This is a cool thing, unsold 66 Chevy trucks!

[Hack_Attack]

Sounds like the guy was in the wrong business....he should have sold produce.

[Old Truck Man]

Originally Posted by Hack_Attack

Sounds like the guy was in the wrong business....he should have sold produce.

Exactly. My opinion he was simply pig headed stupid. Folks who went to the auction and paid more that junk price for those vehicles had more money or credit than they had brains. In Arkansas if you buy a vehicle that has never been licenced and all you have is the Manufactures cert of origon. You have to pay sales tax on what it cost when new.

[SCOTI]

Originally Posted by Old Truck Man

Exactly. My opinion he was simply pig headed stupid. Folks who went to the auction and paid more that junk price for those vehicles had more money or credit than they had brains. In Arkansas if you buy a vehicle that has never been licenced and all you have is the Manufactures cert of origon. You have to pay sales tax on what it cost when new.

Seems like a harsh summary unless you know ALL the details of each purchase (amount; condition of truck; etc...??). Rules in Arkansas are just that & possibly differ in other states.

[weim55]

I'd have to say the marketing done by the auction company ( brilliant )as well as word of mouth fire spread on the Internet: not likely there's been many auctions with the $$ haul per unit this one did. Jaw dropping $$. Think what you will of the old man that put all the wheels in motion 50 years ago, his family came away mighty sweet ($$!!) the day that auction ended. And some new owners got some once-in-a-lifetime iron......

Steve weim55 Colorado

[gmcdeadhead]

there is no way in hell you can stay in business eating invoices on new vehicles.

lambrecht must have been selling a large volume of vehicles, then you could have afforded to let a few new vehicles go out to pasture,

[factorystock]

Originally Posted by gmcdeadhead

lambrecht must have been selling a large volume of vehicles, then you could have afforded to let a few new vehicles go out to pasture,

How many vehicles did they sell a year? Was that info ever given? I would like to see the numbers and do the math. A base model brand new '64 was about $2,000. In todays dollars, that's approx. $16,000. Now multiply by the number of unsold pickups and cars etc. Wow, that's a lot of dough for such a frugal man that offered such great deals to loose. As the great Tom Petty once said " You can believe what you want to believe" I still believe my earlier post.

[60-66]

Originally Posted by factorystock

How many vehicles did they sell a year? Was that info ever given? I would like to see the numbers and do the math. A base model brand new '64 was about $2,000. In todays dollars, that's approx. $16,000. Now multiply by the number of unsold pickups and cars etc. Wow, that's a lot of dough for such a frugal man that offered such great deals to loose. As the great Tom Petty once said " You can believe what you want to believe" I still believe my earlier post.

So how DID he stay in business by collecting 400 plus trade ins and all those new cars (referring to your first post comment ) ??? If what I was "told" is incorrect . I agree , lots of "stories" but he had to be making money somehow.

[60-66]

Heres the only other pictures I have of your black truck and your 63. Somewhere I have all the original pictures the auction company had taken.

[60-66]

Heres some pictures of Lambrechts house right across the street from the dealership and some of the inside of the building from auction week. Another story about how Lambrecht was , this dealership was not insulated or insulated very poorly , there were stories floating around about how cold it was for the mechanic working on the cars/trucks inside here.

[Clyde65]

This is so interesting to me, I had a friend years ago, actually a family friend who worked at a small local dealership near my home town, he said that back then, trade ins were real cheap and when someone came to buy new, they bought what was on the lot for the asking price.

[Johns 66]

Just saw this thread. It does my heart so good to see these trucks go to someone who will love and cherish them. I had never heard of this or I guess I would have been one who went and bought a brand spanking new old Chevy truck with 10 miles or less....rust and all.

I am glad I have my 66 and while she aint perfect she does remind me of a simpler time in this country...not all bells and whistles, electronic gadgets. Something about riding down an old country road, dual exhaust and worn out glasspacks singing the sweetest tune a kid ever wanted to hear while the windows were down on a clear spring day.....oh the memories

[Robert Haas]

The "field" had mostly fleet level strippers, as that seemed to be the left over inventory that Lambrecht probably received some relief from Chevrolet on. There were a couple vehicles of value stored indoors that were true jewels. A convertible Impala with 4 miles on it was pulled out of there. He also had a Corvette in there.

I would never call the man or any decision makers in the family Stupid. I don't know them. I would say they had an interesting value system that none of us are privvy to.