Re: Russo and Steele auction
 

How much time do you guys think they would need to auction off 500+ cars if they started bids at 0 ?? I have talked about this reserve auctions before and you guys think im talking out my A%^. I cant believe how many are confused about how they work on reserve auctions and E-BAY !!!

Their's Hero's and their is Zero's !!

Its funny both cases sounds like they got more money then expected and they are CRYING !!!! GREED !!! https://www.yenko.net/ubbthreads/images/graemlins/no.gif

Re: Russo and Steele auction
 

The auction house is an agent for the seller of the car. You would expect the auction house to do everything possible to sell your car at the price you want, isnt that what your paying them for?
Im pretty sure that people put thier cars up for auction because they believe they will get a premium price for it, why else would you pay the high fees?
With that being said I can sorta agree with what RS is saying but it still just doesnt "feel" right https://www.yenko.net/ubbthreads/imag...lins/smile.gif

Re: Russo and Steele auction
 

What does it matter if this is the car. He bought the car legally and now this seller is crying over his mistake. Obviously this guy was only doing what everybody else does at auctions and that is buying what he wanted.

Re: Russo and Steele auction
 

If the auction houses do not disclose to 'the buyers' that they may pay more for a car because they were bidding against the house that is wrong. If the auction house does indeed buy the car that's different. Otherwise it's fraud and cast a shadow of doubt on the whole business.

Re: Russo and Steele auction
 

[ QUOTE ]
Nothing is worse than “working to get the reserve for a seller” only to have him “pull your shorts down” as he lifts his reserve on the block at $245,000 – for $65K less! This occurred in this instance when the above contract clause was being utilized on BEHALF of the seller in an attempt to get the seller what he said he wanted. If indeed he was wiling to take a substantial amount less, than there is only two reasons why he “shot high” on the reserve; 1) to “make us work harder” to sell the car. Anyone who has been to my auction knows this is impossible to do, since my gang works the hardest of any on the planet. 2) to have a high reserve to allow the seller to “grind” a negotiation on the block for less than the stated 10% reserve. In all my years of doing this, these are the ONLY two reasons, all others are delusions.


[/ QUOTE ]

I am owner of the Boss 429. It is very interesting to me that Mr. Alcazar knew my mind set before I reached the auction block that night. It is also interesting to see that his comments and opinions about my state of mind before and on the block have made it to a public forum.

I find it interesting only because my partner and I were told by Mr. Alcazar that if we said anything in a public forum regarding this situation that "a ton of bricks would come down" on us. To this end I have posted nothing but facts. I posted a video of what happened to my car and let people who watched it from their own opinions.

[ QUOTE ]
Similar to when a Cop pulls you over for doing 105 mph on the freeway, the excuse of “I did not know” will not get you out of the ticket.

[/ QUOTE ]

This quote also got my attention. I guess Mr. Alcazar is reffering to me not thoroughly reading and understading my contract. But, it is acceptable for him when he doesn't know who is working for him when it comes to bids. Maybe he forgot that is what he told me when he let me know the car did not sell.

[ QUOTE ]
As I have run out of cheese and crackers, this will be my last post, I just do not have any left or the “whine”.


[/ QUOTE ]

I leave with one question. When the gentleman that bid $250,000 the first time the white 1969 Boss 429 went across the block and then decided not to pay, did that cause Mr. Alcazar to "whine"?

Just like anything in life, it depends on whose shoes you are standing in.

Chris Burns
Santa Barbara Muscle Cars
www.santabarbaramusclecars.com

Re: Russo and Steele auction
 

You know, this guy states that he never knew his contract has $100,000 as the reserve, but please notice, he signed this in November. How long does it take a person to realize a mistake?

Re: Russo and Steele auction
 

[ QUOTE ]
You know, this guy states that he never knew his contract has $100,000 as the reserve, but please notice, he signed this in November. How long does it take a person to realize a mistake?

[/ QUOTE ]

Two different cars. I think everyone reasonable can agree that if you sign a contract for 100k, you should live with that.

HOWEVER, from what I read here, this guy is the BOSS429 guy, who agreed to allow RS to lower his reserve, and the car sold. BUT,it turns out that RS did not communicate with their "shill" bidders that the reserve was lower. Thus, resulting in RS "winning" the BOSS429.

Seems to me like it's Mr. Drew whos the one "whining" now.....

IMO, RS should have "manned up" and made their mistake right.

Also seems like the practice of changing the contract arraingements on the block is one big mess.........

