowd and no split screens.

The TV cameraman has been annoying most of the time. He rarely shows the whole car and will zoom in on the hood emblem. At least they are doing far away shots today before zooming in to a couple feet away. He does seem to have a thing for the passenger side rear quarterpanel.
Posted by Big Block Stingray
Top down on open road
Member since Feb 2009
2096 posts
Posted on 1/30/16 at 5:53 pm to
quote:

I could never understand why people buy cars just to polish them. Always seemed weird to me.




For investments.

People who say cars are horrible investments/do not appreciate do not know what they are doing or buying the wrong cars.

Every one car of ours was driven on occasion. We recently sold a documented survivor with original paint, interior, and even original spark plugs. The car was from 1958 and had 11,213 original miles and we turned a HELL of a profit in 6yrs.
This post was edited on 1/30/16 at 5:56 pm
Posted by CaptainsWafer
TD Platinum Member
Member since Feb 2006
59453 posts
Posted on 1/30/16 at 5:54 pm to
How much?
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 1/30/16 at 5:56 pm to
had 160k on my insider bid
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
139229 posts
Posted on 1/30/16 at 6:00 pm to
Robbed at the end
Posted by lathoroughbred
Louisiana/Kentucky
Member since May 2008
8125 posts
Posted on 1/30/16 at 6:00 pm to
I have an 82 Collectors Edition Corvette with the Crossfire engine...all original 62k. Now I'm starting to wonder what it would have brought this weekend.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
139229 posts
Posted on 1/30/16 at 6:02 pm to
I think every 53 corvette that was ever built has crossed the stage today.
Posted by Traveler
I'm not late-I'm early for tomorrow
Member since Sep 2003
26615 posts
Posted on 1/30/16 at 6:04 pm to
quote:

or buying the wrong cars.


More often than not for those not doing their homework.
Posted by CaptainsWafer
TD Platinum Member
Member since Feb 2006
59453 posts
Posted on 1/30/16 at 6:05 pm to
When people say I'm going to invest in a new car, clearly a 2015 Honda Accord will not appreciate. A fully restored 55 corvette will.
Posted by lsunurse
Member since Dec 2005
129146 posts
Posted on 1/30/16 at 6:07 pm to
Where are the chicks in the evening gowns on stage?
Posted by CaptainsWafer
TD Platinum Member
Member since Feb 2006
59453 posts
Posted on 1/30/16 at 6:08 pm to
How much did those corvettes sell for
Posted by lsunurse
Member since Dec 2005
129146 posts
Posted on 1/30/16 at 6:09 pm to
1.65 million
Posted by SG_Geaux
Beautiful St George, LA
Member since Aug 2004
80828 posts
Posted on 1/30/16 at 6:11 pm to
quote:

For investments. 

People who say cars are horrible investments/do not appreciate do not know what they are doing or buying the wrong cars. 


Please. Very few people can successfully use cars as a way to consistently make money.
This post was edited on 1/30/16 at 6:12 pm
Posted by Front9Bandit
Member since Dec 2013
15432 posts
Posted on 1/30/16 at 6:14 pm to
quote:

Please. Very few people can successfully use cars as a way to consistently make money.


False
Posted by SG_Geaux
Beautiful St George, LA
Member since Aug 2004
80828 posts
Posted on 1/30/16 at 6:18 pm to
If it were that easy to do everyone would do it.
Posted by Hugo Stiglitz
Member since Oct 2010
72937 posts
Posted on 1/30/16 at 6:21 pm to
Seems like cars are a terrible investment regardless. Like investing in airplanes or boats. Seems like you'd get better return on investment and significantly minimize risk and liability in a dozen other strategies.
Posted by Big Block Stingray
Top down on open road
Member since Feb 2009
2096 posts
Posted on 1/30/16 at 6:23 pm to
quote:

When people say I'm going to invest in a new car, clearly a 2015 Honda Accord will not appreciate. A fully restored 55 corvette will.



Well that depends on what you purchase it for.

Not every classic appreciates at the same rate, you have to know the market or you can lose your arse.
Posted by Big Block Stingray
Top down on open road
Member since Feb 2009
2096 posts
Posted on 1/30/16 at 6:27 pm to
quote:

If it were that easy to do everyone would do it.



Lots of people do it actually.

If you buy right and can sit on it for a couple years you have a better ROI than any IRA and can tangibly have fun with the investment.
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 1/30/16 at 6:32 pm to
Aka Ron Pratte
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