Used car prices – Barrett Jackson effect

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Used car prices – Barrett Jackson effect

Reply #15 – February 18, 2008, 10:18:05 AM

Quote from: turbo88;204497

Thats a very nice car. Someone who is looking for a low mile gorgeous 5.0 mustang will pay 11,000 for it. Decent ones sell for 7-8 here all the time.

Didn't sell.....

Used car prices – Barrett Jackson effect

Reply #16 – February 19, 2008, 10:07:49 AM

Hey, no shameless plugs here...I'm looking for overpriced beaters! :)

I agree the Mustang might have been a good deal for someone looking for that car. The Mark VII...just someone showing off their car...didn't sell by the way so maybe you could contact the seller and get it for only $40,000! :D

What about this 71 Torino??

"$4500. great for restoration.65% complete on older restoration.Rolling chasis."

Come on, $4500 for just the body? I know it doesn't look too bad (older restoration???) but without a # matching drivetrain, it's only good for a resto-mod or donor for a desirable 71 Torino. I'm thinking $1500-$2000 would be plenty.. No??

Used car prices – Barrett Jackson effect

Reply #17 – February 19, 2008, 03:20:17 PM

The reason for the high price of Muscle car era cars is simple. Many baby boomers who remember the cars as kids want one to relive their youth. These boomers have lots of disposable income as their kids have left the nest and many are in their late 50s-early 60s. They are all going after a limited number of cars which raises the prices. Muscle car era prices are going to continue to get silly because there are a lot of baby boomers who have a shiznit ton of disposable income. Average joes who want a 70 Torino Cobra for example are screwed. Moral of the story: stick with your 80s T-bird or Cougar. They will be affordable for a long time to come

Used car prices – Barrett Jackson effect

Reply #18 – February 19, 2008, 04:05:03 PM

I understand what drives the muscle car prices......what I was trying to show/find in this thread was the effect these high prices have on people selling plain jane cars of the 60's. (and some very rough examples of them!)

I believe some people will refuse to sell cars like the Dart or Torino listed above since they saw the rare Hi-Po versions of them sell for big $$$ on BJ.

This being said, not only will the average Joe be screwed on Torino Cobras as you said, there are some nice base model cars he'll lose out on too.

I agree, 80's Tbirds and Cougars are affordable...lots of fun for not much money. :)