Junk cars for 28 mill USD the Rudi Klein sale a quick overview of the prices

[@soxgopro5552]

Scrap metal prices are getting crazy.

[@dannyzuehlsdorf3697]

"Ball of twisted metal with a Ferrari logo: $145,000 -- SOLD!" You have got to be $hitting me.

[@gregh7457]

i would dare to guess there is a lot of buyers remorse out there after the piles of scrap are delivered to their new owners

[@vandalorianvandalorian4769]

They are buying the serial number. With that, they can recreate the car and if done correctly, recognized by Ferrari as an “original” car that could be worth millions.

[@dannyzuehlsdorf3697]

@@vandalorianvandalorian4769 Honestly, that sounds like a longshot, and in my opinion a waste of time and resources. Did you have a close look at those carcasses? Almost hard to tell they're cars! Oh well. Not my money!

[@terrygirard3744]

Yeah and some people can't afford groceries..🤷🏽

[@jwm5165]

That will be worth a fortune restored. And there are people with the money and knowledge/skills to do it.

[@Tmrfe0962]

Thanks for posting this. You did a good job editing… you cut right to the important parts!

[@mchristr]

You're basically buying a VIN tag and a title. Renewing these cars will take seriously deep pockets, or being the owner of a restoration shop.

[@ablair37]

or if you have one already with damaged title, i think you know what im saying

[@mattfarahsmillionmilelexus]

Some pretty good prices on the 356 bodies, they were going for more a few years back. I bet most of these cars were on a boat to Europe after the sale.

[@villagerobot]

I agree...I hope that somebody will show one in the raw form before any work is done on one of the European exhibitions that I go to. That would be a once in a lifetime moment. I know many see this as just junk and rusted metal...but I see it as living (/dying) history.

[@goutOX]

I picked up a 66 912 that I’m going to try and recommission. It’s being shipped out to nz and I’m going try and do as much as I can myself. I’m not made of money but I am never gonna have a 130k nzd to buy one out here. This was the closet I was ever getting so I scooped one up that I could afford. I was looking for something that had hubs and struts and a roofline and window apertures that were straight. I’m 15k nzd into it landed with paper work. I’m pretty happy with my purchase

[@villagerobot]

@@goutOX Good to hear from somebody that actually did buy a car. I hope the restauration goes well for you.

[@mattfarahsmillionmilelexus]

@@goutOX Right on! Best of luck with the project, and there is nothing more satisfying than building it yourself, or mostly yourself.

[@goutOX]

@@villagerobot I’m going to build a channel around it, once it gets here we will get stuck in

[@andrewkirtley6565]

Great work on your part 👏 👍

[@amilton2128]

When an insurance company had a euro car write off, they called Klein

[@installwebercarburetorsona6159]

Madness!

[@villagerobot]

Probably..but one mans dream is another mans nightmare 🙂...but actually I am also impressed how many dreamers that are willing to fork out on this type of projects.

[@colinl9018]

@@villagerobot They should be declared medically unfit.Dreamers driven by madness.

[@gregh7457]

In the future when someone is trying to sell one of these cars as a Rudi Klein collection car, I can imagine what the prospective buyer is thinking and that is how much of this car is original and how much bondo does it have in it

[@villagerobot]

ha ha maybe...but no matter what I know this sale will be remembered as a one of a kind. Like the 59 cars from the Baillon barn-find collection

[@widewan7585]

These owners owners don’t know that bondo is

[@markfiges999]

At those prices there's gotta be a tax dodge somewhere.

[@gabrielexplores4931]

" I KNOW WHAT I GOT BRO" taken to the absolute extreme.. hahaha

[@kaliemarie]

This was a good laugh 😂

[@raymondcollyear4773]

If those cars have titles and tags ,that's why their going for that price because someone is going to have some stolen cars and just change the tags and resale them . And someone is not going to know that and are going to spend a lot of money for some of them.

