Okay guys, with much sadness I submitted my application to BJ for the January auction in Scottsdale a few weeks just to see what lot # and time slot they would offer me. I have been intrigued by this whole experience since I started watching it every year on Speed channel. It is nothing short of pure gambling, but what a rush it must be for both buyer and (especially) seller.
I am still hoping to keep my Camaro but with the economy the way it is, my 2 businesses are not performing as well as I would like, and our beloved muscle cars are usually the first thing to go. So I am trying to stay ahead of the ball. But I have to decide by next week (Monday) if I want the lot # or not. The offered lot # is 1570 and is scheduled for between 12 and 4pm Sunday (Speed channel live coverage).
I calculate I have more potential upside than downside based on what I think my car would bring on the open market or on ebay. If I accept this lot #, it also gives me 2 months to still enjoy the car, and being in NorCal the weather is still fine to drive.
This is a tough call and I am not really ready to make the decision but Monday is my deadline as of now.