Re: Russo and Steele auction
 

Can R & S really have it both ways? Do I understand this situation correctly ?
If you allow for a reserve to be lowered and you accept the lowered reserve yet fail to communicate to your employee ( the hardest working gang in the business)that the reserve is lowered and then your employee is bidding in the capacity to create action up to the reserve yet bids passed the reserve and becomes the high bidder , then you own the car! You can't split hairs here. Of course if it does say on the contract " If we accidently bid your car passed the reserve and become the final bid we reserve the right to tell you sorry we made a mistake" Well then I guess it is OK

Re: Russo and Steele auction
 

help me out here, i'm not the sharpest stick in the pile...

if I travel across country, prove my credibility and value worthiness to be able to bid, and then unknowingly may be bidding against a $10 hour day laborer who can't buy a Geo Metro on credit, and this is acceptable behavior of certain auction houses??

please, tell me i'm wrong..

please..

Re: Russo and Steele auction
 

[ QUOTE ]
help me out here, i'm not the sharpest stick in the pile...

if I travel across country, prove my credibility and value worthiness to be able to bid, and then unknowingly may be bidding against a $10 hour day laborer who can't buy a Geo Metro on credit, and this is acceptable behavior of certain auction houses??

please, tell me i'm wrong..

please..

[/ QUOTE ]

You aint wrong from what I have read here so far.

Re: Russo and Steele auction
 

Looks like user Udon'tgetit just registered today, and is trying to post under an alias:

http://www.69lm1.com/pics/udont.jpg

https://www.yenko.net/ubbthreads/imag...s/rolleyes.gif

Re: Russo and Steele auction
 

PWNED.

Re: Russo and Steele auction
 

Would I have put my name on if I was posting under an alias. Get real. I am defending what happens at an auction. Obviously you could not read that. Learn to read moron.

Re: Russo and Steele auction
 

[ QUOTE ]
Would I have put my name on if I was posting under an alias. Get real. I am defending what happens at an auction. Obviously you could not read that. Learn to read moron.

[/ QUOTE ]

Actually we do know what is going on, which we disapprove of here. If you would like to change the tone of your last post, and be up front and honest, we will get along fine.

User names and member numbers are <font color="red"> Udon'tgetit(7978) and texas_musclecars(7979, </font> and are sharing the same computer.

Re: Russo and Steele auction
 

Thanks for calling a spade a spade Tom. https://www.yenko.net/ubbthreads/imag...iggthumpup.gif

There is a lot more of this going on then most know about. https://www.yenko.net/ubbthreads/imag...s/rolleyes.gif

Re: Russo and Steele auction
 

Heated or interesting threads usually generate new posters.

https://www.yenko.net/ubbthreads/imag...iggthumpup.gif Welcome Kit click here https://www.yenko.net/ubbthreads/imag...mlins/flag.gif https://www.yenko.net/ubbthreads/imag...mlins/flag.gif


(and some may have to share the computer in the office at the direction of the boss) https://www.yenko.net/ubbthreads/imag...thumbsdown.gif

Re: Russo and Steele auction
 

Really??? I don't have to change my tone on anything when I have done nothing wrong. Don't accuse somebody of something, when you don't even know. If Texas Muscle Cars has registered, why would I be registering under a different name and how is this relevant to me. I am an individual that is reading on this and posted a reply. So sorry I cannot do that in this free country of ours.

Re: Russo and Steele auction
 

[ QUOTE ]
Really??? I don't have to change my tone on anything when I have done nothing wrong. Don't accuse somebody of something, when you don't even know. If Texas Muscle Cars has registered, why would I be registering under a different name and how is this relevant to me. I am an individual that is reading on this and posted a reply. So sorry I cannot do that in this free country of ours.

[/ QUOTE ]


Here we go again!!!!!!!!! https://www.yenko.net/ubbthreads/images/graemlins/bs.gif
Ken https://www.yenko.net/ubbthreads/imag...mlins/flag.gif

Re: Russo and Steele auction
 

[ QUOTE ]
If Texas Muscle Cars has registered, why would I be registering under a different name and how is this relevant to me.

[/ QUOTE ]
Here's the problem, or at least what's *suspicious*...

Udon'tgetit registered on 02/20/08 @ 08:44 AM...texas_musclecars registered on 02/20/08 @ 10:51 AM...they share the *exact* same IP addresses and are sharing the *exact* same computer. See the problem?

I'm not suggesting any foul play, but it's not exactly a great way to get acquanted to a new site...

