CSX-T #475 Barret Jackson 2010 $23K - Combined Threads

[Team Canada]

Guys, have a look at the Barrett Jackson Palm Beach auction this weekend. Lot 55 is a completely unmolested CSX-T right from the Shelby Museum. Speedtv.com had a list of a bunch of cars from the Shelby museum that are going to be auctioned off this weekend. Some pretty nice and rare stuff.The pictures make me think that this car is brand new condition. The pictures are amazing.

http://www.barrett-jackson.com

http://highwinds.barrett-jackson.com/items/Fullsize/Cars/90004/90004_Front_3-4_Web.JPG

http://highwinds.barrett-jackson.com/items/Fullsize/Cars/90004/90004_Rear_3-4_Web.jpg

http://highwinds.barrett-jackson.com/items/Fullsize/Cars/90004/90004_Engine_Web.JPG




EDIT: I combined the threads on this topic into one and put it in the "Whittier" section for archival purposes -JT

[BadAssPerformance]

Wow... #475 is/was Steve Kalmes beautiful car... I thought he sold it to Shelby cuz they didn't have a CSX-T in their collection? :confused2: Guess they don't want one in their collection? :(

[BadAssPerformance]

OK.. says "was displayed" so does Steve Still own it?

http://www.barrett-jackson.com/application/onlinesubmission/lotdetails.aspx?aid=323&ln=55&pop=0&it=1

EDIT: Made a thread on TS

http://www.teamshelby.com/forums/index.php?/topic/55118-1988-csx-t-%23475-2010-bj-palm-beach-auction/

[raccoon]

well maybe he can buy it back and continue to take good care of it.

[1FastCSX289]

How much do you think it will bring??:eyebrows:

[Johnny]

The sure look GOOD when the white paint is not falling off.

[turbovanman²]

How much do you think it will bring??:eyebrows:

$5000, :p

[Johnny]

April 3rd we will find out!
You going to bid?

[raccoon]

i can see it going unnoticed eh, someone might get a crazy deal.

[Team Canada]

I remember watching the ChampCar auction in 2008, when they auctioned off all of their pace cars. I believe the 87 Lebaron pace car ( real one, not the dealer installed stickers) went for 8 grand.

[turbovanman²]

April 3rd we will find out!
You going to bid?

If I had some money, I would for sure bid.

[Johnny]

Better this car than a new $16,000 cheap crap car and will sell for less!!

[Mike_Shepard]

WOW!!! absolutely amazing

[turbovanman²]

Better this car than a new $16,000 cheap crap car and will sell for less!!

Don't have $16 grand either, lol. If it goes for $500, I can afford it, otherwise, nope, :(

Times are tough around here, shops are closing left, right and center, :( its very tough to make a living right now, :(

[Marcus86GLHS]

".......#475 is/was Steve Kalmes beautiful car... "

is this the same one that was at SDAC 19 last June?

[CoolV300C]

Wow. going to go this year, need to look for this one!

[BadAssPerformance]

It would look great next to your vert! :D

[omni_840]

Very nice!

Looking forward to what she goes for:nod:

[CoolV300C]

It would look great next to your vert! :D

Yeah - I know! But I cannot have two. If someone buys the vert from me tonight, I'll go get that one tomorrow!!!:nod::nod:

[CoolV300C]

More pics here:

http://www.teamshelby.com/forums/index.php?/topic/42511-amyb-shows-more-love-for-the-shelby-dodge-enthusiasts/page__st__20

[supercrackerbox]

The sure look GOOD when the white paint is not falling off.

Man, you ain't kidding.

[jonnyb]

".......#475 is/was Steve Kalmes beautiful car... "

is this the same one that was at SDAC 19 last June?

No - the car you are thinking of is Jared Hoover's car. I forget what number his is, but it's easy to spot because it has the one of two sets ever made of white fiberide wheels on it.

[Team Canada]

Sold for 23,000.00

Still better than the new crap you can't buy for that price.

[contraption22]

Sold for 23,000.00

Still better than the new crap you can't buy for that price.

Wow. I never would have expected it to go for that much.

[Johnny]

Sold for 23,000.00

Wow!
Guess if I put a nice paint job on mine (79k miles) I could sell it for more than the $3000 normal going rate?
:)

[Marcus86GLHS]

$23,000, fantastic milestone for the Shelby Dodges, i also am surprised.... that's gotta be the most ever paid for a CSXT right?

[4 l-bodies]

Sold for 23,000.00

Still better than the new crap you can't buy for that price.

What's the deal I thought it wasn't being auctioned off till the 3rd of April or are we talking about another car? What a crock of crap:(. They claimed to have bought Steve's car because they didn't have one for their museum. It sat in their warehouse for a year without ever being shown, and now they are selling or sold it? Boy, I'll bet Steve's blood is boiling! The sad part is Steve sold it cheap to them because it was to be on display in the museum. I actually offered Steve more for the car than what he sold the car to the museum for! Told him I would never have sold the car so cheap. Can't wait to hear the reasoning behind this from Thorton and the others at the museum. This just pisses me off, I can't imagine how Steve is going to feel when he finds out. Just got off the phone with Steve Kalmes, he knew nothing about the sale of the car.:( So the museum buys the car just to flip it? Didn't they make enough on the Shelby's the first time they sold them?:confused2:
Todd

[CoolV300C]

That's awesome! never would have expected that. I looked online when I saw this last night to see how you register to bid. If the buyer was there in person, they also paid a 10% bidders fee (more if he was remote), so someone thought this was worth over $25K. That's got to be a record. The prototype last year didn't go for nearly that.

*****Edit: nevermind. Just looked it up, the $23,100 includes the 10% fee.

[dodgeman87]

Yeah,
I was parked next to Steve's car one year at Mopars on the Mississippi car show. That car was clean. Steve even went to the trouble to find one correct tire ( he found just one I believe in New York ).
Yeah I guess if I was Steve I would not be happy. But he did sell it to them.

Jim

[shelbyconcepts]

Yeah - I know! But I cannot have two. If someone buys the vert from me tonight, I'll go get that one tomorrow!!!:nod::nod:


Really?.....hum..... LOL


Might have to build me another vert for Barrett Jackson... Holy wa!

[CoolV300C]

Really?.....hum..... LOL

NO.....not really:thumb:

But I was tempted to skip work and head down there. I thought it would go for less than the norm at an auction like this, and I could get it for a good price. I was pretty far off!

[turboshad]

Did anyone else see the 1988 CSX-T go for $21,000 on Barrett Jackson. Suposedly it came from the Shelby museum. Who says they will never be worth something?

http://www.barrett-jackson.com/application/onlinesubmission/lotdetails.aspx?ln=55&aid=323&pop=0

[shelbycsx4me]

Hi All,
Wish they would have let me know they were re-selling "My T"
I sold it to the Shelby Museum about this time last year, yes,
because they did not have a "T" in the line up. 48k miles, NOS
Gaterbacks, original white paint and plug wires.

To late me me to get in on the bidding in Florida.
I can only hope it brings big bucks and raises the value of
other CSX's out of the mud. I still have an 87 and 2 89's.

Rumor was it was pulled from the collection by mistake.
I'm still researching that.

I want to know who get's it this time. I'd like to see it
in someones museum.

