Hello gearhead, this is Greg Stanley and welcome to Auto Sausage where we grind together automotive awesomeness. First, a reminder that the Auto Sausage Auction Game #5 Guessing Window is now closed. Thank you to all of you who entered and we will have to see if our 15 year old auto enthusiast from Florida will be a repeat winner! You can watch the RM Sotheby’s Spring Auburn Auction live on their website or on your smartphone with the Hagerty Insiders app. My best guesses are posted at www.AutoSausage.com and here’s a quick review.
To help you guess the best guess you could guess, I include the auction estimate for each car if available, Hagarty Price Guide Valuation for a similar car in Good and Concours Condition and my own best guess based on my research and amazing auto knowledge. How am I doing? Well, through twenty cars for our first four Auction Games, I have an 84.9% accuracy rate in guessing the hammer price across all cars including the no sales which can be crazy wildcards. For example, Paul Newman’s Porsche was a huge $490k miss on my part!:) Thankfully I was really accurate on the Impact Yellow Hemi Cuda convertible and the La Ferrari from the second Auction Game. However, I’m 97.5% accurate when factoring only the cars that actually sold.
Our next game is for the RM Sotheby’s Auburn Spring auction which is May 29th – June 1st.
What will you win? $100 worth of Tillamook Beef Jerky! I am getting a lot of interest from sponsors and some future prizes include $200 worth of Star Wars autographs!
Be sure to check out my Instagram feed @AutoSausage for auction updates and cool car pics from my visits including a few places in New England this week.
Now it is time for a Market Moment. If you’ve listened to previous podcast you know that the collector car market is making a generational shift from cars of the 1950s, 60s and 70s to ones of the 80s and 90s. Folks like me finally have some discretionary income to buy the car in the poster we had on our bedroom walls when we were little. FYI, I had a 1986 Lamborghini Countach on my wall.
I had a great opportunity at Mecum Indy to do a deep dive on 14 fabulous Thunderbirds that were being sold. All were immaculate, all were rare in one way or another and all were restored by the Thunderbird restoration specialist, the Minters out of Dallas ,TX. They only restore rare Thunderbirds and they brought some of the rarest ones to the auction. How did they do and how do these results reflect on the larger collector marketplace? First, a recap on what is going on thanks to Hagerty’s Valuation Tools.
How does this read into selling pristine, rare Thunderbirds? I’m glad you asked.
So what happened at Indy? These were great cars and they should have sold for more! Amazing display, great coverage and they were in immaculate shape.
Our next market moment will be for the seven AC Cobras from the same event.
Thanks again for joining me on my automotive adventure and good luck playing the auction game! Don’t forget to check out my other podcast called Learn From Others where I share the career journeys of successful individuals with high school and college student. I ask fun car questions at the end so be sure to listen in. I will talk to you next week!
About Auto Sausage
Auto Sausage is an automotive podcast where Greg Stanley reviews recent auto auction trends, provides updates on who is leading the Auto Auction Guessing Game and talks about cool car places he visits while traveling across the US. Greg reviews antique cars, classic cars, muscle cars, exotic cars, hyper cars, JDM cars, Porsches, vintage SUVs and anything else with four wheels and that makes noise. If you like the Smoking Tire, Spike’s Car Radio or Car Cast, this is for you! This automotive podcast is available on iTunes, Stitcher, Google Play and wherever podcasts are found.
Greg uses the Sports Car Market and Hagerty Valuation Guide for sourcing automotive insights, trends and data points.
Best Car Podcast, Best Automotive Podcast, Podcastone Automotive, iTunes Automotive Podcasts
Greg draws, talks, vlogs, blogs, writes, evaluates, judges, appraises, video tapes and consumes all things automotive. He even regurgitates useless car facts, stories, pictures and shares cool car places he's visited recently if you give him a chance.