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Created Fri 29th Aug 10am PDT by loren
All questions » Business » Other » 

How much will "million mile Chevy" sell for on eBay?

Settled as Truck remains unsold by September 15, 2008.

Settled as 'truck remains unsold" as owner did not sell and intends to keep it.



<<For the second time, Frank Oresnik says he failed to sell what he calls his "old girl" at an auction on eBay. He says no bids met his minimum demand of 30,000 dollars -- and he no longer plans to sell it.>>

http://www.mlive.com/newsflash/michigan/index.ssf?/base/news-57/1221522251312880.xml&storylist=newsmichigan

Background:

A Wisconsin man hasn't been able to sell his pickup truck, despite an unusual selling point: the 1991 Chevy Silverado has logged more than a million miles on the road. After failing to get a minimum bid of US$30,000 on eBay, Frank Oresnik has decided to post the vehicle again, with no minimum. How will he do this time?

http://apnews.myway.com/article/20080826/D92Q5K802.html



http://apnews.myway.com/article/20080826/D92Q5K802.html


Settlement details: As reported by a major mainstream news source, or on eBay.

 
Forecast history, %
   Zoom in

Settled

 Truck sells for more $30,000 or more.
7%
Truck sells for between $20,000 and $30,000.
17%
Truck sells for less than $20,000.
54%
Truck remains unsold by September 15, 2008.
22%
Activity: H$9,440
Settled as Truck remains unsold by September 15, 2008. on Wed 17th Sep 3:35am PDT

Suspend date: Fri 5th Sep 5pm PDT Settlement date: Wed 17th Sep 3:35am PDTPrediction cut-off: Predictions on this question after Fri 5th Sep 5pm PDT have been voided because they were made after the question could be settled

Initial likelihoods: Truck sells for more $30,000 or more.: 5%, Truck sells for between $20,000 and $30,000.: 50%, Truck sells for less than $20,000.: 30%, Truck remains unsold by September 15, 2008.: 15%

Action history:

Created Fri 29th Aug 10am PDT by loren
Suspended Fri 5th Sep 5pm PDT : Suspend date reached
Settlement requested Tue 16th Sep 11:24am PDT by mcmaz: http://www.mlive.com/newsflash/michigan/index.ssf?/base/news-57/1221522251312880.xml&storylist=newsmichigan

Article dated the 15th stating he no longer intends to sell.
Settled as 'Truck remains unsold by September 15, 2008.' Wed 17th Sep 3:35am PDT by bayoubear[Admin]: Settled as 'truck remains unsold" as owner did not sell and intends to keep it.



<<For the second time, Frank Oresnik says he failed to sell what he calls his "old girl" at an auction on eBay. He says no bids met his minimum demand of 30,000 dollars -- and he no longer plans to sell it.>>

http://www.mlive.com/newsflash/michigan/index.ssf?/base/news-57/1221522251312880.xml&storylist=newsmichigan

Suspend date: Fri 5th Sep 5pm PDT Settlement date: Wed 17th Sep 3:35am PDTPrediction cut-off: Predictions on this question after Fri 5th Sep 5pm PDT have been voided because they were made after the question could be settled
more info...

 

Predictions (34)

34 predictions

11 weeks ago
mork[Power User] predicted Truck remains unsold by September 15, 2008. (H$444 at 18%)
11 weeks ago
zeebac predicted Truck sells for less than $20,000. (H$50 at 58%)
11 weeks ago
mork[Power User] predicted Truck sells for less than $20,000. (H$444 at 56%)
11 weeks ago
mork[Power User] predicted Truck remains unsold by September 15, 2008. (H$100 at 16%)
11 weeks ago
rootehound predicted Truck remains unsold by September 15, 2008. (H$100 at 14%)
more

Comments (9)

