I heard them say that too. I was thinking where are they getting their info from. Just because none have rolled across their block dosent mean that the price has gone down. I have been trying to find an ok Classic that is not out of my price range, and with out going to Canada or England I have yet to find one.

 

Dunno except that they are in the business and must know something (or not). But they do seem to know a lot.

I don't think you will see ANY mini or MINI there because starting bid is $30K?

I do know some guys must be sick. They buy a Mustang and it sits for 20 years in a garage and they made $4K (then minus the costs for insurance). BUT, an equivalent Camaro went for $23K more than list.

I saw one 1987 Porsche 930 Turbo sell for $32K and they were actually mad at the seller for not having the car detailed before selling it. If he had detailed it he would have made much more!

Interestingly, a 1988 930 Turbo when for much more ... and they had bad things to say about that too because it had an aftermarket exhaust. Their point was that the more ppl modded the car, the WORSE it became!

 

A year or so ago they had a contest on speed where three teams went around buying cars and selling them at the Barrett-Jackson auction. One of the cars was the red Classic Mini from the new Italian Job. They bought it for $5,000 and it sold for $30,000. That is the reason I started watching Barrett-Jackson. I had seen the Mini on a commercial when I was flipping through the channels. The team that sold the Mini would have won but the profit from the Mini was disqualifed be cause of some problem. I think it was some French judge some where, but that is just my POV.

 

Speed Channel will have an hour on, usually Thursday nights, for the rest of the year spanning the whole week.

I started watching it in 2005 and just got hooked because, literally, I was at the dealer, money in hand, to buy one of those muscle cars. But I see now, that daily drivers will never make the big money. Everytime you see a daily driver, they point that out and money is reduced ... sad. Who has the money to just store a car for 50 years?

Although, I did hear that the last year v12 Etype Jags were sold, someone bought 10 and put them into storage for future speculation. I wonder where they are now?

 

OMG .... $2,000,000 for a 1970 Hemi Cuda?????

I knew someone who had one as a daily driver!

 

I cant even stand to let my Hot Wheels stay in the original packaging. Let alone not play with my "Big Hot Wheels" I don't think I could not drive my toy.

 

In 1975 I used to routinely see a Mercedes-Benz 300SL Gullwing coupe parked in a parking lot I passed on the way home. It was somebody's daily driver. After about a year of seeing it, it appeared one day with a For Sale sign: $3,000. Today a 300SL parts car will easily get into six figures, and a nicely restored example can hit $300,000 or more.

 

My own moment of 20/20 hindsight came in 1981. I was offered my choice of two national MOPAR winners, a 1969 Dodge Charger Daytona with a 440 4bbl/auto or a 1970 Plymouth Superbird with a 440 sixpack 4spd. If I recall correctly the Dodge was going for $9,000, the Plymouth for $8,000. Both had won at the national level, both were Petty blue and both were awesome examples that today would have earned high six figures.

 

We'll just wait twenty years until they have to unload them to pay for their nursing home stay.

 

im only 21, so my past experiemce would be early 90's cars... but it would be interesting to see what cars will be popular in 30 years. I would say something with a relative small amount built with some sort of special package. Maybe a clean dodge viper, chrysler 300SRT, a mustang Cobra R, the 93-96 "911", the early to late 90's S class. Maybe a clean LS1, or LT1 Corvette or Camaro. I know for sure when i get a bit more money a E39 540i 6 speed or M5 will be in my garage and bet quite a few other people feel the same way.
Also i see cars being popular that didnt have a huge amount of electronics to go wrong... Then again, in 30 years internal combustion engines will possibly be obsolete and the price of gas would be very high. However i cant see how someone like me could ever forget the cars that were forever burnt in my memory as a kid.

 

At the Barrett-Jackson level, probably none. Ferraris and other exotics were big-time 5+ years ago but their prices dropped like a rock. Muscle cars now because of baby boomerss

Someone wrote an article about exactly what your asking and I wish I knew where it was but basically it said something about modern cars are way to common. Porsches? dime a dozen. However, MINI Cooper Was mentioned as something to consider albeit perfectly stock.

Vipers? Sold 1818 units first year. Thats an enormous number. Compare that to the number of Shelby AC 427 cobras EVER made. I don't know the number I bet its tiny in comparison.

Just a thought.