Florida Mecum Astounds, 250 Ferrari GTO Sells - Shift and Steer EP552

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Hey, everybody, it's Shifton Steer.

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Hey, 2026 is starting out with a bang.

I mean, it's auction time of year.

We've got the Sotheby's RM auction in Scottsdale this week.

We've got Barrett Jackson happening right now.

And last week, we had Meekum and we're going to be talking about it on today's show

because they blew the lid off the place.

Man, have you guys, I mean, were you blown away by those prices?

Holy cow, I don't know what was going on over there.

I mean, great for Meekum records were broken, you know, multiple records were broken.

But what's going on with people spending this kind of money on, on like you may be

following a car for a couple of years and going, I, you know, I really want it.

I think there's a future.

I'll go 10% over market.

And when it's a multimillion dollar car, that's significant.

But to go two or three times its value.

Crazy. We've seen that fall on its head multiple times.

I have a theory.

I have a theory because it wasn't just the Ferraris.

I mean, they went bonkers, but the muscle car.

The muscle cars also.

Yeah.

I mean, the BB 512, it's still way undervalued.

Yeah. And so, oh, yeah, that 512 I saw that made me think of Mikey's

because I didn't want him to get rid of his original owner owned by him, baby.

And God, don't even get me started.

Anyway, sorry, sorry, sorry.

But anyways, the the muscle cars were going huge dollars too.

My theory is that with everything going on in the news,

everybody thought, man, I'm just spending my wad

because the world may not be here in a couple of weeks, you know, right?

I'm doing it too.

I'm going to go buy a slightly used Prius.

Yeah. Every, you know, what's happening is it's like I

you would think it's like everyone with money that are counting

is calling them going taxes or soon, don't hold onto cash

because you're going to have to pay that.

But that only would apply if the if the auction was in December,

not not January, right?

So it doesn't really apply.

And have they made that much money this so far this year

that they need a tax write off for this year?

But I I know I know guys that sell cars for a living

and their clients will come in and like it's it's December.

Bro, I talked to my account and we're getting ahead of it.

And he's like, I need to I need to come in right away

and get a new Ford Expedition.

You got one for like around 80 grand cash.

He's like, what? He's like, yeah, trust me, I got to do this.

It's a weird way of doing a business.

But yeah, OK.

Well, before we get into all the craziness of the Mekum auction

and the big prices and why or why not they sold.

And I want to talk about a 1999 Cadillac Deville.

OK. Now it's got it's got a North Star motor in it.

You know, so I don't know if you guys saw this or not.

But it was a pretty big thing online this week that bring a trailer,

which we all love. We all like to check out.

Took a little bit of a hit this week

because they usually vet their cars quite well. Oh, no.

But they had this 1999 get posted.

And it took a viewer

that went to the auction to go, what the hell?

Did you let this up there for because it was all AI?

Oh, no. When you look at the photos,

the car has vertical tail lights in some of the photos.

It has different tail lights than other photos.

In one, there's not a radiator.

And it's just I don't think the whole car is AI,

but I think somebody messed around with it

and and it made it past their people.

And so, you know, it gave it

it gave the opportunity for the bashers to bash, which always happens.

But it was pretty telling.

I mean, there's so many great things you can do with AI

as all of us have found out.

But there's so many bad things.

I mean, God, every other video on Instagram and on, you know,

is just it's it's some trash, you know,

and everybody's getting upset about it.

This was a weird thing to get past Bring a Trailer.

I don't blame Bring a Trailer for this because you're right.

I think someone was legit selling a car.

The trailer process is you submit your car,

win number, you pay your your $99 fee.

And when you upload the photos,

you have to upload the title with your name on it.

That doesn't go on the public listing,

but that's part of the authentication process.

No title, no sale.

Like you have to have the title as part of your.

So somebody probably had a real car.

They just had terrible images of the car.

So they and they wanted to fix flaws in the car.

And so they started using AI for it.

And yeah, good, good eye on on on some of them.

Oh, wow, I'm looking over these photos now.

I see the discrepancies now,

like like the body lines don't line up and some weird stuff.

But wow, like just at a glance,

I think I would have missed some of that stuff, too.

And I scrutinize, especially the car,

because we're it's not something that we're used to looking at all the time.

Yeah. And it's not something that's so collectible or anything

that somebody be going, oh, wait a minute, no, it right.

So I passed.

I just interviewed bring a trailer.

But it was a great interview.

They were on car cast recently.

By the way, one point seven billion and change they did amazing.

One point seven one billion dollars in total auction sales.

The number one brand was Porsche and the number one car was nine eleven.

So right, if somebody was trying to scam or fix photos,

if they did a nine eleven, right, you'd be so scrutinized.

So like, if you were going to pick an old Cadillac,

like you're talking about like a nineties Cadillac or whatever, you're right.

I, you know, I probably wanted to spend that much time

clicking through those photos and scrutinizing that car.

I probably would have got away with it.

I admit it. You wouldn't even click on that car.

Maybe it was a test.

Maybe maybe someone out there is testing the waters to see if

if AI can get through and they're going to scam, you know,

it was pretty amazing, though, when I saw it.

And you know, bring a trailer, took it down, right?

So bring a trailer.

They already addressed it, took it down and said they apologized

and they were going to scrutinize their, you know,

how it would have gotten through because they're supposed to have

dedicated people that review every photo and they do.

When when we talk to them, when I talk to them about

how things have grown and changed and how do they keep up with it?

Several things.

One is they were when I spoke to them a year ago,

they were doing 600 auctions a week.

Now they're up to about a thousand auctions a week.

But it takes a much bigger staff

because not only did they increase almost double the amount of auctions per week,

but the amount of time to get a listing done is now just a couple of days.

