In 1978 while working as a Mechanic at a Texaco Station, I had the
opportunity to purchase a 100% original 1970 Chevy Chevelle LS6 Convertable
in excellent, garage-kept condition from the original owner for $5000.
I didn't have the money.
I was just watching the Barret-Jackson Auction.
The hammer just fell on a nearly identical car for $300,000.
In 1979, after I joined the Navy, I sold my 1967 GTO (heavily optioned with
TH400, Hurst Dual-Gate, 400CID HO, A/C, Power everything, etc...) in
excellent condiion for I believe around $2500.
That car I'm told was one of 252 built like it because it had the factory
4-piston Power Disc Brakes up front. I can believe it because it took me
almost 6 months to find a caliper for it in 1978.
I don't know what that car would be worth today, and I know it wouldn't come
near that Chevelle, but it breaks the heart...
-Larry
"Larry" <[email hidden]> wrote in message
news:RGcLd.53616$jn.33693@lakeread06...
> In 1978 while working as a Mechanic at a Texaco Station, I had the
> opportunity to purchase a 100% original 1970 Chevy Chevelle LS6Convertable
with
come
> near that Chevelle, but it breaks the heart...
>
> -Larry
>
"Click.........POW ! " <g>
I know what you mean; if I had a dollar each time I've used hindsight, I'd
be a millionaire.
Quoted text (9 lines)
> in excellent, garage-kept condition from the original owner for $5000. > > I didn't have the money. > > I was just watching the Barret-Jackson Auction. > > The hammer just fell on a nearly identical car for $300,000. > > In 1979, after I joined the Navy, I sold my 1967 GTO (heavily optionedQuoted text (8 lines)
> TH400, Hurst Dual-Gate, 400CID HO, A/C, Power everything, etc...) in > excellent condiion for I believe around $2500. > > That car I'm told was one of 252 built like it because it had the factory > 4-piston Power Disc Brakes up front. I can believe it because it took me > almost 6 months to find a caliper for it in 1978. > > I don't know what that car would be worth today, and I know it wouldn'tLarry wrote:
That does it....I'm holding onto my 2001 Subaru Forester forever! 8)
Quoted text (24 lines)
> In 1978 while working as a Mechanic at a Texaco Station, I had the > opportunity to purchase a 100% original 1970 Chevy Chevelle LS6 Convertable > in excellent, garage-kept condition from the original owner for $5000. > > I didn't have the money. > > I was just watching the Barret-Jackson Auction. > > The hammer just fell on a nearly identical car for $300,000. > > In 1979, after I joined the Navy, I sold my 1967 GTO (heavily optioned with > TH400, Hurst Dual-Gate, 400CID HO, A/C, Power everything, etc...) in > excellent condiion for I believe around $2500. > > That car I'm told was one of 252 built like it because it had the factory > 4-piston Power Disc Brakes up front. I can believe it because it took me > almost 6 months to find a caliper for it in 1978. > > I don't know what that car would be worth today, and I know it wouldn't come > near that Chevelle, but it breaks the heart... > > -Larry > >I'll hold on to my 1969 Cooper 'S' then, in that case!! :)
Bruce
"Larry" <[email hidden]> wrote in message
news:RGcLd.53616$jn.33693@lakeread06...
> In 1978 while working as a Mechanic at a Texaco Station,..................
Speaking of the auction, last year a group from Spokane that are members of
the car club I'm in, got $400,000 for the '38 Lincoln Zephyr. This year a
husband and wife from the same area got $550,800 for the '36 Chrysler
Airflow. Both cars were built by Tim's Hot Rods in Spokane.
"Larry" <[email hidden]> wrote in message
news:RGcLd.53616$jn.33693@lakeread06...
: In 1978 while working as a Mechanic at a Texaco Station, I had the
: opportunity to purchase a 100% original 1970 Chevy Chevelle LS6
Convertable
: in excellent, garage-kept condition from the original owner for $5000.
:
: I didn't have the money.
:
: I was just watching the Barret-Jackson Auction.
:
: The hammer just fell on a nearly identical car for $300,000.
:
: In 1979, after I joined the Navy, I sold my 1967 GTO (heavily optioned
with
: TH400, Hurst Dual-Gate, 400CID HO, A/C, Power everything, etc...) in
: excellent condiion for I believe around $2500.
