BJ has started

[Doug I]

This year BJ got 10% from both sides of the fence.

[Ron61]

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

[jwd]

Originally Posted by Doug I

This year BJ got 10% from both sides of the fence.

Seller - 8%, Buyer 10%. Seller also pays a fee based on the day and time of day that the car goes through the auction.

Sales were down 20% over last year.

[Ron61]

I thought that the sales were down quite a bit from last year as they had more than one car last year that went for over $1 million. I only saw one this year top that mark, but may have missed some.

Ron