ClassicCar

jsrail wrote:

1953 Hudson Hornet Coupe

1951 Hudson Commodore 8 Convertible

1954 Hudson Hornet 4 door Sedan

1937 Terraplane Custom Pickup (looks to be the one sold at BJ in '06 at $175K)

Jay, I'll play...



here's my predictions...



53 hornet coupe... $39,500

51 C-8 convertible $77,500

54 Hornet 4 door $27,500

37 terraplane truck $190K



I might revise in a few minutes, I want to check these cars out...



maybe the colors suk or something....

Cool guys! I liked that '41 Pickup last year, and you're probably right Rick, they probably did put more money into it than they got, but thats how it usually is.

A friend of mine is trying to get me some free tickets, so maybe I won't have to pay to go this year. I haven't been to a BJ since '94 or '95 I think. I don't really go for the show cars, but I like to see some of the lower bidding cars. I've been watching some of last year's shows on Speed channel and just can't get into the prices they are getting, but hey, great for the sellers anyway. I went to the Good Guys run this year here and just walked right by the show cars. But there were some interesting cars there by folks like us.

Keep the guesses coming and we'll see how they match up!

Jay

Geez... can't edit my post, but wanted to put some pictures up.



Anyway, here they are, so we can see what we're facing..

detail to correctness on the 51 convertible is horrible, but this one has been around for some time.



53 coupe colors are decent, not the best hudson has to offer, but maybe the two tone would have been better reversed....



The 54 is probably the nicest of the bunch, I don't really care too much for the p/u, sad, considering the rarity of a 37 truck.

harry54 wrote:

I think the following;



53 HORNET COUPE 55,000

51 C-8 CONV 125,000

54 HORNET SEDAN 42,500

37 TERR TRUCK 40,000

No matter what price you put on it, it is still insane and these prices keep those who want and love these cars on the outside looking in.



Hudsonly,

Alex Burr

52kuhuna: I like that formula better. I'm going to start looking for a convertible

hudsontech wrote:

No matter what price you put on it, it is still insane and these prices keep those who want and love these cars on the outside looking in.



Hudsonly,

Alex Burr

Yep and it also makes others want one that can afford them. As Martha Stuart would say, "It's a good thing". Nash's or should I say Hash's are still affordable...!

nhp1127 wrote:

Yep and it also makes others want one that can afford them. As Martha Stuart would say, "It's a good thing". Nash's or should I say Hash's are still affordable...!

There's always the Jet too

Was this on TV? I was watching it all night last night and as usual 90 %Chevy's

This probably will move up the price guides which heavily look at auction results, especially since there are so few Hudsons sold. The next few months in other Hudson auctions and the Hudson market in general maybe interesting.

Yep, they do -- '51 hammered down at $80,000.00

Next time I have 80K to spend I'll be in SoCal at Bill's place. Not Scottsdale. 10% for them to hassle me into the next bid? Sorry lady, I'll give you $20 and let you ride in the car, maybe.

Do you have to pay AZ sales tax or just the tax for the state you license it? Or both?

And, would I be correct if I said the Hornet sedan will be a greater indication of where our Hudson prices go in the next year, instead of the coupe?

I don't know about the rest of the crowd, but I'm getting tired of seeing Vettes, T-Birds and overpriced muscle cars. However, at least there have been several station wagons, resto-mods and other cars thrown in for variety. I can't believe the 57 Cadillac 62 Series convertible sold for $200,000.00!

hornet53 wrote:

Next time I have 80K to spend I'll be in SoCal at Bill's place. Not Scottsdale. 10% for them to hassle me into the next bid? Sorry lady, I'll give you $20 and let you ride in the car, maybe.

Do you have to pay AZ sales tax or just the tax for the state you license it? Or both?

And, would I be correct if I said the Hornet sedan will be a greater indication of where our Hudson prices go in the next year, instead of the coupe?

was there TV coverage of the 53 coupe?



I bet they threw in a ton of "Doc hudson" references...



Prices are inflated right now, and B-J is no indicator of real life where these cars should be. Personally, it seems a bit like a popularity contest, if you ask me. I wonder how many of those guys go home and have buyer's regret?



I got a slogan for Bill Albright..



"Buy it at the Twin H ranch, we won't hassle you for a final bid you don't want to make, and heck, we'll even take you out for a steak dinner with every purchase!"



