As usual I don’t think anyone will be disappointed with the lineup of cars for this years Barrette-Jackson Auctions in Scottsdale, AZ.
I spent the entire day looking over the offering and even with other auctions running just before, during and just after, you are going to see some great auction fun!!!
One of my favorites of course are the Mustangs and there are plenty there!!! That being said, I did not see a single 71-73 Mustang in the tents – but I do see at least one in the catalog. But you have to love what was on display in one corner of this massive complex.
Each July the tiny town of Iola, Wis., is invaded by a sea of humanity and old iron. Many in attendance come strictly for the swap meet, which covers about 4,500 spaces.
“Don’t tell me there’s no recovery going on,” said Kurt Kelsey, an Iowa City-based vendor of new-old-stock Pontiac parts. According to Kelsey, his business this year is much better than it has been in a long time. “The phone has been ringing off the hook every day,” he said.
Kelsey’s observation about an up-tick in the market isn’t alone. Positive reports have come from other vendors, parts manufacturers and catalog retailers since late last fall. Despite an unsettled national economy and high unemployment, the old-car parts business seems to be in the midst of a boom.
During a Dynamat seminar at the Hot Rod & Restoration Show in March, company owner Scott Whitaker said one-day shipping of Dynamat automotive insulation products has been impossible to promise lately, because a large increase in orders has outpaced new hiring. “The bump in sales wasn’t expected and caught us off guard,” he said.
In early April, Bob Marx at Marx Parts in Arpin, Wis., came to visit us and he, too, was upbeat about his rising sales. Marx has been growing his inventory of vintage gaskets and rear main seals and is now rebuilding fuel pumps, but he said that new products do not explain all of the growth he is seeing. Like several other industry veterans, Marx pointed to the TV exposure of the Mecum and Barrett-Jackson auctions as a factor that’s helping the hobby grow. “New people are getting involved with old cars,” he said.
“After a winter of inactivity, old cars tend to leak or fail when they are put back on the road,” said Fred Kanter of Kanter Auto Products, who wonders if the business boom might be seasonal. “March, April, May every year, it’s the same thing — spring,” Kanter said. He pointed out that from spring through summer every year, his most popular items are fuel pumps and water pumps. “There’s a lot of factors that affect our business.”
You never know what you’ll see at big swap meets. You might come across a 1958 Edsel Pacer looking for a new home.
Al Suehring of Amherst Junction, Wis., specializes in ring gears and is another vendor who feels that the market is strong. We caught up with him at the Vintage Chevrolet Club of America dinner in Chilton, Wis., and he said that his business from the United States and abroad has been showing noticeable increases lately.
Ray Yager of Classic Industries said the level of growth of reproduction parts sales is “hard to keep up with.” His firm supplies MoPar, 1955-’57 Chevy, Camaro, Firebird, Nova, Impala and Chevy truck parts, and parts sales for these vehicles are moving in a positive direction. Yager thought the company’s 18-month-old MoPar parts catalog may account for some, but not all, of the huge increase in business he’s seeing. At least one vendor who solely deals in Chevrolets is likewise seeing increases in business.
“I’m having a really good year,” said Ron Kellogg of Chevy Tri-Power. “Rather amazing since I’m selling restored multi-carb setups in an era of $5-a-gallon gas prices. I’ve probably sold 25 Tri-Power units — normally a year’s worth — since November 2011.”
Kellogg’s increase proves that car collectors still want high-performance options on their classics.
In addition to new products, increased TV exposure of the hobby and added catalogs, parts suppliers said both the use of the Internet and increased advertising seem to be attracting more customers. Some big companies such as Mid America Motorworks and Eastwood have begun sending daily e-mails to thousands of potential customers. This takes time and money and employees with Internet skills, but their efforts are paying off with increased sales.
Many mom-and-pop operations that can’t afford daily e-marketing efforts are creating websites, Facebook pages, blogs and Twitter accounts to reach the marketplace. Hobby events aimed at professionals — such as the Racing & Performance Expo, the British Motor Trade Association and the SEMA Show — all offer seminars on Internet marketing techniques to these businesses.
