Some years ago, at prior Barrett-Jackson auction, I witnessed a car sell at a world-record price. It was a nice car, but not a remarkable one or an especially rare one. There was nothing in the catalog description that tipped off readers that it would reach a stratospheric sales price, but it did.
The next day, when Barrett-Jackson Chairman and CEO Craig Jackson hosted his morning recap of the previous day’s sale, he was asked why this particular car was a record breaker. Jackson smiled, rubbed his hands together and said simply, “Because two guys wanted it!”
And that, after all, is what auctions come down to: To get top dollar, you have to have at least two bidders who really, really, want a particular car.
Now, thanks to the Hagerty Valuation Tool, it’s not tough to figure out what a stock, restored classic car is worth.
Resto-mods are a wholly different beast entirely. There is no set value for a custom-built, heavily modified vintage car. Since each one is different, there’s no real way to know what a particular resto-mod should sell for.
Which brings us neatly to Lot No. 800, a stunning 1952 Buick Super 8 Custom 2-door hardtop. A car that sat in a Minnesota barn for 30 years, it has been subject to a very expensive and extensive rebuild with the best of everything.
Under the hood is a Bill Mitchell-built 572 cubic-inch engine that pumps out 700 horsepower. Naturally, the brakes and suspension have been upgraded to handle the power and make it a joy to drive. Inside, suede and leather seats, air conditioning and custom gauges give it comfort and good looks. The paint is sort of a metallic olive, rich and lustrous.
Everything about this car suggests quality, but are there two guys — or two women — who just have to have it? We’ll find out tonight.
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Live coverage from Barrett-Jackson Scottsdale continues tonight on FOX Sports 2 (7 p.m. ET) and FOX Business (9 p.m. ET). Here’s everything you need to know: