Any opinions about the Mecum Houston GTs (3 of them)
- Thread starter Tomcat
- Start date
Sinovac
GT Owner
Max Girardo is a pro. Note how he actually identifies the bidders.
https://m.youtube.com/watch?v=VWC9HpMKU9U
GTdrummer
GT Owner
GTdrummer
GT Owner
If the guys running these things are shill bidding someone with a bull horn and a badge should shut them down.
"Advance the bidding"
"Protect the reserve"
The states in which it's legal have bullshit terms for it. It's shill bidding.
NorthwoodGT
GT Owner
what was the name of the big outfit who ran the Auburn, IN auction Labor Day? I think they are long gone due to their inappropriate behavior and letting people pay cash under the table at their auctions to avoid taxes. it was totally ridiculous but like I said, the back of the entry form (in small print) said they were allowed to bid the cars up which a lot of them still do today. I will give Sothebey's and RM some respect for not pulling that crap from what I have seen.
Thanks. I was not able to attend or have anyone I know look at it. I did contact Mecum, and they (as of a few days ago) were willing to entertain offers. I think thats standard practice as long as the seller agrees from what I can tell. May be gone by now though. Based on pictures (sure not like looking at something with your own eyes of course) the car looked nice. The Heritage just looked and appeared to me after the results were published as just too spooky to follow up on. Thanks again!
NorthwoodGT
GT Owner
good move on the Heritage. far too many stories on that one. maybe Shelby can educate us more on that one.
Xcentric
GT Owner
Waiting for Darth Vader to jump in with the story. His internet access has been restored.
2112
Blue/white 06'
nautoncall
GT Owner
- Apr 6, 2014
- 1,093
Well, I posted about a potential auction sale. I guess i should stray away from it based on this thread.
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PeteK
GT Owner
I've never bought a car at auction, although I've been to a few. It seems to me that auctions typically go one of two ways: (1) the car is bid up quickly and sells higher than the seller expected, he's happy, and the auction house looks good. (2) the car does not get to its reserve, the auction house sometimes tries to shill bid, the seller goes away unhappy and the auction house looks bad. Rarely, something in between happens.
After watching a few, it also seems that the high-price auctions are fueled by too much alcohol and excitement (as others have observed). I was casually watching a BJ auction on TV this morning, and a 1961 VW microbus sold for over $200K! That's nuts. A VW?? Yeah I know they are rare 'cause most of them rusted way a long time ago, but still...
After all that, and what's been written here, I can't see why anyone would buy a car at auction. Always buy from a private owner, or a specialized dealer that provides full records.
After watching a few, it also seems that the high-price auctions are fueled by too much alcohol and excitement (as others have observed). I was casually watching a BJ auction on TV this morning, and a 1961 VW microbus sold for over $200K! That's nuts. A VW?? Yeah I know they are rare 'cause most of them rusted way a long time ago, but still...
After all that, and what's been written here, I can't see why anyone would buy a car at auction. Always buy from a private owner, or a specialized dealer that provides full records.
twobjshelbys
GT Owner
Prices on those have been in that price range and going up for the past two or three years, so that's a real market. The real question is why. I suspect it will collapse like the Dodges did in Mopar Mania 8 or 9 years ago.
PeteK
GT Owner
Special K
GT Owner
I second that opinion. I have always thought the fast pace jibber jabber too much for my brain to process. RM is probably my favorite... It is also reassuring to hear an auctioneer speaking with a proper English accent.
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GKW05GT
GT Owner
2112
Blue/white 06'
The Emperor has no clothes?
But when you are confused as to whether you are chiding a batter to swing and miss or are buying cattle for your ranch, you may pay more for the car rolling across the block.