Barrett Jackson.....

[Hylton]

That's the way I see it. If someone was willing to bid on the car past 300k then what were they doing when the auctioneer said "going once"....

[sYc]

Comes down to which side of the fence one is on. As I buyer I want all auctions, even Ebay, to be No Reserve, BUT, as a seller, I want a Reserve Auction.


Kind of ironic. Normally a No Reserve auction is good for the buyer, but in the past, B/J has actually been very rewarding to the sellers. This year, for whatever reason, and there are several, B/J this was pretty much a buyer's market.

[Charley Lillard]

Typically a no reserve auction will bring more money.

[quick-bowtie]

PaulD,

I know the Merc. you bought its from my area. it is a GREAT car and extremely nice when it is clean.. I know it got a little dirty out there but a good bath and you will just drool looking at it. Very Rare Car.

[427king]

A no reserve auction only benefits the buyer. I do notice that some cars with roughly the same value get a pretty nice starting price of say 200K, while others start at 50K, i wonder who makes up those decisions and what the criteria of getting the benefit of a higher starting auction are..

[Hylton]

[ QUOTE ]
Comes down to which side of the fence one is on. As I buyer I want all auctions, even Ebay, to be No Reserve, BUT, as a seller, I want a Reserve Auction.....

[/ QUOTE ]

I look at it this way - Want to take a chance? Go to B-J. Want less risk? Go to R&S. Never seen it written anywhere that a no reserve is a guaranteed money maker.

[Belair62]

I want to hear about the Merc. too !!!!!!!!!!

[Charley Lillard]

More people pay attention to no reserve auctions because they know they really have a shot at the item. Yes there can be a downside if bidding stops before where you think it should but for the most part it generates more bidders and higher prices.

[sYc]

[ QUOTE ]
More people pay attention to no reserve auctions because they know they really have a shot at the item. Yes there can be a downside if bidding stops before where you think it should but for the most part it generates more bidders and higher prices.

[/ QUOTE ]

I think a prime example of this is Ebay, where the majority of us do our best to avoid reserve auctions.

[musclecarjohn]

[ QUOTE ]
Typically a no reserve auction will bring more money...

[/ QUOTE ]

...to further line the pockets of Craig Jackson.