BLURRING THE LINES
When is a classic car auction not a classic car auction? There’s quite a lot of rightly justified confusion in the old car movement about cars sometimes being offered on auctioneers’ websites with both an estimate AND a ‘buy it now’ price. Not surprisingly, the net result of this is that confusion reigns, with some people I’ve spoken to in recent months saying ‘what’s the point of that?’
I have to say that I’m in complete agreement with this sentiment. Cars that are sold at auction are a different kettle of fish from cars that are sold by a dealer or a private seller, and blurring the lines in this way does the auction world absolutely no favours at all. And it’s not just me saying it, either – dealers and enthusiasts are also increasingly scratching their heads.
Interestingly, the longe restablished businesses have decided against jumping aboard this particular bandwagon, and rightly so – they’re clearly seeing the difference in roles between a dealer and an auction. Would that others would follow suit.
‘Blurring these lines does the auction world no favours’