SWEDEMAN Posted January 21, 2018 Report Share Posted January 21, 2018 BJ GT/SC Vert just st sold for $50k plus buyers premium. Hmmmm. Quote Link to comment Share on other sites More sharing options...
Elgin Black Posted January 22, 2018 Report Share Posted January 22, 2018 2008 SGT/C just sold for $26,000. Quote Link to comment Share on other sites More sharing options...
Elgin Black Posted January 22, 2018 Report Share Posted January 22, 2018 2016 Shelby GT-H sold for $50,000. Quote Link to comment Share on other sites More sharing options...
QuickSilverShelby Posted January 22, 2018 Report Share Posted January 22, 2018 26 minutes ago, slygray1 said: 2016 Shelby GT-H sold for $50,000. $50,000 plus $5,000 commissions and the car had what, 26,000 miles on it? So the buyer spent $55,000 for a 26k mile car. He could have bought one for $5k less with half the miles. That's why auctions love the uninformed. QSS Quote Link to comment Share on other sites More sharing options...
twobjshelbys Posted January 22, 2018 Report Share Posted January 22, 2018 1 minute ago, QuickSilverShelby said: $50,000 plus $5,000 commissions and the car had what, 26,000 miles on it? So the buyer spent $55,000 for a 26k mile car. He could have bought one for $5k less with half the miles. That's why auctions love the uninformed. QSS Yesterday there was a really sweet looking McLaren 720S. Bidding stopped at MSRP for a new one. And it didn't meet reserve. Quote Link to comment Share on other sites More sharing options...
Elgin Black Posted January 22, 2018 Report Share Posted January 22, 2018 33 minutes ago, twobjshelbys said: Yesterday there was a really sweet looking McLaren 720S. Bidding stopped at MSRP for a new one. And it didn't meet reserve. I have noticed some of those cars are going for a ridiculous price Quote Link to comment Share on other sites More sharing options...
Elgin Black Posted January 22, 2018 Report Share Posted January 22, 2018 38 minutes ago, twobjshelbys said: Yesterday there was a really sweet looking McLaren 720S. Bidding stopped at MSRP for a new one. And it didn't meet reserve. 43 minutes ago, QuickSilverShelby said: $50,000 plus $5,000 commissions and the car had what, 26,000 miles on it? So the buyer spent $55,000 for a 26k mile car. He could have bought one for $5k less with half the miles. That's why auctions love the uninformed. QSS BJ makes out big time on the sales. The buyers pay 10% and the sellers pay a, I heard, 6%. Quote Link to comment Share on other sites More sharing options...
twobjshelbys Posted January 22, 2018 Report Share Posted January 22, 2018 (edited) Buyers 10, sellers 8, reserve cars higher. But I have it from a source that the seller's commission is negotiable for key vehicles, especially reserve cars. [This was part of a sales pitch for me to take mine to Vegas.] But look at the venue. It costs A BOATLOAD OF MONEY to rent that facility (it is owned by the city of Scottsdale) and to pay all of the drivers, attendants, auctioneers (yes, they get paid) and all the other people. Sure they make money, but it's not as much as you might think. Edited January 22, 2018 by twobjshelbys Quote Link to comment Share on other sites More sharing options...
QuickSilverShelby Posted January 22, 2018 Report Share Posted January 22, 2018 3 hours ago, twobjshelbys said: Yesterday there was a really sweet looking McLaren 720S. Bidding stopped at MSRP for a new one. And it didn't meet reserve. Pretty big difference between a McLaren 720S and a 2016 GT-H with 26,000 miles on it. You can go to Autotrader.com right now and buy that GT-H for less money with fewer miles. You can't do that with the McLaren. QSS Quote Link to comment Share on other sites More sharing options...
Mongoose Posted January 22, 2018 Report Share Posted January 22, 2018 The buyers that attend these big auctions usually will get excited in the bidding process for their desired item of interest, and thus they will usually end up paying more for their purchase ! As a former buyer and seller of some collecter/muscle cars etc. , I always felt as long as the buyer and seller are happy with the final transaction thats all that really counts in the end! My dear old Dad used to say to me; Son, your car is only worth what someone wants to pay you today for it ! But, he also used to say that I could jump in a barrel of ( S??? ) and come out clean ! L.O.L. The difference between; ( Men and Boys) are the price of their TOYS ! P.S. I'm pretty sure that all of our spouses / girlfriends would agree with this remark ! As I said in the past, this is just my opinion ! Talk at Ya, Later ! " MONGOOSE " Quote Link to comment Share on other sites More sharing options...