Like from when you pay and it gets approved, if you're not the roadblock,

they'll get it done quicker before it could take up to two weeks

because they would scrutinize and how to go through team members

and they didn't have enough people.

And one of the features they talked about

maybe was a couple of years ago, they talked about

if you can't take the photos, they have the premium listings.

So instead of a ninety nine dollar listing for like three ninety nine

or something like that, they'll find a local photographer

that has done a bunch of bring a trailer stuff.

They'll come to you, they'll photograph the car.

But now they're working with, for lack of a better term,

like authorized sellers.

So if Brad, you were saying like, hey, listen, I'm super busy.

You know, I got to drive to Arizona or whatever, sell my mom's house,

take care of it. But I but I want to sell her truck.

You know, for example, you can you can literally just hand over the key

and you can just pay a premium fee and go, you do everything.

You do the listing. You, you know, here's what I know.

Here's the van. Here's the title.

You take the photos, you do the listing.

You manage the comments and call me when it's done.

They will do that whole thing for you as well.

My friend does that. I mean, for friends,

but it's kind of a little side hustle for him.

Yeah. Yeah, I've done I've done like 12 or 15 cars

that are up there up on, you know, look at my history on on.

Oh, that's right. You're the friend. Sorry.

Oh, you're the guy. You're the other friend.

I'm the guy. I'm the other guy.

I'm going to be doing it again soon. We're listing.

Oh, no, wait, that's A.I. Brad.

Yeah, Brad. Brad's friend, Al.

But yeah, I'm working on a listing right now.

And Brad, this is a cool car.

It's a 1992 Porsche 911 Turbo black on black,

forty two, forty three thousand miles.

It's not the factory slant nose that you were looking for.

Right. Right.

It is it's Goldberg's car.

He's had it for 20 plus years.

And because he doesn't really fit in it, all he's going to say.

Yeah. Yeah.

All he's done is like put it on a lift

and just like clean it and detail it and just like every nut and bolt.

The engine compartment, everything.

And it's got a full couple of tasteful mods.

It was done by a group in Arizona that it's since closed.

I don't want to say they're gone on business.

They could have just gotten old, retired.

But they I think he did a little bit larger

turbos, intercooler, coilovers, just a just a couple of tasteful mods.

And it just runs strong.

It's it's a cool car.

But these nine, six, four turbos, I would you got to be.

Prepare to pay north of 200,000.

Easy. Yeah. Easy.

That's a great car.

Wow. It's cool though.

The eighty, the eighty four eighty fives are going like bonkers now, too.

I mean, it's like I always thought, oh, you know, maybe I'll own one of those.

No, I guess I won't now.

You know, I mean now it's like it's like I honestly, at one point

in my life said, you know, sometimes I'm going to own enough 40.

Yeah. Yeah. I don't think so now.

I don't think so.

Well, I think I think it happened, Brad.

Yes, that's true. That's true.

I'm thinking of selling the Morgan because I really want a different

experience for the rally as much as I love that car.

And and I was looking at, you know, some older nine elevens.

I'd like something in patina, you know, older nine elevens,

maybe a little three fifty six coupe, some Jaguar, you know, XK 120s.

I was looking at alpha GTVs like I'm going, maybe I can get, you know,

forty five to fifty five for the Morgan like that.

Like that's a fair middle ground.

And I'm like, there's not much out there.

And then now a couple of things that I like just went to the auction

and got crazy money.

I'm like, well, there is my chances with those.

Same thing, Brad.

It's like it's like the value of stuff.

It's just it's bananas again.

What's going on?

Yeah, but it's the the premium top of the line.

Best of the best rarity.

And that and that's a great segue into back to the meekum auction

that we were talking about.

It's it's crazy.

We if you haven't had your head in the sand,

you've probably already heard about some of these prices

or the 250 GTO Ferrari, the white one.

But let's start out with some of the muscle cars

and one of them put a big smile on my face before you do that.

Let me let me just run through because I got it in front of me.

I'll just run through why we're hitting this.

OK, the the the meekum auction total sales for that week

or however many days, four hundred and forty one million dollars,

the largest in person auction ever to happen for forty one.

As it was happening, you could tell it was it was it was nuts.

Saturday was the largest single day auction in history.

Saturday alone, granted, there were some big cars,

two hundred and fifty nine million dollars.

Now, to put this in perspective,

like like like RM or Gooding over in in Arizona,

we'll probably do a sixty million dollar auction.

So this is two hundred and fifty nine million in one day.

And they had a hundred and forty thousand people show up

at that at that auction.

And it was cold in Florida that week.

It wasn't even warm.

So just before we even get into some of the cars, think about like

I mean, total auction sales for the year

for for bring a trailer is one point seven billion.

That's a crazy number.

And we look at the biggest

Barry Jackson Scottsdale auctions, right?

Because they're friends, right?

We follow them and they hit some some records.

Two hundred million dollars a year at those auctions.

When I when we did Vegas years ago on the first one back from covid,

I think that was like thirty six or forty million dollars.

Like to give it in perspective to do four hundred and forty one million dollars

during you would ever the few days that they were one crazy.

The one Ferrari collection that they can sign for that auction.

That did, I believe I heard one hundred and twelve million.

Just that one group of cars.

It's forty eight cars.

Crazy. Yeah, it's just and thirty three of those forty eight.

Set records, set world records.

So everything but the five twelve.

Yeah.

So let's get into this.

It's crazy.

Let's start right out with one of the muscle cars

that was pretty, pretty crazy.

It was a Yanko Nova, a Yanko Nova.

That car was beautiful.

It was in great condition, fully restored.

And it got eight hundred and fifty two thousand dollars.

A Nova, a Nova, a Nova.

And now, Matt, you wanted that little seventy one Nova that was down the street.

Well, it was twenty thousand bucks.

It just went up to seventy two.

So it's right.

And it's not even restored and has six cylinder.