Re: Russo and Steele auction
 

BUSTED! Anyone can do an IP address track and trace, so please refrain from the crocodile tears.

This is an absolute textbook example of spin control: When confronted with an undeniable fact, you must always do the following: deny, redirect, then counteraccuse.

DENY: "Really??? I don't have to change my tone on anything when I have done nothing wrong."

REDIRECT: "Don't accuse somebody of something, when you don't even know."

COUNTERACCUSE: "If Texas Muscle Cars has registered, why would I be registering under a different name and how is this relevant to me. I am an individual that is reading on this and posted a reply. So sorry I cannot do that in this free country of ours."


So how much is the Shelby? It says "Call for Price"

http://www.texasmusclecars.com/webte...spx?iid=257162

Re: Russo and Steele auction
 

Call them.

Re: Russo and Steele auction
 

[ QUOTE ]
Looks like user Udon'tgetit just registered today, and is trying to post under an alias:

http://www.69lm1.com/pics/udont.jpg

https://www.yenko.net/ubbthreads/imag...s/rolleyes.gif

[/ QUOTE ]

Same member number, new name and location. https://www.yenko.net/ubbthreads/imag...s/confused.gif

Profile for Udon'tgetit

Email
Member # 7978
Name Sharon Stevens
Title newbie
Total Posts 5
Homepage
Occupation
Hobbies
Location San Antonio, TX
Bio
ICQ Number
Registered on 02/20/08 08:44 AM

Re: Russo and Steele auction
 

What the hell are you talking about. i did not change my information. Some idiot is screwing with this. You need to obviously get a life if you are doing this to someone. I know who I am and what I do, obviously not you. Who the hell is this person anyway? I am done with these juvenile acts.

Re: Russo and Steele auction
 

I love a good fight but...

Your credibility is eroded with tone of your message.

IMO The lady doth protest too much

https://www.yenko.net/ubbthreads/imag...ns/scholar.gif

Re: Russo and Steele auction
 

[ QUOTE ]
[ QUOTE ]
Looks like user Udon'tgetit just registered today, and is trying to post under an alias:

http://www.69lm1.com/pics/udont.jpg

https://www.yenko.net/ubbthreads/imag...s/rolleyes.gif

[/ QUOTE ]

Same member number, new name and location. https://www.yenko.net/ubbthreads/imag...s/confused.gif

Profile for Udon'tgetit

Email
Member # 7978
Name Sharon Stevens
Title newbie
Total Posts 5
Homepage
Occupation
Hobbies
Location San Antonio, TX
Bio
ICQ Number
Registered on 02/20/08 08:44 AM

[/ QUOTE ]

Busted! She works for/with Rick Prince the owner of Texas Muscle Cars...clink this link below for a view of his old web page which mentions her by name. I really don't see the need to hide as I think we all agree that by winning the bid for 100k on the Shelby he made a great buy and the consignor screwed up.

http://web.archive.org/web/200701052...ctinformation/

I may be somewhat responsible for the 2 new registrations...I have known Rick for about 3 years and after I posted the link to the "thats racin" show I sent him an email with a link to the same website that I did here. I wanted him to see it first hand as I'm sure someone would ask him about. I don't know how they found about the discussion here but I'm sure someone saw it here and alerted him.

Re: Russo and Steele auction
 

Howard, thanks for the info. I too do not see why Texas Musclecars felt this was the best course of action. They bought the car fair and square. Yes. is was "a steal", but how many of us would love to stumble into such a deal? And how many of us would void the deal if in their shoes? Before they started posting this crap, I was on their side, not now. https://www.yenko.net/ubbthreads/images/graemlins/bs.gif

Re: Russo and Steele auction
 

This is https://www.yenko.net/ubbthreads/images/graemlins/bs.gif

From someone who DOES GET IT!

Edit: Sorry Tom. We must have hit the button at the same time.

Re: Russo and Steele auction
 

Geez at this point I certainly wouldn't recommend this dealer to anyone. I am sure they will come up with an excuse that some rogue employee did this.

Re: Russo and Steele auction
 

deja-vu....

Re: Russo and Steele auction
 

[ QUOTE ]
What the hell are you talking about. i did not change my information. Some idiot is screwing with this. You need to obviously get a life if you are doing this to someone. I know who I am and what I do, obviously not you. Who the hell is this person anyway? I am done with these juvenile acts.

[/ QUOTE ]

DENY: "i did not change my information."

COUNTERACCUSE: "Some idiot is screwing with this. You need to obviously get a life if you are doing this to someone."

