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Old 01-11-2008, 02:32 AM
Charley Lillard Charley Lillard is offline
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Default Re: Barrett-Jackson lawsuit over the Ramcharger Cu

InI think in prior years to las year you could buy your car back. Last year they said no. I remember Andy Wolf wanting to buy his 68 Yenko back and they said no. He didn't think about having a friend there to buy it back for him. Ifyou don't want to let your car go under a certain amount then you should take it to a reserve auction. If you do buy your own car back and the hammer drops before they realize you are the owner I think all they can do is charge you both the buyer and seller fee. At 16% on a 100K car you only net 84K after you buy it back so you hadbetter really think about weather you think you can do better than 84K before you buy it back. You also have to have some consideration for the buyer that reads the catalog that says no reserve, flys across country only to have the guy buy his own car back.
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