These auctions can be entertaining to watch. I keep some of them on my DVR and sometimes just put them on as background noise while I'm doing something else.
I would absolutely never consider buying a car on live TV. If I were buying a special interest car I would stay relatively local to avoid shipping costs. Plenty of stuff in California to pick from and no interstate registration problems to deal with. I see lots of cars at these auctions that would have some real issues getting registered in California.
I would also not want the whole world to know what I paid for a car. Doing it on live TV is like saying "Hey, everyone out there seriously interested in (fill in type of car), I know you are all watching and maybe bidding, but when the auction bidding is hammered, I want everyone to know that no one was willing to pay more than me." Doesn't seem too smart when the time comes to sell it.
|