[joey]

one problem with john bidding on his own car is that with a no reserve that would be considered bid shielding (artificially inflating the price)and that is illegal at most auctions the contract I signed said that I gave the auction company the right to bid up to my reserve amount but that I could not lower my reserve so what they do is pretend someone is bidding or have a few sharp looking bidders (well dresed with a wife or kid) and try to meet the reserve thats why you see the smart bidders want to get face to face with there competition, you may have also noticed quite a few back ups on quite a few bids they were what we call running the bidder you can bet that if I have a 200k car at no reserve im going to have my wife brother or friend there to make sure I dont loose 100k thats just smart at a no reserve auction the 10k in commisions is nothing compared to a 100k loss sometimes you win sometimes you loose just be prepared to play the game and thats exactly what it is!!