Oh MY MY MY MY

[Ummgawa]

Bob's Cuda just sold for $550,000.00

Unbelievable

[Ricochet]

I agree Jim. I thought it would have brought alot more.

Brent

[Sales@Dutchboys]

THATS IT! I would be pissed.:wow:

[McssGmachine]

WOW! I was thinking it would go for over 800k!

[youthpastor]

i missed it by 23k, dang it!!!:mad:

[Stuart Adams]

Actually it was 535K I think. 535-53,500 = 481,500 in his pocket. Shocking.

[mazspeed]

I thought it would go much higher. Why the lack of interest is surprising to me.

[GTX]

588,500 is the actual cost after fees according to B-J website

[Stuart Adams]

Too bad he sold it. The car, the hours, hard work, awards and now someone else owns it for half price. Never know I guess.

[Sales@Dutchboys]

I just cant believe it. I just dont know what to say:question:

[Mr.VENGEANCE]

my god.... such a shame..:(

[J2SpeedandCustom]

I am sure that Bob is disappointed, hell I am to. The one thing I will add is it awesome to have people out there like Bob who will push the highest envelopes of our industry and elevate every level of what we thought could be acheived in a street machine. For this I applaud him and also second the words of Craig in saying WTF! This also reopens the huge debate of how do you put a price on winning SMOY and having a a company like Hot Wheels get involved. Some would say not much, but I have a feeling Bob would say alot. Just not 500K worth!

[Rob07002]

I hope a "friend" of his was high bidder.

I could never let it go for that, especially after some of the junk that sells for similar price.

I'd much rather have the Hummer with 97 tv's!!!!!!!!!!!!!

[1970cuda]

The guy that bought the cuda has a big stack of the diecasts for the kid while bidding 4,500,000 for the cobra

[XcYZ]

I hope a "friend" of his was high bidder.

It was going pretty slow, then made one single jump from $350k to $500k.


Does anyone know what the most has ever been paid for a custom built car? What car holds the record?

[Rob07002]

If they say "patina" one more time, I'm on a plane to Scottsdale with a pair of plyers and a blowtorch!

[MarkM66]

It was going pretty slow, then made one single jump from $350k to $500k.


Does anyone know what the most has ever been paid for a custom built car? What car holds the record?

I thought that jump in price was sort of odd. Not sure why someone would of made that jump when it seemed to stall out around mid 200's.

Not sure on the highest price custom. I think the Motion Camaro went for around $600k last year.

[Van B]

The jump in price was probably an effort to "protect" the sale price. Only a couple people know for sure and few will probably talk about it.

[wiedemab]

What is most dissappointing to me is that this may discourage Bob and/or anyone else from pushing the envelope (in the Cuda's case tearing up the envelope) in our sport. Not very many people can afford to shell out the money to create something in that league and then take a significant loss on it when it sells.

I guess, I'll end my comments with thanking Bob and everyone involved for building the car. There were so many things on the car that will influence the future of the sport. It will be interesting to see what comes in the future. The bar has been set pretty high.

Brandon

[MarkM66]

If they say "patina" one more time, I'm on a plane to Scottsdale with a pair of plyers and a blowtorch!

:lol: . If I see one more Mustang Shelby 500 commercial, or Toyota Tundra commercial I'm going to through my computer through the TV!

[G-Body]

Again i agree, Someone got a pretty sweet deal , but i guess thats why its an auction! besides anyone know what he had in this car to build? with the engineering alone and labor would have to be crazy high. But such a pedstal car! one for all to shoot for and where the standard may fall from now on out,
But with that said Does this slow down all the Barret hype that everyone thinks they can make 100 k profit on there car now, May have the high end bidders scrathing there heads look at Barry white "not as a comparision by any means" but for an example his show last year on building those auction cars is the price time and sweet and tears not to mention all that jack really worth it and to be dealt a card hand like this kind of reminds you of a texas hold card game you think your ahead until that ace turns overs to beat ya. Good luck Bob and hope to see the next build.

