Quote:
Originally Posted by desertfox73
I was watching the last few minutes of the VO 1M on eBay; with under ten minutes to go, the high bid was at about $55k...then the listing was canceled, saying the item was no longer for sale. I heard that the reserve was about $59k...I wonder if the dealer realized it wouldn't sell and pulled it because if the car doesn't sell, that hurts their ability (and presumably that of other dealers as well) to charge premiums?
Anybody know what might have happened to this auction? I was really curious about this, since I figured it would tell what the value of this car is on the "open market".
If someone has more information (i.e. dealer closed the sale with 8 minutes remaining), please post.
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Interesting. I would like to believe they pulled it because their reserve was not met. If that reason is in fact the case, hopefully this will help send a message to other dealers to stop trying to charge us with a ridiculous markup.