Earlier this month I attended a storage auction that boasted more vehicles than I could recall seeing at one location. The first unit contained a late 90’s model BMW 3-series with both front doors missing. The car appeared to be undergoing some repair processes. That unit went for $400.
The next unit contained what appeared to be a 2000-2004 Cadillac DTS, as seen in the photo above, that also appeared to be in some state of repair. The body on that car was in great shape and I’m still kicking myself for not putting in a bid after it went for only $50. I could’ve bought that unit and paid a month’s rent on it while advertising the car on Craig’s List. I bet it would have generated $1000-$3000 easily and I could have had them pick it right up from the unit. My head wasn’t in the game that day!
The third unit had a nice looking small boat on a trailer in great shape. The boat was of the open-bow variety and probably measured around 16 feet long. That unit went for $800 and I would venture to guess the boat was worth at least $5000. I don’t really have the space for a boat right now and was not interested, however, in hindsight, I could’ve stored it at a friend’s house for a month or two and sold it at a profit.
Those three units were all owned by the same person. Often, the auctioneer will tally up the total bids from all 3 units and ask if someone would like to bid higher to take all of them. There were no takers this time, so one lucky guy walked with a $50 Cadillac.We also found the doors to the BMW in the same unit that had the boat; the auctioneer relayed that the doors would be given to the successful bidder on the unit containing the BMW.
The last unit had some tools and what appeared to be a 70’s or 80’s Harley Davidson parked in the back. There were also boxes and boxes of Bowflex home gym systems stacked to one side of the unit. That unit went for $1800. I knew the successful bidder and we later discussed what he had found. Apparently all the Bowflex boxes were completely empty…buyer beware!
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