Barrett Jackson to Auction First 07 Shelby

Old Jan 22, 2006 | 12:09 AM
  #101  
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There was also a black '68 R code fastback that sold for $475,000. What's sad is you could've picked a nice one of those up 5 years ago for under 20k (or there abouts)
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Old Jan 22, 2006 | 02:52 AM
  #102  
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barrett-jackson has over inflated the market.....and made the average joe unable to purchase his/or hers dream car without spending a boatload of money......
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Old Jan 22, 2006 | 02:58 AM
  #103  
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Originally posted by KR3259@January 22, 2006, 1:43 AM
what you see there is fair market value, like it or not. Its not enough for me to want to haul my car down there next year, even though its tempting, we are attached to our shelby and are into it for the long haul...or the last stop before bankruptcy.
I agree its very hard to justify some of those figures tonight, but for the most part the bidders just looked like normal folk..aside for the occasional washed up rock star and museum curator.

in your cars case i will agree..your car is a rare one...big block car...i dont know all the options you have but there are certain cars that fall where your car does.........but most of the cars on there, the prices were just ridiculous...........
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Old Jan 22, 2006 | 08:05 AM
  #104  
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Originally posted by kevinb120@January 21, 2006, 5:37 PM
He who dies with the most toys is nonetheless dead
Somebody's got a case of the Mondays.
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Old Jan 22, 2006 | 09:04 AM
  #105  
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Probably a stupid question, but here goes.....................Does the $600k buy the car or does it just buy the guy the right to buy the car when it comes out?
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Old Jan 22, 2006 | 09:39 AM
  #106  
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I thought it was the car, but later on the announcers said it was the 'right to purchase' it.
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Old Jan 22, 2006 | 09:49 AM
  #107  
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Originally posted by wifewantedaGT@January 22, 2006, 11:07 AM
Probably a stupid question, but here goes.....................Does the $600k buy the car or does it just buy the guy the right to buy the car when it comes out?
The buyer gets the car (not the one at the auction), but one of the first production models... He gets to choose the color and options... He also gets the sunvisor of the car at the auction (signed by Shelby and Ford) installed in his Shelby Mustang GT500... He also gets to watch the car being built at the assembly plant... There were a couple of other things but i can't remember them....
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Old Jan 22, 2006 | 10:04 AM
  #108  
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Originally posted by WERKED 66@January 22, 2006, 3:55 AM
barrett-jackson has over inflated the market.....and made the average joe unable to purchase his/or hers dream car without spending a boatload of money......
So true. Was watching 67 Vettes and 70 Cudas last night sell for over half a million. Would I want to drive it after that? Prb not.....
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Old Jan 22, 2006 | 10:05 AM
  #109  
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Originally posted by BC_Shelby@January 21, 2006, 11:07 PM
As would I.

That said, it's worth what people are willing to pay - not what the sum of the parts actually are. I love the car, but let's face it, when it comes to overall refinement (which is actually important to some people - hard to believe, I know) the Shelby can't touch the new G35 coupe concept, for example, that was shown at NAIAS this month.

That being said, the G35 would NEVER fetch $600K on the auction block, either.

Crazy old world, isn't it?
I think of this when I see a G35

http://www.svtperformance.com/forums...d.php?t=246234
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Old Jan 22, 2006 | 10:23 AM
  #110  
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I can kick the crap out of a G35 with my car so I dont know what your talking about when you say the shelby wont compare.
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Old Jan 22, 2006 | 11:10 AM
  #111  
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I was waiting all day for lot #1259.1 to come around. That rocker dude at 1259 was really playing the crowd with his old Shelby with the 427 ci in it. I think it went for 250K. Well $600,000 plus 8% "buyers fee" plus say 7% sales tax comes out to $690,000. These buyers are not insane or they could never put that kind of money together. There were some good buys where the car was undervalued for what its worth but more were vastly overvalued and the sellers (and the auctioneers) were making out like bandits. Moral of the story if you want to make money sell your car at BJ in Az. Hey Carroll looked good.He sure talked up Ford.
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Old Jan 22, 2006 | 11:28 AM
  #112  
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My SVT Dealer called me and said he thinks Shelbys will go out to ALL Ford dealers and not just SVT dealers the bad news is that each dealer will only get about 2 and they will go to the highest bidders. I got sick of this playing around and went out and bought a 50th Anniversary ZO6 Red Vette with very low miles for $35,000. Its got all I want and will turn a 12.3 sec. 1/4 mi. Plus great gas milage. I love Fords but when a deal comes along you grab it.
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Old Jan 22, 2006 | 11:35 AM
  #113  
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Originally posted by jwenger@January 22, 2006, 1:31 PM
My SVT Dealer called me and said he thinks Shelbys will go out to ALL Ford dealers and not just SVT dealers the bad news is that each dealer will only get about 2 and they will go to the highest bidders. I got sick of this playing around and went out and bought a 50th Anniversary ZO6 Red Vette with very low miles for $35,000. Its got all I want and will turn a 12.3 sec. 1/4 mi. Plus great gas milage. I love Fords but when a deal comes along you grab it.

