1958 356A convertible just went for $125,000
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1958 356A convertible just went for $125,000 on barett-jackson
like for $60,000 it'd be a fair price - someone really wanted that car!
crazy
like for $60,000 it'd be a fair price - someone really wanted that car!
crazy
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Guess the drunk guy who bid $125,000 woke up, realized what he'd done, and backed out of the deal. I'm sure that the ebay seller is B-J. Because we would never want to even hint that perhaps there might have been some shilling going on under the big top Saturday night.
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#9
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It’s not a secret that shill bidding is allowed at B-J. Owners often have their cars on as “no reserve”. But in reality the owner does have a reserve that they want to get. So if that price is not met, they just simply bid on their own car and pay the commission to B-J. For the owner this is still much better than selling their car for much less than they think its worth. B-J doesn’t really care as long as they get the commission from the buyer and the seller.
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Originally Posted by Imo000
It’s not a secret that shill bidding is allowed at B-J. Owners often have their cars on as “no reserve”. But in reality the owner does have a reserve that they want to get. So if that price is not met, they just simply bid on their own car and pay the commission to B-J. For the owner this is still much better than selling their car for much less than they think its worth. B-J doesn’t really care as long as they get the commission from the buyer and the seller.
although at a certain point when factoring in the comission you'd pay it's worth just simply letting it go for less