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End of an era for me.


Walter Moore

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Kind of odd that the buyback price was so high.  Seems like they might be trying to play the emotional angle and trying to squeeze a few dollars out of the deal.  It will probably go to a wrecking yard for $300, which is how I thought they set their buyback prices.  Or is there a company out there that buys wrecked classics and parts them out or rebuilds them?  There's $4500 worth of part-out there?

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3 minutes ago, Zed Head said:

Kind of odd that the buyback price was so high.  Seems like they might be trying to play the emotional angle and trying to squeeze a few dollars out of the deal.  It will probably go to a wrecking yard for $300, which is how I thought they set their buyback prices.  Or is there a company out there that buys wrecked classics and parts them out or rebuilds them?  There's $4500 worth of part-out there?

http://www.copart.com/  will get it most likely.

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6 minutes ago, Zed Head said:

Kind of odd that the buyback price was so high.  Seems like they might be trying to play the emotional angle and trying to squeeze a few dollars out of the deal.  It will probably go to a wrecking yard for $300, which is how I thought they set their buyback prices.  Or is there a company out there that buys wrecked classics and parts them out or rebuilds them?  There's $4500 worth of part-out there?

The car has already run on Copart in a sealed bid. I saw it the other day. Hagerty evidently used that to help establish value. I don't know if they pad those numbers or not. I also don't know if it will run again or whether they will offer it to the highest sealed bid. With the car having a reasonably high fair market value I would expect it to bring 30-40% of that so if the car is a $25k car then $6-8k is possible. It will probably bring $4,500 some one will take a shot at fixing it, I would...

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  • 2 months later...

Walters car showed back up at Copart after the sealed bid, then disappeared, then showed up again. It finally ran on Oct 4th. It was $4,100 in the prebid which was already too much for me. I didn't watch it run, but I wouldn't be surprised if it reached $4,500 for a sales price. It was a "Pure sale" car, so it sold for whatever the bid was - no reserve. I would have liked to have taken a shot at fixing it since I have pretty much everything I would need to do it, but it was not meant to be...

With buyers fees about 20% plus freight from Indiana to South Carolina it was too much for me. I hope someone fixes it, for that kind of money I think someone will. Keep an eye on Ebay and Craigslist, I bet in 3 or 4 months it will show up somewhere...

@Walter Moore

Walter,

       Did you watch the auction by chance to see what it went for?

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