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SVTPerformance's Chain of Restaurants
Road Side Pub
66 mile 93R on bat
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<blockquote data-quote="Cobra Jet" data-source="post: 16997569" data-attributes="member: 127353"><p>Your first paragraph is 100% true. eBay, BaT and the likes of similar online social platforms - we don’t know if that vehicle truly sold or exchanged hands (in some cases). Thats why I also never use those type of venues as any gauge to the true street or current market value. </p><p></p><p>As you said, to keep the playing field accurate and legit, there has to be certain avenues put into place like what Mecum does, or Barrett Jackson, etc. that definitely does not happen on eBay or BaT…. BaT used to be a good site to pick up decent vehicles for decent prices, until they got a bite of the money bug, and now their platform is just as bad as eBay’s when it comes to allowing anyone to jack the bids (or retract after the shill has been jacked)…. Sure large ending values look great for BaT, because that is the goal to rope in more sellers to sell on their platform so it looks like a viable venue and has “productive” results. Same is true with eBay, tons of complete “auctions” with high values - but if you take 5 of those vehicles and back track on their listing title OR the VIN via internet research, you’ll see it’s a vehicle that has been listed previously or one that is listed many times over (in some instances, even after a completed “sold” auction). eBay doesn’t care, as long as they’re raking in fees etc, it doesn’t matter to them if the vehicle was listed 20x, or if it sold or not.</p><p></p><p>——</p><p>I tried to watch some of the most recent Mecum line up - lots of very nice vehicles going through from what I saw. An original 1966 Ford GT40 hammered for over $6 Million…. Not really shocking considering its pedigree and it was with a single owner for many years, but that’s a true sale. Probably won’t see that car for another 30 years, just like when the original McQueen Bullitt hammered - that’s been gone from public eye for a few years now too…. </p><p></p><p>There were a few SN95’s and Fox Mustangs in the Kissimmee, FL auction lots, but not sure if they were televised or I missed when they rolled through. You can see them when looking online at Mecum site.</p></blockquote><p></p>
[QUOTE="Cobra Jet, post: 16997569, member: 127353"] Your first paragraph is 100% true. eBay, BaT and the likes of similar online social platforms - we don’t know if that vehicle truly sold or exchanged hands (in some cases). Thats why I also never use those type of venues as any gauge to the true street or current market value. As you said, to keep the playing field accurate and legit, there has to be certain avenues put into place like what Mecum does, or Barrett Jackson, etc. that definitely does not happen on eBay or BaT…. BaT used to be a good site to pick up decent vehicles for decent prices, until they got a bite of the money bug, and now their platform is just as bad as eBay’s when it comes to allowing anyone to jack the bids (or retract after the shill has been jacked)…. Sure large ending values look great for BaT, because that is the goal to rope in more sellers to sell on their platform so it looks like a viable venue and has “productive” results. Same is true with eBay, tons of complete “auctions” with high values - but if you take 5 of those vehicles and back track on their listing title OR the VIN via internet research, you’ll see it’s a vehicle that has been listed previously or one that is listed many times over (in some instances, even after a completed “sold” auction). eBay doesn’t care, as long as they’re raking in fees etc, it doesn’t matter to them if the vehicle was listed 20x, or if it sold or not. —— I tried to watch some of the most recent Mecum line up - lots of very nice vehicles going through from what I saw. An original 1966 Ford GT40 hammered for over $6 Million…. Not really shocking considering its pedigree and it was with a single owner for many years, but that’s a true sale. Probably won’t see that car for another 30 years, just like when the original McQueen Bullitt hammered - that’s been gone from public eye for a few years now too…. There were a few SN95’s and Fox Mustangs in the Kissimmee, FL auction lots, but not sure if they were televised or I missed when they rolled through. You can see them when looking online at Mecum site. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
66 mile 93R on bat
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