I lost my A$$ at Barrett-Jackson!!!

Рет қаралды 89,513

Жыл бұрын

All Barrett-Jackson Auctions are no reserve.
They require a $1500 entry fee. They charge the seller 8% and the buyer 10%.
My hopes were to sell the replica of the "Afterlife" Ghostbusters car before Halloween
to try to make the most money, I have sold several "ECTO" replicas in the past and they averaged about $150K each. There were two, nicer versions that sold at auction for over $200K in recent years, so I figured the car would do over $100K. This auction was a slaughter for sellers, bad economy or bad execution, it didn't do well. I was further slighted when in the middle of my auction the television show transitioned from the FYI network to History, with a commercial, so people watching on TV didn't get to see the whole auction. I was also told my potential phone bidders who wanted to bid that they could not get through on the phone. Everything that could go wrong did and someone ended up with a great deal on a great car.
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@RobertMoseley Жыл бұрын

All Barrett-Jackson Auctions are no reserve. They require a $1500 entry fee. They charge the seller 8% and the buyer 10%. My hopes were to sell the replica of the "Afterlife" Ghostbusters car before Halloween to try to make the most money, I have sold several "ECTO" replicas in the past and they averaged about $150K each. There were two, nicer versions that sold at auction for over $200K in recent years, so I figured the car would do over $100K. This auction was a slaughter for sellers, bad economy or bad execution, it didn't do well. I was further slighted when in the middle of my auction the television show transitioned from the FYI network to History, with a commercial, so people watching on TV didn't get to see the whole auction. I was also told my potential phone bidders who wanted to bid that they could not get through on the phone. Everything that could go wrong did and someone ended up with a great deal on a great car.

@williamlewis7846 Жыл бұрын

Remember, auctioneers have been known, in the past, to have straw buyers. When it goes too cheap and people are saying they were having trouble getting bids through I would suspect more than a snafu. But that's just me.

@RobertMoseley Жыл бұрын

@@thomaskauser8978 Parts? We took a car that hadn't run for 20 years, fully restored the engine, the entire brake system, all the electrical, new fuel tank, fabricated all the props, custom roof rack, light bars, sound system and a pull out rack with two $4000 Proton Packs into a replica of the Afterlife car. How is this "parts"? We have sold 3 other ECTO replicas in the past and they all sold for more than $100K each, the last one we sold last year sold for $150K. I don't think you have any idea what it takes to build a car or what it's worth.

@thomaskauser8978 Жыл бұрын

The last couple of years a lifetime of show cars have really turned heads and the white convertible ahead of his was a show stopper. He had a big buyer chop his knees off?

@thomaskauser8978 Жыл бұрын

You didn't get much benefit from your time and labor from the sounds of the video.

@rogercohn 6 ай бұрын

Question. Since there's no reserve. What can a seller do if their vehicle is going to sell too low? But it themselves and pay the fees both ways? Is there an out?

@paulgrimm Жыл бұрын

51 k for that? You did well!

@phantomduck65 Жыл бұрын

I would try building something that people want to buy

@mattnicosia6066 Жыл бұрын

Absolutely loved the Afterlife Ecto. Love your work and videos. Keep on making them!!

@arizonadon5644 Жыл бұрын

Is this a joke that Im not in on?....That somebody would pay north of $50k for an old unrestored Cad ambulance with a bunch of useless junk attached is mind-blowing!.... Maybe next time you should add another Scooby Mystery Machine to the universe because there aren't enough of them yet.....

@indetrucks Жыл бұрын

BJ and Mecum are an antiquated venue who charge HUGE fee's to both buyers and sellers. Online Auctions such as Bring a Trailer are taking over.

@sdb3039 Жыл бұрын

Imagine paying 51k for that......

@stewartmahler1838 Жыл бұрын

That's what I thought too I was amazed he got that much.

@sog4646 Жыл бұрын

If he's not happy, i know they can have a reserve price.

@chickenhaw Жыл бұрын

The prices reached now are a reflection of the market. And it will get worse

@rwieber79 Жыл бұрын

I was watching Saturday and they sent it across the block during the switch from FYI to History Channel and only showed what it sold for on History a few mins after it sold. I couldn't believe when they showed what it sold for. I actually reversed the dvr to see it again because I was shocked at how low the price was. I thought damn, poor Bob got killed on this one. I know he's got way more than that in that car. I sincerely hope everything works out for best Bob.

