The Face of Greed

[GOAT72]

Witness...

The new face of Greed in the classic car hobby.

The virtual Satan of Obese and Inflated Prices



Hello!
I'm "Mr. Greed"!
Wanna buy an LS6 Chevelle for only $250,000?

What was fun for us regular guys has now become an investor's pie-in-the-sky.

It was fun while it lasted.

I won't bother debating it. It's just my opinion.

[DarrenX33]

How could you say that?

[Belair62]

He only puts them up for auction Mac....

[DarrenX33]

Wait a minute. He's lining his pockets in the meantime. Not just putting them up for auction. You can't say that when a car goes up in the bidding and they pan over to him and he's wooping it up he's overjoyed for the seller?

But whatever it is nothing anyone can do about it but move on.

[budnate]

[ QUOTE ]
He only puts them up for auction Mac...

[/ QUOTE ]

Thats what I was thinking...he just puts up a place to host the show....if no-one bid it would die out...that dont like it's going to happen this year....holy smokes

[Belair62]

Darren...next week tell your boss you are going to work for free !!!

[DarrenX33]

Ok. I'll step aside on this one.

[Mr70]

How do you know a Nigerian didn't Bid?

[427TJ]

Greed? No one forces someone to sell their car at B-J. Craig Jackson's rules are up front for all to read beforehand. If you don't like his terms then sell it elsewhere. The greed is on both sides if you want to use that term. Greedy sellers want to cash-in for the max amount on their cars and Craig Jackson is their 'enabler.' If you had to haggle the price of a car you were selling in your driveway you probably wouldn't get as much for it as you could at B-J. I guarantee you that not one seller will ever tell a buyer: "You know what? 150,000 is just too much for this car so I'm going to let you have it for 100,000." C'mon guys! Craig Jackson is a business man just like millions of others. I think what's at play here is the emotion we all invest in our "hobby." Bidders yell out with all their emotion if they want a car bad enough. Don't agree? Look at Ferrari Guy bidding on the 3-million '54 Olds concept car. He was crying after the hammer dropped! So, that same emotion trickles down to the lowly TV viewers (like most of us) who will never be able to drop 155K on a '67 435 Corvette. It irks us that we can't just go out and buy one for what we think it should be worth.

There isn't one person on this forum who wouldn't hold out for as much as they could get for their car, especially at a place like B-J. In one breath we lament escalating prices, an in the next breath we expect to get similar money for our own car when we sell it. Craig Jackson isn't in this to be nice, he's in it to make money and he doesn't hide that. Don't like it? Don't play.

[Jeff H]

I think they said there were around 900 cars willing to sell at no reserve and 400 cars people wanted to sell with a reserve. They(BJ) chose to only allow the 900 cars with no reserve in the auction. So that's where the greed part comes in. I wonder how many sellers had to buy back their own car and pay the 16% commission on top of it. But it sure seems like it's more bogus cars, clones and street rods vs real documented musclecars.