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Old 01-21-2008, 11:34 AM
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Ok Doug, I stand corrected. I thought that I heard them say the seller paid 8% and the buyer 10%. I figured that was because the seller has to pay a fee just to have them auction the car, but the buyer also pays a fee for a bidding pass so it would make sense to have them pay the same percentage. Either way, I don't think the buyer should have to pay 10% on top of what they bid as they also have all the registration, taxes, and other fees to pay plus arranging to have the car hauled home. We used to have a man that had his office about a mile from my house that hauled cars and he was at that auction every year. When he had anything that was going through here he would call me to come over and see them. That was the only way I could ever afford to look at the high end cars they sold there.

Ron
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