Re: Kevin Hand Collector Car Collection at Auction
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Fast67VelleN2O</div><div class="ubbcode-body">I don't care what kind of hand shake or verbal deal you have with someone prior to your car going across the auction block. If it is going through at NO RESERVE, you should expect that something may happen where someone would actually win it at less than what you would like to get it for.
Why run it at NO RESERVE if you want a minimum amout for the car? The only person at fault here is the SELLER. No one else. </div></div>
I agree with this 100% If the seller had a set minimum price he wanted for this car, he should have run it with a reserve plain and simple. He chose not to and got less than he expected....sorry but it's the sellers own fault and he has no reason to be complaining here, it's his own fault!!!
I ran my 1970 Z28 through the Mecum auction last Sept in St Charles with a reserve. It didn't make reserve so I took the car home, plain and simple. Personally, I don't understand why anyone would run a car at auction without a reserve...the reserve is there to protect you the seller and the commission is not that much more at Mecum with a reserve 6% vs. 4%. Just my humble opinion.
__________________
1970Camaro Z28
|