Didn't this car just sell at Mecum? http://cgi.ebay.com/ebaymotors/Buic...0878361?pt=US_Cars_Trucks&hash=item4cfa8a3e19
It almost ran over my foot at the Mecum auction and when I realized what it was going to sell for wished I had the ability to sell my truck, TV, dog and anything else not bolted down to the floor to get the extra money to buy it. The place selling it now is right down the road from me, which makes me even more angry (jealous).
Is or wasnt this Collectors car that appraised for 1.8 million? And you guys saying sold for 73k????? Yikes.......o No: http://www.buickhorsepower.com/cars/1970-gs-stage-1-factory-exhibition-car/
Yup it's a shame that it went to a flipper. http://www.v8buick.com/showthread.php?t=235858 http://www.v8buick.com/showthread.php?t=235817
i'd like to know how the appraisel company came up with the 1.8 million appraisel? in today's economy?o No:
I have been looking at that car on Johns site sooooo many times, and if I ever had thought the car would sell for so small money it would had been in Denmark now. I would even give the new owner $75k:laugh:
A car is worth what someone is willing to pay,ever hear that before? The car was at several other auctions and went a few bucks higher than that and did'nt sell because of a reserve,then let it fly at Mecum with no reserve. With all the members here as well as the Buick community knowing this car,knowing it is and was going to be for sale,can't say would have should have could of.Don't think for a minute that all the high end collectors,and dealers did'nt know about this car,they scan everywhere looking for additions to their collections .Nobody stepped up to the plate to pay the bucks for it,so what does that tell you? Not 1.8 million thats for sure or investors would have scooped it up .Good luck with the now $299,000 to ! Not knocking the car,sure is awsome,but not 1.8 mil awesome.Time and time again,to many people are to wrapped up in the $$$$$$ of these cars now instead of just for having them. Prices went up way to fast on musclecar/collector cars,and now is sorta going back to reality.Just that some don't want to accept it and try clinging on to the high market values.
flipper..businessman...hustler...its all perspective...if a guy finds something priced low and sells it for a profit (big or small) good for him...
Didn't the recent seller at Mecum get some BS story about the buyers Father used to own a Buick dealership and he would never sell the car. The seller thought it was nice it was going back to the Chicago area where it had originaly came from.
That same car was at the Russo and Steele auction in Phoenix the year the tent blew down...thankfully the buick was spared. I cant be sure but seem to remember it got up to 250K but didn't meet the reserve? The appraisal was from before the economy collapse. Its a special car for sure:dollar:
From the ad; :dollar: :dollar: :dollar: It's nice. But I wouldn't pay more than a billion dollars.:dollar:
Who knows what a collector will pay on a given day for a very rare car. Honestly, I thought 73K was a good buy, but I think 300k is ridiculous. Thats possibly a nice Auburn Roadster.
My guess....unless previously stated. An appraiser would have to agree this car to basically any repair would be done to replace, that's impossible to to. If white dash pad could replaced with an NOS GM dash pad, was only dash pad ever done correctly match the original dash pad. If the company still exited, they could do using an extra "spare pad that's never been dyed before. Maybe. You must have "stated" value" only to actually pay Lloyds Of London for any policy like this...might be only way to get at least $925,000 before it can repaired to owner's pre-approval. If not...unless stolen or this car disappapears "stated value" would double automaticly. If not owner can only receive double value, less any sales tax to owner he actually paid. Been there, used that recently to obtain "stated value" that works at close to $50,000. If you can replace car, up to $50,000 then, you only are covered for, at plus to actually receive amount of sales taxes you have paid, "stated value" will. Cost me $700.00 per year. Brad Conley should be an expert on this.
