Episode 037 - Stories from my early days at auto auctions . IG rob_pitts NEW Merch available here! Check out all the new items added! rabbitsusedcars.myshopify.com...
I started my passion at 18 detailing cars at the Pittsburgh Manheim dealer auctions, watching cars go across the block, shooting the shit with the local auction mafia gave me the tools, the skills, and know how to begin my own business this year at 25, Rectnreclmd, LLC using Copart and eBay motors parting out and flipping anything I could get my hands on, while also managing a classic resto shop here in town. As you've said previously, nobody should aspire to be you, Mr. Pitts, but I enjoy hearing your story and will continue to claw my way financially, to where my life resembles yours in alot of ways. Thank you for the content!
Thanks bro it's an acronym that's why it's all one word and lowercase on my logo. River's Economical Christian Towing and Repair of Euro, Classics, Late Models, and Domestics LLC
This reminds me of a funny car auction story. Several years ago, I went to a bank auction & wanted a white Mustang GT Convertible & there was a dealer who kept out bidding me, so I just kept jumping up the bid on him. He paid $8500 for a $4500 car, which sat on his lot almost 2 years & it sold for only $4100 off his lot. Even better, it kept the asshole dealer from bidding on a blue Corvette, which my friend Barry wanted. Barry got that flawless Vette for $2800 & then I drove Barry's black Vette home :-)
I'll take things that didn't happen for $1,000. Sure. You outsmarted a professional in his own business and tricked him into paying twice what a piece of inventory for his business was truly worth.
@@OneOut1 I'm not going to belabor the point. I guess you're one of those people who think if you didn't see it or experience it yourself, then it didn't happen. But it did, in 2003.
I bought 5 vehicles over a few years at road kill auctions in Dallas and made money on all of them but the funniest thing I've seen is a guy who bid himself up by 5 or 6 hundred by standing right in front of the auctioneer and not looking around to see that he was the only bidder!
Used to go to dealer wholesale auctions from big dealer family of stores once every month or two. Was in southern California. They had free booze and food served by strippers. Was a drunk 19 year old.
Oh yea? What auction was that ? What year was that in? lol. Cause I was raised around socalAuto auctions and worked for them then worked as bringing the cars out to the trucks for the haulers, then worked up to being a part of buying from the auctions, my grand parents worked at "southern california auto auction" for years, even took me to x- mas parties every year and I didnt know they possibly had an xxx-mas type of parties going on lol.
@@williamthompson5606 would have been around 90. Was for the fairway family of dealerships in Orange county. went to many auctions and they were the only ones did this. I looked forward to it as a young man. Wholesaled there own stuff to keep from sending threw and paying sellers fees.Was in back lot of one of there dealerships.
Nothing better than Whitey's doing the title loan dump! Bought a 4x4 explorer and it wouldn't go into 4wd. no big deal it was cheap and clean. Got it back to the shop and the whole front axle and CV joints missing.
"It's quittin time here at Rabbit's Used Cars, I got me a ride, all we need is a model" Lol!!! The '55 is cool as hell, but... Where's the model?!?!?! Lol!!!
I’m huge fan of you Rabbit, and excuse me if this has already been brought up, but can your sound guy work on the intro song volume? It’s loud as all hell then you start speaking and gotta turn everything back up. Thanks for all the truths and entertainment
I used to go GAA about 10-12 years go, you are exactly right Rob and gosh it was so much fun too watching people get into those bidding wars and not know when to stop. Heck, I think i might even know who you were talking about lol. Good times man
Ahhh... The good old days! Going to the preview and finding that the vehicle you want runs badly... Only to find a couple spark plug wires we're" loose"
I live in Greer SC and it's awesome to have a guy that's from my area telling these awesome stories. I remember when that carmax opened off 85 lol 😆 little waffle house across the street
Worked for Tennessee Auto Auction in Murfreesboro Tennessee or was bought by Manheim Auto Auctions #50 auction bought by them. I worked there 10 years loved it. If you want some stories let me know. Like the dealer who bought a Purple Nissan Truck that was blue in the auction lane but Purple when he drove it to the gate. Yes I told pretty Purple truck Wish I had a dollar for everytime I saw "Motor Honey" put in a car going to the auction
I was just thinking the same thing! That's actually the reason I often don't click these videos. I have to be in the "mood" to adjust the volume for the intro. Same thing goes for the "beeps" when he cusses. Those wake my wife up in the next room, and needless to say she is super pissed. Many times I've wanted to hear a good rabbit tale, but I just don't feel like making volume adjustments.
