87 S4 up for Copart auction - less than 9k miles!
03-10-2017, 02:08 PM
#1
Instructor
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87 S4 up for Copart auction - less than 9k miles!
Passing this along in case anyone is interested.
https://www.copart.com/lot/22480157
Car has less than 9000 miles on it. Rare opportunity.
https://www.copart.com/lot/22480157
Car has less than 9000 miles on it. Rare opportunity.
03-10-2017, 02:15 PM
#2
Administrator - "Tyson"
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03-22-2017, 03:33 PM
#9
The Parts Whisperer
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Its back on the auction block...
https://www.copart.com/lot/22480157
What's funny is it hit the reserve price last go around. Wonder what happened...
https://www.copart.com/lot/22480157
What's funny is it hit the reserve price last go around. Wonder what happened...
03-22-2017, 09:54 PM
#11
Three Wheelin'
I believe it, I'm not a big fan of insurance carriers as s rule, but how can they pull that.
If they set the reserve, and it is met, how can the seller legally back out?
03-23-2017, 12:28 PM
#13
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Similar auctions I've bid at involving an insurance company or other dealerships selling, you don't know there is a reserve until after the highest bid is accepted. Then you find out there is a "call", go over to the office where they attempt to contact the seller and you start the negotiations.
I've seen cars go through 4-5 times only to finally sell for less than the first winning bid.
03-23-2017, 02:13 PM
#14
Former Vendor
Do we know it met the reserve? I must have missed that.
Similar auctions I've bid at involving an insurance company or other dealerships selling, you don't know there is a reserve until after the highest bid is accepted. Then you find out there is a "call", go over to the office where they attempt to contact the seller and you start the negotiations.
I've seen cars go through 4-5 times only to finally sell for less than the first winning bid.
Similar auctions I've bid at involving an insurance company or other dealerships selling, you don't know there is a reserve until after the highest bid is accepted. Then you find out there is a "call", go over to the office where they attempt to contact the seller and you start the negotiations.
I've seen cars go through 4-5 times only to finally sell for less than the first winning bid.
But I agree with you, I've never seen any car get bid up to the original amount the first time through on subsequent auctions. I've noticed the same phenomenon on eBay auctions quite often...