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From Emergency Vehicles to Tailgate Heroes: Exploring Government Auction Finds with MuniciBid · In Wheel Time Podcast

• 0:00
  Speaker 1: Welcome to another In Wheel Time podcast, a 30 minute mini version of the In Wheel Time car show that airs live every Saturday morning 8 to 11am central.
• 0:09
  Speaker 1: It's the In Wheel Time car talk show, coming up unique Father's Day gifts in the form of mostly unique vehicles.
• 0:22
  Speaker 1: You're going to love this.
• 0:23
  Speaker 1: Conrad has this week in Auto History and we'll get you caught up on the stories making car news.
• 0:28
  Speaker 1: This week We have a new buddy, along with Mike out of this world Mars King, conrad DeLong.
• 0:32
  Speaker 1: We always need more Jeff Seekin fresh off of surgery.
• 0:35
  Speaker 1: I'm Don Armstrong, glad you could make it here.
• 0:39
  Speaker 2: Well, your surgical career, yeah, yeah, yeah.
• 0:41
  Speaker 1: It's all good, had a little back surgery, a little back operation.
• 0:44
  Speaker 2: Yeah, non-invasive stuff, it's all good.
• 0:46
  Speaker 2: The medicine is fantastic.
• 0:48
  Speaker 1: Is it?
• 0:48
  Speaker 1: Yeah, well, i've been asking him to share, but he doesn't.
• 0:52
  Speaker 1: He didn't bring any with him.
• 0:53
  Speaker 1: I know a guy I know you do, okay, well, we're going to move right along here and I am going to introduce you to a fellow by the name of Greg Berry, and he is with a company called Munisa Bid.
• 1:06
  Speaker 1: All right, And Greg, so I don't screw this all up.
• 1:11
  Speaker 1: Basically, what this is is an auction site.
• 1:13
  Speaker 1: Greg, good morning guys, great to be with you.
• 1:17
  Speaker 1: Hey, thank you very much for joining us.
• 1:18
  Speaker 1: Am I right?
• 1:19
  Speaker 1: It's an auction site?
• 1:22
  Speaker 3: It's an online auction marketplace for governments, state, local governments, schools, universities to auction off no longer needed goods, things they might have confiscated, lost and found Anything a government or school that no longer needs, they'll auction it through our site and it's open to the public so anyone can buy.
• 1:41
  Speaker 1: Oh my God.
• 1:42
  Speaker 1: So that opens up this segment of our show where it's used vehicle mayhem, because we're talking about things like a H1 Hummer, a fire truck, a police car or an ambulance.
• 2:00
  Speaker 1: And I understand that one guy bought an ambulance off of your site then turned it into a camper that he's calling the campulance.
• 2:09
  Speaker 3: Yeah, it's interesting what we see, what we see people do with these ambulances and other vehicles.
• 2:15
  Speaker 3: We had another guy up in New England transform it into a tailgate vehicle and the stretcher is what holds the grill, so it's kind of cool.
• 2:27
  Speaker 3: That's beautiful.
• 2:28
  Speaker 1: It is.
• 2:28
  Speaker 1: It is absolutely And obviously the first thing that came to my mind as a kid growing up.
• 2:36
  Speaker 1: I remember being a Cub Scout and the Den Mother took us to the local firehouse and we got to see the fire truck up close and the firemen were there showing us this and showing us that, and this particular firehouse had a fire pole.
• 2:50
  Speaker 1: They wouldn't let us go down it, but you could look down there and see how the thing operated and had some sort of a bag underneath it, so you know you didn't break an ankle on the way.
• 3:00
  Speaker 1: So the exhaust from the, from the vehicles, didn't go up to where they were sleeping upstairs.
• 3:04
  Speaker 1: But anyway, all I can think of was one of the car shows that I watched.
• 3:09
  Speaker 1: They were trying to get an old fire truck to actually work again as far as its pump was concerned.
• 3:17
  Speaker 1: This thing hasn't seen a water hose attached to it in 50 years, so it's all rusted up.
• 3:24
  Speaker 1: And all I could think of was you know what, how cool, buy one.
• 3:28
  Speaker 1: That's kind of stripped down, because a lot of municipalities sell those things where they've taken the hoses off and things that they can use on other equipment.
• 3:37
  Speaker 1: So it's kind of semi stripped down, but it's still a fire truck And I assume that the price is proportionate to what you get.
