2 GT's at Barrett Jackson

[Tungsten]

There are 2 2005 GT's in the Scottsdale Barrett Jackson. One has delivery miles, don't know about the other. Should be interesting to see what they go for. Apparently they are up with no reserve.

Any early predictions on price?

Have we decided on a dinner while we are there? :thumbsup

Don

 

[Gulf GT]

Unfortunately, these types of auctions are the wrong place to sell a new supercar. They traditionally do very poorly, and with no reserve, bad move on the seller's part if it's true. They'll go very cheap.

 

[B O N Y]

There are 2 2005 GT's in the Scottsdale Barrett Jackson. One has delivery miles, don't know about the other. Should be interesting to see what they go for. Apparently they are up with no reserve.

Any early predictions on price?

Have we decided on a dinner while we are there? :thumbsup

Don

$145K hammer
The last post on the dinner thread was from Rich Brooks- The GT GUY, and
he was commenting that Thursday is not a good day. I reverted asking which
night works. Chip has a great restaurant and will offer protected parking
to GT's. So... it is still a work in progress, I am sure it will happen, just need
to nail it down. Doesn't sound like as many folks will come to the auctions as
Sema.

 

[B O N Y]

Today on the radio I heard a dealer's ad, he is from the tiny town of FIREBAUGH in the middle of the cotton-tomato-canalope fields. Commercial said, got a "GT HERITAGE AT WINDOW STICKER, NO DEALER MARK UP".
The GSM does the commercials and he says always 'WESTSIDE FORD, HOME OF NO TIES, NO LIES". I always smile when I hear his commercials, sells a ton of Power Stroked :biggrin :banana :biggrin . There are lots of cars at sticker,
that have never been driven.

 

[isaakgt]

Today on the radio I heard a dealer's ad, he is from the tiny town of FIREBAUGH in the middle of the cotton-tomato-canalope fields. Commercial said, got a "GT HERITAGE AT WINDOW STICKER, NO DEALER MARK UP".
The GSM does the commercials and he says always 'WESTSIDE FORD, HOME OF NO TIES, NO LIES". I always smile when I hear his commercials, sells a ton of Power Stroked :biggrin :banana :biggrin . There are lots of cars at sticker,
that have never been driven.

NO SUITS, NO TIES & NOOOOO LIES. I am going to go see how much Mr. Mike Ratley really wants for his jewel. He told me over two years ago he'd make me a hell of a deal on a GT if he could get one. Bob Silva got another '06 midnight blue w/ stripes and all options.

 

[FlorIdaho Chris]

If dinner gets scheduled for Wednesday night I'll be there! Is there a local Forum member working on setting this up?

 

[Tungsten]

Dinner

Wednesday works for me as well.
Don

 

[50 BMG]

Is there a local Forum member working on setting this up?

Chip Beck?

 

[B O N Y]

If dinner gets scheduled for Wednesday night I'll be there! Is there a local Forum member working on setting this up?

Wednesday would work for me, I left Chip Beck in charge. Most likely we need to get a new thread with a sticky started. Perhaps a poll which night works for everyone. I am flexible for a being a big boy :biggrin

Hello Chip, ... you out there my friend. Every since he got that new Kirkham he has been a ghost... :biggrin :wink :biggrin

 

[THamonGT]

Scottsdale on Wed. Night

My wife and I are going to Scottsdale arriving on Wed. therefore Wed night would work for me for Dinner although I will not be bringing my GT. Would like to meet with other Forum Members. Tomy Hamon & Sue

 

[GTNJ]

There are 2 2005 GT's in the Scottsdale Barrett Jackson. One has delivery miles, don't know about the other. Should be interesting to see what they go for. Apparently they are up with no reserve.

Any early predictions on price?

Don

Check out this link before you make your predictions on price !

Very cool :thumbsup

http://www.barrett-jackson.com/auctionresults/common/collector.asp

 

[GTNJ]

