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Auction in Indiana

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  #16  
Old 09-13-2010, 05:28 PM
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Originally Posted by 51PanelMan
Just curious, what do you think was the average age of the bidder at the auction?



Old.... there was nobody there that was my age... the only thing I bought was an 87 olds cutlass supreme with a mean 350!
 
  #17  
Old 09-13-2010, 06:08 PM
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Thanks, Jordan. So, most of the bidders were retirees that have money to spend. Reinforces a conversation that Bob and I had sometime ago about auctions and money spent there.
 
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Old 09-13-2010, 08:14 PM
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95 % of the money that was spent was old money. i am sure of it. These people really went nuts which was great for my grandad
 
  #19  
Old 09-14-2010, 10:56 AM
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I am a relatively new member here. I believe that this is a great forum for "we" Ford truck lovers. I have had business dealings with Terry Gunter and can say from personal experience that he is a gentleman with great integrity and he is an honorable man. I think that it is great that he ended up with the truck regardless of the price. I currently have four 1/2 ton M-H trucks, one of which I recently purchased from Terry that will start it's restoration this winter.

Congratulations Terry!, and thanks for furthering a wonderful marque and a great hobby!
 
  #20  
Old 09-14-2010, 11:16 AM
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WOW, Terry's a great guy. Thanks for the endorsement.

Acworth? Acworth where? I love it when an eBayer is elusive about their location.

BTW, the only city named Acworth I found in quick Google search was in GA.
 
  #21  
Old 09-14-2010, 11:25 AM
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We're not ragging on Terry, just on the fact that there's likely no profit left in that truck if he bought it with the intent on making money. Who knows, he may have decided that he doesn't need another truck after he brought it home.
 
  #22  
Old 09-14-2010, 11:28 AM
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Originally Posted by 51PanelMan
Who knows, he may have decided that he doesn't need another truck after he brought it home.
Ilya, if that's the situation I'd think someone would have thought about that long and hard before dropping $25K.
 
  #23  
Old 09-14-2010, 11:39 AM
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Originally Posted by bobj49f2
Ilya, if that's the situation I'd think someone would have thought about that long and hard before dropping $25K.
Auction fever took over. Maybe it was an ego thing??? No one, but Terry, knows why he bought the truck.

I think it was $27k.
 
  #24  
Old 09-14-2010, 11:43 AM
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I would have starting thinking quite a bit at $2700, but that's just me, I don't even have $27 in my pocket.
 
  #25  
Old 09-14-2010, 12:10 PM
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Originally Posted by BlueOvalMH
I am a relatively new member here. I believe that this is a great forum for "we" Ford truck lovers. I have had business dealings with Terry Gunter and can say from personal experience that he is a gentleman with great integrity and he is an honorable man. I think that it is great that he ended up with the truck regardless of the price. I currently have four 1/2 ton M-H trucks, one of which I recently purchased from Terry that will start it's restoration this winter.

Congratulations Terry!, and thanks for furthering a wonderful marque and a great hobby!
Welcome. Great to have another MH guy hanging around. Four half tons, wow. I'd love to see pics. Of course, if yours are like mine they aren't much to look at. I assume you and Chuck are acquainted. Hope too that you and Mark Mossell are acquainted. He's putting together a MH registry. If you've not connected with Mark I'll see if I can have him drop by here and say hi.

As for Terry and the '52 from the auction, it's really nobody's business what his reasons are for listing it on eBay. It's his, and this is America. Stu
 
  #26  
Old 09-14-2010, 12:34 PM
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I never insinuated that anyone was "ragging" on Terry. My comment was just a stark opinion of my personal feelings for Terry.

I am familiar with Chuck, he as well has always been helpful to me. We seem to sometimes cross "swords" at various auctions here in the New England area. It is all part of the fun of this hobby.

I am not familiar with Mark Mossell, would anyone know how to get in touch with him?

You are correct, some are not pretty to look at. I found a 1942 M-H 1/2 ton in Mexico that looks like it went through the Mexican war. I have accumulated all of the "replaceable" sheet metal parts and will put it back together. We did get it running and it is surprisingly very tight.
 
  #27  
Old 09-14-2010, 01:03 PM
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I'll email Mark here shortly and ask him to check in. I suspect you've found like me that these trucks led a much harsher life than did most normal trucks. Finding trucks, parts, and service at Chuck's has taken me across the country, but never to Mexico.

Like you I've been gathering new pieces to do the job right. My V8 F-3 is in pieces and was so bad it will require a donor truck to again be whole. The I-6 truck will probably be the first to get put straight, then I have a half ton that will get its turn. Again, welcome and hope to hear more from you here. Stu
 
  #28  
Old 09-20-2010, 11:52 AM
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I just checked on the eBay auction, I'm not watching it like a vulture I just happen to check my watch list and it was toward the top. There's a BIN of $29K, I don't think this was listed when the auction was originally posted. That's only $2K more than his winning bid, which I would assume didn't include taxes, I don't know, but that's not a lot of profit, if any at all. It kind of tells me he might have bid on something he wants to unload ASAP, just my thoughts.
 
  #29  
Old 09-20-2010, 01:58 PM
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The auctioneer stated quite clearly that there would be no taxes or buyer's fees charged to buyers present at the sale, so $27K is what he paid for it. He would have to pay taxes in his state if he tries to register it, though. So let's see - If he is in fact from Georgia, he had to pay for fuel to come up here and fuel to pull it home plus food and at least two nights in a motel. That adds an easy $500 to his costs. By the time eBay gets done raping him, he's just about breaking even at $29K. I bet that he (or his wife) had a change of heart.
 
  #30  
Old 09-20-2010, 02:05 PM
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Two words: "auction fever".
 


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