Re: auction 'buy backs'
 

If you simply want entertainment watch "the girls next door" on split screen while BJ is on https://www.yenko.net/ubbthreads/imag...mlins/grin.gif Then again there are 20 year old girls sitting on old guys laps on both shows https://www.yenko.net/ubbthreads/imag...mlins/grin.gif

Re: auction 'buy backs'
 

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If you simply want entertainment watch "the girls next door" on split screen while BJ is on https://www.yenko.net/ubbthreads/imag...mlins/grin.gif

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Wife will not let me. Actually I did the spilt screen yesterday, NFL&B/J. https://www.yenko.net/ubbthreads/imag...mlins/haha.gif

Re: auction 'buy backs'
 

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........ Then again there are 20 year old girls sitting on old guys laps on both shows https://www.yenko.net/ubbthreads/imag...mlins/grin.gif

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At least one. Was that the man's wife and kids, or daughter and grandkids or ?

Re: auction 'buy backs'
 

When you ask an old man who the 20 year is on his lap, they always say its a relative . It certain parts of the country, its actually true https://www.yenko.net/ubbthreads/imag...mlins/grin.gif

Re: auction 'buy backs'
 

I thought last year or the year before BJ offered the option to the owner to buy back their car(at the 8% seller and 8% buyer fees). That was when they first dropped the reserve cars from the main stage and it might have made some sellers feel better. I thought at the Rand/Workman auction the seller was allowed to have the auctioneer bid for him up to but not above the reserve. Either way, it's not a real auction scenario.

Re: auction 'buy backs'
 

Lot of mess up's but overall the cars brought the REAL money. What should have John O car have brought? What it brought was GOOD money for a 396 Nova. What a Owner thinks it should bring has NOTHING to do what a car is REALLY WORTH. I said all along that their was going to be Hero's & Zero's this year..There was some steals but overall things fell were they should be. Really take a look at the cars that fell(pedigree?)you will see why !!!
Sorry John im not picking you out !! You got a great buy on the Hemi Cuda if it was a good car.
My client bought the Z16! Pretty car...

Re: auction 'buy backs'
 

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I was told John Ohler did try to buy his car back and was told he could not. If you want to buy your car back you need to have someone you trust and someone that trusts you to bid on the car and buy it. Then he just sells it back to you. There is now way the auction house or anyone else can control that. That is where Barrett-Jackson is at now. All your nudge nudge wink wink comments are the BS.

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I'm still not quite understanding how this auction buy back works. If you are not allowed to bid on your car as owner, and must have someone else bid, then aren't you on the hook for paying the entire bid amount, not just the 18% seller/buyer portion, but also the bid amount as well? Because if someone else bids (and they must have a bidders number) isn't that considered a legitimate buy? I'm still fuzzy on how this all pans out. Thanks for any clarification to this.

Re: auction 'buy backs'
 

Yeah LS6, I have been wondering the same thing. Let's say you have $100 in your car and think it's worth $300 at auction, but the bidding stops at $200., so you buy it back. Now you have $300 (+ commissions) in your car. For what? So you can try to sell it somewhere else for the $300. you think it's worth??????? I must be missing something or just plain stupid. https://www.yenko.net/ubbthreads/imag...lins/frown.gif

Re: auction 'buy backs'
 

Sorry to disagree Rich, but John's Nova was a lot more than just another 396 Nova. IMO these Gibb Nova's are some of the most collectable & underated Musclecars that one can own.
Only 50 were built, specifically for drag race compitetion, for Fred Gibb under COPO # 9738-the 1st time Chevy allowed this to be done. The documentation that exhists thru Helen Gibb is the best there is. Some Gibb Nova's even have the original mechanics inspection form with the POP imprint.
John's car was special in that it is the only Matadore Red Nova that is restored & even though other red one's are rumored to exhist, none have surfaced. There are only about 16 COPO Nova's that have been accounted for, although there are probably more out there. Also, my records reflect that about 31 out of the 50 were sold out of Fred's dealership, the others went thru a network of Chevy dealers. And, if John's car was sold from LaHarpe it's all the more special.
Wayne Bushey of NNN did the 2nd restoration on this particular Nova & I'll bet it was expensive. From what I've seen He did a great job on this car.
Congatulations to the new owner. I hope he realizes what a very special car he has bought.
https://www.yenko.net/ubbthreads/imag...lins/beers.gif

Re: auction 'buy backs'
 

one problem with john bidding on his own car is that with a no reserve that would be considered bid shielding (artificially inflating the price)and that is illegal at most auctions the contract I signed said that I gave the auction company the right to bid up to my reserve amount but that I could not lower my reserve so what they do is pretend someone is bidding or have a few sharp looking bidders (well dresed with a wife or kid) and try to meet the reserve thats why you see the smart bidders want to get face to face with there competition, you may have also noticed quite a few back ups on quite a few bids they were what we call running the bidder you can bet that if I have a 200k car at no reserve im going to have my wife brother or friend there to make sure I dont loose 100k thats just smart at a no reserve auction the 10k in commisions is nothing compared to a 100k loss sometimes you win sometimes you loose just be prepared to play the game and thats exactly what it is!!