Ryan,
Even if it pushes prices 20% higher it's heading in a positive direction. It's not unlike a comp for real estate, supply vs demand. If the BJ auction begins to set a tone and begin the wave then be ready for the ride. Right after the auction a neighbor (classic car guy) of mine calls me and tells me about the sale then says "your car is really valuable Matt, it's easy to thing it's worth less!" If the car is marketed right, at the right venue you might hit it right.
Be well
Matt Ostrowski
Sent from my iPad
I don't know about the rest of you but a single sale a BJ wouldn't sway me to pay more or less today than I would have yesterday. All it takes is for a couple of guys with more money (or credit) than good sense to get into a pissing contest over the same car and the price moves well beyond what the real market will bare. Time will tell if overall values of all G's will actually be impacted beyond next week. I wouldn't get too excited just yet or someone will be posting there dismay at the 'poor' result the next auction brings when a similar car only brings $100k.
Sent from my iPhone
Hi Pete,
Stick or no stick that sale just raised the values of all existing G's. It's a good thing.
Be well.
Matthew Ostrowski
Sent from my iPad
For anyone who missed it a 300-G three speed stick car was sold for $200,000.
As usual the broadcasters had some things wrong but, for the most part they had good things to say about the car.
I wonder how much of that sales price was due to the stick shift.
Pete Fitch
Sent from my iPhone