David Hawkins Posted January 22, 2018 Report Share Posted January 22, 2018 Good to see Ron Pratt still kicken. I can't believe he gave up his 2017 Ford GT. Quote Link to comment Share on other sites More sharing options...
JeffJ Posted January 22, 2018 Report Share Posted January 22, 2018 9 hours ago, twobjshelbys said: Buyers 10, sellers 8, reserve cars higher. But I have it from a source that the seller's commission is negotiable for key vehicles, especially reserve cars. [This was part of a sales pitch for me to take mine to Vegas.] But look at the venue. It costs A BOATLOAD OF MONEY to rent that facility (it is owned by the city of Scottsdale) and to pay all of the drivers, attendants, auctioneers (yes, they get paid) and all the other people. Sure they make money, but it's not as much as you might think. I spoke to quite a few of the workers there for Barrett. Most do not get paid. All the car attendants and bidder assistants in the crowd are there on their own dime. Most of the drivers are local guys who have been doing it for years and just enjoy being there with the cars and people. BJ itself employs about 60 people full time. There are part time people of course during the events. That is a huge amount of work by few people to arrange the auctions all year long. There are LOTS of volunteers behind the scenes. Had a pretty good behind the scenes tour this year for the Team Shelby group. Quote Link to comment Share on other sites More sharing options...
JeffJ Posted January 22, 2018 Report Share Posted January 22, 2018 11 hours ago, QuickSilverShelby said: $50,000 plus $5,000 commissions and the car had what, 26,000 miles on it? So the buyer spent $55,000 for a 26k mile car. He could have bought one for $5k less with half the miles. That's why auctions love the uninformed. QSS On top of that, this car had lots of rental abuse. Left front wheel was curb rashed bad, sticker on the left fender was missing a part of the stripe and the other was peeling, the carbon sail panel on the left skirt was broken off an missing. So on top of paying way too much, could have got a lower mile better car right down the street at the Hertz lot. Yep, that was an uninformed buyer. I would have been a buyer on this car at around 30-35K. I'll wait for a better one down the road. Quote Link to comment Share on other sites More sharing options...
shel-b001 Posted January 22, 2018 Report Share Posted January 22, 2018 2 hours ago, tesgt350 said: Good to see Ron Pratt still kicken. I can't believe he gave up his 2017 Ford GT. Folk he can get another one tomorrow . Quote Link to comment Share on other sites More sharing options...
Hawkeye O'Saben Posted January 22, 2018 Report Share Posted January 22, 2018 3 hours ago, tesgt350 said: Good to see Ron Pratt still kicken. I can't believe he gave up his 2017 Ford GT. That was one of the few sales I saw, it went for Autism, and got 2.5 million. Like, holy cow. Quote Link to comment Share on other sites More sharing options...
HARALD KELLEY Posted January 22, 2018 Report Share Posted January 22, 2018 1 hour ago, JeffJ said: I spoke to quite a few of the workers there for Barrett. Most do not get paid. All the car attendants and bidder assistants in the crowd are there on their own dime. Most of the drivers are local guys who have been doing it for years and just enjoy being there with the cars and people. BJ itself employs about 60 people full time. There are part time people of course during the events. That is a huge amount of work by few people to arrange the auctions all year long. There are LOTS of volunteers behind the scenes. Had a pretty good behind the scenes tour this year for the Team Shelby group. Correct Jeff. Monterey Car Week with all its auctions are also staffed by many volunteers. Many are repeat volunteers. Quote Link to comment Share on other sites More sharing options...
twobjshelbys Posted January 22, 2018 Report Share Posted January 22, 2018 (edited) 1 hour ago, shelby001 said: Folk he can get another one tomorrow . Um, no he can't! The entire production is sold. That's not to say he didn't get two (I have it from the guy I got mine from that he did get two, and so others may have also). Ron didn't drive his cars though, they sat is a magical warehouse where only a few select invited few got to see them. He sold everything (including all of the memorabilia) two years ago. It was the first Scottsdale auction that started the week-long event instead of Thu-Sun. Edited January 22, 2018 by twobjshelbys Quote Link to comment Share on other sites More sharing options...
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