No Thanks

99%?

"Occupy" Barrett Jackson?


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pprior

It means quit deciding for others what prices "should be" and blaming others when you can't afford something. It means understanding that the MARKET sets the prices and just because you're priced out of that market does not mean it's not "fair" or "right" or any other word you'd like to use to imply that you have a right to another's property at whatever price you see fit.

It means quit deriding others for engaging in capitalism: the people who run those auctions have made huge amounts of money and the comment was clearly angry about that. Go do it yourself if you want to do it better, but quit being angry at others who have more than you. That's not the American way.

jerrybizzle

Or buy one that needs a semi restoration and build it your way for much less. No need to hate on the op for spending his money however he wants.

kingsandman

A GT3 would be a step backward.

ctjstr

you're missing part of the point. Auctions artificially drive up prices. People see a muscle car go for 75k and think theirs is worth that, so they set prices accordingly. The cars don't sell, but it makes it tougher to get a bargain. Watch what happens after a barret auction; you'll see more cars for sale and higher prices. That's not the market setting prices. I don't begrudge barret for doing what they do, but its not the place to buy a car, and, it does affect what other people ASK for their cars. The reference to socialism is silly.

kingsandman

Most of the cars at Barrett Jackson could not be built or restored for what they sell for. There are exceptions, but the ones there that are built to a high standard are not money makers. The truck that I referenced in the beginning could not be replicated for 50 grand. I looked that truck over numerous times and unless I quit working and had a large chunk of the parts donated, there's no way I could have done it for that price. Search the car list, several cars went tuesday and sunday mornings for less than 10 grand. These were not beaters, but decent, clean models. What people ask for their cars is a different story. Just because this truck went for 50k doesn't mean everyone's p.o.s. farm truck is worth that. They may ask it, but no one has to pay it. I go for the experience, that atmosphere and lastly a deal. If I come home empty, so be it, but it's a great winter get away when it's -20 in Western Canada. Set a price in your head and don't go over it. Sometimes you win, most times you don't. Another car I really wanted was a cool Datsun 510 (always wanted one). I set a price of $6500, it went for $7700. I'd pay that right now, but that's hindsight and who know's how high the other guy would have went?

pprior

This is just economic nonsense. Auctions do NOT "artificially" drive up prices, auctions are an efficient means of attracting large numbers of interesting parties. And you are approaching this only from a buyer's standpoint: economics requires the satisfaction of both parties and from a seller's standpoint if your assertion is true (higher average prices) then it benefits the seller, so if you don't like it, then go SELL some cars there.

You don't understand the concept of a market. Does emotion run higher, sure. Does an auction attract people with money who don't want to spend time rummaging around the US looking for a given car, sure. Do auctions get you "in the mood" to spend money, sure. But ultimately it's a buyer with cash and a seller with goods and whatever the market will bear, that's what the price will be. It doesn't get any more "market" than that, my friend.

And the reference to socialism is NOT silly. He said "I have an absolute disdain for these bastards!!!!!!!!!!! They are solely responsible for the outrageous prices commanded for classic cars their greed and control of the market makes me sick . The average person which is 99% of us will never be able own our favorite classic car ..."

Note these points:

1) He "disdains" the "bastards" because of their "greed"
Translation: You make too much money compared with what i think you should.

2) "99%" of us will never be able to afford what (inferred - "those rich guys") can
Translation: class envy and a wish for more "equitable" distribution of goods

Those two simple thoughts are rampant in our culture today and reflected by the 99% idiots and the welfare queens who both believe they are "due" something by those with more than they have.

If the cars are so expensive, then look at it as an OPPORTUNITY rather than complaining about it. Go find some cars, put the time and effort into restoring them and then PROFIT from it. Rather than griping about what other people do and expecting someone else to change their behavior.

2010FX4F150GILROY

LOL had a Datsun 510 white exactly like that, bought it used, used it as a work truck tied a ladder too the roof. Think I paid 700 back in the 70's for it. Drove it until the trans finally gave out and I sold it for 700 with a bad trans and 150k plus miles on the odometer....... Now thats an investment..... Now had a I been thinking I would have been buying up stock in a fruit farm, APPLE......

Nice Sweater

If that's really yours than that is cruel, and unusual punishment towards me. I saw one in person a while ago, though it didn't stand a chance next to the other ride... A Bugatti.

PS: Seriously though, is that yours? Oh, and I still like the GT3. Nothing like a true auto racing vehicle.

PS:PS: Ok, but seriously. Is that yours, because now this isn't even cool...

zitterich246

Did anyone else go right past the pic of the porsche and think sweet Super duty, lol