True. The audio peaks a lot too during the speaking sometimes. Just needs some easy adjustments. Worse, I HATE when some RU-vid Fitness people end their videos with a big CLAP sound. Hate that!!
So pretty much all's fair in love and war.... and auctions. The moral of this story? Money talks and b*llshit walks. Wanna dance with the big dogs? Watch and learn. Good advice.
Hey Rob thanks for telling it like it is !! I would go to the auction to dump cars not buy them . O ne time I bought a 74 GTO AKA Nova I bought it yes the price was right because of the color BUT the doors would fly open when you hit a bump ! Hey the car business there's that grease in your vains instead of blood !! lol
or others that suspect you of being a bully, get all ready to throw down, accuse you of using double negative reverse psychology to get them to buy one car for too much so you can buy another out from under them then you show them your pre-made price list
I go to auctions and if someone is running the bid on me right before the auctioneer says sold I tell the auctioneer I'm retracting my bid. My bid is dropped and it goes back to the person running the bid up. They can keep their bid or they can have the bidding start over. If they start over you know they running you up. If you do that to them they quit running you up.
It's no different now I started at Whiteys years ago and you had those guys and now I hit Anderson and American every week, now it's hard to beat the foreigners because they are willing to pay so much more than a little pay by the week guy like myself
@ 2:30, Neutral Drop yt channel has an auction car buying story where he mentions checking the oil's condition then pulling the dipstick and hiding it somewhere in the car just to deter potential buyers...
Problem with auctions is they are all a big game tilted against you. Unreserved is never unreserved. Internet has meant the traditional organising who has what is out of the window.
i just looked things over and went ahead and made a price list of what i was interested in, go home with 15, none, what mattered was making money on what i bought
If you're going to start going to a car auction to buy stuff, then turn up there for a few weeks before you ever even lift a finger and just watch the people. You'll learn pretty fast who are the big fish in that pond and learn to not go toe to toe with them. And keep your eyes open for the odd stuff, the vehicles that don't fit in with what usually goes through, because the people that go their week after week after week, they'll know the prices on the usual stuff off the top of their head but they won't have a clue on the odd stuff so they'll steer well clear and go off for a coffee and a burger when that's on the block. I bought a one owner, 27,000 mile Austin Montego Mayfair at a big national car auction for £25, the minimum bid amount, because nobody else had a clue what it was worth or what to do with it. The car was perfect, it had been to the Rover dealer and had a full service and cam belt the day before the owner traded it in, it had every bill for anything that had been spent on it, including road tax, right back to the original order sheet with the options the owner picked when he bought it. Hell, I didn't even need to wash it as it was so well looked after and you could have eaten your dinner off the carpet or the engine bay. It was utterly faultless. The day I picked it up, I drove home and filled it up with petrol and the guy at the next pump made me an offer I couldn't refuse for it as he'd had them as company cars back from the mid '80s up until they were killed off in '95 and wanted another but couldn't find any around. My £25 car turned around and sold for over £1,000, though I didn't buy it to sell, I bought it to run for a while, but you don't pass up a deal like that...
To me a good car auction pre internet was only a few people for competition on a desirable vehicle plus a polystyrene cup with coffee inside a cowboy would pull his face over ... cheep cars big profits as well the vin wiki boy no’s
I'm the upholstery guy I see gypys buy most tore up from ground up trucks and do few patch panels maybe carpet then with laptop change miles to 60,000 on 281,000 piece shit. They say we are trying to protray a low mileage vechile. They try to hide there accent.
@@danpmatz he honestly got it for a good price compared to todays prices for them but he sold it to my cousin and the thing has just been destroyed. it's been sitting in the same spot for 15 years now, the hood blew up in a storm and smashed the windshield and roof and he left the windows down and raccoons finished off the interior.
Dang, I saw the title and thought this was the mafia car auction story in Youngstown, OH. if you dont know about Youngstown, picture Gary,IN getting it's cousin pregnant, you would have Youngstown.
Hey Rob , I know someone someone going through a little ruff patch that has 4 old school Chevy Pickups that I believe you may have interest in , how do I get the information to you ? Out of all the times you talked about the Chevy trucks , I believe you'll like these
I don't understand why people are scared of the rich guy that would buy the car no matter what... just run up the price for him. if I'm at that auction and I hear him tell the auctioneer "whatever the bid is"... he's losing money on that car. an asshole like that is an easy problem to solve
I go to auction all the time we have are dealer license in Cali, my cousin just bought 5 cars yesterday. 2008 versa hatchback, 2004 Honda Accord, 1998 Honda Civic vtec, 2010 Prius, 2006 corrola
