The same "real" Shelby's just keep showing...

you wanna know what they are thinking?? Well, before RM / Amelia Island auction, last weekend, I could by a really nice 1965 GT 350R car for under 500k - not anymore!! I have been offered a half a dozen 1965 double digit cars (street cars) for 350k t0 500k since this auction broke (three cars in one day, no less) - Hell, Pardee at SAAC turned down over 1.3m this week, for his R model - So, do you really want to ask, again, about what folks are thinking??

LOL!

SGB

 

Re: So why not sell their cars at an auction? That's ....

It would be just my luck to run one of my cars through one of those auctions and the market drops..............right there in front of me!! Plus, I am getting nuclear money for cars, without auctions, so why pay them to do my job??

SGB

 

Re: So why not sell their cars at an auction? That's ....

Stephen makes a good point and knows the Shelby Market as good as anybody can. He only seems like a Know it all Because he IS!!

 

The ones that get me are the people selling Gousts. I saw a listing for a Graber Green Shelby on there up over $100K and a few listings down was another Graber Green Shelby with a BUY IT NOW price at under $20K. I got to looking and the $20K person went as far as to use the $100K persons photos and discription. The bad part is that people were biding on the $20K Shelby listing. I try to notify Ebay about the Goust Cars as often as I can.

 

Shelby's on Ebay are primarily used for sellers to post their cars to generate interest. Many of the sellers then take the cars off the auction and sell them directly to a buyer who saw the car on Ebay and emailed the seller privately. The seller saves a good chunk of money by doing this.

The price they put on Ebay is usually a very high price that if someone pays they are fine with parting with the car at that price.

If someone sold a car at no reserve it would generate more bids and probably a descent price but people are scared to take that chance. I have sold about 30 things on Ebay including a Grand Cherokee at no reserve and always got more than I anticipated.

Mike

 

Didnt the Cobra 427 owners do this once?

I hazily remember that several S. California owners once simultaneously offered their 427 Cobras for $1 million each when the going price at the time was far less. None of them got such an offer but just the fact that they asked pushed the value of their cars up a measurable notch and they never went down back to their old level.

That was before eBay.

I think 427 Cobras with no racing history are now a solid bankable $300K but closer to $500K if you have a car with a "story "(famous owner, continous ownership record, former race car, etc.)

 

You would have trouble finding a nice 1965 Shelby for 300k right now, never mind a cobra. A fellow cobra owner a whos live very close to me just turned down 750k for his original 427 cobra. A few 289 street cobras have been selling in the solid 600k area and even one or two have touched over 700k in the last month or so.

All of these cars have no race history.

Jay