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Deals and Appeals => Up For Auction => Topic started by: silverton_ford on March 26, 2026, 04:34:26 PM

Title: 9F02R482493 on Copart
Post by: silverton_ford on March 26, 2026, 04:34:26 PM
https://www.copart.com/lot/78519345/salvage-1969-ford-mustang-shelby-gt500-fl-punta-gorda?fbclid=IwY2xjawQycbRleHRuA2FlbQIxMABicmlkETFRWFJFcE55ZDFTaWs5Y0h5c3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHoTbboanKLTY3NX9w4obxM8VcVbWLCP3RPtxdlsGH97uLiSu8DeRIV-ufhEZ_aem_JLMfoLnivctciHTy7KZziA (https://www.copart.com/lot/78519345/salvage-1969-ford-mustang-shelby-gt500-fl-punta-gorda?fbclid=IwY2xjawQycbRleHRuA2FlbQIxMABicmlkETFRWFJFcE55ZDFTaWs5Y0h5c3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHoTbboanKLTY3NX9w4obxM8VcVbWLCP3RPtxdlsGH97uLiSu8DeRIV-ufhEZ_aem_JLMfoLnivctciHTy7KZziA)

Bidding ends March 31, 2026 7:00AM PDT
Title: Re: 9F02R482493 on Copart
Post by: Coralsnake on March 26, 2026, 04:43:19 PM
Wow, that's totaled?  I don't understand?
Title: Re: 9F02R482493 on Copart
Post by: J_Speegle on March 26, 2026, 04:56:49 PM
Not that it's any of our business but wonder what the cash out value to the owner was?
Title: Re: 9F02R482493 on Copart
Post by: silverton_ford on March 26, 2026, 05:11:34 PM
A few more images from the website.
Title: Re: 9F02R482493 on Copart
Post by: pbf777 on March 26, 2026, 05:22:58 PM
      I'm guessing the previous owner must have had a "really big" declared value on the insurance policy and just decided to take the money and run?   :-\

      Scott.
Title: Re: 9F02R482493 on Copart
Post by: Krelboyne on March 26, 2026, 08:42:37 PM
Maybe the damage is all underneath?
Doesn't look like any flood damage or biohazard either.
In a long ago previous life, I was a insurance claims adjuster. Rule of thumb back in the 1980's was 75% of the actual cash value (ACV).
Maybe Tim L. will come along and give a guesstimate for repairs in his shop?
Title: Re: 9F02R482493 on Copart
Post by: SCJSTU on March 26, 2026, 08:52:00 PM
Wow, sad thing is now it will have a salvage title
Title: Re: 9F02R482493 on Copart
Post by: 69 GT350 Vert on March 26, 2026, 09:41:32 PM
Wow. It's 30 minutes away from me.  I might go look at it.
Title: Re: 9F02R482493 on Copart
Post by: TLea on March 27, 2026, 03:30:51 PM
So totaling the car used to be 70% but nowadays it's more like 50%. Figure the cost repair is way less than that so my hunch is it's a recovered theft that the insurance company paid out on as total loss and then the car was recovered later and went to the insurance company.
Title: Re: 9F02R482493 on Copart
Post by: TLea on March 27, 2026, 03:31:53 PM
Not sure why they assigned a salvage title to it other than possibly flood damage
Title: Re: 9F02R482493 on Copart
Post by: 5s386 on March 27, 2026, 09:18:08 PM
For sale in Mankato, MN. on Ebay May 2012. Dealer claimed matching #'s, older rotis restoration. Reproduction door tags. Decent driver.
Title: Re: 9F02R482493 on Copart
Post by: azdriver on March 30, 2026, 04:28:14 PM
This auction has restarted? Bid was $52k now says its $2250 with 14 days to go..??

Pat
Title: Re: 9F02R482493 on Copart
Post by: Coralsnake on March 30, 2026, 04:50:48 PM
😲
Title: Re: 9F02R482493 on Copart
Post by: Don Johnston on March 30, 2026, 05:16:51 PM
Current is at $28,250.  Stated estimated retail value:$155,00.  Is that restored or in current messed up condition? 
Title: Re: 9F02R482493 on Copart
Post by: Bill on March 31, 2026, 08:17:19 AM
Quote from: azdriver on March 30, 2026, 04:28:14 PMThis auction has restarted? Bid was $52k now says its $2250 with 14 days to go..??

Pat

Last time I heard of this happening (on a Pantera after Hurricane Sandy, also Co-part), it was due to some bidders not being able to be confirmed (financially). Stop the auction, remove all the bids, restart the auction.
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