@HartArtInk Жыл бұрын

Damn, Bob. That really sucks for you and your crew. You guys worked hard and did a great job on this car. Sorry to see how the auction went for you.

@cls6977 Жыл бұрын

I wonder if Hoovie got hosed too? He most likely won't admit it because he works for Barrett Jackson.

@knoptop Жыл бұрын

I think you're right, the fans (with money) are into the classic series movie car style and not the afterlife car. Bummer.

@jessicathunderheart7810 Жыл бұрын

That really sucks Bob it’s a beautiful rendition of the aftermath ECTO Sorry this was terrible loss for you and your crew you guy’s deserved way better. On a up note have a Happy Halloween 🎃🎃🎃

@johntyson Жыл бұрын

Bob, if you and I were friends, I would have never let you waste your time and money on building an Ecto based on the worst Ghostbusters movie that nobody saw.

@joshuabellan6587 Жыл бұрын

funny seeing that a follow up/sequel to Afterlife is coming. Seems weird to make another sequel if nobody saw the previous one

@johntyson Жыл бұрын

@@joshuabellan6587 Of course people saw it. I have no idea why they’re making a sequel. Maybe trying to make up for the first one. Nobody can argue that the new had anywhere near the cultural impact of the first ones.

@joshuabellan6587 Жыл бұрын

@@johntyson but you also claim is was the worst movie when it really wasn't. Afterlife was very good follow up/sequel to the original two movies. It honored the legacy as well as introduced new characters/elements to the universe Afterlife made a total of $204 million worldwide and $129 million domestically on a budget of like $70-$75 million, so while it wasn't a Marvel, Star Wars or DC total, it still made money. Enough money that Sony was happy with it and greenlit the sequel along with some other projects in the Ghostbusters universe. I don't think anyone is arguing that had the same cultural impact of at least the 1st movie. The core fanbase is just happy that we finally got another Ghostbusters movie with the original cast and are excited for the future including the next movie

@joshuabellan6587 Жыл бұрын

@@johntyson the worst movie of the franchise is ATC and I do actually like that movie, but it has a lot more problems than Afterlife and at least Afterlife felt like a Ghostbusters movie. ATC is more like Scooby Doo than Ghostbusters

@joshuabellan6587 Жыл бұрын

@Spike16 sure it did/does. There's so many possibilities with the concept of a group of people who catch ghosts. Now yes, the original movie is the best of the series and each movie isn't as good as the original, but they are still at least good with the exception of 2016. Afterlife to me which actually better than GB2

@ronschroeder585 Жыл бұрын

Money isn’t cheap these days! And inflation is high! Just sounds like bad timing… hope things pick up!

@toddparks Жыл бұрын

Been waiting for this video since Sunday. Figured it wasn't good news.

@acft1234 Жыл бұрын

sorry to hear the sad tail. the car looked like a dream ! clearly the auction house racked in the $$ these over hyped Barrett Jackson style auctions are dangerous ! You and the ECTO deserved better.

@TorxGarage Жыл бұрын

Aw damn it dude, I feel for you. I know it's "just business" and all but you're still a creator and you / your guys deserve to have it sell for what it should. Sucks to see. Really cool version. Anyway, glad you're moving stuff over here to Vegas.

@bubbabottoni7777 Жыл бұрын

After seeing your other video on building it. I'm not surprised you got that kind of money. Sorry to say i Did not realize you didn't have anything but proton packs in it

@michaelclayton9981 Жыл бұрын

I'd love to go to one of those things. It looks like a blast! I've been waiting all weekend for this video to come out. I was wondering how that afterlife thing was gonna go over.

@jerryking3562 Жыл бұрын

Dennis Collins had some really nice Jeep CJs at Barret Jackson and lost money on them. He bought a Sumbeam tiger that was misrepresented to him and when he resold it at BJ he lost a fair amount of money. I always wondered why some major collector car dealers even go to some of these auctions. Like going to vegas and losing your butt.

@glenngoetz3054 Жыл бұрын

I would have offered you $150 dollars, not thousand for that piece of junk!!!

@petegregory517 Жыл бұрын

He’d have to give me $$$$ and a sizable amount just to take it, if delivered to my door.

