The risk with “no reserve” auctions.
I wouldn’t be surprised if this car comes back up for sale again by a “flipper” at about double the purchase price. Seems to happen quite often with auction cars.
So this tells us it bid to $28k. Add the 20% buyer's commission to total $30.8k. The seller really took a bath, as he/she also paid a seller's commission, plus transport costs.
Sent from my iPhone
On Jun 24, 2016, at 1:03 PM, Mark Miller mark@xxxxxxxxxx [Chrysler300] <Chrysler300-noreply@xxxxxxxxxxxxxxx> wrote:
Posted by: "Carl" <cbilter@xxxxxxxxx>
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