i dont blame you for jumping on it..good deal..and your happy.....
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Old Jan 22, 2006 | 11:44 AM
  #114  
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Originally posted by BC_Shelby@January 22, 2006, 12:07 AM
As would I.

That said, it's worth what people are willing to pay - not what the sum of the parts actually are. I love the car, but let's face it, when it comes to overall refinement (which is actually important to some people - hard to believe, I know) the Shelby can't touch the new G35 coupe concept, for example, that was shown at NAIAS this month.

That being said, the G35 would NEVER fetch $600K on the auction block, either.

Crazy old world, isn't it?

i spank the poo out of g35`s all the time so i guess you need some more facts........
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Old Jan 22, 2006 | 02:06 PM
  #115  
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Being for charity doubled the price, IMO. Unfortunately, dealers will use the price to rationalize huge mark-ups.

All the other extras like being the first to the public and being able to watch it be built certainly didn't hurt either. Anyone know who bought it?

I'd certainly pay extra to see my car being built. Corvette offers it. I wish Ford would.
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Old Jan 22, 2006 | 05:52 PM
  #116  
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I believe he said in the realm of refinement not in power. I understand what he is saying, and unless the Shelby is vastly improved over the standard Mustang then I can believe it. The new Mustang is a vast improvement over the previous year but still can do a little more refinement. However, that would jack the price up more I am sure so I am happy with where it is now.

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Old Jan 22, 2006 | 05:53 PM
  #117  
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Originally posted by jwenger@January 22, 2006, 1:31 PM
My SVT Dealer called me and said he thinks Shelbys will go out to ALL Ford dealers and not just SVT dealers the bad news is that each dealer will only get about 2 and they will go to the highest bidders. I got sick of this playing around and went out and bought a 50th Anniversary ZO6 Red Vette with very low miles for $35,000. Its got all I want and will turn a 12.3 sec. 1/4 mi. Plus great gas milage. I love Fords but when a deal comes along you grab it.

It will be interesting to see in 2-3 years how hard/expensive it will be to pickup a Shelby. For the next year or so it will be completely insane I suppose. I think up to this year, the key at B-J was to bring a stock, or orignally restored car if you wanted the big bucks. Now clones, replica's, tribute, etc, cars are going for unbelievable (IMO) prices. I don't get it but then again it ain't my $
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Old Jan 22, 2006 | 05:56 PM
  #118  
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Originally posted by jwenger@January 22, 2006, 1:31 PM
My SVT Dealer called me and said he thinks Shelbys will go out to ALL Ford dealers and not just SVT dealers the bad news is that each dealer will only get about 2 and they will go to the highest bidders. I got sick of this playing around and went out and bought a 50th Anniversary ZO6 Red Vette with very low miles for $35,000. Its got all I want and will turn a 12.3 sec. 1/4 mi. Plus great gas milage. I love Fords but when a deal comes along you grab it.
Sounds like you got a great deal!
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Old Jan 22, 2006 | 06:59 PM
  #119  
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Originally posted by kevinb120@January 21, 2006, 5:37 PM
He who dies with the most toys is nonetheless dead
I wonder how much of that $600k is a tax deduction? I wish I needed one! :bang:
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Old Jan 22, 2006 | 07:19 PM
  #120  
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Originally posted by Ugly Ernie@January 22, 2006, 8:02 PM
I wonder how much of that $600k is a tax deduction? I wish I needed one! :bang:
I posted the answer to that question in this thread. To sum it up, the excess above the MSRP can be claimed as a charitable donation (according to the IRS website).
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