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DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-24-08 05:25 AM
Original message
GM to auction off parts of car collection
Sprinkled in among the resto-mods, classic cars and a Ford Tri-Motor airplane that cross the block at the Barrett-Jackson auction in Scottsdale, Ariz., in January will be some pieces of General Motors history.

GM is sorting through the more than 1,000 vehicles in its Special Vehicle fleet at its private Heritage Center in suburban Detroit, looking for duplicates and little used vehicles to sell.

GM hasn't finalized the list of vehicles to be sold, says Tom Freiman, manager of the Heritage Center. A list of sale vehicles posted on the Internet is not accurate, he adds. GM won't get rid of anything that is one of a kind or is a milestone for the company, Freiman says.

And not all the vehicles will be sold next month. GM is also sending some heritage vehicles to Barrett-Jackson's auction in Palm Beach, Florida, in April.

The vehicles to be sold are ones that have been little used at the Heritage Center or were created for special events, such as the Specialty Equipment Market Association aftermarket show in Las Vegas, Freiman says.

GM has been working with Barrett-Jackson during the past five years to sharpen the focus of its collection, Freiman says. GM sometimes buys significant cars at the auction to add to its collection.

http://www.autonews.com/apps/pbcs.dll/article?AID=/20081223/ANA08/812239984/1132

http://www.barrett-jackson.com/application/search/carlist.aspx?&In_Day=Tuesday
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MadHound Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-24-08 08:11 AM
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1. Shame I don't have a few hundred thousand dollars to drop
Instead, the rich and well off will snap up this buying opportunity. That is what a recession/depression is to the rich and well of, nothing more than a buying opportunity. Sure, they take a bit of a hit, but in the long run they more than make up for it as the investments they buy now seriously appreciate in value over the next ten-twenty years.
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-24-08 08:15 AM
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2. You will see prices drop like a stone at this year's Barrett-Jackson
This is the sort of shit that falls apart first.
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DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-24-08 08:55 AM
Response to Reply #2
4. I don't know if that's true. They ARE SOLD OUT no TICKETS AVAILABLE
Could be a lot of stuff available that may not have been available before.
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JNelson6563 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-24-08 08:15 AM
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3. That's really too bad.
This is selling history, the heritage of those who designed and built those cars. As a motorcity girl whose dad worked for GM his whole career I see this as a sad thing.

Julie
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DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-24-08 08:56 AM
Response to Reply #3
5. They aren't selling the historic pieces
check the listing at B-J, a lot of recent items that were probably car show/displays/executive toys.
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