@amirbiscevic8944 Жыл бұрын

I’m sorry to hear that brother it’s sad day for all your true fans wish you all the best in the future keep your chin up!!!

@kibblesbitz1184 Жыл бұрын

That’s a hard loss to take, especially with all the hard work put into that car. I would not do anymore car auctions, Bob. You have a group of car collectors and a group of movie car collectors. The discovery was just made that the two just don’t occupy the same space. That car easily would go for at least double among movie car collectors (that probably don’t follow Barrett-Jackson). That’s a fantastic Ecto, but like you said - people see it on the stage with patina and are like “?????”. It’s a great build. Don’t let this keep you down.

@wheelswingsfins438 Жыл бұрын

The economy is crap, you barely marketed the car and you didn't do your research about how popular the new movie is with the older crowd? Must be The auctions fault it sold low.

@Eatongee Жыл бұрын

I grew up in the 80's. I loved the original Ghostbusters. I heard about the all-female movie. Didn't see it because of the reviews. To be honest, I didn't even know the Afterlife movie existed. I googled it when I watched the auction and was shocked that I had never heard of it.

@GaryHardyInc Жыл бұрын

Thanks for your honest 2 cents. I stopped paying for bidder's registration some time ago. I'll still pop into a local (Dallas) Mecum or whatever. But the "big auctions" IMHO are a waste of time and money. Gonna stop in at Maple Bros at the Dallas Market Hall in Nov. maybe it'll be different. Good luck in Vegas

@ThriftMachine Жыл бұрын

Maybe it's the economy finally hitting the car market

@TheTimeRunners Жыл бұрын

Sorry to hear the outcome. You deserved a better outcome with the enthusiasm and effort you put into it. Lots of my friends were excited for this one. You rock, however, in general. Looking forward to your next adventure.

@jtsscrapwhoyougonnacall1175 Жыл бұрын

Loved the car pal so sorry for your loss you the guys did epic job as always .

@thomasallen6980 Жыл бұрын

Car was a "specialty" that you can drive once a year in the fireman's parade. Really kind of a waste.

@Aaron-hk6st Жыл бұрын

Oh man! Sorry to hear you lost your ass on it. I do have to admit that I would prefer the '84 Ecto myself. Don't get me wrong, I watched "Afterlife" the day it release and then turned right around and watched it a second time!! Loved it! But the '84 Ecto just holds more nostalgia for me.

@thomasallen6980 Жыл бұрын

I feel bad for the guy who bought the hunk of junk. What a fool. That was a lot of money.

@kenbtheman Жыл бұрын

Unfortunately this is the chance you take with a no reserve auction. Blaming the auction company is not the answer. I totally understand your frustration, it's quite obvious you had more invested than you received. There are lots of things that need to happen to make a successful sale. First is exposure for the car, people have to know about it, hoping the proper bidder is present at auction, also, the economy didn't help. The economy has no effect on guys who spend two and three hundred thousand at auction. But most of those buyers aren't looking for a ghost buster car. Sorry it went bad for you

@TahoeRealm Жыл бұрын

Don’t worry, after this roast I don’t think Barrett Jackson will let you sell another vehicle at their auction.

@JPDixit-yt3sq Жыл бұрын

In a tightening market, one cannot be so out of touch with their client base and survive.

@thomasallen6980 Жыл бұрын

It is a 5,000 dollar hunk of junk with some more junk and pipes welded on. He is lucky to have gotten what he did.

@WilliamSmith-dj5ld Жыл бұрын

Been waiting for a video for auction

@firebythewater4477 Жыл бұрын

And to top it off, they didn't televise the car being auctioned. Specialty cars need specialty buyers! Love the work you and your company do.

@drbenway4302 Жыл бұрын

I thought you said you would never do Barret Jackson again on your last vid

@TahoeRealm Жыл бұрын

Yeah, why’d he do it again and then complain??

@joewoz20011 Жыл бұрын

Bob, why not list that car with a set reserve of what you are looking to get? I've seen Barrett-Jackson auctions on TV and some people have set reserves. That would make more sense.

@RustyZipper Жыл бұрын

I don’t think B/J has a reserve, Mecum def does

@cesarmoran7433 Жыл бұрын

I love your channel I love everything you do but I did not agree when you going back to Barrett-Jackson

@JohnLaMonte Жыл бұрын

It’s not the auction houses fault your planning, timing and financial stupidity are the facts

@Klwjjj Жыл бұрын

How much did Barrett pay you to say this.

