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-   -   [OT] Why does Reggie Jackson think his cars are worth so much? (https://www.corvetteforum.com/forums/c3-tech-performance/475043-ot-why-does-reggie-jackson-think-his-cars-are-worth-so-much.html)

page62 01-19-2003 09:44 AM

[OT] Why does Reggie Jackson think his cars are worth so much?
 
Yes, I watched ALL FIVE HOURS of the Barrett Jackson auction yesterday. And my wife came in halfway and stayed, too. Just fascinating!

I noticed the only cars that weren't selling were the ones offered up by Reggie Jackson. At one point the crowd even BOOED him because they thought his reserve was so high! It seemed like the guy was wasting everyone's time...

74-Roadster 01-19-2003 09:58 AM

Re: [OT] Why does Reggie Jackson think his cars are worth so much? (page62)
 
Well, keep in mind he played too long ago, before $10,000,000/year was possible. So he's got to make some money somewhere! :lol: :lol:

Teuffelhunde 01-19-2003 10:03 AM

Re: [OT] Why does Reggie Jackson think his cars are worth so much? (74-Roadster)
 
I think I watched an hour of that. When I changed channels the '54 'vette was the high seller. Did it stay that way? Some very nive cars!! :sad: Wish I had that kind of money! :auto:

Gordonm 01-19-2003 10:05 AM

Re: [OT] Why does Reggie Jackson think his cars are worth so much? (74-Roadster)
 
Maybe he paid to much for them in the first place and he needs to get so much out of them. He probably thinks just because he owned them it makes the value go up. Same thing with a Don Johnson car. Just because it was made for him or he owned it the value should go up. I think most of those cars there are over priced. I was amazed at the people who work the show. Nothing more than glorified used car salesman. They keep hounding the person for a higher bid. Once they say that is it they keep on hounding them. I realize it is a different type of person who is there but I think they drive the price up. Some nice cars there but for the money they are spending I could build a real nice car. JMO

NHvette 01-19-2003 10:07 AM

Re: [OT] Why does Reggie Jackson think his cars are worth so much? (Teuffelhunde)
 
Yeah - Reggie sure seemed to have a big head, but ...

I'm sure glad he pulled a few of those cars out to show off.

They were boo-ing the Camaro ZL-1 - reserved at 330K (replacement block -
with original block included :rolleyes: ) .

Reg, It's just an engine. :seeya


[Modified by NHvette, 10:07 AM 1/19/2003]

QuickVet 01-19-2003 10:35 AM

Re: [OT] Why does Reggie Jackson think his cars are worth so much? (NHvette)
 
I think you guys are too hard on him. He earned those cars and shouldnt be giving them away. I cant believe people were booing him, that is wrong.

I would like to see what you would do if someone told you what you should sell your car at :smash: especially if there were only 56 of them ever made.

ram82fire 01-19-2003 10:40 AM

Re: [OT] Why does Reggie Jackson think his cars are worth so much? (QuickVet)
 
:iagree: :iagree: :iagree:


:steering: geo

lbell101 01-19-2003 11:33 AM

Re: [OT] Why does Reggie Jackson think his cars are worth so much? (Ed T)
 
My Barret-Jackson / Reggie story.
I used to sell restored gas pumps at BJ. Of course Reggie was always there selling cars. The auctioneers big saying at that time (1990?) was "and he'll even sign the title". Like that's a big selling point. Like he could sell te car without signing.
Anyway he comes around to my outdoor spot and asks "who's the boss here". I said my brother and I were partners. He threw me a low ball price on a pump. I said NO in a somewhat insulted tone. He stood and looked for a minute then he and his people walked on down the row. This couple walks up to me and says "Do you know who that was?" I said "Ya, but I'm not giving that pump away to ANYONE." The couple looked over the pump Reggie wanted and bought it at full price! Thanks Reggie!

May God strike me dead if this isn't a true story.

