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Rick
Jan 24th, 2005, 06:41 PM
Alright, who's going to Barret Jackson? I can't believe it's already this weekend already.

Mike Phillips
Jan 24th, 2005, 08:23 PM
I'm not going, I have a clinic for the SoCal7 Club this weekend.

I had a lot of fun there last year as I was asked to buff out three cars right next to the auction stage and I made a lot of friends in the process.

Mike

Jose Torres
Jan 25th, 2005, 06:45 PM
I'll be there. The show in Scottsdale is definitely a one of a kind show. With the exception all of the rain, last year was a great show. Drop by the booth to say hello. I'm flying in on Thursday morning, and then back to the office on Monday afternoon. Then on Wednesday I'm off to a show in Indianapolis, IN.

Rick
Jan 25th, 2005, 08:26 PM
Awsome, I'll stop by and say hi. I think I might only be able to make it out saturday this yea, but yeah it's deffinitely one of a kind show. And I totally have to agree with you on all the rain last year. All those nice cars rained on and driven through the mud. We had two cars that went through last year. One with absolutely horrible sand it repaint it paint, the other with decent paint. But I was up there with my final detail spraying the rain spots off of the cars. It was funny, there were all these cars that were much nicer than ours there going through where they did nothing to clean them up before they went through, and our ehh cars were clean.

We're running a 73 Mach 1 through for my dad's cousin this year. Nothing too spectacular though. We're hoping to have something good for next years auction though.

And unfortunately looking at the current weekend forecast they're showing a decent chance of rain most of the days the auction is going on. :( Still the rain last year didn't deter a record crowd.

HotRodGuy
Jan 26th, 2005, 01:30 PM
Let me know what Boyds "whatthehey" goes for


I love that car

HotRodGuy
Jan 30th, 2005, 08:30 AM
Originally posted by HotRodGuy
Let me know what Boyds "whatthehey" goes for


I love that car

505K :eek:

RamAirV1
Jan 30th, 2005, 09:36 AM
Originally posted by Jose Torres
I'll be there. The show in Scottsdale is definitely a one of a kind show. With the exception all of the rain, last year was a great show. Drop by the booth to say hello. I'm flying in on Thursday morning, and then back to the office on Monday afternoon. Then on Wednesday I'm off to a show in Indianapolis, IN.

What show are you going to in Indianapolis?

RamAirV1

Rick
Jan 30th, 2005, 04:29 PM
Well, I finally made it out Saturday. It started out being fairly mild, though nothing like the 75 degree weather we have been having up until this point recently. There were tons of nice and rare cars on sale, but a similar scene to years past.

I dropped by the Meguiar's booth and said hi to Jose Torres, who was very cool. I caught them right when it started raining horrifically out, so there wern't too many people around.

This car was deffinitely the star of the show.

http://archive.meguiarsonline.com/gallery/data/500/193Olds1.JPG

http://archive.meguiarsonline.com/gallery/data/500/193Olds2.JPG

http://archive.meguiarsonline.com/gallery/data/500/193Olds3.JPG

This is the only existing example of the 1954 Oldsmobile F-88 concept car. In reality this car should have been destroyed. They built these to run show circuits then scrapped them. It also has all these documents and schematics with it, they had a sheet on display as the final destruction order for the car even. It was also designed by Harley Earl. And the bidding on this was fierce too, the guy who bought it I think was prepared to pay anything it took to buy this car. Ohh yeah, the final price was $3,000,000... which means Barret Jackson takes about a $48,000 commission.

And another picture for everyone:

http://archive.meguiarsonline.com/gallery/data/500/193Hemi_Cuda.JPG

This is Hemi Cuda #2 ever built. It was a press car basically, which was built before the assembly line was built so it's a hand built real Hemi Cuda!

Anyways, I deffinitely had fun watching everything. I just wish we could get a Barret Jackson auction one of these years where it doesn't rain.