Or if that does not work here it is !
P Lot Year Description Status Price
5001 2005 FORD GT COUPE SOLD 530,000
2006-PBCCA
1253 2005 FORD GT 40 COUPE SOLD 172,800
2006-BJCCA
1314 1967 FORD GT 40 MK V SOLD 396,000
2006-BJCCA
376 2005 FORD GT COUPE SOLD 248,400
2005-PBCCA
983 2005 FORD GT COUPE SOLD 302,400
2005-BJCCA
689 1966 FORD GT 40 SOLD 97,200
2004-BJCCA
658 1966 FORD GT 40 REPLICA COUPE SOLD 64,800
2004-BJCCA
715 1966 FORD GT 40 REPLICA COUPE SOLD 81,000
2004-BJCCA
741 1966 FORD GT 40 "CAV "COUPE SOLD 118,800
2003-BJCCA
687 1967 FORD GT 40 MARK III COUPE SOLD 318,600
2003-BJCCA
698 1967 FORD GT 40 MARK 1 SOLD 347,760
2003-BJCCA
249 1965 FORD GT 40 REPLICA MARK 1 HIGH BID 57,000
2002-PMCCA
686 1966 FORD GT 40 MK 1 COUPE SOLD 405,000
2002-BJCCA
705 1967 FORD GT 40 MARK lll COUPE HIGH BID 310,000
2002-BJCCA
675 1969 FORD GT 40 MARK I SOLD 400,000
2001-BJCCA
139 1969 FORD GT 40 MARK I HIGH BID 0
2000-BJSS
685 1969 FORD GT 40 MARK I SOLD 429,300
2000-BJCCA
466 1966 FORD GT COUPE SOLD 7,560
1997-BJCCA
348 1965 FORD GT 40 MARK V HIGH BID 90,000
1995-WCCAM
972 1967 FORD GT 40 REPRODUCTION
1994-BJCCA
63 1967 FORD GT 40 2-DR COUPE ROAD CAR
1993-BJCCA
777 1967 FORD GT 40 REPRODUCTION
1993-BJCCA
5001 1965 FORD GT 40 SPYDER
1992-BJCCA
5008 1965 FORD GT 40 COUPE
1992-BJCCA
5028 1966 FORD GT 40 # 1057
1992-BJCCA
5016 1965 FORD GT 40 COUPE
1992-BJCCA
994 1988 FORD GT 40 REPLICA SOLD
1991-BJCCA
646 1966 FORD GT 40 CPE HIGH BID
1991-BJCCA
654 1968 FORD GT 40 MKIII SOLD
1990-BJCCA
656 1966 FORD GT 40 MKII HIGH BID
1990-BJCCA
651 1966 FORD GT 40 RACE CPE SOLD
1990-BJCCA

Page: 1
1 to 31 of 31 results

Page: 1
1 to 31 of 31 results

P Lot Year Description Status Price
5001 2005 FORD GT COUPE SOLD 530,000
2006-PBCCA
1253 2005 FORD GT 40 COUPE SOLD 172,800
2006-BJCCA
1314 1967 FORD GT 40 MK V SOLD 396,000
2006-BJCCA
376 2005 FORD GT COUPE SOLD 248,400
2005-PBCCA
983 2005 FORD GT COUPE SOLD 302,400
2005-BJCCA
689 1966 FORD GT 40 SOLD 97,200
2004-BJCCA
658 1966 FORD GT 40 REPLICA COUPE SOLD 64,800
2004-BJCCA
715 1966 FORD GT 40 REPLICA COUPE SOLD 81,000
2004-BJCCA
741 1966 FORD GT 40 "CAV "COUPE SOLD 118,800
2003-BJCCA
687 1967 FORD GT 40 MARK III COUPE SOLD 318,600
2003-BJCCA
698 1967 FORD GT 40 MARK 1 SOLD 347,760
2003-BJCCA
249 1965 FORD GT 40 REPLICA MARK 1 HIGH BID 57,000
2002-PMCCA
686 1966 FORD GT 40 MK 1 COUPE SOLD 405,000
2002-BJCCA
705 1967 FORD GT 40 MARK lll COUPE HIGH BID 310,000
2002-BJCCA
675 1969 FORD GT 40 MARK I SOLD 400,000
2001-BJCCA
139 1969 FORD GT 40 MARK I HIGH BID 0
2000-BJSS
685 1969 FORD GT 40 MARK I SOLD 429,300
2000-BJCCA
466 1966 FORD GT COUPE SOLD 7,560
1997-BJCCA
348 1965 FORD GT 40 MARK V HIGH BID 90,000
1995-WCCAM
972 1967 FORD GT 40 REPRODUCTION
1994-BJCCA
63 1967 FORD GT 40 2-DR COUPE ROAD CAR
1993-BJCCA
777 1967 FORD GT 40 REPRODUCTION
1993-BJCCA
5001 1965 FORD GT 40 SPYDER
1992-BJCCA
5008 1965 FORD GT 40 COUPE
1992-BJCCA
5028 1966 FORD GT 40 # 1057
1992-BJCCA
5016 1965 FORD GT 40 COUPE
1992-BJCCA
994 1988 FORD GT 40 REPLICA SOLD
1991-BJCCA
646 1966 FORD GT 40 CPE HIGH BID
1991-BJCCA
654 1968 FORD GT 40 MKIII SOLD
1990-BJCCA
656 1966 FORD GT 40 MKII HIGH BID
1990-BJCCA
651 1966 FORD GT 40 RACE CPE SOLD
1990-BJCCA

