Another thought about auctions. Mecum is
having one in Florida next weekend. He has a bunch of Chevelles, Hemis, and a
few retired drag cars. He's even got a pack of MGs. I am anxious to see his
results to see if the madness is only a BJ, TV, phenomena. Check Dana Mecum out
at http://www.mecumauction.com/ .
I will be searching for results while watching the Rolex 24 Hours on TV and
wishing I was in Daytona.
Alex LaRue
LaRue Insurance
Personal & Business
Insurance
Collector Car Insurance
Life
Insurance
P O Box 119
Hodgenville, KY
42748
800-303-3518 Fax 270-358-8978
Visit us online at
www.LaRueInsurance.net or www.LaRueClassics.com
Join President Bush and a
host of others here in Hodgenville on February 12th, 2008 to kickoff the two
year Lincoln Bicentennial Celebration!!!
I am amazed at what the cars are bringing
now. I agree that some of the BJ thing is egos with too much money competing
for a trophy, but, and that is a BIG BUT, it happened too many times on
Saturday to be a fluke. Those folks are driving the values up on just about
every collector car and insurance is about protecting your investment, (aren't
you glad you own a Chevelle). Of course you don't have to insure your car for
that much. It is good to have documentation (BJ actual sales) if you do want
to insure your car for the max. That's how I use their results. On a side
note, it seemed that the Street Rods were down thru Saturday. Anybody else
pick up on that or did I miss the $100K + sales?
Alex LaRue
LaRue Insurance
Personal & Business
Insurance
Collector Car Insurance
Life
Insurance
P O Box 119
Hodgenville, KY
42748
800-303-3518 Fax 270-358-8978
Visit us online at
www.LaRueInsurance.net or www.LaRueClassics.com
Join President Bush and
a host of others here in Hodgenville on February 12th, 2008 to kickoff the two
year Lincoln Bicentennial Celebration!!!
In a message dated 1/20/2006 8:58:55 A.M. Eastern Standard Time,
[EMAIL PROTECTED] writes:
I tuned
in late last night and caught em putin the hammer down on a Red 66 SS for
$125,000. Can anyone give me the details that made this one that
special? We use Barrett Jackson, Mecum, Kruse and other auctions as
comparables when insuring high dollar cars. Sometimes the underwriters
just don't understand and you have to show proof. On another note, I have
an old 68 Malibu out back that I am thinking about sticking a Hemi in and
running it through BJ in the fall. Anyone know where I can get a set
of motor mounts for that??? (all in jest of course unless I could
find one of those Smokey Yunick
Hemis).
Just out of curiosity, why do you use these auctions for insurance
purposes? This is just a personal opinion of mine, but all I see these
auctions as is rich people competing against one another to see who has too
much money to spend. In other words, I see it as all smoke &
mirrors, not a reflection of what the cars are realistically
worth.
Tom
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