[AMC-list] 71 Matador- steve Green auction cars.

[ksiroonian@xxxxxxx]

 I attended the Steve Green Auction and just found my listing of all the cars that were sold and the pricing that I logged.
 I went because I was particularly interested in the low miles 74 Javelin pricing to get an idea of what a similar car with low mileage might be worth. It went for $33,500 plus fees. I thought , and was hoping it would have brought 40+.

Anyway, the 71 Matador sold for $6250.  Bear in mind that the buyers  have to pay a $100 fee just to enter the auction, and there was also a buyer's and Sellers premium on the sale of the car, on top of the selling price .I think it was 5% each but am not positive. There were some good buys there but I didn't register, I really felt it was insulting to hold an auction, charge  a buyer and seller 5% premium AND charge someone a fee just to be entitled to bid, but that's me. Just didn't want to waste a hundred bucks. I am sure there might have been others there that might have bid on cars to buy, but didn't want to spend the registration fee,.and IMHO, the more buyers that are at an auction and might bid, being caught up in the moment,  would have bid up the pricing and more money might have been  raised on the AMC cars that had slow bid starts or were priced below their worth- I know that I might have done that. Guess It is good I didn't, though. no more room to house any more
 .  I guess I have enough. My family would not have welcomed me back home if I had brought home another child to garage and feed. LOL. The Auction house made good money on this deal, earning 10% and the fees. I guess I have heard that some or many of the cars were bought by non AMC collectors but used car dealers just trying to make a buck and churn them. I wondered if many in the AMC groups bought some. I did see that 74 Javelin advertised for sale a few months later 
by another auction house. Any idea what it went for there.

Also for what its worth, prior to the AMC auction there was an auction of other make classic and muscle cars and many of those had reserves that were not met and not sold. From people I talked to, the, pricing was way down on most vehicles, due to lack of demand, lack of money due to the economy. There was a gorgeous 57 I think Ford convertible Skyliner  that did not reach its bid., amongst many others. The were auctions of other cars after the AMC auction on Saturday and then also on Sunday if I recall, though I left for home on Sunday morning.
regards and happy holidays to all.
AMC Ken/Boston

 

 


Today's Topics:

   
   4. Re: One of the nicer Steve Green Collection cars (Garry Nordstrom)


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----- Original Message ----- 
From: "Joe Fulton" <piper_pa20@xxxxxxxxxxx>
To: "Rambler Nash Jeep and familyAMC" <amc-list@xxxxxxxxxxxx>
Sent: Saturday, December 12, 2009 9:27 AM
Subject: Re: [AMC-list] One of the nicer Steve Green Collection cars


> Some of the results of the Steve Green auction were posted on the web. 
> Does anyone know what that Matty sold for at auction?  'Also,
> if there WERE an AMC museum somewhere, maybe Kenosha, that car and cars 
> like it should be preserved for posterity.
>
> Joe Fulton (who won't be donating anything soon either)
>
>
> --- On Sat, 12/12/09, William 'Chip' Lamb <chip@xxxxxxxxxx> wrote:
>
>> From: William 'Chip' Lamb <chip@xxxxxxxxxx>
>> Subject: [AMC-list] One of the nicer Steve Green Collection cars
>> To: amc-list@xxxxxxxxxxxx
>> Date: Saturday, December 12, 2009, 7:15 AM
>> Here's something for the AMC list to
>> enjoy looking at on a Saturday morning - a '71 Matador with
>> under 9,700 original miles.
>>
>> http://richmond.craigslist.org/cto/1504812649.html
>>
>> Chip
>> 40 Nash Ambassador Six convertible, 4021
>> 71 Matador
>>
>> --
>> William "Chip" Lamb
>> Richmond, VA - 804-357-4926
>> Freelance Automotive Journalist
>> Representing
>> http://www.classicmotorsports.net/
>> http://www.sportscarmarket.com/
>> http://www.vettemarket.com/
>>
>> _______________________________________________
>> AMC-list mailing list
>> AMC-list@xxxxxxxxxxxx
>> http://list.amc-list.com/listinfo.cgi/amc-list-amc-list.com
>>
> _______________________________________________
> AMC-list mailing list
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> http://list.amc-list.com/listinfo.cgi/amc-list-amc-list.com 



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