Another one that kind of we all knew this one was going to do well.

But it got top of their estimate.

Which was the seventy one CUDA, the Hemi CUDA convertible, the white and black one.

And it brought in three point three million, which was their high on their estimate.

Three point three million. That's that one was bonkers.

That was one of the cars that that Goldberg's always had his eye on.

As far as his Dodge collection, that's the one car he's never had.

One of one of the coupes or the or the convertibles, right?

He never had it.

And I told him what the estimate was.

And he's like, oh, my God, that's insane.

And you're right, they got the high end of that estimate.

Now, this next car really put a smile on my face.

I'll have you know.

Sixty nine motion Camaro.

Yeah. Yeah. One point one million dollars.

Wow. Yeah. One point one mil.

I like that. Now, what's interesting is they also had two of the

motion Camaros that were built in the 90s that went through one convertible

and one hard top.

The hard top got quite a bit more.

I'm sure it's because it had bond speed wheels on it.

But it got it got a hundred and ninety two thousand.

That's because the other one was from like my Vega, you know, was original.

It was a ball in motion from back in the day.

And and this other one was one of the remakes, although made by motion

and by Joel Rosen, it was one of the what I would call a remake car.

A reissue. Let's call it a reissue. Continuation, the continuation.

But yeah, so what would a what would a 71

motion Vega, the only one from the Reggie Jackson collection be worth?

Well, you know, you'll have to run some photos through AI.

You have to bring a trailer and see.

But I mean, geez, that was like, OK, good.

I like that. So I was thinking about Reggie the other day.

That's that's that's a shame.

What's the shame? Well, that he passed away.

Reggie Jackson. Yeah.

I didn't know that. I don't know that.

That's the way a couple of years ago. No, I don't know.

I just saw my bear Jackson.

Not that long ago. No shit.

Yeah. I thought he passed away.

I'll think about him going, man, you know, because I kind of used to work.

My shop was across the street from him and my friend bought his old

in Seaside Bay. Yeah, in Seaside.

So I used to go over there all the time.

He used to bug me because he wanted one of my top rods.

But he was always really, really nice to me.

Well, I've been well, 79 years old.

They're probably going to say, wow, you know what?

You're trying to do one of those Internet things, aren't you?

Start a rumor. I read a couple of years ago and I fell for it.

David Aaron, you're starting.

You're starting. Wait, let me put on my glasses.

Wait, let me put on my glasses.

You know what? I fallen for a couple of those.

I think my I think my mom probably said it to me.

He said, look, what happened? I went, oh, man,

I never went any deeper than that.

Hey, if mom she plaques and died away, so who's that?

It's a guy that lives down the street.

So what's happening is it must be true.

Brad has Brad has secretly been having a Lexa tell you weird stuff

in the middle of the night and like he did to his mom.

And that's why you wake up going, I just had this dream.

That's why I'm glad this is the first time I've repeated that.

Well, here you go.

Good news, Reggie Jackson is alive in accurate air.

Well, Reggie, Reggie's back alive and with us.

So good. Good.

Well, I'll buy some of their Jackson this week.

So apparently Reggie and Jesus.

They're the only ones who come back.

Come on, Elvis, we're praying for you. Come on.

Yeah. OK.

Lame. 69 Yenco Camaro.

Yeah, cool car.

Prototype, the prototype. Oh, wow.

What do you think it went for?

What do you think, Aaron? Got a guess?

Five mil. Oh, man.

They wish they were one point eight million, though.

Oh, that's still that's that's more than a copo,

which is the factory lightweight four twenty seven car

or a ZL one, which is the aluminum motor car has ever gone for.

But I it's one of these cars, again, that it presented.

Well, you know, it like it's golden white.

But when you see it, you're like, ah, it looks so good.

It just it really presented well.

Here's one of these things that came up at an auction.

I was I was at an auction years ago.

I was with Adam Cruller.

We were bidding on a on a Ferrari

years and years ago, and it got past the estimate

and it was going a little higher.

And then I was just like, this this isn't hit, Adam.

I was like, we need to back out.

So we backed out of it.

And then later, somebody came up to us and said,

it was a good try.

The guy who bought it, I don't remember his name.

He goes, the guy who bought it came here to buy some other car

that was like nine million dollars and he didn't get it.

And I go, I go, oh, so he was not going home empty handed.

You know, for him, that was a Jackson before he passed.

You know what I'm saying?

Like this guy showed up with nine million dollars

burbling a hole in his pocket.

He had reliable carriers on call outside, you know,

he was which was already probably a couple of grand.

I was like, yeah.

So for him to like, he's like for him in his head,

he's going, oh, if I'm going to pay $290,000

for a car that's worth 225, who cares?

I'm not going home empty handed.

And that's that's probably a bit of what has happened

at some of these auctions when you're alive

and you're in the room and you're passionate about it.

And then you're kind of angry that you didn't get the car

you wanted.

Then it's easy for you to go, gosh,

I didn't get that 12 million dollar car.

But you know what?

This yank goes awesome.

Would I pay 1.8 million for it or whatever?

Like, sure, whatever, you know,

and that's good for those follow up cars.

His account is going, spend the money.

I don't care what you buy.

Just spend the money.

Do you think that's what happened with that 66 for our,

I mean, for our excuse me for GT 40.

Oh my gosh.

Honestly, I don't know where it was in the docket,

but look at the price of that thing.

12 million dollars.

It's got to have some history.

Oh, it does.

But, you know, it's still, yeah, it's like it was an MK2

was a factory lightweight car.

It had a story to it for sure.

There was a lot there and everybody was spending money

and the guy just went, wow, I got to buy something.

I still think Shelby Cobras and four GTs undervalued cars,

four GT or GT 40s, win Le Mans, win first,

second, third Le Mans, win for multiple years.

