And it didn’t meet reserve

Kinja'd!!! "Kiltedpadre" (kiltedpadre)
07/14/2020 at 19:22 • Filed to: None

Kinja'd!!!2 Kinja'd!!! 25
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That’s a bit over $630 per pound.

I’m betting the reserve was probably right around $100k.

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DISCUSSION (25)


Kinja'd!!! BaconSandwich is tasty. > Kiltedpadre
07/14/2020 at 19:32

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Cool car and all, but total crack pipe at that price. There’s a lot of things out there that are a lot of fun for a lot less money.


Kinja'd!!! gettingoldercarguy > Kiltedpadre
07/14/2020 at 19:34

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Once the central banks pump a few more trillion into the markets it’ll sell for that price. Either way, foolish laborers will never attain assets attainable 40 years ago, let alone a joke of a car.

Fuck the poor.


Kinja'd!!! barnie > Kiltedpadre
07/14/2020 at 19:35

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Comment on BaT said 2 others went for 100 and 130. Comments also said this is a fine example so it should have gone for more. Left the auction when the bid didn’t go up much this morning. Glad I’m not in that market but that is a cool, little car. And the Emma comments were good for a giggle.


Kinja'd!!! lone_liberal > Kiltedpadre
07/14/2020 at 19:37

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TIL some people can spend $78k to make their friends laugh.


Kinja'd!!! SBA Thanks You For All The Fish > barnie
07/14/2020 at 19:42

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Is this the “canary in the coal mine” for a bubble market about to explode?


Kinja'd!!! Rusty Vandura - www.tinyurl.com/keepoppo > gettingoldercarguy
07/14/2020 at 19:42

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I’m glad you got that  off your chest...


Kinja'd!!! Rusty Vandura - www.tinyurl.com/keepoppo > lone_liberal
07/14/2020 at 19:42

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What does TIL  mean?


Kinja'd!!! CarsofFortLangley - Oppo Forever > Rusty Vandura - www.tinyurl.com/keepoppo
07/14/2020 at 19:49

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That you're under 35


Kinja'd!!! Svend > Rusty Vandura - www.tinyurl.com/keepoppo
07/14/2020 at 19:50

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‘Today I Learned'. 


Kinja'd!!! Chariotoflove > Kiltedpadre
07/14/2020 at 19:50

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Hard to fathom. I personally would have plenty of reservations about buying this. 


Kinja'd!!! dogisbadob > Kiltedpadre
07/14/2020 at 19:53

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Good.

Fuck the cowards who use reserve prices, anyway. They should just start the bidding at the minimum they hope to sell it for.

Does BaT have proxy/automatic bidding like eBay has? With an eBay auction with a reserve, if your max bid is above the reserve, it automatically goes up to the reserve. This is a good way to discover the reserve, and then y ou can retract your bid.


Kinja'd!!! Rusty Vandura - www.tinyurl.com/keepoppo > CarsofFortLangley - Oppo Forever
07/14/2020 at 20:00

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Hmmm...


Kinja'd!!! onlytwowheels > Kiltedpadre
07/14/2020 at 20:02

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https://p50cars.com


Kinja'd!!! barnie > SBA Thanks You For All The Fish
07/14/2020 at 20:35

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heh. I’m thinking the market already ‘sploded. It’s now getting back to a reasonable view.


Kinja'd!!! SBA Thanks You For All The Fish > barnie
07/14/2020 at 20:51

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I sure see that on 911s and 912s... They don’t all trade for $100K.

If the market’s not collapsed, it’s at least softened a bit.


Kinja'd!!! Kiltedpadre > lone_liberal
07/14/2020 at 21:59

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I’m honestly surprised it stalled out there. The last two that sold went for 100k and 130k respectively. This was the even rarer version that was built for Canada. I think it’ll show up at somewhere like Auburn for an auction.

I think we finally found a style of car that the bring a trailer crowd won’t overspend on.


Kinja'd!!! Kiltedpadre > SBA Thanks You For All The Fish
07/14/2020 at 22:00

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I think that is definitely coming, but I think this car is too much of an oddball to be a good indicator.


Kinja'd!!! Kiltedpadre > barnie
07/14/2020 at 22:03

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Yeah, I was surprised when the bids seemed to stall out. I honestly expected it to go much higher. I’d be curious to see what happens if they try again at a future Auburn, In auction.

I wonder if we finally found a vehicle class not well represented among the deep pockets that go to bat.


Kinja'd!!! SBA Thanks You For All The Fish > Kiltedpadre
07/14/2020 at 22:05

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I’m just sad that there are actual people who actually paid 6-figure sums for these...


Kinja'd!!! Kiltedpadre > BaconSandwich is tasty.
07/14/2020 at 22:06

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I’d need to know the actual reserve to say specifically, but the high bid here was quite a bit below what the last two on the market went for.

This wouldn’t even be my first choice among microcars, but it’s a damn fine example.


Kinja'd!!! Kiltedpadre > dogisbadob
07/14/2020 at 22:09

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I’m pretty sure it does based on how quickly I’ve seen big jumps from a vehicle that hasn’t met reserve then suddenly it shoots up to a price that does. Whether or not you can retract bids once placed though I don’t know.

I really hate the cases where you see a car with a starting bid of $10k only to find out the reserve was 7 or more times that. 


Kinja'd!!! Kiltedpadre > Chariotoflove
07/14/2020 at 22:11

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I’d love to own a microcar, but this wouldn’t even be in my top 5 choices yet it’s one of the more expensive examples. 


Kinja'd!!! Kiltedpadre > SBA Thanks You For All The Fish
07/14/2020 at 22:14

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I’ve seen sadder things go for crazy money on BAT. Some of the mundane 80’s cars that have sold for close to 6 figures come  to mind.


Kinja'd!!! dogisbadob > Kiltedpadre
07/14/2020 at 22:38

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At least eBay has second chance offers! It works as a private buy-it-now listing only for the high non-winning bidder. Sellers can also use the second-chance option if a winning bidder backs out for some reason.

The seller should let the winner buy the car for 78k


Kinja'd!!! lone_liberal > Rusty Vandura - www.tinyurl.com/keepoppo
07/14/2020 at 22:51

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Today I Learned, though in this case it’s more like Today I Was Reminded.