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Weekly Repo #8 — August 2018 Recap

August 15, 2018 · Administrator

Our August 2018 event ran 48 lots with a 86% sell-through. Total hammer for the day: $607,648. Highlights inside.

Our August 2018 auction is in the books. Thank you to the bidders, the lenders, and the in-person crowd that turned out for the event.

By the numbers

  • 48 lots crossed the block
  • 86% sell-through
  • $607,648 in total hammer

Highlights from the floor

  • A low-mile 2016 BMW 3 Series that hammered at $18,900 after a brisk back-and-forth in the final minute.
  • A clean-title 2017 Audi A4 repo from the credit union floor — sold for $17,650.
  • A one-owner 2019 Tesla Model 3 clearing reserve at $32,900 with strong online bidding.

Plenty of strong inventory still on the floor for next month. The next catalogue is already filling up — register for a paddle and we'll see you next event.