There are sometimes bargains to be had at classic car auctions, but never has the phrase “caveat emptor” been more applicable to anything in the history of humankind than buying a collector car at an auction. In less than three minutes you will have to decide whether or not you wish to own a car that in most cases you have been unable to drive or thoroughly inspect. And you’ll pay a commission for this privilege, so make sure to do your math, decide what you’re willing to bid, and do not exceed that limit. As mentioned earlier, the auction company is acting as an agent for the seller, and they make it very clear that they are relying entirely on the seller for an honest description of the vehicle, eliminating any liability on their part for inaccuracies and leaving you with very little recourse if the car is not what you expected.
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January 2017
About Steve
Steve was born in Brooklyn, New York in 1957. He grew up in a time
and place where cars were worshipped, and none more so than the
“American Muscle Car,” although this was a phrase that wasn't coined
until decades later.By the age of twelve he was repairing just about
anything with an engine. |
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