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Old 03-24-2011, 09:34 PM
iluv69s iluv69s is offline
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Default Re: Kevin Hand Collector Car Collection at Auction

Stefano, I appreciate your response and I realize that You in fact did state that there was not any deal made to protect THIS car. But I have also read the other side of the story that seems to state there was in-fact a deal made. That is why I asked if these type of deals are EVER made at other auctions that You are aware of, which I do not recall seeing a response. Please correct me if I am wrong.

Maybe somone can find the thread on the blue RS ZL-1. I am curios if the auctioneers agreement to protect the sellers total sale price was a written agreement or just a verbal agreement. Based on what You are asying, it must have been a written agreement, AND IF SO, I THINK THAT SHOULD BE TOLD TO ALL POTENTIAL BUYERS BEFORE WASTING THIER TIME ON A NO-RESERVE AUCTION THAT IS NOT REALLY A NO-RESERVE AUCTION.


I want to make this perfectly clear. Of all the car dealers that I have run across, be it on the internet or in person or publications, based on everything I have seen and heard, You are one of, if not THE most respected muscle/classic car dealers that I have run across. Like Matt said, in this day and age, it is difficult to find someone that puts thier word before the mighty dollar.

Believe me, I am apalled that these type of buy back deals are (possibly) made between sellers and the auction companies. That is the reason I was trying to bring them to light, if in-fact they do exist. I do not think it is fair to someone who spends thier time and money to travel to a no-reserve auction only to see the car of thier dreams bought back by the owner or an agent of him or the auction company.

This is not about defending anyone or picking sides for me..

Obviuosly Kevin made a big mistake..whether it was to place his car in a no-reserve auction or whether it was trusting someones elses word without a written contract, ้ither way it was HIS mistake. At this point it is a matter of he said-she said.




And Tom C, I believe Kevin was responding to another members post asking the question why he put the car on a no-reserve auction..at which time he explained his side of the story. Who better to respond than Kevin himself? Although I tend to believe Stefano because of everything I have known about him over the years, It is obvious that Kevin feels that there may have been some kind of deal made. Is it possible that Stefano was not aware of such deal???...

And I totally agree with Tom406 on the no-reserve aspect..many decisions have been made/changed as to the amount someone is willing to pay for a car at the moment the car is on the block. Especially when they know that just one more bid may take the car of thier dreams home. Believe me, when the camera at the BJ auction arrives in front of a potential buyer, especially if he is with his wife/girlfriend/family, at times ego takes over and some cars sell for riduculous money...everyone wants to be a TV star. I have personally attended auctions and ended up bidding more than I originally told myself I was going to bid at the moment the item was on the block.I am sure this happens VERY often.

This thread has now spun out of control and We are now officially kicking a dead horse !!!


max
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