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RS America market?

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Old 04-29-2024, 04:25 PM
  #31  
jreifler
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Originally Posted by bmwtmx
No he just said he didn't think he would win. BaT will not let me comment on the auction which is utter and complete bull****. How can they allow his sale to go through and not honor his purchase 3 days prior?
Well, the real bad actor here is the sh*tty buyer who flaked. You simply don't bid if you're not able and prepared to honor.

BaT had to pick a lane with their business model, so to speak, and the lane they chose is that of a pure exchange format. They won't involve themselves in any way with the transaction itself, and really, they can't. They'd open themselves up to massive exposure and liability if they tried to police the deal itself.

Their involvement is limited to some degree of monitoring comments, and an attempt to ensure accuracy and honesty in seller representations in material facts / pictures. And even there, it's super limited, because they're only providing the platform.

I agree they could have a policy that backing out of auctions results in a ban, but then they'd have to police that policy and assume the role of fact-finder. So in your situation, it could theoretically have been you who flaked on the sale, but complained it was the buyer, and so on and so forth with a he-said / she-said. Can of worms for BaT to try to enforce, so they do nothing.

Not diminishing how utterly sh*t this situation is; just clarifying BaT really doesn't have the onus to take action.

I'm hoping your buyer sells today and honors his commitment. You could actually sue, as you do have a legally binding contract, but no one would given the costs and hassle.
Old 04-29-2024, 04:41 PM
  #32  
jreifler
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Oh wow! They withdrew his auction ! I stand corrected. Good on BaT.
Old 04-29-2024, 04:46 PM
  #33  
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If a buyer or seller doesn’t honor their obligations they are banned from BaT. It is their policy. You can view this in all auctions that end this way.
Old 04-29-2024, 04:46 PM
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Originally Posted by jreifler
Oh wow! They withdrew his auction ! I stand corrected. Good on BaT.
Thanks for all the work in this community, I was going to join the fun in the last couple of minutes too! It was the exact spec i was looking.
Old 04-29-2024, 04:55 PM
  #35  
bmwtmx
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It’s a small consolation but at least it was cancelled. I would have lost a few hairs if they allowed it to go through.
Old 04-29-2024, 04:56 PM
  #36  
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Originally Posted by bmwtmx
It’s a small consolation but at least it was cancelled. I would have lost a few hairs if they allowed it to go through.
Will you re-list with BaT ?
Old 04-29-2024, 05:13 PM
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I think there are a number of bidders on BAT that have no intention of actually purchasing, when you look at their history, a bunch of bids but no wins.
Old 04-29-2024, 05:15 PM
  #38  
bmwtmx
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Eventually it will be relisted. Timing is not great due to moving in 2 weeks to renovate my house.

Last edited by bmwtmx; 04-29-2024 at 05:28 PM.
Old 04-29-2024, 05:20 PM
  #39  
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Originally Posted by Ralph3.
I think there are a number of bidders on BAT that have no intention of actually purchasing, when you look at their history, a bunch of bids but no wins.
LOL, so true. On that specific auction, user @aweh asked some relevant and irrelevant questions with no intentions of bidding. However, some questions do help the REAL buyers.
Old 04-30-2024, 09:05 PM
  #40  
2swoosh
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1993 RS America sold for 302 at air/water auction
Old 05-07-2024, 10:48 AM
  #41  
bmwtmx
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Car is sold.
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Old 05-07-2024, 11:53 AM
  #42  
jreifler
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Originally Posted by bmwtmx
Car is sold.
How'd you do ?
Old 05-07-2024, 02:16 PM
  #43  
bmwtmx
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It's sold, not for the auction result but not far off. Have to move on as have too much on my plate right now.
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Old 05-07-2024, 03:18 PM
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Originally Posted by bmwtmx
Car is sold.
sorry for your loss
Old 05-07-2024, 07:24 PM
  #45  
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I bought the RS America from @bmwtmx...I was the high bid at 150K so it was offered to me first. We spoke on and off for a couple days. One of the best sellers I have ever encountered. I am sure I will have tons of questions.

ODK
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