Russo & Steele 2011 e-Catalog

[1969z280]

Mark: Mecum is by far the cheapest auction house for buyer and seller fees. I thought that it was 8% Reserve and 6% No Reserve. BJ is only No Reserve which allows them to basically double their sales by having 100% Sell-through. I thought that RS would have a different rate for No Reserve Sales. I've bought and sold many cars at Mecum and don't remember the rates. Its tough getting old.

I still think that its necessary to have a reserve if you're selling a car. I have never sold anything at no resrve. Yikes!