Thread: Mecum Auction
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Old 05-23-2010, 03:28 PM
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Originally Posted by camcojb View Post
yeah, until he found out how bad it was before being restored...............
Malitude went for $110K, the buyer held his Lear Jet to hang around for it to hit the podium. He would have gone a lot higher, but there wasn't a second guy to go with him. Great auction, lots of fun and a ton of nice muscle cars. And congrats to Charley on the sale, glad to see the car do well, it was very well received.

Jody
We actually don't know what kind of jet he had or ow high he would have bid but knowing he had a jet waiting was a good sign. The other guy stopped bidding when he was told by someone that he wasn't going to outbid the other guy. The winning bidder seems like a nice guy. The Ram Air 4 70 Trans Am was dirt cheap even if it did start out as a basket case. Those have been selling at 200k-250K. I just had a bad feeling about the car when reserve was lifted at 50K. You don't pull the reserve on a 200K car at 50K. Now I find out that the reserve got pulled because the bank owned the car and was cleaning house. Great auction. That was the best collection of musclecars at auction ever. There were good deals and bad deals but for the most part it looked to me that people paid pretty fair prices for cars. Next year should be even stronger.
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