I'm watching Barrett Jackson in Las Vegas tonight. Craig Jackson is up on the podium telling the bidders they are not bidding enough on a car. "This car is a $_______ car!" I feel he is not so subtlely telling the bidders they are cheap skates and need to bid more.
I do understand where they stand as an auction house. When someone with a high end classic car is talking to auction houses about consigning his car; they try to get the car by telling the owner that they can get X amount of dollars for the car. When the bids do not come close to that amount; the auction house people look bad to the car owner. Craig Jackson's problem is that he has mostly cars consigned without reserves promising more money if they don't. Maybe back in 2006, not now.
So, everytime he grabs the mic, he looks like a total asshat. To me, it's desperate attempt to avoid a heated conversation about how a consignor's car only brought half the money they predicted. A car is worth exactly what someone is willing to pay for it. Not a penny more.
What do you guys think.
I do understand where they stand as an auction house. When someone with a high end classic car is talking to auction houses about consigning his car; they try to get the car by telling the owner that they can get X amount of dollars for the car. When the bids do not come close to that amount; the auction house people look bad to the car owner. Craig Jackson's problem is that he has mostly cars consigned without reserves promising more money if they don't. Maybe back in 2006, not now.
So, everytime he grabs the mic, he looks like a total asshat. To me, it's desperate attempt to avoid a heated conversation about how a consignor's car only brought half the money they predicted. A car is worth exactly what someone is willing to pay for it. Not a penny more.
What do you guys think.
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