[@Djuztin]

Some of these prices were insane.. really really high for a pile of cut up metal with a vin. Surprised the Miuras didn't sell for more tbh

[@limyrob1383]

They sure did crash a lot of Porsche Speedsters back in the day😀. That Facel Vega was a bargain.

[@lukarre]

Thats the way all the stolen and missing cars are getting a new identity . Hooray to the free market!

[@ChristianM-mg1ow]

I left half way through in utter disbelief. All the stuff was absolute garbage and sold for top dollars 😮😢

[@villagerobot]

well it was a "junk yard sale" - not really a collection or barn find as such. Though the best cars were from Rudi´s private stash. Yes amazing prices on some of the cars that I doubt makes any sense - but then again others really can be brought back to life and make money due to their rarity.

[@joeedwards627]

@@ChristianM-mg1ow well there you go, wise up

[@danstewart8218]

You are only half right...yes a heap of twisted ferrari = crazy price...however 356 shell with very little rust and very easily outlawed and put on the road...There were some real bargains, it will be interesting to see how much the engines go for.

[@vandalorianvandalorian4769]

They are buying the serial number. With that, they can recreate the car with all new material and it will be recognized by Ferrari if done correctly.

[@shawnhicks9838]

Some people will pay huge for lawn art

[@grofmontecristo576]

Was this the PORFOR company inventory beeing auctioned? I always dreamed of visiting that place once in my life, but apparently I'm to late. What a sensational collection it was.

[@DavidClark-k4s]

it would be interesting to see the finale total sum all up for the auction was

[@villagerobot]

Well the online part runs until tomorrow. I will try to post a total sum here as a comment once the last auction is completed.

[@DavidClark-k4s]

Thanks I think that it will be a good sum

[@villagerobot]

@@DavidClark-k4s sure..actually with just the nearly 29 mill on the cars alone I think the sale has gone well. It is really surprising that you can sell so much "junk" at one time. One would think that there would be a limit and that many items would end up with very low prices. Didn´t really happen and the online auction also seems to move well. Good job from Sotheby's side.

[@jamesthompson8008]

​@villagerobot AND, from above, Mr. Rudy Klein smiles, smiles, smiles!! I'd bet even he is shocked at the return of investment there!

[@villagerobot]

@@DavidClark-k4s 817.005 on the cars in the online sale (so no parts or engines included) - in the live auction the number for the cars only was 28,84 mill and 29.6 mill with parts and engines included. So a very close estimate for a total is 30,5 mill

[@BrokenWrenches]

i hate online auctions!!! They have totally ruined the in person auction and driven prices out of control.

[@villagerobot]

I followed the auction closely and most winning bids came from the room and actual people who had dedicated the time and money to come there. So hope is not all lost.... 🙂

[@alexchana3036]

i bought a 1971 280 se 3.5 cab from rudy back in1998.this is just a tip of the iceburg.ther are pleanty of nice gullwings an roadsters in a non discript wharehouse in compton.where he too me to have a looksy.

[@ross2812]

The Audi Quattro, an Aston Martin, Maserati Bora, and the Facel Vega sold for less than I anticipated.

[@mattfarahsmillionmilelexus]

Great job, Robot. Did you get any engine and parts auctions?

[@villagerobot]

I focused only on the cars. I was interested in the Maserati Mistral - hoping it would be a barging and that it should continue it´s life with me 🙂

[@danf321]

I’ll crumble up a sheet of tin foil, slap a Ferrari decal on it, and sell it for $40,000 😮

[@FMFGUF]

The Aston Martin V8 at 6:35 went for quite a reasonable amount, I thought - looks like a 'reasonably' easy fix...

[@villagerobot]

Yes...I also thought that was a good deal.

[@user-to9ho7yx4r]

I have always considered most auctions a shark feeding frenzy.

[@kealahau6727]

Don t forget sometimes it s the paperwork that s important and honds the true value...

