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Forum: 70-72 GTO Tempest & LeMans TECH 08-20-2012, 08:23 PM
Replies: 22
Views: 540
Posted By 70ra455
TigerGTO ... I agree ... it's not a gamble I...

TigerGTO ... I agree ... it's not a gamble I would take. But for each his own.

I would love to know whether he is 1) allowed to bid 2) has to pay either / both the buyer's and seller's premiums...
Forum: 70-72 GTO Tempest & LeMans TECH 08-20-2012, 01:39 PM
Replies: 22
Views: 540
Posted By 70ra455
Judge you know the "house" is supposed to win no...

Judge you know the "house" is supposed to win no matter what happens to the buyers/sellers. It's their "house" and their "game" and they incur the "gamble" by supplying the million dollar (plus)...
Forum: 70-72 GTO Tempest & LeMans TECH 08-20-2012, 01:12 PM
Replies: 22
Views: 540
Posted By 70ra455
Again, it seems to me that I have no issue with...

Again, it seems to me that I have no issue with owners bidding on their cars ... in no reserve auctions ... IF THEY ARE REQUIRED TO PAY the 10% buyers fee AND the 6% sellers fee. If someone wants to...
Forum: 70-72 GTO Tempest & LeMans TECH 08-19-2012, 10:59 PM
Replies: 22
Views: 540
Posted By 70ra455
If the owner did NOT pay the commission(s) then...

If the owner did NOT pay the commission(s) then if I was the second high bidder I'd be ticked ....
Forum: 70-72 GTO Tempest & LeMans TECH 08-19-2012, 10:58 PM
Replies: 22
Views: 540
Posted By 70ra455
I think the way Scot said it was that the 2nd...

I think the way Scot said it was that the 2nd high bidder had the car at 50K (it was no reserve) and then the car's owner started bidding and he 'won back' the car at 77k ... so the second highest...
Forum: 70-72 GTO Tempest & LeMans TECH 08-19-2012, 04:49 PM
Replies: 22
Views: 540
Posted By 70ra455
Sounds like scot said he WAS bidding on it ......

Sounds like scot said he WAS bidding on it ... and that Scot is the one who told the previous high bidder of $50,000.

I'm not sure there is anything wrong with this IF the owner paid the 10% fee...
Forum: 70-72 GTO Tempest & LeMans TECH 08-19-2012, 03:59 PM
Replies: 22
Views: 540
Posted By 70ra455
So Scott then the owner of the car had to pay the...

So Scott then the owner of the car had to pay the 10% commission to Russo Steele? If he did then he should be able to bid on his own car. If not, then that's not right.

What do you think?

I...
Forum: 70-72 GTO Tempest & LeMans TECH 08-19-2012, 01:19 AM
Replies: 22
Views: 540
Posted By 70ra455
More Prices at Russo Steele

1970 GTO Convertible 455 Ram Air auto, burgandy, red interior, MINT FRAME OFF RESTORED, # matching all the way around

no reserve sold for $65,000 plus 10% = $72,000


1971 Chevelle...
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