Page: 1
1 to 31 of 31 results

 

[B O N Y]

Or if that does not work here it is !
P Lot Year Description Status Price
5001 2005 FORD GT COUPE SOLD 530,000
2006-PBCCA
1253 2005 FORD GT 40 COUPE SOLD 172,800
2006-BJCCA
1314 1967 FORD GT 40 MK V SOLD 396,000
2006-BJCCA
376 2005 FORD GT COUPE SOLD 248,400
2005-PBCCA
983 2005 FORD GT COUPE SOLD 302,400
2005-BJCCA
689 1966 FORD GT 40 SOLD 97,200
2004-BJCCA
658 1966 FORD GT 40 REPLICA COUPE SOLD 64,800
2004-BJCCA
715 1966 FORD GT 40 REPLICA COUPE SOLD 81,000
2004-BJCCA
741 1966 FORD GT 40 "CAV "COUPE SOLD 118,800
2003-BJCCA
687 1967 FORD GT 40 MARK III COUPE SOLD 318,600
2003-BJCCA
698 1967 FORD GT 40 MARK 1 SOLD 347,760
2003-BJCCA
249 1965 FORD GT 40 REPLICA MARK 1 HIGH BID 57,000
2002-PMCCA
686 1966 FORD GT 40 MK 1 COUPE SOLD 405,000
2002-BJCCA
705 1967 FORD GT 40 MARK lll COUPE HIGH BID 310,000
2002-BJCCA
675 1969 FORD GT 40 MARK I SOLD 400,000
2001-BJCCA
139 1969 FORD GT 40 MARK I HIGH BID 0
2000-BJSS
685 1969 FORD GT 40 MARK I SOLD 429,300
2000-BJCCA
466 1966 FORD GT COUPE SOLD 7,560
1997-BJCCA
348 1965 FORD GT 40 MARK V HIGH BID 90,000
1995-WCCAM
972 1967 FORD GT 40 REPRODUCTION
1994-BJCCA
63 1967 FORD GT 40 2-DR COUPE ROAD CAR
1993-BJCCA
777 1967 FORD GT 40 REPRODUCTION
1993-BJCCA
5001 1965 FORD GT 40 SPYDER
1992-BJCCA
5008 1965 FORD GT 40 COUPE
1992-BJCCA
5028 1966 FORD GT 40 # 1057
1992-BJCCA
5016 1965 FORD GT 40 COUPE
1992-BJCCA
994 1988 FORD GT 40 REPLICA SOLD
1991-BJCCA
646 1966 FORD GT 40 CPE HIGH BID
1991-BJCCA
654 1968 FORD GT 40 MKIII SOLD
1990-BJCCA
656 1966 FORD GT 40 MKII HIGH BID
1990-BJCCA
651 1966 FORD GT 40 RACE CPE SOLD
1990-BJCCA

Page: 1
1 to 31 of 31 results

Page: 1
1 to 31 of 31 results

P Lot Year Description Status Price
5001 2005 FORD GT COUPE SOLD 530,000
2006-PBCCA
1253 2005 FORD GT 40 COUPE SOLD 172,800
2006-BJCCA
1314 1967 FORD GT 40 MK V SOLD 396,000
2006-BJCCA
376 2005 FORD GT COUPE SOLD 248,400
2005-PBCCA
983 2005 FORD GT COUPE SOLD 302,400
2005-BJCCA
689 1966 FORD GT 40 SOLD 97,200
2004-BJCCA
658 1966 FORD GT 40 REPLICA COUPE SOLD 64,800
2004-BJCCA
715 1966 FORD GT 40 REPLICA COUPE SOLD 81,000
2004-BJCCA
741 1966 FORD GT 40 "CAV "COUPE SOLD 118,800
2003-BJCCA
687 1967 FORD GT 40 MARK III COUPE SOLD 318,600
2003-BJCCA
698 1967 FORD GT 40 MARK 1 SOLD 347,760
2003-BJCCA
249 1965 FORD GT 40 REPLICA MARK 1 HIGH BID 57,000
2002-PMCCA
686 1966 FORD GT 40 MK 1 COUPE SOLD 405,000
2002-BJCCA
705 1967 FORD GT 40 MARK lll COUPE HIGH BID 310,000
2002-BJCCA
675 1969 FORD GT 40 MARK I SOLD 400,000
2001-BJCCA
139 1969 FORD GT 40 MARK I HIGH BID 0
2000-BJSS
685 1969 FORD GT 40 MARK I SOLD 429,300
2000-BJCCA
466 1966 FORD GT COUPE SOLD 7,560
1997-BJCCA
348 1965 FORD GT 40 MARK V HIGH BID 90,000
1995-WCCAM
972 1967 FORD GT 40 REPRODUCTION
1994-BJCCA
63 1967 FORD GT 40 2-DR COUPE ROAD CAR
1993-BJCCA
777 1967 FORD GT 40 REPRODUCTION
1993-BJCCA
5001 1965 FORD GT 40 SPYDER
1992-BJCCA
5008 1965 FORD GT 40 COUPE
1992-BJCCA
5028 1966 FORD GT 40 # 1057
1992-BJCCA
5016 1965 FORD GT 40 COUPE
1992-BJCCA
994 1988 FORD GT 40 REPLICA SOLD
1991-BJCCA
646 1966 FORD GT 40 CPE HIGH BID
1991-BJCCA
654 1968 FORD GT 40 MKIII SOLD
1990-BJCCA
656 1966 FORD GT 40 MKII HIGH BID
1990-BJCCA
651 1966 FORD GT 40 RACE CPE SOLD
1990-BJCCA

