Re: auction 'buy backs'
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.... 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...
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Isn't this sort of 'shill-bidding with a reserve'?  I guess it could also be called an 'auction hedge'?
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Marlin
70 Yenko Nova-350/360, 4speed M21, 4.10 Posi (Daddy's Ride)
69 SS Nova-396/375hp, 4speed M20, 3.55 Posi (Benjamin's Ride)
67 RS Camaro-327/250hp, 2speed Glide, & 3.08 Open (Danny's Ride)
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