[awr68]

I thought it would have brought more, but had my doubts Bob would get all his money back. It seems the BJ crowd doesn't appreciate this kind of build as much as an untouched car or one with a lot of history....I do think it could have been presented a little better before bidding started, they basically said it was a one-off car that had a ton of hours involved, but didn't really tell the people what it was. Also, it seemed Craig was getting nervous at the end but couldn't get anyone involved...I'm sure he thought it would have got much more....we all did!

[groovyjay]

WOwzaaa, should have been a lot more. We see those rusty buckets with 1000000$ reserve on Ebay all the time. Greatest machine of all times? :hail:

[J2SpeedandCustom]

I guess to do well at Barrett's Carroll Shelby has to sign your car!!!!lol

[Leadfoot1]

Well...

I had given 225k as the price i tought it would sell for in the contest we have here. Seeing it "Standig" around 250ish figures got me thinking i was in. Then that JUMP (?) Maybe we'll get the scoop soon.

Its a Neat car, but yeah, i don't think everyone wants a million dollar 'Cuda. I guess it all depends on who is there, what BJ auction your entering the car surely has to do too (some more High Perf oriented than others vs some more #'s match cars style.

Also, the presentation could/ would have helped...If your not aware of what your buying when bidding on that kind of car, it may look like a nice car and all, but kinda like many others too...So what's to justify its cost? Not saying its ordinary at all, just that people that are bidding may sometime be guided /interested more by the looks of the car, so paying 1 Million begins to be expensive for a "good looking" car...so they stop there in their heads and are not totally aware of what they are getting if they dont have the proper story to present the car accordingly (Hence the proper intro could have helped. You know, emphazing on SMOY and stuff like that to explain what they we're getting!).

I had posted that price (225) because thats what i tought it would fetch. I just don't know why i had that feeling?

I think its getting ridiculous to a certain point too that those cars are going for that kinda cash. Come on, its a nice car but its getting :faint: .

On the other hand, 5 Millions for the 'vert Hemi was the sky compared to this soooo....I guess you only gotta remember its a game that's played like that; Win some Lose some!

Oh well. 'Wishing Bob will do better next time,(and that a friend of his bought the car) meanwhile i'll just go back to my under 500k car build...

Lead.

P.s; Yeah, what was the build price again? And what would a reasonnable profit would be?

[CRCRFT78]

Hell BJ could've thrown in some vaseline with that price knowing Bobs' getting screwed on that deal. I hear some of you say the intro could've been better but how can people in the car industry not have heard of this vehicle. I didn't see it on TV but I do think alot of these auctions and sales are rigged myself.

[Derek69SS]

I'm not suprised... I expected 750 on the high-end, but didn't think it would go under 600. The number of people looking for a car like that is significantly less than those collecting rare original stuff. Modified cars are entirely built to taste, and everybody's tastes differ.

While I like most of the car, there's a bunch of stuff on it I'd change if it were mine... hell, just about everybody's car on here has something I'd like to change, especially my own :D (damn budget!)

The more wild a car gets, the smaller the group of interested buyers gets... the same ratio is true for price-tags. There just aren't enough people out there with a half-million plus to spend on a car that are also looking for that particular style of car.

[Steve1968LS2]

The jump in price was probably an effort to "protect" the sale price. Only a couple people know for sure and few will probably talk about it.

All the bids were real.. If Bob wanted to he could have driven up the price. The buyers were expecting it to be near 1 million (so they said).

Keep in mind that this is one of the highest amounts (if not THE highest) ever paid for a customized Musclecar.

The Motion bidding last year seemed "odd" to me. Also heard a rumor that the real owner was Craig Jackson and that he bought the car at SEMA for between 300 and 400 thousand $$$.. Just something I heard.

Bob took the lower than expected final price with class. I'm sure he would have wanted more, but the car did achieve it's goal of being the baddest musclecar on the planet.

And his next project is looking VERY cool...

[Steve1968LS2]

P.s; Yeah, what was the build price again? And what would a reasonnable profit would be?