:
: That car I'm told was one of 252 built like it because it had the factory
: 4-piston Power Disc Brakes up front. I can believe it because it took me
: almost 6 months to find a caliper for it in 1978.
:
: I don't know what that car would be worth today, and I know it wouldn't
come
: near that Chevelle, but it breaks the heart...
:
: -Larry
:
:
>The hammer just fell on a nearly identical car for $300,000.
Yeah I was flipping back to it during commercials and I just couldn't
beleive the prices some cars were getting, especially for cars that
were neither drivable or historically significant.
I can fully understand building a hot-rod, I can't understand paying
top $ to buy somebody elses...
To each his own I guess...
That was nothing.
One car set an all-time auction record. The bidding was between two guys
and it was a true marvel to watch.
The car?
A 1954 Oldsmobile F88 Concept car, in mint condition of course. Designed by
Harley Earl. There was a video in the background showing Earl driving the
car in some sort of street parade in 1954.
It looked a lot like an Olds version of a Corvette. It was pretting
stunning.
The bidding?
100,000
500,000
1 million.
1.5 million.
2 Million !
2.5 Million !!
The place was on fire.
This went on for a good 5 minutes.
And the winning bid:
3 MILLION DOLLARS
The purchaser was the representative of a new musiem being built in
Colorado. Steve Barrett said the 'loser' in the bidding was a long-time
customer that had NEVER lost a bid on a car he really wanted until now.
It came out that there was NO limit to what the winner was willing to bid.
Whatever it took to take that car to Colorado is what they were going to
spend.
Sheesh!
-Larry
"mcewena" <[email hidden]> wrote in message
news:[email hidden]...
Quoted text (11 lines)
> >The hammer just fell on a nearly identical car for $300,000. > > Yeah I was flipping back to it during commercials and I just couldn't > beleive the prices some cars were getting, especially for cars that > were neither drivable or historically significant. > > I can fully understand building a hot-rod, I can't understand paying > top $ to buy somebody elses... > > To each his own I guess... >
"Larry" <[email hidden]> wrote in message
news:0nBLd.53841$jn.39333@lakeread06...
: That was nothing.
:
: One car set an all-time auction record. The bidding was between two guys
: and it was a true marvel to watch.
:
: The car?
:
:
: A 1954 Oldsmobile F88 Concept car, in mint condition of course. Designed
by
: Harley Earl. There was a video in the background showing Earl driving the
: car in some sort of street parade in 1954.
:
: It looked a lot like an Olds version of a Corvette. It was pretting
: stunning.
:
: The bidding?
:
: 100,000
: 500,000
: 1 million.
: 1.5 million.
: 2 Million !
: 2.5 Million !!
:
: The place was on fire.
:
: This went on for a good 5 minutes.
:
: And the winning bid:
:
: 3 MILLION DOLLARS
:
: The purchaser was the representative of a new musiem being built in
: Colorado. Steve Barrett said the 'loser' in the bidding was a long-time
: customer that had NEVER lost a bid on a car he really wanted until now.
:
: It came out that there was NO limit to what the winner was willing to bid.
: Whatever it took to take that car to Colorado is what they were going to
: spend.
Believe the winner bidder will turn out to be John Hendricks, Chairman and
CEO of Discovery Communications.
Yeah,
But I and you have to admit, that was spectacular, but it is sooo much more
depressing to see cars that you almost gave away during the gas crunch
years, sell for over 50 thou now days... Like you said that ss chevelle.
BTW that is exaclty why I have not sold my 1st car, 1966 mustang
convertable...
Larry enlightened us with:
Quoted text (56 lines)
> That was nothing. > > One car set an all-time auction record. The bidding was between two > guys and it was a true marvel to watch. > > The car? > > > A 1954 Oldsmobile F88 Concept car, in mint condition of course. Designed > by Harley Earl. There was a video in the background showing > Earl driving the car in some sort of street parade in 1954. > > It looked a lot like an Olds version of a Corvette. It was pretting > stunning. > > The bidding? > > 100,000 > 500,000 > 1 million. > 1.5 million. > 2 Million ! > 2.5 Million !! > > The place was on fire. > > This went on for a good 5 minutes. > > And the winning bid: > > 3 MILLION DOLLARS > > The purchaser was the representative of a new musiem being built in > Colorado. Steve Barrett said the 'loser' in the bidding was a > long-time customer that had NEVER lost a bid on a car he really > wanted until now. > It came out that there was NO limit to what the winner was willing to > bid. Whatever it took to take that car to Colorado is what they were > going to spend. > > Sheesh! > > -Larry > > "mcewena" <[email hidden]> wrote in message > news:[email hidden]... >>> The hammer just fell on a nearly identical car for $300,000. >> >> Yeah I was flipping back to it during commercials and I just couldn't >> beleive the prices some cars were getting, especially for cars that >> were neither drivable or historically significant. >> >> I can fully understand building a hot-rod, I can't understand paying >> top $ to buy somebody elses... >> >> To each his own I guess...The thing is most of the these types of cars, the proto-types ended up
being destroyed since they couldn't be sold for street driving, so that
is one reason that the price was so high.
