Original Corvette and Camaro prices at Barrett-Jackson Auction

**Jaime G.** · January 20, 2019, 07:12 PM

Re: Original Corvette and Camaro prices at Barrett-Jackson Auction

Originally posted by Larry Evoskis (16324)

JMHO>Sorry to see that Barrett-Jackson is quickly becoming a Pro-Mod/Customized Car Auction. The percentage of original cars is decreasing every year. The prices of the original cars seem to me not as good as what I see with Mecum Auctions. eg.>Jerry MacNeish introduced a very nice 67 Camaro Z28 that only brought 68K--Roy Sinor introduced a very nice C3 L88 which only brought 238K. Those two prices are the lowest I can remember on those models. (Of course there where exceptions on other cars) I will be watching more of Mecum Auctions in the future. Comments Please-Thanks-Larry

Larry, I was there for 3 days and the prices for original cars are down overall. I saw the two cars you mentioned above and the prices are probably correct for those cars. You must see the cars in question live to determine if prices are correct. Cant go by what you see or hear on TV.

**Larry E.** · January 20, 2019, 07:51 PM

Re: Original Corvette and Camaro prices at Barrett-Jackson Auction

Originally posted by Jaime Gesundheit (12617)

Larry, I was there for 3 days and the prices for original cars are down overall. I saw the two cars you mentioned above and the prices are probably correct for those cars. You must see the cars in question live to determine if prices are correct. Cant go by what you see or hear on TV.

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Jaime>I don't have to see these cars in question when Jerry MacNeish and Roy Sinor back these cars.

Jaime: Was not that way at Kissimmee with Mecum. Original Cars prices where up. eg.2 L88 for 900K;LS6 Chevelle
convertible to 300K that did not make reserve. The Barrett-Jackson Auction has become pro-mod auction.IMHO Larry

**Jaime G.** · January 20, 2019, 11:27 PM

Re: Original Corvette and Camaro prices at Barrett-Jackson Auction

Originally posted by Larry Evoskis (16324)

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Jaime>I don't have to see these cars in question when Jerry MacNeish and Roy Sinor back these cars.

Jaime: Was not that way at Kissimmee with Mecum. Original Cars prices where up. eg.2 L88 for 900K;LS6 Chevelle
convertible to 300K that did not make reserve. The Barrett-Jackson Auction has become pro-mod auction.IMHO Larry

Larry, you can do whatever you want but both McNeish and Sinor are payed employees of the auction house and are doing their job by building up the product that is being auctioned. As far as the two L88's sold at Kissimmee ,those cars have been around the sales block before and traded for more money than this time around. Besides, was the sale real? only the buyer and seller know for sure. Look for both those cars to reappear in the auction arena in the near future.

**Bill M.** · January 21, 2019, 07:11 AM

Re: Original Corvette and Camaro prices at Barrett-Jackson Auction

Something is wrong if you have to sell your car at auction. way let the government know the value of your item?

**Gene M.** · January 21, 2019, 11:07 AM

Re: Original Corvette and Camaro prices at Barrett-Jackson Auction

I don’t know about most of you guys but these numbers (prices) are out of my league.............

**Steve B.** · January 21, 2019, 12:14 PM

Re: Original Corvette and Camaro prices at Barrett-Jackson Auction

I copied this post that was on another forum, I agree with a lot of this. Bottom line is if you have a great car, they will always be desirable.

This is how I believe it works but I'm not an economic expert...the pendulum tends to swing back and forth.

The good news is there's always a strong interest in these cars in one way shape form or another whether they're mods, original stock or daily drivers.

The millennials like resto-mods... so in order to meet the demand, the amount of vehicles getting modded increases, which means the remaining amount of original stock builds decrease... which theoretically means they should ultimately bounce back up in value based on the market concept of supply and demand.

**David W.** · January 21, 2019, 12:18 PM

Re: Original Corvette and Camaro prices at Barrett-Jackson Auction

The trend may be shifting somewhat to resto/mod/custom cars at some venues hence our NCRS Concours judging category. Remember the consignors are dictating what is auctioned which indicates a generational shift in the hobby.

**Dick W.** · January 21, 2019, 04:16 PM

Re: Original Corvette and Camaro prices at Barrett-Jackson Auction

[QUOTE=Larry Evoskis (16324);845955]\
Jaime>I don't have to see these cars in question when Jerry MacNeish and Roy Sinor back these cars.

