09 JK $13,600

Sir Sam · August 10, 2009

$13,600 Clean title, minor damage:

http://ww4.klode.com/kws/napplications/ ... Exit=Close

Eagle · August 10, 2009

What a bunch of maroons.

Primary damage listed as left side, but the right side is completely destroyed.

We offer no guarantee that a vehicle noted as a drive through vehicle will actually be put through our drive through auction.

Translation: We'll tell you it drives, but we might be lying, and it's your problem if we lie to you not ours.

Title status: Good title

Except:

Status: Insufficient Title Work

Translation: See above

Sir Sam · August 10, 2009

What a bunch of maroons.

Primary damage listed as left side, but the right side is completely destroyed.

We offer no guarantee that a vehicle noted as a drive through vehicle will actually be put through our drive through auction.

Translation: We'll tell you it drives, but we might be lying, and it's your problem if we lie to you not ours.

Title status: Good title

Except:

Status: Insufficient Title Work

Translation: See above

They process about 1000 vehicles a week, clerical error does not concern me(I don't even look at the damage note).

Vehicles are sold as is. Standard disclaimer for them.

Insufficient title work doesn't mean anything, its an internal note for them that usually gets cleared once the title has been received from the state.

Pretty harsh on them huh?

Eagle · August 10, 2009

Sam, I have attended real car auctions where they process 1000 vehicles in an afternoon. I have never heard of or seen any idiocy such as "Drive through does not necessarily mean the vehicle can be driven, or even that it will start." At the real auctions, if it doesn't start and can't be driven to the auction lane ... it doesn't get auctioned, it gets sold as scrap.

IMHO 5 grand is a lot to pay for scrap.

"Minor damage"? Look at the photos of the right rear corner.

dakal · August 10, 2009

x2

mnkyboy · August 10, 2009

Damage doesnt look that bad.

I have bought about 30 cars at "real auctions" and have worked for auto wholesalers who deal in auction cars,I have also had friends and relatives that have worked at car auctions. Every auction house runs things different,its common to push a car across the line. Some auctions if it starts at all it runs and if it will move forward and back a few inches it drives.

Ive never been to any auction that scrapped a car because it didnt run.

Eagle · August 10, 2009

Ive never been to any auction that scrapped a car because it didnt run.

The auction doesn't scrap it. It isn't theirs to scrap. The dealer/owner scraps it, because he doesn't want to be bother repairing it.

I have been to auctions where there's a corner for non-running vehicles. I have never herd of a vehicle that won't start and can't be driven through the lane described as "drivable."

Sir Sam · August 10, 2009

Sam, I have attended real car auctions where they process 1000 vehicles in an afternoon. I have never heard of or seen any idiocy such as "Drive through does not necessarily mean the vehicle can be driven, or even that it will start." At the real auctions, if it doesn't start and can't be driven to the auction lane ... it doesn't get auctioned, it gets sold as scrap.

IMHO 5 grand is a lot to pay for scrap.

"Minor damage"? Look at the photos of the right rear corner.

Dude, this is a "real auction." 958 units auctioned today.

They also have a disclaimer that the vehicle is sold as is. Would you also say that is some sort of idiocy. Many times the battery will be mostly charged or fully charged when it comes in, but after sitting around for a few months it will drain down nearly dead. This was the case with my yellow XJ when it went to auction. Original battery, 6 years old, they would jump start it and try to let it idle and it would die. They ended up having to get guys to push it out of the sale area when the bidding was over.

This auction has both drive through units and non-drivers.

Also, when I posted this last night I looked at the wrong line, the unit above it sold last week. This one sold day for $13,600.

And yes that is minor damage. I think by most peoples definition it is.

Please don't presume to tell me anything about this auction when you have never been there, or know how any of the process works.

mnkyboy · August 10, 2009

Ive never been to any auction that scrapped a car because it didnt run.

The auction doesn't scrap it. It isn't theirs to scrap. The dealer/owner scraps it, because he doesn't want to be bother repairing it.

I have been to auctions where there's a corner for non-running vehicles. I have never herd of a vehicle that won't start and can't be driven through the lane described as "drivable."

the dealer/owners usually run them through and the wholesalers buy them.

