Lack of NCRS award cars at BJ

[Ridge K.]

Re: Lack of NCRS award cars at BJ

I guess I missed all the drunks buying cars at the times I was there & watchin on tv I didn't notice Terry M., Rick H. & other big time buyers falling of their chairs or stumbling around the tents. One has to realize that these people paying that kind of money for the cars have more money than we can only dream about or have a buyer with a ton of money. 10,000 to them is like 1000 to the rest of us. If you think about it many people on here will pay 60,000/110,000 for a new Corvette knowing that in a few years it will be worth only a third of that so I say to each his own & will not say anyone is drunk or stupid for buying a Corvette or any other car.
KEN

Excellent point, Ken. The examples you've mentioned are superb examples of very, very sharp businessmen.
I would say however, some purchases truly have the effect that one of the announcers predicted would have in a few cases.
Someone waking up and saying , ..... "I paid WHAT, ......for THAT car.....?"

This was stated during the telecast....

[Kenneth B.]

Re: Lack of NCRS award cars at BJ

Excellent point, Ken. The examples you've mentioned are superb examples of very, very sharp businessmen.
I would say however, some purchases truly have the effect that one of the announcers predicted would have in a few cases.
Someone waking up and saying , ..... "I paid WHAT, ......for THAT car.....?"

This was stated during the telecast....

Thank you for agreeing with me. I was trying to make a point that it really makes no sense that people were ridiculing others for paying what they do but will spend the money it takes to get a 99.9% top flight or buy a new Corvette knowing it when they are sober, & assume that they are upside down from the get go. I have been there more times than I want to admit. I would love to hear from someone to explain the difference from them & us. It's kind of funny because on the CF they make fun of NCRS people for spending stupid money on parts to get 2 more % points. I say to each his own.
KEN

[Clem Z.]

Re: Lack of NCRS award cars at BJ

Thank you for agreeing with me. I was trying to make a point that it really makes no sense that people were ridiculing others for paying what they do but will spend the money it takes to get a 99.9% top flight or buy a new Corvette knowing it when they are sober, & assume that they are upside down from the get go. I have been there more times than I want to admit. I would love to hear from someone to explain the difference from them & us. It's kind of funny because on the CF they make fun of NCRS people for spending stupid money on parts to get 2 more % points. I say to each his own.
KEN

if you want to see who sobered up check ebay the following weeks after B/J.

[Kenneth B.]

Re: Lack of NCRS award cars at BJ

if you want to see who sobered up check ebay the following weeks after B/J.

CLEM
Please read the Wall Street paper link on CF. After 35 years of doing this I have found very few people that can spend 150,000 to 1,000,000 on a toy in our hobby will wake up today & run to ebay to sell it. I don't know of anyone that has bought a old car that the next day didn't think he paid too much. I did when I paid 18,000 for a 67 white/teal 435 conv. with original drive train,interior paint & paper work. Oh by the way the next year I couldnt get 25,000 at Bloomington. Talk about buyers remorse when I had to take it home. My point is that God knows what the cars are worth.
KEN

[Clem Z.]

Re: Lack of NCRS award cars at BJ

CLEM
Please read the Wall Street paper link on CF. After 35 years of doing this I have found very few people that can spend 150,000 to 1,000,000 on a toy in our hobby will wake up today & run to ebay to sell it. I don't know of anyone that has bought a old car that the next day didn't think he paid too much. I did when I paid 18,000 for a 67 white/teal 435 conv. with original drive train,interior paint & paper work. Oh by the way the next year I couldnt get 25,000 at Bloomington. Talk about buyers remorse when I had to take it home. My point is that God knows what the cars are worth.
KEN

ken,i don't think that people that can afford to pay as you say $150,000 to a $1,000,000 for a car have buyer remorse because that is just a rounding off number in their income. i was talking about people who spend between $50,000 and $75,000 and then sober up. i have been to vegas with people who have lost their business at the tables.

[Kenneth B.]

Re: Lack of NCRS award cars at BJ

ken,i don't think that people that can afford to pay as you say $150,000 to a $1,000,000 for a car have buyer remorse because that is just a rounding off number in their income. i was talking about people who spend between $50,000 and $75,000 and then sober up. i have been to vegas with people who have lost their business at the tables.

CLEM
I agree with you. Vegas is another story. The only place I know of that money means nothing to the rich or poor. Both lose there ass & I don't get it. I live in Auburn In where the ACD auction/for sale lot is. I see it every year people buy cars that they have no clue about drunk or sober. I see the same people will also buy a car from a Corvette dealer not knowing anything about Corvettes. I have had too many people bring me cars to look at after the fact. I tell every one to join NCRS,buy books & learn about the Corvette before they buy not after. In buying anything the more you know about what you are buying the better chance you get what you think you paid for. It is not true the best way to learn to play poker it to play for money. LOL
KEN

[Jack H.]

Re: Lack of NCRS award cars at BJ

Hard to say why anyone pays what they do for a car. I'm sure some get caught up in the excitement of the auction and end up spending more than they otherwise would for the car. I certainly have, just not for a car. Couple months back I came close to purchasing a '69 Bloomington survivor that the seller purchased at Mecum for 40+ and ended up selling it 10 months later for 32 and change. Probably should have bought it, but it wasn't exactly what I was looking for. Who knows why he sold. He said he thought he paid too much so maybe it was time to cut losses and buy another car.
One man's folly is another man's fun.

