Any thoughts on the B-J auction...?

[JoeG]

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Yup both the BM camaro and the six shooter are built by Time machines right in my home town.I seen both very personally.IMHO neither car is worth over 100K.I think there was some hanky panky going on with both bids.I agree with all its not fair how much time they spent on the BM car but others not.Very shady!

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Again...does ANYONE know why the 6-shooter was sold TWICE???

I mentioned to a friend I thought B-J might have to consider getting away from "no reserve" and his answer was "how can they go backwards".

Good answer...what does everyone else think?

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There was talk among the commentators , that the list of no reserve cars was so long that even if you were selling a car with a reserve,the no reserves were given preference and they filled the list of cars to be shown.---It was a bottom line thing---But if you have people who are willing to go for it , it's money in the bank for BJ-----I think the six shooter went for a little less money the second time around.....

[Grusum]

It's my understanding that you can't even get a bidders pass unless you have either the money or financing up front. So the deal didn't fizzle because of a 'no-money' issue.

[Jeff H]

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It's my understanding that you can't even get a bidders pass unless you have either the money or financing up front. So the deal didn't fizzle because of a 'no-money' issue.

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Unless the bidder had already bought a car and didn't have any money left! I don't know the details, but they said there was a problem with the original auction and the deal couldn't be closed so they ran it through again. It bid over $170K the first time and I think $132K the second time.

[musclecarjohn]

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It's my understanding that you can't even get a bidders pass unless you have either the money or financing up front. So the deal didn't fizzle because of a 'no-money' issue.

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True...but everyone has a credit limit,well maybe not everyone

MBNA is the only card B-J accepts and their minimum credit line is $30K.

Possibly the 1st buyer of the 6-shooter went over his limit.
Still,the seller probably wasn't too happy about going off @ 3:30 on Sunday...and for $40K less.

[mockingbird812]

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It's my understanding that you can't even get a bidders pass unless you have either the money or financing up front. So the deal didn't fizzle because of a 'no-money' issue.

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At R&S auction you automatically get a bidders pass if you consign a car with them. They do not ask for any credit info. Not sure how it works with consigners at Barret.

[Canucklehead]

Nov 15/05, Wallstreet 3:30pm:
"hey Charles, im sure getting tired of these pork belly futures and citrus prices. There has got to be a better way". "Well Josh i heard that these things called muscle cars are the things to buy, and there is some place called Barrett Jackson where you go to buy them". "That sounds like a sporting idea Dave lets go to this Barrett Jackson place to buy us some of these muscle car things, pip pip".

Barrett Jackson Jan 21/05;
"Wow these cars are sure shinny Josh", "And that thingy under the hood is too and oooo look how big it is, let's buy some of these and show are friends back home". "Hey Dave that pretty blue one seems to be garnering alot of attention lets buy that one it must be good", we're going to make alot of money on these things Tee Hee, everybody will be so jealous".

So how many times do you think this scenerio went down this weekend?