As their marketing efforts become more sophisticated, parts sellers are also discovering that they can use print media to drive customers to their websites. Companies that never ran a print ad before are discovering that a clean-looking space ad with the right design and not much text can generate strong client interaction. The right picture of a car can catch the potential customer’s attention and a simple e-mail address or website link is all that’s needed to bring business knocking. A good ad will pay for itself much faster these days.
While an increase in parts sales would suggest that restoration shops and collector car sales are both on the increase, growth in those parts of the hobby isn’t as clear-cut as it is when a part is “checked out” in an online catalog. Collector car dealers such as Colin Comer of Colin’s Classic Auto in Milwaukee and market players such as Joe Bortz are fairly universal in the belief that collector car prices are off 15-20 percent in today’s market. Some restoration shop owners say that they are busier than they’ve ever been, but others say the opposite.
From all of the indications we have seen and all the comments we’ve heard, it appears the old-car parts niche is improving for 2012 and this trend will presumably filter down to other parts of the hobby. The hobby is changing in many ways, and the wise businessmen in it are getting more sophisticated as the market grows.
This is the series where I list up the power plant offerings for the year.
Now you would think that being a GM division that Oldsmobile would have the 350 and the like, but the had their own unique engines.
First up was the 225 cid. Oh…a straight six….NO…..a V6!!!!! This was an iron blocked overhead valve engine. The bore and stroke were 3.75″ x 3.40″ and with a compression of 9.0:1 it laid down 155 hp. It had four main bearing and topped with a 1 barrel Rochester Type BC one barrel. This was the lowest level engines and refered to as the F-85 and Vista Cruiser series.
Next up is the smallest of the V8’s offered that year, the 330 cid also in the F-85/Cruiser series. It was an iron block engine as well. The compression was 9.0:1 with a bore of 3.939 and stroke 3.39″. When ou topped that off with a two barrel Rochester Type 2GC carb you could manage a stout 250 hp.
I thought I’d share the an interview of Ed Pettus (previous owner of this unique vehicle) conducted by Dave Rasdal in is column “Ramblin'” in the Cedar Rapids, Iowa Thegazette.com. I’m interested in his next project.
The Crow Lakester
When Ed Pettus finished building his bullet-shaped Lockheed Lakester a year ago, he didn’t plan to sell it. But, after a whirlwind tour of the car that’s a cross between a jet airplane, a Bonneville Salt Flats racer and a 1930s biplane, he changed his mind.
“I do all of these projects and when I’m done, what do I do?” says Ed who with son Eddie Pettus Jr. has Eddie’s Rod & Custom in Cedar Rapids.
The Lakester, which I wrote about last July, is built around a wingtip gas tank of a 1950s Lockheed Super Constellation and has a steering yoke from a 1948 airplane. Parts came from 1930s Packards, a 1940 Ford tractor and a 1959 Chevy pickup. It has a turbocharged Toyota engine.
From shows in Cedar Rapids and the Quad Cities, it went to Chicago’s World of Wheels, a two-month stay at the Experimental Aircraft Association museum in Oshkosh, Wis., and on display at El Mirage near Long Beach, Calif., where dry lake bed speed runs originated.
“I thought, you know, after that I’m going to take it home and put it in the garage,” Ed says.
But, as a fan of the famous Barrett-Jackson vehicle auction in Arizona, Ed inquired about selling the Lakester. Told it was too late, he sent information anyway and was surprised to become a last-minute entry. It went on the block Jan. 21.
But, this auction doesn’t allow sellers to set a minimum price — if the high bid is $100, the car sells for $100.
Ed had insured the Lakester for $100,000. Bidding opened at $10,000.
“We were a nervous wreck,” he says, referring to his wife, Kathy, and friends in attendance.
Bidding quickly rose, though, to $100,000. Two bidders pushed it to $170,000, the winner from Georgia adding it to his collection.
“We feel so blessed with what we got,” Ed says. He’ll use the extra funds to retire the mortgage on Ellis Boulevard NW property (home and vacant lot) destroyed by the Floods of 2008.
Unsure about what they can do with the property, Ed, 60, isn’t waiting around for another hot rod project. All he says is that it’s a unique truck. “Let people wonder.”
Not only is there a ton of beautiful cars at Barrett-Jacksonauctions, there are also a lot of venders. Anything from car care products, to engine builders to custom building shops.
