sellers

Bidding hit $3.6M for first edition 2023 Corvette Z06 at Barrett-Jackson auction Saturday. See other top sellers, too

By Betty C. Morrow 6 months ago

The first 2023 Corvette Z06 70th anniversary edition to roll off the retail production line went for $3.6 million on Saturday at Barrett-Jackson.

The weekends are always big for the annual auction in Scottsdale, but the chance to own the first 70th-anniversary edition of America’s sports car was sure to draw crowds. And have bidders reaching deep into their pockets for VIN 001.

The corvette was auctioned for charity, with all the proceeds benefitting Operation Homefront. Another $100,000 was donated to the cause, taking the total raised to $3.7 million for the charity that supports military families.

Rapper and singer Pitbull auctioned a car for charity. His 2022 Karma GS-6 went for $500,000 to benefit the SLAM Foundation and Selfless Love Foundation, two charities that help underserved youth. Plus, another $200,000 was donated to the charities.

Saturday’s top non-charity sale was a 2004 Porsche Carrera GT that went for $1.98

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New Automobiles, Used Vehicles, Automotive Sellers, Costs & Critiques

By Betty C. Morrow 9 months ago

Most of the adjustments occurring in the automotive market right this moment, together with tightened credit markets in a capital-intensive trade and elevated authorities involvement are the latest world challenges. Harley-Davidson is building some uncommon motorcycles today, however the model will all the time be identified for large, snug cruisers. Nothing else sounds just like the Harley-Davidson forty five-degree V-twin engines, and no other brand has as a lot historical attraction. But even ignoring the romantic lure of H-D bikes, the Avenue Glide works. It has trendy conveniences like a colour touch screen, push to begin, cruise management, and anti-lock braking that accounts for lean angle. The entrance and rear brakes are also linked, which helps the large bike come to a protected cease even in a panic situation. But the true attraction is the long, low design and torque-centered engine that keeps the Road Glide planted by means of … Read More

Sellers Earn Profit on Used Cars With Broken Engines, Frames

By Betty C. Morrow 1 year ago
  • A lack of supply of new vehicles pushed used-car prices to record highs in May.
  • The CEO of an online marketplace told Forbes he was paying a premium price for damaged cars.
  • “We’re making money on these because auction pricing is so intense and high,” he said.
  • See more stories on Insider’s business page.

It’s no secret that the used-car market has been bonkers lately, but demand has gotten so strong and supply so tight that one dealer said he was buying cars he previously never would have considered.

“We’ve been seeing things clear at 103%, 110% to MMR (Manheim Market Report)— cars that we bring in we would never sell that are damaged, like frame damage or need massive engine rebuild,” Toby Russell, a co-CEO of the used-vehicle marketplace Shift, said in an interview with Forbes published Tuesday.

“Normally we would lose a little money on that,

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New Cars, Used Cars, Automobile Sellers, Prices & Opinions

By Betty C. Morrow 2 years ago

Lots of the changes occurring within the automotive market in the present day, together with tightened credit markets in a capital-intensive industry and increased authorities involvement are the most recent global challenges. Go for a Volkswagen Polo Comfortline TSI. Excellent construct quality and safety. Tremendous enjoyable to drive. An ideal infotainment system (not a touchscreen tho). Good boot house. The proper dimension for Indian roads. Total, an ideal car for its value. (not like Maruti Suzuki, that are toycars). In the following 5 chapters, you will quickly find the 24 most essential statistics regarding “Automotive trade in the Philippines “.

One other fantasy about lithium batteries is that they’re less proof against parasitic drains, reminiscent of an alarm system. Once more, this comes from the era before lithium BMS have been widespread. Usually, the alarm or one other accent would completely drain the battery, and the owner would not notice … Read More