@irishgip71 4 ай бұрын

Oldie but goodie sir. Thank you for the smiles. 😈

@JetBlackmf Жыл бұрын

How did they entice you to not put a reserve onto a specialty car ?

@althunder4269 Жыл бұрын

Barrett-Jackson is a complete rip-off. You are better off selling on eBay or BaT.

@thomasallen6980 Жыл бұрын

You gotta bring quality vehicles to get the big bucks. That was an Alabama trailer park special.

@uo2230 Жыл бұрын

People lost money. Well yeah things are changing, people are paying 5-6 bucks a gallon, huge grocery bills, etc etc. This is not shocking to me

@thomasallen6980 Жыл бұрын

The rich have all made millions and billions during this "downturn" they are rolling in bucks but they are only spending on quality and nostalgic movie junk is not popular right now. Remember the fatty gave the wealthy a tax cut that did not expire while our tax cut did expire.

@DeLoreanTECH Жыл бұрын

Ouch! Really sucks man and only goes to show the market is plummeting. Time to HOLD!

@donlum9128 Жыл бұрын

Sorry it went crap for you. You are spot on about buying a car. If you want it and everything is good. Buy it you BS around you loss. Goes for car parts also. Better next time. God Bless

@charliebrown911 Жыл бұрын

it's called a recession Bob

@Ebacherville Жыл бұрын

Ancient proverb, the only person to profit from a auction, is the auctioneer.

@mahmoodabdurahman2189 Жыл бұрын

The car u built was great and looked awesome. That's all that matters bob. We love u and all your builds.

@bdg8967 Жыл бұрын

Thank you for the insight on how the Big Barrett Jackson and Mecum rolls. Now I have a different perspective when watching it. Sucks you lost alot of money. You should have listened to the warning signs from your friend. Best to sell it privately with a reserve.

@thomasallen6980 Жыл бұрын

How did he lose money? Expecting a big payout is an imaginary loss. The market determines the value and it aint that high right now. The busy phone lines and inability to connect sound like bad excuses for selling a dog in a bad economy.

@Wooley689 Жыл бұрын

All these auctions do is artificially inflate prices and ruin it for the guy who just wants a cool car.

@thomasallen6980 Жыл бұрын

The free market sets the price. This is supply and demand. Lets not turn everything into a government plot.

@Wooley689 Жыл бұрын

@@thomasallen6980 Government plot, who said anything about that?

@Ollie2846 Жыл бұрын

Sorry for your loss at the auction. You will bounce back. Next time maybe look into a reserve so you can only loose small portion if it's not met. You still get hosed, but not as bad and you can try to sell it another time. Best of luck.

@dancalmpeaceful3903 Жыл бұрын

Admittedly, they get a big crowd at BJ....but the fact is, you knew there was NO reserve. Personally, when it comes to auctions - IF they don't offer a reserve, I tell them to fuck themselves and go elsewhere with my item. It usually works out for the best.... Auction houses are the ones that make the money....rarely does the seller. Typically, I avoid them....

@rogercohn 6 ай бұрын

It's just like a casino. Oh wait, it is a casino

@weirdmatter Жыл бұрын

I had a feeling it wouldn't bring what you had in mind. I thought it might get to 80k though. I believe if you had done a full restoration on the car then air brushed the rust it may have got to 80 or 100k. That's just my opinion Bob I'm a big fan I love you're videos 📹

@shawnl3151 Жыл бұрын

The car was not gone through like a 150k car you even called it a rusto-1 in your video. Interior not finished no props didn’t even change the carpet. Definitely not the same quality of a 150k comp.

@adrianames8590 Жыл бұрын

Sorry to hear that it sold at such a low price. I think the car looked great and you're right maybe next time avoid Barrett Jackson and sell privately. Your shop does AMAZING work!! It would be a dream to even drive one of your vehicles.

@thomasallen6980 Жыл бұрын

It was not low. He just had unrealistic expectations. I thought it went for about 20x more than what it was worth. Couple thousand buck door stop down in the Man-cave.

