WebEither way it's a pretty dirty move on any bidder, shill or not. The seller of the Mercedes followed up all the speculation that this was a case of shill bidding... "Enjoying the speculation on this one. Story goes like this. Guy wanted car, bid accordingly and guy wins car. Guy is happy. Dealer is happy." WebBring a Trailer doesn't vet buyers, sellers, or the cars. People seem to have the impression that cars being sold on BaT are somehow more likely to be "good" or honestly presented than on, say, eBay, and it ain't true in any official capacity. Because of the caliber of cars that are on there these days, you are more likely to be buying from a ...
Is it legal for an auctioneer to know max bids and place bids ...
WebDec 8, 2024 · Still, on pace for more than 100,000 auctions by early next year with sales of around $1.3 billion this year, Bring A Trailer’s new yearly record should raise eyebrows. This week, the online ... WebNov 13, 2024 · Step 3: Pay the Auction Fee. When the auction ends, Bring a Trailer charges the winning bidder’s credit card a 5 percent fee, which is in addition to the auction price. So, if you buy a $50,000 car, you pay $2,500 to BaT via your card. (The 5 percent fee is capped at $5,000; buyers who win an auction at a price of more than $100,000 still pay ... can boys get their period
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WebJun 22, 2015 · On Bring a Trailer the buyer and seller are committed to selling if the reserve is met and to buying if they are the high bidder and the reserve is met. If they don’t follow through as agreed there are … WebShill bidding is when someone bids on an item to artificially increase its price, desirability, or search standing. Shill bidding can happen regardless of whether the bidder knows the seller. However, when someone bidding on an item knows the seller, they might have information about the seller's item that other shoppers aren't aware of. WebIf the bidding gets close to the reserve, BKA may make a decision to match the funds to meet the sellers reserve. You as the high bidder will only pay BKA the 3.9% or $250.00 minimum of the last high bid you placed. BKA will also work as a liaison between bidder and consignor at the end of the auction to try and work out a deal if necessary. can boys give birth