[Charley Lillard]

I know some of the smaller auctions sometimes have agreed to reduce fees if the dealer has to buy the car back but Barrett is so big that they are at the Mercy of nobody. 10 Dealers could refuse to bring cars to Barrett and it would have no effect. I have a Friend that is a Dealer and he has alot of Consignment cars. He tried to do Barrett with Reserves and was told they could only be listed with no Reserves. He explained to them that he does not own the cars and the car owners have net prices that he has to get before he can sell their cars. If those net prices were not met, they would have to made up out of his pocket. He could effectively be Bankrupted if everything went wrong. He did not bring any cars and only a couple People asked me why he wasn't there.