Fredo Corleone
Member
- 525
- 15
- 18
- Location
- Colchester, Vermont
I wish it was like ebay but they have a good system for driving up the prices. If it was my company I run the auctions the same way.
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Hey, Fredo, how do you know they pulled them to keep from flooding the market? Did they post a big sign? Send out a "We are afaid of flooding the market." email?I noticed they listed close to 500 hardtops back in july and quickly cut the number back to 120 as not to flood the market. I wonder how many deuce parts are still squirreled away.
Exactly, that's how capitalism works. If you don't like it, don't buy from them, if enough people don't buy from them they'll have to change their rules.These guys (GL) are not idiots. They are there to make money. It's their stuff to sell and they will do what is necessary to make the most profit. They don't care if you're offended by their rules because someone else (not just SS members either) is standing in line with cash.
Very good point,Exactly, that's how capitalism works. If you don't like it, don't buy from them, if enough people don't buy from them they'll have to change their rules.
Gosh...those are some harsh words for the last minute bidders (which I frequently am)!Hey, Fredo, how do you know they pulled them to keep from flooding the market? Did they post a big sign? Send out a "We are afaid of flooding the market." email?
OK folks. I know there is no shortage of conspiracy theorists but take a look around the auction world. Ebay is more the exception, not the rule. Many online auction sites have some kind of dynamic bidding. GL's is based on a 15 minute time extension, some are 1 minute, two minute etc.
When I buy, I try to use sites with definite closing times. When I sell, I like to use sites with dynamic bidding. However, if you are going to buy MVs at auction, GL is the only show in town. As we grunts used to say when things got bad "It's going to suck. It will always suck. The key to keeping your sanity is to embrace the suck and drive on!"
When you go to a spot bid auction and bid shoulder to shoulder with others they don't close the bidding at a fixed time. They close it when no one will top the last bid. That is the norm in auction-land. Again, Ebay is NOT the norm.
The thing that irks me with bidders on GL has to do with the rocket scientists who wait until there are two minutes left to up the bid. If I could figure out how to reach through the screen to give them a Three Stooges style "dope slap" I would.
For some items I put in my max bid and walk away but particularly when there are a number of items of which I would willingly buy any of them, then the last minute morons can really cause me heartburn. Still it is the way we must play the game.
Embrace the suck!
Lance
If you do some research I think you'll find that many SMALL CLAIMS and higher courts are pretty tired of Corps hiding behind these type of 'agreements'. First, they deny the citizen of a State every right that their State grants them with regards to consumer protection and small claims. Second, if the damage occurs in PA, and the Corp has employees/business presence in PA, the courts are INCREASINGLY frowning on the fact that the litigation must occur in a place far, far away. Evidence has to be moved, testimony has to be in the lesser preferred written statement vs in person testimony (and cross examination), putting all that expense on the plaintiff vs simply having the defendant show up at their own business place and have full access to witnesses and evidence.Paul
In reference to Arizona law, that is where their computer servers are registered as being located, as well as their 'headquarters' (home office, etc.). Many corporations are chartered in Delaware or South Dakota because of certain aspects of their corporate law are more favorable than in other states. GL chose Arizona, and we have to live with that!
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