Tag: Auction

By on September 5, 2014

OLYMPUS DIGITAL CAMERA
Jack Baruth has a very thoughtful post on selling his green stick, apparently an Audi. (See No Fixed Above: Stick it to ‘em.) Here I delve into his logic as a devil’s advocate.

A key observation throughout his post is that most (newish) used cars move through dealerships, and for many there is an auction through a Mannheim or Adesa in between the trade-in and the used car lot. The same is true in Japan: the graphic above is of a car auction in Osaka, though on-site buyers sit at computers with a huge display of the two virtual “lanes” with no audible action. (For more see my post on a June 2014 visit at Auto Auctions, Japanese Style.)

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By on June 30, 2014

keeler

Hi Steve,

I have been trying to find a Lexus GX470 for several months now. Either a 2012 or a 2013.

What I have found is that these vehicles simply don’t exist here in Tennessee.

I have gone through every Lexus dealer in the state, along with a few others that are out of state. I can’t find a GX anywhere.

So I thought that maybe I should try to look at a Toyota Sequoia, or maybe even a Toyota Tundra instead. I have found a few of these vehicles at the dealerships, but the prices are stupid high, and I just can’t justify paying what they want me to pay.

I am a cash customer, and I don’t think I’m too picky when it comes to cars. What I wanted to ask you is whether you can actually find a good deal on a late model GX at the auctions.

Steve Says:

No.

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By on June 11, 2014

TAAOnlineScreen

While we’re fortunate to be treated to a weekly look at American auto auctions courtesy of TTAC’s Steve Lang and his Hammer Time series, today we’re getting a glimpse of an auction on the other side of the world.

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By on November 22, 2013

mustangsplus

I admit it. Every once in a while I buy a vehicle that simply doesn’t work out.

Everything checks out at the auction. But then, I get a birthday surprise.

It could be a transmission that randomly goes out of overdrive after about 20 or 30 miles. Or an engine that has far too many aged wires for me to easily track down a stubborn check engine light.

Sometimes I buy a 4000-pound ATM machine that only allows you to put money into it; a rolling lemon, par excellence. Then I have to figure out how to make it into lemonade, lemon meringue pie, lemon tart, and even repair fodder for the other rides on the road that are still lemon-free.

Lemons are never fun… but every once in a while fate has a wonderful way of smiling on a pitiful set of circumstances. 

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By on September 11, 2013

Capture

Dan writes:

Hi Sajeev,

I enjoy your columns and thought I would get your input regarding what I should do with my current vehicle, a 2002 Acura TL 3.2. I purchased the vehicle new almost 12 years ago. The Acura has about 200,000 miles on it and is still on its third-transmission. As we all know, the transmission used on this vehicle was problematic but seems to be running okay. The car is very clean inside. (Read More…)

By on June 27, 2013

caddy, Picture courtesy Mecum.

There’s been all sorts of interesting stuff on the auction block lately, but surely the car above has the Seventies lovers in the audience all shook up.

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By on June 25, 2013

How’d you like to buy a new Chevrolet? A real Chevrolet. Not a Daewoo. Not a New GM assemblage of lowest-bidder Chinese electronics and focus-grouped inoffensiveness. A brand-new Chevrolet from the time when Chevrolet ruled the world with a cast-iron fist. A brand-new 1958 Chevrolet. With four miles on the odometer.

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By on June 19, 2013

Picture courtesy GM

The bare and plain fact that TTAC was, to some degree, built on the GM Death Watch series often causes our readers to think that we, as a group of writers, hate GM. Nothing could be further from the truth. Your humble author grew up thinking the “Mark Of Excellence” was a mandatory part of every seatbelt buckle and that the Oldsmobile Ninety-Eight Regency was the most awesome sedan money could buy. If we’re angry at GM, it’s in large part because the people who ran the company destroyed an incomparable, irreplaceable legacy through their complacency, incompetence, and short-term thinking. The men who ran the company into the ground managed to snatch an improbable defeat from the jaws of victory. There is no hell hot enough for the architects of General Motors’ fall from grace. They destroyed a big part of the United States and there was no, repeat, no reason for it to happen.

And now the emblem of their seemingly deliberate failure is coming up for sale.

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By on May 28, 2013

Fisker Karma Courtesy tumblr.com


During all the turmoil facing hybrid automaker Fisker Automotive recently, from closing its doors to a possible resuscitation led by Bob Lutz, one thing has remained constant: the rapidly collapsing values of the Fisker Karma cars themselves. (Read More…)

By on March 20, 2013

Brad writes:

Hi Sajeev –

I’m a longtime reader of the blog, and also have been car less for the past 17 years. I live in a major Pacific Northwest city and haven’t needed a car. But I’m getting older, I’m partnered up and need to visit in-laws out in the boonies, and I just find myself wanting a car. I don’t want an older car. The two cars I did own back in my teens and early 20s were a 1980s Buick Skylark and a 1988 Dodge Omni. I think dealing with the repairs on those two beaters put a bad taste in my mouth for very old cars. So I’m looking at new or slightly used. (Read More…)

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