What the F good is this? You have to have a dealer license to join. Dealers already know all the numbers. This does nothing to inform non delaers.
4 V's up on Adesa Auction closing April 1st
First ones I have seen. I'll let you guys know the wholesale prices when they close.
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Wow your kinda slow huh?What the F good is this? You have to have a dealer license to join. Dealers already know all the numbers. This does nothing to inform non delaers.
Ever think people might want to know what a dealer is making on them when they walk in to buy a new V :thepan:
I believe the mark up is around 8%.Wow your kinda slow huh?
Ever think people might want to know what a dealer is making on them when they walk in to buy a new V :thepan:
Is that a used car auction for dealers, or new car, or both?
"Previously Owned'Is that a used car auction for dealers, or new car, or both?
I would be interested to hear what state the cars are in (repairs/mileage/etc) and what they are going for at auction. Thanks for any info. 
Him letting us know this round is cool, but us going to the website doesn't do any good. There are other cars I would like to know about and in 6 months I am sure the number given at close of auction this week will change next week and the week after that.
Thats my point, it's a one shot deal this week only.
Thats my point, it's a one shot deal this week only.
I never said you all could go bid on them, as yes it is only for dealers. I just wanted to give you a picture of what wholesale prices are. Most dealers will charge 6-8% markup as profit. The 4 up for auction range between 130 miles and 5500 miles. I also seemed to have missed 2 that closed last week. One closed at $47,500, the other at $50,200. I would expect these 4 will close somewhere around the 47-48K mark. In 6 monthes these will be in the low 40's based on a 2% per month depreciation
Are any of them loaded?
I never said you all could go bid on them, as yes it is only for dealers. I just wanted to give you a picture of what wholesale prices are. Most dealers will charge 6-8% markup as profit. The 4 up for auction range between 130 miles and 5500 miles. I also seemed to have missed 2 that closed last week. One closed at $47,500, the other at $50,200. I would expect these 4 will close somewhere around the 47-48K mark. In 6 monthes these will be in the low 40's based on a 2% per month depreciation
In the current economic climate, with new examples readily available off-the-shelf at dealers, that's not surprising.Is it me or are these cars already depreciating very quickly?
I expect the manual transmission V's to hold value much better since they are pretty much 'order on demand' and are in a 20%/80% build ratio compared to auto's.
G
I wouldn't count on the manuals bringing more money at the auction. The reason less are produced is because there is less demand. Most customers want an auto. I'm not saying that an enthusiast wouldn't pay more for a stick but they are the exception to the rule. Dealers want cars they can move quickly.
Wow he's right, 2 red ones, a black one and a gray one. There are 2 at Manheim too! I'm going to see what they go for too and I'll let you guys know unless StealthViggen beats me to it. I'm surprised they're at auctions already.
I haven't bought a car like this before, so should I be surprised to see some at auction? I guess guys with lots more money with me drop those checks like they are spare change for a V to put in their collection, drive it a few hundred miles, then get rid of it?
I'm obviously in the WRONG profession if I even have to ask, I guess. Time to hang up the white coat....
I'm obviously in the WRONG profession if I even have to ask, I guess. Time to hang up the white coat....
I would.I wouldn't count on the manuals bringing more money at the auction. The reason less are produced is because there is less demand. Most customers want an auto. I'm not saying that an enthusiast wouldn't pay more for a stick but they are the exception to the rule. Dealers want cars they can move quickly.
When my father was shopping for his C6 last year, the manuals were going for more than the autos. I wouldn't be surprised if the Vs were the same.
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