Resto-mods are big sellers, bringing really good $$$
for quality builds
most the cars "aired" on TV, going over the block were
are not
run of the mill, or shad-tree build cars
many/most are professionally restored (
that ain't cheap)
but some are new/novices, 1st-time consigners
some of them do extremely nice work too
some IMO are lipstick on pigs too
(
$20k-$50k+ paint, all new parts or all new NOS parts etc.)
most are #1 & #2 cars, many fully restored
or low mile survivors (
rare or low #'s production)
(
quality builds $70,000 to $100,000+ restos LABOR, plus the value of the cars)
IMO it's still good for the hobby
it's good for the shops/builders consigners
it's good for the parts houses, restoration re-pops etc.
(
some years 'for the buyers', that get storming deals too)
the auction serves its purpose & a need
(
also get rich of it too 10% at 5% each on @ no reserve
to 20% at 10% each @ reserve costs, on almost every car sold
average ever 2 min.s, good gig if you got it)
it has the facilities & (
there was like 3500) cars in 1 location
for people to look, inspect & have available
& if they like, then 'spend their money' willingly
get a drink or some food while you're there
it's more of an event than just an auction
it takes usually 2 to tango,
two people that have the funds or an approved credit value
& want the car/or memorabilia really bad
I enjoy the shows, it's like a rolling car-show/Car ****
lots of cool cars to look at, many you will never see anywhere else
many '
you or I' will never ever be able to afford,
but I love seeing them anyway...
a few good deals
a few great stories
a few great charities too
a few something like 25%-30%+ that go to "
the bid goes on desk"
that don't meat reserves, didn't sell,
a % of them that don't sell at all
IMHFO a
few overpaid too
or maybe rephrase that to,
not what I'd spend for the same thing
no matter how much $$$ I had
everyone has a budget & a price, what they would spend
more power to them,
if you got it
my biggest gripe
other than everything resale red &/or red interiors
is I see the same "high dollar cars"
going from auction to auction, especially at Mecum events
selling over & over again
another gripe
so damn many
70 454SS LS6 Chevelles or clones (2
00+ ?)
& 69 Camaros Z28 or clones (2
00+ ?)
so many Corvettes, (
like 200+ ?) at that 1 event
they are just about to show a cool MoPar & go to commercial
that one triple black 1965 GS Riviera 425 was beautiful too
sold for a record price, unobtainium to me
(I actually prefer BJ better, 99% no reserve)