Steve K

[CSX153]

it sold for that much or is that the reserve

[MNmopar]

Sale Price: *$23,100.00

[omni_840]

I want to know who get's it this time. I'd like to see it
in someones museum.

Steve K

For sure!

Keep us posted:nod:

[turboshad]

It sold for $21,000 on the block. The $23,100 is with the 10% selling comission.

[Polygon]

It sold for $21,000 on the block. The $23,100 is with the 10% selling comission.

Correct.

I tuned in to watch Bullrun just in time to see this. The first thing I was wondering is if this was the Birthday car. Anyone know if Cindy still has it? If it wasn't I think this is a pretty damn good sign. That's more than that car sold for new.

I was in shock when I saw it.

Anyone else notice that it was a T1?

EDIT: Guess it can't be the birthday car.

[tryingbe]

All CSX-T is T1... with a Shelby valve cover, # plate, wheels, and body works...

[Polygon]

I thought some were TII and VNT?

[BadAssPerformance]

Hi All,
Wish they would have let me know they were re-selling "My T"
I sold it to the Shelby Museum about this time last year, yes,
because they did not have a "T" in the line up. 48k miles, NOS
Gaterbacks, original white paint and plug wires.

To late me me to get in on the bidding in Florida.
I can only hope it brings big bucks and raises the value of
other CSX's out of the mud. I still have an 87 and 2 89's.

Rumor was it was pulled from the collection by mistake.
I'm still researching that.

I want to know who get's it this time. I'd like to see it
in someones museum.

Steve K

Good to hear from you Steve, keep us posted!

[135sohc]

i thought some were tii and vnt?

t2 = 87
vnt = 89

[Polygon]

t2 = 87
vnt = 89

Alright, so, this wasn't even that rare by CSX standards. I wonder what it would have gone for as a T2 or VNT.

[135sohc]

CSX-T's are the least wanted of the CSX series and probably the 2nd lowest wanted (SL's being last) of the Shelby #'ed cars. since there really nothing special over a regular Shadow other than the shelby cosmetic upgrades.

[tryingbe]

I thought some were TII and VNT?

Not the CSX-T

[Polygon]

CSX-T's are the least wanted of the CSX series and probably the 2nd lowest wanted (SL's being last) of the Shelby #'ed cars. since there really nothing special over a regular Shadow other than the shelby cosmetic upgrades.


Not the CSX-T

I see. Well, that make it all the more promising. Better start grabbing numbered cars while they're still cheap. You might be able to restore them an make a profit.

[Marcus86GLHS]

does anyone think the high sale price was due in part to the fact the car was, for a brief moment, owned by the Carroll Shelby museum? somehow i suspect that played into the buyer's consideration (ie: previous ownership history can bump a car's price). i only say this because as we all know the prices on all of the shelby dodges seem to be in the dumpster more or less in past few years.


STEVE: this car has 48,000 miles? my hat is off to you for preserving it so well. that engine bay looks brand new.

[turbovanman²]

What's the deal I thought it wasn't being auctioned off till the 3rd of April or are we talking about another car? What a crock of crap:(. They claimed to have bought Steve's car because they didn't have one for their museum. It sat in their warehouse for a year without ever being shown, and now they are selling or sold it? Boy, I'll bet Steve's blood is boiling! The sad part is Steve sold it cheap to them because it was to be on display in the museum. I actually offered Steve more for the car than what he sold the car to the museum for! Told him I would never have sold the car so cheap. Can't wait to hear the reasoning behind this from Thorton and the others at the museum. This just pisses me off, I can't imagine how Steve is going to feel when he finds out. Just got off the phone with Steve Kalmes, he knew nothing about the sale of the car.:( So the museum buys the car just to flip it? Didn't they make enough on the Shelby's the first time they sold them?:confused2:
Todd


What a crock, :(

[contraption22]

does anyone think the high sale price was due in part to the fact the car was, for a brief moment, owned by the Carroll Shelby museum? somehow i suspect that played into the buyer's consideration (ie: previous ownership history can bump a car's price). i only say this because as we all know the prices on all of the shelby dodges seem to be in the dumpster more or less in past few years.


STEVE: this car has 48,000 miles? my hat is off to you for preserving it so well. that engine bay looks brand new.

I think there are a few factors for the price of the car. First and foremost, the car seems to be an excellent specimen, and nobody can take that away. However, I do think the fact that it came from the Shelby Museum has to factor into it, especially if it comes with any signage or certificates that come along with that. But an undeniable factor is the auction itself. Barrett-Jackson brings out the buyers and the hype that I feel artificially inflates the prices of the vehicles. Many cars that have sold at BJ have re-sold later for MUCH less than they sold at BJ. Some of you may remember the '70 Chevelle LS-6 convertible that sold for $1.24 million a few years go. That car has more recently resold for around $246,000, having done nothing more than take a few trailer rides around the country. Now, you can contribute SOME of that to market decline, but not an 80% drop.

Now realistically, what would this CSX-T bring on the open market? Maybe half the BJ price?

[Pat]

I think there are a few factors for the price of the car. First and foremost, the car seems to be an excellent specimen, and nobody can take that away. However, I do think the fact that it came from the Shelby Museum has to factor into it, especially if it comes with any signage or certificates that come along with that. But an undeniable factor is the auction itself. Barrett-Jackson brings out the buyers and the hype that I feel artificially inflates the prices of the vehicles. Many cars that have sold at BJ have re-sold later for MUCH less than they sold at BJ. Some of you may remember the '70 Chevelle LS-6 convertible that sold for $1.24 million a few years go. That car has more recently resold for around $246,000, having done nothing more than take a few trailer rides around the country. Now, you can contribute SOME of that to market decline, but not an 80% drop.

Now realistically, what would this CSX-T bring on the open market? Maybe half the BJ price?


+1. I'm happy to see it went for the money it did, however, Barrett Jackson is far from an accurate indicator of true market value.

[neonsox]

CSX-T's are the least wanted of the CSX series and probably the 2nd lowest wanted (SL's being last) of the Shelby #'ed cars. since there really nothing special over a regular Shadow other than the shelby cosmetic upgrades.
Yeah you obviously have no idea what you're talking about or you make it a habit of making blanket meaningless statements. Shelby Lancers were made one year and only 800 of them compared to multiple years for all the other cars. If they aren't desired now in the community or mainstream, they will be eventually. You couldn't tell looking at the forums that SL's don't cause a stir either.

Of course, I own a nice SL sitting out in the parking lot right now, so I'm jaded. Don't mind me. :thumb:

[tryingbe]

I see. Well, that make it all the more promising. Better start grabbing numbered cars while they're still cheap. You might be able to restore them an make a profit.

Wouldn't count on it. Buy gold instead.

[Turbodave]

More discussion here:
http://www.turbo-mopar.com/forums/showthread.php?p=644193#post644193

Also, My opinion is that the CSX-T has more appeal to a collector because of it's rental car history and the similarity to the Hertz Mustangs in that regard. That may have helped the car get the money it did.

[30 PSI SHADOW]

sad part is, the jokers that sold it pocketed the cash, where as steve got short changed.
Its like it was said before, shelby made money on it twice............................................. .................................................. .................................................. ...............

[puppet]

... and the rich get richer.

[CoolV300C]

Went to Barrett jackson tonight. Only had a camera phone, but here are some pics of the CSX-T that sold yesterday for $21,000 + 10% bidders fee which probably makes it the highest price CSX ever. At least that I have heard of.

