Kevin Hand Collector Car Collection at Auction

[iluv69s]

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Charley Lillard</div><div class="ubbcode-body">The blue RS ZL1 was in a collection that was sold at reserve. </div></div>

Wow, I guess my memory is failing me. I remember everyone being very surprised by the low outcome of that auction..and also the low price of the yellow Zl-1...Thanks for clarifying that Charlie..I stand corrected...but do I not recall that there was some deal made for the auction company guaranteeing a minimum total for the collection?? Or am I thinking of the wrong thread?? At this point it does not really matter...

[Stefano]

I feel like I keep repeating myself. The auctions I have recently worked with as well as currently work with will not accept a No Reserve consignment, from a customer, with a buy back deal.

Even at the auctions with ALL no reserve cars, people will find ways to buy their owns cars back, however they are usually subject to, buyer and sellers commission, as well as potential state sales tax and the money has to be put out for the purchase before any funds are released back to the seller, which is usually 30 days.

[iluv69s]

Sorry for the (my)confusion Stefano..and thanks for clearing that up....

[Xplantdad]

Max...here's some reading:

http://www.mecum.com/auctions/lot_de...mp;entryRow=93

https://www.yenko.net/ubbthreads/ubbthrea...true#Post361670


https://www.yenko.net/ubbthreads/ubbt...075&amp;page=1

[rubbinisracing]

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Fast67VelleN2O</div><div class="ubbcode-body">What about the next time a &quot;Kevin Hand&quot; car goes through an auction at no reserve? It would be hard to bid on one once this has all come to light. Who is gonna bid when they know there will almost certainly be a shill bidder against them? </div></div>

The same people who bid on cars that haven't met reserve.

We are all big boys and girls. If you don't like the risk, don't take it. If the price is too high or you don't think things are above board, don't bid. This is not an auction problem, it's a consignor problem. You can't prevent people from shill bidding, cutting side deals, misrepresenting the condition or authenticity of a car. You either accept it or choose not to participate. Unfortunately some lessons are expensive, take from it what you can.

[Charley Lillard]

Just bid up to what you are willing to pay.

[kwhizz]

In the End.......I would hope that No Reserve actually means &quot;No Reserve&quot;..........Just the Facts Mam, Just the Facts..

[resto4u]

There were two mistakes made. Don't let another car dealer consign your car at an auction. There is no benefit, it will not sell for more. As a previous car dealer, he should have known better. Always sell as a reserve to protect, unless six figures is pocket change to you. You can always drop the reserve on the block if you want. Roger

[442w30]

Oy vey!

Remind me to never buy a car from you guys. [img]<<GRAEMLIN_URL>>/naughty.gif[/img]

[x Baldwin Motion]

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: budnate</div><div class="ubbcode-body">who is SB and CC ??? </div></div>


sorry, I had to lighten this up a little.