You don't build cars like that for a profit.. especially when you pay for the labor. You build it to set goals and hope to break evenish.

Not sure what Bob has in the car but my guess is that it's closer to 1 million than to 500,000..

[Steve1968LS2]

Oh, and don't feel bad for Bob.. feel bad for the guy that sold "THE LAST STINGRAY"

I heard they were expection MILLIONS (like 3) and that car sold for $650ish..

[mazspeed]

Not sure what Bob has in the car but my guess is that it's closer to 1 million than to 500,000..

You would be correct.

[Kris Horton]

That's a shame, I saw it last night (not the actual auctioning of the Cuda, just what it went for) and was really disappointed. It seems that whatever BJ plays up and features on their cover as a potential "million dollar car" tends to not pull nearly as much as they thought, case in point: the Motion car last year. Though the auction was marred by the sound cutting out, I still don't think it would have hit a million. Bob's car is an amazing piece of work, has 2 high-profile SEMA appearances under it's belt, magazine features, and even a die-cast replica, so it's sad to see it go for such a "low" price.

As far as Jackson having bought the SuperCoupe, I can confirm that it's untrue. I believe the buyer's name was Ron Pratt (just not sure on the first name at the moment.)

That auction is really hit-or-miss it seems, I just hope Bob's not too upset over it all, but I wouldn't blame him if he was... :(

[Steve1968LS2]

You would be correct.

Hey, it was nice to meet you at the show!

[mazspeed]

Hey, it was nice to meet you at the show!

We met? I thought you were just telling me to get out of your way the whole time.

[Steve1968LS2]

We met? I thought you were just telling me to get out of your way the whole time.

Ouch.. guess not then..

[Leadfoot1]

:lol: :lol: ^^^^^^

You don't build cars like that for a profit.. especially when you pay for the labor. You build it to set goals and hope to break evenish.

Not sure what Bob has in the car but my guess is that it's closer to 1 million than to 500,000..



OK, 'cause everyone is saying that it sold for less than "expected". So i figured it must be money related somehow... Otherwise, he could (might as well, here, reading this) not have sold it no? (reserve...?)

Anyway, how could a "Good" selling price been achived if you (not personnally) don't know the build price? As far as i'm concerden it could have cost under 500k to build. Hell you get some B-A cars build for that money! Million...Skeptical.

But then i don't particularly care either. Nice car. Period.
(Just glad i'm not the one losing out)

Lead.

Oh and Steve, I just got my wheels. Thanks again for the info on the Gunmetal, the are freakin' awesome! No regrets at ALL!!!

[Steve1968LS2]

:lol: :lol: ^^^^^^

OK, 'cause everyone is saying that it sold for less than "expected". So i figured it must be money related somehow... Otherwise, he could (might as well, here, reading this) not have sold it no? (reserve...?)

Anyway, how could a "Good" selling price been achived if you (not personnally) don't know the build price? As far as i'm concerden it could have cost under 500k to build. Hell you get some B-A cars build for that money! Million...Skeptical.

But then i don't particularly care either. Nice car. Period.
(Just glad i'm not the one losing out)

Lead.

Oh and Steve, I just got my wheels. Thanks again for the info on the Gunmetal, the are freakin' awesome! No regrets at ALL!!!

No problem Lead :) -- glad the wheels came out nice. I'm dying to get mine.. :willy:

I know about what it cost to build, but I don't know the exact amount. I think it's generally accepted that the Cuda cost near 1 million to build.

[Leadfoot1]

Then i'm also glad i'm not the one who paid to get it built!


:yes: :D

Lead.

[Stuart Adams]

BJ is awesome, enjoyed watching this year. People know going in the only guarantee is BJ will get 20% no matter what. You roll the dice.

To be fair their were some Riddler type cars that went for peanuts compared to $ in them also.

[68protouring454]

lead, do the math, 16,000 hr to build at 75 per, plus car, plus parts

[ProdigyCustoms]

The $500K bid was intended to tell other bidders, Get the ---- out of my way! Fairly certain grandpa did that.

