So I head to my local friendly car auction and find this 72 GS455 convertible . https://www.copart.com/lot/48434188 I do a quick check and see it was recently just sold for $30,000 at Barret Jackson https://www.barrett-jackson.com/Events/Event/Details/1972-BUICK-GS455-CONVERTIBLE-209349 I bid it up to about 18,300 figuring its worth that. Goes for $18,400 reserve not met. But I still dont understand why the car is at this sale no one at the auction knows anything about the car .As I pay for another car I ask about the buick and the secretary mentions its the 2nd time its been sold at the sale .SO I ask for the old stock # and Kaboom https://www.copart.com/lot/19742456/ Now I remember chatting with the owner/friend of this car and him mentioning how he was just cruising down the highway when smoke started billowing out of her.
I think you should have bid up to about $1,830.oo That car is toast. What a shame. Was the car not present at the auction?
So did the buyer at BJ who paid $30k find out it was burnt toast? How did it go from him to Copart a second time? Did that buyer take the loss, or did the auction house? I guess if Copart doesn’t know then you don’t either. Patrick
Due diligence I guess... who ever re-did the car after the fire sure did a good job. That was a a ton of work. If you didnt know, what gave away the burn job? I think COPART can probably liquidate a vehicle that had a salvage title, replaced with a regular road ready title. ws
IM thinking BJ brought the car back or there insurance paid out the car was never driven as miles are exactly when sold or speedo was inop. And I bet it was rebodied not fixed after the fire .There was no evidence of fire damage on this car . Im sure the damage history wasn't known or disclosed by BJ. Heres the full vin for future reference 4G67U2H124149 A dealer in Rhode Island brought it from Copart and Im sure it will be on the market soon. Heres another fire job that may be crossing the block of your favorite TV auction show https://www.copart.com/lot/45116008
So it burned, went to Copart, got bought and repaired or rebodied, and sold at auction, then the auction buyer discovered its past and returned it, and it went to copart again, this time nice but with tainted history? If it’s a rebody and that’s why it was returned, is it even legal? Patrick
Looks like they did a nice job putting it back together. You just have to get it for the right price. Id drive the wheels off it
This is funny - this example has 82,664 original miles (mileage not indicated on ownership document)........
Thought it looked Familiar! Texas, 10 Year limit on Odo, after, becomes "Exempt" on miles. Wouldn't even let me put miles on Odo statement when I tried to do so transferring my 89 Mustang 14 years, 51K at the time, (2003) now @ 70K. I Doubt, Dan would want it back (owner when Burned) LOL. Electrical problem started fire under the dash. (Guess Only) Was with the Brake control that earlier owner installed to tow boat. It looked Really Weird! JR
