The Twins just sold for a lot less than I thought they would at Barrett Jackson, Only $122,000 for both of them.
The Twin Grand Nationals
- Thread starter tc1959
- Start date
- Status
one sold last night for 66000 i think so I guess that is the new value for them still a lot of money for a car in my world but i did also think they might go to 150000 for the pair have a good day Jeff from a very cold Winnipeg
I'd love to see the selling price each time the pair changed hands since 'rediscovery'.
With all the fxxk you money there I too thought they would bring more. All the special prep they got, transporting them around, Barrett's fees I wonder if he took a bath?? $61,000 for a new GN - it could be driven. Funny that a 1965 6 cyl 3 speed mustang (first hardtop) sold for $175,000
https://www.msn.com/en-us/autos/cla...s-found-in-oklahoma-after-30-years/ar-AAuChJt
A story reported on gm-efi.com
https://www.hagerty.com/articles-videos/articles/2018/02/08/ebay-grand-national-twins
https://www.foxnews.com/auto/twin-1987-buick-grand-national-muscle-cars-sold-for-over-200g
https://www.msn.com/en-us/autos/cla...s-found-in-oklahoma-after-30-years/ar-AAuChJt
A story reported on gm-efi.com
https://www.hagerty.com/articles-videos/articles/2018/02/08/ebay-grand-national-twins
https://www.foxnews.com/auto/twin-1987-buick-grand-national-muscle-cars-sold-for-over-200g
Only taking into the account of the numbers game, and leaving emotions aside, whoever bought them at 122 got a pretty decent deal. I'm guessing, and I could be wrong, that the owner lost out money on this deal. Just a guess. Have no idea.
Considering the inflation priced into the equation, each of those cars sold for a 1987 equivalent of around $27,500. Considering they were what, 18K list price? That's 9,500 more in 87 dollars, or in today's dollars, $21,000 adjusted for inflation.
Thusly, IMHO, the 122,000 for so-called collectability isn't a horrible deal as far as strict numbers go.
I understand they're not technically new new, but even the mighty Grand Nationals aren't proving to be an extreme high value car in the collectible side of things. I would consider these some of the most rare GN's in general.
Would I own them? Not sure. I still have a hard time trying to consider buying any G-body that's not an Olds. I did buy a new '86 Monte SS for my (ex) back then, but that's because it was what she said she really wanted.
But when cleaned up, the twinz sure are purdy. 🙂 I'm sure they're going to live a pampered life.
Considering the inflation priced into the equation, each of those cars sold for a 1987 equivalent of around $27,500. Considering they were what, 18K list price? That's 9,500 more in 87 dollars, or in today's dollars, $21,000 adjusted for inflation.
Thusly, IMHO, the 122,000 for so-called collectability isn't a horrible deal as far as strict numbers go.
I understand they're not technically new new, but even the mighty Grand Nationals aren't proving to be an extreme high value car in the collectible side of things. I would consider these some of the most rare GN's in general.
Would I own them? Not sure. I still have a hard time trying to consider buying any G-body that's not an Olds. I did buy a new '86 Monte SS for my (ex) back then, but that's because it was what she said she really wanted.
But when cleaned up, the twinz sure are purdy. 🙂 I'm sure they're going to live a pampered life.
Here's an even more crazy idea...
Say you took your 18000 back in 1987. You invested it at an average of 4% interest until Jan 1 this year. Compounded quarterly. That's VERY reasonable considering the 90s boom. But you would have 61,873 dollars today. Thusly, you could still buy one of those "new" GN's for 18K, your baseline cost, 32 years later. In essence, the Twinz basically was a tad more than the inflation rate. A new GN would cost roughly 40K today based solely on inflation alone (CPI).
Funky how investing long term can pay off in the long run. Most investments average higher rates of returns overall for that kind of run, so next time you run out and buy a new car with a pile of cash, just something to think about.
Say you took your 18000 back in 1987. You invested it at an average of 4% interest until Jan 1 this year. Compounded quarterly. That's VERY reasonable considering the 90s boom. But you would have 61,873 dollars today. Thusly, you could still buy one of those "new" GN's for 18K, your baseline cost, 32 years later. In essence, the Twinz basically was a tad more than the inflation rate. A new GN would cost roughly 40K today based solely on inflation alone (CPI).
Funky how investing long term can pay off in the long run. Most investments average higher rates of returns overall for that kind of run, so next time you run out and buy a new car with a pile of cash, just something to think about.
I hope one gets wrapped around a telephone pole, so that if they want them to stay twins, they have to wreck the other one into a telephone pole too.
I'm just happy the chic with the FAT *ss is still writing sold on the windshields!!
- Status
