Thursday, March 2, 2017

Auto Auction Results

Auction Time!

I'm Ready to Bid!
There was another big crowd at the latest auction, and all the vehicles available were sold. Some of them sold with multiple bidders fighting for a bargain, while others sold at low low prices! That's part of what makes auctions fun, even if you don't bid. I picked up a buyer number (127), but didn't bid, and didn't come home with any new cars. On the good news department, we have the coming weekend scheduled to work on the auction-bought 2000 Mustang, so maybe we'll have something positive to say about that car soon!

Let's see how our pre-auction estimates stack up with the actual selling price. Hopefully we'll end up batting better than .500! To set the rules, let's shoot for being within 200 dollars of the winning bid.



03 Ram truck
Estimate: 5,000
Sold: 1,800
Not a good way to start, but there are plenty more cars, trucks, and buses to go. An 0-1 losing record.


94 Chrysler LHS
Estimate: 125
Sold: 175
Pretty close, off by 50 bucks, so let's call that a victory, and now we're 1-1!


06 Mitsubishi Eclipse
Estimate: 1,600
Sold: 1,600
NAILED IT RIGHT ON THE NOSE! WOOT-WOOT! Winning record of 2-1!


03 Mitsubishi Galant
Estimate: 500
Sold: 600
Not perfect, but I'd say 100 dollars off is right in the ball park, up to 3-1. 


01 Mitsubishi Eclipse
Estimate: 400
Sold: 200
OK, off by either 200 dollars, or a whopping 200%. To be a fair grader, I'll call it a loss, now 3-2. 


GMC bus 1
Sold: 3,000

GMC bus 2
Sold: 1,400

GMC bus 3
Estimate
Sold: 3,100
Total of the three buses sold for was $7,500, and I guessed 15K for all three. Off by exactly 200% again, so I stink at bus price estimates. That counts as one loss (since I make up the rules of this game), so I'm batting .500 at 3-3. 


07 Honda Accord
Estimate: 4,500
Sold: 2,900
Missed this one, other than correctly seeing it as one of the highest value cars on the lot. Still, a loser so we've slipped to 3-4.


96 Oldsmobile Cutlass
Estimate: 800
Sold: 350
Man, what was I thinking on this one? Way off, now at 3-5. Time for a winner.


99 Ford Escort
Estimate: 300
Sold: 650
Loser. Went the wrong way on these last two, one over and one under priced. Ugghhh. 3-6.


88 GMC Sierra
Estimate: 50
Sold: 350
See, this yellow truck with no wheels still went for 350, only 7 times my estimate. 3-7.


01 Lexus
Estimate: 450
Sold: 600
I'm going to give myself a pity point on this one, and say that within 200 bucks is OK for a win. 4-7.


98 Saturn
Estimate: 450
Sold: 450
NAILED IT AGAIN! That feels better! Record now at 5-7, and looking up!


00 Isuzu Trooper
Estimate: 300
Sold: 950
Ouch, not within 200, 300, or even 600! This loss moves things to 5-8. Time to bring in the left hander!


04 Nissan 350Z
Estimate: 500
Sold: 3,000
Everyone knows the Nissan Z car is awesome, but for some reason I thought the minor exterior damage and wet interior would keep people away from this one. Shows what I know! 5-9.


07 Ford Mustang
Estimate: 4,500
Sold: 3,900
The second highest price seller on the day. Everyone loves the Mustang, and this one looked pretty good, with no major damage on the outside. My guess is off by 600, but at these "higher" prices, I think that is worthy of a win, so make me 6-9.


95 Jeep Grand Cherokee
Estimate: 200
Sold: 225
Hey, only off by 25 bucks, so pretty good! Winner winner, chicken dinner! 7-9. Headed for .500 territory!


06 Ford F150
Estimate: 1,000
Sold: 2,400
This shiny red truck looked nice, and it went for more than I thought. Probably a good buy for someone, but a bad estimate from me. 7-10.


92 Jeep Cherokee
Estimate: 400
Sold: 950
Not my day so far, but plenty of time to get back up to .500. Let's call the score Convenience Food Store Time, also known as 7-11. 


01 Mitsubishi Galant
Estimate: 100
Sold: 90
COME BACK BABY! WHEW! ONE IN A ROW! Only off by 10 dollars, a solid win to 8-11.


94 Ford Ranger
Estimate: 500
Sold: 950
Everyone still loves the Ford Ranger, but this one costs me a loss: 8-12.


89 Ford Ranger
Estimate: 125
Sold: 250
Now invoking the "within 200 rule" to claim a narrow victory on this one, so 9-12. Three wins from breaking even!


94 Honda Civic
Estimate: 500
Sold: 600
ANOTHER WINNER! Hey, it's still my rules! 10-12!


96 Toyota Camry
Estimate: 500
Sold: 600
Another 100 dollar difference, I'll take it! Building momentum for the big finish, up to 11-12!


04 Ford Focus
Estimate: 600
Sold: 900
So close, but I can't stretch the 200 rule to 300, so a loser! 11-13.


95 Jeep Grand Cherokee
Estimate: 400
Sold: 350
THAT'S WHAT I'M TALKING ABOUT, only 50 bucks off. 12-13, just one win away from hitting the target, let's go!


89 Honda Civic
Estimate: 100
Sold: 625
Dang, so much for that one. Another loser adds up to 12-14. Turn this around baby!


96 Acura TL
Estimate: 700
Sold: 700
BINGO! RIGHT ON IT FOR THE THIRD TIME! Now at 13-14, we've got 5 more to go!


01 Honda Civic
Estimate: 100
Sold: 2,000
Way, way, way, off. Blah. Forget this one, move on. 13-15 with 4 to go. 


05 Mitsubishi Eclipse
Estimate: 100
Sold: 900
13-16 with 3 to go, I'm going to need Superman or Spiderman to help me out on these last ones.


04 Jeep Liberty
Estimate: 1,000
Sold: 950
THANKS SPIDEY! Pretty good guess on this one, now at 14-16 with two to go, and I need them both.


98 Chevy S10
Estimate: 200
Sold: 450
OK, you remember that "within 200" rule? Yeah, I was afraid you did remember it, so this is a loss, so the score is now 14-17 and I'll end up under .500. On the  other hand, if I get the next one right, I could come back and change this ruling on the replay officials call, and end up on target!


Toyota Tacoma:
Estimate:6,500
Sold: 4,700
OUCH! Kinda close, but no cigar. This one was clearly going to be the top seller, so glad I called that, but my price was not good enough this time. Thanks for playing our game, this one had its ups and downs. The next auction on the Naval Base will be June 7th.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.