Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

Black auto COPO 125 + commish...anyone there see this one ?

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

That's a reasonable price no?

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

I think it was a good buy pricewise but I don't know the car...68 Z for 51 k ???

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

Damn commercial! Did that guy recoup on the Yellow JL8?

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

[ QUOTE ]
Damn commercial! Did that guy recoup on the Yellow JL8?

[/ QUOTE ]

Damn, same here...I wanted to see what the yellow Z went for too.
Did you like how he changed his blazer color with the color of each car he sold https://www.yenko.net/ubbthreads/imag...s/rolleyes.gif

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

That guy is funny. What a stereotype.

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

the ugly green one went for 57K..... https://www.yenko.net/ubbthreads/imag...ns/naughty.gif

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

The yellow car went for high 80's...i think. I was standing right there. Actually, I'm too tired to think!
https://www.yenko.net/ubbthreads/imag...s/confused.gif

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

[ QUOTE ]
Damn commercial! Did that guy recoup on the Yellow JL8?

[/ QUOTE ]

Per the BJ website he lost money. He paid $112,000+ and sold at $93,960-comm. I would say he lost.

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

[ QUOTE ]
Black auto COPO 125 + commish...anyone there see this one ?

[/ QUOTE ]

Yep straight as an arrow...Hey Bob....I posted pics of it, dude!

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

[ QUOTE ]
the ugly green one went for 57K..... https://www.yenko.net/ubbthreads/imag...ns/naughty.gif

[/ QUOTE ]

Ae you talking about the frost green 69 COPO?? 57k??? I could have parked that car in my front lawn with a for sale sign and did better than that... what happened??? https://www.yenko.net/ubbthreads/imag...lins/dunno.gif

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

No Joe I think he's taking a shot at me. https://www.yenko.net/ubbthreads/imag...lins/frown.gif https://www.yenko.net/ubbthreads/imag...mlins/grin.gif

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

hey ya know I love that color..I thought you would have responded with a little more spunk....hands down my favorite color of GM...sealed the deal for me when I figured out the 68 I bought is a green one.....the BJ car looked perfect...does anyone know if it was the real deal and correct...it had that bling when you looked at it....

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

The Frost Green COPO Camaro is due to go off Saturday PM,#1056.
Cmon Darren,where's your Spunk? https://www.yenko.net/ubbthreads/imag...mlins/grin.gif

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

Please I'm beat. Just came in from the garage. I'll be glad when all the old orange paint is off this block. The store is running out of wire wheels. https://www.yenko.net/ubbthreads/imag...mlins/grin.gif

[ QUOTE ]
does anyone know if it was the real deal and correct...it had that bling when you looked at

[/ QUOTE ]

Someone called me while looking at that car Thursday. Said it was nice but lots of repoped items under the hood. That's all I know on that one.

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

All of Resslers cars looked nice...there were just weird ass things wrong with them. The '68 Z (light blue)didn't have deep groove pulleys, the engine wasn't the original...

It didn't stack up to the other 68 Z that was outside in the main arena area..which was a 987 point car

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

Was it me or did his orange Z have the rear stripes laid out wrong? Though they were to short of the rear window. Probably me.

Wonder if he did anything to the Yellow JL8 since he bought it last year? Bet yellow isn't his favorite color this year. https://www.yenko.net/ubbthreads/imag...lins/laugh.gif

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

Actually, all the knowledgeable people from this site said that all three cars had the stripes laid out wrong on the back end...and especially around the spoiler area...ya got me on that? https://www.yenko.net/ubbthreads/imag...s/confused.gif

That's why they're the experts!

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

Guys I personally did not see ANY car that brought what I thought was big money. The Lamar COPO at $185K and the Hemi Cuda at $250K are prices that people like RichP here have said they were going for in the first place. To be honest.......I am quite shocked at SEVERAL of the cars being sold so cheap. Could you imagine some of the car owners pissing down their legs as the car that they brought thinking they were going to get $100K for is stuck in the $50's? https://www.yenko.net/ubbthreads/imag...emlins/eek.gif

Either the bubble is truly bursting or most of these rare cars don't need to be sold at an auction. Outlets like the Internet link people together so most sales are probably worked out privately or through brokers. Another possibility might be that the prices that the brokers are publicly quoting in the first place are A LOT higher than what the cars actually sell for. https://www.yenko.net/ubbthreads/imag...ns/naughty.gif

Another thing. Speed Channel is WAYYYY behind the times with the people that they have commenting on the cars, especially that British goof. They even said it themselves that Barrett-Jackson used to be the place to go and buy a nice rare European car but now it has shifted to mostly American Muscle Cars and Hot Rods. With that said they could not possibility have worse commentators than those guys. https://www.yenko.net/ubbthreads/imag...s/rolleyes.gif

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

[ QUOTE ]
Could you imagine some of the car owners pissing down their legs as the car that they brought thinking they were going to get $100K for is stuck in the $50's?


