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Old 03-28-2021, 12:56 PM
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Quote:
Originally Posted by joyridin' View Post
I guess $5 million is what that car is worth. Pratte paid $5.5 million in 2007. If you factor in inflation, it is losing value.

https://www.youtube.com/watch?v=Mwh2kUZUDbc
And in this case the "willing seller willing buyer" paradigm is in full force, since the car had a reserve and the reserve was met - either because that was the agreed reserve (or lower) or it was lifted at the end. I didn't see it so couldn't see the back and forth.
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