Putting State Cars on the Auction Block

Auctioneer: ’98 state trooper car who’s got $1,000 on it? $500, $600? $500 on a bid now 6, can I get a six can I get a six, seven hundred? Sold at $700. Bobby McNeil: I feel great about my purchase. I paid a total of $2825 for the vehicle. It’s a very stiff competition out there you know. People see what they want and I guess it’s a game you know. People play it but I think I got into the crowd out there and they wanted me to get this one. [Crowd Cheering] Governor Corzine: One of the things we’ve tried to do is make sure we’re most efficient in how we use our auto fleets. They’re reduced since I’ve been Governor almost 1,000 cars it’s about 890 or some specific number of reduction in the number of cars we’re using. That means we’re buying less gas, it also means we’re getting rid of the clunkers that are environmentally not sound and waste a lot of gas. Jake Olearchik: We usually run about 110 cars a sale and we’re here on a Saturday usually maybe four hours and make a good chunk of money. And it’s been above average because the used car market went through the roof lately, so you’re talking 25% above average that we’re making right now. Governor Corzine: Is that right? Used car markets better than… Jake Olearchick: Yeah, it’s actually better than the new car market. We get a vehicle in and if it needs a headlight or something we’ll take it off a vehicle that’s wrecked and actually complete the car so it’ll bring more money. Governor Corzine: Most of these things have over 100,000 miles on them? Jake Olearchik: Yeah, but they’re maintained. You know State Police pull their cars in once a month and maintain them. Motor pool… every eight months. Off screen official: You interested in a car? Governor Corzine [laughs] no. Jake Olearchik: and junk. Look at all the wrecked stuff we’re selling. Governor Corzine: And where will you sell those to? Jake Olearchik: to cab companies, we sold a totally wrecked Durango and got $4800 for it. Auctioneer: We got a Volvo. Auction Customer: I purchased the Volvo, 1999 with what I think is semi low mileage and I paid probably more than I should have but still a good deal $5,100. I like to come down. I always watch the website to see what’s on every single month and they do an excellent job with listing everything accurately. I did a little bit of research so maybe I saved $900 or more on the car, but I did want a Volvo. Jake Olearchik: On an average sale we’re gaining $150,000 to $160,000 a sale a month. I mean it’s ama.. I’m amazed. I’m amazed.

Leave a Reply