[/ QUOTE ]

Frank,
I know of a least 3 people that had friends bid on their car, so that they got it back...because they thought the price was too low! Yep, they had to pay to put it in the auction, and yep, they had to pay the comission...but they will be trying elsewhere!

[ QUOTE ]
Another thing. Speed Channel is WAYYYY behind the times with the people that they have commenting on the cars, especially that British goof. They even said it themselves that Barrett-Jackson used to be the place to go and buy a nice rare European car but now it has shifted to mostly American Muscle Cars and Hot Rods. With that said they could not possibility have worse commentators than those guys.

[/ QUOTE ]

They actually broadcast the "broadcast" throughout B-J...you should hear what people there are saying about those turds... https://www.yenko.net/ubbthreads/imag...emlins/eek.gif https://www.yenko.net/ubbthreads/imag...emlins/eek.gif https://www.yenko.net/ubbthreads/imag...emlins/eek.gif

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

Yeah I wish they had some people who knew muscle.

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

Remember these guys are racing commentators contracted to Speed TV and wing this one off deal every year.Unless they change the format to have all muscle cars on one given day (ain't gonna happen,would kill ratings) and rotate in experts you guys will continue to catch them on stuff because your frame of reference is far more intimate.

Yates,while being very knowledgeable,is a pedantic bore at times,Varsha is IMO the best racing color guy ever,and Decadnet won't be in his element till the mega euro cars roll in this weekend.That guy knows more about most racing cars than anyone,because he's raced and won in most of them.

2 CENTZ

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

[ QUOTE ]
Guys I personally did not see ANY car that brought what I thought was big money. The Lamar COPO at $185K and the Hemi Cuda at $250K are prices that people like RichP here have said they were going for in the first place. To be honest.......I am quite shocked at SEVERAL of the cars being sold so cheap. Could you imagine some of the car owners pissing down their legs as the car that they brought thinking they were going to get $100K for is stuck in the $50's? https://www.yenko.net/ubbthreads/imag...emlins/eek.gif

"Either the bubble is truly bursting or most of these rare cars don't need to be sold at an auction".





I agree. I think we are on the front end of a market correction period on the value of these cars. The first indication of the correction in progress was on display last year with the Ed Coneen cars. Neither sold for anywhere close to what folks would have guessed them to go for. At any rate the Z/28 decline was also predictible, as these cars are way too numerous right now to sustain these values. Expect these cars to drop a little more and then stablize in value. JMO, but the economy is coming back, and when other investiment options come up the speculators will dump these cars and the prices will drop accordingly. all you have to do is look at what happened to prices in the early to mid 90's to see this cycle at work, and it will repeat. It always does. Remember, no reserve allows the true market value of a car to be set-without the owner's reserve (to prop up prices) in the event that the market tells the owner what the car is really worth. The richest car collectors and speculators are at the auction and the prices being paid right now tell you where they think the "money" is for the future.

But I could be all wet here... There is still two more days to go... https://www.yenko.net/ubbthreads/imag...emlins/eek.gif https://www.yenko.net/ubbthreads/imag...emlins/eek.gif

Phil

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

In this market - I think right now you could take a wrong drivetrain Z-28, put in a drivetrain out of a late model Corvette, (make sure it has working AC) put 22" wheels on it and I bet the market would nearly bring as much as a restored example. Modified rods are hot. The older enthusist/collector seem to want the looks of the old car but the comfort of a modern car too. With a newer drivetrain you can get both, and the big wheels bring the car up to today's trend.

Phil

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

As usual, you guys got me confused again, many posts were made indicating the JL8 advertising stated "Unrestored". Okay, maybe I'm getting old, blind, better quality with certain vice's, it is too late at night, or morning, however you see it, but after reading the ad three times all I can find is the word "restored". Someone want to un-confuse me please?
Motown https://www.yenko.net/ubbthreads/imag...lins/beers.gif

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

last year the car sold for 120,960 and that didn't include the buyers premium

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

Corvettes seem to be back to bringing bigger numbers and also it looks like the old Thunderbirds are up there too. Not sure what the big attraction is on the T-birds?