And as Steve said, it may ONLY be half a million, but it is more then any other muscle car ever did. And since it is the best muscle car to date, it is only appropriate it is the highest sales price to date.

[Leadfoot1]

16 000 Hours! :wow: Ouch... Yeah, i had to use my calculator MAJOR ouch!
I see why he could be pissed.

Getting used to those hours uhgh!...

Lead.

[Steve1968LS2]

16 000 Hours! :wow: Ouch... Yeah, i had to use my calculator MAJOR ouch!
I see why he could be pissed.

Getting used to those hours uhgh!...

Lead.

Bob wasn't "pissed".. dissapointed I'm sure, but he knows how this game plays out.. some you win, some you draw and some you lose.

Like Frank said, still more coin than most any other custom musclecar ever :shrug:

[68protouring454]

didn't the motion car go for 600????????????

[mazspeed]

didn't the motion car go for 600????????????

I think 486k or 482k or something really close.

[jeff s]

I'll say it again, I don't think it's realistic to pay a shop to build you a custom car and sell it for a profit.
If it's a significant low production car that's worth +$150,000 that you got a deal on and are doing a stock resto, you'll do all right.
The Stuban Great 8 Riddler car from 2005 went for $170 ish and they were talking 10,000 hours or so to build that one too.
We do it for the love and passion of cars and maybe to accomplish a goal.

[Bowtiguy]

From what I understand, The last stingray owner is the current man in charge at Proteam corvette. As I watched from home this year and talked with my father off an on ( wasthere last year), he said isn't funny how things come full cirlce.

Here's a guy who got caught stripping vettes ( felony <?'s> from what I understand) years ago and now after restructuring his buisness has 200+ vettes in stock at any one time. I don't think he's hurting on the sale of "last 67". He got enough air time on the "behind the block" episodes to sell plenty of cars for years to come.

[Mizfit]

Here is one that i thought would have gone for more. I was looking through the results and this seems low to me?

http://www.barrett-jackson.com/carlist/cardetails.asp?In_AuctionID=221&In_LotNumber=1361

Sold for $51,700

and BJ takes what 8-10% at least maybe more after all expenses.

[Steve1968LS2]

Here is one that i thought would have gone for more. I was looking through the results and this seems low to me?

http://www.barrett-jackson.com/carlist/cardetails.asp?In_AuctionID=221&In_LotNumber=1361

Sold for $51,700

and BJ takes what 8-10% at least maybe more after all expenses.

It's the Pearl Cyclone!!! :willy:

BJ takes 8% from the seller (plus the $1200 to be there) and they take 10% from the buyer.

So, on a $51,700 bid the seller nets $46,364 and the Seller pays $56,870 plus the fee to be a bidder of $400. The buyer also has to pay local and state sales taxes of almost 8% unless they have an outside transport company on hand to take the car. If you bring your own trailer, even if you live out of state, you HAVE to pay AZ sales tax.

So on that car the seller got $46,364 minus the costs to get it to BJ and the buyer paid $57,270 plus the costs to get it home or sales tax. BJ made about $10,906 for the pleasure of selling that guys car. Not a bad gig for Craig Jackson ;)

[1970cuda]

$10906 if the bidder was there. If it was an internet, phone or proxy bid he gets another 2% or another $1000

[Mizfit]

DAMN BJ nets a hell of a lot considering the price of the car. I am in the wrong biss.:lol:

[Leadfoot1]

Not only that, why aren't there more quality auctions (i mean by other folks)? I mean, someone with the cash (it costs considerable money to organise an event of that size) could surely do the same for 1/2 the asking costs...And still find good money in there.

No? Man i might be interested.....

I have a little trouble with guy's making money on other peoples back.(some is ok but woooo, they get 10k and the seller 47???? that does not sound right to me) Also, I mean, the job is the same wether the car is worth 500 or 5 millions. So its not really relevant the way its done, but again, who am i to tell them their wrong, it works!

Come on sheeps...Follow.

Lead.

