Joe Lucia's "other" stash? - NCRS Discussion Boards

Joe Lucia's "other" stash?

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  • D S.
    Extremely Frequent Poster
    • February 28, 2005
    • 1551

    Joe Lucia's "other" stash?

  • Ralph E.
    Expired
    • January 31, 2002
    • 905

    #2
    Re: Joe Lucia's "other" stash?

    Originally posted by D Scott Sims (43568)

    is Proteam closing shop?

    Comment

    • Joe L.
      Beyond Control Poster
      • January 31, 1988
      • 43191

      #3
      Re: Joe Lucia's "other" stash?

      Originally posted by D Scott Sims (43568)

      Scott-----


      Looks like mostly used stuff; I don't have a lot of used parts.

      It also looks like Pro Team is calling it quits as has been previously reported. It also might mean that they're trying to raise cash by selling off a "non-core" part of their business.
      In Appreciation of John Hinckley

      Comment

      • D S.
        Extremely Frequent Poster
        • February 28, 2005
        • 1551

        #4
        Re: Joe Lucia's "other" stash?

        It would seem so or just reducing their inventory because of the depressed economy. First clue I had was when they put a bunch of C-3 parts on eBay for sale in a lot auction a few days ago. Then this auction. But look at it this way....whoever buys it, if it gets sold, will hopefully saturate the market with hard to find parts. If it doesn't get sold I'm hoping Pro-Team will sell it all off on eBay piecemeal.

        Comment

        • D S.
          Extremely Frequent Poster
          • February 28, 2005
          • 1551

          #5
          Re: Joe Lucia's "other" stash?

          Joe, I knew that from previous posts. Just injecting a little humor. However, I would have liked to have seen that Pro-Team used parts inventory first-hand.

          Comment

          • Edward C.
            Expired
            • February 28, 1985
            • 125

            #6
            Re: Joe Lucia's "other" stash?

            I heard some time ago that Pro Team was trying to sell the whole business..Ed

            Comment

            • John H.
              Beyond Control Poster
              • November 30, 1997
              • 16513

              #7
              Re: Joe Lucia's "other" stash?

              Originally posted by Edward Campbell (8315)
              I heard some time ago that Pro Team was trying to sell the whole business..Ed
              Yes, they are - they hired a third party to accept/evaluate bids for the entire business several months ago.

              Comment

              • Stuart F.
                Expired
                • August 31, 1996
                • 4676

                #8
                Re: Joe Lucia's "other" stash?

                You wonder why Terry is still out buying cars. I believe I saw him at the BJ and the other auction that was televised out of Phoenix. He got some real steals too, but unusual for him, they were modified cars. Perhaps he's just stage struck and can't help himself.

                Stu Fox

                Comment

                • Floyd B.
                  Extremely Frequent Poster
                  • October 31, 2002
                  • 1046

                  #9
                  Re: Joe Lucia's "other" stash?

                  He bought several cars at Mecum also.
                  '69 Blue/Blue L36 Vert w/ 4-Spd
                  '73 Blue/Blue L48 Coupe w/ 4-Spd
                  '96 Red/Black LT-4 Convertible
                  "Drive it like you stole it"

                  Comment

                  • Dick W.
                    Former NCRS Director Region IV
                    • June 30, 1985
                    • 10483

                    #10
                    Re: Joe Lucia's "other" stash?

                    In a business like his, even though it is for sale, you have to operate the business as usual, or you will go down the tubes before you sell it
                    Dick Whittington

                    Comment

                    • Joe L.
                      Beyond Control Poster
                      • January 31, 1988
                      • 43191

                      #11
                      Re: Joe Lucia's "other" stash?

                      Originally posted by Dick Whittington (8804)
                      In a business like his, even though it is for sale, you have to operate the business as usual, or you will go down the tubes before you sell it
                      Dick-----


                      Yes. If one just "gives up", there is really no business to sell; it's then just a matter of liquidating inventory and not selling a business, per se.
                      In Appreciation of John Hinckley

                      Comment

                      • Edward C.
                        Expired
                        • February 28, 1985
                        • 125

                        #12
                        Re: Joe Lucia's "other" stash?

                        He may have been star struck like I was watching the good deals that have not been seen for years and like I was thinking if I were there and could bid I would have bought some modified too. I agree if you don't keep the business going it is truly of much lesser or no value.Ed

                        Comment

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