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

[ QUOTE ]
As usual, you guys got me confused again, many posts were made indicating the JL8 advertising stated "Unrestored". Okay, maybe I'm getting old, blind, better quality with certain vice's, it is too late at night, or morning, however you see it, but after reading the ad three times all I can find is the word "restored". Someone want to un-confuse me please?
Motown https://www.yenko.net/ubbthreads/imag...lins/beers.gif

[/ QUOTE ]

Motown this should clarify.
Last year the car was advertised by Jim Stubbings as an unrestored JL8 Z-28. The car had been painted black from its original LeMans Blue but the interior and engine compartment remained untouched. After a few guys passed on the car, my father included, it sold to the man who brought it to BJ. The owner swears up and down that the documentation backing up the January JL-8 build is correct and authentic. (not taking anything away from this car!) We have out doubts though. The owner painted the car is original LeMans Blue and strapped on a Cross Ram unit as well. I personally do not think this car is unrestored at all. It also seems as if the engine compartment has been detailed to an extent too. I hope you guys were talking about this car!

-Dan

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

[ QUOTE ]
No Joe I think he's taking a shot at me. https://www.yenko.net/ubbthreads/imag...lins/frown.gif https://www.yenko.net/ubbthreads/imag...mlins/grin.gif

[/ QUOTE ]

oh, in that case... fire away... https://www.yenko.net/ubbthreads/imag...mlins/grin.gif

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

https://www.yenko.net/ubbthreads/imag...mlins/haha.gif

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

Frank & 70 Copo

I also agree the bubble is going to burst any time now. Just read in a Kiplinger type forcast magazine that companies throughout the US have not bought for the most part any large internal infrustructure like computers/cnc machines/tooling unless they HAD TOO over the last 4-5 years because of the sluggish economy. Even the recent Dell commercial made light of this when it showed a workstation with 4-5 monitors and everything duct taped together. These companies know what the buying trend is going to be over the next few years and are advertising their wares.

However in 2005-06 these companies need to and are being forced to upgrade to new equipment because the stuff they are using is just plain worn out or is obsolete. The report said this is a new cycle that happens every so many years and 05-06 is it. The next two years are predicted to be the strongest sales of high end tooling/machining and main frame computers in along time. I don't think it will be like in 97-99 but it will be very strong. I think the stock market is going to come back strong, even lower unemployment and Iraq will start to stabilize after the elections. All of this is going to make the stock market competitive with the returns on collectible cars.

Also, BJ even admitted last night that many of the buyers at the auction were first time car people or people who did well in life who went without a car. These people IMO are not true car people like most of us and will be the first ones to sell their car when the market starts returning more than a single digit return each year...or when the car prices give the slightest indication of going down. They will then go onto their next hobby of the month whim.

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

[ QUOTE ]
Yeah I wish they had some people who knew muscle.

[/ QUOTE ]

These guys are just absloute idiots with some of the comments there are making.

If they dont want to bring in hired experts to comment on musclecars, at least bring in someone funny like John "Tuff Actin-Tinactin" Madden, so we can enjoy his ramblings. At least he would be entertaining... I can hear it now:

Well let me tall ya Ray, I saw that JL8 this morning when I was walking to the hot dog stand, just take a left at the mens room and there it is, well those hotdogs were great I tell ya, did I ever tell you about the time I spilled mustard on my shirt at the Superbowl, speaking of Superbowl, that reminds me of when I was in the bathroom earlier when I went to get a hotdog. Hot dog, that reminds of a JL8 I saw this morning...back to you Ray......

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

I think we are talking apples and oranges...good real Chevy cars are strong...run of the mill,mediocre stuff will still be bought reasonable as always...you can't use B/J as a bellweather IMO...maybe Charley can tell us a little about the COPO Camaro's there....they are usually the best buy in the Supercar arena anyway...but how good/bad were the ones that went across ? I think the Z's sere selling for a decent buck too for the condition and correctness...last year was abnormal with all the goofyness with crossram stuff. https://www.yenko.net/ubbthreads/imag...lins/dunno.gif

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

I didn't pay any attention to the white COPO because I have seen it before. The car was touted as a 400 orig mile car when in fact I think it was just since it was repainted. The white COPO apparently had girls holding signs and really hyping the car when it went across so I guess it worked. I personally would have bought the black COPO first. Maybe the auto trans hurt the black car. I think the Blue RSJL8 Z28 was bought back by the owner.

