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Old 12-01-2005, 07:03 AM
Glenn J Coleman Glenn J Coleman is offline
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Default Re: Is your "word" something to trust?

I am thankful for all the input and advice posted. I am the guy who was "shafted".

For those curious, The seller agreed repeatedly to the selling price of $28,900. He supplied bank information and was wired a $5000 deposit, which he confirmed had arrived. The bid retraction that was noticed earlier was due to a woman who meant to bid $29000, mistakenly she entered $2,900,000 !! The seller (Kirk Trascher from Houston) told me that he did not know how to end the auction. I told him that I would raise the proxy amount to eliminate any other claims to the car due to EBay.

I confirmed the sale particulars with Kirk one last time before I left to visit my elderly folks in St Louis, where I was without computer access.

Someone (with past Ebay purchases of Yenko material)attempted to outbid my proxy during the closing of the Ebay auction. The closing price ended at $36K. This is when, in my opinion, Kirk lost his sense of what is right and wrong. The "other" bidder was contacted or made contact with Kirk and they struck a new deal. Kirk was so kind as to offer me first right of refusal on the new sale amount!!

I was polite at first. I reminded him of our previous agreement outside the Ebay auction and to ask for a dollar more was unethical. My comments fell on deaf ears.

I did contact an attorney. There is legal grounds to impose a sale restraining order. But, as others here have mentioned, the cost and the aggrevation outweigh the potential gains.

Anyway, Thanks for listening and for those that took the time to comment. I'll see some of you next summer at Carlisle.

Regards,
Glenn J Coleman
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