auction 'buy backs' - The Supercar Registry

01-23-2007, 01:40 AM

YENKO DEUCE REGISTRY YENKO DEUCE REGISTRY is offline

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Re: auction 'buy backs'

[ QUOTE ]
.... If you want to buy your car back you need to have someone you trust and someone that trusts you to bid on the car and buy it. Then he just sells it back to you. There is now way the auction house or anyone else can control that...

[/ QUOTE ]

Isn't this sort of 'shill-bidding with a reserve'?

I guess it could also be called an 'auction hedge'?

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