Like it didn't have a ton of them out there undervalued

cars compared to other Le Mans winners that are out there.

So I think this one's getting the money it deserves.

No, right on.

Think of the cars.

You say, think of the cars.

Think when I was 18 years old, in the back of Hot Rod

magazine, you could buy a 427 aluminum real Shelby

Cobra for like 10,000 bucks.

Now, 10,000 bucks back then was a lot of money, man.

I mean, I think my dad paid, say, 7,500 for his Chrysler

Cordova.

You know, I.

That's when, like before color, though, right?

Like, yeah, it was in black and white when it was like

black and white Hot Rod magazine.

It was like a pamphlet.

No, but we're talking, you know, like when I was

in high school in 1989, something like that.

And, you know, so but but think of that.

And then you think of like the Hemi car that just sold for

3.3, you could have had that for like 7,500 bucks.

Yeah.

And yeah, I mean, I literally had a guy come into the

speed shop that I worked at in Omaha, Nebraska.

He was moving.

He had a Hemi car and he said, and he said, hey, man, I

got to sell this.

I can't haul it to where I'm moving to because I just

don't have any way of doing it.

I got my other cars, blah, blah, blah.

And I go, what do you got to have for it?

And he goes, 1500 bucks.

And I'm like, and it was a nice one, you know?

And I'm like, and now it wasn't a coup.

It was a GTX.

But I'm like, I'm like, I thought about it.

I thought about I was like, where am I going to come up

with 1500 bucks, man?

You know?

And I mean, can you imagine if you could have like

squirreled some of those away, you know, or or bought

one of those crappy GTOs, you know?

I mean, it was old race cars.

I mean, you got to remember the story when when Pete Brock

and Shelby were racing for or Shelby Daytona Coupes

at Le Mans and they were too expensive to bring home.

And he was just like, just throw them in the ocean.

We don't want them.

And then somebody somebody at the beginning of now

they're they're they're boo boo bucks.

So I've got some of the we got to know what it is today.

Yeah, you know, in the future, I maybe was 14 million

or something on my alarm keeps going off here.

Can't hear it.

What were you saying, 14 million for what?

For one of the Daytona, I think the Daytona,

I don't know where they are now.

I haven't followed them in a while, but it's like,

look at an AC Shelby, a real 427 car right now.

And it's like, you know, they're

unobtainable for the average enthusiast.

It's it's it's kind of sad in a way

because it'd be a great car to have.

And well, that's that's one of the cars

that came up on on the list.

So here's a few of the notable cars

at at Meekam, a 69 Chevy Camaro Baldwin motion

LS seven Camaro.

That's the one we were talking about.

Yeah, that's the one point one million.

Uh huh.

There was a 2006 for GT, one of the heritage cars.

They got a little bit more money than in the past,

but I think they were floating around 600,000.

One million three hundred and twenty thousand.

I got the Porsche 918 Weisack package, six million fifty thousand.

That was the one I think it was a paint to sample orange color.

Which car was this? What model?

It's a it's a 918.

Oh, OK. The hybrid slider.

Yeah, it looks so different in that color, too.

Yeah, it did.

It kind of rolled up and looked like a McLaren

because it looks like McLaren's papaya.

Yeah, you mentioned the heavy CUDA convertible

three point three million, but sixty six Shelby four twenty seven

Cobra real car, beautiful green, the dark green, like the Highland Green.

Three point three million.

Yeah, for four twenty seven Cobra and then an Enzo Ferrari

went for eleven million one hundred and ten thousand.

That's insane, which is.

But again, paint color was, you know, special order.

And it was, you know, something you never see it, Enzo, in that color.

OK, one of the Ferraris that I really like is the two eighty eight GTO, right?

Now, Adam always makes fun of it because it's like it looks like it has

a lift kit with off road tires and the side mirror is like it's like red.

And then it's like black plastic and it's red again.

And it looks like it has like an Adelief in there.

Like it's tall and it looks like, you know, but those have always been

what, three million, two point something to three million.

Right. And not any more.

Yes, not any more.

Did you see how much it was?

Seven point seven five million dollars.

That's the hammer price.

It's eight point five two five eight and a half million all in.

Kate, do you want a real one that will blow you away?

Previously, the highest sale on one of those was four million four

hundred and five thousand.

That's a huge increase.

That's what I'm saying.

Like you really, really want a car.

What are you paying 10 percent over a value?

By the way, if it's four million dollars and you're going, oh, man,

I'm going to go to four, four, four or five and that's still the most

expensive one. When do you think you're going to go to eight and a

half million double?

Like this is what happened was the the Toyota, the 2000 GT, right?

Some call it cut, you know, the first Japanese supercar.

If you're familiar with the car,

I had the big, lucky lights and the pop ups.

Very cool.

But it's not like a lot of car.

It's like it's small and it's not like it's a big V8 or, you know,

10 cylinder and we're looking at those cars going, I get it.

It's cool. There's history there.

Japanese, you know, but.

Is it a million dollar car?

And at one point it got to a million dollars.

And we're looking at it going, that's too much car.

It's too much.

It's not enough car for I'm sorry.

It's not enough car for a million dollars and then they dropped hard

and they've been floating around for 10 years now at a half a million dollars.

So is that 288?

How long is it going to take for that to get to that price?

You know, you'll see you'll run into guys, you know, Bruce Kenapa,

you know, you'll run into guys at auction as well and go,

listen, you're going to pay six million for a car that's selling all

day long for five million, but it's going to get to six million at some

point. So how long are you going to hold it on for?

You know, how long are you going to hold that car for?

Well, if you're at four million dollar

valuation for a car and you just paid eight and a half million,

you're probably this is probably generational ownership now because

your kids are grandkids.

It's not like when you get there, it's just how long it's going to take.

Right. It may never get there.

