I have worked with Wayne Carini who does a lot of selling at various car auctions. He's tried to the lower the reserve on several cars during the auction and the auctioneer will wave him off, which means the bid has stalled on a fake bidder, and leave it go a bit longer to get a new real bid. Also, Mecum has been caught with a shill bidder mistakenly 'winning' a bid, auctioneer mistakenly banged the gavel and said "sold", but the car never changed hands, and the seller sued them, because the 'buyer' backed out. Turns out he was employed by Mecum.
As for the time on the block, I don't care if they have 8000 cars. If I'm a seller, and I want to have my car on the auction, it has to stay up long enough to get some movement in the crowd. I've been to many auctions and the inertia of bidding can be brisk, or it can be slow. If it's slow - then there needs to be more time built in. At these big name auction places, if the bidding doesn't take off right away, they'll just dump the car and go on to the next. If it was my pride and joy up there, and got tossed off after 20 seconds, I would be hot. They are getting PAID by the sellers, and the buyers, and the network which promotes the show. Lot of overhead money, and short shrift on the block is no excuse. Seller still has to pay his fee.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
... [Read Article]
Latest Ad:
2022 John Deere 5045E, 4wd, front end loader and 3rd function with grapple. 120 hrs, 55k new, must sell
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.