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Of course everyone saw what the other sharks sold for there over the past couple of days. Pretty anemic in my view. This car is only a data point for celebrity vehicles, which is where BJ shines. I do think it will elevate our cars more in the eyes of the rest of the Porsche world and beyond, and we should have long ago moved up from D investment grade in SCM data base, but I don’t see it moving up that much in grade, if at all.
And you guys panned me for saying that a 928 would sell for seven figures in the next 10 years only about six months ago.
With the Federal Reserve printing dollars without regard for the consequences, and every other central bank on earth competing to keep their currency debased, I say buy hard assets! Dollars, Yen, Euros etc are trash! Classic cars are solid gold as investments right now.
Rebecca De Mornay's mood swings are terrific in this flick!
Movie / celebrity cars are always a crap shoot. I'm still shocked the Bullitt Mustang only sold for $3.74 million but that was January 2020.
2013 one of the Batmobiles sold for $4.6 million
2018 Ferris Bueller "Ferrari" sold for $407,000
2020 "Christine" Plymouth sold for $285,000
2010 Goldfinger DB-5 sold for $4.6 million
2007 A General Lee Charger sold for $9.9 million and it wasn't even from the original TV show
2011 One of the remaining 3 DeLoreans from Back To The Future sold for $541,000 and the proceeds went to the Michal J Fox Foundation, no doubt this would sell for significantly more today
2021 January the Supra from Fast & Furious sold for $550,000
"Eleanor" has sold from $800k - $1 million, not sure which car is which. Years ago a replica went for stupid money.
I can't help but wonder had this car been auctioned at RM or Gooding that the true history would have been sussed out. Even eagle eyes on BaT would have brought it into reality. The choice of using BJ in Houston was a very cleaver. True the world is awash with spendable cash but I don't think that this the sole reason it went where it went.
Do you even know what you are saying here?! You are saying that B-J was the correct place for RB928 to be auctioned... which is the exact opposite of the pre-B-J RB928 sale "consensus" from the know-nothings.
Agree w @linderpat and look forward to the next SCM where they'll need to discuss it. Even if/when it's with disbelief, it raises the profile.
SCM can only arm-chair quarterback it. Instead, the important insight was from those who knew *prior* to the auction that the RB928 sale would be a new leg up for all future 928 sales data points.
None of those are crap-shoot outcomes. Can you show any recent examples of celebrity, movie, TV, or collector car price fails?
If not, consider what that tells us...
I'm honestly not sure what you are going on about here. There hasn't been any price falls in 2021.
It's a crap shoot to guess what they will sell for. Too many factors with one off such cars for a historic comparison, reason why it's a crap shoot LOL, then toss in 2021....... The pre-auction estimate on this car was how much?
I'm not questioning the price at all. There are not many "movie" cars that were a blockbuster and historical hit where the car was a key factor, an actual character of the film. The entire plot revolves around this car.
I bet the DB5 from Goldfinger would shatter the record for movie cars if sold today.
I'm honestly not sure what you are going on about here. There hasn't been any price falls in 2021.
It's a crap shoot to guess what they will sell for. Too many factors with one off such cars for a historic comparison, reason why it's a crap shoot
Crap-Shoot means that sometimes the Seller wins big (e.g. hitting the Hard 8 or Boxcars) and sometimes the Seller loses. Craps out. Price sale fail.
Originally Posted by hacker-pschorr
LOL, then toss in 2021....... The pre-auction estimate on this car was how much?
I'm not questioning the price at all. There are not many "movie" cars that were a blockbuster and historical hit where the car was a key factor, an actual character of the film. The entire plot revolves around this car.
I bet the DB5 from Goldfinger would shatter the record for movie cars if sold today.
I wonder where the Ferrari's from Miami Vice are?
The kit-car Daytona clones from the show might bring more $ than the actual Ferrari Daytonas right now in this market climate, and that would be strong.
They aren't getting parted out to bottom-feeders, for sure. There's no price-fail in celebrity cars right now. Vultures are starving while hogs are feasting.
We are playing a game where you can only win, not lose.
This is not a crap-shoot. This is falling into a gold mine.
Crap-Shoot means that sometimes the Seller wins big (e.g. hitting the Hard 8 or Boxcars) and sometimes the Seller loses. Craps out. Price sale fail.
Oh jeez, that's where you're going with this? Chill out dude.
