The Price is Right? Barrett-Jackson Scottsdale Mustang Edition
The Price is Right? Mustang Edition
The buzz surrounding the Barrett-Jackson and similar automotive auctions almost always involves the ridiculous prices that the cars sell for. For instance—and we’re not calling this ridiculous but it sure was shocking—the 1993 Cobra R that sold at B-J’s Scottsdale auction in January 2019 for $132,000! The good news is that that kind of gavel price brings new attention to our beloved Fox-body Mustangs. The bad news is that kind of gavel price brings new attention to our beloved Fox-body Mustangs! It immediately makes every guy with a clapped-out ’86 4-eye think his junk is worth $40,000.
But while walking the aisles of cars that had been sold early in the auction, we were shocked at some of the true values that are out there even at the “Big Show” of B-J Scottsdale. While the big-money crowd get all the television time flaunting their water-cooled checkbooks buying rare and valuable muscle cars and exotics, there are some legitimate values that go across the block early in the week, on Wednesday and Thursday. Plenty of more average cars are all but ignored by the dude waiting for his Boss 429 to roll out. We were so flabbergasted at what one Mustang sold for—a clean 1972 coupe with a 302 and C4 automatic with only 44,795 miles on it for a mere $3,000—that we dropped and broke our camera!
Next year we’re going back as a bidder and waiting for a bargain to drive across the block. You don’t have to be a Gates or Zuckerberg to participate in the auction, and once you get over the sting of paying the buyer’s commission, you can drive home from Phoenix with a new project car for a decent price.
While perusing the tents full of sold cars, we played the game of “how much do you think that sold for?” and thought it would make a fun game for Mustang-360.com readers. Click through the gallery below and look at the car, then click to the next photo for the price, which is written on the “Sold” sticker on the windshield. While several of the prices are understandable, many of them are not. Oh, and if you’re in the market for a 10 year-old Bentley Continental R (when new a $250,000-ish car), you could have had three of them for 50K.
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Photography by Rob Kinnan and Kristina Richards