• filter:
  • 155565758 59
  • Page
  • Text Only
  • Search this Topic »
rated:
atikovi said:   Everybody seems to think you can get cars for pennies on the dollar at car auctions. I guess that is why when I advertise a car for $6000, I get all kinds of offers for $3500 implying they are doing me a favor taking it off my hands at that price.
  
Ok, but at the same point, for the hypothetical car you're asking $6,000, what's your markup?  What offer would you take?  $5,000? $4,500?  Obviously it completely depends on the car, but if I went to atikovi's cars, I wouldn't expect all the prices to be firm and I would start with a lowball and work up from there.  If the dealer needs to pay rent or had the car on his lot for 6 months and it isn't moving, I've gotten some deals that way with offers I assumed would be refused out of hand.

rated:
My point was that some people who have never been to a car auction seem to think it's a magical place where you can get nearly new cars for next to nothing. That won't happen. And as an analogy, if a house is listed for $600K, would any realtor think of making a $350K offer?

rated:
I'm sure there are many people who think what you're saying, but I disagree with your analogy. I'd say on a $6,000 car there's an average of $500-$1,000 in profit (obviously this is a hypothetical) but if the dealer is starved for cash or hasn't been able to move the car and his inventory is floorplanned, then taking a $1,500 hit on a car he is $5,000 into and taking $3,500 and hoping to make it up with an extended warranty and financing incentives leaves him with a likely loss of under a thousand dollars. Not a terrible way to get some cash fast and open a spot that will sell quickly.

Also, to most dealers, cars are commodities and no significant portion of his business will be in one car (usually). On the other hand, most people are selling the only $600k house they own and they can probably not afford to take a $250k hit just to move it quickly.

rated:
Would appreciate pricing on a 03-07 Infiniti G35 Coupe in the midwest. TIA!

rated:
Would appreciate 97-01 Jeep wrangler sport pricing on the east coast. Plan to trade in mine in the foreseeable future and would like a good baseline price from which to negotiate. Thanks!

rated:
How about 08-10' Mini Cooper S (Turbo)?  Hardtop, Manual transmission.  Don't really care about much else in regard to options, etc. 

rated:
Hello.  I'm looking for a 2010-2012 Toyota Camry, Prius, or Honda Accord for <12k.  I'm hoping someone can take me to the auction in Riverside so I can pick one up.  Of course, I'm willing to take care of the person taking me to the auction or going to the auction for me.  I'm about thirty miles from Riverside and looking to buy within one week.  PM me if you are local and are willing to take me to auction with you or can get one for me.  Thanks!

rated:
atikovi said:   Everybody seems to think you can get cars for pennies on the dollar at car auctions. I guess that is why when I advertise a car for $6000, I get all kinds of offers for $3500 implying they are doing me a favor taking it off my hands at that price.
There was a local auction near me where I used to get cars for pennies on the dollar . Bought numerous cars for $300-500 that I flipped for $3-5k

These deals didnt come around every auction but such deals happened at least once a month . I didnt want to have too many cars at any one time so i would do only a few a year

rated:
Auction link on front page doesnt work any longer.

Anyone want to give me some info on the following:

2011 Cevy Cruz ECO auto in the Texas area

2010 & 2011 Nissan 370Z convertible touring (+ sport if possible to) Auto in the texas area

rated:
Is this thread still alive? I'm also in the riverside area looking to get access to pricing so I can decide on a car and buy it.

rated:
Ma171aC said:   Auction link on front page doesnt work any longer.

Anyone want to give me some info on the following:

2011 Cevy Cruz ECO auto in the Texas area

2010 & 2011 Nissan 370Z convertible touring (+ sport if possible to) Auto in the texas area

  
Only '11 Cruze Eco in Texas and only 9 in the country:
02/05/14 NASHVILL Regular $9,600 72,669 Avg CARBON 4GT 6 Yes
02/05/14 MINNEAP Regular $7,500 73,912 Below BLACK 4GT A Yes
02/12/14 CEN FLA Lease $11,900 30,666 Avg SILVER 4GT A Yes
02/19/14 PITTSBGH Regular $12,300 29,707 Avg RED 4GT A Yes
02/19/14 HRSNBURG Lease $10,700 47,784 Avg BLUE 4GT A Yes
02/21/14 PA Lease $11,800 26,186 Avg BLACK 4GT 6 Yes
02/26/14 PITTSBGH Regular $10,100 66,375 Avg BLACK 4GT M Yes
02/26/14 DALLAS Regular $12,400 31,517 Avg WHITE 4GT A Yes
02/27/14 TAMPA Lease $11,200 34,131 Avg GOLD 4GT 6 Yes

 

2010 370z Convertible Touring:
 
