It’s car auction season in Arizona, and I decided to drive to the west side of town to check out the Kruse International car auction at the Phoenix International Raceway. It took me almost an hour to get there because their website sucked and had bad directions. But I wasn’t going to let that discourage me from having a good time. It’s auction time!
After an hour of watching cars go up for bid, I was in disbelief. I know a Sunday auction isn’t as spectacular as a Saturday auction, but these cars were consistently going for less than what they were worth. The first car I saw on the block was; a ‘69 Chevy C-10 pickup with a 400 hp engine. Nobody was bidding above $8k. I could sell that truck in my driveway for $14k without a for sale sign. There was a flawless Dodge Charger R/T that didn’t even meet the reserve because nobody would bid over $16k. If you drove that car 30 miles down the road to the Barrett-Jackson auction, you could get ten times as much money.
If Barrett-Jackson car auction is booming and breaking records, this auction was small and near extinction. I didn’t know if I was wasting my time or if I was actually in the right place at the right time. So then my mind started spinning like a true capitalist.
There’s quite a supply here, and little demand. I can jump in on this and make some money. I picked up an auction sheet and began my tour of the auction lot. I inspected each car to see how much it was worth. My favorite was a showroom perfect ‘72 Chevy C-10 Cheyenne Super. I’ve never seen a prettier truck than that.
After an hour and a half of looking over the cars, I stood on the far side of the auction lot. I could barely hear the auctioneer in the distance. I was all alone, looking across hundreds of sparkling hot rods. I imagined driving them around town and having fun, and when I got bored, I’d sell them for profit. How could I lose?
I thought about the big picture in life, and it didn’t make any sense to buy a car today. I already have a cool old car, my chopped ‘54 Chevy Bel Air. My garage is full. If you think of a car as a chance to make money, I would do alright for myself it I bought a car today. But I can take that same money and put it into fixing up my house, or even put it towards another house.
But the bigger decision in my heart was choosing my passions. I cannot let opportunity and greed dominate my life. I’ve already committed 2005 to improving three of my websites: lifeteen.com, kustoms.com, and nomoho.com. I don’t want to spend time, money, or energy on cars.
I already have opportunity in front of me. I’d be foolish to get distracted and go looking for more.
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