Maybe to you, but I go to auctions to get a bargain. I can walk into any vintage car sales office and drop my coin down for exactly what I want.
3 months ago, I went to an aviation auction. I bought a prop for $1800 that markets for $11,000. After $2000 overhaul, I sold it for $10k. I bought a GPS for $450 that I resold for $1200.
While I agree that most of the buyers want their dream car, they can go anywhere on the internet for the same price and get the same deal. Auctions were for bargains, now it's just getting one's face on the TV for 10 seconds.
I saw a Mach1 sell for $42k. I can buy them anywhere for $30-40k in decent shape.
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Today's Featured Article - Women and Tractors - More Views From the Farmer's Wife - by Teri Burkholder. The top ten reasons why the judges wouldn't let you participate in the stock antique tractor pull: Hey, this is stock! It came with that V8 in it! That "R" on my tires stands for "really old" not radial! Blue gas? We thought it was a pretty color! What wire hooked to my throttle?
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