Quote:
Originally Posted by tortoise
I'd like to know why anyone in his right mind would buy a car at auction in the first place.
You've got maximum competition amongst other potential buyers, the agent is working for the seller, despite that fact the buyer has to pay the agent a commission on top of the hammer price, and it's difficult if not impossible to give the car complete scrutiny and test-drive or be driven in it before committing to buy it.
Crazy.
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I was explained once by a friend who's also a high end car dealer that the open bar and tv cameras help
