BARGAINS AT BARRETT-JACKSON

BARGAINS AT BARRETT-JACKSON
- Larry Edsall

2006 Ford Mustang customized by By now you know there were no million-dollar cars at Barrett-Jackson's inaugural Las Vegas auction.

Hard to believe, isn't it? A Barrett-Jackson auction and not only were there no million-dollar cars, there were no half-million dollar cars.
In fact, in going through the auction results, I found only four cars that sold for a quarter of a million dollars or more:

$330,000 for a 2006 Ford Mustang customized by "Funkmaster Flex"
$313,500 for the 1949 MG TC that was the first car ever raced by Carroll Shelby
$260,700 for a 2003 Saleen S7 sports car
$225,500 for a highly customized 1954 Rolls-Royce Silver Dawn sedan

Nonetheless, something like 15,000 people showed up on opening day and by the time the three-day event concluded $29.1 million in collector vehicles had changed owners.

Barrett-Jackson president Steve Davis noted that half of those bidding had never been to a collector car auction before. "At times," added Craig Jackson, "the bidding went in smaller increments because some of the bidders were less experienced."

Whether it's the overall economy or all the new bidders, maybe there's finally an opportunity for those of us of more modest means to get our dream machines.

With that in mind, I paged through the Barrett-Jackson catalog and results sheets and discovered some relatively affordable classics I'd love to have in my garage:

Read More Here: http://tinyurl.com/ClassicRag06