How are the sales prices of older Mopars holding up?

"many of those "auction cars" that appear to sell too cheap are bought back by the owners"

6pk2goDemon, sorry to be dense, but how does that work, exactly? Does the seller just wind up paying the auction fees and nothing else?


Not a dense question at all......Besides the entry auction fee (by the way, prime time = more $$$) there is an 8-10% commission paid by both the buyer and the seller on the final sales price. Very common practice to make sure your car doesn't go for less than you want from "what I am told".....lol. This is for the "big auction" and not necessarily for all of the others.

Several years ago, they would allow a "reserve" price and charge you a higher commission just like ebay, but they changed to a "no reserve" only auction and that's when "buying your own car back" became more common place.