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Old 01-24-2011, 09:26 PM
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Got the Bug Got the Bug is offline
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Join Date: Oct 2006
Location: Santa Cruz, CA
Cobra Make, Engine: SPF 2613 Titanium w/Black, Roush 402SR
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Quote:
Originally Posted by mcorrallo View Post
I was the consignor of the yellow SPF that sold for a paltry $33K on Thursday night. I was the victim of a serious bait and switch and I'm not going to go away quietly. I was given lot number 751 and told that the Thursday cars started at 10:00am with lot number 600. Assuming approximately 20 cars/hour and figuring a two hour miscellaneous delay, I figured my car would cross the block at about 7:30pm on Thursday. IT WAS ON THIS BASIS THAT I TOOK THE RISK OF EXPOSING THE CAR TO A NO RESERVE AUCTION! Little did I know that in the days and weeks leading up to the auction, B-J was adding cars to the run list and assigning them lot numbers such as 613.1, 613.2, 703.1, etc. By the time the auction started Thursday, my Cobra was NOT the 151st car that was going to cross the block that day. It was the 249th! Instead of a 7:30pm time slot, my car crossed the block at 11:15pm. The place was absolutely dead. I would have NEVER consigned this car with that time slot. No matter how nice the Cobra, it has a limited audience. You need as full house to get a fair price. Based on what Cobras sold for on Tuesday and Wednesday in the mid-40's, my car was easily a $50-60K car had it run when expected. But as the night wore on, a feeling of dread swept over me. I was helpless to do anything about it. They had my title and the car was in the "funnel". I was like a lamb being led to the slaughter. This has left a wound that is going to take a long time to heal.
You should have listed the car on Cobra Country. I know the car personally. Very nice, new paint, and the previos owner went through it front to back. That being said, it was a very early chassis. My guess is that it was a $40k to $45k car based on the current market.
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Last edited by Got the Bug; 01-24-2011 at 09:29 PM..
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