I agree with what Greg says, but sometimes it doesn't take TWO bidders, just one and a good auctioneer who has a feel for what the guy will pay. The one time I attended B-J it blew my mind how many times the auctioneer ran off the money so they had to back up and say it was a miscommunication or fish around until they hooked another bidder. Yes I have only been there once, but I have been to a "few" auctions. To someone who does this every week it was pretty obvious.
The only big difference is that in a regular wholesale auction if the auctioneer tries to run a bidder and gets caught, the bidder usually gets pretty miffed and the car will not sell. I wouldn't doubt B-J buys a couple each sale just to preserve the illusion of a 100% sale if they get caught without a bidder.
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Jeff
99 Miata LS6
67 Camaro Street Fighter 599 HP L92-SOLD
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