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An audiophile and petrolhead's journal: Buckle up! - Page 376

post #5626 of 7475
I just saw the L88 NOT sell for $725K. That just seems crazy - a 1 of 20 Lambo is $135K, and a Chevy is over $725K?? I know they are rare, but really??
post #5627 of 7475
Well did you get the Lambo for $120K?
post #5628 of 7475
Thread Starter 
Quote:
Originally Posted by billybob_jcv View Post

Well did you get the Lambo for $120K?


Eventually... and a tractor! Update tonight.
post #5629 of 7475
Quote:
Originally Posted by billybob_jcv View Post

I just saw the L88 NOT sell for $725K. That just seems crazy - a 1 of 20 Lambo is $135K, and a Chevy is over $725K?? I know they are rare, but really??


I think we can thank BJ for running up the prices artificially for Detroit muscle. On the other hand exotic collectors must just be shaking with glee to be able to shop at bargain basement prices;)

post #5630 of 7475
Quote:
Originally Posted by Magick Man View Post

Eventually... and a tractor! Update tonight.

Well, of course! Whoever bought the Diablo HAD to buy the next lot - a tractor signed by Mario Andretti!
post #5631 of 7475
Thread Starter 
That was such a messed up lot, the Diablo, that is. The bidding lasted for a grand total of 30 seconds, that's not an exaggeration. One guy bid, then I bid, then first guy, then third guy, reserve came off, first guy bid, third guy drops out, I'm trying to get my bid assistant's attention, he's turned to look at someone else... and the hammer drops.

WTF?!? mad.gif

I almost went postal and yell at the assistant, "Were you trying to ignore me?!" His eyes were huge and he kept apologizing over and over, "I wasn't, I don't know what happened. I was about to turn back to you and it hammered."

So I stormed down to the front, Dana and his son Frank catch me like 20' from the stage. I yell, "What in the hell was that?!" They're like, "Whoa, whoa, calm down." I'm livid. Dana takes off, and by then I'm feeling a little crappy for shouting, but not so bad that it cools me down. Frank says, "That was way too fast, we'll get to the bottom of this. Just relax." Then Dana came trucking back, with the guy who won trailing behind him, and my wife had come down by then, too. Dana says, "I'm sorry, it's my fault I told the auctioneer to speed things up, because we're behind, and he just got carried away. I'm sorry, I owe you one". My wife then piped up, "You owe us a `98 Diablo SV Monterey Edition? Sounds good to me". He shook his head, "No, no, but we'll make it right", by that point Dana Mecum's face was getting red, and worse, I could tell my wife was about to let them all have it, and we'd probably get kicked out by security, because she'd start using words that would make a sailor blush. rolleyes.gif

Then the guy who won the car jumps in, "What were you willing to go up to?" I shrug, "Not a lot more than that, maybe 130. It isn't worth more, even with all the aftermarket work." The man then, I'm not joking, gave me a strange look and asked, "What aftermarket work?" I looked at him, then at Dana, then back at him. "Those superchargers, they're aftermarket, and so are 60% of the mechanicals on that car." He looked at all of us, "It says that it's factory modified!" I shook my head, "No, it has factory-modified gearing, all the other performance mods on the car were done by a tuner shop." He throws his hands up in the air. "Well hell, I don't even want the f****** thing! That's false advertising!"

So anyway, that's that. I ended up getting it. But, in the guy's defense, go read the car description closely. Taking off my "car guy" knowledge hat, looking at it like a less experienced buyer, I can 100% see how he got confused. Even the Gold pass info page doesn't have additional info. Also, remember what I said about how cleanly it was modified? Ironic how that sort of became part of the problem, in this situation. There's even a custom CF shroud, not shown in those pictures, that fits over the lower part of the engine bay, completely covering up the centrifugal blowers. I'm not saying Mecum was playing dirty here, but whoever wrote that up, or allowed it to be published that way, needs a kick in the pants. Eventually the buyer would have found out, and I very much doubt he would have been too understanding when he did. redface.gif
post #5632 of 7475
Quote:
Originally Posted by Magick Man View Post

That was such a messed up lot, the Diablo, that is. The bidding lasted for a grand total of 30 seconds, that's not an exaggeration. One guy bid, then I bid, then first guy, then third guy, reserve came off, first guy bid, third guy drops out, I'm trying to get my bid assistant's attention, he's turned to look at someone else... and the hammer drops.

WTF?!? mad.gif

I almost went postal and yell at the assistant, "Were you trying to ignore me?!" His eyes were huge and he kept apologizing over and over, "I wasn't, I don't know what happened. I was about to turn back to you and it hammered."

