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Old 01-21-2009, 02:30 AM
Hylton Hylton is offline
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Default Re: Barrett Jackson COPO Camaro

[ QUOTE ]
I don't see the harm in this, it's not going to sell if it fails to meet reserve, and it takes a real buyer (willing to pay what he bids) to get it past reserve. You might have a willing buyer sitting at $25,000 below reserve, nobody to bid against him, who is also willing to pay the reserve price? You wouldn't have a sale if they didn't push the bid to the reserve. If the guy at $25K below is not willing to pay the reserve price then it doesn't sell. Tell me who gets hurt?

[/ QUOTE ]

I agree. It's not like the interested party can possibly pick up the car for less at the auction.
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