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Old 09-23-2022, 12:29 PM
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nolemmings nolemmings is offline
Todd Schultz
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Join Date: Apr 2009
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Quote:
Originally Posted by Snowman View Post

I think one could make an argument that it's not actually a deceptive tactic if they indeed charged 20% of the hammer price for sold items. But that's not actually the case. Nobody charges 20%. It's usually between 10 to 15% and the consignor gets some portion of the BP back. It's pretty difficult to argue that it is not intended to deceive with that being the case.
Not true. I have never received any BP kickback when I consigned and I believe many here could say the same. Unless your total consignment is for very large $$ or you have headliner material that will make the AH's front page you are not getting any of the 20% tossed back, much less up to half.

Again, I remain puzzled by any grousing over the BP as being deceptive. It's there in the rules for all to see, and if you get fooled once, don't go back. In fact, since so many here are intent on calling out what they see as shady or deceptive practices and avow they will not participate with such sellers, do so now. I would love nothing more than to see dozens or more competitors drop off the bidding list in nearly all major and minor auctions in solidarity against these "scammers".
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Last edited by nolemmings; 09-23-2022 at 12:33 PM.
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