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Braukuche
Samba Member
Joined: September 03, 2004
Posts: 11005
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 Posted: Wed Apr 16, 2014 1:56 pm Post subject: So you think buses might go down in price? S. CA auction |
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Went to my first and probably last auction today. Not one of those Big Barrett Jackson trailer queen ones, but a local auction of Marshal service seizure vehicles. The feature stars of the show were five split window buses seized from the same shop. The auction was advertised on the local Craigslist, but it attracted outsiders. Present were guys off the radar who haunt the local CL looking for a bus for themselves and have no clue on values, local guys with buses but looking for a deal, LA, Orange, Nor Cal and even the dreaded European flippers and restorers some with very familiar faces seen often at OCTO, etc.
Here were the vehicles and what they went for. Hope you are sitting down:
1967 13 window, walkthru with front seats, no rear or middle, glass missing engine in the cargo area, bumper blades, pretty dry otherwise, stock rear end, crappy new paint and bad, bad bodywork, $12500.
1967 21 window, no seats, bench, IRS rear end, no glass, bumper blades, fiberglass repair to outer floor, some rot around skylight windows, pretty dry other wise, crappy paint and body work, basically needs full restoration (all of them did), rotted missing belly pans, think the top mechanism was missing, $22,000
1966 21 window, painted over rust everywhere, piles of bondo,, had top mechanism, had glass but was a mixed set, no seats, bulk head hacked out, rusty floors, belly pans rotted out, $18k
1964 11 window, pretty dry and solid, crappy bad paint and body work, solid floors, gutted, had glass and one front seat, $12,000!
1958 23 window, lot of rust cut out so floor missing, corners, front valance lower nose, had belt trim, nice chromed spoons, lots of Gerson, Autocraft structural repair pieces, ROACHED roof, rust holes everywhere, 36hp inside, roached front doors, no bumpers, IRC, sold for $18,700. Same dude bought all three sunroof deluxes.
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Go Reds! Smash state!
Retirement is here!
1956 Ghia
1959 SO-23 Westfalia
1960 double cab
1960 Baja Bug
1963 stretched double cab
1962 Golde sunroof Ghia
1963 356 B coupe
1963 Notchback
1967 21 window less rusty now |
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totemwesty
Samba Member
Joined: February 17, 2009
Posts: 134
Location: Bend, Oregon
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| Posted: Wed Apr 16, 2014 2:04 pm Post subject: |
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Thanks for posting, interesting the shop had 5 seized. Do you know what buyer gets as a title for seized vehicles?
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"I set sail for the new world, then I burned down the mast.... It wasn't the first time, and I know it wont be the last..." Bloodkin
'67 Westy Pop Top |
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Braukuche
Samba Member
Joined: September 03, 2004
Posts: 11005
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| Posted: Wed Apr 16, 2014 2:33 pm Post subject: |
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| totemwesty wrote: |
| Thanks for posting, interesting the shop had 5 seized. Do you know what buyer gets as a title for seized vehicles? |
That was another thing, you get title from the Federal Government, but if there is no VIN plate (which was the case with some) it might get "blue titles" which means apparently that the DMV issues a new VIN. Some people there thought it would ruin the value of some of the buses, but the buyers didn't seem put off.
_________________
Go Reds! Smash state!
Retirement is here!
1956 Ghia
1959 SO-23 Westfalia
1960 double cab
1960 Baja Bug
1963 stretched double cab
1962 Golde sunroof Ghia
1963 356 B coupe
1963 Notchback
1967 21 window less rusty now |
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Ran When Parked
Samba Member
Joined: September 26, 2013
Posts: 781
Location: Birmingham, AL
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| Posted: Wed Apr 16, 2014 4:42 pm Post subject: Thanks |
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| Thank you for posting. |
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BerylGreen63
Samba Member
Joined: July 17, 2010
Posts: 392
Location: San Diego
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| Posted: Wed Apr 16, 2014 4:52 pm Post subject: |
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| I was following this on Facebook waiting to see if anybody was gonna say something about it over here. I almost went down there today myself just to see the circus. That 58 didn't look that bad in some of the pics I saw but I didn't see it in person. Some people sure enjoy spending their money |
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UZI
Platinum FUBU
Joined: February 08, 2002
Posts: 13335
Location: phila-DELFT-ia
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| Posted: Wed Apr 16, 2014 5:27 pm Post subject: |
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quick in my head math comes up with over $84K for a bunch of marginal vehicles.