@tomwooley743 Жыл бұрын

Bob- sorry your hard work did not turn into big money. I was at the Houston Barret Jackson event. I wish I could have met you. Hope to meet you in Vegas someday.

@edg2919 Жыл бұрын

Sorry to hear that. Unfortunately, that is the downside to auctions. But, you know what, you're Video Bob and you'll bounce back stronger!

@leukybear Жыл бұрын

That was absolutely brutal to see that go for $56k My condolences Bob

@mylifethaidiy7045 10 ай бұрын

I have the same type of partition wall in my home as you were standing in front of in 4:00 Gotta love that 80's luxury look to a home! Maybe it would be best to talk to Universal Orlando to buy your cars to put on display at their theme parks. I don't know if I could sell anything without a reserve. You need to at least break even. Risky, Risky, Risky

@shakes7333 Жыл бұрын

Its only worth what someone will pay.

@jshelby78 Жыл бұрын

wow that was a terrible loss price wise, you and your team did an amazing job on that Car, wow

@BenDover-bz7wv Жыл бұрын

Do you have any extra tickets for sema or have a hook up some a couple?

@Jimmerca Жыл бұрын

Everything got over inflated over the last year and a half and now prices are starting to come down and people are also worried about job cuts. I would not want to be in retail sales right now. Housing, automobile sales, furniture,appliances, etc. etc.

@KITT-K2000 Жыл бұрын

ah man i am so sorry, that sucks bad because it was an awesome replica !!!

@jbork5577 6 ай бұрын

Couple questions. 1. Do they charge a higher fee to be on the docket later in the week and in prime time? Does the 1500 entry fee get you in day 1-3 at 10am or what? 2. What made you choose Barrett-Jackson over Mecum

@LatitudeSky Жыл бұрын

Something is worth what someone is willing to pay for it.

@RobertMoseley Жыл бұрын

It also helps if they have the ability to get through and bid...

@RustyZipper Жыл бұрын

He got hosed, should have been $100k

@wdautoclassics Жыл бұрын

And I was thinking about selling my 64 Corvair Monza coupe on Barret, going by your you tube video, maybe I will stick with the other selling sites.

@georgemeyer5410 Жыл бұрын

No reserve auctions are risky business Grasshopper.

@ZL1power69 Жыл бұрын

So if you've been unhappy with the experience at Barrett, why do you keep taking cars to their auction vs selling yourself or on sites like Cars and Bids or Bring a Trailer?

@anasevi9456 Жыл бұрын

Even Barret-Jackson drama aside, seeing your earlier videos where you were getting the car prepped for sale; I had this sinking feeling you would get hosed over the rust. While Afterlife did better than the 2016 Ghost Busters, it is still very obscured to what a titan the original film was within the same year as it's release, and that's just me having watched a few docos about the time period.

@aussiefurbymogwaifan6621 Жыл бұрын

Well they didn't really advertise it very much in Australia, like the only thing we got was some trailers, I don’t know if they did the same thing in the us apart from relaunching the rgb toys, but I think it's a good thing they didn't advertise the hell out of it due to the young new cast (especially mckenna and logan) and Hollywood being very a "dangerous" place for teens/kids, I also liked how they opted to mostly use the ogs and Jason for most of the interviews, especially how the ogs went on late night TV. Where as the fin and the rest of the stranger things cast were *WAY TOO YOUNG* to be on a late night show and asides from the amount of sexualization the cast faced, especially millie with her stylists dressing her in outfits that were not appropriate for a 15 year old🤢

@chrisbartek Жыл бұрын

i was there myself. alot of cars undersold there. was quite surprising how low the cars sold for

@geoffkburton Жыл бұрын

condolences Bob , sorry it didn't flow your way .

@SC-yx6wr Жыл бұрын

I did well selling an Italian classic at Monterey with RM in 2015 just before that bubble crashed and burned. Trick I learned is that I had RM take the car from me in April, had it in their showroom for months, and up on their website, advertised, etc. so that by the time the sale eventually came in Aug my car was well known. It only lasted a minute and a half on the block, but thats all it needed, the heavy selling work had all been done in the months leading up to the event.

@TreasureHunter5000 Жыл бұрын

Did you think about putting a reserve on it?

@PlyValiant65 Жыл бұрын

I saw what it sold for and I so badly wish I remember to bid cause I could’ve afforded that!!

