
01-24-2011, 08:54 PM
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CC Member
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Join Date: May 2010
Location: Birmingham,
AL
Cobra Make, Engine: Kirkham 289 FIA, 363 Stroker
Posts: 751
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Not Ranked
Quote:
Originally Posted by mcorrallo
I was the consignor of the yellow SPF that sold for a paltry $33K on Thursday night. I was the victim of a serious bait and switch and I'm not going to go away quietly. I was given lot number 751 and told that the Thursday cars started at 10:00am with lot number 600. Assuming approximately 20 cars/hour and figuring a two hour miscellaneous delay, I figured my car would cross the block at about 7:30pm on Thursday. IT WAS ON THIS BASIS THAT I TOOK THE RISK OF EXPOSING THE CAR TO A NO RESERVE AUCTION! Little did I know that in the days and weeks leading up to the auction, B-J was adding cars to the run list and assigning them lot numbers such as 613.1, 613.2, 703.1, etc. By the time the auction started Thursday, my Cobra was NOT the 151st car that was going to cross the block that day. It was the 249th! Instead of a 7:30pm time slot, my car crossed the block at 11:15pm. The place was absolutely dead. I would have NEVER consigned this car with that time slot. No matter how nice the Cobra, it has a limited audience. You need as full house to get a fair price. Based on what Cobras sold for on Tuesday and Wednesday in the mid-40's, my car was easily a $50-60K car had it run when expected. But as the night wore on, a feeling of dread swept over me. I was helpless to do anything about it. They had my title and the car was in the "funnel". I was like a lamb being led to the slaughter. This has left a wound that is going to take a long time to heal.
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Right there with ya! I was 745 and my car went up at 11pm. I could not believe the number of cars they wedged in. The 61 corvette behind me was immaculate and original and it only sold for 52-ouch! At a reasonable time slot that car would have brought at least 75K. I dont guess I would complain if they put really nice cars in front of us, but a lot of them made no sense. They were not nice and were not items that people would want to see on television or at the auction. I was told my car would sell around 8:30-9:00pm and would be on television. Instead it went at 11pm when there were about 20 people left. I dont think there is much you can do though. im sorry you got screwed!
Last edited by RestoCreations; 01-24-2011 at 09:01 PM..
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