• 3:45
  Speaker 1: So in other words, a great big, you know, 120 foot ladder truck that swivels in the middle, to go around corners would be a little bit pricier than just a regular engine, that's true.
• 3:58
  Speaker 3: Yeah, it's interesting.
• 4:00
  Speaker 3: People buy these fire trucks for all sorts of reasons.
• 4:02
  Speaker 3: We see a lot of times farmers buy them the pumpers to use for water throughout the farm.
• 4:10
  Speaker 3: Yeah, irrigation, yeah, we have irrigation and then we have people that collect them.
• 4:14
  Speaker 3: We have other fire departments that will buy certain fire trucks to use them just in parades only.
• 4:20
  Speaker 3: But you're right, the prices really do range depending on, you know, year, make, model, condition, type.
• 4:27
  Speaker 3: It's really kind of all over the place.
• 4:30
  Speaker 3: Fortunately, the market is pretty saturated with fire trucks, fire apparatus And so and it's like, all right, who's buying these?
• 4:39
  Speaker 3: So that drives the price down a little bit, on the fire trucks especially.
• 4:44
  Speaker 3: You know they're buying these trucks for some cases million dollars or more, using them for 20, 30 years, and then sometimes they're lucky to get 25 grand for them at the end of that life, even though they were a million, just because of the market conditions with so many fire trucks out there.
• 5:01
  Speaker 1: Do you see?
• 5:01
  Speaker 1: do you see fire trucks going from one fire from one municipality to another, or a volunteer fire department?
• 5:10
  Speaker 1: Do you see that?
• 5:12
  Speaker 3: It's not typical, because usually when the fire trucks are sold they're kind of at the end of their life and they can't be recertified for use.
• 5:21
  Speaker 3: So that's, that's kind of another issue.
• 5:23
  Speaker 3: But if they are certified for use then yeah, we do see that It's kind of rare once.
• 5:27
  Speaker 3: the fire departments tend to not sell fire trucks until they're kind of at the end of the life.
• 5:34
  Speaker 1: And end of life you're talking about the pump doesn't work or it's leaking really bad and the engine is smoking to beat the band.
• 5:40
  Speaker 1: That kind of thing.
• 5:41
  Speaker 3: I mean, it might still be a fine operating condition, but it's time for a new one.
• 5:46
  Speaker 3: basically, Gotcha.
• 5:48
  Speaker 4: And so the old one might run fine.
• 5:50
  Speaker 3: It's just not serviceable for what they need.
• 5:52
  Speaker 1: All I can think of is is that you know there's like It's funded by the taxpayers.
• 5:56
  Speaker 4: They got unlimited and the funds.
• 5:57
  Speaker 1: Well, all I can think of is the fact that, you know, here's a fire truck that was built in 1970 and put in service that year, And here we are, you know 50 years later.
• 6:09
  Speaker 1: And you know, the technology is grown leaps and bounds, I would assume in fire trucks as well.
• 6:17
  Speaker 5: And you mentioned something about certification.
• 6:19
  Speaker 5: Is that something that they have to go through To be to be used?
• 6:24
  Speaker 5: Yes, Yeah it is.
• 6:27
  Speaker 4: So I'm on your website right now and I've already posted it on our social media Is you sell more than just vehicles?
• 6:33
  Speaker 4: you've got appliances, building supplies.
• 6:39
  Speaker 3: Yeah, it's pretty much anything.
• 6:40
  Speaker 3: I mean, vehicles is certainly our number one category, followed by heavy equipment, and then it kind of is everything from.
• 6:47
  Speaker 3: There are sailboats, airplanes, land, kitchen equipment dude land.
• 6:53
  Speaker 1: That is so this.
• 6:54
  Speaker 1: So are you the original creator of Munisabid.
• 6:59
  Speaker 3: Yeah, I found a munisabid in 2006.
• 7:02
  Speaker 1: Wow, well, i apparently you're doing okay, because I would imagine that most municipalities use your service.
• 7:12
  Speaker 3: Yeah, we serve a little over 6,000 governments across the country and still growing quite a bit.
• 7:17
  Speaker 3: I mean, we, over last year we've added over 600 more governments and we're on pace to do that again this year.
• 7:24
  Speaker 3: So it's been, it's been great, yeah, and we just I think it just comes down to to really our Customer service and the results that we're able to provide to the, to the governments, but also making it super easy for the public to find these items and to bid on them.
• 7:40
  Speaker 3: It's a lot more convenient Than the old ways of doing it, where they would have you'd have to go down if you wanted to bid on this old police car.