I was more stunned at a Volvo military vehicle selling for over 50K.
That was crazy. But this auction showed me something. Money makes you
crazy. I mean how else can you explain some of those bids?
btgoss
You are correct (I think). That wasn't the guy bidding, of course.
I do know for sure it's going to a new Museum in Colorado that isn't even
finished yet.
-Larry
"Bob V" <[email hidden]> wrote in message
news:[email hidden]...
Quoted text (52 lines)
> > "Larry" <[email hidden]> wrote in message > news:0nBLd.53841$jn.39333@lakeread06... > : That was nothing. > : > : One car set an all-time auction record. The bidding was between two > guys > : and it was a true marvel to watch. > : > : The car? > : > : > : A 1954 Oldsmobile F88 Concept car, in mint condition of course. > Designed > by > : Harley Earl. There was a video in the background showing Earl driving > the > : car in some sort of street parade in 1954. > : > : It looked a lot like an Olds version of a Corvette. It was pretting > : stunning. > : > : The bidding? > : > : 100,000 > : 500,000 > : 1 million. > : 1.5 million. > : 2 Million ! > : 2.5 Million !! > : > : The place was on fire. > : > : This went on for a good 5 minutes. > : > : And the winning bid: > : > : 3 MILLION DOLLARS > : > : The purchaser was the representative of a new musiem being built in > : Colorado. Steve Barrett said the 'loser' in the bidding was a long-time > : customer that had NEVER lost a bid on a car he really wanted until now. > : > : It came out that there was NO limit to what the winner was willing to > bid. > : Whatever it took to take that car to Colorado is what they were going to > : spend. > > Believe the winner bidder will turn out to be John Hendricks, Chairman and > CEO of Discovery Communications. > >That 66 Mustang will probably never reach stratosphere prices (there are too
many of them, and you can almost build a NEW one from NOS or replica parts),
but it IS a good, solid investment that will hold over the years if kept up
right.
Someone will _always_ want to buy that car, especially if it's 100% original
and has the Pony interior :)
I don't think there is an easier classic car to restore or maintain than a
64.5-66 Mustang.
Good choice :)
-Larry
"Plowboy2" <stingre.removethis_@yahoo!.removeit> wrote in message
news:SAMLd.113478$Wo.11494@lakeread08...
Quoted text (70 lines)
> Yeah, > > But I and you have to admit, that was spectacular, but it is sooo much > more depressing to see cars that you almost gave away during the gas > crunch years, sell for over 50 thou now days... Like you said that ss > chevelle. BTW that is exaclty why I have not sold my 1st car, 1966 mustang > convertable... > > > > > Larry enlightened us with: >> That was nothing. >> >> One car set an all-time auction record. The bidding was between two >> guys and it was a true marvel to watch. >> >> The car? >> >> >> A 1954 Oldsmobile F88 Concept car, in mint condition of course. Designed >> by Harley Earl. There was a video in the background showing >> Earl driving the car in some sort of street parade in 1954. >> >> It looked a lot like an Olds version of a Corvette. It was pretting >> stunning. >> >> The bidding? >> >> 100,000 >> 500,000 >> 1 million. >> 1.5 million. >> 2 Million ! >> 2.5 Million !! >> >> The place was on fire. >> >> This went on for a good 5 minutes. >> >> And the winning bid: >> >> 3 MILLION DOLLARS >> >> The purchaser was the representative of a new musiem being built in >> Colorado. Steve Barrett said the 'loser' in the bidding was a >> long-time customer that had NEVER lost a bid on a car he really >> wanted until now. >> It came out that there was NO limit to what the winner was willing to >> bid. Whatever it took to take that car to Colorado is what they were >> going to spend. >> >> Sheesh! >> >> -Larry >> >> "mcewena" <[email hidden]> wrote in message >> news:[email hidden]... >>>> The hammer just fell on a nearly identical car for $300,000. >>> >>> Yeah I was flipping back to it during commercials and I just couldn't >>> beleive the prices some cars were getting, especially for cars that >>> were neither drivable or historically significant. >>> >>> I can fully understand building a hot-rod, I can't understand paying >>> top $ to buy somebody elses... >>> >>> To each his own I guess... > >Yeah, like the Boyd stuff.
