Barrett Jackson Scottsdale

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Barrett Jackson Scottsdale

ccm911 Offline

Riesentöter PCA Member
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Posts: 1,104
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Joined: Sep 2006

01-21-2009, 06:02 AM

STEVEMCMORN wrote:

YES.

Things are worth what people are prepared to pay. BJ is a no reserve auction .... so if people are paying those prices, that's what they are worth![/quote]

[line]

I completely respect what you are saying, but there is one factor not discussed. If I am to buy a car for $100K, then it would not be unreasonable to expect the transaction to be viewed as an "investment". And while I agree that the worth of an object is based on what the market may bear, my conservative nature dictates that I worry more about what the value would be in five or ten years down the road. Which I think in the case of Muscle Cars, would be significantly less.

And as for car buyers versus art buyers....have you ever seen as many mullets and overall poorly dressed folks like the BJ crowd at an art auction? Big Grin

Christopher Mahalick
1984 911 Targa
2001 BMW 530i
1974 Lotus Europa
1994 Ducati 900SS/SP
197(?)Suzuki GT-750 Street fighter
1965 Suzuki Hillbilly
1983 Suzuki GS-1100ES
2006 Kawasaki Ninja 250

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