Cheap 360 Manual
Discussion
carphotographer said:
So CC isn't like a real auction where the final bid legally contracted to pay ???
I sold an original motoring painting on Collecting Cars for a reasonable price, the next day the buyer pulled out, Collecting Cars didn't give a toss - they couldn't have been more disinterested, said " the deal is between you and the buyer " ! - they'd already got their money - atrocious !Monty1502 said:
carphotographer said:
So CC isn't like a real auction where the final bid legally contracted to pay ???
I sold an original motoring painting on Collecting Cars for a reasonable price, the next day the buyer pulled out, Collecting Cars didn't give a toss - they couldn't have been more disinterested, said " the deal is between you and the buyer " ! - they'd already got their money - atrocious !bencollins4 said:
Very odd. And why would you out-bid the last bid by £17.5k when it had been going up in small increments until then?! Then to out-bid yourself again by another £5k…….
The only explanation I can think of is that they thought it works like ebay does, where you enter your maximum bid and the system bids for you up to that amount. (Providing there is another bidder who is putting in bids as well).If you were under the assumption that it worked like that, it would look as though you were about to be outbid after your £17.5k bid went in. So you bung another £5k in to cover off anyone outbidding you at the dying seconds. But the other thing is CC extends the auction time after each bid so you can’t be “sniped” . So it’s a heck of an expensive misunderstanding if that’s what they’ve done!
There is an option to place a maximum bid on Collecting Cars as well as just placing a standard bid. I would assume that the maximum bid feature would automatically increase the bid in the manner that bidding on eBay does, i.e. it just increases sufficiently to outbid the nearest high bid until your maximum bid has been achieved.
BAMoFo said:
There is an option to place a maximum bid on Collecting Cars as well as just placing a standard bid. I would assume that the maximum bid feature would automatically increase the bid in the manner that bidding on eBay does, i.e. it just increases sufficiently to outbid the nearest high bid until your maximum bid has been achieved.
Yes that's what it does, if you click the max bid button.Live bid however...
Shaoxter said:
Yes that's what it does, if you click the max bid button.
Live bid however...
The bidder must surely have known that he had made a mistake. If it was me I'd have contacted CC immediately and asked them to retract the bid. As he didn't he must have more money than sense.Live bid however...
Mark_Blanchard said:
Or maybe the bidder wanted the car and was prepared to spend up to £70,000.
Perhaps, but considering the way that the CC auction works (by continually adding on an additional 2 minutes until no further bids are made) it is a strange way of going about it. If it was me I would be wondering whether I could have bought it for at least £5k less. Hopefully the buyer is happy and that is all that matters from his perspective.I think the two bidding buttons are (presumably deliberately) positioned so that the first button immediately places your maximum bid amount whereas the second one only bids as much as needed to outbid the current bidder then automatically bids up to your max as other bids are placed
Maybe the winning bidder inadvertently used the first button which is easily done if you're not familiar with the setup
Maybe the winning bidder inadvertently used the first button which is easily done if you're not familiar with the setup
PinkHouse said:
What stops a bidder from artificially bidding high on CC, winning the auction and trying to lowball the seller after the fact, since CC don't care what happens after the fact?
Nothing. However you would have to be prepared to lose the fee to CC if the seller told you to go forth and multiply.Babw said:
This is what had crossed my mind, a very keen fanboy/girl frothing at the mouth at the thought of owning a Youtube sensation..... I can just see the sale advert in 6 months when the novelty wears off "celebrity previous owner".
Just watching the STG podcast and it appears I called it. Someone paid "top dollar" for the car because a Youtube viewer felt a sentimental attachment to it? Gen Z?Babw said:
Babw said:
This is what had crossed my mind, a very keen fanboy/girl frothing at the mouth at the thought of owning a Youtube sensation..... I can just see the sale advert in 6 months when the novelty wears off "celebrity previous owner".
Just watching the STG podcast and it appears I called it. Someone paid "top dollar" for the car because a Youtube viewer felt a sentimental attachment to it? Gen Z?Hoofy said:
Mental. If anything it would put me off!
Agreed but with Sam's car I think it was a positive, he is a really decent guy who also really takes care of his cars and his invoices with AV Engineering will be thousands upon thousands spent, he also had a back to bare metal respray so though it was approaching 60,000 miles I suspect mechanically and aesthetically it may have been as good if not better than cars on less than half the miles.Would I paid 75k for the car, no as I'd still rather a lower mileage example, but good luck to the new owner and enjoy it.
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