Barrett-Jackson auction prices 2009?
I watch this auction every year, as do my brother and brother-in-law and we all agreed that prices were down. The big example cited by the announcers was the 69 Camaro COPO ZL-1 I believe that sold for under $ 300,000. A similar car last year sold for $ 800,000 plus. There was also a lack of celebrity attendance at this show and a lack of attendance in general. This was a good year to be a buyer at this show. A #1 57 Chevy convertible barely got to $ 100,000 when they were hitting $ 150,000 last year. Locally at the Goodguys car corral, we are seeing lower prices. The economy and stock market losses have evaporated a lot of wealth in this country, and collector cars are not a necessity by any means. If you've got the money this is a great time to get that collector car you have always wanted.