I don't think you get a full tax writeoff when you bid on an item. It's not a pure donation. If the market value of the car is $60k then the writeoff would only be $40k.What I think Jeff is trying to say is that someone forked out $100k for a tax write off. And now they have a nice car to show for it. Drivers side pipe was way too low. In a hard left turn, that thing may turn into a sparkler.
Vanguard always lists them high. The "live build" Coupe that we built at SEMA 2018 sold at Barrett-Jackson Scottsdale in 2019 for 75K---to Vanguard. They took it back to Michigan and put it on their floor for $130,000. Don't know what it ultimately sold for but I'm sure they made a tidy profit!Vanguard often has some cool cars but I was on the site a few days ago. Was surprised to see a factory five for 99k but also their entire inventory is out of control. EVEN in this crazy market right now, Vanguard has ho hum average cars with low but not crazy low mileage going for stupid money.
An 87 mustang LX 5.0 with 34,000 miles for $45k
An 89 thunderbird supercoupe with 37,000 miles for $35k
91 f150 with 22,000 miles for $60k
the market is high on everything right now, but even in this market those prices are not just out of line, they’re insane