Ramping it up at Barrett Jackson
Thursday and Friday, Barrett Jackson Scottsdale 2006. It seems that if your not in Scottsdale, your watching the sale on SPEED TV, at home in an armchair, without a doubt your mouth is wide open. A 1973 BMW 2002 glides across the block, selling for a cool $17,280 (including the 8% Barrett Jackson commission) a price that seems twice the normal retail figure. A few minutes later, a 1952 MG TD sells for $19,440, no surprise there. Later in the day, a Chevrolet Corvair sideload pickup sells for $31,320, Corvair fans around the country feel vindicated in there choice of classic cars (or trucks). A Willys Jeep with a Surry top brings an otherworldly $51,300, and, the ultimate Italian beach car, the Fiat Jolly, reaches a new high at $43,200.
Retail, twice retail, wholesale (but not often….) and then three and four times retail. Such are the days in Scottsdale.
It looks to be another record weekend as sale prices continue to be strong.
Dave Kinney
January 25th, 2006 at 7:51 pm
Dave:
I think you should say that you specialize in diminished value appraisals. With a brief description of “What the Hell is diminished value?”
Walt
January 26th, 2006 at 2:29 pm
Thanks Walt.
I don’t specialize in diminished value appraisals, but I do end up doing a lot of them so you point is well taken.
It reminds me of the sign at the repair shop that says “We specialize in all makes, domestic and foreign” It would be easier to say “we specialize in cars” because no cars from sources othe than foreign or domestic have managed to sneek in…..
I post a blog about dininished value soon
Dave Kinney