Larry

The Saint 01-19-2003 12:42 PM

Re: [OT] Why does Reggie Jackson think his cars are worth so much? (lbell101)
 

This couple walks up to me and says "Do you know who that was?" I said "Ya, but I'm not giving that pump away to ANYONE." The couple looked over the pump Reggie wanted and bought it at full price! Thanks Reggie!
I laugh when people say things like what that couple did. I mean, who is Reggie Jackson anyway? Aside from being able to hit a baseball pretty far and making a lot of money for doing so, he's just like everyone else. No better or worse.


gdh 01-19-2003 12:51 PM

Re: [OT] Why does Reggie Jackson think his cars are worth so much? (The Saint)
 
Since they don't make Reggie bars anymore he something to make up for that lost income. :lolg:

Mag Red Man 01-19-2003 12:57 PM

Re: [OT] Why does Reggie Jackson think his cars are worth so much? (The Saint)
 
There's an old saying that goes something like "the value of something is whatever somoeone is willing to pay for it" regardlees of what you and I may think it's worth.

I noticed that the TV people didn't know too much about the Muscle cars...comments like "what a TH400?" and "is the 409 related to the 348?" etc.


PRNDL 01-19-2003 01:06 PM

I didn't see the Reggie car that got booed. I heard he only took one car home. He only had reserves on a few cars and I think he loves those cars and just takes the attitude, "If somebody wants to get crazy I will sell it but otherwise I am keeping it" A lot of us feel that way - Make me an offer I can't refuse, otherwise I am not selling. Reggie has achieved a certain level of credibility in the muscle car market. Don Johnson on the other hand.... :rolleyes: :rolleyes: I hope the buyer of that TV car has a museum and can make money off the car. I am afraid the buyer actually thinks he bought a Hemi Cuda! :lol:

I also was really put off by the woman who was working the bidders. She kept putting her hands on the guys and you could practically hear her.. "Comeon big boy, can't you get it up for one more thou?" :lol: If I was there I would ask her to please not touch me! MJ

ken markusa 01-19-2003 01:09 PM

Re: [OT] Why does Reggie Jackson think his cars are worth so much? (gdh)
 
Reggie's all about Reggie love him as a ballplayer but thats it just because he owns a car doesn't make it more valuable he isn't the end all be all authority on muscle cars as the announcers were making out, ZL-1's are south of 300K what the car was bid to was a fair price and from what i understand the original block is JUNK :smash: :smash: , if it wasn't it would be in the car.
Ken :cheers:

PatsLs1vette 01-19-2003 01:40 PM

Re: [OT] Why does Reggie Jackson think his cars are worth so much? (QuickVet)
 
I agree with quickvet,reggie has had so many cars over the years he even lost i think 60 in a fire in one of his warehouses years back.All of his cars are top of the line either originals or restos.Its just like someone coming up to you and saying ill giveyou 5000 for your vette but you think its worth 10000 you gone to sell it for 5000,i dont think so.

69 N.O.X. RATT 01-19-2003 02:57 PM

Re: [OT] Why does Reggie Jackson think his cars are worth so much? (patsnitrovette)
 
I have a good friend of mine that was in Reggies close innner circle for several years, he still maintains some contact with him. Like most celebrities at that level, he is an arrogant butthole with a seriuos sense of intitlement.

A blown up ZL-1 for $330,000.00, are you kidding Reggie? Give me a break.

Rick68 01-19-2003 03:21 PM

Re: [OT] Why does Reggie Jackson think his cars are worth so much? (69 N.O.X. RATT)
 
:iagree: Why is it the people that have big $$$ don't feel that they should have to pay or want it for next to nothing :rolleyes:

fauxrs 01-19-2003 03:53 PM

Re: [OT] Why does Reggie Jackson think his cars are worth so much? (73Stingraycoupe)
 

:iagree: Why is it the people that have big $$$ don't feel that they should have to pay or want it for next to nothing :rolleyes:
Most people with that kind of money, didnt get it by paying full price or asked for price on things, people with that kind of money are aften the stingiest of all. Just because they can buy and sell most people doesnt mean they dont want to sell at top dollar and pay bottom - its just business to them.