The man is clearly talented, but it just doesn't do anything for _me_.
-Larry
"btgoss" <[email hidden]> wrote in message
news:9v7Md.60398$[email hidden]...
Quoted text (9 lines)
> The thing is most of the these types of cars, the proto-types ended up > being destroyed since they couldn't be sold for street driving, so that is > one reason that the price was so high. > > I was more stunned at a Volvo military vehicle selling for over 50K. That > was crazy. But this auction showed me something. Money makes you crazy. I > mean how else can you explain some of those bids? > > btgossWell, turns out that might not be the case now. Apparently the original
high bidder has backed out of the deal, and it has gone to the second
highest, a real estate developer from Arizona.
"Larry" <[email hidden]> wrote in message
news:e6PMd.54915$jn.48109@lakeread06...
: You are correct (I think). That wasn't the guy bidding, of course.
:
: I do know for sure it's going to a new Museum in Colorado that isn't even
: finished yet.
:
: -Larry
:
: "Bob V" <[email hidden]> wrote in message
: news:[email hidden]...
: >
: > "Larry" <[email hidden]> wrote in message
: > news:0nBLd.53841$jn.39333@lakeread06...
: > : That was nothing.
: > :
: > : One car set an all-time auction record. The bidding was between two
: > guys
: > : and it was a true marvel to watch.
: > :
: > : The car?
: > :
: > :
: > : A 1954 Oldsmobile F88 Concept car, in mint condition of course.
: > Designed
: > by
: > : Harley Earl. There was a video in the background showing Earl driving
: > the
: > : car in some sort of street parade in 1954.
: > :
: > : It looked a lot like an Olds version of a Corvette. It was pretting
: > : stunning.
: > :
: > : The bidding?
: > :
: > : 100,000
: > : 500,000
: > : 1 million.
: > : 1.5 million.
: > : 2 Million !
: > : 2.5 Million !!
: > :
: > : The place was on fire.
: > :
: > : This went on for a good 5 minutes.
: > :
: > : And the winning bid:
: > :
: > : 3 MILLION DOLLARS
: > :
: > : The purchaser was the representative of a new musiem being built in
: > : Colorado. Steve Barrett said the 'loser' in the bidding was a
long-time
: > : customer that had NEVER lost a bid on a car he really wanted until
now.
: > :
: > : It came out that there was NO limit to what the winner was willing to
: > bid.
: > : Whatever it took to take that car to Colorado is what they were going
to
: > : spend.
: >
: > Believe the winner bidder will turn out to be John Hendricks, Chairman
and
: > CEO of Discovery Communications.
: >
: >
:
:
You're Kidding!!!
As much as that whole thing was talked up including interviews with the
winner?
I guess the runner up is un-defeated after all (he was up to this point).
-Larry
"Bob V" <[email hidden]> wrote in message
news:[email hidden]...
