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  #61  
Old November 6th, 2013, 09:14 AM
MonLand
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hum... So that's that pre-bid deal then? Just for them to pre-select a few serious bidder?

BTW, auction ends in a little over one hour and current pre-bid is $9,525.
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  #62  
Old November 6th, 2013, 10:15 AM
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Quote:
Originally Posted by MonLand View Post
hum... So that's that pre-bid deal then? Just for them to pre-select a few serious bidder?

BTW, auction ends in a little over one hour and current pre-bid is $9,525.
Pre bidding is sometimes used to judge interest in where to begin the actual bidding- pre bidding should not be confused with the actual bidding that determines the sale of the vehicle. Also, if the actual bidding does not reach the seller's reserve price (auctioneer usually will note this by telling the high bidder he will have to call the seller) then the seller can use the pre bidding to lower his reserve price before the vehicle is auctioned again. Some vehicles that do not reach reserve on the first run through, will be show back up in the run sheet for next week's sale, and sometimes listed with an "I buy fast" option, giving you the option to skip the auction and buy the vehicle at a set price set by the seller. Sometimes this will give you an idea of the seller's reserve price, which otherwise is not information that is available to buyers.

Im on a local sale now but will be watching the 110... might even be a bidder but I suspect the seller has some idea what to expect for it so it wont go cheap. FYI The pre bidding ends at 10:30 EST and the actual sale begins an hour later- but they are running 437 vehicles today so it will be later this afternoon before they call for the bid on this one.
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  #63  
Old November 6th, 2013, 10:19 AM
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funny Joel...I contacted the insurance company - my buddy in CO who is in insurance helped me...they know EXACTLY what they have - my hopes of getting an easy NAS restore went bye bye after talking to them.
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  #64  
Old November 6th, 2013, 10:27 AM
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We should just start a pool guessing the final sales price ;-)
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  #65  
Old November 6th, 2013, 10:28 AM
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Originally Posted by Jonesy View Post
funny Joel...I contacted the insurance company - my buddy in CO who is in insurance helped me...they know EXACTLY what they have - my hopes of getting an easy NAS restore went bye bye after talking to them.
Yeah, my experience has been when you see the ACV number and the Est. Repair Cost number are the same... they know what they have and what they want for it.
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  #66  
Old November 6th, 2013, 10:46 AM
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We should just start a pool guessing the final sales price ;-)
Mine would be $19K
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  #67  
Old November 6th, 2013, 10:48 AM
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26k but what do I know, someone is gonna spend way more then it's worthh
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  #68  
Old November 6th, 2013, 11:40 AM
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  #69  
Old November 6th, 2013, 12:00 PM
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No sale.
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  #70  
Old November 6th, 2013, 12:11 PM
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  #71  
Old November 6th, 2013, 12:16 PM
MonLand
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I'd spend 13k on it (including the 1.5-2k for the transport and bidding agent).
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  #72  
Old November 6th, 2013, 12:22 PM
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  #73  
Old November 6th, 2013, 12:26 PM
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My bet is it will go for north of 30 or no sale.
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  #74  
Old November 6th, 2013, 12:35 PM
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I guess the selling price will be dependent upon how certain the potential purchaser is that the vehicle can actually be registered/titled as the NAS 110 that it is/was going forward.
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  #75  
Old November 6th, 2013, 12:48 PM
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After all this talk of it never, ever in a million years will it ever be able to legally be titled again - ever, how can an insurance company "know" what it has when it is only a collection of corroding parts loosely held together with corroding fasteners? Or is said insurance company baseing it's value on the future purjery and illegal activity of the prospective buyer? I'm confused.
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  #76  
Old November 6th, 2013, 01:15 PM
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The insurance company "knows" what it needs to get in order for the sale for the sale of the 110 to mesh with their standard statistical math. As I recall, the 110 I'm posting in the link below sold in Washington State back in May on a "parts only" bill of sale for somewhere around $9,000.

http://www.easyexport.us/vehicle-fin...-north-seattle

And it was a total burn with hardly any usable parts, and it will never get a title either.

As the saying goes, "there's a sucker born every minute", and the insurance company is just a very large corporate version of a "used car salesman".
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  #77  
Old November 6th, 2013, 01:19 PM
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Quote:
Originally Posted by Willh View Post
The insurance company "knows" what it needs to get in order for the sale for the sale of the 110 to mesh with their standard statistical math. As I recall, the 110 I'm posting in the link below sold in Washington State back in May on a "parts only" bill of sale for somewhere around $9,000.

http://www.easyexport.us/vehicle-fin...-north-seattle

And it was a total burn with hardly any usable parts, and it will never get a title either.

As the saying goes, "there's a sucker born every minute", and the insurance company is just a very large corporate version of a "used cars salesman".
A NYC Boost Club member bought that truck.
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  #78  
Old November 6th, 2013, 01:22 PM
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Originally Posted by rijosho View Post
A NYC Boost Club member bought that truck.
Yes, and I understand through the grapevine that the project is for sale.....with NO TITLE.
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  #79  
Old November 6th, 2013, 01:23 PM
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Quote:
Originally Posted by Willh View Post
The insurance company "knows" what it needs to get in order for the sale for the sale of the 110 to mesh with their standard statistical math. As I recall, the 110 I'm posting in the link below sold in Washington State back in May on a "parts only" bill of sale for somewhere around $9,000.

http://www.easyexport.us/vehicle-fin...-north-seattle

And it was a total burn with hardly any usable parts, and it will never get a title either.

As the saying goes, "there's a sucker born every minute", and the insurance company is just a very large corporate version of a "used car salesman".
Interesting. Appears very little burn in that engine compartment. What did said NYC Boost Club member find?
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  #80  
Old November 6th, 2013, 01:34 PM
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Just to spice the debate back up can I get your feeling on this Will?

What if you bought it, used the parts to build a new truck, new frame and just use what you can from this, source the rest elsewhere. Couldn't you then register the vehicle as a "Kit Car" or "Homebuilt" vehicle? That would be totally legal and on the level would it not? It would no longer carry this VIN, but you could have a nice 110 that you know was formerly #271.

It could be resold legally, the buyer would just have to understand what the title was and that the vehicle is essentially a home-built recreation of what once was #271.
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