[DeTomaso] Barrett Jackson results

scott black timepiecepr2 at yahoo.com
Mon Jun 28 13:17:43 EDT 2010


BJ does not allow people to buy back their cars.  This stipulation is part of the consignment contract and they have cameras all over the auction to watch the bidders.  

Scott Black 

TimePiece Public Relations & Marketing
Marketing Acceleration
www.tprm-usa.com


--- On Sun, 6/27/10, Julian Kift <julian_kift at hotmail.com> wrote:

> From: Julian Kift <julian_kift at hotmail.com>
> Subject: Re: [DeTomaso] Barrett Jackson results
> To: pantdino at aol.com, "De Tomaso List" <detomaso at realbig.com>
> Date: Sunday, June 27, 2010, 11:07 AM
> 
> BJ operates on "all no reserve" all of the time. 
> 
>  
> 
> I understood that a seller could buy his/her car back, but
> ultimately like any bidder it's going to cost you the 10%
> buyers premium. Now there may be instances where a seller
> sees that as an option against a ridiculously low sale
> price, but are you saying there is a more preferential deal
> than that for sellers? I cannot see how that would be
> sustainable or legal, as an owner would have undue incentive
> to bid his car up in which case it might as well be a
> reserve auction. 
> 
>  
> 
> I heard the white GP4 had bid up to $59K in Palm Springs
> with a no sale, IMO someone was being way too greedy at that
> point and likely got burned at $27K (less sellers fees).
> 
>  
> 
> Julian
>  
> > To: detomaso at realbig.com
> > Date: Sun, 27 Jun 2010 01:07:55 -0400
> > From: pantdino at aol.com
> > Subject: Re: [DeTomaso] Barrett Jackson results
> > 
> > 
> > I gather the BJ auction was an "all no reserve" one
> because there don't seem to have been any "no sales."
> > But remember that those cars did not necessarily
> actually sell-- most auction houses have a deal where the
> seller can "buy" his car to prevent it getting sold for a
> ridiculously low price.
> > 
> > Jim
> > 
> > 
> > 
> > 
> > 
> > 
> > -----Original Message-----
> > From: MikeLDrew at aol.com
> > To: P6746 at aol.com; detomaso at realbig.com
> > Cc: POCA1 at aol.com
> > Sent: Sat, Jun 26, 2010 5:43 pm
> > Subject: Re: [DeTomaso] Barrett Jackson results
> > 
> > 
> > 
> > n a message dated 6/26/10 17 40 17, P6746 at aol.com
> writes:
> > 
> > Lot 342: '72 Group IV clone Bid $27,000 Total cost
> $29,700
> > 
> > Lot 360.1 '73 "Pure Gold" Bid $30,000 Total cost
> $33,000
> > 
> > Definitely not a place to move a Pantera.
> > 
> > I don't understand why people continue to entrust
> Panteras to B-J. 
> > othing against the B-J people, but the B-J audience
> simply isn't interested in 
> > hem, and the bidding reflects that. Russo and Steele
> is probably a more 
> > ppropriate venue for a Pantera.
> > Of course, Pur Gold would be a tough sell in any
> market. Heck, the gold 
> > lating alone is probably worth today's purchase price!
> I shudder to think 
> > hat George sunk into that car, between the restoration
> of the body, the 
> > eather interior, the gold plating, the fuel-injected
> 4.6 engine, etc. etc. but 
> > wouldn't be surprised if it was on the far side of
> $150K. :<(
> > Mike
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