Wednesday, January 23, 2013

What you missed from Barrett-Jackson's biggest auction over the ...

JTS

I like watching to see the cars and learn about things I don\'t know about. Plus not much other car related things in January to watch, so it\'s a good filler. However what really chews my hide with Barrett-Jackson is how they practically BEG for higher bids. Drives me nuts that they claim to be \"no reserve\", but then stall the bidding and make the audience feel like cheapskates until they get the price they want. I don\'t know the mechanics behind the scenes (i.e. agreements with the sellers), but no reserve, should mean no reserve. Stop trying to control the market value on these cars, and instead let the market control the value.

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Source: http://www.autoblog.com/2013/01/22/what-you-missed-from-barrett-jacksons-biggest-auction-over-the/

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