• 7:46
  Speaker 3: You'd have to get down to the town Oh, yeah, yeah, or town hall and fill out a bunch of paperwork and then and then for the town, they would end up with two bidders, two lowball bidders, and they'll just take the next high that you know, the highest of the lowball bidders.
• 8:00
  Speaker 3: So that's why I started Munisabid.
• 8:02
  Speaker 3: Though We had a, i was on a serving on a town council and I saw how we were having trouble selling surplus for a true market value instead of the pennies on the dollar.
• 8:12
  Speaker 3: So we, we we sold a three thousand dollar, police car for like 300 bucks, and then the next agenda item were arguing over a thousand dollars.
• 8:21
  Speaker 3: I'm like, wait a second, we just gave away three grand, and so that's kind of how you know.
• 8:26
  Speaker 3: That's where the idea for me to spit.
• 8:28
  Speaker 1: Well, i mean, i'm looking at one here, for instance, a 22 2022 Ford Explorer up in East Noratown, pennsylvania And the East Noratown Township.
• 8:38
  Speaker 1: It's been on the line online for five days now, and so the price that I see there is at the minimum price that they're gonna accept $9,800.
• 8:48
  Speaker 3: Now, that's the current bid I got you.
• 8:50
  Speaker 3: So what happens typically is I Them skit bid on right away as soon as they come up, there's a couple bids placed and then there's a law on the action and then, within in the last hour and last, the final few minutes Is where a lot of the free typical of eBay auctions as well.
• 9:09
  Speaker 4: Yeah, very similar and then I also see that you break it down by state, and it seems like you've got a pretty good Relationship in New Jersey and Pennsylvania, because that's where all your action is.
• 9:20
  Speaker 4: That's where the majority of your products are Being are coming from, or is that where they're located?
• 9:27
  Speaker 3: Yeah, that's, that's where they're located.
• 9:29
  Speaker 3: Yeah, the Northeast is our kind of bread and butter, so we're I founded this just outside Philadelphia in a town called Pots town, and so, yeah, pennsylvania, new Jersey, massachusetts, new York, they're all.
• 9:44
  Speaker 3: They're all big states, and then, and then certain States and kind of regions and municipalities themselves sell different times a year, so the summer is kind of a little bit of a slow point for it for them, and then things really kick up in the third and fourth order.
• 10:03
  Speaker 2: How long does the does the vehicle stay on the auction?
• 10:06
  Speaker 2: How long is that pictured before the auction stops on that particular product?
• 10:11
  Speaker 3: Yeah, we typically recommend that the government set the auctions up for 10 to 14 days, and that allows us to get the word out through our Marketing program makes sense, so you've got a separate marketing program for this.
• 10:22
  Speaker 3: Yeah, yeah.
• 10:23
  Speaker 3: So that's one of the benefits that we offer To the government is we have a whole marketing machine that we that we utilize to get the items out in front of not only our existing buyers But new buyers, across a number of different mediums, really depending on the category of the of the item itself.
• 10:39
  Speaker 3: Well, you know, obviously a lot of paid advertisements and yeah.
• 10:44
  Speaker 1: Well, here's one that interests me and I'm just gonna throw this out there 1992 International.
• 10:51
  Speaker 1: It's for sale in New Galilee, pennsylvania, from the new beaver borough Volunteer fire department.
• 11:00
  Speaker 1: The current bid on it is one bid for ten thousand dollars.
• 11:03
  Speaker 1: It's a 92, looks like a pumper truck or a water truck.
• 11:07
  Speaker 1: I mean sure, 10 grand, yeah, i'm all over that.
• 11:11
  Speaker 1: I could probably sell them.
• 11:12
  Speaker 1: I could go into business for myself and local firefighting in the forests of East Texas Camp out up there and your driveway Yeah and yeah, and you piss off all the neighbors.
• 11:24
  Speaker 1: Again, I'm thinking rice farmers could use it.
• 11:26
  Speaker 1: But but here, here's some other stuff too a light bar, like a police light bar that goes on top of the car.
• 11:32
  Speaker 1: You currently have one bid for one dollar.
• 11:34
  Speaker 1: Yeah, yeah, do they put minimum bids on some of these at the minimum price that they'll take for it?
• 11:41
  Speaker 3: Sometimes they'll set.
• 11:42
  Speaker 3: They'll set a reserve.
• 11:44
  Speaker 3: We recommend they start the starting bids at about 10% of the expected value.
