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It's much more special when you build it yourself instead of buying it built.
If you have the talent, and are willing to eat the massive depreciation of every part you buy. That convertible and Morrison chassied 57 are going to make your argument a tad difficult to accept once you add up your receipts, and factor in the time it would take any of us to build one of those. Both of those cars are darn special.
 
Add to that that the seller is also charged 15% sellers fee on the sale price. So they don't even get the full price it sells for. The sellers also must
agree to sell the car for the auction price........there are no reserves anymore with BJ

Mikey
 
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Discussion starter · #23 ·
Add to that that the seller is also charged 15% sellers fee on the sale price. So they don't even get the full price it sells for. The sellers also must
agree to sell the car for the auction price........there are no reserves anymore with BJ

Mikey
I didn't realize they didn't allow reserves any longer because I was wondering why they didn't have one. That is one huge risk if there turns out to be a bad day. After seeing some of those sale prices I wonder if they will need to change that back.

Art
 
'Morrison chassisied big block car went for 90k' can be seen here.
I might be comparing apples to oranges, but it was just a little over three years ago that blown502's 1957 big block Morrison chassis Bel Air sold @ Mecum for $258,500.
View attachment 454682
You can't deny the quality, craftsmanship of this car, but wow, that's still a lot of money, Carmine.
 
If you have the talent, and are willing to eat the massive depreciation of every part you buy. That convertible and Morrison chassied 57 are going to make your argument a tad difficult to accept once you add up your receipts, and factor in the time it would take any of us to build one of those. Both of those cars are darn special.
I didn't say it wasn't a good deal, or that I wouldn't have bought it if I had the cash in my pocket (if it were a 55). I said it is more special when you build it yourself. I've spent a good deal of money on my 55 but after many years it is still far from finished, yet still I have the bragging rights to say that I myself repaired every part down to the motor and transmission. It's MY car. I turned almost every nut and bolt on it, including everything down to the engine, transmission, and the rear end, and I'm proud of that, especially because I'm not a mechanic.

I'll reiterate, I'm not saying that if I had the cash and one of them were a 55, that I wouldn't have bought it. It simply would not be as special to me as one that I built myself.
 
I have built quite a few VERY nice cars over the years, and it definitely takes much time.
I spend 10 years building a beautiful Resto Mod 67 Nova that started as a rusty body shell. Sold that last year privately and started look for a Nomad.
Did not have 10 years or more to start from a "major project car", so looked for a finished Nomad that I could change to my tastes.

Found this 55 Nomad "finished" on BaT, and won the bid last year.
The guy who owned this prior, took a BIG LOSS on what he had in it vs what I paid on the BaT auction, but that is chance you take when you pay people to build cars for you.

While it saved LOTS of hard work in starting from scratch with a rust bucket, I do have to say, since I did not build it, now I am finding and correcting LOTS of little things that were not done or not done correctly!
Been a bit frustrating but still gives me some things to do to "personalize" that car to my taste and I can say I did some of the work on it.

As far a BaT, they only get 5% to buyer, and only min or $100 fee to seller, and can have a reserve. You are just taking a chance by not seeing it in person, unless you are near where car is.

Nice to watch Mecum and BJ on TV, but is mostly for "high rollers" in my opinion.

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