aczlan
Good Morning!
That's how people end up paying new list prices for half worn out junk...Good to hear you stuck with your plan.
Sometimes the 'fever' sets in and you just...forget all the rulesThat's how an auction works.
Aaron Z
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Aaron Z
Do we really believe the email about the wholesalers paying that kind of money for them if not sold at auction? Some of those starting bids seemed ridiculous vs how trashed the trucks were. What the hell are these wholesalers doing with them that would turn a single cent in profit to make it worth their time???
This!!!! I don’t buy it. That blue xtra cab short bed I confirmed has a blown engine. It’s minimum bid was $8000 with 180k on the odo. I don’t understand how anyone that makes money selling vehicles is going to make money on that one. They’re going to have 15K in a truck worth 15K.
I'm glad I'm not the only one who thought it was bullshit.
Will Scarlet
The universe is vast...
- Joined
- May 20, 2020
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- 766
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In the end I believe this is an excellent outcome. No you didn't get one of the trucks, but the more important part is you didn't wind up with a truck that wasn't worth the money they were asking for it.
Sorry if bringing this BTT is annoying but I got a relevant update. One of the trucks I had picked out because I thought it would be an easier flip since it wasn’t white. 2014 181k miles on it, confirmed it had a bad engine. Ran, low oil pressure, serious knock. Well it showed up on a car lot for sale. I swung in today to ask the price and got to check out what they did to repair it. They are asking $21,000 for it.
Bald tires. Replaced the whole front seat set with used but it’s the right color and cleaned up the interior nice. They stuck a used engine in it possibly from one of the other trucks I had my eye on. Pulled the steps and the chain hangers off of it. It’s way obviously a beat up oilfield truck. $21K ??? Seriously? It hasn’t sold for that yet but my heads going to explode if I see it disappear off the lot. First pics are the new pics, second is quoting my own post from page 1.
Bald tires. Replaced the whole front seat set with used but it’s the right color and cleaned up the interior nice. They stuck a used engine in it possibly from one of the other trucks I had my eye on. Pulled the steps and the chain hangers off of it. It’s way obviously a beat up oilfield truck. $21K ??? Seriously? It hasn’t sold for that yet but my heads going to explode if I see it disappear off the lot. First pics are the new pics, second is quoting my own post from page 1.
Got my eye on a couple selections. First two. Wrecked one with lower miles and supposedly a good engine 2011 Totaled but interior is pretty decent (except where some dildo obviously swapped some old junky trim pieces for the nice ones). 2014 extra cab short bed with a blown up engine.
Projectjunkie
Whatever
Thanks for bringing it up, I love market updates
That's not much profit if they paid 8k, plus fees and stuff, do you know what the winning bid was? Or if it even sold thru that platform?
That's not much profit if they paid 8k, plus fees and stuff, do you know what the winning bid was? Or if it even sold thru that platform?
Winning bid $8,000, Fees were only 100 each so $8100 for the blue truck. Can’t be sure where they sourced an engine and the front seat. Seat for sure did not come from any truck on that batch auction. I’d still be pretty confident in them having at least 15K in it as it sits.
Projectjunkie
Whatever
I just now caught the post about "missing keys" and such closer to the end, I'd love to hear more about that.
Inside dealing?
Fresh outta high school I was hitting the salvage auctions, and found a cream puff donated rwd Toyota Celica parked in the way back with the burned travel trailers and junk, no keys. I disassembled the column and fired it right up, purred like a kitten, dealer mats, battery, coolant, the whole nine yards.
Silent auction, 250 slots in the office, you put your bid in the corresponding slot.
Somebody won that car for less money, my bid was "lost "
I don't hold much faith in people running auctions....
It's also kinda shitty that they've got all these rules about you can only buy 2 trucks, cause we're doing you a favor letting you bid on these great deals, when they've already let a wholesaler set the opening bid, fuck them
Edit: its been 6 months, that blown up 6.2 could have been patched up by now, versus buying a salvage engine
Inside dealing?
Fresh outta high school I was hitting the salvage auctions, and found a cream puff donated rwd Toyota Celica parked in the way back with the burned travel trailers and junk, no keys. I disassembled the column and fired it right up, purred like a kitten, dealer mats, battery, coolant, the whole nine yards.
Silent auction, 250 slots in the office, you put your bid in the corresponding slot.
Somebody won that car for less money, my bid was "lost "
I don't hold much faith in people running auctions....
It's also kinda shitty that they've got all these rules about you can only buy 2 trucks, cause we're doing you a favor letting you bid on these great deals, when they've already let a wholesaler set the opening bid, fuck them
Edit: its been 6 months, that blown up 6.2 could have been patched up by now, versus buying a salvage engine
There has to be some insider stuff going going on. So these trucks are stored inside of locked gated yard, that’s inside of a locked gated compound. There’s two levels of ID card check in security you have to go through to get to the holding lot. As an employee I have a key card that checks me in and out and logs the time I go through any door or gate. First time I went to look at the trucks, the keys to every truck were inside the gas door and all the trucks were unlocked.
The day before the auction I went to check on my selections and just as I suspected in the month between looking at stuff, some obvious fuckery had been going on. The blue truck, the doors were locked and the keys were gone. The wrecked truck I had in mind to pair with it was the lowest mileage truck because it got wrecked before it got wore out. Someone had removed clean nice interior parts and put them in a worn out truck, putting the worn out junk back in that one. The truck I wanted most and assumed anyone else would want the least because it had 191K miles on it, someone pulled a fuse from the fuse box so it would crank but not start. Some trucks that had 4 matching wheels and tires in the beginning were all the sudden sitting there with mismatched wheels and flat tires. One truck the stereo and ECM both disappeared.
