Mecum/Barrett Jackson Trends

[Bruzilla]

1968 Dodge Charger RT, 440, numbers matching, sold, $32,000 @ Mecum
1973 Plymouth Duster, 318, auto, stripes, scoops, sold, $9k @ Mecum
1968 Plymouth Barracuda S, convertible, 383/4-spd, no sell, $27k @ Mecum
1967 Dodge Coronet Convertible, 318 auto, sold, $9,750 @ Mecum
1971 Dodge Demon GSS (Grand Spaulding), 340-6, 4-spd, sold, $22,500 @ Mecum
1974 Dodge Challenger, 5.7L Hemi, bid to $20k but no sell @ Mecum
1970 Dodge Charger R/T, 440, bid to $30k but no sell @ Mecum
1967 GTX, 440 4-spd, sold $28,000 at Mecum.
1966 Dodge Coronet 440, 440 4-spd, sold $24,500 @ Mecum
1969 Road Runner, 440 5-sp, sold $34,000 @ Mecum
1969 Road Runner Clone, 383 4-spd, sold $30,000 @ Mecum
1970 Challenger, 340 4-spd, R/T stripes, sold $27,000 @ Mecum
1972 Duster, 340 4-spd, sold $14.5k @ Mecum

 

[paladin06]

I spoke with classic car dealer not to long ago that use to buy from Mecum. He said stopped a few years back because they don't even require a car to running or driveable to go across the block.

1968 Dodge Charger RT, 440, numbers matching, sold, $32,000 @ Mecum

 

[wedge69]

JUst saw a 69 SuperBee that was Nice sell on Mecum for $28000.
383 AT with air ! Looked Real nice and that was a good price for it to boot !
I think Mecum has a real working mans prices unlike Barret Jackson !!

 

[superbird77]

I agree that Mecum seems to be more reasonable in what their auction vehicles go for. BJ seems to be working on providing a higher end type auction experience. I think most people buying cars at auctions like that have larger bank rolls and are paying for the convenience. You always see a few guys buying multiple high end cars on BJ. Regarding what they go for, Its a double edged sword. We all want the cars we own to be worth as much as possible, if we are buying we want them as low as possible.

There are always a few cars that go for way more than what i would consider their current value. I wouldn't be looking at an auction like those to score a great deal either.

 

[moparcanuck]

Is there an online site that broadcasts Mecum Auctions?

 

[shorty64]

Velocity channel right now!

 

[tallhair]

How much did that coronet conv go for?

 

[Bruzilla]

Wow! A fully-restored 1970 Hemi Road Runner, gorgeous documented low mileage car, struggled to get to $100k @ Barrett Jackson!

Fully restored, GG certified, 1967 Plymouth Hemi GTX, 4-spd, sold at just $53,000 @ Barrett Jackson.

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How much did that coronet conv go for?

$9,750

 

[Tempest 455]

Is there an online site that broadcasts Mecum Auctions?

When it's airing:

http://www.ustream.tv/channel/Mecum-Muscle-Cars-and-More-Live-Auction

 

[moparcanuck]

Thanks for the link.

 

[Dennis H]

Is it on now? What network is carrying it. Nevermind, have to watch it on the computer thanks for link.
Found it. Comcast. 183. Esquire.

 

[Budnicks]

