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-   -   67 Camaro Pro Touring at Mecum Indianapolis (https://www.lateral-g.net/forums/showthread.php?t=35797)

GregWeld 05-20-2012 08:20 AM
Quote:
Originally Posted by 4MuscleMachines (Post 415273)
I'm stumped as well, what do you mean by "real money" and "pretended they had bids"?


It's called PHANTOM BIDDING.....


The "house" just tosses in numbers like someone was/is bidding. Real bidders are called "real money"...

What you don't know - and it happens all the time - is that the "pros" have guys that will bid to "bump" a bid along, but they know what the reserve is. And sometimes a seller will buy their own car back in a no reserve auction rather than lose money.

Van B 05-20-2012 08:29 AM
Quote:
Originally Posted by Rick D (Post 415089)
That does seem like a nice number, what did you want for the car Jeff? I know you can't build it for that but it was not insulting.
I was looking to net $65-$70k.

Payton King 05-21-2012 10:02 AM
Van
 
Hate to hear that it did not work out for you. Try RK motors of Charlotte

MarkM66 05-21-2012 11:41 AM
Quote:
Originally Posted by Payton King (Post 415497)
Hate to hear that it did not work out for you. Try RK motors of Charlotte
Did they sell your car for you?

Payton King 05-21-2012 12:13 PM
They did
 
to a guy in AZ

Van B 05-21-2012 08:50 PM
Payton,

Got your PM. Thanks, I'll keep them in mind. I am working with a potential buyer in CA right now. We'll see what happens.

Payton King 05-22-2012 06:56 AM
Hope it works out for you
 
Good luck, great car.


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