And, you know, now, Aaron, what did I don't recall?

I know we all talked about it.

What did your dad's LaFerrari go for at Bear Jackson?

Just is just under five.

It was four point eight or something like that.

Yeah. But I think I think with the wasn't all in with the fees like five five

almost five five, I'm going to say five point two three.

Yeah. Yeah.

OK. I think the fees they had one sell there.

2015 LaFerrari six point one million.

And was the previous record at five point two.

Was it the apperta?

No, this is not the apperta.

Yeah, the apperta goes for even more.

Yeah, the apperta went for even more.

Well, yeah.

But six point one.

So everything was just knocking it out of the park, except for the older Ferraris.

And see, we're seeing this now, the older Ferraris are.

I mean, we're seeing it here with the real.

I think the test will be what happens at R.M.

or at Bonham's or at Gooding, things like that, where people are used

to buying those older Ferraris.

Yeah. Will they hold their value or is this next generation who's moving the dollars

coming in and saying, no, we want the new ones.

We don't want those old muscle car ones.

You know, well, if we look at some of the newer ones like like like that three

sixty, they're going for as much money as some of these classic Ferraris.

You know, it's that's what I'm saying.

Yeah, the new one. Yeah, it's interesting.

You know, for us, for us, it'd be like, yeah, man,

maybe the older ones will devalue.

They're not going to devalue enough, though.

That's the problem. Yeah, right.

That's all right.

So do you want to take a quick break and then we'll talk about.

Let's do that.

Let's take a break in the big Ferrari.

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Those guys, they're the ones who help us to buy a Ferrari GTO.

That's right.

So there was this guy that that bought the Ferrari GTO and I know him.

I actually know him through some friends and he's a big watch guy also.

So we've had a couple of conversations that shows here in Orange County.

One or two.

I'm not saying he's like my best buddy or anything.

He's an acquaintance.

I've met him a couple of times.

I guess there was a little bit of a mistake.

He sent the guy down there to buy the car.

He told him he wanted the GTO judge and the guy accidentally bought the GTO Ferrari.

So no, but seriously, I do know him.

And David Lee's his name.

Excuse me.

Yeah, he's got a big public Instagram.

So he publicly said he bought it.

It's all out there.

Brad's not throwing them under the bus and having people show up at his garage

to try to jack his car.

Listen, he's got a hell of a Ferrari collection before this.

And he has a huge watch store.

This huge, I mean, he's had he's had car shows there before.

That's one of the ones where I met him.

And it's it's crazy.

It's the cars and this car.

Now, we talked about this last week about what we thought it would go for.

I didn't know anything about this car.

Now that I find out about the car, Matt, you almost nailed the price.

You said, I think 32 million.

I said 38, but I think I might have said hammer price 38.

So and it ended up being 38 and a half million all in.

So it was hammered like 35.

But what I found out afterwards, and we'll shed this before we.

Go into it, do I get a commission on it?

Is that what you found out?

Yes, you do.

But some of the things is, OK, number one,

it's right hand drive, which makes it less desirable to some people.

But it did not have the original motor.

Didn't have a serial number matching number motor.

But that, you know, when you really look at the overall scheme,

these were race cars.

There's a lot of Hemi cars that don't have the right marks.

There's a lot of other race cars that don't have because they blew them up

and put a different motor in.

You know, it's usually chassis numbers that you're looking at on these cars.

Also, keep in mind, like like a Le Mans winning 250 GTO is, you know,

70 to 100 million, you know, something that that does have all the boxes checked

is a 70 million dollar Ferrari.

So if you get one of these rare cars and sure, it had an engine swap over,

there's to a period correct engine to the right end, right?

You know, it's not like it's got an LS swapping it or anything.

And you get it for thirty eight and a half million.

That's, you know, the car wasn't restored and it was white.

And it was painted. Sorry.

It was painted. It's been painted several times.

Yeah, it's been painted a number of colors,

but it was white, which was the original color from the factory.

And the only one ever painted white.

And as one observer said,

people are used to red when they see a Ferrari GTO.

You know, it's one of those things.

But go ahead, Matt, you you're going to get into the pricing and some of the action.

I was going to say, first of all, I love it and white.

I think it's great.

I think it's super special and white.

I I.

Again, we talked about like, should it get its own standalone auction?

You know, what was the deal around it?

And I think, you know, Meekum's strategy was

it's not a Le Mans winner.

It actually doesn't have much racing history or any winning history at all.

The other one that sold a few years ago at RM

had like a class win at the Nürburgring, and that one was like 50 something

million dollars, right?

So this is where in this racing car world, the wins really start to to pay.

Yeah, yeah.

So they're going, well, you know, it's been painted.

It's an engine swap.

Doesn't have the race history.

Instead of giving it its own standalone auction, let's bring it to our flagship

auction auction, but to get those people in the room.

Let's let's see if we can consign as many high dollar

Ferraris as we possibly can for that.

And that's where this ended up being just a home run strategy.

We just talked about the strategy because not only did this car sell,

look what it did to every other Ferrari in the room at that time.

I don't think this is the new benchmark for Ferraris, by the way.

Everybody shouldn't start listing their

Ferraris or bring a trailer and and all over the place at these crazy prices.

This is not that this was this was passionate in the room.

This is why the live auction still is a desirable thing to go to.

You know, one of the things, though, Matt, that that was an observation that that I

noted is that it was these this Buchanan collection had these made to order,

which they call the Ferrari Taylor made to order crazy colors.

That one was yellow with a green interior and another one.

I mean, but he did that way before people are doing it now.

Like we saw it with Porsche back in the 80s,

you could special order those really unique colors and there were people that did it.

And now those colored cars are worth a ton more.

But it's not what they're doing now.

Now there's guys ordering them just on speculation.

I'm going to order some crazy color to.

So I think if there's era colors and some of these, you know,

called Miami Vice colors or whatever you want to call them.

That's also a reason these cars went

because there's not going to be another one.

Thank God that's yellow with a green interior.

But unless somebody special orders it, you know, and and then just sits on it.

But this guy did it because that's what he liked.

I mean, he was a yellow fanatic and he obviously and he ordered one of everything.

I mean, that was a collection like no other.

Because all the other Ferrari guys have red cars.

Yeah, except David Lee, David Lee's got his his

well, he's got a collection.

Yeah, he's got his his master catch up mayonnaise.

Yeah, now he's adding mayonnaise.

That's good, Brad.

His his Instagram is

Ferrari collector David underscored David Lee and he's got 1.1 million followers.

There's a video up there that that says he has an 85 million dollar

collection and and part of that is so my friends at Hero Cover,

they have a deal with with Mekum.

Mekum, they're the official car cover of Mekum.

So they went out there and covered.

They do the full printed photo realistic covers, right?

Aaron, obviously you're very familiar with them.

They're friends.

So they pushed on that Mekum deal.

And they went out there to cover some of the best cars.

So they covered, I think, the Yanco Camaro.

They covered the 250 GTO.

It looked great, too.

Yeah, and it looks like they should have covered it in red.

Just a bit funny.

Yeah, it's funny.

There was one of the covers they did.

I think it was at SEMA, where somebody

did a big SEMA build.

But I forgot it was like a muscle car and it was a ratted out like muscle car

rusty like you would start with, of course, and then you turn it into some

SEMA build. So they hold on.

Slum is going up.

But they did the car cover with the old photos of the rusted out Junker car.

And when they debuted the car, they pulled that off and it showed the new version.

So that's a great idea.

It's a fun way to debut it.

Yeah, and that's the thing, too.

Is when I was speaking with Cody about my wife's new little car

from Hero Covers, he said, well, let's let's let's do something different.

Let's do a nice collab.

And we'll come up with a cool design.

And when I was at Porsche, Colorado Springs, they had this beautiful rally car there

that was really, really beautiful.

And it was all polka dots.

And I thought, oh, I've got to just do something with polka dots for my wife.

And, you know, polka dot queen and roller skating and, you know,

like all these fun things that she loves.

And they nailed it.

And so you see this really fun, elaborate car cover in the garage.

And then you uncover the cover.

And it's this very understated Porsche.

It's an adventuring green and dark wheels and black interior.

And it's very understated.

But the cover is like, whoa.

So it's like, just celebrate the cover.

Have some fun because it's for her.

And she's excited every time she goes out in the garage and she gets to

uncover her beauty in a different way.

I love what they're doing.

You know, they had one customer that wanted it to look like a pizza.

So they put it in the pizza.

That's right.

Anyway, really fun stuff.

Yeah, really, really fun company.

Yeah, it was a pepperoni pizza.

But anyway, they're friends of ours.

Burrito, we make good car covers.

We love what they're doing.

They're at hero covers dot com.

You know, the paint's coming off my truck that I won the SEMA Design

Award for the GM Design Award.

I should have them do one that looks like it's all painted nice.

And then when I take it off, it's a radial truck.

There you go.

But you don't have to paint it.

You can tell people like under that cover that looks just like my truck over

there. Wow, that's really nice.

You should have the cover look like a 2026 version of it.

When you uncover it's an old beater.

Yeah, that'd be great.

But it was just phenomenal.

Like you said, Matt, four hundred and forty one million.

That that obliterates everybody else.

I mean, there hasn't been an auction like that.

I don't know if there will be another auction like that.

Yeah, we'll see.

Again, it's not a new standard, probably, you know, it's.

We will really keep our eye on RM this week out in Scottsdale

because they're going to have some cars that fall in the same categories.

It will be interesting to see if people go, well, man,

I got to get in on this because that does happen sometimes.

Yeah.

And see if, you know, if we have some crazy

prices out there or if they kind of settle back in.

My guess is they'll be a little bit accelerated.

Maybe not what we saw down there.

Yeah, I just hope dad doesn't start wanting to sell all his stuff because

great going, we got to make some money.

Let me get some more of your cars.

Oh, dad, stop selling shit.

Funny you say that because you called me the other day and said he wanted

to get rid of everything.

Well, I've had to hold him back on a few things.

The latest thing was his vanquish.

He was like, I was thinking maybe I'll sell a vanquish.

You know, I don't drive it that much and I've had to put four transmissions in it.

And he's going, but they're not worth anything.

I'm like, I know.

And if you put four transmissions in it, it's worth even less.

Yeah, it's they're like like 50 grand.

And it's a first generation.

Cars didn't hold their value because they were unreliable.

Yeah, beautiful car.

But I'm fixing all kinds of silly stuff in that car.

Just little broken bits and pieces and but cool car.

You know, I mean, just yeah, crazy under value.

But I can't believe that the 512 BBIs are just

they should be a million dollar cars right now that they really should be.

There's nothing.

There's nothing unferrari about that car, mid-inch and 12.

I mean, the thing is just if a 288, which is similar body style,

if a 288 can go to eight and a half million, you're why isn't that 512?

Yeah, I mean, I would argue you're the one he has is the most famous one

of the world and it is worth a million dollars.

But which one?

Matt, who has it?

His dad has a has a black Ferrari 512, right?

Because it was in the video.

Yeah, and Michael's he wrote a song about it.

Yeah, if you didn't know that, Brad, I didn't know if you knew that.

I didn't. I didn't.

Have you guys looked at any of the

the cars that are going through at Scottsdale this week?

I haven't dug into the docket too much, but you're heading out to Barrett.

So what do you got your eye on there?

You know what? I got the catalog.

They always mail me a pre catalog and there were some things in there.

But unfortunately, I mean, they do a great job with it.

