Russo and Steele auction

[Udon\'tgetit]

You know, this guy states that he never knew his contract has $100,000 as the reserve, but please notice, he signed this in November. How long does it take a person to realize a mistake?

[69LM1]

[ QUOTE ]
You know, this guy states that he never knew his contract has $100,000 as the reserve, but please notice, he signed this in November. How long does it take a person to realize a mistake?

[/ QUOTE ]

Two different cars. I think everyone reasonable can agree that if you sign a contract for 100k, you should live with that.

HOWEVER, from what I read here, this guy is the BOSS429 guy, who agreed to allow RS to lower his reserve, and the car sold. BUT,it turns out that RS did not communicate with their "shill" bidders that the reserve was lower. Thus, resulting in RS "winning" the BOSS429.

Seems to me like it's Mr. Drew whos the one "whining" now.....

IMO, RS should have "manned up" and made their mistake right.

Also seems like the practice of changing the contract arraingements on the block is one big mess.........

[ChevyThunder]

Can R & S really have it both ways? Do I understand this situation correctly ?
If you allow for a reserve to be lowered and you accept the lowered reserve yet fail to communicate to your employee ( the hardest working gang in the business)that the reserve is lowered and then your employee is bidding in the capacity to create action up to the reserve yet bids passed the reserve and becomes the high bidder , then you own the car! You can't split hairs here. Of course if it does say on the contract " If we accidently bid your car passed the reserve and become the final bid we reserve the right to tell you sorry we made a mistake" Well then I guess it is OK

[BUIZILLA]

help me out here, i'm not the sharpest stick in the pile...

if I travel across country, prove my credibility and value worthiness to be able to bid, and then unknowingly may be bidding against a $10 hour day laborer who can't buy a Geo Metro on credit, and this is acceptable behavior of certain auction houses??

please, tell me i'm wrong..

please..

[TDW]

[ QUOTE ]
help me out here, i'm not the sharpest stick in the pile...

if I travel across country, prove my credibility and value worthiness to be able to bid, and then unknowingly may be bidding against a $10 hour day laborer who can't buy a Geo Metro on credit, and this is acceptable behavior of certain auction houses??

please, tell me i'm wrong..

please..

[/ QUOTE ]

You aint wrong from what I have read here so far.

[69LM1]

Looks like user Udon'tgetit just registered today, and is trying to post under an alias:

[king_midas]

PWNED.

[Udon\'tgetit]

Would I have put my name on if I was posting under an alias. Get real. I am defending what happens at an auction. Obviously you could not read that. Learn to read moron.

[Chateau Slate 66]

[ QUOTE ]
Looks like user Udon'tgetit just registered today, and is trying to post under an alias:





[/ QUOTE ]

Same member number, new name and location.

Profile for Udon'tgetit

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Member # 7978
Name Sharon Stevens
Title newbie
Total Posts 5
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Registered on 02/20/08 08:44 AM