stakeside

Classic car auction in Sacramento CA

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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/

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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)

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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.

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