Wednesday, October 8, 2014

The Daily Stat from Harvard Business Review

  Daily Stat - Harvard Business Review

October 08, 2014

An Attachment to Cars Gets Out of Hand


During his five decades running a Chevrolet dealership in Nebraska, Ray Lambrecht held onto his customers' trade-ins and quite a few new models too, amassing a collection of more than 500 cars, which he parked on a nearby farm. An auction of his collection drew 25,000 people, was filmed for the History channel, and raised $2.8 million; a 1958 Cameo pickup truck with 1.3 miles on the odometer brought $140,000, according to The New York Times. Lambrecht died recently at age 96.

SOURCE: Ray Lambrecht, Collector of Chevrolets, Is Dead at 96


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