Shopping for a Wreck - Update 2

By Mike Hillyer | Related entries in Automotive, Spend Less

Oh the sheer and utter agony of it all…

So, to continue our story, it’s 10:30 this morning and I haven’t heard from the loan guys, the auction closes soon, and I still don’t have money to back a bid. At 10:40 with 20 minutes and counting I get through to the loan guys… I’m not approved for a loan.

Well, that’s life. I’m out of time and don’t have the money needed to bid on the van. There is no shortage of vehicles moving through the auction, so I know there will be other vehicles, other chances. I don’t put a hail-mary bid on the van like I did on the Expedition, I figure this one will go pretty high.

Now for the agony part: in order to do this follow-up post properly, I call the towing company and ask what the van actually went for, just to see if I would have won had I put up my intended bid. What do I find out? There were no bids on the van! I could have made the minimum $75 bid in desperation and walked away with a $12,000 vehicle.

Once I finish kicking myself volunteers can feel free to line up and take a swing.

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This entry was posted on Friday, April 29th, 2005 and is filed under Automotive, Spend Less. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

9 Responses to “Shopping for a Wreck - Update 2”

  1. Rockster Says:

    At least you learned something: from now on you will always put a minimum bid on any vehicle you’re interested in…

  2. Mike Hillyer Says:

    Absolutely. It is so odd that after putting in a longshot on the Expedition I failed to put one in on the van. I think I was just resolved to my fate on the van.

  3. Grammar Freak Says:

    Try “resigned to my fate”:
    resolved to fate vs. resigned to fate
    The collective wisdom of Google has spoken.

  4. Mike Hillyer Says:

    Wow, there’s a grammar mistake I’ve never made before, thanks for pointing it out.

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