Everyone should be excited by the price, and the Shelby Dodge getting some attention in a crowd of classic cars. :thumb:

Some people were wondering why this one was sold. I picked up a brochure at the show on the "Shelby Factory Offering" which has writeups on the cars offered this weekend. Most of them were prototype cars. I think this was the only actual standard production one offered, so it does not seem to fit in with the rest.

[trbowgn]

Damn, that thing is clean.
I wonder who paid so much for it, was it a shelby dodge guy or just a wealthy guy who thought it was cool

[CoolV300C]

more pics:

[CoolV300C]

Last one

[omni_840]

Thanks for posting some pics:)

[Marcus86GLHS]

"......which probably makes it the highest price CSX ever. .........."


maybe even the highest price ever paid for any shelby dodge. those are great pix.

[88_pacifica]

"......which probably makes it the highest price CSX ever. .........."


maybe even the highest price ever paid for any shelby dodge. those are great pix.

I'm thinking the highest paid for just about ANY TD??

[BadAssPerformance]

Damn, that thing is clean.
I wonder who paid so much for it, was it a shelby dodge guy or just a wealthy guy who thought it was cool

Hopefully someone stuck the shill with it and its still in the shelby collection ;)

[BadAssPerformance]

I combined the threads on this topic into one and put it in the "Whittier" section for archival purposes :thumb:

[blk86trbo]

I'm thinking the highest paid for just about ANY TD??

It would be close, but I'm going to speculate that the 91-92 Spirit R/T's and the 92-93 IROC R/T's were more expensive. Just went through the original paperwork from a 1992 TI 5 speed IROC when it was sold new (it had a whopping 74 miles on the odometer!), and the selling price before any taxes or finance charges was $21,302!

Plus the TIII option was more expensive, and the fact this took place 18 years ago, so that figure would need to be inflation adjusted.

I wonder if Ralph has any original paperwork on his car...I bet it was close to $25,000 back in 1993!

[badandy]

All I got to say is...

Let's here it for the so called "least desirable" Shelby Dodge! WOOT! WOOT! :thumb:

[shelbycsx4me]

Thanks for all your words of support guys.

I'm getting a little more discouraged with the whole process
the SA Museum took to "unload" the "T". Rumor was that it
was chosen by mistake and sent to B-J Auction. I don't buy
into that theory because of one fact.... It's Listed in at Sale Catalog.
That's not something that happens on a whim. Without knowing
the lead time to get things published in the Catalog, I'd say 6 months
to have printed and mailed out. 400 plus cars ? come on.

The whole SA Museum deal was to keep it "as is" where it would
always be in First Place and take it's place among it's 87 and 89
Brothers. Carrol does not own a "T". It was the completion of the line.
I am very proud of the fact than my "T" was the first Shelby CSX
to break into the 20's (dollar wise). I just wish I was on the receiving
of the pay check.

If I had not done the deal, we would not be talking about a $20,000 CSX.
I'd still be sitting on a $5000 to $6000 mostly ignored CSX-T.

Now I'm more motivated to put my other 3 csx's together.

[NeonShowCar]

Thanks for all your words of support guys.

I'm getting a little more discouraged with the whole process
the SA Museum took to "unload" the "T". Rumor was that it
was chosen by mistake and sent to B-J Auction. I don't buy
into that theory because of one fact.... It's Listed in at Sale Catalog.
That's not something that happens on a whim. Without knowing
the lead time to get things published in the Catalog, I'd say 6 months
to have printed and mailed out. 400 plus cars ? come on.

The whole SA Museum deal was to keep it "as is" where it would
always be in First Place and take it's place among it's 87 and 89
Brothers. Carrol does not own a "T". It was the completion of the line.
I am very proud of the fact than my "T" was the first Shelby CSX
to break into the 20's (dollar wise). I just wish I was on the receiving
of the pay check.

If I had not done the deal, we would not be talking about a $20,000 CSX.
I'd still be sitting on a $5000 to $6000 mostly ignored CSX-T.

Now I'm more motivated to put my other 3 csx's together.

Your are right, it takes alot longer to get a car published and put up for sale, not just a whim. They just trying to cover their tracks. Its ashame really that it was sold. Guess Shelby needs some money....

Good thing it sold for over 20K though, definitely marks a first.

[TopDollar69]

It looks like they replaced the battery after the auction, and it appears someone put jumper cables on the perfect battery cables.

[30 PSI SHADOW]

anyone got a vid of the auction? maybe utube?

[glhs727]

Correct.

I tuned in to watch Bullrun just in time to see this. The first thing I was wondering is if this was the Birthday car. Anyone know if Cindy still has it? If it wasn't I think this is a pretty damn good sign. That's more than that car sold for new.

I was in shock when I saw it.

Anyone else notice that it was a T1?

EDIT: Guess it can't be the birthday car.

Yes, I still have the b-day car. Wow that CSX-T sold for $21K, maybe I could get $22K for the b-day LOL

I feel bad for Steve, but am happy that it did fetch a decent price.

[blk86trbo]

Yeah that's a bummer deal for Steve...it's unfortunate some kind of contract wasn't written up to keep them from flipping it so quickly :(

[turbojerk]

That's it....!

I'm Bar-jack'in my CSX this year!

[83Shelby]

The only intercooled one was given to the owner of Thrifty,did anyone post the mileage on this car?

[CoolV300C]

auctioned car was like 48,000 miles.

[Johnny]

The only intercooled one was given to the owner of Thrifty,did anyone post the mileage on this car?

And a good friend owned this car, bought it from the owner. It's still in Portland Oregon.

[BadAssPerformance]

Really... interesting

[83Shelby]

Is it mint?

[raccoon]

from what I remember it was a gift to the daughter of the thrifty CEO, doubt it. :)

[83Shelby]

The one given to the daughter was supposed to be non-intercooled and had a factory sunroof,but the CEO got the only intercooled one.

[shelbycsx4me]

I think we missed this from last year??? B_J Auction.
A prototype 89 CSX for $30,000 ?

http://www.youtube.com/watch?v=Kncw6kwmUS0

[raccoon]

I remember a post about that one, but dont remember anyone posting what it finally went for.

[BadAssPerformance]

I think we missed this from last year??? B_J Auction.
A prototype 89 CSX for $30,000 ?
http://www.youtube.com/watch?v=Kncw6kwmUS0

It was auctioned a couple times.. the shill won it the first time?

[glhs571]

I can't really tell from the pics but the sticker on the right side of the trunklid is not stock, was that added by one of the previous owners? It looks like it says Shelby, like the one sold from positive impressions.

Also just because the csx-t's did not come intercooled or are the least wanted in the turbo dodge community doesn't make them any less than the other Shelby dodges. To me and others I'm sure it's not just a shadow with Shelby items added on, it's more importantly a numbered car from shelbys factory that greatly represents the Shelby dodge era. Also it was the only Shelby dodge offered as a rental in the beginning, which makes it even more unique that it would remain in such prestine condition. I'm sorry to hear that the Shelby museum turned around and sold it, Im guessing the car will be in good hands for that amount of money.

[unluckyty]

I watched it sell at BJ, speed channel also showed it on their thurs evening show. I was surprised, but happy with what it sold for. I turned to my wife and said 5-7.5k, then boom right up to 21k.

