Quote:
Originally Posted by calvindog
How is it a last five second situation when REA has a 15 minute clock? Why would any bidder push the lot up to a max with a week to go?
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So you're saying the guy who bid 14K really thinks he's getting a 30K+ card for that? Bidders that wait the last few minutes to bid still end up paying a more realistic price (they won't steal it for 15K). These thirty day online auctions are plain dumb. If promoted right they can be done in a day. Look at MECUM Auctions, they auction off a 250K car in less than a minute.