8T02S14338401385 on BAT

[sfm5]

"A guy can't afford $160K for a restored one, but can pay $65K+ for a piece of junk and then dream about slowly and cheaply fixing it up....."

+1   And those are the ones that tend to languish in the buyer's driveway/yard for years, usually winding up under a tarp. When the owner is asked about selling they say "no" insisting that "someday" they will restore it.

[J_Speegle]

A person can do all the work themselves and not pay themselves for the labor but you can not roll back the clock in a time machine and get the parts that you need for 1969 prices. Not to my knowledge anyway?

Depends on the car and to what level your building. Some builders don't need many parts outside of the parts that always get replaced and are often available as reproduction. Just depends IMHO on how much of a "catalog car" you are building. And at the same time people aren't planning on selling the car at 69 prices either. Parts prices are what they are and can vary allot. Have been fortunate enough that people have given me parts, in some cases demanded less than I was willing to pay and in some cases you bite the bullet. What you pay is your choice given the situation. 

My friend paid  MORE for a set of NOS Hubcaps than you would have paid for a new 68 Shelby in 1969. How's that for perspective?

Plenty of examples of that if your a long term owner given the rise of the values/sales. Recently paid more for a transmission than I paid for the car it was going in. At the same time the cost of the transmission was not a large percentage of the current value of the car.

[shelbymann1970]

A person can do all the work themselves and not pay themselves for the labor but you can not roll back the clock in a time machine and get the parts that you need for 1969 prices. Not to my knowledge anyway?

Depends on the car and to what level your building. Some builders don't need many parts outside of the parts that always get replaced and are often available as reproduction. Just depends IMHO on how much of a "catalog car" you are building. And at the same time people aren't planning on selling the car at 69 prices either. Parts prices are what they are and can vary allot. Have been fortunate enough that people have given me parts, in some cases demanded less than I was willing to pay and in some cases you bite the bullet. What you pay is your choice given the situation. 

My friend paid  MORE for a set of NOS Hubcaps than you would have paid for a new 68 Shelby in 1969. How's that for perspective?

Plenty of examples of that if your a long term owner given the rise of the values/sales. Recently paid more for a transmission than I paid for the car it was going in. At the same time the cost of the transmission was not a large percentage of the current value of the car.

my favorite I had was I bought a Boss 429 in 1986 for 4500. It came with a weird ram air flapper top that said "Use a Genuine Ford filter". Fast forward to 2003 when Ed was over my house and I asked him if he ever saw one. An early ram air that was used on 135 cars. Sold it a few years and now it is on the Tasca Ford 135 car and I got half the original B9 price for it.

[fastpace]

Will be interesting to see what it brings as you really don't see too many Shelby projects anymore which are this complete.

[shelbymann1970]

Will be interesting to see what it brings as you really don't see too many Shelby projects anymore which are this complete.

The mystery is why someone would cut the roll bar off and not at the base but cut the tubes about a foot up?

[Coralsnake]

Come on G, get in there and mix it up!

[shelbydoug]

A person can do all the work themselves and not pay themselves for the labor but you can not roll back the clock in a time machine and get the parts that you need for 1969 prices. Not to my knowledge anyway?

Depends on the car and to what level your building. Some builders don't need many parts outside of the parts that always get replaced and are often available as reproduction. Just depends IMHO on how much of a "catalog car" you are building. And at the same time people aren't planning on selling the car at 69 prices either. Parts prices are what they are and can vary allot. Have been fortunate enough that people have given me parts, in some cases demanded less than I was willing to pay and in some cases you bite the bullet. What you pay is your choice given the situation. 

My friend paid  MORE for a set of NOS Hubcaps than you would have paid for a new 68 Shelby in 1969. How's that for perspective?

Plenty of examples of that if your a long term owner given the rise of the values/sales. Recently paid more for a transmission than I paid for the car it was going in. At the same time the cost of the transmission was not a large percentage of the current value of the car.

I'm not offering a formula or even a logic here. I'm just reflecting what I am seeing.

What is happening to the entire "Shelby line" is what has happened to the Shelby Cobras. They have all become artifacts that seem to create their own emotional response far beyond a brass tax logic?

If you are in the right position they certainly can have their own financial benefits but with that there are certain negative effects the least of which is making them instant museum pieces that have well surpassed the ability sometimes of even super enthusiasts to deal with. Somewhat like a movie or music legend that lives a duality of still a real living human with now what seems like the curse of an icon that can't even appear in public "normally" as the real person they are, just who or what everyone else believes them to be.

What some are willing to pay for just a piece of "the Legend" or whatever it exactly is, is illogical. The strange phenomena is that in my reality, it devalues a complete honest car by comparison.

With people, eventually they will pass and just their memories will survive. With these cars, they seem to take on lives of themselves with an immortality that far survives all of us. A "Frankenstein Monster" of sorts.

It's strange for me living within a legend. It isn't really what I expected.

[cboss70]

I just went out and looked- neat old Shelby. I was curious about fee's and it looks like the buyer has to pay 5% on top of the final price so already the fee is over $3000.  As the price goes up there could be a $5000 premium the buyer will have to pay- impressive business model - crazy!

[KR Convertible]

True, but most auction houses are 10% with no cap.

[CharlesTurner]

True, but most auction houses are 10% with no cap.

Plus the regular consignment fees, transportation and travel expenses to attend the auction.  At normal auctions, the seller also pays commission on the sale, usually a little less than the buyer.

[shelbymann1970]

I just went out and looked- neat old Shelby. I was curious about fee's and it looks like the buyer has to pay 5% on top of the final price so already the fee is over $3000.  As the price goes up there could be a $5000 premium the buyer will have to pay- impressive business model - crazy!

Bat is a great venue for what you said. A seller sells a 3 million dollar vehicle and pays 99 bucks unless an upgraded listing. Big auction house is 300K plus. Buyer pays 5K, big auction house 300K. I like their model.

[GT350Lad]

I agree. Hence why BAT had grown phenomenally in the past few years. Overall a pretty reasonable platform.

[Coralsnake]

I think its safe to say the uninformed rule BaT

[azdriver]

You seem to have your hands full over there Pete....

Pat

[Coralsnake]

Its what we used to call a target rich environment in the military 😀