And finally, it really put the 49 coupe Bill had some time back, into perspective, as to what a great deal it was!



:cool:

Ouch...



check out the Barrett JAckson website, they don't do a terrific job covering the details, but from what I hear, here's the deal.



The Hudson convertible got bid to $82,000



okay, so the buyer pays a 10% premium. That's understood by the buyer going into the deal.



well, the seller pays 6% (and this may very well have changed) to Barrett Jackson of the final hammer price as well. So Barrett Jackson collects on both ends of the deal, which in reality, it's their house, they set the rules. Don't like them, don't buy or sell there.



I think in reality, the cars that go across the block more than cover both ends of the fees, at least for the seller, anyway, because figure that most sellers wouldn't even come close to geting what the cars realize across the block at Barrett Jackson.



Hudsondad and me both know someone locally that has a excellent restored 70 monte carlo SS, (AACA senior car, etc..) and he's thinking of selling. I keep telling him to do the Barrett JAckson thing, it would realize far more than he could ever get in any other open market , period. The price he would get woul far more than cover any costs associated getting the car to the auction site, as well as the percentage BJ would charge for the sale.



Anyway, here's the deal....



Barrett Jackson is just another fake reality TV show...



People get caught up on the notion that once a car goes across the block, that determines the new price for the entire model range. The prices are not realistic, at least in this universe. Most the people at Barrett Jackson are not real, typical enthusiasts, but better described as people that have a lot of money, and prefer to go to BJ, get wrapped up in the fanfare, and buy their cars, which seem to run far and above the real market. It's all for the show. A few of the people there, bidding, are bona fide collectors, who realy desire hard to find, or unique vehicles, that only get offered by Barrett Jackson, like the F-88, or the Parade of Progress Bus, the Bonneville, etc...



Just because a 53 hornet coupe sold for 59K does not make any of our hudsons worth even a similar amount. I dare anyone to put theirs in the next WTN for 49.5K and see how many phone calls they get.



The reality is that it will move the pricepoint somewhat, but unless the market demand will suppport it, the new price point won't hold.



Hudsons coupes may be under valued, but not 59K undervalued.

Someone should put one of those unglamourous Pacemakers up there on BJ and see what stupid people with money will do with that. never seen one even in the best condition that broke 10K (not counting convertibles). I still say it's not good for the hobby, money is the wrong reason to get involved, and I'd hate to see it get away from your average shade-tree mechanic who would like to get into Hudsons. It'd be a real loss.

51hornetA wrote:

I read a great article on auction houses by a auctioneer who specializes in antique car sales. I cut it out to scan in for posting here and lost the darn thing. The guy said that BJ is not representative of a trend in pricing a particular make. His case in point was a 57 Turnpike cruiser (I think thats the example, car is right year may not be) one sold at BJ for big dollars. A guy came into his auction with a similar car and while the BJ went 200+K this guys topped out at 38K the guy selling was pissed. The auctioneer pointed out the the BJ one had a 100K frameup resto and to get the big bucks like that it has to be done like that and BJ is not indicative of what other aution houses can pull. Yes the price will go up some but not like BJ because that is a media circus. His major point is if you want really big bucks you need to spend big bucks to make that car perfect.



I think a case in point was the 48 Packard Woody from BJ last night that is a super rare car unique and it went for lower than the POS "remakes" of 70's cars. These big buck guys would rather have a replica than the real deal. More money than sense and lots of these old dudes sitting with younger trophy wives.....makes me laugh....Go figure.....

For the most part, the big time car auctions are a rich man's shell game called "Hide the Money." You buy, hold and let them appreciate, all the while not registering them and then selling them "Open Title."



More money than brains? Maybe, maybe not. Lots of old dudes sitting with trophy wives as well as a few with "Boy Toys." :eek:

I would rather buy my cars from Bill. At least you know where they came from and what you are getting. I see stories all the time about BJ cars that are complete basket cases....engines are shot paper work faked. But hey they are now promoting it as reality TV so you get all the horse$h*t with that.

I am now looking for a trophy wife so I can go down and make like a big bidder then when they ask me to pay up I will say no way I only did it for TV and it was good TV and I want my actors pay. I am ok with scale.

One thing no one mentions is how many millions of people are now watching the BJ auctions on TV for entertainment. Exposure is everything. People see a car go for stupid money and many neophites will now think that is what the value is...