  1 bayoubear[Admin]
Although there is no minimum, there is a reserve figure below which the truck can not be sold. No one knows what that minimum is, so you may want to keep track of the bids....here's a link to the eBay site

http://cgi.ebay.com/ebaymotors/Chevrolet-Silverado-1500-Franks-Million-Mile-1991-Chevy-Silverado-1500-Truck_W0QQcmdZViewItemQQcategoryZ13487QQihZ023QQitemZ360082955289QQrdZ1QQsspagenameZWDVWQQtcZphoto
posted 12 weeks ago
  2 frank2877
"$10,099.99 Reserve not met" I'd bet the reserve is a least $20k.
posted 11 weeks ago
  3 dieseldog
wonder what the kelly blue book value is? i would think chevy would buy it to use in ad's.
posted 11 weeks ago
  4 dieseldog
without knowing what it has or don't have and using my area code KB has it valued at Excellent
$1,985

Good
$1,660

Fair
$1,275

looks like he's asking way to much for it.
posted 11 weeks ago
  5 hubdubbob
Current high bid now of $20,689.00 still results in "Reserve not met".
posted 11 weeks ago
  6 dieseldog
the suspend time on HD is sept 14th. i'm guessing that is a type-o. the ebay sell ends sept 5. just letting better's know. i did not flag nor am i saying anything is wrong with the question. i can't figure out why this guy wants so much for a truck with a millon miles on.

End time: Sep-05-08 18:00:00 PDT (4 days 23 hours)
posted 11 weeks ago
  7 bayoubear[Admin]
Yep...ends at 6PM Pacific on 9/5 . . . I'll make the adjustment to suspension time

BTW...it's up to over $21000 and still hasn't met the reserve..

And as to 'why' he wants so much...there's been a series of ads on TV spouting the durability of Chevy trucks....not sure if this is one of those shown or not, but someone could by this one and maybe make some $ taking it to car shows and showing it off....
posted 11 weeks ago
  8 hubdubbob
Bid is at $21,399.00, and reserve not met.
posted 11 weeks ago
  9 bayoubear[Admin]
OK....question has suspended due to the end of the eBay listing, but one of the options allowed for the truck to not be sold by 9/15. Even though the truck was not sold at auction, because the reserve figure was not met, there may still be a possibility that eBay would allow the owner to sell to the highest bidder. I know sometime they allow you to sell to someone would doesn't win, in certain types of cases. I think it might be best to hold off on settling until 9/15 in case any news comes out about a deal being made.
posted 11 weeks ago

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score: 10
Million-mile Silverado pickup back on auction block .

World of Wheels 12 weeks ago
the market, its owner says, though it failed to fetch the premium price that he had hoped for. Frank Oresnik said he failed to sell the 1991 truck during a 10-day auction on eBay that ended Sunday. He had placed a minimum bid of $30,000, and said all he

score: 10
Still No Takers for Million-Mile Truck .

Red Orbit 12 weeks ago
had hoped for.Frank Oresnik said he failed to sell the 1991 truck during a 10- day auction on eBay that ended Sunday. He had placed a minimum bid of $30,000, and said all he got was a couple of feelers.But he's not giving up.The 58-year-old Oresnik said

score: 10
AP Strange NewsBrief at 10:02 p.m. EDT .

Macro World Investor 12 weeks ago
(AP), This one-horse town is looking like becoming a no-horse town. The owner of a 32-year-old horse named Peter Rabbit wasn't able Tuesday to buck a local ban on livestock within city limits. Feisty puppy scares off 3 bears in NJ back yard WYCKOFF, N.J.

score: 10
No buyers for the million-mile truck .

KVII 12 weeks ago
the market, its owner says, though it failed to fetch the premium price that he had hoped for. Frank Oresnik said he failed to sell the 1991 truck during a 10-day auction on eBay that ended Sunday. He had placed a minimum bid of $30,000, and said all he

score: 10
This Chevy Is Like A Rock .

San Francisco Chronicle 12 weeks ago
Frank Oresnik said he failed to sell the 1991 truck during a 10-day auction on eBay that ended Sunday. He had placed a minimum bid of $30,000, and said all he

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