1912 Oldsmobile fetches $3.3 million, sets record at auction
24.05.12
A 1912 Oldsmobile —believed to be the only one of its kind still in existence—fetched $3.3 million last weekend, spurring total sales of $38.3 million at an auction in Florida.
The vintage car, an Olds Limited five-passenger touring, is thought to be one-of-a-kind, as none of its now century-old contemporaries are known to have survived in that trim. It wears chassis No. 64626 and has won a class award at the Pebble Beach Concours d'Elegance .
The price sets a record for an Oldsmobile sold at an auction and roughly doubled the original estimates of $1.4 million to $1.6 million. Underscoring its rarity, the car has one-off coachwork.
The Olds ended up being the show stealer at the sale in Boca Raton, Fla., which was run by RM Auctions and Sotheby's. More than the usual stable of vintage cars, the event featured the sell-off of the private collection of Bob and Paul Milhous, and it included a wide array of musical instruments, clocks, firearms and an airplane. Case in point: The second-highest-selling item was a 1903 Ruth Style 38-B fair organ , a massive instrument that scored $1.265 million.
Open auction attendance doubles in the last 12 months
24.05.12
THE number of franchised dealers attending Manheim’s open auctions has doubled in the past 12 months.
The auction firm says franchised dealers are attending open auctions in their droves in an effort to source used cars for their customers.
However, dealers are having to adjust their normal ‘age’ and ‘mileage policies’ to justify attending auctions just to source stock.
Mike Pilkington, managing director, Manheim Remarketing said: ‘The increase in the numbers of franchised dealers attending Manheim’s open auctions has been evident since the beginning of 2010, but last year saw a significant jump in attendees.
‘It seems that franchised dealers may have realigned their age/mileage policies to justify attending open auctions in such numbers in an attempt to source stock to meet increased demand for used cars.
‘If the numbers of franchised dealers attending open auctions continues to grow at this rate then independent dealers will find they are facing more competition in the auction hall and online.’
policecarauctionsonline.info You're source for police car auctions online.
Does anyone know of any police car auctions/auctions in Los Angeles?
Apr 06, 2007 by Sports Guy 786 | Posted in Buying & Selling
My car broke down last week and I need/have to get something in a hurry, I heard police car auctions were something I should look into.
Also, If you have any tips on what I should look for and how to possible get the best deal. If you know of any other auctions that would greatly appreciate it. Thanks!
I was in a similar situation and I did some research trying to find seized cars. It turned out that I actually was able to buy a car from the Department of Energy. There are a ton a federal auctions all over the country. According to federalgovernmentsales.com, there are over 15 different government departments that have auctions regularly.
I hope this helps.
NateB | Apr 12, 2007
sometimes they are a good deal, you never really know the full condition of the car till after you bought it though, so it has to be a risk your willing to take. I'm also in the LA area but I don't know where they hold the auctions, try asking your local towin yard.
my2001zx2 | Apr 06, 2007
If you need a car fast buy a police car from the police department in San Pedro there usually around 1200 and have from 60,00 to 100,00 miles on then, I have a friend who have bought them and has had good luck with them. Auction car are not good unless your a mechanic because you can't road test them, you might get a good one or you might get one needing a transmission or something else,Its a chance to take. Good Luck and GOD Bless
FIAT Guy | Apr 06, 2007
Hi
You can find thousands of different auction and repo cars really cheap in LA at http://www.carauctions.co.nr
Hope this helps
John N | Apr 06, 2007
Yes,,Not only in Los Angeles but also in all USA ,Goverment and Police auto auction can save you a lot of money...I bouht a near new SUV from online police auction 2 months ago.It only cost me $730.
For sure there are a couple of scams.I followed the guide on
http://www.usedcarsinfo.info/index.php?t =auction That site listed top 5 Police auction sites and help you choose the best one.
Hope that help you.
Robot | Apr 13, 2007
Does anyone know if there are any police car auctions in nyc?