• 11:50
  Speaker 3: So generally they have an idea of what, what things are worth, based on you know, previous results or you know just sort of compare comparative sales somebody.
• 11:59
  Speaker 1: Somebody is an expert in pricing used Fire trucks or light bars.
• 12:05
  Speaker 3: Well, the market itself kind of takes care of it itself.
• 12:08
  Speaker 3: So you can just kind of see what you know.
• 12:10
  Speaker 3: Take a look at the year make models, see what you're, see what you're up against and what other people are selling them for so here's one that'll sell in Texas Big Sky gun holders.
• 12:22
  Speaker 4: All right, since you're not allowed to strap them in your back window anymore and go to high school.
• 12:27
  Speaker 1: Yeah, and believe that or not, greg, we used to be able to do that.
• 12:31
  Speaker 1: They had gun racks in the back window.
• 12:33
  Speaker 3: I pick up trucks Yeah.
• 12:35
  Speaker 1: I remember, Okay well at least I.
• 12:39
  Speaker 1: I didn't know that it was a thing around the United States, but it certainly was here in Texas.
• 12:43
  Speaker 1: Yeah, yeah, you know.
• 12:46
  Speaker 1: The other thing that I find pretty fascinating is the The all of the different kinds of stuff that's on here.
• 12:54
  Speaker 1: I mean, like you said, it's everything from shovels to great, big, huge fire trucks.
• 13:00
  Speaker 3: There's a winch one, one thing going back to the fire department is they?
• 13:06
  Speaker 3: they'll sell the fire hoses and we have a couple different buyers who Buy these fire hoses and repurpose them into wallets and other accessories, belts, things like that, okay.
• 13:19
  Speaker 1: Well, who knew?
• 13:20
  Speaker 1: well, yeah, who knew.
• 13:21
  Speaker 1: And you know, let's face, i don't know anymore but used to be the nozzles, used to be brass.
• 13:27
  Speaker 1: I don't know whether that's the fact or not, but brass bring a pretty penny.
• 13:32
  Speaker 3: Yeah, i mean, that's the other thing.
• 13:34
  Speaker 3: So some, some of these computers, though some of the some towns will sell these computers by the pallet and really what they're, what the buyers are looking for, is the sort of the raw materials I in in these computer precious cars like the metals.
• 13:49
  Speaker 1: I The love.
• 13:51
  Speaker 1: You know the fact that you know you go on here.
• 13:53
  Speaker 1: Ambulances, appliances There's a couple of appliances on here.
• 13:57
  Speaker 1: Automotive is huge, clearly Building supplies.
• 14:02
  Speaker 1: You want a mop bucket.
• 14:03
  Speaker 4: I guess you could find that police and fire, parks and rec All sorts of different categories on here and you can also go on and look at completed auctions, which is kind of where you kind of get what stuff sells.
• 14:15
  Speaker 4: For 2004 Ford expedition in Beaver, pennsylvania, sold for $2,275.
• 14:23
  Speaker 4: I'm in.
• 14:24
  Speaker 1: Yeah, i mean, i can't.
• 14:25
  Speaker 1: How bad can it be?
• 14:26
  Speaker 1: you know Well, I find it fascinating.
• 14:30
  Speaker 1: So how come Texas isn't on here?
• 14:32
  Speaker 1: You're looking for Bitters and and and suppliers down here in Texas.
• 14:37
  Speaker 3: Yeah, we have a couple, couple dozen Agencies in Texas.
• 14:41
  Speaker 3: It's not one of our biggest, bigger states, but yeah, we have buyers all across, millions of buyers all across the the country that that we, that we, market to.
• 14:49
  Speaker 3: How does the shipping work?
• 14:53
  Speaker 1: It's pretty much all pickup only, ah, so in other words get your 18 wheeler and load up that great, big, huge fire truck on there and bring it on down or drive it.
• 15:02
  Speaker 1: Or drive it Yeah, you go.
• 15:06
  Speaker 2: Oh yeah, good fuel economy turn a siren on, you'll get here quicker.
• 15:11
  Speaker 3: To that end.
• 15:11
  Speaker 3: Yeah, they, in certain cases, depending on the buyer, they they'll remove the sirens, and fire trucks They tend to keep the lights on, but with police cars they remove the lights and sirens, for sure.
• 15:23
  Speaker 1: That's okay.
• 15:24
  Speaker 1: It's kind of like the Blues Brothers, that's not no that that you know what that was, don't you that?