Quoted text (80 lines)
> Well, turns out that might not be the case now. Apparently the original > high bidder has backed out of the deal, and it has gone to the second > highest, a real estate developer from Arizona. > > > "Larry" <[email hidden]> wrote in message > news:e6PMd.54915$jn.48109@lakeread06... > : You are correct (I think). That wasn't the guy bidding, of course. > : > : I do know for sure it's going to a new Museum in Colorado that isn't > even > : finished yet. > : > : -Larry > : > : "Bob V" <[email hidden]> wrote in message > : news:[email hidden]... > : > > : > "Larry" <[email hidden]> wrote in message > : > news:0nBLd.53841$jn.39333@lakeread06... > : > : That was nothing. > : > : > : > : One car set an all-time auction record. The bidding was between two > : > guys > : > : and it was a true marvel to watch. > : > : > : > : The car? > : > : > : > : > : > : A 1954 Oldsmobile F88 Concept car, in mint condition of course. > : > Designed > : > by > : > : Harley Earl. There was a video in the background showing Earl > driving > : > the > : > : car in some sort of street parade in 1954. > : > : > : > : It looked a lot like an Olds version of a Corvette. It was pretting > : > : stunning. > : > : > : > : The bidding? > : > : > : > : 100,000 > : > : 500,000 > : > : 1 million. > : > : 1.5 million. > : > : 2 Million ! > : > : 2.5 Million !! > : > : > : > : The place was on fire. > : > : > : > : This went on for a good 5 minutes. > : > : > : > : And the winning bid: > : > : > : > : 3 MILLION DOLLARS > : > : > : > : The purchaser was the representative of a new musiem being built in > : > : Colorado. Steve Barrett said the 'loser' in the bidding was a > long-time > : > : customer that had NEVER lost a bid on a car he really wanted until > now. > : > : > : > : It came out that there was NO limit to what the winner was willing > to > : > bid. > : > : Whatever it took to take that car to Colorado is what they were > going > to > : > : spend. > : > > : > Believe the winner bidder will turn out to be John Hendricks, Chairman > and > : > CEO of Discovery Communications. > : > > : > > : > : > >Well actually he was the runner-up bidder for the Zephyr last year, so he's
not un-defeated :-)
"Larry" <[email hidden]> wrote in message
news:wFWMd.54947$jn.42827@lakeread06...
: You're Kidding!!!
:
: As much as that whole thing was talked up including interviews with the
: winner?
:
: I guess the runner up is un-defeated after all (he was up to this point).
:
: -Larry
:
: "Bob V" <[email hidden]> wrote in message
: news:[email hidden]...
: > Well, turns out that might not be the case now. Apparently the original
: > high bidder has backed out of the deal, and it has gone to the second
: > highest, a real estate developer from Arizona.
: >
: >
: > "Larry" <[email hidden]> wrote in message
: > news:e6PMd.54915$jn.48109@lakeread06...
: > : You are correct (I think). That wasn't the guy bidding, of course.
: > :
: > : I do know for sure it's going to a new Museum in Colorado that isn't
: > even
: > : finished yet.
: > :
: > : -Larry
: > :
: > : "Bob V" <[email hidden]> wrote in message
: > : news:[email hidden]...
: > : >
: > : > "Larry" <[email hidden]> wrote in message
: > : > news:0nBLd.53841$jn.39333@lakeread06...
: > : > : That was nothing.
: > : > :
: > : > : One car set an all-time auction record. The bidding was between
two
: > : > guys
: > : > : and it was a true marvel to watch.
: > : > :
: > : > : The car?
: > : > :
: > : > :
: > : > : A 1954 Oldsmobile F88 Concept car, in mint condition of course.
: > : > Designed
: > : > by
: > : > : Harley Earl. There was a video in the background showing Earl
: > driving
: > : > the
: > : > : car in some sort of street parade in 1954.
: > : > :
: > : > : It looked a lot like an Olds version of a Corvette. It was
pretting
: > : > : stunning.
: > : > :
: > : > : The bidding?
: > : > :
: > : > : 100,000
: > : > : 500,000
: > : > : 1 million.
: > : > : 1.5 million.
: > : > : 2 Million !
: > : > : 2.5 Million !!
: > : > :
: > : > : The place was on fire.
: > : > :
: > : > : This went on for a good 5 minutes.
: > : > :
: > : > : And the winning bid:
: > : > :
: > : > : 3 MILLION DOLLARS
: > : > :
: > : > : The purchaser was the representative of a new musiem being built
in
: > : > : Colorado. Steve Barrett said the 'loser' in the bidding was a
: > long-time
: > : > : customer that had NEVER lost a bid on a car he really wanted until
: > now.
: > : > :
: > : > : It came out that there was NO limit to what the winner was willing
: > to
: > : > bid.
: > : > : Whatever it took to take that car to Colorado is what they were
: > going
: > to
: > : > : spend.
: > : >
: > : > Believe the winner bidder will turn out to be John Hendricks,
Chairman
: > and
: > : > CEO of Discovery Communications.
: > : >
: > : >
: > :
: > :
: >
: >
:
:


































