289 FIA's for sale

[Cashburn]

Originally Posted by mrmustang

I've seen the car, met Mark (really nice guy), lusted after it for years(he started at 100K+ several years ago), but he is still playing off the "Reggie Jackson" sales pitch to add value to the car, when in fact RJ has(had) nothing to do with the car at all. It's just his nephew who is selling it, to me all I can say is "big deal". Of course they do not mention the 11:1 compression motor requires more than pump gas

Now, if they were down in the mid 40's, they would have me as a buyer banging on their door today.


Bill S.

This car hammered at $45k today in Atlantic City... SOLD!!!

[mrmustang]

Originally Posted by Cashburn

This car hammered at $45k today in Atlantic City... SOLD!!!

That is what I heard, however, I also heard the buyer is "suspect" and potentially expect the car to show up back on the same "dealer circuit" in the near future.


Bill S.

[Cashburn]

Originally Posted by mrmustang

That is what I heard, however, I also heard the buyer is "suspect" and potentially expect the car to show up back on the same "dealer circuit" in the near future.


Bill S.

Easy to follow if so. However the car had a reserve and it was pulled. No reason to pull your reserve to buy your own car back.

[mrmustang]

Originally Posted by Cashburn

Easy to follow if so. However the car had a reserve and it was pulled. No reason to pull your reserve to buy your own car back.

Only to "make a sale" and "set a benchmark". I cannot tell you how many times this happens with no logical reason as to why. In the last 19 years of my time at these types of auctions, I can document a large percentage of "specialty cars" which have ended up back with their original owner/sellers even after dropping the reserve (IE: their man was the top bidder, they dropped the reserve in hopes of him(her) getting out bid and moving the car to a higher price point).......If memory serves me correctly, I do believe this will not be the first time this has appeared to happen with this particular car. Again why is anyones guess as there is no real logic behind throwing away money................


Bill S.