Mecum today............
Wow all I can say no bargains at all. And cars priced 35-50% more then I would have ever imagined.
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With all the trillions of dollars being created, everything is going to get real expensive....has anyone bought any lumber lately...HOLY SHEEEEEE
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I had no idea a wrong motor car could be worth so much....and gm cars with caution fan stickers....do they add value!?!?!
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i couldn't believe my eyes on those numbers! i was watching the l78 69 chevelles i figured they would end up in the 65-70 range at most i was way off
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For every action there is an opposite reaction. The upside of the Green New Deal, and the end of fossil fuels appears to be a solid spike in collector car prices. |
Lumber has been expensive for at least 6 months due to back to back to back hurricanes as well as a horrible tornado season that ran thru Iowa, Illinois, Indiana, Ohio and the south. Not to mention that a low interest rate and many young families are eager to build their first home .. with rates as low as 2.5% Some construction materials are already on allocation .
But of course this was all Mr. T ‘s fault. (Lol) |
It seems to follow on the heels of a construction BOOM, during a pandemic. I never thought that could happen with so many people "out of work" but it certainly did. WHERE the hell is all the money coming from, if the government needs to keep sending out "relief" checks. Now Biden wants another round totalling over 1 trillion dollars of borrowed money ???
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Stock market at an all time high. Lots of money there.
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I can't imagine a future when all, or most cars on the road are electric...smart cities, Agenda 2030. I need a time machine so I can go back to the fun decades.
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I admit, that most of the prices seem higher and I'm shocked at some.
The '65 Z16 is DOUBLE what either 2 Z16's did at Kissimmee? The GOLD '78 Trans Am and the Yellow '78 Z28 are way up there too I think. BUT Then I look at the 3 Gen II Z28 Camaro's, the '70, '72 and '73. I thought those were bought OK?? The Orange/w TAN '73 looked like a deal at $42,900 with buys prem. The '70 LT1 would have been right at $50K without the prem. What do you guys think, the 70-73 Gen II Z28's that low in value??? |
What goes up must come down.....
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How about the 82,000 mile 1988 Blazer for $39,600?
https://www.mecum.com/lots/PG0121-45...let-k5-blazer/ Someone needs their head examined. 1972 Blazer bought $72,600. https://www.mecum.com/lots/PG0121-45...let-k5-blazer/ |
Everything seemed to be bringing crazy prices. Why so much more than Kissimmee just a few days ago? Road art was even more ridiculous prices. Lots of currently available repop stuff several hundred percent more than ebay or Amazon and original stuff bringing stupid money. My favorite was the Wayne clock face gas pump for $23,600. I don't understand unless collections of this volume bring some type of celebrity status commanding these prices. For this kind of money I'd sell all my stuff in a heartbeat.
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Just for my reference....in terms of this auction, does "matching numbers" mean they are saying original, born-with drivetrain or a re-stamp or anything in between? Seems like many are matching numbers. The 71 LS6 vert 'vette seemed low to me.
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Rich |
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Are the prices being reached not partially funded by the world situation of late and people's realization how short life is = spend $ now and enjoy life w/ family before the whole world spins past the point of no return if not beyond that mark already?:eek2: Matching #'s means exactly that and more details/pics necessary to define. Some guys like restamps and restoration engines or whatever a 'perfect replication' may be but most of us who still prefer Original Engines consider Matching #'s = Restamp parts until proven otherwise. :beers: ~ Pete . |
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Most auctions also do not guarantee the sellers claims of originality and or authenticity. Many provide for a period of time, for example, 24 hours for you to inspect the numbers and paperwork. This is why all of this/inspection/research needs done prior to bidding, that is if you care about authenticity. |
I thought the 71 Camino was ridiculous at 100k+fees. Look under the hood, where's the brake booster? Among other things.
https://www.mecum.com/lots/PG0121-45...-el-camino-ss/ |
Lower Trim Mouldings On A SS? :dunno:
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Aftermarket instrument panel. Home made SS 454...:dunno: Does the vin not indicate 454 in '71 ? |
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He had owned these El Caminos a long time. Remember there was a spread in early to mid 2000's in Musclecar Review magazine. The red 71, the red 69, the black 67, and the 59. Back then I figured the 71 was a made up SS454, lower chrome body side mouldings, no remote driver mirror, dash looks like a repro, etc. etc. By the way, no SS396 El Camino in 66 and 67. All 396 engines were available , but not as a SS in 66 and 67 El Camino.
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These buyers just "WANT" !!!! They don't care, they have the $$ and it is ruining the market for the legit "Muscle" car buyer... VERY WELL SAID PETE |
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