![]() |
|
|
|
#6
|
||||
|
||||
To Reserve or Not to Reserve...
The conventional wisdom is that auctions without reserves generally bring a better price, because bidders know that the vehicle will be sold and are therefore more willing to participate, thus driving up the price. Of course, any individual seller who attaches sentimental value to his vehicle--beyond its intrinsic market value--is likely to include a reserve.
__________________
1988 California version 260E (W124) Anthracite Grey/Palomino Owned since new and still going strong and smooth MBCA member Past Mercedes-Benz: 1986 190E Baby Benz 1967 230 Inherited from mom when she downsized 1959 220S Introduced me to the joys of keepin' 'em goin' There are only 10 kinds of people in the world--those who understand binary and those who don't |
Bookmarks |
|
|