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#4
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It was an interesting weekend there. Haven't seen that much late model iron outside of a car dealership before. Some statistics;
Total cars entered : 279 total cars sold: 143 total unsold: 136 That's an excellent sale rate, anytime you get over 50% in the auction world you're laughing. Lets go further. % of cars sold that were 1974 or earlier: 62 Wow, big change! There were many golden oldies but most stuck to their guns and did not lower or remove reserves. With the high bids I saw I clearly sympathize. I liked that black 70 440 six pack Challenger but I knew from talking to the people unloading the car it was for display only. The reserve was just too high. Sure enough action stalled at $150,000. It was a good place to pick up a late model Benz or BMW. |
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