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02-28-2014, 11:12 PM #1
Field of thousands of classic car dreams for sale
Field of thousands of classic car dreams for sale
By Jeffrey Jablansky
Published February 28, 2014 FoxNews.com
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Are you in the market for a hard-to-find, vintage car?
Try an online auction site.
Interested in a slightly larger quantity of vehicles? Say, 8,000 or so?
Well, then L&L Classic Auto may have a deal for you.
The Wendell, Idaho, salvage yard is selling its stock of thousands of cars, as its 79-year-old owner considers finally retiring after over a half-century in the business.
And he’s throwing in the 80 acres of land they’re sitting on for free.
Or, maybe it’s the other way around.
“I will miss this place, but I won’t miss the stress of running it,” Larry Harms tells FoxNews.com.
Harms’ daily driver is a chunky, cerise 1937 Ford Coupe with thick whitewall tires, but he keeps a small collection of domestic gems for himself.
L&L, owned and operated by Harms and a staff fiercely loyal to vintage cars, began life as a body shop in a much smaller location close to town.
As the accumulated assortment of classic metal began to grow, the outfit moved to a more accommodating location that is large enough today to strike an impressive pose on Google Earth’s satellite view.
The land is populated with vehicles of all sizes and shapes, from derelict, parts-car specials to classics in running condition, some nearly a century old.
Conservative estimates put the total number between 8,000 and 10,000 vehicles, but the shop’s staff admits that it has been unable to catalog all of them.
Nevertheless, it maintains a thorough running tally of available parts for sale on its website.
As much as Harms is looking intently toward retirement, he’s not in a hurry to unload his trove.
Instead, he is firmly determined to find a buyer who is interested in preserving L&L’s cadre of historic vehicles, rather than someone who would prefer to destroy the cars and keep the land.
“I won’t [piecemeal] sell it,” Harms said. “I don’t want it crushed. I could do that myself.”
That’s right, unless you are planning to take – and take care of – the whole kit and caboodle, you’d better sit this one out.
The sum for the whole lot, including the land and the myriad cars scattered upon it, is listed at $3 million.
That’s anywhere between $300 and $375 per car, if you ever get around to counting them one by one.
“Is [that] a fair price? No, it’s low,” says one L&L employee. “It’s a great deal.”
L&L currently lists prices for some of the cars individually, including a gobsmacking 1974 AMC Matador "Oleg Cassini Edition" at $8,500, and what appears to be a pristine 1961 Pontiac Bonneville two-door for $29,000.
Most others are well picked-over and clearly past their prime.
Harms’ staff says it has already had several serious inquiries into the property, in addition to frequent calls from interested parties from as far away as South America, England, Norway, Australia and New Zealand.
Despite the apparent demand, Harms remains adamant that the cars end up in the hands of a serious buyer who understands their mettle.
“This is stuff you can’t get new,” he said. “Once it’s gone, it’s gone.”
http://www.foxnews.com/leisure/2014/...s-up-for-sale/
Commercial Property
Contact Seller
Location:Wendell, Idaho 83355 Trans:Auto
Description: 80 Acre Auto Salvage in Idaho
The largest in the North West with an inventory of over 8,000 cars. The owner is ready to retire. www.llclassicauto.com (208-536-6606
Built from the ground up this yard is one of if not THE oldest, largest continually operated yard. It is a piece of American history. Mostly domestic vehicles with a sprinkle of others. Located in Wendell Idaho there is plenty of room for expansion. Give us a call we would love to tell you more. Or better yet come view it for yourself. 2 miles north of Wendell it is located on a main highway and only 3 miles off of the freeway. We sell cars and parts all over the world. Probably only 75 percent of this yard is actually inventoried since it was started in the 60's. This place needs an energetic car lover that could update the inventory and incorporate a website to capitalize on global sells. Someone who wants to save history not crush it!
Price: $3,000,000 208-536-6607
http://www.hemmings.com/classifieds/...d/1628534.html
Last edited by JohnDoe2; 02-28-2014 at 11:15 PM.
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