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NJ Blood Money Muscle car Auction: An Instant Hit! Posted by denislilleus in repossessed car auctions
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Tags auto auction websites in usa, Auto Salvage Auction, seized car auctions, seized car auctions in usa
Law enforcement authorities recently seized as many as nine American classic cars from David Nicoll, a classic car enthusiast who was arrested for operating a fraudulent medical company. These vehicles were sold at an auction in New Jersey. A few of the timeless classics that were showcased include a 1969 Chevrolet Yenko Super Camaro, a 427 COPO and a 1970 Ford Mustang Boss 429. The total value of these cars are pegged at around $5 million. According to reports, the auction received an astounding response from car enthusiasts. As many as 150 bidders from different parts of the USA congregated to participate in the bidding. These bidders, as expected, didn’t shy away from spending huge amounts of money on their chosen cars. The list of biggest spenders includes Rich Buzby who shelled out an eye-popping $347,500 for a 1971 Plymouth Hemi Cuda. Sales of other models like a 1970 Boss Mustang and a 1969 Camaro fetched $265,000 and $315,000 respectively. So what is it that attracts these car connoisseurs to the seized car auctions organized by salvage auction houses? The answer is the bundle of benefits that auction winners enjoy after winning their favorite car. Some of these benefits are: Owning a vintage car comes with the inherent feeling of pride that only a true admirer can understand. Driving any one of these machines instills in the owner a heightened sense of selfesteem. Everything about these cars, from the interiors to the classic design, have been attracting car lovers for decades. Most vintage cars use simple and easy to understand mechanisms. Also, the engines of these yesteryear cars use simple components. This effectively cuts the job at hand for technicians when restoring these vehicles. Also, most of the parts can be sourced from different vehicles which helps the owner save time and money.
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Classic cars are renowned for holding on to their value better than modern vehicles. Also, the spare parts of these vehicles are cheaper as compared to current models. A car built before 1/1/1973 and registered as a Historic good qualifies for a zero-rated road tax. This effectively transpires into huge tax benefits for the owner. There are a variety of other benefits associated with owning these beauties that only increases the popularity of these cars. Classic cars have always been the first choice of collectors and this fact is not going to change anytime soon.
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NJ Blood Money Muscle car Auction: An Instant Hit! Key Tips to Follow at an Online Auction Why Salvage Vehicles are Worth Buying The Simple Basics to Buy a Salvage Vehicle Buy salvage vehicles the smarter, more cost effective way
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NJ Blood Money Muscle car Auction: An Instant Hit! Key Tips to Follow at an Online Auction Why Salvage Vehicles are Worth Buying The Simple Basics to Buy a Salvage Vehicle Buy salvage vehicles the smarter, more cost effective way
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