Newell Gurus

Full Version: newell for sale at copart auction
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So your bid is final and binding on buyer but not on seller. A one sided 'reserve' auction. I did not bid but noticed the terms and conditions. Interesting.
I bid, stopped at 9500.  Too much of a gamble for not being able to see it.  Hopefully someone gets her back out on the road again!  Just wont be me.
how much was the winning bid?

it only shows sale has ended

tom
It stopped at 9900, with fees total around 12k. That doesnt mean it sold though, seller may have rejected that bid.
It didn't sell i guess as its re listed with a starting bid of 9900 with Four days to go, Id love to know its story!
I use a place called ridesafely to bid on salvage stuff from time to time, the lady i spoke with told me that its been up to auction before, she said they turned down 26k for it, at the time i thought she made a mistake but... maybe not.
they should have taken 26k. i would never pay that for it.

tom
I would second Tom's assessment. Given the neglect we all can mentally run up the cash register on the parts and labor it would take to get that coach going again. Once you got it reliably operating, you would always have the "salvage title" hanging over your head when you decide to sell. I would think the owners should take what they can get at auction, see the thread "Coach Time to Sell" thread and move on.

Steve
You know the saying in the equipment sales is your first loss is your loss.
WOW, they want atleast 42500 for it.. who would pay that for a non running salvage titled RV??
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