So I stormed down to the front, Dana and his son Frank catch me like 20' from the stage. I yell, "What in the hell was that?!" They're like, "Whoa, whoa, calm down." I'm livid. Dana takes off, and by then I'm feeling a little crappy for shouting, but not so bad that it cools me down. Frank says, "That was way too fast, we'll get to the bottom of this. Just relax." Then Dana came trucking back, with the guy who won trailing behind him, and my wife had come down by then, too. Dana says, "I'm sorry, it's my fault I told the auctioneer to speed things up, because we're behind, and he just got carried away. I'm sorry, I owe you one". My wife then piped up, "You owe us a `98 Diablo SV Monterey Edition? Sounds good to me". He shook his head, "No, no, but we'll make it right", by that point Dana Mecum's face was getting red, and worse, I could tell my wife was about to let them all have it, and we'd probably get kicked out by security, because she'd start using words that would make a sailor blush. rolleyes.gif

Then the guy who won the car jumps in, "What were you willing to go up to?" I shrug, "Not a lot more than that, maybe 130. It isn't worth more, even with all the aftermarket work." The man then, I'm not joking, gave me a strange look and asked, "What aftermarket work?" I looked at him, then at Dana, then back at him. "Those superchargers, they're aftermarket, and so are 60% of the mechanicals on that car." He looked at all of us, "It says that it's factory modified!" I shook my head, "No, it has factory-modified gearing, all the other performance mods on the car were done by a tuner shop." He throws his hands up in the air. "Well hell, I don't even want the f****** thing! That's false advertising!"

So anyway, that's that. I ended up getting it. But, in the guy's defense, go read the car description closely. Taking off my "car guy" knowledge hat, looking at it like a less experienced buyer, I can 100% see how he got confused. Even the Gold pass info page doesn't have additional info. Also, remember what I said about how cleanly it was modified? Ironic how that sort of became part of the problem, in this situation. There's even a custom CF shroud, not shown in those pictures, that fits over the lower part of the engine bay, completely covering up the centrifugal blowers. I'm not saying Mecum was playing dirty here, but whoever wrote that up, or allowed it to be published that way, needs a kick in the pants. Eventually the buyer would have found out, and I very much doubt he would have been too understanding when he did. redface.gif


Tales from Auctionland:) You just have to love that.

From the copy you would have to really know the production run to understand the SC's were a third party addition.

Since when did "speed things up" equate to drop the hammer in a half minute? The seller must have been as livid as you and the wife.

post #5633 of 7475
Yup - I read the description and a bell went off in my head: "Dual Superchargers?" So then I googled and figured out that the superchargers weren't part of the "SV" or "Monterey Edition". But if you are going to state that it is a 1 of 20, then you darn well better be clear on what is being sold. I've said before that I think Mecum is often skirting the line on disclosure. I know they have a ton of cars, but good grief - this isn't like buying headphones on eBay - there is serious money on the line. Every seller should be *required* to list all restoration and modification details, and Mecum needs to be willing to stand behind the descriptions they publish. I've seen better descriptions at police seizure auctions. If Mecum isn't going to offer any more assurance than an eBay auction, then why should anyone pay the higher auction fees?

Oh - and the description of the Diablo at Mecum is a direct cut & paste from Wikipedia - except for the very last sentence that mentions the superchargers.
Edited by billybob_jcv - 1/26/14 at 10:38am
post #5634 of 7475
Thread Starter 
I knew it wasn't, because I live this stuff, but I had to explain it to my wife and my mechanic. They had no idea either, and thought they were Lambo mods. Here's the deal, however, it's a Gemballa Limited modification. They bought the cars, 3 of them in the same color and spec, rebuilt/beefed-up the drivetrains with Lamborghini's help, and then sold them for a $150k markup (near $450k, which at that time was crazy). So while they aren't factory, they aren't low rent shed rebuilds, either. You could say they're "unofficially official". It's every bit as solid and professional as the Heffner or Shelby work today, and I'd challenge anyone to blow up one of our powerplants without abusing it (constantly bouncing the RPMs off the limiter). 790whp is something, RWD w/ a MT means >900hp at the crank... no nannies or driving aids, at all, aside from ABS. "Diablo" suits this car, maybe more than any other.
post #5635 of 7475
Quote:
Originally Posted by billybob_jcv View Post

Yup - I read the description and a bell went off in my head: "Dual Superchargers?" So then I googled and figured out that the superchargers weren't part of the "SV" or "Monterey Edition". But if you are going to state that it is a 1 of 20, then you darn well better be clear on what is being sold. I've said before that I think Mecum is often skirting the line on disclosure. I know they have a ton of cars, but good grief - this isn't like buying headphones on eBay - there is serious money on the line. Every seller should be *required* to list all restoration and modification details, and Mecum needs to be willing to stand behind the descriptions they publish. I've seen better descriptions at police seizure auctions. If Mecum isn't going to offer any more assurance than an eBay auction, then why should anyone pay the higher auction fees?

