Reply to "Pantera #4592 - What is wrong with this car ?"

joules"Racing is Life, anything before or after is just waiting" - Steve McQueen

quote:
Yep thats how it works untill the owner and his friends bid it up to $100 less than the reserve. Then the next bid gets it!

Yep, but not necessarily always owner and friends, believe it or not there are Ebay 'dreamers' or more correctly 'serial bidders' that do nothing but bid up to just under reserve with no intention to buy.

I traced back a couple bidders on a car I recently bid on and one guy had bid on all sorts of otehr exotics, never exceeding the reserve on any. He was high bidder and the seller dropped the reserve with a few hours to go and his bid automatically drops to $100 below the reserve, he never reenters the bidding.

1/15/089:42 PM

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