Dec 15, 2008 by carter | Posted in Buying & Selling
My parents gave my car away today cuz the transmission was dying. Is there anywhere that I can get a car for low price, i know the economy sucks right now but i still cant afford the "low" prices of cars. i m looking for a used car preferably a Volkswagen jetta. cuz i love jettas and i had a jetta until a few hours today.
You can go to
http://www.used-cars-information.com/
90% off Retail Value.
Good luck!
Hello | Dec 18, 2008
d
Www W | Dec 15, 2008
Yea, somewhere near Pier 51 where all the impounded cars are stored. If they are not picked up within a certain amount of time the cars are auctioned off.
indianguy | Dec 15, 2008
Try calling the police department to see when their next auction is. You can also use one of those car auction sites if you want more than just one auction location.
CarmelKM | Dec 18, 2008
police car auctions in southern california?
May 09, 2009 by puresportbmx | Posted in Buying & Selling
ok so i need a car im 16 and i only have like 3,800 but i want a decent car and i have heard that at police auctions and impound lots the cars can be extremely cheap like a nice bmw for 1,000 is this true? where are these auction held or where are these impound lots at? preferably something within the san fernando valley but any info u have within southern california is very appreciated
This is true. It is in every state that cops steal cars.
I think you could Google "impound lots in california" and find something.
Jeff grass | May 09, 2009
Almost every city, county, and state (and federal law enforcement agencies) have seized-property auctions regularly. They are usually announced, by law, in a local newspaper once a month, or once a quarter. You would have to find out which paper and on what schedule. Here's more about it:
http://www.leaseguide.com/Articles/polic eimpound.htm
.
peterthegreat | May 09, 2009
where can i find police seized car auctions? int the uk?
May 26, 2009 by Fonzy B | Posted in Buying & Selling
Basically im looking to buy my first car and i dont really have that much money for it, i dont want to know anything else other than the following, and if you mention anything else you wont get the best chosen answer : i want to know: where can i find police auctions for seized cars in the uk.
Try googling Poice Car Auctions.
Sparky | May 26, 2009
Police Car Auctions in Orange County or LA County?
May 21, 2008 by maniax342002 | Posted in Buying & Selling
Hi guys,
where can i get more information about bidding on cars that police auction off? Plus any suggestions of the positives and negatives when doing this?
thanks
Police auctions do not require dealers permit as they are open and announced in local paper before. It is Buyer beware at these. At regular auctions you get to inspect, drive and have carfax to make descion. You will have to check your state for their requirements for permit to be a dealer. Here in Fl. itis 300.00 a year and is a state permit therefore no felonies on record.. I do not know what initial cost is. i wish everyone could go just to see that we pay what we do for used cars and why the KBB or black book prices car as they do. It is an average auction price. All cars are in fair condition as they will all need service and pass state inspections and safety laws. No car is exempt so all will need work to get to good condition which is when it can be sold at Dealer. I am talking about honest Dealers not the few who give rest bad name like any Buchanon enterprise store. You know the congressman who bought his way in as he lost on votes and18000 votes between him and opponent were lost. in county where he is from where he got 22% of votes only and rest came up missing.
Fifteen Crown Vics retired from state-police service were snapped up at a state surplus-property auction last month for winning bids that ranged from $1000 and more »
Newark Police said Bradley Hooks of the 100 block of Locust Drive is responsible for the 3:45 am burglary at Pot of Gold Web Auctions at 423 New London Road and more »
VEHICLE THEFT A 2007 Infinity QX56 was stolen between June 1 and 8 from a lot at Manheim Auto Auction, 20401 Cox Ave. WALLET STOLEN A wallet containing $500 Police blotter 7/1Police blotter 7/1all 3 news articles »
On Thursday, Schweitzer looked over four-wheel-drive trucks from the Department of Livestock, old police cars, along with dozens and dozens of passenger and more »
THE number of franchised dealers attending Manheim’s open auctions has doubled in the past 12 months.
