Posted by Goose on December 25, 2009 at 17:23:46 from (67.63.68.13):
In Reply to: Re: OT-Auction Ethics posted by dboll on December 25, 2009 at 16:43:44:
Once, back when I had a used car dealer's license, I took an Olds Cutlass to a dealer's auction and put a $3400 protection price on it.
When it went through the ring, the bidding stalled out at $3250. The ringman came over and asked me if I'd let it go for that. I said, "Naw, I need $3400 for it".
The ringman said, "We only have one guy bidding. We'll work on him some more".
They started the bidding again, pretty soon had it to $3400, and sold the car. I have no idea where they got their other bids. Probably out of the rafters.
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