RE: [MV] Humvees Auctioned to Civilians

From: Glenn Shaw (mpmutt@mtaofnj.us)
Date: Fri Oct 22 2004 - 17:16:46 PDT


Hi Julian

Who knows where these rumors start. People love to spread rumors. Anyway I
just saw this post on the G503 HMMWV forum. This person states that there
were 1500 not 975. I had always heard 975 also. Is it 975 or 1500 if you
know for sure?

Thanks

Glenn The G503 Post follows:

 Posted: Wed Oct 20, 2004 4:08 am Post subject:

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HI, 
Some of the above facts and figures are a bit off, but in general terms, I
agree with Angelo's market study. 
At the auction, less than 10 trucks sold for over 20,000. Tom Kassab of
Kascar bought the very first auction truck for 23500, a nice 1993. This was
August 11, 1999. There were closer to 1500 trucks sold over 3 years, roughly
half of them were "method II" trucks, or trucks that were not economically
feasable to repair. There were some absolutely beautiful low mile trucks ,
and there were some pretty poor ones too. The "contractor" was not a "guy",
but a company called United Defence, the maker of the m109 Paladin tank
among other things. 
These trucks are like Christmas trees, in that they all look the same from a
distance and SEEM to function in a similar fashion, but beware of the ones
with "brown needles". 
HG 
 
Back to top     
 
 

-----Original Message----- From: Julian Burke [mailto:julian@knology.net] Sent: Friday, October 22, 2004 7:55 PM To: Military Vehicles Mailing List Subject: [MV] Humvees Auctioned to Civilians

I see the rumors have started again so let's nip this one in the bag here before it turns out to be another new $50 jeep in the crate theory. HUMVEES

sold to or auctioned to civilians from the gov't = WRONG WRONG WRONG WRONG WRONG WRONG!!!!!!!!! This isn't happening.

Real Story: Five or so years ago the Marine Corps bartered about 975 each M998's to the United Defense Corporation for electronic equipment. They all had 97's depicting such for the sum of $1 each on every form for transferring. United Defense then turned them over to Manheim and these were not auctioned to people off the street. Manheim Auction Company (who has wholesale auctions all over the country) auctioned them to people who had car dealers' licenses and the bill of sale stated "For Off-road Use Only". The day of the auction in Atlanta, (I was there) 198 units of about

700 went through the sale. Of those, about 75 were sold at a starting price

of $15,500-$17,500. They had two that were painted, one in fire engine red and the other bright yellow that fetched about $22,000 each. Dean Echols who was calling the auction got up and opened the sale by stating: "If you think there are going to buy $3000 (or less) Humvees, you may go home now!" There is a reserve price on all of them. After the singles went through, the bulk sales started in 6 or more lots @ $15K each and two lots of those were sold. You couldn't pick and choose those either. You took them in their order of numbering.

This is the only time in history this has happened and hasn't happened

since. The remaining 200 of the almost 1000 units went to Riverside, California for auction and to everyone's surprise, they moved very slowly and was disappointing to say the least. All of them have been sold but someone in Atlanta bout a quantity of them and still has them for sale. AM General had a lot of heartburn over this for liability reasons and they still say they refuse to support those units!

One time some guy stopped me on the street with my M1026 and said "he understood that if you buy 6 or more from the gov't, they let them go for $500 each" so he and his friends wanted to go in together and get some. DREAM ON!!!!!!!!!!!! Where in the heck would he get or where would that rumor start???

The gov't doesn't sell them to anyone except other Federal or State entities. Humvees that are unserviceable or junk are cannibalized and/or scrapped by mutilation. That's the story. Julian Burke

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