Arizona Republic from Phoenix, Arizona • Page 65

ALL EDITIONS SUNDAY, JANUARY 1 1, 1987 THE ARIZONA REPUBLIC E3 Driven CAR PHONES Guaranteed Lowest Prices On Most Models THE CAR PHONE CO. I' 945-7572 SAGUAR0 COMPUTING Turbo XT-640 640 KM memory 2-360 KB floppy drivel 4.778 MegoHerll Monochrome monitor Keyboore) Parallel port DOS 3.2 948 Open Weekend! 32nd St.Greenwoy 482-7464 "They've lost their pizazz," Barrett said of most of today's cars. "They just change the chrome." 1 Added Jackson, "The body styles are terrible. All the cars they're making today are little boxes, ugly. There's hardly anything today that will ever live to be anything." In contrast, the old cars they and other collectors own have never looked better, been more desirable, or cost more.

"I'm 58," Barrett said. "Maybe when I'm 65, I'd like to settle down and look back and pick out 10 of the greatest cars I ever had and go back and get them. "But you know, so many things are happening, and the years are going by so quick, before you know it, you're on your rocking chair and it's all over with." Maybe, but the betting is that Barrett and Jackson have a lot of miles left on those two chassis. by phone from a house filled with collectibles, including a huge Gat-ling gun, and several overgrown dogs. "I do a quiet 12 to 15 million dollars a year," he said.

"They're (classic cars are) the greatest investment, because the whole family can participate in it: the wife, the father, the children, the grandfather, the grandmother. Everybody loves a car, I don't care who you are. If you don't love cars, there's got to be something wrong you." In recent years, investors have seen their cars escalate in worth by 20 percent a year and as much as 40 percent, Barrett said. The most valuable cars are those deemed the most elegant and desirable models of a particular year, he said, suggesting that little has been built in the last 10 years that will ever be worth much. the auction will go for around $500,000.

Other cars probably will sell for $5,000 to $900,000, Russ Jackson said. "The auction helps set the tone and prices for the coming year. What's hot or what isn't hot," he said, suggesting that classic foreign makes like Delahaye, Mercedes and Peugeot will be sought-after in 1987. Jackson got started in the classic-car business by chance in 1957, when he was driving home from a vacation and thought he saw an old LaSalle in a junkyard. "So I wheeled around and drove back, and it was a '34 Cadillac, a V-12 Opera Coupe the only one I'd ever seen.

I bought it for $365, and it drove great," Jackson said. "You got a U-Haul and trailer with it, didn't you?" Barrett interjected with a smile. Jackson quickly set his partner straight, but their spending habits have led the pair to jokingly refer to themselves as Mr. Tight (Jackson) and Mr. Loose (Barrett).

"Did you ever buy a car from me?" Barrett asked Jackson. "I don't think so." "I was always afraid of you," Jackson said, laughing. The pair met in 1959, when Jackson inquired about a 1932 Cadillac Towncar that, as a plaque affixed to it proclaimed, had been specially built for Joan Crawford by General Motors. "He (Russ) used to come over and kick the tires, but it's hard to get any money out of him," Barrett said. Actually, both men are accustomed to dealing in six or seven figures for cars, and their views are widely sought on the value of cars once owned by presidents, kings, dictators and tycoons.

Barrett, who has 35 of his own cars up for sale in the auction, has garages on his estate filled with vintage Rolls-Royces, Hispano-Sui-zas, Maseratis, Ferraris, Stutzes, Mercers and Mercedes-Benzes, among other high-price, high-performance cars. Although he gets attached to the cars, which enthusiasts view as works of art, Barrett likens their sale and purchase to "musical cars." "They go. I don't see them. I get them back," he said. "They go.

I don't see them. I get them back again. "I'll have the same car as many as 10 times over 40 years. I've got one Duesenberg I had seven times. I started out selling it for $2,500.

The last time I sold it, it brought $450,000, and it's gone up since then." Barrett does most of his business We Make Leasing Simple Cavatfino Classics Auto Leasing Sales 991-5322 All Makes Models Cars Trucks Alex Grey Res. 860-6593 JUMBO LOANS Call For 30 Yr. ARM Qualifying APR 7.25 7 filjSIW I I ftTfipTj-M ggggAfr fflljPPL AMERICAN MJT eagle (mf-sl Wl and Silver I jlCTA 85016 263-5166 Continued from El About an hour after he arrived in town, he said, he bumped into Russ Jackson a classic-car dealer who had just arrived from Michigan in a 1934 Cadillac V-12 Opera Coupe. It was a match-up of wits and knowledge that eventually led to the establishment in 1972 of the annual Barrett-Jackson Show and Auction in Phoenix. The auction, which draws bidders and cars from around the world, has grown to become what organizers claim is the world's largest sale of classic and antique cars.

The auction, expanded from three days to four this year to accommodate the sale of as many as 1,000 cars, will be held Jan. 15-18 under huge tents at Phoenix Municipal Stadium, 5999 E. Van Buren. "We're hoping for a $20 million sale this year, up from $14.8 million last year," Barrett said, predicting 3,000 bidders and 7,000 spectators will turn out for the show. "It's a great thing for the community.

It brings in literally millions and millions of dollars. They don't just come in and buy cars. They buy clothing, furs, jew-' elry, even houses and land." Carol Bartholomeaux, a spokeswoman for the auction, said the auction pumps several million dollars into the local economy. Jackson, 71, and his wife, Nellie, who own Classic Carriage House, 5552 E. Washington, Phoenix, have spent the past 18 months restoring one of the premier cars for sale at the auction, a 1948 Delahaye Fa-goni Falaschi.

The one-of-a-kind car captured top honors at the 1948 Paris Auto Show and was originally owned by a Col. Irving Fogel, owner of the then-upbeat Tempo Records. The car, which the Jacksons bought in Switzerland, was restored for about $150,000 by their 41-year-old son Brian, a partner in the auction. Among the expenses incurred in bringing the treasured auto back to life: $10,000 for chrome and $1,500 for anteater-skin inserts in the seats. "It's wild," Nellie Jackson said, describing the sleek black car with bright red interior.

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