I have been burning up my PVR this week with the 40ish hours of Barrett Jackson and as I am watching what is called “Prime Time” at the auction I have some observations that I would like to talk about.
Thumbs Down - It is no secret that BJ has been setting the bar for the car market for years no, but in a lot of ways they have unintentionally also driven the price of cars up. Not every old car is a one off, low mileage collector car but there are way to many people out there who think that because they saw a Camaro or Mustang go for X amount of dollars that they will get close to that for theirs.
How many of these low mileage cars are really out there ? How do we really know they are low mileage ? We can verify options, models etc with hard facts, but what system to they use to verify mileage ? Where do all these build sheets, window stickers and protector plates come from ? We have all owned these cars and who was thinking 30 years ago to save these things ? How are these things verified to be original or are they just reproductions like so much else that people use to “restore” these cars ?
I have been working on cars for long enough to know that A LOT of these reproduction restoration parts are crap, the fit and finish on most is garbage, are these 6 figure cars built with this crap ? I know there are a lot of authorized parts out there, but there are more nonauthorized then there are authorized. I hear lots of people talk about how they changed the color of the car during the restoration process, why does this not affect the price on some of these cars, if they put a period correct upgrade item on the car it sure as hell knocks the price all to hell. I don’t get it.
Shouldn’t it be against a law or a rule that Craig Jackson can bid on cars ? It’s obvious he is trying to bump the price, it just doesn’t look right. The most annoying thing I find with the whole BJ process is everytime bidding stalls or the price is lower Craig or Steve jump up and start spewing stuff that is in the program. I am pretty sure that anyone who is looking at a particular car knows all about it, I’m sure they aren’t hiding the fact that it was owned by Carroll Shelby, or it was one of a kind etc. I think it is in poor taste and unprofessional to tell the bidders that this is well under the “market” value and they should bid more. It’s not a secret that the numbers are down as far as overall sales this year. I think by them jumping in all the time and almost begging people to pay more for car just because it’s at Barrett Jackson is disturbing and unprofessional, not to mention makes them look very pathetic.
Am I the only one who thinks that Craig Jackson looks like the JOKER when he smiles or grins ?? Steve……..take off the sunglasses, you look like a dork…..
Thumbs Up - Just like other years, I use this 40 hours of coverage to get a constant crash course in the automotive world. I was not even crawling when a lot of these cars were sold new so having the chance to learn is a great honor for me. I enjoy learning what the different models are, options that were offered and what infact makes some of these cars 6 or 7 figure cars. As a shop owner in this industry, it is a huge benefit to be able to constantly be able to learn about the hobby and industry that I love so much.
I find SPEED TV’s coverage as always to be exceptional. The knowledge the crew of commentators have is simply remarkable. Speaking of knowledge…………. Steve Magnante, what is with this guy ??? His knowledge of vehicle RPO codes and VIN numbers is simply bind boggling. There are lots of people who specialize in certain models of cars or even one manufacturer, but the depth of his knowledge is almost scary. I can only imagine that he has a photographic memory or something to be able to retain such detailed information, especially at his age.
I liked the increase of charity auctions this year and I like that this is the first year that BJ stated clearly that they did not collect or charge any fee’s (makes me wonder about previous years) on the charity auctions. Seeing guys like Tony Steward do so much for charity there makes me proud to be a Tony Stewart fan.
Neutral Things - I have really enjoyed seeing A LOT of nice cars going for fair money. There are better deals at BJ then on eBay and in my local classifieds. I also think that some cars went for way more then they are worth.
While it is cool that all the cars are sold at no reserve, I think that a lot of car owners get screwed for reasons outside of their control. It’s a shame to see cars sold for half or a quarter of what it would cost to build them when others go for huge money. I think for a person to build a custom car and take it to BJ is a huge risk. Based on this years auction, the amount of cars undersold is greater then the cars that are sold for fair money.
I get real tired of watching the same old Cudas, Corvette, Camaro’s and Mustangs year after year. I was really thrilled to see the huge increase in Fifties “float” cars like the Chryslers, Dodges, Pontiacs and so many more. I loved the increase in Impala’s and Pontiacs. I am also very glad they didn’t have the onslaught of music “crap” like they did in 07.
Well enough of my rant, still have a hour to go tonight and 4 hours tomorrow so i am sure I will find more to rant about.
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