01/23/14 TX HOBBY Lease $20,250 44,100 Avg WHITE 6G A Yes
01/29/14 NEW MEX Regular $20,900 40,499 Avg Black NON A Yes
01/31/14 STATESVL Regular $21,300 51,839 Avg Blue 6CY A Yes
02/07/14 NEVADA Regular $22,000 23,750 Avg SILVER 6G A Yes
02/25/14 ORLANDO Regular $23,700 34,346 Above SILVER 6G 6 Yes
02/26/14 DALLAS Regular $23,000 37,044 Avg BLUE 6G A Yes



2011 370z Convertible Touring:
 
03/07/12 DALLAS Regular $33,200 29,720 Avg PURPLE 6G 6 No
04/18/12 DALLAS Regular $34,500 11,719 Avg PURPLE 6G A No
07/24/12 FT LAUD Regular $31,000 7,415 Avg White 6G A No
11/09/12 NEVADA Regular $24,000 2,303 Avg SILVER 6G A No
12/05/12 DALLAS Regular $32,000 12,793 Avg WHITE 6G A No
12/13/12 PHOENIX Regular $29,300 3,434 Avg SILVER 6G A No
03/27/13 SEATTLE Regular $31,000 14,841 Avg GRAY 6G 6 No
04/19/13 PA Regular $33,400 6,583 Avg RED 6G A No
09/03/13 STATESVL Regular $25,000 20,299 Avg WHITE 6G 6 No
12/06/13 NEVADA Regular $27,500 809 Avg BLACK 6G 5 No



When you say "Sport", I'm not sure if you mean NISMO, I'm not particularly familiar with Nissan's...

rated:
How does one go about financing a car purchased at a Manheim auction? Don't most lenders, credit unions included, require a VIN to secure a loan? Problem is, you don't exactly know which car you're going to end up with when you walk into an auction.

rated:
BillLumberg said:   How does one go about financing a car purchased at a Manheim auction? Don't most lenders, credit unions included, require a VIN to secure a loan? Problem is, you don't exactly know which car you're going to end up with when you walk into an auction.  

PenFed just sends you a bank draft. It is not linked to a specific VIN, I assumed other lenders are similar.

rated:
Any Prius'es in SoCal? :-D

rated:
Recent pricing for a 2012/2013 Mini Cooper Countryman S ALL4 Automatic in the mid atlantic/philly region would be much appreciated

rated:
Hi am looking for price on a 2012 ford explorer xlt 2wd in manhiem

rated:
DaONEk3 please mercury Grand marques 2010-2011


aprreaciated

rated:
Any one please post prices for 2011 ML350 3.5L V6 with or without AWD in los angeles area..

rated:
Thanks MWA

Sport is just a package that you can get with the touring model as far as i can tell.  Adds bigger wheels, brakes, something or other.  This works perfrectly for me though!

rated:
ant1271 said:   Any one please post prices for 2011 ML350 3.5L V6 with or without AWD in los angeles area..  

I can actually help out with that one.

2011 MERCEDES ML350W2 6G SUV A PS PB AC MR 4X2 17,853 BLACK $28,500
2011 MERCEDES ML350W2 6G SUV A PS PB AC PG 4X2 29,016 BLACK $27,000
2011 MERCEDES ML350W2 6G SUV A PS PB AC PG 4X2 34,303 BLACK $27,750
2011 MERCEDES ML350W2 6G SUV A PS PB AC PG 4X2 29,801 BLACK $27,500
2011 MERCEDES ML350W2 6G SUV A PS PB AC PG 4X2 19,359 STL GRY $24,750

rated:
Hi there,

Could you please post manheim price for:
2013 Chevy Camaro SS V8 A/T
2013 Ford Mustang 5.0 GT A/T

Thanks.

rated:
Hello, looking for manheim price for:

2008 Toyota Prius Touring around Kansas City, MO area

Thanks!

rated:
I'm in socal and can help people out now myself. I'm going to go through the TOS tomorrow just to make sure I'm not breaking any rules by posting pricing (my previous post was from sample numbers I got before I signed up).

I'll tell you... the whole thing is a bit overwhelming once you get in. There are a bizarre amount of auctions.

rated:
ebratkov said:   Hello, looking for manheim price for:

2008 Toyota Prius Touring around Kansas City, MO area

Thanks!

  

I looked through the TOS and it says that I'm not allowed to automate or exploit the data, but I don't *feel* like answering a question or two like this is a violation.

So...

Only one sold in KC recently, and it wasn't a Touring:

03/19/14 KC Regular $4,100 224,431 Below GRAY 4H A Yes

The price range seems to be:

$11,833 $8,120 $4,407

for above average/average/below average nationally.

