Ex-Carroll Shelby 67 GT500 on BAT #0981

[6S896]

This entire auction was a joke. The seller should have been laughing all the way to the bank.

[rhjanes]

I am not sure, didnt Ford technically own those cars?

The intent of titling those cars in Shelbys name was one thing...making a profit and there are literally dozens of them.

To me that is a little different than him actually "owning" the car. That implies he used it and kept it. Thats the part that was exploited.

The interesting part is .... it is a very "Shelby" story.

Now, if we could only find his Bugatti....that would be a different story

Either Ford owned them or SAI owned them.   Not Shelby personally.

I thought the Bugatti was parked in storage with Jim Morrison's '67 GT500?  Or was it Van Morrison's.......

[Coralsnake]

Carroll really did have a Bugatti

[rhjanes]

Carroll really did have a Bugatti

I didn't know that.   Interesting.  But then he drove some great stuff in his career. 

[shelbymann1970]

This entire auction was a joke. The seller should have been laughing all the way to the bank.

but when a car doesn't meet its reserve how do we know in fact the top bid was real? I'm not accusing anything but it isn't rare for people to bid up cars for friends or an auction house( not Bat) bid a car up to the reserve. I watched Wayne Carini say that on a car he brought to pebble beach and at an RM auction stating on his TV show that there were no buyers in the room and the auction house can do that. BTW car didn't sell to the high bidder after auction either.

[Bill]

or an auction house( not Bat) bid a car up to the reserve.

This is no secret, it's been openly "buried" within the terms and conditions of every auction contract dating back to far before I ever got involved in such things. All you needed to do is actually read the T's and C's when you initially signed up as a bidder or seller. Same goes for the auction house not being responsible for the lack of a buyers due diligence. I've been told some prolific sellers actually list their cars at such auctions because of this.

[6S896]

This entire auction was a joke. The seller should have been laughing all the way to the bank.

but when a car doesn't meet its reserve how do we know in fact the top bid was real? I'm not accusing anything but it isn't rare for people to bid up cars for friends or an auction house( not Bat) bid a car up to the reserve. I watched Wayne Carini say that on a car he brought to pebble beach and at an RM auction stating on his TV show that there were no buyers in the room and the auction house can do that. BTW car didn't sell to the high bidder after auction either.

Reason I don't buy auction cars or run my cars through auctions, it's a scam. 4 years ago I bought two cars through GAA, both sellers told me the cars were great "Ready to go" The auction built the car's up explaining all the money for restoration and the success of the builders. Both vehicles were shit, couldn't even get one on the trailer. The rings were shot in one and had a severe rear main oil leak, and brakes didn't work. The other had two flat tires, a dead battery and had to hot wire to get it to crank, finally went to load it and the carb was so shot I couldn't keep her running without severe backfiring. The few I have bought on BAT have all been great cars. Other than buying from individuals I will always use BAT going forth if I have the need for an auction car. With BAT you also have the availability to inspect the car.

[pbf777]

  "I will always use BAT going forth"

    . . . . . 

  Scott.

[Bill Collins]

This entire auction was a joke. The seller should have been laughing all the way to the bank.

but when a car doesn't meet its reserve how do we know in fact the top bid was real? I'm not accusing anything but it isn't rare for people to bid up cars for friends or an auction house( not Bat) bid a car up to the reserve. I watched Wayne Carini say that on a car he brought to pebble beach and at an RM auction stating on his TV show that there were no buyers in the room and the auction house can do that. BTW car didn't sell to the high bidder after auction either.

I will relate one of my several personal bad auction experiences. In about 2014 I consigned a very nice 427 powered '69 restomod CJ Mach I to Mecum Kissimmee. Got a Saturday number and hauled it down there from PA.

The car crossed the block over an hour behind the appointed time, due largely to the auction inserting several "xxx.1" lots into the rotation, probably to give favored consignors prime time exposure. By the time the Mach reached the block, the bidder money was on its way out the door.

The car "bid" to within about $5K of my reserve, which I recall was $60K. As it was being pushed off the block, I approached one of the ring men and suggested that perhaps we might approach the last bidder and try to close the gap. His response to me was "Oh, we lost real money at $40K".

[6S896]

"I will always use BAT going forth"

    . . . . . 

  Scott.

Clearly stated "if I ever had the need to buy an auction car" sorry you took it out of context. You must work for the AP!

[shelbymann1970]

This entire auction was a joke. The seller should have been laughing all the way to the bank.

but when a car doesn't meet its reserve how do we know in fact the top bid was real? I'm not accusing anything but it isn't rare for people to bid up cars for friends or an auction house( not Bat) bid a car up to the reserve. I watched Wayne Carini say that on a car he brought to pebble beach and at an RM auction stating on his TV show that there were no buyers in the room and the auction house can do that. BTW car didn't sell to the high bidder after auction either.

