WOW! GM's Garage Sale! One of a kind cars!

[Gerry]

One of the few things that holds its value and continues to climb in economic crisis.

The Muscle Cars and Convertibles of the 40's, 50's, 60's and early 70's have a huge market here in the US and overseas.

This story just appeared on the internet.



Selling off the Heritage Collection

General Motors is cleaning out the attic to sell some stuff at the auction house to raise some much needed cash.

Around 250 vehicles from GM's "Heritage Collection," will be auctioned by Barrett-Jackson, with the first lots going on Jan. 13 in Scottsdale, Ariz., and the second hitting the block in April in West Palm Beach, Fla.

Don't think that GM is parting with the family jewels to pay the mortgage. Though insiders can't recall such a big chunk of the collection being sold at once, 25% of the total, most of the vehicles are special show cars and one-offs that GM snapped together for the Specialty Equipment Manufacturers Assn. (SEMA) shows over the years, as well as some classic production cars that were duplicates of models GM still has.

Of interest to some bargain-hunting curiosity seekers, too, are some examples of GM design failures. As one GM executive told me off the record, "These are mostly cars that current management [probably product boss Bob Lutz and design chief Ed Welburn] don't much care for."

The real family jewels aren't going anywhere, even if one, like the first off-the-line 1966 Oldsmobile Toronado or 1938 Buick Y-Job, might bring as much cash as 10 or 20 of the cars being sold off.

GM Heritage Collection spokesman Greg Wallace says it's more a "thinning of the warehouse." He says it costs the company roughly $2,000 a year per car to maintain, store, and transport each vehicle. And with GM designs getting better and better under Lutz and Welburn, the company wants to make room for some of the new family gems, like the 2008 Chevy Mailbu and 2010 Chevy Camaro.

See More Cars



1918 Cadillac


1996 Buick Blackhawk


1960 Chevrolet Impala

[draggar]

Wow. I'm no car fanatic but some of those cars are just stunning works of art.

[south]

Wow.....

Some true dream cars in there.

Thanks for the post Doc!

[Carter]

Wow fantastic cars!!!
Big pimpin' on that Impala

Thanks Doc!

[cleverlyslick]

that impala's hot

[Focus]

I will be seeing them in person! woooooohooooooo

[TheLegendaryJP]

Keeping cars over keeping jobs, gotta love the attitude.

[Focus]

I'm feeling the pope caddy.......I'd ride out in that bis, maybe throw some D's on it..

[copper]

Keeping cars over keeping jobs, gotta love the attitude.

That's my thought, exactly.

[Gerry]

I'm feeling the pope caddy.......I'd ride out in that bis, maybe throw some D's on it..

Yeah, daddy. Sit up your throne being the pimp on the town tossing out coins like it was Mardi Gras!

The Focus is on Focus!

-----------------------------

I would love to see a line up of all 250 being offered and will post a link if found.

My next door neighbor has a 1936 Pontiac Convertible in his basement/garage along with a 61 Impala convertible. Both need restoration.

He does have two fully restored 55 Crown Victorias that he cruises around town in. Totally frame off restoration. Sea Foam Green (I think that was the name of the color) and white on one of the and the other is Coral and Cream. Gorgeous cars complete with fender skirts and continental kits.

These cars loose no value at all. I was into old cars several years ago and did well. I collected them and restored them for personal use but back injury forced sale. Simply could not work on them any longer.

TOOT TOOT!

Found the listing of cars that will be in the auction(s)

Scottsdale Arizona sale

http://www.barrett-jackson.com/appli...3&d=01/13/2009

First sale is over 5 days and comprising more than 1600 cars. The GM collection is mixed in here and there. The first link above gives a better idea as to which of the GM collection will be in there.

Keep in mind that the GM Brand spans about a hundred years and there are so many models under the GM family including Buick, Cadillac, Chevrolet, GM Daewoo, GMC, Holden, Hummer, Opel, Pontiac, Saab, Saturn, Vauxhall, and Wuling. Historically, there have been even more that are now defunct