MTI on Barrett Jackson
01-10-2008 | 09:38 AM
#11
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You have the ability to put a reserve on any thing going thru. It is up to the seller if he wants a no-reserve sale. Even with that if the bid is too low he can have someone in the bidding area bid it up to a real number so he does not lose.
01-10-2008 | 11:32 AM
#12
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From: Tulsa, Oklahoma / GLOC
Granted, you can buy it back yourself to keep from letting it go to low but then you have to pay the buyers and sellers percentage to Barrett Jackson.
01-10-2008 | 12:12 PM
#13
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From: LAKE CONROE, TX
I didn't say that. There were 3 MTI's used in the movie. 2 New ones and Bob Bull's race boat. After the Movie people were done, one was sold to Randy's brother-in-law and painted red and silver with a large MOJO on the side. This boat has been all over the country on display and is very well known as the MOJO boat, especially here on OSO. It was traded to another guy from LOTO who changed a few of the graphics so he could send it out to the Auction. David Woods still has the other boat listed for sale on the Pier 57 web site. Hope that clears it up for you.
01-10-2008 | 12:18 PM
#14
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From: Toronto Ontario
Not true. My Uncle is the VP of Consignments for Barrett Jackson and all auctions are NO RESERVE. If it goes on the block, it will be sold.
Granted, you can buy it back yourself to keep from letting it go to low but then you have to pay the buyers and sellers percentage to Barrett Jackson.
Granted, you can buy it back yourself to keep from letting it go to low but then you have to pay the buyers and sellers percentage to Barrett Jackson.
I am down here in Scottsdale right now to work the auction hauling back cars to Canada, probably be a big year for Canadians with the dollar and all.
I will try and get some pics of the boat at the auction and post them here (if I can figure out how)
01-10-2008 | 12:32 PM
#16
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01-10-2008 | 01:27 PM
#18
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From: Lafayette,La
and what about tax? i watch the auction every year for a few hours and they talk about what the car sold for , buyers premium and tax.. or am i missing something?
and isn't that illegal to have someone schill(sp) bidding?
and isn't that illegal to have someone schill(sp) bidding?
01-10-2008 | 01:41 PM
#20
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Definitely illegal, tough to detect and exceptionally rare to see prosecutions.
It's not shill bidding if the properly-identified owner is doing the bidding. Some auctions allow the owner to match the bid and assume the fees.