Jaime: Was not that way at Kissimmee with Mecum. Original Cars prices where up. eg.2 L88 for 900K;LS6 Chevelle
convertible to 300K that did not make reserve.

If money changed hands on those cars in FL

**Tim G.** · January 21, 2019, 05:32 PM

Re: Original Corvette and Camaro prices at Barrett-Jackson Auction

Of course, resto-mod cars are also expensive to build and you never know exactly how the one you purchased at auction will drive until you've bought it. Hopefully your $200,000 to $300,000 car is not a poorly engineered nightmare. I would also imagine that the resale market on one of those resto-mod cars is likely much less than what was paid at auction. I think i'd rather stay with a nice '67 L79 roadster that will most likely still be in demand in the future.

**Darryl D.** · January 21, 2019, 05:49 PM

Re: Original Corvette and Camaro prices at Barrett-Jackson Auction

Originally posted by Tim Gilmore (16887)

Of course, resto-mod cars are also expensive to build and you never know exactly how the one you purchased at auction will drive until you've bought it. Hopefully your $200,000 to $300,000 car is not a poorly engineered nightmare. I would also imagine that the resale market on one of those resto-mod cars is likely much less than what was paid at auction. I think i'd rather stay with a nice '67 L79 roadster that will most likely still be in demand in the future.

I agree but it seems these CURRENT restomods are retaining their value from what I read on other sites. However, they are like old tome hotrods that fall from favor and value quickly when the next latest craze comes into favor. These "new" restomods are different from what they began as earlier with old bodies on newer modified frames so they would fit. Everybody wants one with a NEW custom frame, suspension and all of the modern whistles and bells. I certainly would not be willing to spend $200+K on a toy and would much rather have my "hotrod" 57 with the 283/270 looking 383 that I have with other hidden upgrades allowing it to drive better then original but to each their own.

**Michael J.** · January 21, 2019, 08:59 PM

Re: Original Corvette and Camaro prices at Barrett-Jackson Auction

It would be good to hear from an expert like Roy on what he sees in these trends. It appears to me, the restomods lose as much, if not more money, than the meticulously restored originals.

**Darryl D.** · January 22, 2019, 12:01 AM

Re: Original Corvette and Camaro prices at Barrett-Jackson Auction

Originally posted by Michael Johnson (49879)

It would be good to hear from an expert like Roy on what he sees in these trends. It appears to me, the restomods lose as much, if not more money, than the meticulously restored originals.

It is normal to WANT to believe this when most here are into and owners of original or restored to original cars. Unfortunately I don't believe this to be the case when comparing what happens at auction. However we easily forget that the auction reports only account for about 10% of sales overall in the hobby so don't worry much about it. Also the high end restomod segment is even smaller in the grand scheme of things.

**Gene M.** · January 22, 2019, 09:30 AM

Re: Original Corvette and Camaro prices at Barrett-Jackson Auction

Ya gotta understand most of those resto mods were made from a body birdcage and a VIN identification. The rest of the car is purchased from Corvette vendors, aftermarket, on line, or catalogs. The loss of quality original whole cars is small in the grand scheme. In fact some restored car are built the same way. There seems to be an endless supply of old C1 and C2 Corvettes. As Dave Kindig pointed out the cost to build a restomod is up there. There is a big difference in quality across the population of restomods that controls price.

**Ara G.** · January 22, 2019, 09:41 AM

Re: Original Corvette and Camaro prices at Barrett-Jackson Auction

Originally posted by Tim Gilmore (16887)

Of course, resto-mod cars are also expensive to build and you never know exactly how the one you purchased at auction will drive until you've bought it. Hopefully your $200,000 to $300,000 car is not a poorly engineered nightmare. I would also imagine that the resale market on one of those resto-mod cars is likely much less than what was paid at auction. I think i'd rather stay with a nice '67 L79 roadster that will most likely still be in demand in the future.

Exactly,
I remember back when putting a TPI Motor into a classic was cool and the "In-thing" to do. A couple of years later they were laughed at regarding the dated technology. The resto mods are build to what appears an outrageously high standard. I know they vary somewhat, but today's cutting technology is already outdated by the time the auction house closes. Newer ideas, trends, taste, etc evolve hourly - but originals IMO are consistent, less prone to large market swings and are true to what they are - originals....I'd love some of each, but if i had to choose I will stick with the original 67's i have. Just my opinion.