Best moment was gentleman standing next to me stated as it the CSX drove on the auction block " whats that peice of ---- doing up there" I said it is a Shelby model, He " it''s a Shadow" then 21k selling price- surprise, surprise(my golmer pyle impression), I guess I better invest in some ----, because it just went up in price.

Neat event, better watched on tv, nice to see what some cars actually look like, camera makes alot of them look good.

Greg

[CoolV300C]

I think we missed this from last year??? B_J Auction.
A prototype 89 CSX for $30,000 ?

I remember that one, but didn't remember that price. I was thinking it went for less than $10 for some reason.

[shelbycsx4me]

>>>>>>>>>>>>>>>>>>>>>>>>><<<<<<<<<<<<<<<<<<<
Re: CSX-T #475 Barret Jackson 2010 $23K - Combined Threads
I can't really tell from the pics but the sticker on the right side of the trunklid is not stock, was that added by one of the previous owners? It looks like it says Shelby, like the one sold from positive impressions.
>>>>>>>>>>>>>>>>>>>>>><<<<<<<<<<<<<<<<<<<<<<<

You are right. I added the "SHELBY" sticker on trunk right.
I got all the replacement stickers from Positive Impressions.
The extra was put on to finish the line across the back.
SLK

[sy2206]

Looks like my 16k mile 86 GLHS will be going to BJ if I ever decide to get rid of it...

[shelbycsx4me]

I know that my next sale will definitely be Barrett-Jackson or a better listing
service other than Ebay. They will never get another car listing from me.
EBay is a place to buy cars cheep. Go where the money is.

I'm done. The Car Dealer Biz SUX. :amen:
SLK

[ScottD]

Pretty crappy deal by the Shelby museum. I saw this car at an SDAC and it was gorgeous. Shame it got flipped for no reason.

[sdac guy]

There is talk that SAI which bought the car from Steve is suffering a little from the economy and that is why this car and others were sold at B-J.

SAI got very lucky with the sale, this was one of the few cars they sold that went for what they expected or more. I didn't see all the offerings SAI sold, but I did see the prototype Shelby Series 1 go for only $80K and I heard that the GT350 brought less than sticker and it took a long time to get as much as it did sell for. I am impressed that the CSX-T brought such a good dollar. And for our sport, that is probably a good thing.

Yes it is a shame that the car will not be offered for viewing at the Shelby Museum, but I think restraint is in order when suggesting less than honorable motives for the sale.

In all likelihood, it was the year that it was a museum owned car that earned the high dollar it brought. Do not kid yourselves to think other Whittier cars may be approaching anywhere near that value.

I don't think for a minute, that at the time SAI purchased the car from Steve that they had any idea that their business needs would see them selling it in only a year (if at all). To us it is a shame how it turned out, but that is just the way it is.

Since it has been somewhat in vogue to disparage Carroll and the Shelby organization on forums such as this, the response here was almost what I would have expected, and that too is a shame.

When this thread first started, I pretty much agreed completely with what Todd and Steve posted up. But I've stepped back, looked around some, listened to some, and I certainly don't see this whole thing in such a harsh light now.

I think our community is frustrated more at the fact the car will not be in the museum, not that it was sold or how much it brought compared to how much was paid for it. But so far much of the frustration has been targeted at the latter rather than adjusting to the disappointment of the former.

Barry

[BadAssPerformance]

Here Here! Well said Barry! :clap:

[ScottD]

This car is beautiful. I had the pleasure of seeing it in person and it is one of the finest Shelby Dodges in existence. It should be preserved.

Steve sold the car to SAI to ensure its preservation. I'm sure he'd liked to have gotten $23k for it, but in the end I think what is more important to him is that the car is preserved, hence the sale to SAI. He also states in this thread he would like to see it in a museum subsequent to this BJ sale, so I think it is safe to say its preservation is his utmost concern.

I don't know how there is anything honorable about buying a pristine CSX-T on the cheap from a dedicated enthusiast under the auspices it is needed to round out a collection, keeping it for a year, and then putting it on Barrett-Jackson to maximize the sale value of the car (who knows who bought it, did an SD enthusiast even get it?) and never make Steve aware of the sale much less offer him the chance to buy the car back.

While there is nothing to stop them from doing this, it certainly is disappointing conduct no matter what the car ultimately sold for.

[turbojerk]

Here Here! Well said Scott!

[raccoon]

get the pitch forks! were burning that museum to the ground!

[badandy]

As far as the Shelby Museum hurting from the economy...maybe so....but Ole Shel ain't hurting I know that! Maybe cars were sold off to raise money thereby keeping the museum it's own entity...but then again maybe it was to just do more of the same which is flood the place with Mustangs...who really knows for sure?

I would be willing to bet the sale of the car was no mistake. Someone went in there and cleaned house of the less desireables to make room for the more desireables. I'd look for most of the Dodge part of the collection to slowly be flushed out eventually.

What means nothing to one person could mean everything to someone else. I'm surprised that anyone is shocked that the museum let go of the car...nobody cares about them but us...and what few other people that do care are simply trying to capitalize on the Shelby name as investment potential.

The original owner should have been given the respect of first refusal on the car for doing his part in trying to preserve the breed. Had he refused then I see no issue with the museum doing what they wished with the car.

Lastly...I'm not going to be more respectful of the man that created all of this over a favor to his friend...than I am for the community that supports what no one else will.

[BadAssPerformance]

Here Here! Well said Barry! :clap:


Here Here! Well said Scott!

You forgot the :clap: jerk... :rolleyes:


From the above posts:

- Carroll did not own the car, SAI did, maybe that would have been different?
- Every auto company got hurt or bankrupted in the last 12-18 months, why would you think SAI would not feel pain?
- SAI probably never expected to make that kind of money on it
- I'm sure SAI had a more difficult decision in deciding sellng the Prototype Series 1... someone got a helluva deal
- Whoever pulled the CSX-T and the other SAI owned cars for auction, probably and unfortunately had no idea who the previous owners were and without a written agreement SAI had zero obligation to contact them - the truth hurts

[sdac guy]

I don't know how there is anything honorable about buying a pristine CSX-T on the cheap from a dedicated enthusiast under the auspices it is needed to round out a collection, SAI didn't buy it on the cheap, they gave Steve exactly what he was asking for the car, didn't try to bargain him down, and from what I have heard, he got more than what anyone else had offered for the car.


keeping it for a year, and then putting it on Barrett-Jackson to maximize the sale value of the car You are aware that the sale could have gone the other way, right? Was there a reserve on the car or was it sold no reserve? You are assuming their motive and expectation, which you really have no basis for in reality.


(who knows who bought it, did an SD enthusiast even get it?) and never make Steve aware of the sale much less offer him the chance to buy the car back. True, this is a place that can be argued where SAI can be faulted, but not by much. At the time Steve sold the car, did Steve ask for the right of first refusal? Wasn't the car advertised for sale publicly on the SDML? Would he have asked first refusal of another buyer?


While there is nothing to stop them from doing this, it certainly is disappointing conduct no matter what the car ultimately sold for.Things change over time. Nobody can predict what the future holds. Any one of us could find ourselves in a financial straight and be required to divest ourselves of formerly treasured holdings in order to survive the downturn. This turn of events, when it happens, is usually sudden, and is difficult to predict. The fact that SAI is in tough times is public knowledge and is not difficult to find info about on the internet.

