What a little history can do for values

[Marks71]

This was in my latest Hemmings Motor News auction results. It belonged to a buddy who took it up to Mecum Monterey. It hammered for 200k. He got 180 and the buyer paid 210. Previously owned by Paul Walker.         Crazy

[Chris shipley]

13 minutes ago, Marks71 said:

This was in my latest Hemmings Motor News auction results. It belonged to a buddy who took it up to Mecum Monterey. It hammered for 200k. He got 180 and the buyer paid 210. Previously owned by Paul Walker.         Crazy

How true 

[DragCat]

Do you think it being Paul Walkers added to the price? That wouldn't have mattered to me. But I did see a gorgeous 69 Z28 crossram intake hammer for 160 or 180

[Michael Boyte]

52 minutes ago, DragCat said:

Do you think it being Paul Walkers added to the price? That wouldn't have mattered to me. But I did see a gorgeous 69 Z28 crossram intake hammer for 160 or 180

Absolutely, without the name being attached to it, it's a $30,000 ride at best. Sooner or later people will not know who Paul Walker was . And you would be looking at over 100k to restore it. As I am sure Paul had planned to do. 

[willie]

1 hour ago, DragCat said:

Do you think it being Paul Walkers added to the price? That wouldn't have mattered to me. But I did see a gorgeous 69 Z28 crossram intake hammer for 160 or 180

 

24 minutes ago, Michael Boyte said:

Absolutely, without the name being attached to it, it's a $30,000 ride at best. Sooner or later people will not know who Paul Walker was . And you would be looking at over 100k to restore it. As I am sure Paul had planned to do. 

I agree with you guys but if those 2 buyers have that much money to burn, doesn't matter to them. They just wanted that car!!  Didn't matter the hammer price, they just wanted it!!!!!!    

Wish i had that money to burn!!!  lol

[Marks71]

2 hours ago, Michael Boyte said:

Absolutely, without the name being attached to it, it's a $30,000 ride at best. Sooner or later people will not know who Paul Walker was . And you would be looking at over 100k to restore it. As I am sure Paul had planned to do. 

Roger Rodas, the driver of the Porsche  they were killed in was partnered with Paul to do a restoration. The car was accompanied with some paperwork that had Paul’s signature. Not sure about Roger though.The person who bought it loved the patina and had no plans to restore it. It seams “patina” got real popular when paint jobs got insanely expensive. Remember Earl Scheib back in the 60s? “I’ll paint any car for $29.95” he also offered $10.00 free body work.

[Scott S.]

The wrecked Grand National that Vin Diesel drove got about $ 100,000.00 the last time it sold, and Mel Gibson's Falcon from Mad Max is valued in the high 6 figures.....

It's just a matter of how badly someone wants a little piece of history. 

[Michael Boyte]

1 hour ago, Scott S. said:

The wrecked Grand National that Vin Diesel drove got about $ 100,000.00 the last time it sold, and Mel Gibson's Falcon from Mad Max is valued in the high 6 figures.....

It's just a matter of how badly someone wants a little piece of history. 

I can't help but wonder how the next generation will feel about beat up wrecked or just old movie vehicles, Will they see the same values that some individuals of our generation see. Most of our vehicles will out live us, regardless of what or who's collection they reside in, eventually the holders of those collections will pass and these vehicles will still be there for the next owner.  Just a passing though 😎 However one might say, "who cares, I'll be dead and gone anyway"  😂 

[Blake350]

i don't know...  it sounds nice but that with 200k or so to burn,that would restore a nice group of montes ,which I personally would enjoy alot more... as one fellow member says,  "just my 2 cents!" 

[Blake350]

And as to patina ,a  few months back the cover of Hagerty's "Drivers Club" magazine titled "the patina issue"  very  enjoyable article    there's something to be said about a solid old machine that wears her mileage well...  