From Webster:
a risky or uncertain matter.
"predicting any extreme weather event is a scientific crapshoot"
I stand by my statement
Come back to this in 4-5 years when some of these cars start to be re-sold. The problem with that bet is many such cars may never be sold again since they are finding themselves in such massive collections / estates they won't go anywhere for a long time. Possibly the most valuable celebrity car on the planet is Steve McQueen's Jaguar XKSS which will never be sold, unless the Peterson Collection somehow goes bankrupt. So any estimation on value is a complete crap-shoot
The crap-shoot right now is folks buying such cars with the hope to flip as this market continues to climb. Miss the timing before the next stock market dive could cost them money.
Same for Lawrence Stroll's 330 P4. Nobody has any clue what that car would sell for, and we'll never find out.
The $70 million GTO is currently undergoing a complete restoration, what would that sell for once the work is complete? I doubt MacNeil has any interest in selling it.
Also the seller pays an 8% (might be 10% now) commission and capital gains taxes do apply to car sales.
Come back to this in 4-5 years when some of these cars start to be re-sold. The problem with that bet is many such cars may never be sold again since they are finding themselves in such massive collections / estates they won't go anywhere for a long time.
You don't get random outcomes high or low when prices are only climbing, and prices don't plummet when no one is selling.
OK, now *think* about your own point above that the desirable cars aren't going to be sold anytime soon, then extrapolate to the obvious conclusion.
Originally Posted by hacker-pschorr
The crap-shoot right now is folks buying such cars with the hope to flip as this market continues to climb. Miss the timing before the next stock market dive could cost them money.
Same for Lawrence Stroll's 330 P4. Nobody has any clue what that car would sell for, and we'll never find out.
The $70 million GTO is currently undergoing a complete restoration, what would that sell for once the work is complete? I doubt MacNeil has any interest in selling it.
It's not about the stock market, but if you want to say that there will be a downturn if the easy and surplus money in the economy vanishes, then cool. Sure.
..but think about what you are saying above. You don't "miss the timing" during the period when no one is selling. The beginning of a bubble is *precisely* when flippers flourish, not flounder. We've got a ways to go. RB928 was the start, not the finish. We have an entire up-cycle ahead of us, and it is GLORIOUS!
Do you even know what you are saying here?! You are saying that B-J was the correct place for RB928 to be auctioned... which is the exact opposite of the pre-B-J RB928 sale "consensus" from the know-nothings.
Jeezus christie - you're one of those guys. You make one lucky guess on something and now you are the house expert, and you want everyone to know how smart you are. You keep prattling on, and we'll all know for sure. Have you ever heard the expression that even a blind pig....never mind.
Full Documention , with 34k original miles and all history and numerous concours wins.
My car was at the experience center at the same time and was the headline car , shown with the 911's from Bad Boys 3
I thought this 928 was maybe a 250k car. Congrats to the owner ( who I spoke to years ago and also to Porsche about doing a display about Porsche's in the movies. )
There are not many "movie" cars that were a blockbuster and historical hit where the car was a key factor, an actual character of the film. The entire plot revolves around this car.
I bet the DB5 from Goldfinger would shatter the record for movie cars if sold today.
I wonder where the Ferrari's from Miami Vice are?
A good example of a great movie car was the 2020 sale of the 1968 Mustang from the movie, BULLITT. It sold for 3.74 MM
To say one is more iconic than the other, that's up to the buyer. I like them both, but see much more value in the Mustang from BULLITT over the 928 in Risky Business. I think the "market" agreed, as one might think there is "stronger money" today,over past times.
One of my buddies was good to $300k on the 928. Obviously, another felt it was worth 6xs that (plus fees). It's a neat car, but was it really worth what it sold for?
Jeezus christie - you're one of those guys. You make one lucky guess on something and now you are the house expert, and you want everyone to know how smart you are. You keep prattling on, and we'll all know for sure. Have you ever heard the expression that even a blind pig....never mind.
A wiser approach might be to self-reflect, considering that you were adamantly proclaiming to the board that B-J was not the right venue for selling a 928, and you even went so far as to state that you would NEVER sell a 928 there.
Really?! You wouldn't sell a 928 at the highest-grossing 928 auction house?!
By all means keep talking trash to me, since you clearly know so... little.
09-19-2021, 04:05 PM