Shelby American bought the car with the intent to add it to their holdings and for it to be a museum piece. I don't believe for a second they would have bought the car if they knew that in about a year they would need to sell it to raise cash.

And for folks to think they sat back and contemplated buying a 1988 CSX-T so that they could flip it a year later for more than they paid, well that is just absurd. As it turned out they got lucky on the sale, but they could have just as well been burned on it.

Sellers get lucky all the time on eBay, remember the Positive Impressions Shelby oil cap that sold for about $130, while the original price from PI was only about $20? You didn't hear all this flap about that sale, "how David got screwed." It was accepted that an uninformed buyer paid a stupid high price. And that is exactly what has happened here. An uninformed buyer paid a stupid high price for a 1988 CSX-T. And if it had been offered by a private seller, with no SAI history, it most likely never would have drawn that much money.


Barry

[ScottD]

Whoever pulled the CSX-T and the other SAI owned cars for auction, probably and unfortunately had no idea who the previous owners were and without a written agreement SAI had zero obligation to contact them - the truth hurts

Absent a specific contract between Steve and SAI, I'm sure they had zero legal obligation to contact him. And did SAI do anything illegal? Nope. It is just a shame, here we had this nice car that Steve thought he was doing right by sending it to SAI to preserve it and it ends up at Barrett Jackson where any dope with more money than they know what to do with can buy it. Who knows what will happen to the car now, just because alot of money was paid for it doesn't mean it will be taken care of.

[contraption22]

Absent a specific contract between Steve and SAI, I'm sure they had zero legal obligation to contact him. And did SAI do anything illegal? Nope. It is just a shame, here we had this nice car that Steve thought he was doing right by sending it to SAI to preserve it and it ends up at Barrett Jackson where any dope with more money than they know what to do with can buy it. Who knows what will happen to the car now, just because alot of money was paid for it doesn't mean it will be taken care of.

I wouldn't nessesarily say the buyer has more money than they know what to do with. Lets be realistic. The same money would have bought him a brand new Caliber.

[badandy]

Sellers get lucky all the time on eBay, remember the Positive Impressions Shelby oil cap that sold for about $130, while the original price from PI was only about $20? You didn't hear all this flap about that sale, "how David got screwed." It was accepted that an uninformed buyer paid a stupid high price. And that is exactly what has happened here. An uninformed buyer paid a stupid high price for a 1988 CSX-T. And if it had been offered by a private seller, with no SAI history, it most likely never would have drawn that much money.


Barry
I agree with all but...with all due respect...there is hardly a comparison between an oil cap and a 1 of 1,002 car. There is also hardly a comparison between B.J. and Ebay...although I get your premise. I do believe the original owner has a right to be upset. Not because they made money on the car...but that they sold it so soon...because it was bound to happen one day.

I'm not sure why anyone other than the original owner would be upset about this? How many of us have even been a patron to the place to know that they had a CSX-T? :p

My question is did the car even get displayed?...if not that's a real kick in the nutz.

[sdac guy]

I agree with all but...with all due respect...there is hardly a comparison between an oil cap and a 1 of 1,002 car. There is also hardly a comparison between B.J. and Ebay...although I get your premise. I do believe the original owner has a right to be upset. Not because they made money on the car...but that they sold it so soon...because it was bound to happen one day.

I'm not sure why anyone other than the original owner would be upset about this? How many of us have even been a patron to the place to know that they had a CSX-T? :p

My question is did the car even get displayed?...if not that's a real kick in the nutz.
I don't know if it was ever displayed. I think I heard that it was, but I'm not sure.

Barry

[ScottD]

And for folks to think they sat back and contemplated buying a 1988 CSX-T so that they could flip it a year later for more than they paid, well that is just absurd.

They sold the car through Barrett Jackson, it wasn't like they put it on ebay or put an ad up on Team Shelby. I don't think they bought it to flip it either, but did it go up with no reserve and the potential for them to take a loss on it? I would guess it had a reserve on it.

Barry - how would you feel if you restored EXP1 Shelby Lancer, sold it to SAI because you wanted your hard work preserved, and then a year later saw it go through Barrett Jackson? Would you take the same stance you are now?

I just feel what happened is kind of lousy, others may feel its fine, I just don't.

[ScottD]

I wouldn't nessesarily say the buyer has more money than they know what to do with. Lets be realistic. The same money would have bought him a brand new Caliber.

That's true Mike, but in terms of other Shelby Dodges, this is like Hemi Cuda convertible money :-)

[Marcus86GLHS]

i think this one particular transaction is an anomoly. i do not read anything into it. 1988 CSX-T's in mint condition are not $20,000 cars.

[TopDollar69]

How many low mileage CSX-Ts can there be? How many miles would have they had when they were sold to te public?

[badandy]

How many low mileage CSX-Ts can there be? How many miles would have they had when they were sold to te public?

This is the real situation at hand IMO. There was 1 at SDAC....1! I would be willing to bet they are the most rare these days.

[Marcus86GLHS]

Dave L. bought one just as nice (maybe nicer), with only 1,700 (seventeen hundred) miles, a couple years ago for less than 1/2 of what this one went for.

[sdac guy]

They sold the car through Barrett Jackson, it wasn't like they put it on ebay or put an ad up on Team Shelby. I don't think they bought it to flip it either, but did it go up with no reserve and the potential for them to take a loss on it? I would guess it had a reserve on it.

Barry - how would you feel if you restored EXP1 Shelby Lancer, sold it to SAI because you wanted your hard work preserved, and then a year later saw it go through Barrett Jackson? Would you take the same stance you are now?

I just feel what happened is kind of lousy, others may feel its fine, I just don't.I've been informed from someone that read my post that B-J hasn't allowed the use of reserves for some years now.

That's a good question Scott. But truth be told, while I might not feel all that good about it, I would take the same stance. When a person sells something they lose all rights to it's future use, unless something has been agreed to either in writing or by handshake. I certainly wouldn't bemoan the the facts (or non-facts as the case may be) publicly in an online forum, but maybe that is just me.

And I agree to some extent that it is a disappointing situation (I won't go so far to say its lousy). But I think way too much has been made of the situation in this thread. There has been far too much speculation, and to me that is just as disappointing. Folks are letting their emotions run away with them, and that puts a spin on it, and for the most part they are not willing to face the facts.

But to be clear, the only part of this that is disappointing to me, is the fact that the car was destined to be in the Shelby museum and now it will not be there.

Barry

[Abkshelby]

I personally do not care that this CSX-T sold for this price.
Will it help the value of mine? Maybe. Most likely not.
I never have cared what my cars are worth.
I have driven these cars for 25 years because I love what they meant then and to me now.
So many in the turbo Dodge community just buy these cars to part out and never make that much money off of them.
If more people would have cared early on the demise of many cars would have been avoided.
Everything that sells at BJ sells for inflated prices.
Yeah $23k is an unheard of value for a CSX-T.
Would I take any of mine there to sell them? Absolutely not.
Whoever bought the car will probably try to sell it and realize they won't get half of what they paid for it. Greed is why the museum sold the car. That whole organization has never give a damn about the Shelby Dodge community. They just got very lucky and capitalized on someone that had no clue of what the car was really worth. (Much less)
We need these cars to fall into the hands of people that respect them for what they were.
But they never seem to get sold that way.

