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Well I'm going to say it's not looking good for ANY markets, musclecar or stocks/bonds!Looking at the Glendale Mecum so far, I would say it looks like there down? Now you guys know a lot more then me, but some of what I'm keeping an eye on, '78/'79 Lil Red Express for example, this is the 3rd auction in a row that they didn't hit $20K. Isn't this down for a Yenko Camaro:
https://www.mecum.com/lots/AZ0320-42...-yenko-camaro/ Or this Hemi Coronet 500, thought these were in the $70K range: https://www.mecum.com/lots/AZ0320-40...i-coronet-500/ And something MUST be up with this SD TA: https://www.mecum.com/lots/AZ0320-40...am-super-duty/ |
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UPDATE: I asked over at PY. These were supposedly comments made by the seller who was dumping some of his cars in need of work: |
A lot of internet bids are winning the cars at MECUM in Glendale AZ. right now,meaning looks like not as many bidders are there in person today.
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as big as the arena is, it makes it look like very few people there from the TV. Are the cars all in the arena or do they have tents?
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Been watching the auction today. Some cars going below value, many not hitting reserve, and others doing well including the Chevelle LS6 convert. Does anyone know the deal with the GT500 going for 57K?
https://i.ibb.co/JQNpyn6/59-Corvette-GS-200-K.jpg https://i.ibb.co/4NyYB9p/70-L78-62-K.jpg https://i.ibb.co/8DknLkW/70-LS6-Vert-300-K.jpg https://i.ibb.co/6mY0Vdq/Copo-Chevelle-150-K.jpg https://i.ibb.co/qmVcrG5/Shelby-GT500-57-K.jpg |
https://i.postimg.cc/2yGpKxRt/screenshot-7695.png
Highlights Shelby no. 00498 427 C6AE engine 4-speed manual transmission Power steering and brakes Fold down rear seat Restoration work done in 1989 Driven 700 miles since restoration Listed in the Shelby Registry Same family owned for 36 years Prior ownership documents Copy of the vehicle invoice and production order https://www.mecum.com/lots/AZ0320-42...t500-fastback/ |
Pair of Hemi Cuda's both stalling out at 130K. Has the shine begun to tarnish on the Hemi cars perhaps?
https://i.ibb.co/m9xYgjP/Hemi3.jpg https://i.ibb.co/8z3hyDH/Hemi2-130-K.jpg |
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https://www.mecum.com/lots/AZ0320-40...uth-hemi-cuda/ Description says nothing about original drivetrain. https://www.mecum.com/lots/AZ0320-40...uth-hemi-cuda/ Claims original hemi but it's an auto |
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