My experience at watching the auctions the last couple of days in my area is that cars that are in what I would consider to be near-sellable condition are consistently going for more than the above-average rate. There is a LOT of junk being sold that needs significant attention before being sold retail. Keep in mind too that on top of the sell price, there are additional fees which vary from auction to auction.

I also discovered NADA Market Values, which - I'm not sure about the web site, but the $1.99 mobile application shows an AuctionNet price that is similar to Manheim's, along with retail pricing that's close to Kelly Blue Book and a heck of a lot easier than either to do research with.

It could be that this time of year there are more people looking to buy cars because of tax refunds - explaining why cars are going for more than recent transactions, but... from what I'm seeing paying attention to low-end cars there is a very wide variety of quality, with a distinct minority being ones with good tires, a good interior with no odor (so many stinky cars!), good air conditioning, and a clean exterior that would pass a cursory rental car inspection without any marks. Another possibility for the prices I'm seeing is the fact that I'm in southern California and everything is a little more expensive than normal here.

I was excited to see a below-average Audi TT roadster that according to recent transactions should have sold for ~3-4K. I thought... "there's a car I can drive for a couple of weeks, fix up, and turn over really easy with the weather we're having." It sold for $5600.

I also saw a couple of runs of disaster cars. One's that were obviously being sold for parts or for body shops to salvage. I'm sure cars like that show up on the transaction reports as well.

Looking nationally, from what I can tell there were 6 '08 Touring's sold nationally in the last month, with prices ranging from $5300 to $10,900, odometer readings ranging from 43K to 164K.

rated:
SUCKISSTAPLES said:   
atikovi said:   Everybody seems to think you can get cars for pennies on the dollar at car auctions. I guess that is why when I advertise a car for $6000, I get all kinds of offers for $3500 implying they are doing me a favor taking it off my hands at that price.
There was a local auction near me where I used to get cars for pennies on the dollar . Bought numerous cars for $300-500 that I flipped for $3-5k

These deals didnt come around every auction but such deals happened at least once a month . I didnt want to have too many cars at any one time so i would do only a few a year

  I assume these were dealer auctions?

rated:
Hi can anyone post the prices for a 2012/2013 Buick Verano with the convenience or leather package.

Thanks

rated:
Hello i'm looking prices for a 2009-2010 Nissan 370z base (non touring) with Sport Package. And if possible auction site within 100 miles of 27604. Thank you

rated:
Can I get price for 2011 or Porsche Cayenne S? TIA

rated:
Can anyone help me? I'm searching for an '06 - '07 Armada in the NY/NJ/CT area with less than 115,000 miles. Leather interior and sunroof are preferred. Hard stop with tax and tags included is $12,500. The best deal I've seen thus far from a local dealer is about $12,800 (tax and tags included)for an '07 Armada, 118,000+ miles, 2WD, and one accident. No leather, no sunroof, etc... just standard package with cloth interior. There is another dealer who found a nice fully loaded '06 and he quoted $12,000 but with transportation fees (he said it was out of state) and taxes and tags, I was looking at over $14K which is outside of my price range.

rated:
Can someone post prices for 2010-2012 Lincoln MKZ in California? Thanks!

rated:
Thanks to those helping out here...

I'm looking for pricing and to buy a BMW 328i Xdrive wagon ideally with a manual transmission 2010 or newer.  If anyone has access to closed BMW Financial Services auctions, let me know.

rated:
Hello,

Can someone make a list of the recent sale prices for 2007 Saturn Relay/2007 Mercury Monterey/2007 Ford Freestar in the Texas area? I am looking to buy one of of these in the DFW/ Dallas auctions very soon.

thanks

rated:
Hey guys,

I would appreciate if I can get some help/info on the following cars

Used 2013 Audi S4 premium plus + sport differential + Audi MMI + B&O speakers etc
Used 2014 Audi S4 premium plus + sport differential + Audi MMI + B&O speakers etc

Thanks

rated:
Would appreciate pricing on a 03-07 Infiniti G35 Coupe in the midwest. TIA!

rated:
i would be very grateful if somebody could post pricing for 2012-2013 Audi A6 Quattro in midwest (ohio, il). Thanks!

rated:
Could someone get me the MMR prices for a 2013 Porsche Boxster and 2014 Cayman? (base models, prefer auto)

Thanks in advance!

  • Quick Reply:  Have something quick to contribute? Just reply below and you're done! hide Quick Reply
     
    Click here for full-featured reply.
  • 155565758 59
  • Page


Disclaimer: By providing links to other sites, FatWallet.com does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to FatWallet.com.

Thanks for visiting FatWallet.com. Join for free to remove this ad.

TRUSTe online privacy certification

While FatWallet makes every effort to post correct information, offers are subject to change without notice.
Some exclusions may apply based upon merchant policies.
© 1999-2014