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17Timewarp NE auto dealer auction draws big crowds, bigger prices [UPDATE]

The hotly anticipated auction for a cache of vintage cars and trucks stashed by a Nebraska Chevrolet dealership took place over the weekend, and as expected, many of the low-mileage classics fetched high-dollar bids. Close to 500 former new cars and dealer trade-ins that have been sitting in and around Lambrecht Chevrolet for decades finally had their day in the sun – or mud rather, as Autoweek tells it – and on the first day alone, the vehicle lots on offer sold for more than $1 mil

36Cache of vintage Chevys in Nebraska headed to auction [w/video]

This isn't the first car dealer turned time capsule, but it might be the biggest. Ray Lambrecht stashed about 500 new cars from 1958 to 1980 that didn't sell at his Pierce, NE, Chevrolet dealership before he closed shop in 1996, Yahoo News reports. His reasoning? Instead of selling previous model-year inventory at discounted prices, he kept the cars thinking they'd appreciate over time. Soon we'll find out how his unique business strategy worked, as all of the old/new cars - stored in the dealer

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