@winstonmccollum8992 11 ай бұрын

Barrett Jackson is like playing Russian Roulette with five bullets in the chamber. You could have got 150K on Hemmings auctions easily with a 97.00 sales fee to Hemmings

@DamionG1987 Жыл бұрын

You went to auction!!!! Good lord man. This is what happens. Why so surprised? AND it's NOT the economy!!!!

@lesfaust9634 Жыл бұрын

With specialty cars like that you can't set a reserve that needs to be met?

@zachary_attackery Жыл бұрын

Look on the bright side...at least there aren't any mean tweets!

@parentsbasement7734 Жыл бұрын

If there were any issues with folks not being able to get through to bid they would've have stopped bidding immediately, might be that nobody wants a novelty car

@thomasallen6980 Жыл бұрын

Lot of whining. Wonder if he has Jurassic park Suzuki Samarai's too?

@markr275 Жыл бұрын

As you know, the only one who wins is B-J, rarely does anyone make money at that auction. The only reason they demand selling absolute is to show they have high sales percentage.

@kevingorman4666 Жыл бұрын

There is a new Ghostbusters movie?? That's the problem who knew there was a new movie.

@Scrapla1 Жыл бұрын

Sorry man it sucks knowing how much work you and your team put into these amazing cars. In the future would you do it again or will you just try to sell online?

@TheBaronDisco Жыл бұрын

Not sure an Afterlife Ecto was the right call no matter how you slice it. The market for an Afterlife version of the car has to be almost 0.

@neilkratzer3182 Жыл бұрын

Unfortunately the decades I Bern to auctions and took stuff to auction. That's the only problem with auctions you never know unless you put a reserve on it. Extra expense but sometimes worth it. It's a risk just like gambling at Vegas.

@stude1953 Жыл бұрын

I don't think these auctions are for prop replicas.

@RJYOUNG396 Жыл бұрын

You should try renting some of your cars out when you get to Vegas>. I think you'd do very well with that.

@esiebert7625 Жыл бұрын

Sorry for your loss, hope Hoovie bought you dinner, he made out pretty well on that Superbird at $187,000

@RobertMoseley Жыл бұрын

@STS I do have to pay 8% on top of the $1500 entry fee

@Datoda Жыл бұрын

@STS He also has to pay auction fees lol he got 156 after fees

@Starman998 Жыл бұрын

What’s weird is cars were going for record high prices here in Dallas in September at Mecum. Some of the prices are absolutely crazy what they ended up.

@ibanezleftyclub Жыл бұрын

That one time you should have done a reserve 🤬🤬

@WilliamSmith-dj5ld Жыл бұрын

Wow this was so surprising they got a dam good deal

@billdouglas6561 Жыл бұрын

Screw those auctions !!!

@Cartiluvsyoutube 5 ай бұрын

Think of how few people there are out there that would actually want to own a car like this. I’m sure the community that does want one of these was aware that it was available prior to the auction..why did it not sell then..56k plus tax and title is a crazy price to pay for a replica of such a specific car

@toolzshed Жыл бұрын

Omgggg 😲 someone got a fantastic deal on that car!!!!

@centralcoastcamper9631 Жыл бұрын

Sorry the car didn't do better Bob. But, that's an auction for you. The car is worth what someone is willing to pay that day for. I had a cool rat rod I built that took me 6 years to complete and I took it to the auction expecting big numbers. I ended up getting half of what I had into it. I swore off auctions after that!

@mrj-charles6383 Жыл бұрын

I feel your pain on that one. I was always wondering why you would try and auction something you put a lot of time into like that.

@RV_Chef_Life Жыл бұрын

Like others didn’t put 10x into that And barely broke even?

@godfreyberry1599 Жыл бұрын

My sound auction advice: Observe closely, enjoy the moment and remain as still as the grave until the excitement passes if at top end. There will always be a later & better opportunity.

@kiwiexotics1982 Жыл бұрын

Sorry to hear my man. But hold your head up and walk on. We all take loses my bro in this industry at at this inflation crap around the world everyones getting a good deal places like us closing down people like us going broke its life we have to wait till it passes or go and do something else in the mean time. Stand tall and walk on my brother. Its not your fault dont blame yourself. You sound like you got enough stock to carry on some business dont they lived day to day couldnt invest in other things they had wages bills other things to deal with.