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Extravagant Lifestyle
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EverettB 
Administrator
Joined: April 11, 2000
Posts: 69835
Location: Phoenix Metro
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Douglas Denlinger
Samba Member
Joined: May 23, 2003
Posts: 1382
Location: Arizona's version of the east coast
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| Posted: Wed Apr 16, 2014 6:03 pm Post subject: |
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So all of the "players" were there and no pictures  
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Transporter Restorations
Upholstery Haus
Active 23 Window Samba Collector/Restorer,since 1986 |
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CaLiBus
Samba Member
Joined: May 27, 2011
Posts: 1097
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| Posted: Wed Apr 16, 2014 6:21 pm Post subject: |
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| Was this auction at a shop over in Santa Ana? RIP Bob's place? |
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Rich's 50
Samba Member
Joined: February 18, 2004
Posts: 10781
Location: San Diego, CA
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| Posted: Wed Apr 16, 2014 7:07 pm Post subject: |
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| UZI wrote: |
| quick in my head math comes up with over $84K for a bunch of marginal vehicles. |
You ready? |
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BerylGreen63
Samba Member
Joined: July 17, 2010
Posts: 392
Location: San Diego
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cbaucom1
Samba Member
Joined: May 01, 2009
Posts: 163
Location: Wilmington
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| Posted: Wed Apr 16, 2014 8:51 pm Post subject: |
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| It's funny how people, when they are bidding against each other they will pay more than a car is worth, just to not see the other guy get it. |
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cherise1967
Samba Member
Joined: October 21, 2013
Posts: 65
Location: United States
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| Posted: Wed Apr 16, 2014 9:35 pm Post subject: |
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| hard to judge from the pictures... they dont look too bad in them but in person can be very different.... have seen worse go for way more than i would ever pay! |
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EverettB
Administrator
Joined: April 11, 2000
Posts: 69835
Location: Phoenix Metro
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delx23
Samba Member
Joined: November 15, 2002
Posts: 134
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| Posted: Thu Apr 17, 2014 12:55 am Post subject: |
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I remember some of those cars in same conditions of the pictures,
posted here in the classified for high $$ around 1 year ago .. |
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Vintagespeed
Samba Member
Joined: October 01, 2005
Posts: 579
Location: Westerlo (Belgium)
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| Posted: Thu Apr 17, 2014 1:47 am Post subject: |
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| Tot answer your question. As long as there remains a big demand and busses are popular, the prices wont come down. Many start out with a cheaper bug but once they have kids and more cash available busses seem very practical and appealing. Seen it a lot here in Europe. I kind off went the same way back in 2007, after owning several bugs. I have 2 split busses now and love em. |
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Malokin Martin
Samba Member
Joined: August 19, 2007
Posts: 3100
Location: E-burg
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| Posted: Thu Apr 17, 2014 7:07 am Post subject: |
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| Vintagespeed wrote: |
| once they have kids and more cash available busses seem very practical and appealing. |
Oh really? |
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Braukuche
Samba Member
Joined: September 03, 2004
Posts: 11005
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| Posted: Thu Apr 17, 2014 8:40 am Post subject: |
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Some of them were quite solid, the 11, 13 window and one of the 21s was not too bad. But, they were pretty much missing everything and you know how expensive that gets. Plus the paint and bodywork were so bad you would have to take them down to metal. I did do a search on this site for what you can get for the money that was thrown down there and if anything I think they overpaid, but not by much. 12k these days does not get you much, but at least it gets you a complete and running bus.
_________________
Go Reds! Smash state!
Retirement is here!
1956 Ghia
1959 SO-23 Westfalia
1960 double cab
1960 Baja Bug
1963 stretched double cab
1962 Golde sunroof Ghia
1963 356 B coupe
1963 Notchback
1967 21 window less rusty now |
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KombiMarc
Samba Member
Joined: January 29, 2010
Posts: 431
Location: Phoenix, Az
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| Posted: Thu Apr 17, 2014 9:52 am Post subject: |
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IMHO I dont see asking prices dropping too much. Everyone that has been purchasing last several years at higher prices will not sell them for less than they paid typically, so asking prices will stay high, but actual negotiated prices, will always be different. depends on someones circumstatnce and need to liquidate.
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Thanks Marc
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'65 Type I
'65 Type II Kombi Rebuild Thread
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OB Bus
Samba Member
Joined: February 09, 2003
Posts: 2543
Location: Ocean Beach in Beautiful BLUE California
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| Posted: Thu Apr 17, 2014 10:39 am Post subject: |
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Thanks for your scouting report Dan. I was thinking about going down there but too much life got in the way.
From what I have seen lately prices and still rising. Fast. At least in the single cab arena.
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Larry in OB
Stop dead photo links! Post your photos to The Samba Gallery!
69 Westfalia and 2002 Eurovan Camper. |
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