[@WilmerCook]

In California once a car is junked its junked forever. Got a nice 56 chevy put a 340 hp 327 in it and went to register it and No, but they gave me a temp so I could sell it for parts or junk it again.😠

[@rockeroller]

The 356's went for good deals. A couple did anyway

[@villagerobot]

The B with only slight damage and not rusty at 2250 plus commission is probably not really a bad deal. Once restored it should be able to make money in a sale.

[@villagerobot]

I think the almost complete Rolls Royce Silver Wraith II with only mild front end damage - for 78 dollars in the online sales also qualifies as a good deal.

[@ceesklumper]

I like his rubber hammer

[@gordonloessl2822]

I wish I had that kind of money to restore any kind of car...

[@villagerobot]

Some of these will be art pieces and never restored. But then again expensive art 🙂

[@robbierobson3251]

What's a "Diller"?

[@sixpoint3]

Did anyine else notice that the auctioneer on at least two occasions annonced 1,000 now 1,250 and did not even have a 1,000 bid....

[@villagerobot]

Yes he as jumping the gun occasionally...

[@sixpoint3]

@@villagerobot I call it misleading if not even fraudulent

[@geothon]

Sometimes all you really need to buy is a VIN. Everything else is available brand new like it is with VW buses.

[@Yuga454]

Isn't it a federal crime to swap vin#?

[@geothon]

@@Yuga454 You don’t swap the VIN- you just replace everything around it.

[@vandalorianvandalorian4769]

That exactly what the buyers are doing. Some of those VINs are worth millions.

[@sprezzatura8755]

There are a few people building precise Ferrari replicas. But they don't have a Ferrari VIN tag and title. That's where the auction junk cars come in.

[@joeedwards627]

Well I’m not saying I agree but everyone in disbelief of the prices must be out of touch, the hammer sets the precedent

[@jamesthompson8008]

Absolutely correct sir!! I was FLOORED by some of the prices, HOWEVER, it IS an auction where the bidders CHOSE TO SPEND what they did. That's the reason that the auction was set up, to get TOP dollar if they could.

[@joeedwards627]

@ yep we can only go on what people paid, some of it crazy but the hard facts are if you want to know what stuff is worth in today’s market here it is in black and white, no ifs or buts, there it is end of👍

[@lasalleman6792]

Ten million for an aluminum Gullwing seems excessive.

[@JacksonTylerOR]

Miura market seems strong

[@villagerobot]

Yes seems only one way...UP!!

[@ds9886]

I thought it was a joke at first. Something SNL would do. No mention of titles.

[@villagerobot]

Well it was a Junk yard sale - so mostly cars that had been scrapped at some point. I have no idea how one would go about getting a new title for a scrapped car? Probably depends what Country the car ends up in. In Denmark where I live it would be highly problematic. Even on the cars with titles the auctioneer warned that the titles had problems.

[@cadillacdeville419]

@@villagerobot I live in Slovenia, eastern Europe. Here in my country is no problem to get a title for any car, scrapped or not scrapped. As long as it's over 30 years old and it's not recorded stolen, you can legally purchase a title for it. I don't know for other European countries, but it's probably similar procedure, especially in east Europe.

[@amilton2128]

I wonder how many people died in these wrecks?

[@villagerobot]

Quite a few I would guess - It is a scarry thought.

[@Tmrfe0962]

I thought the same thing, quite a few of those look like there might be DNA left in them.

[@ilikebigboost3385]

Best occasion of it all was 2 audis , there is one more audi 90 cabrio hiden there but idk when it's gona be sold

[@bilplaymo6121]

40 years ago I have all for 50 000 bucks ! Why my father wasn't a scrap yard owner !!

[@khylerin70]

Proverb: "a fool and their money are soon parted".😉

[@henryrollins9177]

This is money laudering or WTF?

[@gerdhaase5413]

Partially really crazy prizes far beyond value.

[@sm70911]

Attack of the rebodied porsches and ferraris will be happening soon

[@AkhaLosii-js6tl]

Had to Google Rudy Klien, still no clue why people are buying his junk at those prices.