[johnl]

i think this one particular transaction is an anomoly. i do not read anything into it. 1988 CSX-T's in mint condition are not $20,000 cars.

Marcus, I always value your posts :thumb:but respectfully, I do not see it as an anomoly. Rather, it is the premium that the SAI provenance gave the car. That fact validates the car and, to be cynical, Mr. Shelby likely is not long for this world. An investor in automobiles cannot find a lower cost of entry/bigger prospective gain than buying a SD from SAI via BJ at this time. Not that that is the case. I do not know, I am just speculating.

Having paid $20,000, it is fair to say that the person who bought the car is going to take care of it. It will be preserved.

Another thing. If I had the job of managing the assets that are SAI, I might be forced to sell something from time to time to prove the value of the assets to underwriters for lenders or insurers - to provide some kind of benchmark multiplier for the SAI provenance. In this case it was roughly 2Xs street value. If SAI needs money, it needs more than $20K, and that simple little sale of that CSX-T at BJ could mean than SAI now can borrow millions more than it could before. In that sense, Steve, :hail:you may have helped SAI more than we know. Not a bad thing.

[badandy]

I personally do not care that this CSX-T sold for this price.
Will it help the value of mine? Maybe. Most likely not.
I never have cared what my cars are worth.
I have driven these cars for 25 years because I love what they meant then and to me now.
So many in the turbo Dodge community just buy these cars to part out and never make that much money off of them.
If more people would have cared early on the demise of many cars would have been avoided.
Everything that sells at BJ sells for inflated prices.
Yeah $23k is an unheard of value for a CSX-T.
Would I take any of mine there to sell them? Absolutely not.
Whoever bought the car will probably try to sell it and realize they won't get half of what they paid for it. Greed is why the museum sold the car. That whole organization has never give a damn about the Shelby Dodge community. They just got very lucky and capitalized on someone that had no clue of what the car was really worth. (Much less)
We need these cars to fall into the hands of people that respect them for what they were.
But they never seem to get sold that way.

That's how I feel about it all...to a "T"...lol.

[Directconnection]

Whoever bought the car will probably try to sell it and realize they won't get half of what they paid for it. Greed is why the museum sold the car. That whole organization has never give a damn about the Shelby Dodge community. They just got very lucky and capitalized on someone that had no clue of what the car was really worth. (Much less)

You are forgetting something: it takes two to tango. IE: for this car to get bid up to $23,000..... a least *TWO* clueless people were having a bidding war ;)

[sdac guy]

You are forgetting something: it takes two to tango. IE: for this car to get bid up to $23,000..... a least *TWO* clueless people were having a bidding war ;)

Now that made me laugh! :thumb:

How true a statement can be.

Barry

[Abkshelby]

You are forgetting something: it takes two to tango. IE: for this car to get bid up to $23,000..... a least *TWO* clueless people were having a bidding war ;)

Yeah and your forgetting something too.
One day the person that paid this price will realize he or she won't sell it for half the price they paid. Then where will it end up?
Probably sold in pieces like many of them were.
The '89 CSX I have came close to the original owner parting the damn car out.
And it had 31k miles on it in 1998 when my chapter coordinator saved it.
I bought it in '03 finally.
Greed in the car world is just insane.

[CoolV300C]

B-J auctions are indeed no reserve auctions. If it crosses the block, it sells.

No matter the reason it was sold, it does help our community by increasing awareness. When I went to the building at the auction, I had to hang around forever to get some good pics because people were checking it out. I did not see anyone looking at the Hertz or 350 prototypes. It got attention at the show, on their website, in the magazine, at the Team Shelby forum, and all over.

Doubt they sold it to keep Shelby afloat. They could earn more cutting a secretary's hours. In reality, when you sell your car, the new owner can do with it what they please. That's life.

It's nice to see a Shelby Dodge get some attention, and this one did!

[Abkshelby]

Let's face it.
The Shelby Dodge community is dwindling by the day.
There are rapidly becoming less and less cars to buy because time has taken their toll.
How many good turbo cars have you seen in junkyards that should not have been there?
I know I have seen tons of them over the years. (Numbered Shelby cars too)
This CSX-T was a fluke that in real life of us every day Joes will never happen.
I still do all I can to support this community but frankly I am getting tired of trying to talk sense into people. It seems nobody cares about saving any of these cars anymore.
Let's just part it out and sell parts. (No names will be mentioned but it should be obvious)
I will never try to sell a car on these forums again.
The rudeness of too many people on here just makes it not fun anymore.
Carroll Shelby made fun cars for Chrysler again in all aspects during the 80's.
He and Lee Iacocca will always be a part of what was Chrysler heritage.
Carroll believed in these cars. But they were always affordable and probably always will be for as long as they remain around.
Just take pride in knowing that at least one Shelby Dodge sold for this price. (Well others have also) Time will tell if this does anything to the value of the cars. I really don't think it will.

[BadAssPerformance]

You are forgetting something: it takes two to tango. IE: for this car to get bid up to $23,000..... a least *TWO* clueless people were having a bidding war ;)

Really? *cough* shill *cough*

[j4278h]

Really? *cough* shill *cough*

I thought it was a given that BJ has trolls in the audience jacking prices on everything from lowly shadows to million dollar cars.

[1984rampage]

Let's face it.
The Shelby Dodge community is dwindling by the day.
There are rapidly becoming less and less cars to buy because time has taken their toll.
How many good turbo cars have you seen in junkyards that should not have been there?
I know I have seen tons of them over the years. (Numbered Shelby cars too)
This CSX-T was a fluke that in real life of us every day Joes will never happen.
I still do all I can to support this community but frankly I am getting tired of trying to talk sense into people. It seems nobody cares about saving any of these cars anymore.
Let's just part it out and sell parts. (No names will be mentioned but it should be obvious)
I will never try to sell a car on these forums again.
The rudeness of too many people on here just makes it not fun anymore.
Carroll Shelby made fun cars for Chrysler again in all aspects during the 80's.
He and Lee Iacocca will always be a part of what was Chrysler heritage.
Carroll believed in these cars. But they were always affordable and probably always will be for as long as they remain around.
Just take pride in knowing that at least one Shelby Dodge sold for this price. (Well others have also) Time will tell if this does anything to the value of the cars. I really don't think it will.

+ 100000000000 :thumb:

[89csx10]

I don't know if it was ever displayed. I think I heard that it was, but I'm not sure.

Barry

I did'nt see it when I was at the Vegas Mopar Show. They had a white Dakota, a GLHS, an 87 CSX, and a 84? Charger.

[shelbycsx4me]

I have been in contact with Steve Davis at Barrett Jackson and he will
forward my contact information to the new owner of the 20k "T".
The whole intent is to know where it went, who has it and if it's in a
private collection or museum. I have documentation that I had ready
for SAI and planned on delivering the paperwork when the "T" made the line-up.
Now, I want to personally deliver all the paperwork myself to the the new guy.
It's a long shot, but it's what I want to do.

There was some talk about me not getting a re-purchase agreement.......
It never crossed my mind because who know it would ever happen.
Would the "T" been re-sold if I made the deal with the
Chrysler Museum? I'd say no, but ya never know there either.
Will it stay with the new owner more than 11.5 months?
I can only hope.
SLK

[Gaboon]

I just read each and every post in this thread and I can't believe how many of you who claim to be *Shelby Dodge enthusiast’s* have said that the car was sold for so much more than it's worth.
Well, it was obviously worth the $21,000 to someone and I hope he enjoys the car and continues to preserve it in its near perfect condition.

