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[Fot] Bring a Trailer isn't what it used to be

Subject: [Fot] Bring a Trailer isn't what it used to be
From: duncan.charlton54 at gmail.com (Duncan Charlton)
Date: Fri, 9 Mar 2018 21:04:08 -0600
References: <1655528474.459043.1520622437831@connect.xfinity.com>
Dave,

I?m hoping some of that craziness rubs off on the no-reserve auction of my 
supercharged 1970 Mini Countryman woody wagon, which started today.  (Shameless 
plug here: 
https://bringatrailer.com/listing/1971-mini-countryman-estate-woody/#comment-2072972
 
<https://bringatrailer.com/listing/1971-mini-countryman-estate-woody/#comment-2072972>)

Weird stuff happens.  I sold a 1957 4-seater Morgan Plus 4 there for a good 
price two years ago (and didn?t meet the very low reserve until 30 minutes 
before it was scheduled to end, but then the bidding really took off and I got 
far more than I expected), and two weeks later another 1957 4-seater sold for 
less than half what mine went for.  The seller of the other Morgan wasn?t very 
involved and the car didn?t ?sparkle,? and maybe that was enough to make the 
difference.

I?ve seen a few great deals there, particularly for vintage race cars.

Some of the very serious bidders on more expensive cars make their appearance 
in the last few minutes.  Buyers like the fact that the maximum buyer?s premium 
on BaT is $5000 (5% up to $100,000 sale price).  Sellers like the fact that the 
auction doesn?t close until 2 minutes after the last bid.

Duncan
(Texas)

> On Mar 9, 2018, at 1:07 PM, DAVE HOGYE via Fot <fot at autox.team.net> wrote:
> 
> Not to change the subject or anything, but man, have any of you checked out 
> BaT recently.  
> 
> There is a Ferrari Daytona at that's at $485K.  That bid is about 1/4 it's 
> value.  The auction ends in 5 days.  It will probably be a no sale.
> 
> There has been some crazy action on there recently and it's getting crazier 
> by the day.
> 
> A couple really crappy TR3As sold for more than $26 and $29K recently.  
> Really crappy cars with really crappy paint, parts missing, very poor repairs 
> and lots of Bondo.
> 
> A basket case TR2 sold for $5,500 a couple weeks ago.  It was matching 
> numbers, but badly bent front and back and rusty.
> 
> I guess $30K is now entry level in the collector car world.  
> 
> Oh, and my Toyota Tacoma 4X4 is gaining in value too.  A 2001 just sold for 
> over $20K.  Mine was $27K new in '02.
> 
> 
> 
> DH
> 
> 
> 
> 
> 
>   
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