[Kenneth B.]

Re: Lack of NCRS award cars at BJ

Hard to say why anyone pays what they do for a car. I'm sure some get caught up in the excitement of the auction and end up spending more than they otherwise would for the car. I certainly have, just not for a car. Couple months back I came close to purchasing a '69 Bloomington survivor that the seller purchased at Mecum for 40+ and ended up selling it 10 months later for 32 and change. Probably should have bought it, but it wasn't exactly what I was looking for. Who knows why he sold. He said he thought he paid too much so maybe it was time to cut losses and buy another car.
One man's folly is another man's fun.

JACK
WELL SAID!
KEN

[Dick W.]

Re: Lack of NCRS award cars at BJ

I agree! I watched every bit of the Speed TV coverage of the auction and was shocked at the low "hammer prices". I saw too many big blocks sell for way less than what they are worth. There is no way I would send my #1 condition, low mileage, Top Flight '65 coupe with a rare combination of desireable options, to B-J at no reserve.

I saw big money paid for Corvette resto-mods. I suspect they were bought by "the young athletes in the sky boxes" that the commentators spoke about. If that is the case, I doubt that they care about NCRS cars.

In regard to not many NCRS Top Flight, etc. cars, I heard the commentators speak about this often. So, perhaps the poster that did not see any "coveted blue rosettes" just missed 'em. -Clark

BJ will not let them display the ribbons, while on the auction block, unless they have a confirmation document from NCRS.

Question? Do ya suppose that someone has ever either bought or made flight awards? I have seen them on eflea a time or two. Is there a cow in Texas?

[Clem Z.]

Re: Lack of NCRS award cars at BJ

if i have to loose $$$ on a corvette it is going to be a new one that i can drive and take trips with.

[Michael W.]

Re: Lack of NCRS award cars at BJ

if i have to loose $$$ on a corvette it is going to be a new one that i can drive and take trips with.

I think you've got an excellent track record in doing exactly that. Keep up the good work!

[Clem Z.]

Re: Lack of NCRS award cars at BJ

I think you've got an excellent track record in doing exactly that. Keep up the good work!

like i have posted before i have never lost more than $3/4K a year on any new corvette i have owned and some when i sold every year i even made a few $$$. i think it it worth $3/4K a year to drive a new vette. look at the money i save by not having to buy new tires it has cost me less per year to drive a new corvette than it has cost me for a daily driver. 11 new corvettes vs 30 new daily drivers since 1953. why work hard if you can't have fun with your $$$$ ?

[James G.]

Re: Lack of NCRS award cars at BJ

Anyone know why that red 57 fuelie only brought $70,000? Looked nice from what I could see sitting in my living room recliner

I USE TO OWN VIN #288...................

I had interest in watching the results. First time in 15 years I did not attend. I looked up the results today which are:

LOT#1273.1 1957 CHEVROLET CORVETTE CUSTOM RESTOMOD $187,000
1007 1957 CHEVROLET CORVETTE vin#2150 undocumented fuel $73,700
1253.2 1957 CHEVROLET CORVETTE vin#288 our car with story $77,000
1248.1 1957 CHEVROLET CORVETTE vin#3150 blk/silver red FI 2nd Flight $93700
1244 1957 CHEVROLET CORVETTE vin#3252 solid blk, red fresh 270hp $82500
730 1957 CHEVROLET CORVETTE vin#3418 red /red 245hp,3 sp older $57500
972 1957 CHEVROLET CORVETTE vin#1923 red/red 245hp, 3 sp nice $77000

In 1974 I bought old vin #288 from my good friend Ray Kimminau who drag raced the car with a 1968 L-88 engine he bought new from the dealership. It was painted 62 Hondurous Maroon when Ray owned it.

I repainted it solid black, its original color, and installed a new red interior. Originally, the car was a two top, base engine with Powerglide, Wonderbar radio. The car was never damaged and in excellent condition. Ray had installed a 1966 engine 327/350hp that ran strong, and a T-10 Trans with 3:36 posi diff from a 59 Corvettes before I bought it. After my new paint and interior, I installed a 57 #4360 early fuel injection on the car for better drivability. Car was a strong runner and gave over 20mpg on the highway.

I wrecked it in 1977 and was so upset over my stupid accident, I sold the car in damaged condition. I heard it was restored and painted red and sold to someone in the Ventura, CA area in 1978.
Now, 34 years later I discovered the car for sale on the B-J Website back in mid December 2010 and see the car was restored to red beige cove, with "no history" I sent the lead to Ray who now lives in Texas and we both had plans to attend the auction and see the old car. That was not to be as both of us had family commitments that took over our desires.

It appears that the wind has come out of the value of 57 Corvettes except for Pro-Street Mod examples.
__________________

[Ray G.]

Re: Lack of NCRS award cars at BJ

In watching Barrett-Jackson this year, I am a bit surprised that none I have seen auctioned so far have those nice NCRS stickers, ribbons, and certifications this year. What happened?

Hello Michael;
We have attended the Phoenix auctions for the last 15 plus years.
Our general impression is the quality of the cars has decreased.
The number of quality cars has decreased.
The high quality cars/trucks go to reserve auctions.

Just my 2 cents and that is probably what it is worth.
Ray