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Discussion Starter · #1 ·
This week's factory to franchise only used car auction listings for St Louis:
https://www.edgepipeline.com/MVC/API/VehicleSearch?view=event&fmt=pdf&id=101940

Includes two Michigan titled 2017 diesel stick shift, bronze with 50kmi in near-perfect condition (new tires, only inspection flaws were front bumper scratches and low on fuel) and red with 17kmi. There's hope a nine month old factory official car with 50kmi on it might go cheap. This week GM is offering transportation assistance to the purchasing dealers, but the catalog doesn't specify how much they're paying.

If you have a friendly contact with a GM Franchise dealer and want a high mile 2017 Diesel that hasn't been owned by idiots it might be worth checking out. Also some 2016-2017 gassers, including a Premier and a limited (limited has 45k on the odo, no low mile 1st gens here).

There will be a few 2017 LT and Premier sedans in the NY sale on Friday, but no 2016s, Limiteds, or Diesels:
https://www.edgepipeline.com/MVC/API/VehicleSearch?view=event&fmt=pdf&id=102051
(some of the cars in this auction prohibit cross-brand buying, Chevy dealers can't always buy Buicks and vice versa)
 

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Discussion Starter · #2 · (Edited)
I tracked down the six diesels from the big sale on 8-24, two of them are the cars in this week's sale. So, not only was that sale unprecedented, there still haven't been any other 2017s offered up by the factory, just two that didn't sell the first time around.

One of them auctioned for 16,800, and is for sale for 23,900
Used 2017 Chevrolet Cruze LT For Sale | Tahlequah OK

Auctioned 17,000, offered for 20,995:
Buick & Chevrolet Dealer in Lincoln | Graue Chevrolet Buick of Lincoln

Auctioned 14,900, offered for 19,490:
https://www.autotrader.com/cars-for-sale/vehicledetails.xhtml?listingId=465349093

Auctioned 15,100, offered 20,900:
Used 2017 Chevrolet Cruze LT For Sale | Tahlequah OK

There are bidder fees at the auctions, and it costs to have the cars transported, so the hammer prices above are not the dealers' true cost, but still, the markups were higher than I expected.

If I had an agreement in advance for a dealer to buy a car for me, no risk to them, it's already sold before they buy it, I'd expect to give them $600-1000 over their total cost.
 

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I tracked down the six diesels from the big sale on 8-24, two of them are the cars in this week's sale. So, not only was that sale unprecedented, there still haven't been any other 2017s offered up by the factory, just two that didn't sell the first time around.

One of them auctioned for 16,800, and is for sale for 23,900
Used 2017 Chevrolet Cruze LT For Sale | Tahlequah OK

Auctioned 17,000, offered for 20,995:
Buick & Chevrolet Dealer in Lincoln | Graue Chevrolet Buick of Lincoln

Auctioned 14,900, offered for 19,490:
https://www.autotrader.com/cars-for-sale/vehicledetails.xhtml?listingId=465349093

Auctioned 15,100, offered 20,900:
Used 2017 Chevrolet Cruze LT For Sale | Tahlequah OK

There are bidder fees at the auctions, and it costs to have the cars transported, so the hammer prices above are not the dealers' true cost, but still, the markups were higher than I expected.

If I had an agreement in advance for a dealer to buy a car for me, no risk to them, it's already sold before they buy it, I'd expect to give them $600-1000 over their total cost.
The asking prices are quite laughable. There are new cars out there for less in you do a search on autotrader and just sort by price.
 
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