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Unconstitutional Patriot
Join Date: Apr 2000
Location: volunteer state
Posts: 5,620
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911 from wholesale auction?
Rennlist has a wholesale auction section. I have not seen it, since I let my membership lapse.
Are wholesale auctions a good place to find older 911s? I am looking for an older 911 (72-83), and my budget is around $10k. Take care, Jurgen |
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12-18-2002, 06:14 AM
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Registered
Join Date: Oct 2002
Location: st. Louis
Posts: 245
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I saw something about this too. I thought the deal with wholesale auctions was dealer-dealer. It doesn't make since that they would offer those prices to the public? Why don't they just wholesale them on ebay. If you are a dealer and willing to let it go to someone in the general public for wholesale price, why not put it where it will get he most exposure? I would love to be able to buy Porsches at wholesale prices, but this seems to good to be true?
Anyone else know about it?
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fig911 2000 996 (guards red, H&R Coilovers, CAI, Fabspeed, Recaro Seats, Alpine/JL Audio) Past Porsches '99 Boxster '95 993 C2 '86 911 '90 944S2 cab |
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12-18-2002, 06:39 AM
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Registered
Join Date: Oct 2000
Location: Nor-Cal
Posts: 4,403
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Don't worry about trying to find an older 911 there. I'm a member, and all I have seen in the last month since this auction site started are a lot of BMW's and newer Porsche's.
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12-18-2002, 06:53 AM
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Registered
Join Date: Dec 2000
Location: McLean, VA
Posts: 1,155
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The Mannheim Exotics auction is held every two weeks in PA. Its a wholesale auction, and typically draws around 5,000 cars. Quite an experience to see around 20 auction lines running in parallel, with a strict two minutes per car.
The only players are registered dealers. I go there with a dealer, who will buy anything for a $500 fee. The majority of the cars are high-end non-domestics, typically off auction [2-3 years old], which means lots and lots of 996s and 996 turbos, which go fairly cheap. Sprinkled in are a very few examples of older cars which are trades or are carried in by a dealer on consignment. Just for fun, there are a very few true exotics - Aston Martins, Ferraris, Lambos, and some true collector cars. Wholesale auctions can turn up some good deals, but inspection is limited to what you can see in the paddock - no chance to drive or PPI the cars. Its a risky game. I'd expect a dealer to want to see a higher margin for allowing the kind of inspection/test drive most Pcar buyers would demand.
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Tony K '89 944T 944 SuperCup Champ 2004 & 2005 '85 Carrera - Sold [sob] TrackVision 944Cup The 999 Site |
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12-18-2002, 07:05 AM
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RETIRED
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Jurgen,
BTW, Got your email this morning.... Wholesale auctions are fast paced sales where prior inspection is limited to firing the car up and driving it around a parking lot. Forget about a PPI. The auctions are usually limited to licensed dealers. SOME dealers will allow you to go with them and watch the show and then add a predetermined percentage to the price. Me? I look for cars private party, do a PPI, take tons of pics and negotiate the sale for you. I can also arrange storage, shipping, and insurance. You CAN get a good deal from an auction, but it is a crapshoot. Mike Z 9 Eleven Motors CA Dealer #55389 |
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12-18-2002, 07:18 AM
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Unconstitutional Patriot
Join Date: Apr 2000
Location: volunteer state
Posts: 5,620
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Thanks for the comments, guys. I really want to own a special (at least in my mind) 911, so I don't think a wholesale auction will meet my needs.
I'm looking for a Mexico Blue 911, so keep your eyes peeled, guys and gals.  Jurgen |
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12-18-2002, 03:11 PM
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Registered
Join Date: Mar 2002
Location: MI
Posts: 289
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What exaclty is a "good deal" on a 996 at auction?? I'm in the market
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12-18-2002, 06:43 PM
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Da cab