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

Bob
I disagree and heres why. The lower end musclecars I feel are owned by the true hobbyist who are in it for the love of the cars and are not flipping cars like the griddle chef at Waffle House. These are the people who have been in the hobby for years and will be in the hobby years from now. We all know the regular died in the wool hobbyist has been priced out of the hobby on the rare stuff.

I would make a wager that majority of high end cars are bought by people who are buying them as much for an investment as the love of the car itself. When the prices start fluctuating down they will get out.

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

I for one,Can't wait for the Bubble to Burst.
To many Carpetbaggers,novices,speculators are in this Hobby now,& it needs an Enema.

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

I think you may have it backwards now though...a couple years ago the "flippers" were selling the higher end stuff...today the cars that can be bought more reasonable are being flipped...There were ALWAYS cars that were out of reach for people...I wanted a 53 Skylark bad 15 years ago but they were close to 50 or 60 then if I'm not mistaken...hell they are still way up there...I don't see many Supercars being flipped these days...they sell privately...and people know what they are worth in the marketplace.Whether these cars hold their value or not is up to the people who own them and want them.The whole crossram/JL8 goofyness of last year probably woke people up to those cars and no one is buying stupid on them from what I saw...tri-fives ,t-birds,GOOD Hemi cars etc were pulling big bucks . I would love to have a nice Hemi car again but they are not in my budget !! Rarity and desireability,and quality of restoration coupled with what the guy standing on the stage bidding wants is what brings the money out there.

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

[ QUOTE ]
[ QUOTE ]
Yeah I wish they had some people who knew muscle.

[/ QUOTE ]

These guys are just absloute idiots with some of the comments there are making.

If they dont want to bring in hired experts to comment on musclecars, at least bring in someone funny like John "Tuff Actin-Tinactin" Madden, so we can enjoy his ramblings. At least he would be entertaining... I can hear it now:

Well let me tall ya Ray, I saw that JL8 this morning when I was walking to the hot dog stand, just take a left at the mens room and there it is, well those hotdogs were great I tell ya, did I ever tell you about the time I spilled mustard on my shirt at the Superbowl, speaking of Superbowl, that reminds me of when I was in the bathroom earlier when I went to get a hotdog. Hot dog, that reminds of a JL8 I saw this morning...back to you Ray......

[/ QUOTE ]

heck, even the info posted on the screen as the auctions ran...
Did you notice the red RS/SS 396 listed as 396 4speed and under that ...stated optional heavy duty hydromatic http://www.firstgenerationmontecarlo...mlins/nutz.gif

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

I have been hearing for the last 3-4 years that the market is going to drop. Sort of like predicting the long range weather, keep saying the same thing long enough and sooner or later you will be right. https://www.yenko.net/ubbthreads/imag...ns/naughty.gif

IMO, overall the musclecar hobby will continue to flourish. Yes, some of the crazy stuff may falter, but the quality, hi-performance cars will continue to appreciate. Maybe not at the rate they have the past few years, but will continue to draw attention, thus $$$.

I say this because of the interest in the cars, especially supercars right now. I visit with media folks, vendors, show promoters and collectors on a dailey basis and can honestly say the interest in rare musclecars is increasing, not decreasing. Just look at what is happening in the magazines, with almost ever automotive magazine featuring an older musclecar or two each month. Major shows are catering to the older musclecars more and more. The collectable market, which is driven by the interest in the cars and the folks who built/designed them, is becoming big business. Just look at the sYc and the SCR, where growth the last couple of years has been overwhelming, with new folks jumping on board dailey.

Yes, as the stock market recovers, we will see some folks move on to other investments/trends, but in large part the baby boomers will continue to relive, through musclecars, a more simply, and enjoyable part of their past.


At least I will. https://www.yenko.net/ubbthreads/imag...iggthumpup.gif

Re: 69 Z28 RS JL8 Crossram car listed at BJ auctio
 

I think the Hugger Orange Z28 crossram car was the fake crossram just like the yellow LJ8 from last year. That car brought $79K which is unreal if it was the fake crossram. Did anybody there at BJ get to look at the Orange crossram Z28 to see if it was a real GM manifold? The trend I see right now is that the cars that jumped up over $100K last year have stagnated but the middle level cars are filling in more into the $40-80K range. It just seems like there wasn't a lot of Chevrolet cars with good strong paperwork and that seems to be where the real buyers are interested.