Mike Phillips
Jan 30th, 2005, 07:56 PM
Hi Rick,

Thanks for posting these pictures. This is my favorite car in the entire world. The first time I saw it was in Gordon Apker's collection in Federal Way Washington, Gordon told me the entire story behind the car and how he tracked it down and then persisted for years to purchase it.

http://archive.meguiarsonline.com/gallery/data/500/193Olds1.JPG

Gordon told me one of the reason's it was decided to destroy these cars and not build them was because they would compete directly against the Corvette. The first Corvettes had in-line 6 cylinder engine, (The Blue Flame), and this car had the Oldsmobile Rocket V8 engine, (350 cubic inches or around there).

I'm actually surprised he sold it. He also had the other prototype grill and front bumper for it hanging on a wall. Somewhere I have a ton of pictures of it as well as the rest of his collection.

Wow... amazing... I don't know what to say... :( :( :(

Mike

Rockpick
Jan 30th, 2005, 08:06 PM
Holy cow that's a sweet car!

Here's a link (http://www.barrett-jackson.com/auctionresults/common/cardetail.asp?id=178112) to a few more pictures from barrett-jackson.com.

Hard to believe that it'd went for 3.24 MILLION!! Now, I just have to figure out how I'm going to have it shipped here to my house. LOL!

RP :D

Rick
Jan 30th, 2005, 08:43 PM
I agree Mike. I knew about the car, I had seen it on TV I think before and just thought wow how cool. Then when I was flipping through the Barret Jackson catalog about a week before the auction I couldn't believe what I saw. They had a display with the car with some of the original drawings, and even the order to destroy the car.

They did a quick interview with the buyer, he mentioned something about having an automotive museum in Colorado.

Rockpick, the sell prices on Jackson's web site include their 8% commission. So the bid was actually 3 million.

Lt1Corvette
Jan 30th, 2005, 08:57 PM
Does Jackson take an 8% cut from just the buyer? Or do the sellers have to pay to list too?

Larry A
Jan 31st, 2005, 02:37 PM
Who details those cars, and more important what products were used, Meguiars I hope.

RamAirV1
Jan 31st, 2005, 04:02 PM
That car looks like it was polished with #7 and was waxed with #26.

RamAirV1

Rick
Jan 31st, 2005, 04:06 PM
Actually they take 8% on both sides. The buyer pays 8% and the seller pays 8%. The sell price is listed with only the buyers 8% added though. So I messed up my decimals, Barret Jackson would be taking $480,000 comission on this sale. $240,000 from the buyer, $240,000 from the seller. Doesn't that just make you sick.

RamAirV1
Jan 31st, 2005, 04:15 PM
Is that the highest commission a car salesman has ever made?

RamAirV1

Rick
Jan 31st, 2005, 04:18 PM
I would hope so. No wounder Craig Jackson was up on the podium with the biggest smile on his face.

HotRodGuy
Feb 2nd, 2005, 06:31 PM
the best was he was only expecting 700-800K for it, bet he's glad he put it up

Mike Phillips
Feb 2nd, 2005, 06:57 PM
Originally posted by Larry A
Who details those cars, and more important what products were used, Meguiar's I hope.

The owner, (previous), owns his own car collection and all they use for the restoration and maintenance is Meguiar's.

Mike

Teak
Feb 3rd, 2005, 02:48 PM
I was looking at the website and looks like some really cool rides rolled through the auction block. Now if I could only win the lotto. I remeber reading that Richard Berry bought all the Callaway Corvettes last year. Four cars in total, in less than 10 minutes for about 3/4 million dollars.

I am content at looking at the pictures of auction on-line, because if I went I could twitch and be out of huge sum.

Eric

Teak
Feb 13th, 2005, 12:39 AM
I found the video from Speed Channel of the auction for the F-88. The car was purchased for the Colorado Gateway Auto Museum, which is opening in the fall of 2005. The cars for the museum are coming from the Hendricks car collection. John S. Hendricks founded the Discovery Channel in 1982.

Sidebar: There a lot of stealth wealth in Colorado, I need to move there and form a detailing company. Can you say niche market.

Eric

Rick
Feb 13th, 2005, 09:40 PM
They did a story in our paper about the purchase of the F88, apparently the car is getting it's own room in the museum, and rightfully so.