Educator Dan’s Auction Roulette Update: Outbid – For Now

Monday October 3, 2011 I finally got my answer about my bid – I was OUTBID, but there is still a glimmer of hope auction fans, let me first though fill you in on the “popular” vehicles from my last post and finally reveal which one I bid on. I believe many of these prices justify what Steve Lang has been telling us about the insanity of the used car market. I will list the vehicles in order of my likelihood of actually bidding on them (least likely to most likely.)

1979 GMC “Heavy-Half” for $212.00 (not running)

1987 ½ GMC Van went for $851.00; 1995 Ford Bronco(s) one for $2861.00 and one for $2475.00

1996 Dodge Intrepid(s) for $851.00 each

1992 Chevy Lumina(s) cheapest for $651.00 most expensive for $751.00

1987 Chevy Caprice Classic for $201.00 (not running)

1988 Dodge Diplomat for $155.00 (not running, hood won’t open)

1994 Pontiac Grand Prix(s) one for $1051.00 and one for $951.00

1990 Buick LeSabre for $651.00

And finally the one I actually bid on and came in SECOND PLACE with my bid of $551.51 was a 1992 Pontiac Bonneville sold for a bid of $751.00 to a local mechanic who bid on many of the cars.

This is where the glimmer of hope comes in folks. According to the Procurement Officer he’s done this before and then comes down and picks and chooses among his winnings. If he rejects a vehicle then the next highest bidder wins. I bid on the Bonneville because I LOVE the 2nd generation H-body cars (in fact I’m working on a CC of my own for them), and my father owned a white 1992 Pontiac Bonneville SE. I decided that I wanted a FWD (good in the snow) car with reliable 3800 power, a big interior, a big trunk, and (sorry Laurence) the 1st gen H-body always left me a little cold – too A-body for my liking.

If I win on the second chance I’ll let you know. Meanwhile, back to work on my 2nd gen H-body