Reason I don't buy auction cars or run my cars through auctions, it's a scam. 4 years ago I bought two cars through GAA, both sellers told me the cars were great "Ready to go" The auction built the car's up explaining all the money for restoration and the success of the builders. Both vehicles were shit, couldn't even get one on the trailer. The rings were shot in one and had a severe rear main oil leak, and brakes didn't work. The other had two flat tires, a dead battery and had to hot wire to get it to crank, finally went to load it and the carb was so shot I couldn't keep her running without severe backfiring. The few I have bought on BAT have all been great cars. Other than buying from individuals I will always use BAT going forth if I have the need for an auction car. With BAT you also have the availability to inspect the car.

then you must be one of the preferred sellers? I know enough " peons" who tried to sell their cars on bat but bat wanted a ridiculously low reserve or no reserve at all. Preferred sellers can pretty much name their reserve which seems the case on this car. I looked at the pics. Wrong date coded engine. Not a restored car. Condition to Hagerty  values the car was bid above above and RNM at 265K? I like the car don't get me wrong and a replaced engine doesn't bother me but I would have bowed out a long time ago bidding wise. BAT is a great venue to sell a car for the most part or even buy one sometimes. Really no commission selling and if you have a no excuses car it should do well most times. So many variables come into play on any given auction.

[6S896]

This entire auction was a joke. The seller should have been laughing all the way to the bank.

but when a car doesn't meet its reserve how do we know in fact the top bid was real? I'm not accusing anything but it isn't rare for people to bid up cars for friends or an auction house( not Bat) bid a car up to the reserve. I watched Wayne Carini say that on a car he brought to pebble beach and at an RM auction stating on his TV show that there were no buyers in the room and the auction house can do that. BTW car didn't sell to the high bidder after auction either.

Reason I don't buy auction cars or run my cars through auctions, it's a scam. 4 years ago I bought two cars through GAA, both sellers told me the cars were great "Ready to go" The auction built the car's up explaining all the money for restoration and the success of the builders. Both vehicles were shit, couldn't even get one on the trailer. The rings were shot in one and had a severe rear main oil leak, and brakes didn't work. The other had two flat tires, a dead battery and had to hot wire to get it to crank, finally went to load it and the carb was so shot I couldn't keep her running without severe backfiring. The few I have bought on BAT have all been great cars. Other than buying from individuals I will always use BAT going forth if I have the need for an auction car. With BAT you also have the availability to inspect the car.

then you must be one of the preferred sellers? I know enough " peons" who tried to sell their cars on bat but bat wanted a ridiculously low reserve or no reserve at all. Preferred sellers can pretty much name their reserve which seems the case on this car. I looked at the pics. Wrong date coded engine. Not a restored car. Condition to Hagerty  values the car was bid above above and RNM at 265K? I like the car don't get me wrong and a replaced engine doesn't bother me but I would have bowed out a long time ago bidding wise. BAT is a great venue to sell a car for the most part or even buy one sometimes. Really no commission selling and if you have a no excuses car it should do well most times. So many variables come into play on any given auction.

This entire auction was a joke. The seller should have been laughing all the way to the bank.

but when a car doesn't meet its reserve how do we know in fact the top bid was real? I'm not accusing anything but it isn't rare for people to bid up cars for friends or an auction house( not Bat) bid a car up to the reserve. I watched Wayne Carini say that on a car he brought to pebble beach and at an RM auction stating on his TV show that there were no buyers in the room and the auction house can do that. BTW car didn't sell to the high bidder after auction either.

Reason I don't buy auction cars or run my cars through auctions, it's a scam. 4 years ago I bought two cars through GAA, both sellers told me the cars were great "Ready to go" The auction built the car's up explaining all the money for restoration and the success of the builders. Both vehicles were shit, couldn't even get one on the trailer. The rings were shot in one and had a severe rear main oil leak, and brakes didn't work. The other had two flat tires, a dead battery and had to hot wire to get it to crank, finally went to load it and the carb was so shot I couldn't keep her running without severe backfiring. The few I have bought on BAT have all been great cars. Other than buying from individuals I will always use BAT going forth if I have the need for an auction car. With BAT you also have the availability to inspect the car.

then you must be one of the preferred sellers? I know enough " peons" who tried to sell their cars on bat but bat wanted a ridiculously low reserve or no reserve at all. Preferred sellers can pretty much name their reserve which seems the case on this car. I looked at the pics. Wrong date coded engine. Not a restored car. Condition to Hagerty  values the car was bid above above and RNM at 265K? I like the car don't get me wrong and a replaced engine doesn't bother me but I would have bowed out a long time ago bidding wise. BAT is a great venue to sell a car for the most part or even buy one sometimes. Really no commission selling and if you have a no excuses car it should do well most times. So many variables come into play on any given auction.

up
Actually never sold a car there, only bought two from BAT, I'm a private collector, not a flipper sir. Also not sure why you feel necessary to call me or someone you don't know a peon? Also not sure why you feel necessary with explaining to me how the car market works. I clearly said the seller should have taken the money and ran. No way was that car worth 270k USD. So what is your argument here if I was agreeing with you?