05-01-2018, 07:02 PM | #1 |
Drives: Several Join Date: Feb 2018
Location: Texas
Posts: 39
|
Z28 for sale soon...Mecum Indy
Hey guys...not mine...know many are looking. Appears to be a very good example
https://www.mecum.com/lots/SC0518-32...et-camaro-z28/ |
05-01-2018, 07:37 PM | #2 |
Drives: 2015 Z/28; 1969 Camaro SS Join Date: Nov 2015
Location: York, PA
Posts: 805
|
See if it get to $45k hammer price.
|
05-01-2018, 08:34 PM | #3 |
Drives: 2014 Ashen Gray Convertible Join Date: Apr 2017
Location: Havelock, NC
Posts: 1,328
|
Should pull close to the 45 mark, could go over by 1 or 2. I just reviewed their entire list of cars, I fell in love so many times. The wife told me to "GET OVER IT"!
__________________
|
05-01-2018, 08:46 PM | #4 |
Drives: 15 RH Z/28, 23 RB2SS1LE, 23LT1VOM Join Date: Dec 2012
Location: So Cal
Posts: 820
|
Don't forget 10% on that 45k, plus they charge 7% sales tax and shipping..and there's a reserve. Better deals out there for white low mile example IMO.
|
05-02-2018, 05:48 AM | #5 |
Drives: 2015 Z/28, 2007 HHR Join Date: Jan 2014
Location: Republic of Texas
Posts: 1,148
|
Wow, I just saw this car this past weekend. Always like taking pictures of it because of the "museum" lighting setup he has. Bummed it wont be there anymore!
|
05-03-2018, 08:24 PM | #6 |
Drives: 2014 Z/28 # 89, 69 Camaro, 2013 ZL1 Join Date: Jul 2013
Location: Flint MI
Posts: 669
|
Was this car at the Lingenfelter open house this past weekend ?
|
05-03-2018, 08:49 PM | #7 |
Drives: 2015 Z/28, 2007 HHR Join Date: Jan 2014
Location: Republic of Texas
Posts: 1,148
|
Yep! This is as good a shot I could get, large crowd in front of it because of the Electric Corvette parked in front of it.
|
05-04-2018, 08:57 PM | #8 |
2&THEHIT
Drives: 5th Gen Camaro; 5th Gen Ram 3500 Join Date: Mar 2018
Location: Garner, NC
Posts: 1,012
|
didn't want to start a new thread for this, but
https://www.racingjunk.com/Chevrolet...&from=category |
05-20-2018, 07:19 PM | #9 |
Drives: 2015 Z/28; 1969 Camaro SS Join Date: Nov 2015
Location: York, PA
Posts: 805
|
$47.3K hammer price. +10% commission.
Not bad. |
05-25-2018, 06:13 AM | #10 |
C'mon- really?
Drives: Looking for a ZL1 Join Date: Aug 2009
Location: Nortwestern Ohio
Posts: 1,966
|
I didn't see it but a buddy told me it sold for $43K and the $47300 included the 10%?
__________________
Steve
2018 Camaro 2SS 1LE Black #3805 - SOLD |
05-25-2018, 11:15 AM | #11 |
Drives: 15 RH Z/28, 23 RB2SS1LE, 23LT1VOM Join Date: Dec 2012
Location: So Cal
Posts: 820
|
Bad price for both seller and buyer IMO. Mecum charges a 7% sales tax in addition to the commission so that's over 50k on the buy side for a white Z with miles. On the sell side, that's 39k net plus consignment fees etc. Even if a broker bought it and avoided sales tax that's still retail.
|
05-25-2018, 12:10 PM | #12 |
Drives: 2015 Z/28, 2007 HHR Join Date: Jan 2014
Location: Republic of Texas
Posts: 1,148
|
The seller was Lingenfelter, so the buyer paid the premium because it was out of his private collection and makes for a cool story?
|
05-25-2018, 12:28 PM | #13 |
Drives: Several Join Date: Feb 2018
Location: Texas
Posts: 39
|
Most Auctions charge the BUYER 10% and the SELLER 10%. Sometimes they will reduce the seller's fee, but rarely the buyers.
I was contemplating selling a car at the Monterey auctions. Here is the real math. Both Auction houses told me that the ALL in price a buyer would pay for the car was $220-240. That means the buyer would pay no more than $200k on the low end + his 10% = $220k. NO reserve at the Monterey sales. RM its less than $250 and you can't have a reserve. Sells for what it sells for. The NET to be would be $200 - 10% - $1500 (listing fee) - $2000 shipping. Call it $23,500. Hypothetical net would be $173k. And remember that is if it sold within their range. Their range is mostly made up BS. I had one of the houses tell me that they thought it could sell for only $165-170k based on their internal info. The sellers reps job is to get inventory for the auction. They get paid a commission on what sells at the event (or the listing fee of $1500). They will SELL YOU on listing with them so they can potentially get paid. They will tell you what you want to hear about value to get the car for the action and then grind you when the car is there. I ended up wholesaling the car to a local dealer. Done, cash in hand. |
05-25-2018, 12:50 PM | #14 |
Drives: 2015 Z/28, 2007 HHR Join Date: Jan 2014
Location: Republic of Texas
Posts: 1,148
|
I always wondered what all the fees are for a 36million dollar Ferrari.
|
|
|
|
|