REDIRECT: "I know who I am and what I do, obviously not you."

https://www.yenko.net/ubbthreads/imag...mlins/haha.gif

Re: Russo and Steele auction
 

Is this really Joey from Georgia??

https://www.yenko.net/ubbthreads/imag...s/confused.gif https://www.yenko.net/ubbthreads/imag...s/confused.gif

Re: Russo and Steele auction
 

[ QUOTE ]
Is this really Joey from Georgia??

https://www.yenko.net/ubbthreads/imag...s/confused.gif https://www.yenko.net/ubbthreads/imag...s/confused.gif

[/ QUOTE ]

Now THAT'S funny. https://www.yenko.net/ubbthreads/imag...mlins/haha.gif https://www.yenko.net/ubbthreads/imag...mlins/haha.gif

Re: Russo and Steele auction
 

[ QUOTE ]
[ QUOTE ]
Is this really Joey from Georgia??

https://www.yenko.net/ubbthreads/imag...s/confused.gif https://www.yenko.net/ubbthreads/imag...s/confused.gif

[/ QUOTE ]

Now THAT'S funny. https://www.yenko.net/ubbthreads/imag...mlins/haha.gif https://www.yenko.net/ubbthreads/imag...mlins/haha.gif

[/ QUOTE ]


Damn...now my head really hurts...

Sheesh...at least the Udontgetit crew could have gotten together and told each other that they were going to resgister....

https://www.yenko.net/ubbthreads/imag...ins/stupid.gif

Re: Russo and Steele auction
 

This is the One and True Texas Muscle Cars. I have not, nor have I had anybody post to this forum. I have nothing to say on this situation at Russo and Steele, at this time. For anybody that knows me, knows who I am and how I operate. I will handle this in the way that I find necessary, but I will not accept the fact that anybody has been posting under my presumed name. Believe the past postings for what they truly are and that is impersonation. Thank you,

Texas Muscle Cars
The True Texas Muscle Cars
www.texasmusclecars.com

Re: Russo and Steele auction
 

IP tracking is as solid as your DNA

a court of law will accept it at face value

now, where were we ?? https://www.yenko.net/ubbthreads/images/graemlins/bs.gif

Re: Russo and Steele auction
 

I remember reading in some of the auction information that the auctioneer is allowed to place bids on behalf of the seller up to but not reaching the reserve price. This is nothing new and I think most of the auctions clearly make this information available as I remember seeing it and I've never been involved with an auction. That's one reason why you don't want to look at what a car was bid up to even if it didn't meet the reserve. You might see a car with a reserve of $100K bid up to $90K and think that's what someone is willing to pay. But that's not necessarily a real bid. I don't think there is any new information here regarding auctions but it seems like a lot of people never knew about the auctioneer placing a bid for the seller.

Re: Russo and Steele auction
 

Yep, I was just an expert witness in a court case where a top salesman left a company and sent an email to a multi million dollar client, posing as the president of his old company. He played like the owner of the client company was "accidentally" included in the email where he stated that company #1 could'nt wait to screw the client again this year. Then he contacted the client as company #2, saying that he left company #1 and could he earn the client's business. He thought he was being smart by using hotmail. We got the email headers, traced the IP back to company #2, and correlated everything back to company #2.

They setteled the case.........

Re: Russo and Steele auction
 

For years I have heard the mantra from the BJ auction TV coverage that (and I paraphrase) "you just need two guys that want the same car" to drive the price up. It is now apparent that you just need one guy that wants the car and a house shill, to drive the car up. https://www.yenko.net/ubbthreads/imag...emlins/eek.gif

On another note, if a car had a low reserve set(under value), could the house have their shill bid it up to the reserve and then drop the gavel? https://www.yenko.net/ubbthreads/imag...lins/dunno.gif

Re: Russo and Steele auction
 

Something seems a little odd here. Texas Muscle Cars registered here over a year ago and never posted a message on the boards until his name was mentioned. Someone else registered from his computer and denies knoing him. All of a sudden he appears after 13 months and denies that anyone registered using his computer.
James

Re: Russo and Steele auction
 

[ QUOTE ]
That's one reason why you don't want to look at what a car was bid up to even if it didn't meet the reserve. You might see a car with a reserve of $100K bid up to $90K and think that's what someone is willing to pay. But that's not necessarily a real bid.

[/ QUOTE ]

I'm guilty of this. I read the auction results and check the "no sales" and have alway thought that the "no sale" price was the fair market value of the car on the day.
https://www.yenko.net/ubbthreads/imag...emlins/eek.gif