<html><head><meta http-equiv="Content-Type" content="text/html; charset=utf-8"></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;" class="">Dave,<div class=""><br class=""></div><div class="">I’m hoping some of that craziness rubs off on the no-reserve auction of my supercharged 1970 Mini Countryman woody wagon, which started today. (Shameless plug here: <a href="https://bringatrailer.com/listing/1971-mini-countryman-estate-woody/#comment-2072972" class="">https://bringatrailer.com/listing/1971-mini-countryman-estate-woody/#comment-2072972</a>)</div><div class=""><br class=""></div><div class="">Weird stuff happens. I sold a 1957 4-seater Morgan Plus 4 there for a good price two years ago (and didn’t meet the very low reserve until 30 minutes before it was scheduled to end, but then the bidding really took off and I got far more than I expected), and two weeks later another 1957 4-seater sold for less than half what mine went for. The seller of the other Morgan wasn’t very involved and the car didn’t “sparkle,” and maybe that was enough to make the difference.</div><div class=""><br class=""></div><div class="">I’ve seen a few great deals there, particularly for vintage race cars.</div><div class=""><br class=""></div><div class="">Some of the very serious bidders on more expensive cars make their appearance in the last few minutes. Buyers like the fact that the maximum buyer’s premium on BaT is $5000 (5% up to $100,000 sale price). Sellers like the fact that the auction doesn’t close until 2 minutes after the last bid.</div><div class=""><br class=""></div><div class="">Duncan</div><div class="">(Texas)<br class=""><div><br class=""><blockquote type="cite" class=""><div class="">On Mar 9, 2018, at 1:07 PM, DAVE HOGYE via Fot <<a href="mailto:fot@autox.team.net" class="">fot@autox.team.net</a>> wrote:</div><br class="Apple-interchange-newline"><div class="">
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<div class=""><p style="font-size: 12pt; font-family: helvetica, arial, sans-serif; color: rgb(51, 51, 51);" class="">Not to change the subject or anything, but man, have any of you checked out BaT recently. </p><p style="font-size: 12pt; font-family: helvetica, arial, sans-serif; color: rgb(51, 51, 51);" class="">There is a Ferrari Daytona at that's at $485K. That bid is about 1/4 it's value. The auction ends in 5 days. It will probably be a no sale.</p><p style="font-size: 12pt; font-family: helvetica, arial, sans-serif; color: rgb(51, 51, 51);" class="">There has been some crazy action on there recently and it's getting crazier by the day.</p><p style="font-size: 12pt; font-family: helvetica, arial, sans-serif; color: rgb(51, 51, 51);" class="">A couple really crappy TR3As sold for more than $26 and $29K recently. Really crappy cars with really crappy paint, parts missing, very poor repairs and lots of Bondo.</p><p style="font-size: 12pt; font-family: helvetica, arial, sans-serif; color: rgb(51, 51, 51);" class="">A basket case TR2 sold for $5,500 a couple weeks ago. It was matching numbers, but badly bent front and back and rusty.</p><p style="font-size: 12pt; font-family: helvetica, arial, sans-serif; color: rgb(51, 51, 51);" class="">I guess $30K is now entry level in the collector car world. </p><p style="font-size: 12pt; font-family: helvetica, arial, sans-serif; color: rgb(51, 51, 51);" class="">Oh, and my Toyota Tacoma 4X4 is gaining in value too. A 2001 just sold for over $20K. Mine was $27K new in '02.</p><p style="font-size: 12pt; font-family: helvetica, arial, sans-serif; color: rgb(51, 51, 51);" class=""><br class=""></p><p style="font-size: 12pt; font-family: helvetica, arial, sans-serif; color: rgb(51, 51, 51);" class="">DH</p><p style="font-size: 12pt; font-family: helvetica, arial, sans-serif; color: rgb(51, 51, 51);" class=""><br class=""></p><p style="font-size: 12pt; font-family: helvetica, arial, sans-serif; color: rgb(51, 51, 51);" class=""><br class=""></p><div style="font-size: 12pt; font-family: helvetica, arial, sans-serif; color: rgb(51, 51, 51);" class=""> <br class="webkit-block-placeholder"></div></div>
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