Used 2006 Diesel Jetta Fetches $35,000 At Auction!
Reporters gasped at the $160,000 a hand-built custom Ford Mustang went for at the auction in Scottsdale. The same reporter nearly had a heart attack over the $4.2 million a rare 1955 Mercedes-Benz 300 SL Alloy Gullwing fetched ( it could have been $4.62 million, accounts by the same reporter differ.)
The media missed the sensation of the day: An oil burning six year old Jetta sold for $35,000.
The 1.9 liter 6-speed red Volkswagen race car had competed in the Speed World Challenge Touring Car Series. The proceeds went to the Austin Hatcher Foundation for Pediatric Cancer.
The absolute star of the show: A 35hp 2007 New Holland “Boomer” tractor. It went for $535,000, the fact that it was signed by Jay Leno did not reduce the price. Its proceeds went to the Fisher House Foundation. (It may have been signed by President George W. Bush. Accounts differ again.)
Bertel Schmitt comes back to journalism after taking a 35 year break in advertising and marketing. He ran and owned advertising agencies in Duesseldorf, Germany, and New York City. Volkswagen A.G. was Bertel's most important corporate account. Schmitt's advertising and marketing career touched many corners of the industry with a special focus on automotive products and services. Since 2004, he lives in Japan and China with his wife <a href="http://www.tomokoandbertel.com"> Tomoko </a>. Bertel Schmitt is a founding board member of the <a href="http://www.offshoresuperseries.com"> Offshore Super Series </a>, an American offshore powerboat racing organization. He is co-owner of the racing team Typhoon.
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- Lorenzo They won't be sold just in Beverly Hills - there's a Nieman-Marcus in nearly every big city. When they're finally junked, the transfer case will be first to be salvaged, since it'll be unused.
- Ltcmgm78 Just what we need to do: add more EVs that require a charging station! We own a Volt. We charge at home. We bought the Volt off-lease. We're retired and can do all our daily errands without burning any gasoline. For us this works, but we no longer have a work commute.
- Michael S6 Given the choice between the Hornet R/T and the Alfa, I'd pick an Uber.
- Michael S6 Nissan seems to be doing well at the low end of the market with their small cars and cuv. Competitiveness evaporates as you move up to larger size cars and suvs.
- Cprescott As long as they infest their products with CVT's, there is no reason to buy their products. Nissan's execution of CVT's is lackluster on a good day - not dependable and bad in experience of use. The brand has become like Mitsubishi - will sell to anyone with a pulse to get financed.
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They said on the broadcast that the Jetta has come through the auction for several years. The $35k is essentially a donation, as each year winning bidder donates the car back to the charity after the auction. Over $176 million in sales - some recession, huh?
Bertel, I was watching the Scottsdale aucton on Saturday. The 1954 Gullwing I saw cross the block sold for $2M, NOT $4M. What were you smoking?