Insane deal-What am I missing?

My brother clued me into Erepairables.com. mostly looking at FR-S /BRZs for parts and Corvette hulks for death karts candidates. 

Then I get it into my head that I'd like a lifted rally Mustang for a winter beater. 

I found 2016 GT with the bidding at $1,100. What am I missing? Seems too good to be true. My luck, the drivetrain is gone. 

that will be near 10k by the end of the auction

Pictures show the drivetrain is still in it. I would expect the bidding to go much higher towards the end, though. Since it is a salvage car, I would expect the costs to get it road legal again (rebuilt title) would be fairly high. Since you want to lift it, I would look for 2014 and earlier cars with solid rear axle, easier to lift than the IRS setup.

I was looking for a New Edge to replicate this:

I probably should not have been made aware this site exists. Holy E36 M3 there’s a pile of V’s on there.

poopshovel again said:

I probably should not have been made aware this site exists. Holy E36 M3 there’s a pile of V’s on there.

auto auctions are a dangerous place for people like us.... 

This seems like a good deal. Looks like the previous owner might have been a bit unpleasant to someone but the beauty of auto auctions is that you don't have to deal with them:

In reply to boxedfox :

I actually text that to a friend

yupididit said:

In reply to boxedfox :

I actually text that to a friend

The word or the car?

Add this to the list of sites I should avoid.... (but won't)

It looks to me like most of those auctions are actually iaai or copart auctions with erepairables being a "middle man." So most of them will be actual live auctions that go for way, way more than you're seeing the current bids at. The current bids are just the "pre-bidding" which almost never actually wins the auction on desirable vehicles like these.

You'll note the Mustang has a "buy it now" of $15,000. That's probably about what they expect the auction to go for, with a little premium for convenience.

In reply to boxedfox :

for that much? I'd drive the bitch mobile

At some point in the next year, I will find myself looking for a salvage Yahama R1...  Good to find another likely source.

fidelity101 said:

In reply to boxedfox :

for that much? I'd drive the bitch mobile

Just change it to bitch'n and it'd be even better

Bet for that Tesla wouldn't be hard to get the white paint off.  Bids will probably go sky high.

Its $199 a year to sign up as a bidder thru that site. 

From their support page:

"eRepairables.com operates as a broker to provide non-licensed public buyers access to licensed dealer-only auctions. When you enter a bid on eRepairables.com, we will present it to the auction."

So $200 for the initial pay in and then for two cars I looked at locally on their site, another $249 for their 'dealership fee'