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Barrett-Jackson

plongson on Tue June 24, 2008 4:57 PM User is offlineView users profile

I own a beautifully restored 1956 Ford Fairlane Club Sedan that is absolutely correct in every detail, but my interest has run it course and I’m ready to sell. I contacted Barrett-Jackson and they have accepted it into their October auction in Las Vegas.

Now comes the scary part…no starting bid and no reserve…It should bring $20k to $25k but it could theoretically go for ZIP*#.

No binding contract has yet been signed but I’m rather uneasy about the whole thing. Has anyone had any experience auctioning at these high end auction houses??

Any input is appreciated…

Paul


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Vibration Analyst in Power Generation

NickD on Tue June 24, 2008 7:22 PM User is offline

I know they have reserve auctions, but always thought that was stupid, if a guy wants an X amount for his vehicle, set the starting bid at that and quit playing dumb games.

Should contact them for what you want, if they won't do it, go someplace else.


Edited: Tue June 24, 2008 at 7:24 PM by NickD

powerflite on Tue July 01, 2008 1:42 PM User is offline

To buy something at auction means you paid more for it than anyone else in the room thought it was worth!

MrBillPro on Tue July 01, 2008 6:54 PM User is offlineView users profile

Post us a picture of it, I would have ran it on ebay with a reserve just to get a feel of what it might bring.

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Don't take life seriously... Its not permanent.

NickD on Wed July 02, 2008 6:22 AM User is offline

Just reading the conditions in the Barrett-Jackson site is enough to turn me off, sounds like an expensive proposition just to attempt to sell your car, can pass those savings along to a prospective buyer. I never liked reserve auctions, if a guy wants that much for his thing, can start the bid at that price, but didn't read anything at Barrett-Jackson that let's you do that. I quit going to auctions a long long time ago.

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