Page: 1
1 to 31 of 31 results

Don't think the history is relevant, cars guys know the market, now if you get some rich drunk with a hot babe with her hand in his pocket, anything can happen.

 

[Kirby Vieira]

This year the Buyers premium to B-J is 10%. Seller pays B-J 8%.
As I understand this, if a GT hammers down at $160k, the Seller will receive $147k, the Buyer will pay $176k, and B-J will make $29k...which means the Seller did ok, the Buyer overpaid considerably, and for B-J it's a wonderful World.

 

[SYCO GT]

This year the Buyers premium to B-J is 10%. Seller pays B-J 8%.
As I understand this, if a GT hammers down at $160k, the Seller will receive $147k, the Buyer will pay $176k, and B-J will make $29k...which means the Seller did ok, the Buyer overpaid considerably, and for B-J it's a wonderful World.

Wow. I had no idea the commissions are that high. Not a bad way to earn a living, with no flooring costs, and no money tied up in inventory...

 

[B O N Y]

Wow. I had no idea the commissions are that high. Not a bad way to earn a living, with no flooring costs, and no money tied up in inventory...

Not so fast, any idea what it costs to run an auction like B-J? Take a closer look. There is no such thing as a free lunch.

 

[SYCO GT]

I've sold cars a long time ago. I realized that it wasn't much about "cars," and a lot about "sales." I sold on a much much much smaller scale.

Of course, $6MM in commissions on $35MM is a lot more than I made on car sales. But yeah, that would be a lot of work (and expense) to put on an extravaganza like the B-J auctions in order to gross $6MM.

>>>

PALM BEACH, Fla., April 1, 2006 – Continued strong demand pushed sales to over US$35,000,000, during the fourth annual Barrett-Jackson Palm Beach Collector Car Event at the South Florida Expo Center in West Palm Beach, Fla. From Thursday, March 30 through Saturday, April 1, 2006, the finest post-war classics, muscle cars, modern supercars and celebrity vehicles sold at No Reserve. Highlights included a Barrett-Jackson Palm Beach record $1,728,000 for a Franay Bentley Mark VI, $572,400 for the #003 Ford GT and $110,700, for a 2006 Cadillac CTS owned by legendary rock star Sir Paul McCartney and his wife Heather Mills McCartney; all results include bidder’s fees.

 

[B O N Y]

Frankly, Barrett Jackson is a lifestyle show, the prices hamered are not indicative of the general market. Simply put, B-J is a well promoted brand.
4000 to 5000 well healed buyers, each prequalified with a line of credit, vying to buy 1100 cars. They have come to conquer, have told all their buddies to watch them on television and can't come home empty handed. Buyers jump up and down and do victory dances when they set new world records for setting the highest prices.

The buyers don't care if they spent to much, if they had a great weekend. Many of the buyers don't have the time to search out a great buy, or restore a car themselves.

Meanwhile, you have sellers that build auction queens to take to these sales as their primary business. They know exactly how to take a pig's ear and turn it into a prom queen.

Craig Jackson is a genius, he built the company, there is no room in the marketplace for another B-J. There are lots of good auction companies,
Bonhams, Gooding, RM, Russo and Steele, Mecum, Silver, McCormick, but there is only on BARRETT JACKSON.

Imagine that there were 2500 people in the USA that wanted a Ford GT, and they wanted it now, and they had the money, do you think there would be
600 sitting unsold?

Off my soap box :biggrin for now :willy

 

[SYCO GT]

No soap box. This is interesting stuff Bony.

Thanks for the insight. I've never been to one. I hear the hostesses are something else though.

 

[ChipBeck]

I've never been to one.

There is nothing else like Barrett Jackson. Every car guy needs to see it at least once. Bony's right on as it's only partly about the cars. :eek

Chip