Quote:
Originally Posted by zoesgift
if I'm in a position to bid this sort of number, I'm pretty well off yeah? so I'm pretty good with my money yeah? ok that's an assumption. why would I, with days left in such an auction bid such numbers, when I could wait till the last hour to separate the men from the boys so to speak? id be interested to know how many of these bids are genuine bids from ppl who want the car?  |
Having been to a number of auctions of various kinds, cars, collectibles, militaria etc, I have seen people do jump bids many times, just to lock people out and get the item.
I asked one of these jump bidders why he did it, his answer was very simple "I want it, I have the money to pay what I think it is worth, why stuff around waiting for low ballers?"