At last count four cars from the Lambrecht Chevrolet Auction held last week, have surfaced on the Internet for resale. You had to figure some local shops would take advantage of their location and opportunity to flip a car. Of course all these cars are now prominently featuring their connection to the Lambrecht Chevrolet dealership, and sold through VanDerBrink Auctions.
Chevy’s Now for Sale
One seller found out that his 1969 Kingswood Station Wagon had too much rust in the frame to be unsalvageable. I’m guessing if the car had flat tires and laid down on the dirt, rust would be inevitable. Now is the time to see if someone needs just the parts and cut your losses.
A 1959 Chevrolet Bel Air is being offered with a $25,000 asking price. Good profit if it sells, since it was bought at auction for $18,000. It’s a cute car but when the seller/dealer advertises it as a 150/210 AND a Bel Air Hardtop I guess you’d have to do some more research.
A 1957 Chevy suffers the same identity problem, advertised as a 150/210 and Bel Air. So unless Johnny Cash had a hand in it, I’m guessing it is only one of those three models – and based on the VIN I’d wager it is the 210 sedan version with four doors, which is two doors too many for my taste.
Olds too!
And not just Chevy’s are being flipped. One seller is offering a 1964 Oldsmobile Jet Star 88 two door hardtop for sale. This seller cleared off some if the dirt and dust, but you can’t deny it is rough.
Lots of people have looked at these cars and the prices paid and scratched their head. The mileage is relatively low for fifty + year old cars, but they are in rough shape; even the “flippers†haven’t generally tried to start or verify the running condition. In this shape, you can try to get them in running condition and then enjoy the look and notoriety. But if you were planning on a full out restoration you better open that checkbook wide and start adding some zero’s, because lots of parts are missing and torn up.
Flipping Cars
I have mixed feeling on flippers. They serve a purpose and I’m all for making a buck. For someone who didn’t want to bid on line and couldn’t make it out to Pierce, Nebraska, they can still buy a rusty Chevy. I just think that these flippers needlessly raised the prices up and now need even more of a price increase in order to make a profit.
What do you think, are flipper’s a miracle or menace?
Photos courtesy of VanDerBrink Auctions