(yeah, yeah...guess i only wish i was multimillionnaire too....:mad: )

[Steve1968LS2]

Not only that, why aren't there more quality auctions (i mean by other folks)? I mean, someone with the cash (it costs considerable money to organise an event of that size) could surely do the same for 1/2 the asking costs...And still find good money in there.

No? Man i might be interested.....

I have a little trouble with guy's making money on other peoples back.(some is ok but woooo, they get 10k and the seller 47???? that does not sound right to me) Also, I mean, the job is the same wether the car is worth 500 or 5 millions. So its not really relevant the way its done, but again, who am i to tell them their wrong, it works!

Come on sheeps...Follow.

Lead.

(yeah, yeah...guess i only wish i was multimillionnaire too....:mad: )

On selling Bob's 'Cuda BJ made $97,900 MINIMUM.. On selling the Shelby SuperSnake they made at least $901,600

And yes, we are in the wrong business...

[rockdogz]

It's the Pearl Cyclone!!! :willy:
LOL, I saw that too... heh
Maybe the new owner will come to the site and tell us about it...?
:faint:

[1970cuda]

I would guess that attendance was down this year but they figured 225000 would visit the auction
Tickets were$25 to $55 on Saturday
figure $30 per person for tickets equals 6,750,000 in sales
A booth that is 10x30 was $7000 for the week
5000 bidders at $500 each equals 2,500,000
minimum of $1200 for car to be at autions times 1200 equals 1,440,000
and the big one 8% sellers and 10% buyers say on 100 mil equals $18,000,000
plus sponsorship money from Ford and GM and $$$'s from Speed to air it
That is $28,690,000 plus booths plus plus plus and Scottsdale and Westworld bought the tent for him for $4,000,000 so that he would stay in the city for tax revenues

Not a bad week of work!

[Leadfoot1]

I have no more comments.

Lead.(!)

[awr68]

WOW, that's a lot of coin!! And to think I get all excited about the money I save using GP's!!

[mazspeed]

Here is one that i thought would have gone for more. I was looking through the results and this seems low to me?

http://www.barrett-jackson.com/carlist/cardetails.asp?In_AuctionID=221&In_LotNumber=1361

Sold for $51,700

and BJ takes what 8-10% at least maybe more after all expenses.


You have to be kidding me. I looked that car over and it was pretty nice. That's a real shame. I don't think I would ever sell my car on BJ. As Steve said, they make a killing on both seller and buyer.

[fesler]

On selling Bob's 'Cuda BJ made $97,900 MINIMUM.. On selling the Shelby SuperSnake they made at least $901,600

And yes, we are in the wrong business...

I am with him we should all get together and do our own auction, I am a vender at BJ and they do not cater to you at all. Once they have your money you are on your own and the money that they pull from the cars is insane. I build these cars and cant make that kind of money it is just insane what stuff goes for.

[fesler]

I would guess that attendance was down this year but they figured 225000 would visit the auction
Tickets were$25 to $55 on Saturday
figure $30 per person for tickets equals 6,750,000 in sales
A booth that is 10x30 was $7000 for the week
5000 bidders at $500 each equals 2,500,000
minimum of $1200 for car to be at autions times 1200 equals 1,440,000
and the big one 8% sellers and 10% buyers say on 100 mil equals $18,000,000
plus sponsorship money from Ford and GM and $$$'s from Speed to air it
That is $28,690,000 plus booths plus plus plus and Scottsdale and Westworld bought the tent for him for $4,000,000 so that he would stay in the city for tax revenues

Not a bad week of work!

when you brake it down that way it is insane, I had a 20X40 and understand where you are coming from, they are just rolling it in like crazy.:bow:

[Mizfit]

Hey I am in for a Lateral-G auction:D :yes:
About done with our car:unibrow: :cool:

[MarkM66]

LOL, I saw that too... heh
Maybe the new owner will come to the site and tell us about it...?
:faint:

Wow. The "Ultimate" '69 Camaro! I was wondering where that car went. :lol: