Ron Pratte collection-being sold
 

Did you guys see where Ron Pratte is selling his entire car collection?? It was a Yahoo headline story earlier today,auction is something like Jan 2015 at BJ... I don't know if he was much into Pontiac's,but he was always one of the 2-3 guys who bid 60's-70's era muscle cars to the stratosphere.With a buyer like him exiting, what does that say for the prices?? Simple supply and demand.When a major portion of demand exits,regardless of limited supply, prices drop.. I bet that guy alone is responsible for at least 10%,maybe more of the $ volume of purchases of 6 figure + muscle cars over the past few years.. This will be interesting to see. I also saw a headline that Jay Leno is selling his collection?? can't find the Leno story again,just saw a headline.. but if that is also true, could really bode bad for values across the board..any thoughts??

i wonder why. he probably has the best collection of all the Heavy Hitters....

They get bored, why does anybody sell a car.

Like Wayne says - it's all about the chase!

http://www.carbuzz.com/news/2012/4/1...heikh-7708127/

This is what I found about Jay.

Perhaps some new legislation requiring large taxation for the sale/transfer of collector vehicles is on the way?

If Jay Leno got >1 billion for 80 cars and 80 motorcycles,that is like an average of 6-7 million per car.. think I would have hit that bid as well. but sad to read so many cool American cars will end up going overseas.. yea.. foreign country's are thriving while the US is collapsing,foreigners have been buying our companies left and right,now they are buying our history.. :(

In regards to Leno's collection, notice the date of that article; it was April 1. April Fools Day. And nothing else has been heard or said to confirm it? I would say it was a 'side ways' April Fools joke. A quick check of the Jay Leno Garage website shows no mention of a sale of any sorts.

No idea of why Ron Pratte may be selling at this point. The only winner I can see is Barrett-Jackson. Ron stands to lose a LOT of money on some of the high dollar stuff he bought. Are his cars going to have a reserve or not? If not he's definitely going to go in the hole big time. Maybe he just needs a big tax write off and wants to start over. It could depress the entire market if some of his more main stream cars, (high dollar cars to us) don't bring good money.

But it's guaranteed on some of the stuff he paid millions of dollars each for in the mid 2000's he's going to take a big hit.

Not only is the date of that article about Jay & his collection over two years old, there is a disclaimer at the bottom. It's a total fake-a-roo.

From Fox

Thanks for the Jay Leno clarification, guys. I just saw it quick and posted it. Would hate to see him sell his stuff that way.

Did they say how many cars Ron has?