These numbered cars are rare and getting more rare each year because so many of the enthusiast’s can't be bothered to restore them and end up parting them out or simply scrapping them. No wonder the value of these cars hasn't risen. If the so called enthusiast’s don't hold them in very high regard, why would a new comer to these Shelby Dodge vehicles decide to restore and/or preserve one let alone even purchase one.

To me, this is the reason why these cars haven't appreciated.

It's times like this when I scratch my head and wonder if I belong to the right club.

Joey

[badandy]

I just read each and every post in this thread and I can't believe how many of you who claim to be *Shelby Dodge enthusiast’s* have said that the car was sold for so much more than it's worth.
Well, it was obviously worth the $21,000 to someone and I hope he enjoys the car and continues to preserve it in its near perfect condition.

These numbered cars are rare and getting more rare each year because so many of the enthusiast’s can't be bothered to restore them and end up parting them out or simply scrapping them. No wonder the value of these cars hasn't risen. If the so called enthusiast’s don't hold them in very high regard, why would a new comer to these Shelby Dodge vehicles decide to restore and/or preserve one let alone even purchase one.

To me, this is the reason why these cars haven't appreciated.

It's times like this when I scratch my head and wonder if I belong to the right club.

Joey

I understand how you feel Joey. Let me just say that when you drive from Canada to SDAC...frag your clutch...end up in a garage with club members to get it back together so you can get home...than you are still in the right club :thumb:

[Gaboon]

I understand how you feel Joey. Let me just say that when you drive from Canada to SDAC...frag your clutch...end up in a garage with club members to get it back together so you can get home...than you are still in the right club :thumb:

I guess I over generalized.
There are definitely some very good people and good friends I have met and enjoy hanging out with that are within SDAC.



Did I mention drinking with? Yeah, that too.:D

[contraption22]

I just read each and every post in this thread and I can't believe how many of you who claim to be *Shelby Dodge enthusiast’s* have said that the car was sold for so much more than it's worth.
Well, it was obviously worth the $21,000 to someone and I hope he enjoys the car and continues to preserve it in its near perfect condition.

These numbered cars are rare and getting more rare each year because so many of the enthusiast’s can't be bothered to restore them and end up parting them out or simply scrapping them. No wonder the value of these cars hasn't risen. If the so called enthusiast’s don't hold them in very high regard, why would a new comer to these Shelby Dodge vehicles decide to restore and/or preserve one let alone even purchase one.

To me, this is the reason why these cars haven't appreciated.

It's times like this when I scratch my head and wonder if I belong to the right club.

Joey

There is a whole big long thread about why these cars don't get restored.

http://www.turbo-mopar.com/forums/showthread.php?t=46993&highlight=restore

[Marcus86GLHS]

".....Well, it was obviously worth the $21,000 to someone ........."


that can't be argued.

but even you have pointed to what some of us are saying, it is worth $21,000 to some ONE......one person (or two competing bidders caught up in the BJ Factor as was observed in prior posts).

i would also make same arguement if this car would have gone for say $2,100.....i would say dont believe that mint 88 CSXT's are $2,100 cars based on one BJ transaction.

i think one has to step back and look at the averages the cars bring. 21 grand is way, way to the right of the bell curve on the 88 CSXT in 2010. maybe one day 21 grand will be an average value for all mint 88 CSXT's......i can't see it, but maybe.

[Gaboon]

".....Well, it was obviously worth the $21,000 to someone ........."


that can't be argued.

but even you have pointed to what some of us are saying, it is worth $21,000 to some ONE......one person (or two competing bidders caught up in the BJ Factor as was observed in prior posts).

i would also make same arguement if this car would have gone for say $2,100.....i would say dont believe that mint 88 CSXT's are $2,100 cars based on one BJ transaction.

i think one has to step back and look at the averages the cars bring. 21 grand is way, way to the right of the bell curve on the 88 CSXT in 2010. maybe one day 21 grand will be an average value for all mint 88 CSXT's......i can't see it, but maybe.

Maybe this is a sign of things to come.
Perhaps the average price of the numbered cars in good condition is about to go up.
Personally, I believe these cars (numbered cars) are under valued.

I also saw some comments that pertain to the car in question not even being intocooled and that it isn't as desirable because of which. Sure, it doesn't make as much power as an intercooled version but is still a very rare car.
For instance a 289 cobra doesn't make as much power as a 427 but will almost always fetch more money.

I'm glad that the CSXT brought in some good coin and maybe some outsiders looking into buying some Shelby history will take a closer look at what Shelby had his hands on in the 80's

I'm proud to own and show my car, I keep it as pristine as possible and speak fondly about our club and cars to anyone who'll listen.
What I want is for car enthusiasts in general to look at what we have and desire them, which in turn may help preserve what I consider very valuable.

[puppet]

I taped the whole auction and it amazed me how fast the bid reached $21,000. I mean quick.

[Oggie Fisher]

Part of the draw of SD's, at least to me, has always been their lack of mainstream appeal and that they are inexpensive. What other people think of them, or how much others value them doesn't matter to me. Most people consider my car worthless, and question why I still have it, but seeing as I am happy with it and have no intention of parting with it that doesn't bother me. It is nice to see the occasional mainstream coverage of SD's but most of the time they get the facts wrong, or it's only a foot note in the larger Ford Shelby story.
I think it's inevitable that SD's will go up in value. I think many car guys have been priced out of the hobby, I hope the same doesn't happen to SD's. It'd be a shame if those that truly appreciate the cars, for what they are, couldn't afford them b/c a rich guy bought it b/c of the name on the side. That may be a way off, but whenever I see a low mileage numbered or unnumbered car for sale wonder if will one day regret not picking one up while they're still affordable.

[GLHS592]

Wow! Take a break from the Turbo Mopar scene and this happens. I read this whole thread and can see where everybody is coming from with most every viewpoint. I have been a proponent on Shelby Dodge values rising for years, but even this sale price kinda shocked me. When I started reading, I guessed somewhere between $12k and $15k and that was knowing how inflated B-J auction prices are. The fact that it was a CSX-T, which is widely considered the least desireable Shelby Dodge, and wasn't a GLHS bringing that money blows me away. I guess I'd better state that the "T" is my favorite CSX before I get flamed to charcoal.

I got into turbo Mopars by accident because of a cheap 1985 Shelby Charger for sale on campus. I knew of the GLHS Omni, Shelby Lancer, and Shelby Dakota. After driving my Shelby Charger and liking it, I became aware of the numbered Shelby cars while looking up performance options on the internet. I purchased my 1987 GLHS 4 years later, not because it could be a future collectible or Shelby pedigree, but because I liked the thought of a factory intercooled Shelby Charger.

I agree with alot of what akbshelby and Gaboon had to say. It never ceases to amaze me how Shelby Dodge enthusiasts are the only ones in the whole wide world of the automotive hobby that downplay the values of the cars they "love". When these same people go to sell their Shelby Dodge, they complain because they can't get what it's "worth" or can't even sell it at all. Then, they part out a perfectly good car and junk out the rest because they are too impatient to wait for the right buyer. I've tried to sell my GLHS and I've had comments ranging from "what a good deal it is and I wish I had the money" to "You're on crack". Some folks have no problem telling me how overpriced my "junk" car is and how idiotic I am while they are hiding behind a computer keyboard. The rudeness that comes from some of you has driven people like me away from this hobby. At one time, I thought I'd never sell my GLHS, but I feel like I want to cut and run while the getting is good.

