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Weekly Repo #5 — July 2024 Recap

July 15, 2024 ·Administrator

Our July 2024 auction is in the books. Thank you to the bidders, the lenders, and the in-person crowd that turned out for the event.

By the numbers

  • 39 lots crossed the block
  • 73% sell-through
  • $753,024 in total hammer

Highlights from the floor

  • A clean-title 2020 Chevrolet Silverado 1500 repo from the credit union floor — sold for $31,800.
  • A fleet-pulled 2016 BMW 3 Series that closed at $18,900, well above pre-sale estimate.
  • A low-mile 2015 Ford Mustang that hammered at $19,250 after a brisk back-and-forth in the final minute.

Plenty of strong inventory still on the floor for next month. The next catalogue is already filling up — register for a paddle and we'll see you next event.

Browse inventory → More from the Journal

More from the Journal

Recent entries from the floor.

Field Notes

What our customers say

James Miller
📍 Columbus, Ohio

I enjoyed the experience for the most part. Selling my old car and buying another one through 5 Point Auto Group was easier than any car purchase I’ve made before. The only thing that got on my nerves was the waiting, but honestly, the delays weren’t too bad considering the circumstances. A delivery truck breaking down is something nobody can really control. Everyone I dealt with was great. They kept checking in, giving me updates, and making sure I was doing okay. Thanks, 5 Point Auto Group. I’ve already recommended you guys to pretty much everyone I know.

★★★★★
Emily Davis
📍 Austin, Texas

Everything went smoothly right up until I picked up the vehicle. When I got the Maserati, the check engine light was flashing and the interior was dirty. 5 Point Auto Group let me take it in for a diagnostic test during the seven day trial period, and thankfully, it didn’t show any major mechanical problems. Still, the car should have been cleaned properly, and the warning light should have been taken care of before I ever picked it up. Hopefully, they tighten up those details before I buy from them again.

★★★★★
Michael Johnson
📍 Seattle, Washington

I work from home and really don’t have time to spend my day driving around and looking at cars. 5 Point Auto Group was a perfect fit for me because I could browse everything online and find the exact car I wanted without leaving home.

★★★★★
Sarah Wilson
📍 Denver, Colorado

This is the second car we’ve bought through 5 Point Auto Group, and so far, we love it. My only complaint is how dirty the car was when it arrived. I have two young kids, so trust me, I understand that cars get messy. But finding crushed Cheerios ground into the back seat and sticky residue on some of the rear buttons was pretty gross. It won’t stop us from buying from 5 Point Auto Group again, but it’s definitely something they need to do a better job with.

★★★★★
David Brown
📍 Phoenix, Arizona

I’ve bought more than 10 vehicles over the years, and my experience with 5 Point Auto Group was easily the best one yet. There was none of the usual dealership hassle, no pushy sales tactics, and no surprise fees or hidden charges. The whole process was simple and straightforward.

★★★★★
Jessica Taylor
📍 Nashville, Tennessee

The process was quick and efficient. I didn’t have to waste hours sitting around a dealership, and they delivered the new car straight to my house. The seven-day return window gave me enough time to have the car checked out at an Alfa Romeo service center. That gave me real peace of mind and confirmed that I had made the right choice.

★★★★★