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Old Jan 12, 2014 | 04:09 PM
  #41  
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Originally Posted by slhanks4
Yes. It's called a "buyer's premium". It's how Barrett Jackson makes their money.
Stupid people buy at bj, plus they charge $20 just to view the cars if you don't register. So anyone you see at bj aren't too smart.
 
Old Jan 12, 2014 | 04:30 PM
  #42  
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We went to BJ at West Palm Beach last year. We might have been stupid enough to pay $20 to get in but it was a great day out. First time I've been to a car auction and I found it interesting, plus we viewed all the cars for a few hours first. They also had current cars to test drive (Corvettes and Mustangs) just for the hell of it, and freebie T shirts.
 
Old Jan 12, 2014 | 04:31 PM
  #43  
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Originally Posted by qtrracer
Stupid people buy at bj, plus they charge $20 just to view the cars if you don't register. So anyone you see at bj aren't too smart.
Yes complete idiots with tens of thousands to millions of dollars to blow on cars for their own amusement.
 
Old Jan 12, 2014 | 04:33 PM
  #44  
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Originally Posted by nightmistautomotive
Yes complete idiots with tens of thousands to millions of dollars to blow on cars for their own amusement.
More money than brains. I have bought and sold more items at auction than most, never never ever pay a buyer's premium, its for suckers, the sellers know they got your sorry *** when you agree to pay it.
 
Old Jan 12, 2014 | 04:35 PM
  #45  
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Originally Posted by qtrracer
More money than brains. I have bought and sold more items at auction than most, never never ever pay a buyer's premium, its for suckers.
Most top-end auction companies charge both a buyer and sellers premium. BJ has proven it simply draws more people and more cash than most other auctions and people will spend more to buy there. The buyers don't mind the premium because they feel they are getting a better car for the money. Good for both of them.
 
Old Jan 12, 2014 | 04:43 PM
  #46  
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You guys can justify paying a buyer's premium any way you want. It's double dipping any way you look at it. Ever been to the Keeneland September yearling horse sales? $280 million total in sales, best in the country, NO BUYERS PREMIUM. Best Thouroughbred horses in the world. Only the truly stupid pay buyers premiums. Yes its the same.
 
Old Jan 12, 2014 | 04:45 PM
  #47  
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"Brand new 2003 Deuce (still in the crate) sells for $18.700.00"


That's a great big HELL to the NO....
 
Old Jan 12, 2014 | 04:53 PM
  #48  
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Originally Posted by slhanks4
Fox Sports, Fox Sports 2 and Fox Business News are premium pay channels?

I live 35 miles away from Westworld (the auction site), but I have yet to go in person. I'll just watch on TV as always.
On our cable system, Fox 1 is on standard package and so is Nat Geo but, Fox 2 and Fox Business are an charge package.

I have never been to a BJ live but, I think it might be something to do once.

I do DVR it and it is way better when you can rip thru it!
 
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Old Jan 12, 2014 | 05:38 PM
  #49  
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BJ doesn't reflect the true marketplace. There's a lot of ego and grandstanding for the cameras involved.
 
Old Jan 12, 2014 | 05:48 PM
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Originally Posted by baka1969
BJ doesn't reflect the true marketplace. There's a lot of ego and grandstanding for the cameras involved.
And unless you are paying attention you don't know if those vehicles even sold for those prices, even if BJ reports them as sold.
 



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