Is anyone else watching the show on the History Channel about the big car auction in Pierce Nebraska.
I am Now
When did the auction actually happen??
Watching,Auctioneer has no song! Bud.
While it's great that Mr. Lambrecht kept the cars he forgot how to preserve them. At least the 400 or so cars he parked in a dirt field. I was looking at the proxibid website which lists many of the cars and they are in poor condition some only had a mile or two on them. I only saw a 70 Chevy Impala 4dr that looked to be in very good shape.
I think the sparks will fly when they auction off the cars that were left inside the showroom. Those appear to be good shape.
Richard: Auction today and tomorrow. Prices are nuts.
Wonder where the History Channel found that one guy. He don't know much about old cars or auctions.
Myself i think i would much rather listen to the auction than the history chanel!Bud.
Collector car prices are going through the roof as people with big assets lose confidence in the stock market. That being said I believe the prices paid for the cars shown on TV were about double or in some cases triple what the cars would typically sell for.
True, Royce, the bull market has lasted longer than anybody expected, and has about run out of steam, except for a few like Tesla (TSLA). It was $25 a year ago, and now $190 and climbing. Tesla paid off its $478 Million govt "Obama loser loan", plus $20 Million interest - ten years early.
The housing market is hot again, too. A 15 year old McMansion a few doors down just sold for $1.19 Million - cash.
But these cars are just old Chebbies that have been left to rot. Smart money won't buy those.
Does anyone know when they are going to televise the rest of the auction?
you can watch the auction live from the van der brink website
Here is a link the to the live stream for the 29th
From what I'd read, the 400 to 500 cars left outside is just the tip of the iceberg. He also owned lots of storage facilities where many cars were stored. The ones stored inside, while dusty and neglected are in much better shape.
There is 496 cars total, according to the show on History Channel last night. Saturday
Five grand for that rusty old truck they just sold? Wow! That's too spendy a crowd for me.
I think I will stick with the stock market.
This link had been posted previously on here.
Possibly that is only the number of cars that were to be auctioned. Mr. Lambrecht supposedly would not sell a used car so any previous years inventory would be put into storage and only new models on display/for sale. This was to be his and his wife's "retirement plan" but thieves got 100 radiators and were taking hard to come by stainless trim so he decided to liquidate all the outside vehicles as well as most of his inventory stored indoors.
This link was posted here back in July. Possibly the count of 496 cars were only what they were auctioning off, not his total collection.
From what I'd read, Mr. Lambrecht would not sell a used car so any unsold inventory would be put into storage and only the new models in the showroom/for sale. His collection was intended to be his and his wife's "retirement" but after the theft of a hundred radiators and yards of hard to come by stainless trim he decided to let some of it go.