• 15:32
  Speaker 1: no, the big megaphone, that was the siren a tornado.
• 15:36
  Speaker 1: It was the nuclear blast siren that used to go off at noon on Fridays at the schools around the world.
• 15:44
  Speaker 2: Yeah, ducking cover.
• 15:45
  Speaker 3: Come on Yeah, shut up, i don't want to go there.
• 15:49
  Speaker 1: Well, great father's day gifts Do you give out.
• 15:52
  Speaker 1: If you buy something on there, can you create some sort of a gift certificate for me to use to give to dad?
• 15:59
  Speaker 3: Sure, we could certainly do that for you.
• 16:00
  Speaker 5: Okay, well, I Need the Chevy Tahoe push bar to put on the front.
• 16:08
  Speaker 4: It's only 130 bucks.
• 16:10
  Speaker 4: Yeah, things got away 600 pounds.
• 16:12
  Speaker 1: Yeah, that's it.
• 16:13
  Speaker 1: Greg Barry, with me this a bit It's been.
• 16:16
  Speaker 1: It's been so much fun.
• 16:18
  Speaker 1: We really appreciate it.
• 16:19
  Speaker 1: I know it's a serious business and it's just great to get on there and surf your website with all the weird stuff that is on there.
• 16:26
  Speaker 3: Yeah, thank you so much.
• 16:27
  Speaker 3: This has been fun.
• 16:28
  Speaker 1: Yeah, well, to come back anytime if you got to, if you got something really Unusual or different, be sure and give us a call.
• 16:35
  Speaker 1: Let's get you back on Christmas, all right.
• 16:37
  Speaker 5: Chris.
• 16:37
  Speaker 5: We talked to him again about Christmas.
• 16:41
  Speaker 4: Some Christmas gifts for you, so that it's a loss of life for Christmas in case Cooked your Christmas turkey.
• 16:49
  Speaker 1: That's right, the jaws a life, and then we'll sell you a fire truck to put the Christmas tree fire out.
• 16:56
  Speaker 5: So so we do a show in Otterama for Thanksgiving and then we start our Christmas stuff the weekend after Thanksgiving.
• 17:02
  Speaker 5: We'll get a hold of you the first part of December, don't be going on vacation.
• 17:05
  Speaker 1: On us now, because we'll track you down.
• 17:07
  Speaker 1: This will be fun, sounds good.
• 17:08
  Speaker 1: I'm here, greg.
• 17:09
  Speaker 1: Thanks again, man.
• 17:10
  Speaker 1: All right, thank you guys, greg Berry.
• 17:13
  Speaker 1: The company is called Munisa bid.
• 17:16
  Speaker 2: As in municipal bid.
• 17:21
  Speaker 4: There's some great stuff on here An 83 K34 wheel drive for a bidding sort of close.
• 17:29
  Speaker 1: You know what You could be his Texas connection.
• 17:33
  Speaker 1: That's it All right.
• 17:36
  Speaker 1: So thank you very much.
• 17:38
  Speaker 1: If you want to get in touch with us any time, just shoot us an email or address here as info at in wheel timecom time now for this week in auto history, conrad has that and we're glad that it's not confused with either events or cruise in.
• 17:55
  Speaker 4: In 1903 Stanley steamer received a patent for steam motor vehicle and arrangement of engine on axle and housing Flat.
• 18:05
  Speaker 1: Stanley.
• 18:06
  Speaker 4: Well, no, it wasn't flat, stainless, steamy Stanley.
• 18:09
  Speaker 4: They went over 100 miles an hour in this, this is a different movie.
• 18:13
  Speaker 1: 100 miles an hour.
• 18:14
  Speaker 1: And you could probably find it on Munisa bid this afternoon.
• 18:18
  Speaker 4: And then, in 1947, saab introduced its first car, the Ur-Sab prototype.
• 18:24
  Speaker 4: Saab was primarily a supplier of military aircraft before and during World War II.
• 18:30
  Speaker 1: It was ugly today and it was ugly.
• 18:31
  Speaker 1: It's got lounge chairs for seats.
• 18:34
  Speaker 4: But they have the same, that same look of Saab since day one.
• 18:38
  Speaker 4: And then, in 1948, the first car with a Porsche badge debuted, the 351 prototype.
• 18:46
  Speaker 4: And that car, that exact car, is still at the museum, the Porsche museum, available for viewing and stuff.
• 18:53
  Speaker 4: All aluminum all aluminum hand.