Oh - and the description of the Diablo at Mecum is a direct cut & paste from Wikipedia - except for the very last sentence that mentions the superchargers.


Well somewhere along the line in auctionland they got the idea that a hundred grand is a Trivial amount of money. This has lead to a lack of diligence in some areas.

post #5636 of 7475
Thread Starter 
As for Mecum, they say that the sellers supply the copy for the descriptions and then their web editor proofreads them for errors or factual discrepancies. I think they need to be more diligent, because this kind of thing could give them a black eye. Their rep is a lot better than BJ's, and I personally know they're good guys, but it doesn't take many lapses to change public perception.
post #5637 of 7475
If the paragraph you just wrote on the Diablo had been in the description, then no one would have been confused! I think Mecum should be willing to place the car into a category, maybe something like:

- Factory Original
- Restored to Original
- Performance Modified
- Restored and Performance Modified
- Custom Build or Race Car

The Diablo would have been in the "Performance Modified" category. I think doing this would make it easier for the folks that are looking for originals to be separated from those that are willing to buy performance mods.
Edited by billybob_jcv - 1/26/14 at 5:33pm
post #5638 of 7475
Thread Starter 
Quote:
Originally Posted by billybob_jcv View Post

If the paragraph you just wrote on the Diablo had been in the description, then no one would have been confused! I think Mecum should be willing to place the car into a category, maybe something like:

- Factory Original
- Restored to Original
- Performance Modified
- Restored and Performance Modified
- Custom Build or Race Car

The Diablo would have been in the "Performance Modified" category. I think doing this would make it easier for the folks that are looking for originals to be separated from those that are willing to buy performance mods.

I agree, with all of that. A lot of times you'll see vettes that cross the block and they're "Bloomington Gold" or "Top Flight" award winners, which means those cars are certified "original unrestored" or "properly restored to original", respectively. But there aren't such organizations and certification systems for most other makes and models (there is for Mopar), and that does cause a lot of misunderstandings. Partly it's my prejudice, but I've not yet seen a muscle car I'd pay 500k for, much less 2-3M. Of them all, hemi `cudas and FB Mustangs are my favorites, but I wouldn't lay down that kind of money for one, except maybe an original Bullitt Mustang. I forgot one other car we bought, but I'm not sure if I'm going to keep it. Given the low mileage, we got it for $20k under book value (34k miles), we may give it a good detailing and sell it to pay for the trip expenses. smily_headphones1.gif

Anyway, we're back now, Florida was nice but there's no place like home. I haven't forgotten the contest before, but we had like a 3-way tie, so lets just make this sudden death. Name this car I saw last week (make/model):


post #5639 of 7475
Quote:
Originally Posted by Magick Man View Post


I agree, with all of that. A lot of times you'll see vettes that cross the block and they're "Bloomington Gold" or "Top Flight" award winners, which means those cars are certified "original unrestored" or "properly restored to original", respectively. But there aren't such organizations and certification systems for most other makes and models (there is for Mopar), and that does cause a lot of misunderstandings. Partly it's my prejudice, but I've not yet seen a muscle car I'd pay 500k for, much less 2-3M. Of them all, hemi `cudas and FB Mustangs are my favorites, but I wouldn't lay down that kind of money for one, except maybe an original Bullitt Mustang. I forgot one other car we bought, but I'm not sure if I'm going to keep it. Given the low mileage, we got it for $20k under book value (34k miles), we may give it a good detailing and sell it to pay for the trip expenses. smily_headphones1.gif

Anyway, we're back now, Florida was nice but there's no place like home. I haven't forgotten the contest before, but we had like a 3-way tie, so lets just make this sudden death. Name this car I saw last week (make/model):



Allard j2

post #5640 of 7475
Yup - Hut is right - I even mentioned the Allard J2 back about a dozen pages. There was one in the old "The Fast and the Furious" Roger Corman film I watched a couple of weeks ago.

I was asleep at the switch... tongue.gif
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