I used to work for a company that pretty much only bought non running cars from dealer auctions.they would bring them to the shop we would repair them and they would drive them through the auction the next week selling them to the larger dealerships for more money.They had no car lot and sold nothing to the public.

there are also alot of places that do the same thing with wrecked cars but they usually get them at insurance auctions. Like this jeep we are talking about,someone will buy it repair it for next to nothing then you will find it on a lot at full retail.

Sir Sam · August 10, 2009

there are also alot of places that do the same thing with wrecked cars but they usually get them at insurance auctions. Like this jeep we are talking about,someone will buy it repair it for next to nothing then you will find it on a lot at full retail.

Hi, that would be me.

mnkyboy · August 10, 2009

there is good money in it if you play the game right.

87Warrior · August 11, 2009

Hey Sir Sam,

Can you tell me how the Klode Auctions work. For example, I searched the site and found a vehicle of interest. I read the buyers information. Looks like a single day buyers fee and good faith deposit ($2K) is required. From there I am a little hazy. Is it required you attend the auction, or is there an online bid option? I see they have vehicles with out a scheduled auction date? How long are they typically in holding? Are most sales done in Littleton? Or do the Montrose and Casper facilities sell as many vehicles? Is there any way to know what vehicles might be up for auction say, in 3 weeks? How much, compared to KBB, do the vehicles typically sell for?

As you know, I am actively searching for a donor XJ for my MJ. Say I am interested in purchasing This XJ. What would you say this rig might go for at the Klode auction? Would it be best to do the online stuff or in person (I am about 7 hours away).

I purchased my TJ through an insurance auction via a family friend who is a dealer. Told him how much I was willing to pay and he placed the bid. But they also had a live auction. My top dollar bid was the winner and I drove to Kalamazoo MI to pick up the Jeep. Is this how the Klode system works?

Sorry for the silly questions, I am just curious about this now. Thanks for the help.

Sir Sam · August 11, 2009

Hey Sir Sam,
Can you tell me how the Klode Auctions work. For example, I searched the site and found a vehicle of interest. I read the buyers information. Looks like a single day buyers fee and good faith deposit ($2K) is required. From there I am a little hazy. Is it required you attend the auction, or is there an online bid option? I see they have vehicles with out a scheduled auction date? How long are they typically in holding? Are most sales done in Littleton? Or do the Montrose and Casper facilities sell as many vehicles? Is there any way to know what vehicles might be up for auction say, in 3 weeks? How much, compared to KBB, do the vehicles typically sell for?

As you know, I am actively searching for a donor XJ for my MJ. Say I am interested in purchasing This XJ. What would you say this rig might go for at the Klode auction? Would it be best to do the online stuff or in person (I am about 7 hours away).

I purchased my TJ through an insurance auction via a family friend who is a dealer. Told him how much I was willing to pay and he placed the bid. But they also had a live auction. My top dollar bid was the winner and I drove to Kalamazoo MI to pick up the Jeep. Is this how the Klode system works?

Sorry for the silly questions, I am just curious about this now. Thanks for the help.

Single day must bid in person. Registered bidders can bid online, in person, or via online proxy bid.

Typically in holding from 3-6 months. Most sales done in littleton. Registration with klode allows you to bid at all locations. Values vary too wildly compared to KBB to give an overall % less than BB.

That particular unit is very clean and will likely be bought to be resold. I would imagine it will sell for 2.5-3.5k Depending on what you need for a donor vehicle there are others much cheaper.

Here are some price points for you to consider:

$1850:

http://ww4.klode.com/kws/napplications/ ... Exit=Close

$3450:

http://ww4.klode.com/kws/napplications/ ... Exit=Close

$3600:

http://ww4.klode.com/kws/napplications/ ... Exit=Close

$3800:

http://ww4.klode.com/kws/napplications/ ... Exit=Close

$3200:

http://ww4.klode.com/kws/napplications/ ... Exit=Close

$1400:(but with a good title it would make more financial sense to spend $200 and repair it, then resell for a few grand profit)