• 18:56
  Speaker 4: hand pounded aluminum, We know about that, Oh my Lord.
• 19:02
  Speaker 4: hand pounded.
• 19:03
  Speaker 4: In 1956, Junior Johnson and his father were arrested in Wilkesboro, North Carolina, running moonshine whiskey.
• 19:13
  Speaker 4: Say it ain't so.
• 19:16
  Speaker 4: He was arrested for making moonshine, not for hauling it, because they couldn't catch him.
• 19:19
  Speaker 4: Because he was pretty quick, he had pretty fast little car.
• 19:23
  Speaker 4: Back then He souped it up And actually his first moonshine car was an automobile business coupe, like we saw last day.
• 19:31
  Speaker 1: Is it somebody's museum somewhere?
• 19:33
  Speaker 4: That I don't know.
• 19:33
  Speaker 4: And then, in 2006, the animated feature film Cars, produced by Pixar Animation Studios, roars into the theater.
• 19:43
  Speaker 1: Absolutely brilliant, isn't that?
• 19:45
  Speaker 4: such a good movie And think about some of the voices that were on that movie.
• 19:48
  Speaker 1: Oh yeah.
• 19:50
  Speaker 4: Owen Wilson, paul Newman, larry the Cable Guy, cheech Marin as Ramon the 59 Chevy and Palo Lowrider, george Carlin as Phil Moore, the VW Bus, richard Petty, john Ratsenberger as Mack.
• 20:08
  Speaker 4: Bob Costas was on there as Bob Cutlass.
• 20:11
  Speaker 4: Of course I had to put the old sub-bill plug in there.
• 20:15
  Speaker 4: Sure you did.
• 20:16
  Speaker 4: Darrell Walltrip was on there, dale Earnhardt Junior was on there, michael Schumacher was on.
• 20:21
  Speaker 4: His voice was on Cars, as well as Mario Andretti.
• 20:27
  Speaker 4: That's very cool.
• 20:28
  Speaker 4: He was a friday He was pretty genius on their part to bring all those truly famous people's voices into the movie.
• 20:35
  Speaker 4: It's a good show to watch today, you know, and even for Pixar slash, Disney Well it was Pixar back then.
• 20:44
  Speaker 1: It's not overly political.
• 20:45
  Speaker 2: It's wholesome just like glass.
• 20:48
  Speaker 1: Yeah, just like us.
• 20:49
  Speaker 1: I assume that that's this week in auto history.
• 20:53
  Speaker 1: I have news, Oh boy.
• 20:57
  Speaker 2: Is this headlines or just news?
• 20:59
  Speaker 4: Oh, any WS.
• 21:01
  Speaker 1: Uh-huh.
• 21:01
  Speaker 1: Ok, thanks for watching LEGO generaland Modaves, and then we'll see you in another video.
• 21:05
  Speaker 1: Over at KTRH It's your news, weather and sports station And there's one phrase that they use on their news And it sounds like they've slurred the news with station news station.
• 21:24
  Speaker 1: It's kind of like one s between the two words New, friendly, so I don't know.
• 21:29
  Speaker 1: It's weird.
• 21:29
  Speaker 1: New vehicle incentives are rising with inventories and analysts project.
• 21:38
  Speaker 1: That trend will continue throughout the year, costing some brands more than others.
• 21:43
  Speaker 1: Average incentives reached a yearly high of $1,914 per vehicle in May, according to Kelly Blue Book.
• 21:53
  Speaker 4: This story from the old book Low by comparison to history, but yeah.
• 21:57
  Speaker 1: Yes, before the pandemic incentives approach 10% of the average transaction price.
• 22:03
  Speaker 1: you do the math.
• 22:04
  Speaker 1: Inventory is improving overall.
• 22:06
  Speaker 1: It's improving by brand, but not in an even manner.
• 22:10
  Speaker 1: Toyota and Kia, for example, have very low inventory, whereas Ram and Jeep are at the high end and have been for quite some time.
• 22:19
  Speaker 1: US vehicle buyers in May paid an average less than sticker, a constant trend since January.
• 22:26
  Speaker 1: Remember, for a long time there if you wanted to buy a new vehicle you had to pay over and above MSRP.
• 22:32
  Speaker 1: Average price new car buyers in May paid was less than $410 below sticker, but at least it was below.
• 22:39
  Speaker 1: That's a sharp contrast to May of 22 when the average transaction price was $637 more than the sticker price.
• 22:48
  Speaker 1: I thought these were interesting.
