Pricing - Boss 429 vs. Boss 302

[Stonewall]

fish, fill in the blanks. 

Smartest guy in the world =

CC 70 =

The high =

Thanks!

[Nitro]

So the Fibannoci number crunching is now how all
our Boss cars are valued
Nitro.

[FIJI_99]

fish, fill in the blanks. 

Smartest guy in the world =

CC 70 =

The high =

Thanks!

I believe the smartest guy in the world award goes to our friend Virgil...and it was well bought!!!!!  Wish I would have seen that one in time, he bought a great car at a great price.

[redfish28]

Bingo!

[Nitro]

Ya! but it only a driver................
Sorry, a big block driver....
Nitro.

[redfish28]

Driver?.....what u talk'in about willis?

the car is very nicely restored.

[KevinsKlassics]

Of course there are a ton of variables in pricing both Boss 9 cars and Boss 302 cars. I know I am selling both the Boss 9 cars and the Boss 302 cars faster then I can get them restored. We can only restore 10 cars a year and so far I have sold the majority of cars before they are done and if we do happen to finish one before I sell it I only have it a short time before it is gone. There may be a time that I have to hold onto a car for awhile but for the next six months it looks very promising. We sell Boss 302s restored to concours trailered gold quality for 85-95K. We sell the same quality of Boss 9 between 225K-250K with the exception of black cars which will be a little more depending on a lot of things. 1970 Boss 9s bring less money then 1969 Boss 9 cars. The two we sold at BJ by the time the buyer had to pay the premium they paid 275K and 214,500. We were very disappointed in the price of the CC car but in an auction that is the way it goes. In the real world I would never have sold that car for the net I got. BJ is a great auction to get potential customers from. You can say a lot about BJ but they definately have the people there with the money. If you bring the car they want and the quality they want and the market isnt flooded with that car you will get a premium for it.  Unfortunately I have seen a decline the most in the driver quality Boss 9s and Boss 302s. The rich people who still have money want the best car they can buy they dont want a driver. The average Joe like me and most people on here have less money now because the job they have or the business they own has been affected by the economy. So people are less likely to buy a driver car. One thing I can say with no doubt in my mind is soon both cars and houses will be going up. With a 12 Trillion dollar deficit or whatever it is inflation is coming without a doubt. I dont care if you are a democrat or a republican no one can stop the inflation it is too late. Hopefully someone can come up with a plan to at least curb the inflation so it can stay in a managable level. People buying houses or cars right now will seem like a genius in 5 years because inflation will definately be bringing prices up. This I promise you and I have never been so sure of anything in my life. Save this post and look back on it in 5 years and see what you have to say then. Kevin Manley. 

[KiwiBoss429]

Hi kevin

Your inflation prediction is interesting.

So your saying, don't sell now, wait 

Regards
Gary

[Stonewall]

It's always a buyer's market when nobody, or few, have money.  I believe in supply/demand driven inflation.  Kevin is speaking about monetary inflation.  Personally, I can't see monetary inflation occurring without a strong economy.  We're not Mexico.  We'll have inflation alright, but it will be driven by demand for goods/services.  imo

[shiningmonkey]

This economy is not getting stronger by any chance, okay the boss 9 did okay at bj got you 170,000 never mind what the buyer paid, boss 9 are not selling on the private market, even the one for 135,000 would of sold in no time, also Gary for 210,000 I think should of sold. In 5 years we might start to come out of starting to recover, it will be a hard next 5 years. Its my opinion not the law, as far as house I think it will never be the same for 20 years.

Peace

[FIJI_99]

You can't say nevermind what the buyer paid, the buyer sets the price, not the seller.  As a seller I could set the price of my car at $1 milion, does that mean that's the market, NO!  The market is what a buyer is willing to pay me for my car.  Between the seller and the auction house the car brought the hammer price and the fees (or what the buyer paid).  What this shows is what buyers are willing to pay for a car.
The housing market is defintely improving, home prices were up 15-20% in the last quarter of 2009 versus the same period of 2008, according to the USAToday last week.  The economy isn't that bad, people just aren't spending money like they did in the past.  Now our deficit...that's another story!
I'm also going to bet you have know idea of what has sold on the private market of Boss 429s.  I personally know of 4 cars that have sold recently in the private market and I would bet that some people like Kevin know about even more than I do.

[boss504]

The economy isn't that bad, people just aren't spending money like they did in the past. 

the economy isnt that bad if you already have money, I know alot of people that are really hurting right now.

[bobboss351]

Obviously the economy has to improve before inflation will start to become a factor. How long that takes no one knows. However there are constant signs the economy is improving right now. House prices are in most cases not going down any more, the Fed plans on raising interest rates to banks and they have already done so on the emergency fund to banks. Some home builders actually showed a profit last quarter and many companies are now showing a profit. Look at the small things and everyday you see an inprovement. Its not going to be bad one day and then the next day it is perfect it changes slowly. Believe me no one will fix the huge deficit before the economy rebounds. It is too popular to spend money and very unpopular to tighten our belts and do without. It may be next year or the year after before the economy improves but within 5 years it will improve and inflation will set in. I cant tell you when and neither can anyone else but it will happen. How many times have you heard someone say I should have bought then because prices were really low and now they are so much higher? Now is that time. Kevin Manley. 

[Boss302Fan]

Obviously the economy has to improve before inflation will start to become a factor. How long that takes no one knows. However there are constant signs the economy is improving right now. House prices are in most cases not going down any more, the Fed plans on raising interest rates to banks and they have already done so on the emergency fund to banks. Some home builders actually showed a profit last quarter and many companies are now showing a profit. Look at the small things and everyday you see an inprovement. Its not going to be bad one day and then the next day it is perfect it changes slowly. Believe me no one will fix the huge deficit before the economy rebounds. It is too popular to spend money and very unpopular to tighten our belts and do without. It may be next year or the year after before the economy improves but within 5 years it will improve and inflation will set in. I cant tell you when and neither can anyone else but it will happen. How many times have you heard someone say I should have bought then because prices were really low and now they are so much higher? Now is that time. Kevin Manley. 

I agree with u 100%. Well stated.

[Stonewall]

With a 12 Trillion dollar deficit or whatever it is inflation is coming without a doubt. I dont care if you are a democrat or a republican no one can stop the inflation it is too late.

Obviously the economy has to improve before inflation will start to become a factor.

And if the economy didn't improve?