Only employees can get in there to do that, on camera no less. So that blue truck with the missing keys is sitting on a lot for sale right now with the keys. There are two office gals in charge of the fleet and I’m thinking one or both of them have family with shitty used car lots and are making sure that the good transactions work out. Out of the whole lot of them I think only 1 truck was sold to an employee who bid higher than I did. That said, when this comes up again next time I’m going to try again with a different strategy.
TRINDU
PBB Orphan
People get shitty at auctions. I just bought a truck that had the keys banded to the column. I guess the meskins I outbid got angry, cut the band, and stole the keys day of auction.
Its company/business policy that all vehicles get sold with keys. So the auction house cut and programmed a new key for me. Not really sure what they accomplished.
Its company/business policy that all vehicles get sold with keys. So the auction house cut and programmed a new key for me. Not really sure what they accomplished.
Projectjunkie
Whatever
Sounds pretty plausible
I'm curious what your new strategy will be. A younger me would blow it up and tell the bigwigs that there was fuckery afoot, maybe get the office girl fired, ruin the whole auction thing for everybody, and get a target on my back for "unrelated" reasons. Nowadays I think I'd figure out who the shitbag is, and tell them I need in.
I'm curious what your new strategy will be. A younger me would blow it up and tell the bigwigs that there was fuckery afoot, maybe get the office girl fired, ruin the whole auction thing for everybody, and get a target on my back for "unrelated" reasons. Nowadays I think I'd figure out who the shitbag is, and tell them I need in.
Since 1000 people have unbridled access to the lot for a month before D day, I think I’ll just wait till the last day before I go look at anything. So as not to get up any unrealistic expectations. Everything will be different on the last day from the first so no sense in wasting the first.
If the market is still full retard next time around maybe I’ll go a little more aggressive. Try to figure out more correctly what no one would want and go for those. Most trucks didn’t get a single bid aside from the dealers who set the base. Try to get some other guys to make some extra bids for me since they weren’t interested in them on their own. If I can figure out who the mole is I would throw them under the bus.
I’ve had the opportunity to do this before and took advantage, much to my benefit. Then later some Karen ruined it for all of us trying to swipe trucks out from under others. Corporate decided if we were going to fight about it, it would be best to just deny everyone the privilege.
YotaAtieToo
Thick skull
You have to realize that lot will have a far easier time selling that truck for $21k than you would. Biggest reason is financing. Even small shit lots will usually do "good faith" payments. Plus there is also a lot of idiots that trust car lots more than private sellers. Many that don't even shop private sellers.
Yeah this is a BHPH “bring your W2 leave with a car” lot. My cutoff on it was 15K for private sale.
ParadisePWoffrd
Recovering Project Junkie
If they spent some money to put some cheap 20" wheels and tires on it, i bet they easily get 21k or more. Atleast around here they would.
It’s time again. Another batch of clunkers I’ve been watching for a month. Same plan as last year. I know what I can make work so I’ve got my max bids and if I don’t get them I’ll probably be better off.
Projectjunkie
Whatever
I know you didn't want to visit until the last day, but I'm thinking you should visit twice, day one, see what has keys, what runs, take pics of interior and wheels and under hood
Make a simple worksheet, take the same 6 pics of each truck
Then visit on the last day and see what's what, run your worksheet again, same 6 pics.
It would suck to be bidding "truck don't start" price on the last day, when on day 1 you could hear it run....
The other part of this, of course, is having your ducks in a row to expose the fuckery
Make a simple worksheet, take the same 6 pics of each truck
Then visit on the last day and see what's what, run your worksheet again, same 6 pics.
It would suck to be bidding "truck don't start" price on the last day, when on day 1 you could hear it run....
The other part of this, of course, is having your ducks in a row to expose the fuckery
That’s pretty much exactly what I did minus the spread sheet. Today was the 4th visit checking stuff out. Because of the Covid madness there isn’t much treasure to be found. My expectations were pretty low this time but the dollar’s are a lot more realistic
CarterKraft
Red Skull Member
Bid in odd numbers is all I got.
$3003 won me a 570 Ranger and the guy that bid $3k wouldn't talk to me for 2 years cause he thought I cheated.
Edit: day late and a dollar short it seems.
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The OP was from last year but I’m bidding tomorrow 3/31 on a couple. There is already a bidding war on one 15 bids and current bid is $1,801 🤣
Gbkeith
El Western Motel
What’s wrong with the 2013 F350?
aczlan
Good Morning!
I used to do that on fleabay, would bid $xx.79 for stuff.
Helped a few times.
Aaron Z
The one for $500? It’s pretty parted out. It’s a 6.7 powerstroke cab and chassis. The transmission and transfer case are completely gone, the engine is partially disassembled. It’s one I’m bidding on just because it’s so cheap. All I want is the axles and scrap the rest.
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Laughing at this one. The propane trucks have always been the red headed step children of the lot. Honestly I don’t know why we have propane fueled work trucks but they’re usually in the best shape. The two trucks getting the most attention right now are propane only units.
CarterKraft
Red Skull Member
I don't think I'd be scared of a pane truck, easy to convert back right?Laughing at this one. The propane trucks have always been the red headed step children of the lot. Honestly I don’t know why we have propane fueled work trucks but they’re usually in the best shape. The two trucks getting the most attention right now are propane only units.
Should be super easy. If I were doing that I’d buy two. The good pane truck and the gasoline one next to it with a hole in the block to get the fuel tank and lines out of. I considered that thought but everyone is battling over them so I’m out. All the half tons have bids on them even though they’re all useless IMO.