Re: Help With Selling #1 Car at Auction - Mecum Indy?
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: njsteve</div><div class="ubbcode-body">The fact is that the car actually "sells" during the week it is on display when you are presenting it to prospective buyers, not during the 30 seconds it's on the block.
Most prospective buyers see an absent seller as a big red flag as to the authenticity and/or quailty of a car. If I was looking to buy a particular car at auction and couldn't find anyone there or a seller rep who wouldn't answer questions, I would not place a bid on that car unless it was a car I already knew everything about. </div></div>
Agreed. It would have to be a car I was very familiar with before I parted with serious coin.
I bought a 72 AMX from a guy who had purchased it at an auction. He hadn't planned to bid on it, but when it wasn't getting any attention, he threw out a bid and got it CHEAP. He didn't figure out why until he got it home and brought it to his mechanic. It was a cobbled together mess, full of bondo, and had structural rust in the front and rear subframes. Just a parts car.
Thanks
Scott
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