One of those was Karl Kustom Corvettes located in Des Moines, Ia. I had a chance to speak with Jim Hidy one of the reps for Karl Kustom at the auction this past January.
SWEET!!!!
Nice looking car, yes? HELL YES. But there some interesting things I didn’t know about these custom Vettes and how they are made.
I spoke with Jim at length and I have to tell you that how I thought these were made wasn’t even close and how they are made was pretty surprising to me. Jim set me straight.
Great Creation
These are of course C6 machines with the look of the 60’s Vettes. All the great handling and power of the C6 underpinning and classic looks. I thought ‘how cool they manufacture a body that snaps on the C6 frame. But that’s not how it’s done.
This is my 500th post for Average Guy’s Car Restoration, Mods and Racing blog (my one and only blog). It has become a bit more board in scope than what I originally intended, but if you are a total car nut case, like me (my wife uses the “o’ word) and have AADD (automobile attention deficit disorder…..HEY..that could be REAL…you don’t know that it’s NOT!!) you want more than just a Chevy or more than just 1950’s cars. You’ll be drawn to others. (“Drawn” makes it sound like a slow process…but picture a disco era strobe light…yeah that’s a but closer to what I’m trying to describe.) I’ve moved fairly close to the edge, having a ’70’s car and a 2007 model and mixing technologies and brands, Ford and Chevy. (I need a MOPAR and a Citroen.)
Of course one of the fun things that keeps me blogging are comments, not so many posted here, but a ton on Facebook and Twitter and now even Google+. I like when a reader’s comment sparks a blog entry instead of just sitting there. That brings me to the subject of this piece.
Bill is a frequent reader and leaves comments on a regular basis. In my recent entry on the 1957 DeSoto Adventurer sold at Barrett-Jackson in Scottsdale, last weekend Bill wrote this:
Bill
Submitted on 2012/01/28 at 6:12 pm
DeSoto was Chrysler’s Oldsmobile, and I think it was unappreciated both by the public and Mother Mopar herself.
Back when I lived in San Jose, CA (actually Santa Clara) in the early 1990s, there was a 1957 Adventurer 4 door parked in a driveway with four flat tires in a neighborhood near mine. I think the car had been registered last in 1979. The body, chrome, glass, and even the interior seemed in excellent condition, yet I knew the car needed more than just TLC to become roadworthy. Each time I passed that car I wanted to leave a note and see if I could get it cheap enough to restore.
I know that 4 door DeSotos would not be collectible, or bring the big money, but somehow this car seemed to be in good enough shape that it was worth saving from being just a donor parts car. I’ll be in San Jose on business soon, and will make it a point to drive by and see if the car is still there.
Have a nice day, Bill
It’s true that in the past 4 door versions of classic cars of the 50’s and 60’s lagged as far as pricing and collectivity. But that is changing. I as work to finish up my classic car auto appraisal certification, I’m finding that, much like the cars of 1910-1940’s, 2 extra doors aren’t hurting the price they’ll bring. Just take the trend of station wagons – sure at Barrett Jackson’s you’ll only see the two door(plus tailgate) and they’ll bring ‘bigger’ money, but 15 years ago, only crazy people had wagons restored. But the prices for cars like the Pontiac Safari wagon and the Buick Vista Cruiser (Sports wagon) are bringing higher prices. (Actually I think it was Olds Vista Wagon and Buick Sports Wagon.)
58 Safari Wagon
69 Buick Sports Wagon
I’m still quoted as saying that my Mustang, because it’s a coupe and not a fast back or a sports roof, will never to be worth what I’ve spent in restoring it. Interestingly enough, you can start finding them on the web and Ebay for $16k. One recently sold for a bit more than that and it to was a 302 with 351 heads and a wing. So these things are changing. Publications like Hemmings and others are often recommending the purchase of 4 door 50’s and 60’s cars. In part because they are well priced and with the after-market bolt ‘ons’ and drop in crate motors, you can take what was originally under powered 4 door and make it a rubber melting monster.
So go get those 4 doors. Winch them out of the barns and ditches, drag ’em home, restore them back to life and drive ’em!!!!
And I hope that Bill’s DeSoto (see I already have him owning it) is still there and at the least can grab us a few pics. And if you can get some contact info for the owner, I might add a pre-MOPAR to my driveway. Thanks for the comment Bill.