Don't get me wrong.

Unfortunately, what they send out is got to be produced so far in advance

that that there's a lot of cars that haven't made it in there yet.

You know what I mean?

Now, I will tell you, there's a 2008

Mini Cooper convertible, Aaron.

Not interested.

I know you got your eye on that one.

Not interested.

Come on.

Nope.

He's done that gimmick already.

He just said he's looking for something different.

I end up with the what is it?

The Asuzu Viacross.

Oh, yeah.

I'm my mini Cooper.

I'm keeping my mini Cooper's keeper.

But the Morgan, too hard to find parts for.

And it hasn't been real reliable for me.

I think I think I've pretty much fixed everything,

but I'm just looking for different experiences that every time you do that

rally, it rains.

So maybe something with a top on it.

Well, if you think of how conditional driving a little Cobra is, right?

Like I love Dad's little 289 Cobra.

I'd love to own that car.

I would love to own that car.

But that's a pretty conditional car to drive.

Like it really has to be kind of prime weather to drive it.

The Morgan is 10 times that as far as it's like it has to be the perfect

temperature, can't be too warm, can't be too cold, can't be any moisture on the road.

I mean, you're driving a hundred and something horsepower with little

skinny tires in the front and completely open to the elements.

You can touch the ground if you put your hand out.

You got little Brooklyn arrow screen.

So you have to wear eye protection.

Lately I've been thinking of just wearing a helmet.

Like I just in Britain, when they do their rally,

most of those guys wear helmets.

I get it. You have communications in there.

You have your maps in there because there's nowhere to put your phone.

I stick my phone in between the seat and like like the transmission tunnel

or or I stuff it between my legs because there's nowhere to put anything,

not even a bottle of water. So it's a cool little car.

I mean, I love it, but it's so conditional.

I just I just don't know.

You know, I'd much rather have a 120, you know, Jaguar or another alpha

or or something that I could drive more often and enjoy.

You know, I'll tell you another car that that has gone through the roof

that I always thought about owning and I didn't pull the trigger soon enough,

which is a three fifty six Porsche.

Oh, yeah, I'd love to have a roof.

You could buy them for nothing just ten years ago.

You know, there's in our rally, we have million dollar three to six examples.

We had we had a couple of examples that were worth over a million dollars.

Crazy how much those have gone.

And even the coops are starting to go up like crazy, too.

I will tell you a car that they have gone through.

It's got still on Friday, which is an interesting car for me.

It's it's a Ferrari Testarosa and it's a 1987 Testarosa.

But it's a Strayman, excuse me, a Strayman got convertible conversion.

And for those of you who aren't familiar with that,

we've talked about it here on the show.

They're why I'm in was in Newport Beach.

And he was an incredible craftsman who would take Ferraris.

He would take Mercedes.

He would take anything that you brought.

This too. Wasn't there a Porsche?

He shows. Yes.

And he would convert them into convertibles.

But even the factory, even Ferrari factory said they they respected this guy

because he did everything to where it retracted.

And you could not tell.

Didn't just look like a chopped off.

And my old business partner at Vision,

he had a 560 SEC that he took down there.

And that car, you drove in it, it didn't squeak.

It didn't do it didn't move around or anything.

And it it was a full electric top.

You didn't have to get out and do stuff.

And the Ferrari Testarosa's when the top is down, they are beautiful.

Yeah, they are.

The question is, will making it a convertible hurt the price?

Because Testarosa's have finally got their

their pricing going up for so long, they were just stuck.

And now they're finally going back up.

I wonder if that will help or hurt it, you know, because not enough people know

about Strayman to be one of those like an AMG or a Brabus or.

Yeah, my prediction is it doesn't do as well.

Really? Yeah, I think it's going to go under.

It's going to go under the Testarosa market.

I'm hoping it does the same.

I'm hoping with that said, I'm hoping it does the same because they have these guys.

Brad, you get two people in the room that really know what it is.

And there's not that many and they know the quality of work.

And then all of a sudden, you know, it's eight million dollars.

Yeah, yeah, exactly.

And then when we look at when we look at R.M.

in Scottsdale,

you know, they've they've got some pretty incredible cars there as they always do.

You know, and, you know, like, should I should I even bring it up?

This could this could rival the GTO sale at Meekam, but it's a 61

Renault Jolly and as a Renault or Fiat.

Now, it's a Renault.

This one, this particular one's a Renault, you know,

that although I kid around, those jollies go for like, yeah,

they go for 40, 50, 60.

Yeah, this one's estimated at 90.

You know, and I mean, it's like, really?

But they do have some interesting cars like a 89 Lamborghini Kuntai.

Did you see what the Kuntai went down?

The Kuntai Kuntai, whatever you want to call it, went for down at Monterey,

Matt, did you see that one?

No, I didn't.

It went for big money.

I can't I'm not even going to guess because I was not.

I didn't write it down didn't make a note.

Yeah, I don't remember.

But it went for way over the money.

Yeah. And you wonder.

RM looks at their, you know, when they made all of their estimate,

their pre-auction estimates like they do, you know, and you kind of go,

hmm, they have a they have a 2016 Aston Martin Vulcan.

1.8 million.

What do you think it'll go for?

That in the money or is it going to go for more?

I they might be they might be there.

So Aston Martin's been doing a better job at some of these very limited production

versions of the cars to bring up the value of the whole marquee, right?

Like bring up the value of the Aston Martin brand because

those of historically just like a British cars kind of in general just

have always, you know, they're like, ah, we

they don't really get their money worth, right?

They don't. They're not a Ferrari at the end of the day.

But we've seen over the years now, you know,

Jag has really started to to go up in value, some especially the rare stuff.

I think Aston Martin is kind of getting there.

What's the the one seven seven or something that was like the crazy super car?

But I think those were getting pretty good money.