• 22:50
  Speaker 1: Consumers in May paid an average of $44,960 for a non-luxury vehicle, up $158 from April.
• 23:01
  Speaker 1: Ford and Kia had the highest non-luxury transaction prices, selling at more than 3% over sticker in May, according to Kelly Blue Book.
• 23:10
  Speaker 1: That's story from automotive news.
• 23:14
  Speaker 4: I'm still wandering through me.
• 23:15
  Speaker 1: I know you are.
• 23:16
  Speaker 4: We need to buy an ambulance and make it the mobile studio.
• 23:20
  Speaker 4: That would be cool.
• 23:24
  Speaker 1: Mars.
• 23:24
  Speaker 1: Mars is the one with the deep pockets, You know.
• 23:27
  Speaker 1: just buy it How?
• 23:28
  Speaker 1: much is it Well, they sold a 1997, ford F-250 ambulance sold for $5,000.
• 23:36
  Speaker 4: Mars.
• 23:38
  Speaker 1: You can't even buy a computer for $5,000.
• 23:41
  Speaker 1: I'll beat that.
• 23:42
  Speaker 4: They sold a 2011 Ford ambulance for $751.
• 23:48
  Speaker 4: The current bid is $751.
• 23:51
  Speaker 4: No, no, no, no Sold.
• 23:51
  Speaker 4: This is sold.
• 23:52
  Speaker 4: No, no, no This ends in 14 days.
• 23:55
  Speaker 5: But it's got the tall back to where we can put chairs and stuff in there, just like you see the FBI using when they surveil people.
• 24:01
  Speaker 1: they're not supposed to, kind of like yeah, kind of like the kid did that.
• 24:06
  Speaker 1: I went to high school with in the Ford Econoline van that had nothing in the back except folding webbed Kmart chairs that slid all over the back.
• 24:17
  Speaker 1: We could go on a road trip.
• 24:19
  Speaker 1: I had one of those fans Had you?
• 24:21
  Speaker 1: Well, not the van but the ambulance.
• 24:23
  Speaker 5: Cheech and Chong, the big bamboo.
• 24:29
  Speaker 4: And if we roll that thing in a New York Times newspaper?
• 24:34
  Speaker 5: smoke it for weeks.
• 24:35
  Speaker 1: Mars.
• 24:36
  Speaker 1: I'm thinking, no, we don't think Mars, just just just stay right there.
• 24:39
  Speaker 4: That would work.
• 24:41
  Speaker 1: That would work.
• 24:42
  Speaker 1: It would work.
• 24:42
  Speaker 1: We'd have to go to Pennsylvania to get it.
• 24:44
  Speaker 1: I'll bet you we could find one around here, Oh yeah, we pay for shipping, you know, up to 290 and Beltway.
• 24:50
  Speaker 4: There's a great trip.
• 24:51
  Speaker 2: There's a graveyard for Houston Fire Department up there.
• 24:53
  Speaker 2: 290 and Beltway Really, yeah.
• 24:55
  Speaker 2: Well, there you go.
• 24:56
  Speaker 1: Let's go up Old Homestead Highway and go up there and rummage around.
• 25:00
  Speaker 2: But some of these things are burned out.
• 25:01
  Speaker 1: We can send Michael Wooding up there to do a true value on it.
• 25:05
  Speaker 1: An appraisal, uh huh What.
• 25:10
  Speaker 2: What are you thinking?
• 25:11
  Speaker 5: I'm thinking You know how cool that would be Not to have to unpack this place and go pack it up and set it up and come back.
• 25:16
  Speaker 4: Yeah, just bring the cable wire at once.
• 25:19
  Speaker 1: And we'll get John Grader to wrap it for us, but it would have to retain the ambulance motif Yeah.
• 25:28
  Speaker 1: Yeah, because we're on the road to change the lights to rainbow colors, when you know rainbow thing here, when you listen to.
• 25:37
  Speaker 2: Inwheel Time, we'll put you in the hospital.
• 25:41
  Speaker 1: Take the ambulance.
• 25:42
  Speaker 1: That's right.
• 25:42
  Speaker 1: And if you don't listen And I'll bet you on the website we could buy from some municipality somewhere a straight jacket.
• 25:50
  Speaker 1: Yeah, and you know, we'd cart you off in the straight jacket And then on the side of it we can have a little barbecue.
• 25:55
  Speaker 2: Like a food truck.
• 25:57
  Speaker 2: Yeah, a car, a car A car.
