Ferrari Mailing List: Re: Auctions

[E M (pokiebaron]

Not sure, but I think it's best for the auctioneer. ;-)  Local one here, you
pay to enter your car, you pay more to enter if the car has a reserve.  If
sold, the seller then pays a sellers fee, and the buyer pays a % of the
purchase price to the auctioneer too.

Ed
911SC

2008/11/23 LarryT <l02turner [at] comcast.net>

> Was watching the Russo & Steele auction - they had a gorgeous 365 Boxer
> that was awesome - made me wonder - is an auction a good thing for the buyer
> or is it better for the seller?
>
> I also noticed the buyer & the seller pays a fee to the auctioneer - is
> that common?
>
> TIA -
>
> Sincerely,
> Larry T  (74 911, 91 300D 2.5T)
> www.youroil.net Oil Analysis Kits &
> Porsche Posters/Weber parts
> .
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