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Re: 98 Type R copart
Posted: Wed Jan 31, 2018 3:48 pm
by Sp00nFedFilms
Unreal. This WILL be for sale with a clean title soon.
Re: 98 Type R copart
Posted: Thu Feb 01, 2018 10:49 am
by Misterjew
Dave7CDMTYPER wrote: Tue Jan 30, 2018 10:08 pm
How can you tell what it sold for? When I clink on the link it just says "lot sold."
Stin1 wrote: Wed Jan 31, 2018 8:51 am
I saw yesterday listed as sold for $11300.
I watched the auction live. It sold for $20.5k before fees. There was 2 98 Type R's that sold in the last 2 weeks. This one which was sold with a "non-repairable" title. The other one was crashed in the front missing the front end and had a damage radiator support. That one sold for $11.3k but that one had a "rebuildable" title. I have the vin of the one that just sold and I will keep an eye out to see where it goes.
The pre-bid of the car before the auction started was I believe $12.6k and it just kept going back and forth between California and Colorado.
Re: 98 Type R copart
Posted: Thu Feb 01, 2018 12:16 pm
by dmxbmx
20.5k with a branded flood title and non-repairable. That's crazy
Re: 98 Type R copart
Posted: Thu Feb 01, 2018 12:16 pm
by Lturner
The 98 with front end damage was for sale for 6k and they guy couldn’t sell it.
Re: 98 Type R copart
Posted: Thu Feb 01, 2018 2:31 pm
by Misterjew
Lturner wrote: Thu Feb 01, 2018 12:16 pm
The 98 with front end damage was for sale for 6k and they guy couldn’t sell it.
I watched it sell for $11 and change. The title on that car was rebuildable but it was registered in Canada at some point. It had fairly low miles also.
Re: 98 Type R copart
Posted: Thu Feb 01, 2018 2:32 pm
by Misterjew
Sometimes the buy it now prices aren't bad. People ignore the BIN price to try and get a better deal bidding live and it doesn't always work out well.
Re: 98 Type R copart
Posted: Thu Feb 01, 2018 2:43 pm
by Dave7CDMTYPER
They should leave the sale prices up like BaT does.
Re: 98 Type R copart
Posted: Thu Feb 01, 2018 7:10 pm
by Misterjew
Dave7CDMTYPER wrote: Thu Feb 01, 2018 2:43 pm
They should leave the sale prices up like BaT does.
Copart doesn't save sales prices. Even if you bid on you lose the auction it won't tell you the final price. The other big auction iaai will tell you what you lost by so you actually know the sales price.
That $20,500 final bid doesn't include the fees which based on the selling price is $600-$1375 depending on the type of payment being secured vs unsecured. The winner has a virtual bid fee and a gate fee added to the price also. I bet the insurance company is happy with it's return.
Re: 98 Type R copart
Posted: Thu Feb 01, 2018 7:36 pm
by Stin1
Misterjew wrote: Thu Feb 01, 2018 10:49 am
Dave7CDMTYPER wrote: Tue Jan 30, 2018 10:08 pm
How can you tell what it sold for? When I clink on the link it just says "lot sold."
Stin1 wrote: Wed Jan 31, 2018 8:51 am
I saw yesterday listed as sold for $11300.
I watched the auction live. It sold for $20.5k before fees. There was 2 98 Type R's that sold in the last 2 weeks. This one which was sold with a "non-repairable" title. The other one was crashed in the front missing the front end and had a damage radiator support. That one sold for $11.3k but that one had a "rebuildable" title. I have the vin of the one that just sold and I will keep an eye out to see where it goes.
The pre-bid of the car before the auction started was I believe $12.6k and it just kept going back and forth between California and Colorado.
That is straight nuts . State Farm probably just made a profit off totaling that car. Aren't they the ones trying to offer 6k on the car that hit the bear ? My brother used to work for State Farm. He told me they define them as an economic total loss when the damage is to high vs value. Seems like they are offering very low value on these cars but are on to the value. Kind of shady for them to be still trying pay these cars out based on gsr values and set a reserve so high. Does anyone know if the " estimated value " is what they paid ?
Re: 98 Type R copart
Posted: Thu Feb 01, 2018 10:32 pm
by MadMax
Lturner wrote: Thu Feb 01, 2018 12:16 pm
The 98 with front end damage was for sale for 6k and they guy couldn’t sell it.
That car is for sale in NJ now, the guy is trying to get 16k with no repairs done. The car has salvage history and a JDM motor,