I saw only a portion of the auction, and a couple of the cars he sold seemed to go at a decent price to me. 300k though :skep: NOT!

The Saint 01-19-2003 04:09 PM

Re: (MNJack)
 

I also was really put off by the woman who was working the bidders. She kept putting her hands on the guys and you could practically hear her.. "Comeon big boy, can't you get it up for one more thou?" :lol: If I was there I would ask her to please not touch me!
Not me.

https://temp.corvetteforum.net/c5/yo...e//idhitit.gif

redvetracr 01-19-2003 04:24 PM

Re: [OT] Why does Reggie Jackson think his cars are worth so much? (page62)
 
I just hope I wasn`t the only smart one, I taped it and blew through the stuff that didn`t interest me. I think Reggie was hoping that one more "fool" would pay mega bucks for a car he couldn`t afford when he was a kid and now that he has "struck it rich" can afford anything!! btw are you guys aware that the Grandsport that Penske drove sold at Monterey (after the race) for $4M as in MILLION!! ...redvetracr

mapman 01-19-2003 05:09 PM

Re: [OT] Why does Reggie Jackson think his cars are worth so much? (ken markusa)
 

... he isn't the end all be all authority on muscle cars as the announcers were making out ....
Probably not the end all authority on muscle cars - but - I bet he knows more than the announcers.

The announcers made some :crazy: :eek: :bs statements at times. If you don't know about the car, then you ought to be quiet and not display your ignorance. I especially liked the "urban legend" comment about Corvette build sheets.


Solidlifters 01-19-2003 05:29 PM

Re: [OT] Why does Reggie Jackson think his cars are worth so much? (mapman)
 
Announcers made some BS remarks "at times"?????????? I found a high percentage of their comments to be BS. One of Alan D's classics from last year sticks in my mind: "the 387 cubic inch small block Chevy is one of my all time favorites". This year he described the 67 GTO (which would've been a 400 if original) as a 389 with 380HP. The announcer's continual babbling and mis statement of details is really an embarrassment for Barrett Jackson. I'd equated it to getting a rugby announcer from Europe to come and do the network commentary on the Superbowl, even though he'd never attended a football game and knew nothing of the rules. I hope BJ gets other E Mail complaints besides mine, because I find the EXTREMELY POOR commentary to be a major distraction to an otherwise very entertaining event.

As far as Reggie's ZL1, actually there were 69 of em, rather than the 54 somebody else thought. I've seen these cars recently creep to 200K, but don't personally know of a documented sale much in excess of that number and these cars had THE orginal motor installed in the car. It's my understanding the the original block for Reggie's white car is now little more than an additional piece of documentation, having been damaged beyond repair. I was astonished that two people bid the car to 270, or whatever it was. To no sale and quote a $330 reserve just displayed a lack of desire to sell it. I'm very suspicious that it was a conspiracy to grand stand a little and impress the crowd and TV audience, and there was no intent to sell it from the beginning.

The red/red 67 435 coupe was another mystery at 125. They alledged that it was the only red/red 435 coupe known. I seriously doubt the claim, but even so, big deal, it sure isn't a huge price enhancer. I haven't seen 435 coupes get in this price range and the roadsters that sold seemed closer to the real market, or maybe a little low. For that car to have commanded that kind of price I'd have expected only a couple thou. miles and original paint, which if either was present I missed it in the description.

ken markusa 01-19-2003 05:40 PM

Re: [OT] Why does Reggie Jackson think his cars are worth so much? (mapman)
 

... he isn't the end all be all authority on muscle cars as the announcers were making out ....

Probably not the end all authority on muscle cars - but - I bet he knows more than the announcers.

The announcers made some :crazy: :eek: :bs statements at times. If you don't know about the car, then you ought to be quiet and not display your ignorance. I especially liked the "urban legend" comment about Corvette build sheets.