This hobby is WAY different than it was in 1995 when I started. Hopefully, I'm wrong about this being just a turbo Mopar community problem and it's just the nature of the online community in general. I know it's easier to speak your mind online than it is in person. Maybe it's the world and everything in it that changed.

[shelbycsx4me]

somewhat interesting.... maybe not.

http://www.marketwire.com/press-release/Barrett-Jackson-Sell-Rare-Collection-Shelby-Development-Vehicles-During-Palm-Beach-Auction-1140092.htm

[BadAssPerformance]

Interesting... selling off the prototypes, like back in '94

[ScottD]

Was CSX-T #475 a prototype?

[CoolV300C]

Was CSX-T #475 a prototype?

No. It was the only of the Shelby cars at the auction that was not a mule or prototype.

[johnl]

".....Well, it was obviously worth the $21,000 to someone ........."


that can't be argued.

but even you have pointed to what some of us are saying, it is worth $21,000 to some ONE......one person (or two competing bidders caught up in the BJ Factor as was observed in prior posts).

i would also make same arguement if this car would have gone for say $2,100.....i would say dont believe that mint 88 CSXT's are $2,100 cars based on one BJ transaction.

i think one has to step back and look at the averages the cars bring. 21 grand is way, way to the right of the bell curve on the 88 CSXT in 2010. maybe one day 21 grand will be an average value for all mint 88 CSXT's......i can't see it, but maybe.

What is the methodology of NADA or Kelley Blue Book? Do they throw out a sale because it is to the left or right of the curve? Do they even consider a curve? What if low, or no, comparable sales means that there is no curve? but there IS one prominent sale at auction?

[Marcus86GLHS]

".....Do they throw out a sale because it is to the left or right of the curve? ......"

no idea how they do their values.........what if this car sold for $5.00? would we all be junking our 88 CSXT's?

[G-man]

Guys, it's funny......I was just discussing where my cars will end up when I get tired of them(doubtful) or die (not doubtful).

I got into an argment with my father about this. I wanted the last G-body built 1993 Daytona IROC/RT (nine miles) to go to the Chrysler museum. I wanted my three mile, last 1986 Mustang SVO made too back to Ford's Dearborn museum. And who knows where the 773 mile '89 CSX-VNT, the 5200 mile Charger GLH-S and 8300 '87 CSX goes!

Pops said my nephew gets everything and becomes master of ceremonies. I said to museums. But......

I heard museums are are under NO obligation to keep the cars. They can do whatever they want with your car once they take ownership.

After reading these posts.....my mind is made up.

To hell with these "museums"....that's why I built my own!

I'll be buried in the SVO. Look up my nephew (age 5 now) when I move on.

Later guys!

Gerry, caretaker of:

'84 Mustang SVO, bought new, 8162 miles
'84 Mustang SVO, Detroit Grand Prix Pace car
'85.5 Mustang SVO, comp prep, 1 0f 10, 548 miles
'86 Mustang SVO, last one made, three miles
'95 Mustang Cobra , bought new, 5 miles
'99 Saleen Mustang, S351 Speedster
'00 Saleen Mustang, S281 S/C, one of one
'03 Saleen Extreme, custom color
'03 Mustang Mach 1, blue, bought new, 30 miles
'87 Charger GLH-S, bought nw, 5210 miles
'87 CSX, bought new, 8300 miles
'89 CSX-VNT, bought new, 1 of 15, Recaro's/50's
'90 Daytona Shelby, VNT, whit 1 of 536
'92 Daytona Shelby IROC,Turbo I, red, stik
'93 Dayona IROC/RT, green, bought new, last one made
'87 Porsche 944 Turbo, 18,000 miles, red
'01 Porsche 911 Carrera 4, 1 of 1, special paint

Daily car? '03 SVT Focus, three door,orange, bought new

[CoolV300C]

'84 Mustang SVO, bought new, 8162 miles
'84 Mustang SVO, Detroit Grand Prix Pace car
'85.5 Mustang SVO, comp prep, 1 0f 10, 548 miles
'86 Mustang SVO, last one made, three miles
'95 Mustang Cobra , bought new, 5 miles
'99 Saleen Mustang, S351 Speedster
'00 Saleen Mustang, S281 S/C, one of one
'03 Saleen Extreme, custom color
'03 Mustang Mach 1, blue, bought new, 30 miles
'87 Charger GLH-S, bought nw, 5210 miles
'87 CSX, bought new, 8300 miles
'89 CSX-VNT, bought new, 1 of 15, Recaro's/50's
'90 Daytona Shelby, VNT, whit 1 of 536
'92 Daytona Shelby IROC,Turbo I, red, stik
'93 Dayona IROC/RT, green, bought new, last one made
'87 Porsche 944 Turbo, 18,000 miles, red
'01 Porsche 911 Carrera 4, 1 of 1, special paint

Daily car? '03 SVT Focus, three door,orange, bought new

You need to post some pics of these!!

[G-man]

Last night, two fellas from Michigan came by to shoot pictures of my Mustangs in the house for an upcoming fox body book. The '89 CSX-VNT was sitting next to them. The one guy ays...."Awesome, a Shelby Dodge. These things are really rare. And pretty fast too."

So the other guy comes and gives it a long, long once over, wanting specs and numbers from me.

I was stunned. This coming from two 5.0 V8 lovers!

I forgot to mention values in my first post regarding the BJ CSX-T. In my mind, I'll I can say is...."It's really about time." I've seen plenty of other cars rise, and these lagged behind. Same with the SVO Mustangs. Just no respect.

It's changing. So, keep the faith. What goes down somtimes must come up!

Pictures of mine? I'll try someday. Just sooooo busy, and no camera. Use your imagination on mine till then. That white CSX-T that went for $21,000? Take that and multiply the "niceness" by about 10 times. Lower miles, original everything (including tires) and all docmentation, paperwork and factory brochures, press kits, and what not. They still smell new.

Oh, and auctions? I don't like them. They inflate values with hype and false bidders. And they have eliminated the blue collar type guys out of the arena. I can't stand "smoke and mirrors" to sell cars. I'd rather talk one on one to a seller.

Just my two cents. Great forum topic.

Gerry

[BadAssPerformance]

Thanks for posting Gerry. Being a Daytona, CSX and SVO fan, I love yer collection! :D

[johnl]

Ditto that Gerry.

[johnl]

".....Do they throw out a sale because it is to the left or right of the curve? ......"

no idea how they do their values.........what if this car sold for $5.00? would we all be junking our 88 CSXT's?


Yes, we agree.

NADA and Kelly exist because lenders subscribe to their valuation services; that fact defines their product.

[ohlarikd]

Pictures of mine? I'll try someday. Just sooooo busy, and no camera. Use your imagination on mine till then. That white CSX-T that went for $21,000? Take that and multiply the "niceness" by about 10 times. Lower miles, original everything (including tires) and all docmentation, paperwork and factory brochures, press kits, and what not. They still smell new.

Gerry

Where in PA do you live Gerry? I would love to see this collection, and I can take some pics for the forum here. I am in NJ, I can make the trek!

Derek