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  1. #1

    Barrett jackson Predictions

    I love to poke the bees nest as much as you guys hate it being poked with respect to value threads. Lol.

    That being said, what do u think about the ACR/TA that will cross the block? 1/4 mill car yet? Lol

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    Quote Originally Posted by Policy Limits View Post
    I love to poke the bees nest as much as you guys hate it being poked with respect to value threads. Lol.

    That being said, what do u think about the ACR/TA that will cross the block? 1/4 mill car yet? Lol
    What it has going for it is there's not really any other auctions going on right now and the docket is VERY small. Lots of anxious, bored rich guys out there typing on their keyboards right now. hehe.
    The format is different though, it's not going to "cross the block", you can bid anytime until it ends next Saturday- https://barrett-jackson.proxibid.com...p?lid=53861604
    The final price all comes down to if there are two rich guys at the end that both really want it.

  3. #3
    Interesting. The Ferrari Daytona market corrected after the recession in 2013-2015 Michael Sheehan predicted it and Daytona’s that were selling for a million plus adjusted to 500-700k. (I know apples to oranges) same with 911 Porsche’s and Ford GT 2005-06 especially gulf editions that sold 500-600k are in low 400’s right now. You can find base ford gts for low to mid 200’s after a peak of mid 300k.

    I think I with the current recession the acr TA won’t crack 160,000. Just my prediction. Usually in recessions we see car corrections period. It’s just a tough time for luxury goods. Cash is king right now, including gold and silver.

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    Quote Originally Posted by Mark1107 View Post
    Interesting. The Ferrari Daytona market corrected after the recession in 2013-2015 Michael Sheehan predicted it and Daytona’s that were selling for a million plus adjusted to 500-700k. (I know apples to oranges) same with 911 Porsche’s and Ford GT 2005-06 especially gulf editions that sold 500-600k are in low 400’s right now. You can find base ford gts for low to mid 200’s after a peak of mid 300k.

    I think I with the current recession the acr TA won’t crack 160,000. Just my prediction. Usually in recessions we see car corrections period. It’s just a tough time for luxury goods. Cash is king right now, including gold and silver.
    Where did you see GT's for low 200's? I see a wrecked one on ebay for that, but none others. But I only checked ebay.

  5. #5
    Bruce H.
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    I think the last 25% of the winning bid dollars is mostly a mixture of ego, alcohol and all the hype and excitement of a live auction. With most of that missing in an on-line auction, and lots of time to consider and evaluate, I expect much of that last 25% to be missing also. And then there's the general economy that some affluent buyers might not want to be seen flaunting wealth. Then again, I might be giving some way too much credit, lol.

  6. #6
    Quote Originally Posted by Arizona Vipers View Post
    Where did you see GT's for low 200's? I see a wrecked one on ebay for that, but none others. But I only checked ebay.

    I’ve watched the gt market very closely for some time. There’s none in the low 200s without very storied pasts. I’ve seen a few decent sell for 240ish but that’s usually for a less desirable color. Most sales are 270ish

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    I'm expecting a high bid around $145-150 without meeting reserve.
    Never really understood the crazy high valuations on TAs. They are 10 of a kind, whereas tons of others are 1 of 1s, GTC, and downgraded iron brake kit instead of the standard CCBs.
    (I know Iron is more cost effective for track use - buy the CCBs, replace with iron rotors right away, and preserve $15-20k of value).
    Last edited by CarbonDan; 05-09-2020 at 07:37 PM.

  8. #8
    Yeah they are clear that there's a reserve. since the last one hammered for low 200's one would deduce that the reserve is at least two hunnit. but who knows.

    Great news on the FGT. I had no idea. Always wanted one but that market skyrocketed before I started looking. Gonna search now ha.

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    Quote Originally Posted by Policy Limits View Post
    Yeah they are clear that there's a reserve. since the last one hammered for low 200's one would deduce that the reserve is at least two hunnit. but who knows.

    Great news on the FGT. I had no idea. Always wanted one but that market skyrocketed before I started looking. Gonna search now ha.
    It didn't hammer for "low 200's", it hammered for $187K. Then 8.5% sales tax and the buyers fee.

  10. #10
    Won’t make reserve with no FaceTime for intoxicated buyers. Whole different time and different reality now.

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    Agree with ViperJon that the hammered buyers often help the price that is hammered. I think we will see a drop for awhile, similar to 2008 through 2011 , with gradual upswings coming along the way. With Porsche going heavy electric, Tesla, Mustang EV, etc., I will predict the big block machines of today will mirror the mid year Corvette Big Blocks of old. History so often repeats itself, though humans often do not pay enough attention to it, due to our innate issue of resistance to change.

    Supply and demand ---------demand will return and the supply of Vipers is inherently quite limited to other wicked machines of the past.

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  14. #14
    If you owned the orange car what reserve would u put on it realistically? 187k?

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    Quote Originally Posted by Policy Limits View Post
    If you owned the orange car what reserve would u put on it realistically? 187k?
    It would depend on a few factors. I might take less if I need to money to purchase something that to me has a higher value. If I don't need to sell I would set the reserve to $200k and let the chips fall where they may. However, I don't see it selling at that, I predict high bid will be $175k.

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    I obviously don't know what the reserve is but I would think it is around $185K. I don't see it getting anywhere near the reserve in an online auction.

