Dedicated to the Promotion and Preservation of American Muscle Cars, Dealer built Supercars and COPO cars. |
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#1
03-01-2004, 01:23 AM
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Re: Berger COPO / EBAY
Isn't that how proxy bidding works....you put in your max amount and every time someone puts in a bid that isn't higher than yours, you overtake their bid amount each time until some one out bids your max bid at the time...
__________________
I don't think it was coincidence that the Great Depression happened during Prohibition... 
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#2
03-01-2004, 01:26 AM
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Re: Berger COPO / EBAY
Could be that too !
__________________
 <span style="font-weight: bold"> (__{B}_____]]]]~~~~</span>Don't mess with old farts - age and treachery will always overcome youth and skill! Bullshit and brilliance only come with age and experience.
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#3
03-01-2004, 01:30 AM
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Re: Berger COPO / EBAY
why step over the highest bid at one time!
__________________
69 JL8XRAM/,68 BM Camaro/67 BM Chevelle/W-30,67 Baldwin Motion Chevelle
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#5
03-04-2004, 08:03 PM
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Re: Berger COPO / EBAY
I was watching this auction and it closed without a win? For days the next bid by 1 dollar would meet the lowered reserve but nobody bit. I don't get it.
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#6
03-04-2004, 08:04 PM
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Re: Berger COPO / EBAY
Anyone know if it sold off e-bay ?
__________________
<span style="font-weight: bold"> (__{B}_____]]]]~~~~</span>Don't mess with old farts - age and treachery will always overcome youth and skill! Bullshit and brilliance only come with age and experience.
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#7
03-04-2004, 08:55 PM
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Re: Berger COPO / EBAY
Makes you wonder how serious the bidders were if they knew what the reserve was and didn't really want to pay $110K when it was dropped back down. I think the Brown RS/COPO sold for $135K at BJ auction so this car looks like a deal at $110K. If only I had $109K I could borrow....
__________________
69 Z28 JL8, #'s match - being restored
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#8
03-01-2004, 01:33 AM
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Re: Berger COPO / EBAY
its just strange how all that works, he probably does have it on auto to a certain amount. it was bidding about every 15-20 seconds for a while there.
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#9
03-01-2004, 01:57 AM
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Re: Berger COPO / EBAY
More fun to creep up on it eh !
__________________
<span style="font-weight: bold"> (__{B}_____]]]]~~~~</span>Don't mess with old farts - age and treachery will always overcome youth and skill! Bullshit and brilliance only come with age and experience.
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#10
03-01-2004, 05:15 AM
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Re: Berger COPO / EBAY
It's actually GTOman who put in a proxy bid. Then every time MC29 tried a higher bid, the computer automatically bid the next increment for GTOman. Once MC29 exceeded GTOman's max bid, he became the high bidder. Notice that GTOman then put in a higher bid, and MC29 snuck up on him again.
Once the bidding is over, and you can see the actual bids, it's easier to understand. But you know two things.... GTOman's tactics are to put in a significantly higher bid, and MC29's tactic is to try to "just" overbid the current high bid. Oh yeah, we know one other thing...both guys want the car! Ain't ebay fun!!
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