• 26:03
  Speaker 1: See him on the top, oh my gosh.
• 26:04
  Speaker 1: Well, i see that we've got the juices flowing and we're going to have to call Greg back and say Greg watch restep.
• 26:11
  Speaker 1: I've got a great DeLorean story that I'm going to do next hour And it's a kind of exciting for me.
• 26:23
  Speaker 1: Anyway, i'm a big DeLorean fan.
• 26:26
  Speaker 1: Well, they're about to launch the new all-electric DeLorean and they've picked an ad agency, a boutique ad agency in Austin.
• 26:34
  Speaker 1: So we've got all the stoners over there coming up with all these ideas.
• 26:39
  Speaker 1: I'm I'm liking it, yeah.
• 26:41
  Speaker 4: And it's only going to go 88 miles an hour.
• 26:44
  Speaker 1: Yeah, well, and before it disappears in a flash of light.
• 26:50
  Speaker 1: Alright, friends, this has been a good, fun segment time.
• 26:52
  Speaker 1: Now for a quick break, we'll be right back.
• 26:54
  Speaker 1: You're on the Inwheel Time car talk show on I Heart Radio.
• 26:57
  Speaker 1: We're going to go through the original Loopy Tortilla Tex-Max at I-10 and Highway 6 or the Katie location on the Grand Parkway at Kingsland Boulevard When passing through Beaumont or College Station.
• 27:23
  Speaker 1: Stop in and have Loopy's award-winning beef fajitas and frozen margaritas.
• 27:27
  Speaker 1: There's always a celebration at Loopy Tortilla.
• 27:29
  Speaker 1: Loopy Tortilla founders Stan Hold and his wife Sheila are winning racers on the NHRA Drag Racing Circuit and have a collection of hot rods and classics that everyone appreciates.
• 27:38
  Speaker 1: Look for them at the next Tail Pipes and Tacos cruise in.
• 27:41
  Speaker 1: The day will be announced soon and will once again be held at the Loopy Tortilla Tex-Max on 99 in Kingsland Boulevard, just south of I-10 and Katie.
• 27:48
  Speaker 1: We'll give you all the details right here on the Inwheel Time car talk show and online Donations.
• 27:53
  Speaker 1: Benefit God's Garage.
• 27:54
  Speaker 1: We'll see you then.
• 27:56
  Speaker 1: You own a car you love.
• 27:58
  Speaker 1: Well, why not let Gulf Coast Auto Shield protect it?
• 28:00
  Speaker 1: Houstonian John Gray invites you to his state-of-the-art facility to introduce you to his specialist team of auto enthusiasts.
• 28:07
  Speaker 1: We promise you'll be impressed, whether you're looking to massage your original paint to a like-new appearance, apply a ceramic coating, install a paint protection film, nanoceramic window tint or new windshield protection called ExoShield.
• 28:20
  Speaker 1: Gulf Coast Auto Shield is where Houston's car people go.
• 28:23
  Speaker 1: Curb your wheels.
• 28:24
  Speaker 1: Instead of buying new, why not have them repaired?
• 28:27
  Speaker 1: How about a professionally installed radar detector?
• 28:29
  Speaker 1: Gulf Coast Auto Shield does that too.
• 28:32
  Speaker 1: Get a peek inside the shop and look at the services offered by getting online and heading to GCAutoShieldcom.
• 28:37
  Speaker 1: Better yet, stop by their facility at 11275 South Sam Houston Tullway, just south of the Southwest Freeway, and get a personal tour.
• 28:44
  Speaker 1: Gulf Coast Auto Shield is your place to go for all things exterior.
• 28:48
  Speaker 1: Call them today 832-930-5655, or GCAutoShieldcom.
• 28:54
  Speaker 1: The award-winning in-wheel-time car talk show is available on the most popular podcast channels out there in 30-minute episodes.
• 29:00
  Speaker 1: We realize our three-hour live show can be difficult to catch in its entirety, so now you can listen every day to a convenient, fresh 30-minute episode.
• 29:08
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• 29:14
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• 29:24
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• 29:32
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• 29:38
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• 29:42
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• 29:48
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• 29:52
  Speaker 1: That's it for this podcast episode of the InWheelTime car show.
• 29:57
  Speaker 1: I'm Don Armstrong, inviting you to join us for our live show every Saturday morning 8 to 11 am, central on Facebook, youtube, twitch and our InWheelTimecom website.
• 30:08
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• 30:17
  Speaker 1: Keep listening and we'll see you soon.