Barrett Jackson so far since Tuesday, National Geographic, Fox Business Net., Fox Sports 1 or 2 {we don't get FS2 on Comcast}, Fox's reg. network, they didn't/haven't shown very many MoPar's at all, not many in the auction to begin with, compared to other makes & models, kind of A-Typical now, MoPar owners aren't selling as much it seems, but lots of Camaros, Mustangs & especially Corvettes this BJ it's nearly 1/10 of the listed auction collector cars are Corvettes/Stingrays... Funny it seemed every commercial or interview was when they had a MoPar on the block, but prices were pretty good, trending up compared to thee last 2 years @ Barrett Jackson so far this week, the cars that are auctioned there @ BJ, for the most part, appear to be much better cars & build quality @ Barrett Jackson also, much more money in the room too, to buy them also, compared to the much cheaper cars sold @ Mecum, It's just an observation, I watch them all... Any of the Mecum auctions on Velocity is an older repeat, they no longer have a contract to show them on that network... IMHFO the auction market is flooded with all these cars & auctions now, 12 televised Mecum & 4 Barrett Jackson auctions, then RM & Auctions America, 10 more at-least televised, among others that show/sell lessor quality cars &/or far less money in the crowd in the room &/or on the grounds to buy them, to me it seems the auction scene, is somewhat diluted or is watered down now, same cars going over the block allot, seen many cars that have been sold already, from the past few auctions, bought @ Mecum cleaned up & fixed errors etc. then sold @ Barrett Jackson for more money... BJ seems to be the best place to sell or buy sometimes even, if your car is of better quality &/or you seek a higher quality car... All this is... Just an observation... No facts or stats to verify... my $0.02 cents, the collector car market is doing just fine, if they are of higher quality...

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High quality well thought out type builds & still the trend Pro-Touring & Resto-Mods are bringing good/big money, as popular as the OEM style restorations...

 

[dartforforty]

just saw a white super bird go for $500,000.00 may be a repeat I never watch the show just happened to be flipping channels

 

[snakeyes]

the thing about BJ seems alcohol and hype play a big roll in the auction

 

[BCBOUND]

the thing about BJ seems alcohol and hype play a big roll in the auction

.....been there...done that. My advice is to not start drinking at noon if you attend one of these auctions.

 

[snakeyes]

I was saying ,you watch the people there you are there for the sales these people tend to like to drink and there is always a hyped up crowd at a BJ you don't see much of that at a Mecum or Russo Steel

 

[Hemi Rebel]

the thing abouts seems alcohol and hype play a big roll in the auction

Its been my experience that alcohol and hype have played a role in a lot of bj:icon_super:

 

[Moparsmitty]

the thing about BJ seems alcohol and hype play a big roll in the auction

It's the same way that casinos keep the gamblers on the hook. Ply 'em with cheap (or free) booze and hype the hell out of everything.

 

[snakeyes]

Remember the year that they auction a big GM bus and the guy had girls allover him and he was bidding and was high bidder and then later show it was a no sale, and when they hammer some cars real quick and then drag some on for ever ,how about that race car they hammer real quick and it didn't bring a high price he ended up suing them ,there is a lot you don't hear about

 

[Finallygotmine]

There's a couple of things some of you guys need to keep in mind.
With every market or activity, someone in America is going to take it to the extreme. It's just a fact. I'm sure these cars that are fetching 100k plus are the top end, all expense spared type builds.
Remember back in the day when no one made replacement parts for these old cars? Well it's because of money like this that someone took the chance and started making them again. Have any of you received the classic industries book just for mopars? You can practically build a complete car from scratch if you had to.

Take it for what it is, there is a segment of population in this country that live above the poverty line...way above. They have money to piss away. couple that with celebrities and you are going to have a cartoonish environment. For a lot of people the auction is probably a way to be famous in their circle of friends by getting on TV and spending 200k on an over the top mustang or whatever.
So, now there's a wave of inflated expectations for what a car might be worth, so what. If you were in the market to SELL your car right now, you should be thankful. You might get top dollar. Isn't that a good thing?

I remember back in 87 when I was in MMI in Pheonix, half the class were older Harley riders. They all pissed and moaned about all the Americans who were buying Jap bikes, rice burners, rice rockets or whatever funny name they could come up with. Then came the Harley craze of the 90's and everyone was riding Harleys. Then you heard it...."all these weekend warriors pretending to like Harleys" bitching and moaning about all the regular Joes taking up space at the dealerships. Kinda like the movie Wild Hogs.
It's a case of be careful what you wish for, you might just get it.
Back to BJ, I do have to say that at least they raised a lot of money for charity. The Copo camaro drag car was auctioned off for 700k and all the money went for wounded vets activities. I haven't seen anything like that at a Mecum auction.