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Message

Stop paying so much for silly cars
Posted on 1/23/18 at 7:17 am
Posted on 1/23/18 at 7:17 am
Nailed it.
jalopnik
quote:
Barrett-Jackson’s 2018 Scottsdaleauction just wrapped up and everyone’s rich dad went home happy with a NUMBERSMATCHINGIKNOWWHATIHAVE 1970 Chevy Chevelle SS that’ll sit untouched in a garage for the rest of eternity. Occasionally my dad and I will watch the auction live because I will always have a soft spot for ‘60s-’70s muscle cars and trucks, but can we all admit how silly prices are getting?
quote:
Take this 1969 Chevy Camaro ZL1 for instance. Sure, it is a rare car. According to the listing, only 69 COPO Camaros were ever built. There are more Ferrari 599 SA Apertas around in the world.
But does that justify the $770,000 auction price? Absolutely not. “But Alex, this ZL1 is the only one built with the NC8 chambered exhaust!” you may say. In response, I say who the heck cares. All I see is an orange Chevy Camaro ZL1 with a big block in it.
Whoever bought it will likely never drive it and paid hypercar prices for a car that basically has all the provenance of a trivia question between commercial breaks on the Velocity network.
jalopnik
Posted on 1/23/18 at 7:20 am to CAD703X
I bet that retard from Gas Monkey still lost money at an auction like that
Posted on 1/23/18 at 7:20 am to CAD703X
These are investments for the most part, sit in a show room and are resold in another decade or three.
What do you think they are paying $$$ for a car to take to the early bird dinner?
What do you think they are paying $$$ for a car to take to the early bird dinner?
Posted on 1/23/18 at 7:22 am to CAD703X
The price for things such as collectible cars, art and the like soaring is a classic leading indicator of a peaking economy.
Posted on 1/23/18 at 7:22 am to Winston Cup
quote:
What do you think they are paying $$$ for a car to take to the early bird dinner?
DQ driver-thru bubba
Posted on 1/23/18 at 7:24 am to CAD703X
Stop telling me what to do with my money. Just because you can’t afford to buy silly cars doesn’t many no one else can.
Posted on 1/23/18 at 7:24 am to Winston Cup
quote:
What do you think they are paying $$$ for a car to take to the early bird dinner?
A good friend of mines grandpa does just that lol. He buys old muscle cars, fixes em up, drives them for a few months, and sells it. Buy another one, repeat. He averages about a car oer year.
Granted, he isnt spending outrageous amounts, but it is still quite a bit, usually 50-75K
Posted on 1/23/18 at 7:24 am to CAD703X
You should auction off your clunker
Posted on 1/23/18 at 7:26 am to Winston Cup
I saw a lot of nice cars in the 30-40 range which means if you look around and not buy from a Barrett Jackson type auction you can find a nice ride.
Posted on 1/23/18 at 7:31 am to CAD703X
Wealthy people do wealthy things.
Posted on 1/23/18 at 7:32 am to CAD703X
I’ve seen better cars driving through the quad on a Wednesday
Posted on 1/23/18 at 7:35 am to CAD703X
OP sounds like Kamala Harris or Nancy Pelosi. He thinks he knows better how to spend other people’s money than they do.
OP, Why do you hate the free market?
We don’t much care for socialists on this board.
OP, Why do you hate the free market?
We don’t much care for socialists on this board.
Posted on 1/23/18 at 7:52 am to Rebel
Damn I just posted a funny article.
Odd thing for the OT to get so butthurt about.
SERIOUS CAR AUCTIONS IS SERIOUSNESS!!
Odd thing for the OT to get so butthurt about.
SERIOUS CAR AUCTIONS IS SERIOUSNESS!!
Posted on 1/23/18 at 8:01 am to CAD703X
Like what mark twain said about land
Buy land, they ain't making anymore of that
Buy land, they ain't making anymore of that
Posted on 1/23/18 at 8:35 am to CAD703X
This has been going on for generations, and will continue going on. If the writer does not get it, they should not be writing for Jalopnik. The buyers are looking for what they lusted for, as a youth. As a buyer, you want anything that sets you apart from the masses. If it is a special exhaust, color combination, whatever, it adds value to the educated. Muscle cars are near their peak. The buyers that knew them as teenagers are old, and simplifying their lives. The sell of will begin, soon, prices will fall, and the 80's and 90's cars begin to climb in value.
Posted on 1/23/18 at 8:36 am to CAD703X
Don’t you have a shitty old BMW with a fruity, rainbow license plate?
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