Chevy dealer's vintage, undriven cars auctioned off

Chevy dealer's vintage, undriven cars auctioned off

Credit: Getty Images

PIERCE, NE - SEPTEMBER 28: Potential buyers look over the selection of classic cars and trucks before the start of the auction at the Lambrecht family farm on September 28, 2013 in Pierce, Nebraska. The cars, more than 500 total, from the Lambrecht Chevrolet Dealership will be sold at auction this weekend. When Ray Lambrecht, who ran the dealership with his wife Mildred for 50 years, would get in a new model year car he would put any unsold cars from the previous model year into storage along with any used car trade-ins that remained at the dealership for too long. Many were stored outdoors on the farm. These leftover cars along with dealership tools, parts and memorabilia will be sold at the auction. Many of the cars being offered at the auction have never been titled and have less than 20 miles on them. An estimated 10 to 12 thousand car enthusiasts from around the world are expected in Pierce, a town with a population of 1,700, for the auction. Bidders from about a dozen countries have already stared the bidding online at Proxibid.com (Photo by Scott Olson/Getty Images)

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by Associated Press

KING5.com

Posted on October 1, 2013 at 7:55 AM

PIERCE, Nebraska — A handful of barely driven vintage Chevrolets has fetched more than half a million dollars at an auction that drew thousands of car buffs from around the world to a small northeast Nebraska town.

Bidders and gawkers crowded shoulder-to-shoulder for the auction in a muddy field just west of Pierce, a town of about 1,800. Spectators in helicopters and airplanes circled overhead as the lead auctioneer, Yvette VanDerBrink, inched down the auction line on a wooden platform hauled by a pickup.

Event organizers said an estimated 10,000 people traveled from as far as Norway and Brazil to see the sale in person, and more than 3,800 had registered online to bid at an auction website by mid-day Saturday.

The auction of more than 500 old cars and pickups was expected to continue on Sunday. Organizers said they hadn't yet totaled the bids for the roughly 50 most high-profile, low-mileage classic cars and trucks, which were auctioned on Saturday. As of midday, six of the most valuable models had sold for a combined $545,000.

The collection belonged to Ray Lambrecht and his wife, Mildred, who ran a Chevrolet dealership in downtown Pierce for five decades before retiring in 1996. Unlike most dealers, Ray Lambrecht stashed many of his unsold cars in a warehouse, at his farm and other spots around town if they didn't sell in the first year.

The first vehicle sold — a sky-blue, 1958 Chevy Cameo pickup driven 1.3 miles — secured the largest bid at $140,000. Another bidder spent $97,500 on a red and white 1963 Impala with 11.4 miles (18.4 kilometers) on its odometer, the manufacturer's plastic on the seat and a yellow typewritten window sticker displaying its original price: $3,254.70.

Lyle Buckhouse, a retired farmer from Hankerson, North Dakota, poked his head Saturday into a 1963 Chevy Corvair with 17.2 miles (27.7 kilometers) on the odometer. Moments later, the self-proclaimed "Corvair guy" was hunting eagerly for the bidder-registration tent.

"This is a once-in-a-lifetime opportunity," Buckhouse said. "That's why I came down here. You just don't know what you're going to see."

Bob Esler, the owner of Bob's Garage in Westfield, Indiana, bought a four-door 1964 Bel Air station wagon for $30,000. The car had 326 miles (525 kilometers).

"This is one of the cars that I had my eyes on," Esler said, as he leaned against his new purchase. "I want to use it to haul all of my customers around."

"How are you getting it back home?" a friend asked.

Esler shrugged. "I haven't figured that out yet," he said.

Preparations for the two-day auction began in June. VanDerBrink, the auctioneer, said she took calls from as far as Iceland, Singapore and Brazil before the event.

The two least-driven cars, a 1959 Bel Air and a 1960 Corvair Monza, had one mile (1.6 kilometers) on their odometers. The oldest vehicle with fewer than 20 miles (32 kilometers) dates to 1958; the newest is a 1980 Monza with nine miles (14.5 kilometers).

Some bidders used the auction to hunt for rare parts for their collector cars and trucks, while others came to watch the spectacle.

Ray Lambrecht opened the downtown dealership with his uncle in 1946, on the corner of Main Street and Nebraska Highway 13. The U.S. Army veteran quickly established himself as an unusual salesman: He gave his lowest price up front, without negotiation, and encouraged hagglers to try to find a better deal elsewhere.

The most valuable vehicles were stored for decades at a nearby warehouse, until a heavy snow collapsed the roof. Some were damaged, but many were saved and moved elsewhere. The models at the dealership were among the best preserved, even as the building gave way to bats and holes in the roof.

Ray and his wife, Mildred, retired in 1996. Ray, 95, and Mildred, 92, still live in Pierce, but their health has declined. They decided to sell the collection so others could enjoy the cars and pickups, said their daughter, Jeannie Stillwell, who lives in Florida.

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