Quote:
Originally Posted by Tim Ayers
I have not been to a live Mecum or Barett-Jackson auction, but I thought you have to prove some type of financial viability before you're allowed to have a paddle. That's all that should be asked.
If being a shill is a business, that $150 ain't going to stop them if they can make a tidy profit.
I'm of the opinion that all of these reality and non-stop Barret-Jackson auction shows are only feeding this crazy notion.
I know others may not agree, but the 20-25% consignment fee and other related fees the auction houses charge should leave plenty of meat on the bone for them to make their money. They don't need it on the back of interested parties.
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You have to present a bank letter guaranteeing your highest bid.