I may not know a lot about auctions ,but I 've learned a lot in the few I have attended .It seems to be the guy selling the car talks a lot of BS ,then tries to get the people who are trying to buy the car to pay more than it's worth ????? They tell the buyers things like ,"its yours for only a few more thousand " ", Don't miss this one " ," This car really suits you "???

For some reason ,this makes the buyer keep on bidding ??? Now the buyer ( always dressed in a loud shirt and smoking a big cigar )has just paid $75K for a car worth $50K ??? The Auctioneer is very happy because he has just clipped the buyer for $5K in commission .

Maybe I'm not smart enough to be a buyer at an auction ???

Lon

yblocksdownunder

I think drinking a 6-pack of beer would help in that bidding decision in paying a "few" extra thousand.

I'd be the first to agree that many Barrett-Jackson selling prices are ridiculous, However, in the case of the 55 wagon, while the resto may not be dead on, it appear very good. And if it is a body off restoration, I doubt the seller made much on it at just under $32000. Full restorations don't come cheap...

Paul

TELL ME ABOUT!!!!!!!!!!!!!!!!!!!!!

-Gary Burnette-

I know a couple of people my age or older who cashed out all of their holdings, have several million in the bank, and they realize they paid too much for the car of their dreams recently, but they figure they only have a few years to enjoy them, so why not. I'm not in that category. I'm still in business trying to make a living. But I was fortunate that the car of my dreams, a blue 56 Customline with OD appeared on eBay last September for $4000, buy it now. It turned out to be completely original, and in much better shape than the one I bought in 1962 for $300 and drove for 20 years. Since the bodies were dipped in paint in those years, it is almost impossible to change colors without a complete frame off. I kind of wonder if old geezers my age don't show their emotions too much at an auction and "planted" bidders bump the bid on them.

Kenneth

Fredricksburg, Texas

That is a country squire woody wagon and those are scarce, there has been one advertised in hemmings for months now for 55 grand and I have seen them advertised for up near $100,000, so 32 isn't unreasonable for that particular model, I'll bet the guy's that have them advertised for a lot more are cursing the auction since it brings the value of theirs down.

Also as Mr Arcand states, restorations don't come cheap, there is an ungodly amount of intensive labor involved and materials these days are through the roof. Tiger hair at NAPA the other day when I looked was $58.00 a gallon, $80.00 a roll of sandpaper and you need many grits, Primers are up near $100.00 a gallon. However there are a lot of people out there with more money than brains. And those rich people who buy several of those cars at ridiculouse prices just ruin the hobby for typical enthusiast.

55 Vicky & customline

58 Rack Dump, 55 F350 yard truck, 57 F100

59 & 61 P 400's, 58 F100 custom cab, 69 F100, 79 F150, 82 F600 ramp truck, 90 mustang conv 7 up, 94 Mustang, Should I continue?

No joke, I think they said the Barrett Jackson bidders had access to an open bar.

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People should not be afraid of their government, a government should be afraid of the people.

--Alan Moore