Re: Alot of mopars at Jan.2024 Mecum!!
[Re: jcc]
#3204673
01/14/24 04:14 PM
01/14/24 04:14 PM
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Joined: Feb 2003
Posts: 10,294 Someplace you aren't
SomeCarGuy
I Live Here
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I Live Here
Joined: Feb 2003
Posts: 10,294
Someplace you aren't
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I watched most of the auction. Lots of cars had to lift reserves, many missed estimates. A slew of the exotics yesterday didn’t sell. The Ferraris were way under estimates and previous sales. This was a huge auction with more impressive stuff than I’ve seen at one place. Felt very much like people have seen the downturn over past year and were unloading before things get worse.
I want my fair share
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Re: Alot of mopars at Jan.2024 Mecum!!
[Re: jcc]
#3204763
01/14/24 07:38 PM
01/14/24 07:38 PM
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Joined: Jan 2006
Posts: 617 boston mass-moving to long isl...
massdaytona
mopar
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mopar
Joined: Jan 2006
Posts: 617
boston mass-moving to long isl...
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I guess we can say the market for Mopar Muscles is not soft yet Carsten Explain. Maybe those who think they see the future are just reducing their exposure is the reason for more mopars on the block? i wish my crystal ball was working....
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Re: Alot of mopars at Jan.2024 Mecum!!
[Re: topside]
#3204797
01/14/24 09:07 PM
01/14/24 09:07 PM
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Joined: Jun 2003
Posts: 21,761 It's a dry heat
gtx6970
Too Many Posts
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Too Many Posts
Joined: Jun 2003
Posts: 21,761
It's a dry heat
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To me, the fact that folks will pay up for excellent cars says the market for the top examples remains strong. Second, bear in mind that a lot of auction cars aren't as nice as they look on TV. Third, there are many reasons to sell, from asset reallocation to moving up-market (or down) to dis-satisfaction. Agreed But when a rebody pulls deep into 6 figures tells me quality Still reigns big. Regardless of its past.
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Re: Alot of mopars at Jan.2024 Mecum!!
[Re: topside]
#3204906
01/15/24 08:46 AM
01/15/24 08:46 AM
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Joined: Dec 2004
Posts: 1,155
McCandlessboy
super stock
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super stock
Joined: Dec 2004
Posts: 1,155
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To me, the fact that folks will pay up for excellent cars says the market for the top examples remains strong. Second, bear in mind that a lot of auction cars aren't as nice as they look on TV. Third, there are many reasons to sell, from asset reallocation to moving up-market (or down) to dis-satisfaction. You can't price the top end of the market. The top 1-2% of any collectible will always be an outlier to the other 98%
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Re: Alot of mopars at Jan.2024 Mecum!!
[Re: topside]
#3204931
01/15/24 12:21 PM
01/15/24 12:21 PM
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Joined: Apr 2007
Posts: 2,936 Calgary, Alberta Canada
a12rag
master
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master
Joined: Apr 2007
Posts: 2,936
Calgary, Alberta Canada
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If these collectors with EXQUISITE collections, have decided to sell off the collection, or a big portion thereof . . . what do they know that we don't ??? Are they getting out while the getting is good ??? Still able to get HIGH $$$$ for the cars . . . . what is coming that they see ?? . . . Also, the buyers of these HIGH $$$ cars - will they ever drive them ?? Or are they destined to be garage/trailer queens ?? . . . I haven't looked at my cars as "investment" (although, staring retirement in the face (soon??), the increased value wouldn't hurt if looking to sell some to aid retirement), have always had more fun driving them !! Especially to far away car shows . . . and even better has been the friendships made over the years . . . just ramblings from my frozen brain . . . .
Mark
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Re: Alot of mopars at Jan.2024 Mecum!!
[Re: a12rag]
#3204934
01/15/24 12:38 PM
01/15/24 12:38 PM
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Joined: Dec 2003
Posts: 23,269 Here
jcc
If you can't dazzle em with diamonds..
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If you can't dazzle em with diamonds..
Joined: Dec 2003
Posts: 23,269
Here
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Your reply IMO is asking the best questions so far as why to this auction had a notable amount of Mopars the OP has stated. And stating the obvious, only time will tell.
" All sorts of things can happen when you are open to new Ideas" Inventor of Kevlar
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Re: Alot of mopars at Jan.2024 Mecum!!
[Re: jcc]
#3204964
01/15/24 02:36 PM
01/15/24 02:36 PM
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Joined: Oct 2006
Posts: 5,626 Germany
fc7_plumcrazy
master
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master
Joined: Oct 2006
Posts: 5,626
Germany
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Your reply IMO is asking the best questions so far as why to this auction had a notable amount of Mopars the OP has stated. And stating the obvious, only time will tell. now I was curious if it is really true. So I searched for Dodge/Plymouth cars buillt between 1966-1974 in the mecum Kissiemee results 2023 and 2024 This year the total amount of auctioned Mopars from the musclecar area was 160 cars. In 2023 at the same auction a 173 cars were auctioned off. So this year had LESS Mopar Muscle cars available than last year. Carsten
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Re: Alot of mopars at Jan.2024 Mecum!!
[Re: fc7_plumcrazy]
#3205003
01/15/24 04:31 PM
01/15/24 04:31 PM
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Joined: Jan 2006
Posts: 617 boston mass-moving to long isl...
massdaytona
mopar
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mopar
Joined: Jan 2006
Posts: 617
boston mass-moving to long isl...
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Your reply IMO is asking the best questions so far as why to this auction had a notable amount of Mopars the OP has stated. And stating the obvious, only time will tell. now I was curious if it is really true. So I searched for Dodge/Plymouth cars buillt between 1966-1974 in the mecum Kissiemee results 2023 and 2024 This year the total amount of auctioned Mopars from the musclecar area was 160 cars. In 2023 at the same auction a 173 cars were auctioned off. So this year had LESS Mopar Muscle cars available than last year. Carsten what about prices????
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Re: Alot of mopars at Jan.2024 Mecum!!
[Re: fc7_plumcrazy]
#3205004
01/15/24 04:31 PM
01/15/24 04:31 PM
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Joined: Dec 2003
Posts: 23,269 Here
jcc
If you can't dazzle em with diamonds..
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If you can't dazzle em with diamonds..
Joined: Dec 2003
Posts: 23,269
Here
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A bigger sample of years would be more informative here, and you are smart to verify the OP's title claims, but "A lot" is rather subjective anyway. Maybe they just got more on air time? And now I or someone has to verify your 2023 claims.
" All sorts of things can happen when you are open to new Ideas" Inventor of Kevlar
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