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1970 gs 455 numbers matching motor trans , restored to concourse

Discussion in 'Cars for sale' started by wallypep, Mar 6, 2022.

Page 4 of 5
  1. wovenweb

    wovenweb Platinum Level Contributor

    Based on what I'm seeing with this Mecum auction, prices may not be going up like we saw for much of the last year. Excellent cars will still get very good prices, but over the last year or so I saw some marginal cars go for much more than I would have expected. I think we will see less of that for a while.
     
    wovenweb, May 21, 2022
    #61
    Dano likes this.
  2. wovenweb

    wovenweb Platinum Level Contributor

    wovenweb, Jul 18, 2022
    #62
    KevinsBuick, 446379H, Herman Gross and 1 other person like this.
  3. Mr Big

    Mr Big Silver Level contributor

    Sure is an eye catcher...just beautiful!
     
    Mr Big, Aug 5, 2022
    #63
    rolliew likes this.
  4. buick455V8

    buick455V8 Well-Known Member

    buick455V8, Aug 24, 2022
    #64
    Dano and rolliew like this.
  5. wovenweb

    wovenweb Platinum Level Contributor

    Just sold for a hammer price of $77k.
     
    wovenweb, Sep 10, 2022
    #65
    stump puller455 and Herman Gross like this.
  6. 446379H

    446379H Well-Known Member

    So they made $21,000 dollars flipping it ‍♀️
     
    446379H, Sep 10, 2022
    #66
  7. Dano

    Dano Platinum Level Contributor

    Gross profit, yes. Less sellers fees, transportation (wasn't it a no-sale prior?), time, interest, marketing, etc. Not sure they netted a lot but not a bad payday. Car got a lot of press attention of late.
     
    Dano, Sep 10, 2022
    #67
    BYoung and wovenweb like this.
  8. wovenweb

    wovenweb Platinum Level Contributor

    Not likely, they have to pay a 10% seller's commission and had to pay a $1k entry fee*, plus they would have had to have moved the car as it was in Indy this spring before showing up in Dallas.

    $77,000
    - 7,700 Seller's commission
    - 1,000 Entry Fee
    = $68,300 before shipping and other costs.
    -50,000 listed price here

    $18,300
    This doesn't include any Indy related expenses.
    Don't get me wrong, still a profitable venture.

    *Reserve was lifted so in theory this what they would have paid, but I believe the fees can be discounted at auctions discretion.
     
    wovenweb, Sep 10, 2022
    #68
    KevinsBuick and Dano like this.
  9. wovenweb

    wovenweb Platinum Level Contributor

    Yes, really makes me wonder who the second buyer was that was able to get the press coverage for this car. No disrespect intended to the OP or Buicks, but this is a one of 8+k '70 GS 455 coupes* produced that year.

    *Base GS455s + Stage 1s
     
    wovenweb, Sep 10, 2022
    #69
    446379H and Stage 2 iron like this.
  10. 446379H

    446379H Well-Known Member

    Hammer was 79K . May have negotiated a lower commission .
     
    446379H, Sep 10, 2022
    #70
  11. Dano

    Dano Platinum Level Contributor

    Prob. a record price for a Non-GSX std. 455.
     
    Dano, Sep 10, 2022
    #71
    Stage 2 iron, wallypep and Smartin like this.
  12. SHERWOODSTAGE1

    SHERWOODSTAGE1 Well-Known Member

    I am usually one of those that believes a classic musclecar car should be left as born original color for return / resale value , but I guess this sale proves otherwise . For the record , I love green cars and would prefer the original green !!!
     
    SHERWOODSTAGE1, Sep 11, 2022
    #72
    Dano likes this.
  13. eagleguy

    eagleguy 1971 Skylark Custom

    Hey I had a green interior! LOL
     
    eagleguy, Sep 21, 2022
    #73
  14. 446379H

    446379H Well-Known Member

    446379H, Aug 30, 2024
    #74
    Dano likes this.
  15. wallypep

    wallypep Silver Level contributor

    Wonder what it goes for this time , I am pretty sure last time was a record sale for a non stage 70 455
     
    wallypep, Aug 30, 2024
    #75
  16. Smartin

    Smartin antiqueautomotiveservice.com Staff Member

    I'll never understand some of these cars that never leave the auction circuit.
     
    Smartin, Aug 30, 2024
    #76
    BYoung and flh73 like this.
  17. 446379H

    446379H Well-Known Member

    IMG_7143.jpeg

    47 thousand high bid no sale
     
    446379H, Sep 7, 2024
    #77
  18. flattappet

    flattappet Well-Known Member

    Purchase price $86,900 x 7% average state sales tax , title , license . That’s $93,000 or so .
    Sales price $47,000 - $4,700 Mecum commission - $1,500 listing fee’s .
    Net loss -$52,200 not including any shipping charges or other incidentals .
     
    flattappet, Sep 7, 2024
    #78
    Dano likes this.
  19. wallypep

    wallypep Silver Level contributor

    Looks like it sold , 60,500
     

    Attached Files:

    wallypep, Sep 12, 2024
    #79
    rolliew and Stage 2 iron like this.
  20. Bad Buick

    Bad Buick Foe Fiddy Five

    lol doesn't anybody just drive them anymore?
     
    Bad Buick, Dec 14, 2024
    #80
    KevinsBuick and G S Dutkowsky like this.
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