why did this car auction so low?

Add all of this to the fact that there were a lot of very nice muscle cars down there competing for everyone's money. Only the cream will rise to the top.
If you wanted to get into muscle cars, this would be the auction to go to.
Not a lot of on topic HAMB stuff though.
What I saw was that a lot of the stuff that was going cheap was stuff that no one cared about. Like a Mercedes convert.
Oh, and the Eldo looked real good from about 20 feet. Lots of miles and it looked it.

 

A couple of nice T-buckets yet to go across, should be interesting to see what they bring.

 

Another opinion: prewar restored cars are becoming more plentiful as the older generation p***es on and their heirs are into ricers or sushi bars. The market for restored cars (of common makes like Ford, Chev, and Plymouth) are usually rodders or an older guy adding to his collection. I would venture to guess that there are very few guys in their 20's who are looking for a car to really restore.

At B-J auctions, their Wed prices are also lower...but not as much as Me***. Wed cars are the warmup stuff....and a lot of those cars look great on the camera but might be a bit different in real life. Still, there appeared to be bargains last night. From what I can tell, the high end market is still healthy....high-dollar cars are still being bought/sold/built but the cars that the average guy's budget allows are not selling for what they did a few years ago. Why? Because (1) there are more guys selling their cars because of necessity and (2) there are fewer guys in this category buying cars. More cars, fewer buyers = lower prices. Maybe the govt could have a "free Model A" Ford program for us low income folks?

 

Watched a very very nice shiny black original Model A roadster go across the BJ block, maybe 5 years ago. I believe it was a '29. Sold for $15,000. Even the commentators said it was a heck of a deal.

 

Here's my opinion - it's really simple. It's an AUCTION, for a price to go up there has to be at least two people that want it bad enough. THERE WEREN'T

Why? not that popular of a collector car to start with, not as good looking as a Ford, and a pain to hot rod

 

winning bidder actually paid more due to buyers fees.

 

A lot of the pre-war restord cars I have seen have not brought near the price of hot rods. I had a man talk to me a few years ago about restoring a 29 A RPU. At the time there were 2 restored and 3 hot rods on B-J auction that sold. The stockers didn't bring enough to cover cost of restoring, the rods on the other hand brought 4 times the money. I guess that would make it safe to say that is what people want, rods, not stockers.

 

I enjoyed this thread and many thoughtful posts.
I tend to agree the most with Mike In Tucson. Old collectors are dying off and there are not enough youngsters interested in old parade cars or garage art cars. Too much new Hi Performance stuff right out of the show room. (Reminiscent of muscle car era when rodders started losing interest in tri-five Chevys & Customs.)
I always loved and owned mid-fifties Chryslers. Especially 300 series cars. But alas, they never were worth what any old Chevy was worth. I never understood that. They were beautiful chromed, Hemi powered, luxo barges. But they never had youth appeal, or commanded a decent price.
I have no interest in pre-war anything. So there!

 

It's not a Ford and they are known to have weak rear axle shafts.

 

I'd rather have that than a Model A of the same year, wood or non. Pre-war Fords are so ridiculously over-rated that it's just disgusting to me.

 

That Chevy is a beautiful car and I would be proud to own it but come on man really? Pre war Fords are popular sure, but are you going to tell me a 36 3 window coupe is over rated? That's one of the most beautiful cars ever built.

 

I TOTALLY agree with you on that. My 1931 Dodges are engineered about 5 years or more advanced/ahead of the Fords and even have loads more room in them, but for some reason, my 3-windows would not bring as much as the Ford counterpart.

 

Yeah,both the cosigner and buyer have to pay fees. HRP

 

The answer is easy its a chevy! A bunch of wood with tin nailed to it just the facts.

 

I go with wood as well. My friend restored one to perfection, drove it every day to work, and sold it for $5k to some guy who has movie cars. The restoration of the wood is a pain. The just weren't designed to last like the A bones. Spare parts are hard to find.

 

I could have bought a running, driving '31 Chevy for $5K. Someone at my wife's job had it. Lots of wood and parallel leaf springs instead of transverse.