Did you see that beautiful Olds up for auction last night on Barrett and Jackson..
#1
Did you see that beautiful Olds up for auction last night on Barrett and Jackson..
1955 olds starfire 88 convertible... black and cream .. gorgeous ..sold for about $90,000.... the best car there so far in my opinion.. a little prejudice... i love watching this auction...
#6
#8
1955 convertable
Ever wonder what your car would bring at a Barret Jackson auction? Mine is a1955 convertiable: nice, but nothing like a $90,000 dollar car. Sometimes I think the bidding wars get to be more ego driven than market driven.
I would love to have an idea what a car like mine would bring. But I don't wat to sell it, so I'm not going to find out.
I would love to have an idea what a car like mine would bring. But I don't wat to sell it, so I'm not going to find out.
#9
1955 convert
Hi Tedd, No I did not see any oldsmobiles sell at BJ. I love 55,s They are a cool Olds. My 58 is a nice car and I will never sell it. I woudn't consider selling a 55 convert either If I had one, because you will not be able to replace it unless you have deep pockets. I am an oldsmobile freak and I love them. I have been offered a lot of money for mine. The reason I think is I have it at a lot of shows in so. ca. and no one else shows a 58
and you just don't see many oldsmobiles oldsmobiles ever. I think every body keeps them hidden.
Rocketlover
and you just don't see many oldsmobiles oldsmobiles ever. I think every body keeps them hidden.
Rocketlover
#10
I was there last year and saw the cars. Most of them were average restorations. It might surprise you what that crowd would pay for a 55 ragtop. 58's are quite unique. It isn't like owning a 57 chev. I like stuff that you don't see every day too.
#12
Certainly the prices at auto auctions are driven by passion more than astute business sense. There are always some dealers who have a good idea of whether buying a certain car for resale will provide a profit. But, I think many buyers who simply want a certain car for their own satisfaction will gladly overpay in the heat of the moment.
They may never realize a profit on their purchase, but they got what they wanted. So, I suppose " market value" for classic cars is like the market value for antiques in general, and anything else people "want" more than "need." It's simply what people are willing to pay. Personally, I'll take a
'55 Olds over a Tiffany lampshade any day !
They may never realize a profit on their purchase, but they got what they wanted. So, I suppose " market value" for classic cars is like the market value for antiques in general, and anything else people "want" more than "need." It's simply what people are willing to pay. Personally, I'll take a
'55 Olds over a Tiffany lampshade any day !
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Eddie Hansen
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September 10th, 2010 12:22 PM