[kpcsgasp]

To pay THAT much of a premium shows the buyer had a lot of dollars but not much sense. just my 2 cents😬

[Rob Peters]

44 minutes ago, kpcsgasp said:

To pay THAT much of a premium shows the buyer had a lot of dollars but not much sense. just my 2 cents😬

Kevin, I agree with you, to a point.   Look at it this way, a Chevelle guy may feel Monteholics pay way too much for our beloved Monte's or it may be hard for us to figure out why blue oval fans pay what they may pay for a Ferd.  

I say to each their own.

rob

[kpcsgasp]

1 minute ago, Rob Peters said:

Kevin, I agree with you, to a point.   Look at it this way, a Chevelle guy may feel Monteholics pay way too much for our beloved Monte's or it may be hard for us to figure out why blue oval fans pay what they may pay for a Ferd.  

I say to each their own.

rob

Not arguing with the car itself but to put that much value on a car based on who owned it before you is a bit risky. 

[Rob Peters]

2 hours ago, kpcsgasp said:

Not arguing with the car itself but to put that much value on a car based on who owned it before you is a bit risky. 

No argument on that here.  Risky and maybe foolish.  That is kind of like trying to assess value on a car for family sentimental reasons.  Those reasons are special to you and maybe your family members but it doesn't add value to everyone.

rob

[alain boileau]

🙂My.02 cents Canadien too much money not enough intelligence to be a car guy?

Alain 1970 442 platinum 4spd factory A/C🙂

[Scott S.]

Hey... 

Last summer people were paying up to (and over) $10,000.00 to attend a Taylor Swift concert.....

As a friend of mine said, "It's all about the experience". 

Go figure ???

[kpcsgasp]

3 hours ago, Scott S. said:

Hey... 

Last summer people were paying up to (and over) $10,000.00 to attend a Taylor Swift concert.....

As a friend of mine said, "It's all about the experience". 

Go figure ???

I go back to my previous statement.

[Michael Boyte]

OK.. OK.. LOOK OUT !!! Here comes the Beverly Hillbillies 3 Oldsmobile trucks, they are headed to Barrett Jackson auction in Scottsdale this year . They had better hurry up and sale these, most Gen Z have no idea who or what a Beverly Hillbilly is or was, only our generation has a clue. Actually the Shriners have quite a few of these jalopies and they drive them in the parades, I would expect they would be much more affordable and I would expect the resale would draw more people. I would expect the next generation to care less about owning an old jalopy. 

[Michael Boyte]

On 1/17/2025 at 2:34 PM, Scott S. said:

Hey... 

Last summer people were paying up to (and over) $10,000.00 to attend a Taylor Swift concert.....

As a friend of mine said, "It's all about the experience". 

Go figure ???

So is a full body massage, with or without the happy ending. And you still have $9,800 to experience 😂 😂 😂 

[70white402]

Steve mcqueen’s 917,pwned by Jerry Seinfeld just bid to 25,000,000 at mecum. Seinfeld owning it doesn’t add much value, I think. Most famous, highest selling Porsche ever.

[DragCat]

25 minutes ago, 70white402 said:

Steve mcqueen’s 917,pwned by Jerry Seinfeld just bid to 25,000,000 at mecum. Seinfeld owning it doesn’t add much value, I think. Most famous, highest selling Porsche ever.

Didn't the bid go on ? 

[70white402]

Yes but it got up to 25,000,000.seinfeld, I believe paid 2-3 million 20 years ago.

[Scott S.]

21 hours ago, Michael Boyte said:

So is a full body massage, with or without the happy ending. And you still have $9,800 to experience 😂 😂 😂 

My thoughts EXACTLY !!! 

[Scott S.]

21 hours ago, 70white402 said:

Steve mcqueen’s 917,pwned by Jerry Seinfeld just bid to 25,000,000 at mecum. Seinfeld owning it doesn’t add much value, I think. Most famous, highest selling Porsche ever.

And just how many of George Barris's creations are sitting in collections that will never be passed on.