View Full Version : Baldwin Motion $$
Autokraft
01-21-2006, 05:09 PM
$450.000 :_paranoid
Who was closest on guessing the winning bid?
Bill Howell
01-21-2006, 05:10 PM
Well, Who won this one. It brought 450K
I only missed it by 100K :lol:
Camaro4Life
01-21-2006, 05:11 PM
I'm surprised it didn't go for more but its a fair price :thumbsup:
I would buy one.
Bill Howell
01-21-2006, 05:11 PM
LOL,we were posting at the same time. merge um somebody.
platinumgta
01-21-2006, 05:12 PM
awesome.....................just watched it!
Autokraft
01-21-2006, 05:14 PM
LOL,we were posting at the same time. merge um somebody.
I just noticed that. Ha Ha!!
Autokraft
01-21-2006, 05:15 PM
I just looked and it looks like rockdogs nailed it. Good job!
Kurt
www.autokraft.org
Steve1968LS2
01-21-2006, 05:35 PM
Well, Who won this one. It brought 450K
I only missed it by 100K :lol:
Well.. you have to add in the 8% for what the guy really paid for it.. So the total was $486k
Still short of the sticker price and it was the #1 car that has all the press.. hmmm
Has the Unique Foose car gone by yet?
#1 Lamest thing in the show so far (IMO).. $500k for a '07 Mustang Cobra that you can buy new for under $50k. In 10 years that car will be worth a fraction of what was paid..
Steve1968LS2
01-21-2006, 05:36 PM
Since there are two threads on this.
Well.. you have to add in the 8% for what the guy really paid for it.. So the total was $486k
Still short of the sticker price and it was the #1 car that has all the press.. hmmm
Has the Unique Foose car gone by yet?
#1 Lamest thing in the show so far (IMO).. $600k for a '07 Mustang Cobra that you can buy new for under $50k. In 10 years that car will be worth a fraction of what was paid..
Bill Howell
01-21-2006, 05:37 PM
Well.. you have to add in the 8% for what the guy really paid for it.. So the total was $486k
Still short of the sticker price and it was the #1 car that has all the press.. hmmm
Has the Unique Foose car gone by yet?
#1 Lamest thing in the show so far (IMO).. $500k for a '07 Mustang Cobra that you can buy new for under $50k. In 10 years that car will be worth a fraction of what was paid..
Foose car not gone yet I don't think.
Steve, the 500K was a bid for the privilege of buying the first publicly offered 07 Shelby, winner still has to pay retail for the car. :willy:
ohcbird
01-21-2006, 05:56 PM
I'm doing good so far- 148 on a 155 guess for Al8R, 450 on a 455 guess on BM.... C'Mon Foose!
tndude
01-21-2006, 06:07 PM
Well.. you have to add in the 8% for what the guy really paid for it.. So the total was $486k
Still short of the sticker price and it was the #1 car that has all the press.. hmmm
Has the Unique Foose car gone by yet?
#1 Lamest thing in the show so far (IMO).. $500k for a '07 Mustang Cobra that you can buy new for under $50k. In 10 years that car will be worth a fraction of what was paid..
Woooo!! I guessed $489,500. :yes:
Steve1968LS2
01-21-2006, 06:09 PM
Foose car not gone yet I don't think.
Steve, the 500K was a bid for the privilege of buying the first publicly offered 07 Shelby, winner still has to pay retail for the car. :willy:
So it's even more lame than I first though.. lol
MarkM66
01-21-2006, 06:11 PM
So who one the three suspension kits? I'm thinking I'm one. I'm I figuring it right?
tndude
01-21-2006, 06:15 PM
So who one the three suspension kits? I'm thinking I'm one. I'm I figuring it right?
You very well could be one :thumbsup: ....I think there might be a tie breaker and I'm not sure how Scott plans on doing the math.....keep you fingers crossed!
MarkM66
01-21-2006, 06:19 PM
Here's the tie break rule
"In the event of a tie, we will use the guesses of the individual cars to see who cam the closest."
So I see Rockdogz, Andrew Mcbride getting one at their $835 bid, and myself at $845, even though TravisB has the same bid, my bids were closer. I think, :D .
Keeping fingers crossed... :cool:
Bill Howell
01-21-2006, 06:20 PM
I think Scott said in an earlier thread he was going on hammer price, no commission added. :thumbsup:
Van B
01-21-2006, 06:24 PM
So it's even more lame than I first though.. lol
The only not lame part about it is that the $600k goes to some Carrol Shelby Children's foundation.
