Wellborn Hemi 500 barrett jaskson again and couple superbirds 2017

[chargerman69]

http://www.barrett-jackson.com/Media/Home/Reader/wingless-warrior-1969-dodge-hemi-charger-500-sure-to-electrify-the-palm-beach-block

[held1823]

correct, as stated in the fourth paragraph

[chargerman69]

I didn't read it yet

[moparchris]

So the new owner buys it in January on a nationally televised auction, and is already thinking that there is enough money left in it to have it in another big auction In a way I hope he hits a home run with it, but in another way, I wish an enthusiast would have been overjoyed at buying such a nice car and enjoyed it for 10 years.

[ws23rt]

So the new owner buys it in January on a nationally televised auction, and is already thinking that there is enough money left in it to have it in another big auction In a way I hope he hits a home run with it, but in another way, I wish an enthusiast would have been overjoyed at buying such a nice car and enjoyed it for 10 years.

I feel the same way. --- It seems the present owner only bought it because they saw something left in it's value. (A flipper?)
What a crazy situation it is to work a car like this to find that one or two buyers in a weak moment. It is easy to draw from this and others like it that the top end cars are moved more often by speculators.
I'm the sort that would love to own and enjoy that car but my interest comes from my past when driving them for enjoyment was the big deal. For the money it would take to drive this car for fun??-- It's out of my budget.

[charger_fan_4ever]

my dream ride in the right 500 color imo.

[66FBCharger]

How much did he pay for it?

[charger_fan_4ever]

How much did he pay for it?

sold for 135k at mecum. Prob fees ontop.

[XS29LA47V21]

How much did he pay for it?

sold for 135k at mecum. Prob fees ontop.

Interesting.  That being the case, why are the two white with red int Hemi's still for sale just above that (assuming they are still on the market, off and on)? Or is this car just that nice?

[chargerman69]

Someone local won 5.8 million
If it wood have bin my ticket this 500 wood be coming home with me in two weeks

[BS27R1B]

This 500 came out of Belleville Ontario. A friend of mine bought it from the original owner and had it restored here in Cobourg.
Glenn sold it to a fellow in western Ontario in the 90s. It then went to England and sold to Tim about 10 years ago in a package with several 71 Hemi B-bodies and a 70 AAR Cuda.

A very nice 500 with a lot of options.

[Kowal]

So went for 150 before fees.   I guess it worked, for a small profit given hauling it back and forth, etc.

[BS27R1B]

 No money in this deal. The $135K at Mecum was before fees. Add the buyer fee at 10% he had $148,500 plus possible taxes and two moves. Even if there were no taxes the prime spot at Barrett was probably $1,500 or more. The selling fees at Barrett were probably 8% so take off another $12,000.
I would guess he lost close to $10,000.

[chargerman69]

Could not keep my eyes off it tonight
Went back and looked at the 500 4-5 times

[Kowal]

Went lower (twice) than other Hemi's lately.    Seems to have a well known history.   The color held it down?

[Moparpoolman]

No money in this deal. The $135K at Mecum was before fees. Add the buyer fee at 10% he had $148,500 plus possible taxes and two moves. Even if there were no taxes the prime spot at Barrett was probably $1,500 or more. The selling fees at Barrett were probably 8% so take off another $12,000.
I would guess he lost close to $10,000.

Barrett takes 10% from seller and 10% from buyer. So at 150000 the seller got 135000 not deducting any other expenses.  So the seller is not a good flipper: seller=  those of us who can't stand the flippers=

[Beep Beep Dave]

This 500 came out of Belleville Ontario. A friend of mine bought it from the original owner and had it restored here in Cobourg.
Glenn sold it to a fellow in western Ontario in the 90s. It then went to England and sold to Tim about 10 years ago in a package with several 71 Hemi B-bodies and a 70 AAR Cuda.

A very nice 500 with a lot of options.

Somewhere I have the 500 Emblems off that car...I bought them at a swap meet after he sold the car. I figured if I couldn't own the car I might as well own one small part lol

Dave

[Kowal]

No money in this deal. The $135K at Mecum was before fees. Add the buyer fee at 10% he had $148,500 plus possible taxes and two moves. Even if there were no taxes the prime spot at Barrett was probably $1,500 or more. The selling fees at Barrett were probably 8% so take off another $12,000.
I would guess he lost close to $10,000.

Barrett takes 10% from seller and 10% from buyer. So at 150000 the seller got 135000 not deducting any other expenses.  So the seller is not a good flipper: seller=  those of us who can't stand the flippers=

[Kowal]

No money in this deal. The $135K at Mecum was before fees. Add the buyer fee at 10% he had $148,500 plus possible taxes and two moves. Even if there were no taxes the prime spot at Barrett was probably $1,500 or more. The selling fees at Barrett were probably 8% so take off another $12,000.
I would guess he lost close to $10,000.

Barrett takes 10% from seller and 10% from buyer. So at 150000 the seller got 135000 not deducting any other expenses.  So the seller is not a good flipper: seller=  those of us who can't stand the flippers=

Careful with our Schadenfreude for the flipper!  It was 150K before fees, 165K with fees.

[Aero426]

Careful with our Schadenfreude for the flipper!  It was 150K before fees, 165K with fees.

Not sure where you are going here.   If it hammered at 150k, at 10% in both directions, the seller netted $135k.   The seller paid $165k.  The house made $30k. 

[Kowal]

Yep.  I am doing my math wrong

[BS27R1B]

Does Barrett not charge an entry fee?
Prime time Saturday afternoon would normally be a costly spot at most auctions.
At any rate he lost money due to transport and the buyer fees he paid Mecum in January.
The price paid would indicate this is a nice 500. The buyer looked pretty happy to have it.

[chargerman69]

I think its a 1000 to put your car in the auction

[chargerman69]

http://www.barrett-jackson.com/Events/Event/Details/1969-DODGE-HEMI-CHARGER-500--203254

http://www.barrett-jackson.com/Events/Event/Details/1970-PLYMOUTH-SUPERBIRD--202849

http://www.barrett-jackson.com/Events/Event/Details/1970-PLYMOUTH-SUPERBIRD--200059

http://www.barrett-jackson.com/Events/Event/Details/1970-PLYMOUTH-SUPERBIRD--201619

http://www.barrett-jackson.com/Events/Event/Details/1969-DODGE-CHARGER-500-198656

[taxspeaker]

sold for 165,000