Yeah, we'll see.

I couldn't say for sure.

I haven't followed up, but it feels like it's a fair number.

Well, they have a 2015 Ferrari La Ferrari.

Their pre auction estimate on that car is four and a half to five million.

There and then they have right above it.

A another Ferrari, a 2012 Ferrari La Ferrari prototype.

And it has the funky wrap on it so that, you know,

if a photographer takes pictures, it's hard to tell and estimate available upon request.

Some of those things like what do you think it'll go for?

Here's things like you have to be like the big collector.

Yeah, like David Lee or something because because like otherwise what are you doing?

You're paying a lot more money for the junkiest version of the La Ferrari

that you can never drive and the question is that, hey, look what I got.

Look what I got the prototype, man.

You know, I mean, yeah, but they do have it's a it's a cool story when you're

walking through the Peterson Museum, like if you're walking through your

personal garage, I mean, like, here's the prototype.

You're like, all right, what do you do with it?

Like, I know that panel is not finished, but in the production version.

Yeah, it's like I paid twice as much money for half as much car.

It's like, yeah, man, it's a whole different mindset when you already have

eighty five million dollars worth of cars sitting in there and you're like,

do I need another one?

No, I need that one.

I need that one right there.

It's now I do find this interesting.

They have a 2003 Ferrari Enzo and it says

pre-option estimate five to six million dollars.

Then it looks like somebody took a pencil and crossed it off and put 10 million.

OK, they didn't those ends.

Those are gorgeous.

So how many people are flying from Meekham in Florida to to Scottsdale right now

on their private jets going, damn it.

I didn't get to buy what I wanted that one there.

You know, I got to go to I got to go to Arizona now.

That's right. That's exactly what's going on.

And they're all going there to buy that for Shelby.

Two eighty nine that Aaron wants from his dad.

This one, sixty four Shelby, two eighty nine.

It's in British racing green, million five.

Yeah, yeah.

That's about right.

Yeah, well, the green four twenty seven just went for three point three million.

Yeah, yeah, but you know what, they should be million dollar cars.

You know what we didn't talk about?

Did Matt, did you have to see what the two singers,

singer porches they had in Meekham went for?

I never even looked at them.

So much talk about the Ferraris and the muscle cars.

I never looked at what those two singers went for.

I didn't. I didn't look, but singers have been trading for about a million bucks.

Right. And that's what I was wondering with all the craziness.

I'm going to look it up here real quick.

Go ahead, Brad. Why don't you look it up real quick?

I'm going to look it up here. OK.

Real quick. I did.

Real quick.

The 1992 Porsche 911 Carrera Coupe turbo study by singer,

which was means it was their prototype.

It was twin turbocharged 3.8 with a flat six and a six speed turbo study.

One point seven six.

Yeah. Wow.

Then they had a 1990 Porsche 911 Carrera Coupe classic study by singer.

So another proto one point three seven five.

OK, then we had right next to a little high.

I think they were around one one.

Well, if you go back to this right here,

they have one coming up at at RM and that is coming up.

And it is a 1990 singer, Navato,

and it is estimated at nine fifty to one point two, which is about what they've

been going for. Yeah.

OK. Right next to that is the excuse me.

Mercedes Benz 300 SL roadster.

One point eight to two point two, which just pains me because

at Vision, we bought one and it was a lightweight car

and we paid eighty five thousand dollars for it and it got sold.

So wouldn't that be nice to still have?

And that's the actual one.

It's selling for one point eight million.

No, it's not the same.

It's not even a lightweight car.

The lightweight cars go for like three or four now.

It still has the gum that Brad stuck under the dash.

Yeah. Well, no, I put a vision sticker up under the dash.

Yeah. It's so.

All right.

Man, we we have really gone through a lot of money here on this show today.

And you know what?

I am on a mission to buy one of those dream cars.

An F40, a 930 Turbo, a 427 AC Cobra, something like that.

So why don't you guys go to BondspeedStreetwear.com and lay some bread down, man?

We just redid the website to make it easier to navigate.

Now you can navigate by racing, hot rod, muscle car, trucks.

It's much easier than going through 12 pages of, you know, a mixed match of stuff.

So go check it out at BondspeedStreetwear.com.

And while you're doing that, what should they be lifting up and drinking, Matt?

Well, we've got some Bravago hard

seltzer available for sale, drinkbravago.com.

That's right. And, Aaron, if if they were happening to want

some tattoos, where would they go?

What are you doing that as a side gig now?

You said find yourself a real artist.

Don't go to the one in the mall.

Yeah, I have nothing to offer.

Nothing to offer.

No, nothing. Now, come on, that's an understatement.

No, no, nothing to offer.

A short conversation.

You just said you're selling your mini.

So no, no way.

No, I mean, not your mini.

You're just in the Morgan hit me up.

Morgan, the Morgan 55 K which was which was featured in the I can't drive 55

video. It just got cut out.

It was on the chopping room floor.

And Aaron has iPhone footage of it being used in the video.

So.

I think the company was in transition.

See, man, you got to be creative in your marketing.

Go, yeah, my dad decided not to use it.

But here's the footage and it's just driving it down the street.

You know, just.

I'm having trouble using AI for anything.

I just feel everything's dishonest right now.

I've hit pause.

But thank you hit and pause.

All right, now we're just getting goofy now.

So we're going to call it a day.

I'm going to head off to Barrett Jackson.

I'll let you guys know what's going on over there.

Have fun next week.

We'll have a lot to talk about.

I'm going to try and sneak over to RM on Friday.

But I'm not guaranteeing I'm going to make it because it's a short trip for me.

So anyways, all right, everybody.

Hey, thanks for listening to Shift in Steer and we'll be back again next week.

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Florida Mecum Astounds, 250 Ferrari GTO Sells - Shift and Steer EP552

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