Well, it may be academic now as I don't see it listed anymore - someone may have bought it. I think the auction wholesale value estimate was about $47,500 (which didn't factor in the theft recovery on the Carfax), and they had it listed separately with a "Buy It Now" price of $43,900. It didn't sell at the Simulcast auction on Friday. I didn't get a chance to watch it go through, so don't know if it had any bids, but was listed as a "No Sale" after the auction. Had I been able to watch the Simulcast, I was willing to go up to $40,000 if it went for that.Dr_Strangelove (whew!) wrote: ↑Mon Oct 23, 2023 12:59 pm Dunno if I'm late to this party but I have a big question which is what is the price. I scanned your post a few times to just see if it was buried somewhere but I only see you mention "if I have to pay market price I'll pass" - in which case I agree with you.
If you get even $5,000 - 7,000 off then heck yeah man all day go for it. If it was sold CPO then it should have keys and all that jazz that match. It was a theft recovery so even if it was joyridden a little bit - it wasn't wrecked and probably not driven much harder than the original owner drove it
The problem is that even at a bid price of $40,000, by the time you add in the auction fees, transportation costs from the Las Vegas auction, fixing the inevitable things that pop up, pay the interest on the line of credit for the 6 weeks or so I'd have it before selling, you're looking at an asking price of $49,000 to get a sale price of maybe $48,000, which is the least amount that it makes sense to take the risk on it. And I don't know what the market is for a 6 year old car with a theft recovery on the Carfax bought from basically a private individual out of his garage, but $48,000 would seem to be at the high end of it.
