For those that checked out the Leake Auction vehicles posted for the Friday auction, here are the results on the 1970s vehicles that we featured. All prices listed do not include fees.
1979 Pontiac Firebird Trans Am: $9300
1979 Jeep CJ7 Golden Eagle: $12,000
1978 MG Midget: $3400
1973 VW Thing: $6100
1972 Buick Skylark: $17,000
The 1976 Lincoln Mark IV did not meet reserve and is still available.
How did y’all do on prices? Are you shocked at what a real auction brings?
To answer a couple of questions, the Dallas Fire Marshall requires the gasoline tanks to be drained to less than a quarter of fuel showing on the gauge. The cars get tagged and the fuel filler gets blue tape as a deterrent for tampering. One of the more visible cars I drove was a numbers matching 1970 Dodge Challenger with a 383, bench seat, and column shifted automatic.
My favorite vehicle I drove was a 1987 Chevrolet Monte Carlo SS Aero Coupe that also had a bench seat. Such roomy, solid, and smooth driving vehicles. If it was my money, I would go for a 1986 1/2 Pontiac Grand Prix 2+2.
What did the Monte Carlo sell for?
$7750 plus fees.
That sounds low if it was a nice car.
My 86 Pontiac Grand Prix 2+2 Aerocoupe
All prices seem low
Great place to buy a car. I think some of the big flashy shows aren’t quite realistic.
Because the big shows have the macho factor to contend with. You ever watch to see who actually wins the big ticket items? Usually a big dude with ostentatious gold rings and a trophy wife hanging on his arm, giving him a big ol’ squeeze to reinforce his manhood for dropping six figures on this winning bid. Ok, that might be a bit of an exaggeration but not by much. The big auctions have turned into a rich man’s pissing contest.
The green car pictured is a Dodge Challenger not a Barracuda.
You are correct. Too many fumes when I wrote the piece.
I am actually surprised at how cheap some of them were bought for! I was actually thinking about bidding on some of them, but I just figured that they would go so high I would be pushed out anyway! I guess I should have bid to just see! You snooze you loose! My bad luck!
Interesting how the over riding opinion here is that every listing is overpriced, yet everyone guessed WAAAAY to high.
Perfect example why I would buy at auctions but never sell. The bidding audience often isn’t large enough to get fair prices for your vehicle. These prices are way lower than the dealers who prbly bought them will resell them for.
The Midget looked like a bargain
Looks can be deceiving… anyone who has ever owned a British car probably will disagree…
What did the Challenger sell for?
$33K. Do you think that is a good deal?
Don’t know if that’s a good deal, but there is no comparison to the way the new ones look. The older ones combine a lightness of being with a very purposeful stance. The new ones look clunky and contrived by contrast. I think these cars will only increase in value in the future.
I think we estimate high because of all the high priced junk we see. We figure if a rusted out hulk is priced at $10k plus, a nice restored vehicle has to be worth 4x that! It ain’t always so Joe!
The results seem a lot lower than similar cars would bring at the bigger advertised auction houses. Maybe these cars were auctioned as “no reserve”?
Same Question: Were the items that sold “No Reserve” items?
I believe that there have been episodes of Gas Monkey Garage where they bring cars to this exact auction house and Richard always gets burned, which is always fun to watch.
I paid $10000.00 new for my 1979 brown trans am .. it had the WS6 package though.. I would have love this one and paid more