I know Reggie knows cars it's just the announcers made it sound like they were worth a premium because they were a Reggie car, which i don't think tey are. Brock Yates was esspecially dissapointing in his commentary couldn't tell a Challenger from a 'Cuda for goodness sake he owns/owned a Challenger :crazy: :confused:
I missed the "urban legend " build sheet thing though i guess i'll have to go through the tape.
Ken :cheers:

SBR 01-19-2003 08:15 PM

Re: [OT] Why does Reggie Jackson think his cars are worth so much? (Solidlifters)
 

Announcers made some BS remarks "at times"?????????? I found a high percentage of their comments to be BS. One of Alan D's classics from last year sticks in my mind: "the 387 cubic inch small block Chevy is one of my all time favorites". This year he described the 67 GTO (which would've been a 400 if original) as a 389 with 380HP. The announcer's continual babbling and mis statement of details is really an embarrassment for Barrett Jackson. I'd equated it to getting a rugby announcer from Europe to come and do the network commentary on the Superbowl, even though he'd never attended a football game and knew nothing of the rules. I hope BJ gets other E Mail complaints besides mine, because I find the EXTREMELY POOR commentary to be a major distraction to an otherwise very entertaining event.

As far as Reggie's ZL1, actually there were 69 of em, rather than the 54 somebody else thought. I've seen these cars recently creep to 200K, but don't personally know of a documented sale much in excess of that number and these cars had THE orginal motor installed in the car. It's my understanding the the original block for Reggie's white car is now little more than an additional piece of documentation, having been damaged beyond repair. I was astonished that two people bid the car to 270, or whatever it was. To no sale and quote a $330 reserve just displayed a lack of desire to sell it. I'm very suspicious that it was a conspiracy to grand stand a little and impress the crowd and TV audience, and there was no intent to sell it from the beginning.

The red/red 67 435 coupe was another mystery at 125. They alledged that it was the only red/red 435 coupe known. I seriously doubt the claim, but even so, big deal, it sure isn't a huge price enhancer. I haven't seen 435 coupes get in this price range and the roadsters that sold seemed closer to the real market, or maybe a little low. For that car to have commanded that kind of price I'd have expected only a couple thou. miles and original paint, which if either was present I missed it in the description.
I was there and I agree in that the red coupe was way over priced but it was a beautifully restored car. As far as the Reggies cars are concerned I personally would not pay a premuim for it because he owned it. I was there to inspect the 68L88. See my post on L88 gets 125K :cheers:

Solidlifters 01-19-2003 09:07 PM

Re: [OT] Why does Reggie Jackson think his cars are worth so much? (ken markusa)
 
I missed the "urban legend build sheet" comment, but did hear Alan and the other know nothing talking about the "secret sheet" on the tank on the 66.

stingray_76 01-19-2003 11:54 PM

Re: [OT] Why does Reggie Jackson think his cars are worth so much? (page62)
 
:mad

adamdinat 01-20-2003 01:31 PM

Re: [OT] Why does Reggie Jackson think his cars are worth so much? (page62)
 
Collecting at that level the prices are all tremenously subjective based on who wants these cars. 200-300k, It all based on hyping the desireablity. Putting a personalities name on a car adds something for some people in that market. For most of us these venues do provide a nice opportunity to get a look rare cars in perfect condtion. The perception that old muscle cars are rare, expensive and owned by clebs adds a little mystique (and value) for all of us. Personally a driver that I repair myself provides the satisfaction I need in this hobby.

Makonut 01-20-2003 01:56 PM

Re: [OT] Why does Reggie Jackson think his cars are worth so much? (page62)
 
I think Reggie culled most of the cars he really wanted gone. Now. They say a fool and his money are easily parted. The Don Johnson Cuda. What a joke. That is a 30 grand car all day long and I do not care whose butt sat in the seat. 132.000.00+ is moronic in my opinion. The vettes did extremely well. I was glad to see that.


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