Cobra's and Barrett Jackson

[Mulv]

Originally Posted by cobrarob

Sounds like BJ needs to do one or more of the things noted below to make things more fair

1) shorter auction days to ensure that the bidders are present

2) amortize the auction over more days depending on the volume of cars

3) Have auctions more frequently and stay with a cap on the amount of cars at each auction so everyone gets a fair price or at least a fair opporutunity to get a fair price

Greed supersedes all of the above

Did you somehow get the idea that this is a charity event for the car hobby and not a commercial enterprise? Have you not looked at the guys on the podium to see what sort of people they are? More fair?

I have been to that auction a number of times and I must say that it is the lowest class , most crass event I have ever been to. You have a pile of blue collar heroes who have money but not sophistication being suckered by a bunch of carnies with all the niceties of a loan shark transaction. It is funny if nothing else and somewhat boring overall to watch but the tempo is pretty cool. I would not go to a dealer to buy a car with my sister because I find it tedious, to watch an infomercial on TV for 4 days or worse - to be there as a non bidder - has all of the excitement of watching someone else play a video game.

I will give them their due. B-J are the best I have ever seen at parting the rubes from their money for sure and they are the undisputed champs at turning what should be a business transaction into an emotional impulse buy for huge money. I myself wish I was so good at selling high ticket items in the IT world. They do in seconds what takes me months. They are the masters of timing and process flow and I take my hat off to them.

Fair? That was a good one

[Skully]

The best thing about B-J is seeing cars that you would never see. The show is capitalism at it's best. I talked to several bidders and they all said the same thing, you wont make any money on your car, you will lose. Is there a perfect way , they should have said that they had squeezed more cars in front of you and made you feel a little better by dropping the % to an agreed amount between you and B-J , whats wrong with good business, make both happy. This is my take, it was fun just being there.

[Cashburn]

Originally Posted by Mulv

Did you somehow get the idea that this is a charity event for the car hobby and not a commercial enterprise? Have you not looked at the guys on the podium to see what sort of people they are? More fair?

I have been to that auction a number of times and I must say that it is the lowest class , most crass event I have ever been to. You have a pile of blue collar heroes who have money but not sophistication being suckered by a bunch of carnies with all the niceties of a loan shark transaction. It is funny if nothing else and somewhat boring overall to watch but the tempo is pretty cool. I would not go to a dealer to buy a car with my sister because I find it tedious, to watch an infomercial on TV for 4 days or worse - to be there as a non bidder - has all of the excitement of watching someone else play a video game.

I will give them their due. B-J are the best I have ever seen at parting the rubes from their money for sure and they are the undisputed champs at turning what should be a business transaction into an emotional impulse buy for huge money. I myself wish I was so good at selling high ticket items in the IT world. They do in seconds what takes me months. They are the masters of timing and process flow and I take my hat off to them.

Fair? That was a good one

Not much of a stock market guy either I suppose?

[Fitz]

It is too dam bad. I wish I could get rid of my toy. Sometimes you are too close to the situation. These cars are passive extra toys that bring big smiles to everyone that drives them.
Problem is they get older, you don't drive them near as much as you use to. Now you think you could have put that cash into another toy, like a boat!!!
I wish some nice person would offer me something reasonable but in todays market that is not going to happen. You look at many really nice cars with engines that say Roush on them and think they are really big bucks.

Problem is your car is just as nice; drives better, has more things under the hood/body but unless someone wants your car.....it is just another play toy.

MIne is always for sale. Somebody offers $65,000 and it is gone and I would take a serious lost. But in todays market I am dreaming. That is only 10 grand more then my first car that was way less a car. So enjoy your toy, think like a kid and remember you always wanted one of these cars when you were a kid.

Now you are driving one; may not be a ""real one"" but trust me an old real orginal one would not go around corners like our cars do.

Real sorry about getting screwed at BJ. I would be sick too.