Steve1968LS2
01-21-2006, 06:49 PM
The only not lame part about it is that the $600k goes to some Carrol Shelby Children's foundation.
Agreed.. that part was cool..
I guess if you have the coin.. so is the difference in what you pay and the actual value tax deductable? :)
Bill Howell
01-21-2006, 07:03 PM
In this case, the whole 600K is deductable :thumbsup:
ProdigyCustoms
01-22-2006, 03:38 AM
They really gave the Motion a lot of time. Very long introduction, and just stayed on it trying to get more money. They would have hammered away 99% of the other cars in half the time once the bidding stopped. I guess they lost the sound for a bit. I was real disappointed, I can only assume the Motion guys are too.
Bowtiguy
01-22-2006, 11:47 PM
I was standing right behind the "motion" guys after the auction just outside the big tent. I was there to hear it fire up but instead was treated to a ton of TV time that will most likely get chopped during a "on the block" episode.
anyhow, The interviewer from speed asked " are you happy with the sale price or was this all about bringing back the name?" those guys bit their tongues so hard I think I heard it....they were pissed after the cameras were turned off.....very pissed off!
biggest deal of the show......LOADED 29 Rod. It was a local built car by pinkies in loveland, Co. I've seen it many times this summer at shows. In talking with Russ from Strickly street Rods in Golden on the plane tonight.. the seller had over $400K in it and I believe it! too bad it sold for $190K...I was only cleared for 1/2 of that as a bidder ;-)
Kris Horton
01-23-2006, 02:59 AM
I was lucky enough to be there on Saturday and up on stage when the car crossed the block. Here are some of my thoughts:
Between the hype built for the car by the magazines and newspapers, Sony (at SEMA,) and probably most of all, Barrett-Jackson, it was hard for them not to have high hopes for the car at the auction. I too had high hopes I think, but I kept reminding myself that anything can happen in an auction. It seemed that what they were really hoping to do was to validate the $427K asking price for the Super Coupes and to gauge interest in them and the planned Phase III project.
I think that the auction was still pretty good for them at the end of the day because some of the most notable Baldwin Motion collectors were present. Not necessarily to bid on the car, but to meet with Rosen and Schorr and to discuss the cars, both past and present. I know many were interested in the car and some interested in ordering one built their way.
Where the auction hurt them is in the car only bringing $450K, which isn't to much more than the asking price. In my opinion, justifying their price would have meant selling it for $550K+ since BJ prices are typically considerably higher than what the cars real value is...or is it just me? Ultimately the car sold for almost half a million dollars which is a lot of money.
On the bright side (if it can be called that) the Motion Camaro was not the only car to fall victim to a low sale price this year. The Six Shooter Cuda, and several other cars went for a lot less than they should have based on the past few years at BJ.
I think what we might expect from Motion is some rethinking of the Super Coupe program, whether it be pricing or if the program will continue. I am pretty sure they'll be doing the Phase III's, but in my opinion, I think they need to be competitive with the Unique/Foose Camaro and not as focused on being ultra high-end collector's pieces. As a newly relaunched brand name, I think they may need to take baby steps, despite the status of their original cars. Take this all with a grain of salt, as most of my info is kind of an educated guess, but I think I had a pretty good read on their feelings both before and after the auction.
Okay, there's my 2 cents! I have to say that hanging out with the guys from Motion was really great. All of them are very kind and generous people and Joel Rosen and Marty Schorr are two of the nicest people I've met in the business, not to mention, legends in the industry.
Kris
Steve1968LS2
01-23-2006, 06:07 AM
The ironic part is that a new stock Cobra Mustang brought more than the #1 Motion car.. then again i brought more than a lot of cars..
I still can't get over that price.. i guess the tool box was nice..lol
and yes, I know it was for charity.. still :wow:
Kris Horton
01-23-2006, 09:35 AM
Haha Steve, good point...
If I was the high bidder on that Shelby I would have done a "Comic Book Guy:"
"Best. Write-off. Ever."
:D
Musclerodz
01-23-2006, 10:35 AM
When you are dealing with guys who have that kind of disposable money, it is much easier for them to justify writing off $500K for the pleasure of being the first guy in the country to own a '07 Shelby than to just give the money to charity. I don't think it can be compared to the guy that just spent $500K on a car that he HAS to pay taxes on.
As cool as the Motion Camaro is, I think pricewise it is too far out there. The market gets very thin at that kind of money for a toy. In order for that car to survive the market, I think the price would have to come down considerably and take the car back to its roots. A serious performance contender with fewer thrills and bling.
Mike
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