[@Telephony954]

Drug dealers can afford to buy scrap for 40k I only saw 3 cars worth owning. they were a million plus. is that Cracker Jacks money or Monopoly ?

[@villagerobot]

Well how people get their money and spend their money is their own business (..as long as they are not doing something illegal..). I also do not totally understand why anybody would pay such strong money for something so far gone - but other of the cars represented a chance to get a rare car that could be brought back to life and still make money on. I considered two cars: The Maserati Mistral (sold above what I think is reasonable) and the Lamborghini Jarama (online sales not the live auction). I own an original Jarama that only drove between 1972 and 1975. The Junk Jarama would have been a great exhibition piece in my garage. I also own a restored one that drive. So having a junk one, and original one that does not drive and a driving restored car would have been awesome...but I am not a drug dealer and the 15.5K sales price + transportation to Europe was more than my limit (I had set aside 10K + transport).

[@Telephony954]

@@villagerobot You are absolutely right. It just shows to go ya, there's one born every minute.

[@SleepyUncleSam]

Bunch of roached out junk, some very rare cars but they were almost all too far gone

[@inherentmirth5180]

ALL THESE IDIOTS IN THE COMMENTS NOT REALIZING THESE PRICES ARE FOR VIN NUMBERS.

[@khylerin70]

All these idiot's paying for them

[@michelbenidorm2787]

Sold in Dillers 😂😂😂

[@DonAl9114]

Well , lots of the absolute junk car bodies have only been bought to have the chassis number. That’s where the value is. 😊😊😊

[@MWMTex]

The title says it all - junk for sale.

[@colinl9018]

Expensive junk. Some bidders must be drunk to pay that sort of $$$ for pure scrap.

[@shabbos-goy9407]

Punchy prices for quite a lot of old junk

[@villagerobot]

dreams....and dreams often don´t come cheap.. 🙂

[@rockeroller]

@@shabbos-goy9407 The Ferrari from the 60's that looked like 75% was missing, and the remainder ran over by a large truck seemed to sell " high" at 40 k plus, but perhaps they're going to use it as a blueprint to metalwork a new body? Plus the serial number.

[@joeedwards627]

@@shabbos-goy9407 obviously you are incorrect

[@mattfarahsmillionmilelexus]

@@rockeroller That's just it. Classics at this level really only need a VIN and a few scraps to be rebuilt. And they usually go to collectors or shops who have a huge inventory of parts to do so.

[@vandalorianvandalorian4769]

It’s all about the VIN. If you own the VIN, you can build the car around it and if done right, recognized by Ferrari Classiche!

[@martinehrlich3908]

This is a total joke. The pos 1962 twin grille 356….one sold in beautiful condition recently on bring a trailer for 345K. So why pay 1mill for a beat up wreck?

[@villagerobot]

Well at least 2 people in the world disagree - the one who won and the second highest bidder. Maybe originality? Not sure.

[@mcashnv]

Auctioneer is going way too fast. If I were the Klein's I'd be pissed.

[@villagerobot]

I actually found him to be impressively good at pushing up prices. He kept making the next bid quite high and making the buyers bite. Also bidding sort of stalled on many occasions where he got it moving again and landed it on a way higher amount. I think the way I have cut to just the close is unfair to his effort. I think maybe he was too fast on a few probably - but they also had a huge amount of lot numbers to go through.

[@FMFGUF]

I wonder who ends up with all or most of the money from the sale - RM Sothebys?

[@danbob1650]

He probably had master price sheet from Klein's on what they what for the cars. They had also time frame to meet most likely. It whole sell they had since the early 2000 to sell it. They're just cleaning house. To sell the land or what I would do development it with the money from auction. Double or quadruple my investment.

[@CristianNol89]

Need for Speed Porsche Unleashed...

[@melbrusans]

Hola vendo rollo de papel de aluminio con logo de ferrari: 125000 euros😂