Ask an expert
Does any one know that the Auctioneers are hand in glove with dealers. The dealers sit on the top enclosure and themselves bid to raise the bid or start the bid at the price they are looking for. The moment anyone else bids they instruct the auctioneer to flash the "Now Selling" sign and the car is now sold to the last bidder with no choice to think. Previously when one use to bid there use to be a sign "Closing soon" which meant the reserve price was close and the bidder if he is really serious can then bid further to seal the bid.
I think all members and the public in general need to be educated of this scam.
Regards,
Calisto
I'm not sure what auction you attend, but this certainly doesn't happen at Turners in Christchurch. Once the "Now Selling" sign is displayed, sufficient time is given for anyone to make another bid. I think any Turners auction would have the same procedure.
Why would you even bid if you didn't really want to buy the car?