stakeside Posted October 23, 2019 Share Posted October 23, 2019 OVER 100 VEHICLES TO BE AUCTIONED THIS SATURDAY. WHAT A COLLECTION. PERVIOUS OWNER GOT CAUGHT BY FEDS. CHECK IT OUT. . https://www.appletowing.com/auctions Link to comment Share on other sites More sharing options...
Brooklyn Beer Posted October 24, 2019 Share Posted October 24, 2019 why is a towing company running a federal auction ? Link to comment Share on other sites More sharing options...
1939_Buick Posted October 24, 2019 Share Posted October 24, 2019 15 hours ago, stakeside said: OVER 100 VEHICLES TO BE AUCTIONED THIS SATURDAY. WHAT A COLLECTION. PERVIOUS OWNER GOT CAUGHT BY FEDS. CHECK IT OUT. . https://www.appletowing.com/auctions Same as this existing thread https://forums.aaca.org/topic/335342-gigantic-government-auction-in-sacramento-area-on-october-26/ Link to comment Share on other sites More sharing options...
John_Mereness Posted October 24, 2019 Share Posted October 24, 2019 Not that there is anything wrong with a towing company running government auctions, but for maximization of dollars (which I assume to be maximization of taxpayer dollars or reparations for people harmed in X way), the company handling is not particularly geared for these types of car. I handled a large collection in bankruptcy and we developed a strategy specific to each car and added close to 1MM net to the total collected for reparations (just takes strategy and someone willing) Link to comment Share on other sites More sharing options...
JACK M Posted October 24, 2019 Share Posted October 24, 2019 2 hours ago, John_Mereness said: Not that there is anything wrong with a towing company running government auctions, but for maximization of dollars (which I assume to be maximization of taxpayer dollars or reparations for people harmed in X way), the company handling is not particularly geared for these types of car. I handled a large collection in bankruptcy and we developed a strategy specific to each car and added close to 1MM net to the total collected for reparations (just takes strategy and someone willing) But this is the government. Kinda famous about not knowing economics. Link to comment Share on other sites More sharing options...
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