  17. #17
    Quote Originally Posted by Bruce H. View Post
    I think the last 25% of the winning bid dollars is mostly a mixture of ego, alcohol and all the hype and excitement of a live auction. With most of that missing in an on-line auction, and lots of time to consider and evaluate, I expect much of that last 25% to be missing also. And then there's the general economy that some affluent buyers might not want to be seen flaunting wealth. Then again, I might be giving some way too much credit, lol.
    Totally agree, final hammer price all depends on the amount of alcohol and ego's!

  18. #18
    I think that car was sold by a small dealer out Asheville NC, Wheel City Motors. I live in NC and was going to look at the car when they sold it. Days later, it was online for $40,000 more by the dealer in CA. Meanwhile, I ended up buying a 2005 Ford GT. Then COVID happened and the world changed.

    I still want to add a Viper. I would not be surprised if that car was acquired by the selling dealer for around $175. I tend to think the actual cash value today is around $155-160. Very little chance the car makes reserve, but I might bid just in case. Of course, the 10% buyers fee will hold the bid price down considerably.
    Last edited by Cadster; 05-10-2020 at 09:35 PM.

  19. #19
    Quote Originally Posted by Ghost410 View Post
    I’ve watched the gt market very closely for some time. There’s none in the low 200s without very storied pasts. I’ve seen a few decent sell for 240ish but that’s usually for a less desirable color. Most sales are 270ish
    Here’s a data point. I bought my 2005 Ford GT in early March just before COVID lockdowns. It was a sub-4000 mile, white with blue stripes, pristine, one-owner car from a reputable dealer (Bernie Katz...RIP). I was comparing to 3 other, more or less, identical cars, except one was just over 1000 miles, but all were one-owner cars. The one I purchased was the only one I could get below $270. Obviously, much has changed in the world, and it’s anyone’s guess where the high-end car market is heading. Safe bet, no cars are probably going up in value in the near term. Vipers, much like 05/06 GT’s are closer to the bottom than most cars, as they benefit greatly from being discontinued “end of an era” type cars.

  20. #20
    Quote Originally Posted by CarbonDan View Post
    I'm expecting a high bid around $145-150 without meeting reserve.
    Never really understood the crazy high valuations on TAs. They are 10 of a kind, whereas tons of others are 1 of 1s, GTC, and downgraded iron brake kit instead of the standard CCBs.
    (I know Iron is more cost effective for track use - buy the CCBs, replace with iron rotors right away, and preserve $15-20k of value).
    This is not just any T/A. This is an ACR-E T/A. Huge difference and much more rare.

  21. #21
    I usually go to the mohegan sun auction in person because its only an hour from my house. That bar really is flowing all day ha. not this year I guess. Glad I didnt put my car in.

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    Quote Originally Posted by 06SRTCoupe View Post
    This is not just any T/A. This is an ACR-E T/A. Huge difference and much more rare.
    I'm saying there are 10 identical ACR-e T/As, with a big hit to value right from the factory due to lack of CCBs, whereas there are actual 1 of 1 configurations out there. Just think the valuation is a bit backwards on these ones for some reason.

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    Quote Originally Posted by CarbonDan View Post
    Im saying there are 10 identical ACR-e T/As, with a big hit to value right from the factory due to lack of CCBs, whereas there are actual 1 of 1 configurations out there. Just think the valuation is a bit backwards on these ones for some reason.
    My very specific beef with ACR TAs is well documented on here so I wont go into it but I do see why they are highly sought after and hold value. With 1 of 1s you end up with a situation where everyone is unique so none of them are unique. It is also why 2014 TAs hold their value better than other non ACR cars. It is a specific numbered car package that allows sellers and buyers to be able to compare against past sales values. All these other 1 of 1s May be cool but cross valuing them is impossible.

  25. #25
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    Quote Originally Posted by CarbonDan View Post
    I'm saying there are 10 identical ACR-e T/As, with a big hit to value right from the factory due to lack of CCBs, whereas there are actual 1 of 1 configurations out there. Just think the valuation is a bit backwards on these ones for some reason.
    The lack of CCBs is actually a plus to some of us. Not everyone, I get that, but to some of us. They are cheaper to replace when you wear them out. Tracking the car will wear out CCBs even though they will last forever on the street. The steel rotors are tougher and less likely to be damaged if you hit them with a wheel when changing tires, which you do a lot of when you track the car. Lastly they allow the use of Viper OEM wheels in 18 inch size in front. This offers a few more tire options.

    The steel brakes were cheaper to order as well. The point of the ACR-E/TA was to provide a car that track rats would value despite its lower cost. The ACR-E/TA had an MSRP of something like $129K if memory serves. Many of the other ACR-Es I looked at were at least $20K more. The color is also a plus and is a color many people seem to like. Bill purposely did not add the carbon fiber rear panel or the carbon fiber x-brace to keep the cost down. Of course you could add them yourself if you want them.

    I'm personally surprised that the ACR-E/TAs are going for the kind of money they are. I love mine, especially the color (I've always wanted an orange car). Most of the ones that have been for sale have like no mileage on them so maybe this is part of the reason they are pulling in big dollars. It seems like several folks bought them to stare at in their garage or maybe they figured they would increase in value, who knows.


 
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