Cobras sell at Barrett Jackson

[twobjshelbys]

Originally Posted by 1985 CCX

It's interesting as the cars are all over the place on sale $
Remember auctions can be deceptive as cars that appear sold may not be etc.
When 3021 sold it sold to a fake bidder then next highest won two days later.
Know this as I know the story from #2 bidder
Not smearing BJA just saying these auctions are not clean.

Everyone has stories about how the auctions are rigged by the auction house. Noone has ever came forward with proof. If thre were I'm sure we'd see it in court and in the real press not just "I heard from someone that heard".

Neither does it prevent a seller from placing a shill buyer. It's pretty hard for the auction house to control that.

However, I know of multiple instances where the PARTICIPANTS are not entirely honest. The best example was the Bugatti Veyron at BJ a few years ago where an overexhuberant bidder figured he'd be outbid at 650K but wasn't. He admitted he couldn't afford it and was ejected from the site and banned for life. Craig Jackson broke in after the subsequent car was finished and offered the car to the previous bidder who rejected the offer so Craig bought the car himself, and you still see the car at the auctions with a BJ sticker on it (nice company car )

The all over the price was also evident in many other places.

The single thing worth noting over the last few years is that if you want to buy a recent vintage Bentley or Rolls do it at an auction. Two or three year old cars that originally sold for 400K+ are going for pennies on the dollar.