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Old 11-03-2018, 09:11 PM
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Steve Shauger Steve Shauger is offline
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Quote:
Originally Posted by Mr Yenko View Post
Oh yeah.. Just like one certain Gold Yenko that sold at auction for well below its value. I believe that person lost more then his shirt in that DEAL. Oh trust me there is so much interest for your car.. don't worry and BOOM where were all the bidders. You guys know as well as I that ALL the TOP SHELF cars do not sell at Auction. Again just my OPINION

Auctions are a gamble if it's no reserve period. No one is disputing cars sell privately, but certainly your assertion that auction cars are leftover is not accurate for many cars bought and sold at auctions. People bring them to auction because of the exposure they receive and the hope on capitalizing. If your car in a no reserve auction you roll the dice, and sometimes you win and sometimes you lose. A great deal depends on the venue and timing of the market. Owners should know going in what the risks are. Let's move on you made your point.
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