
[Chrysler300] Baited Breath, Big Bucks and Barrett-Jackson
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[Chrysler300] Baited Breath, Big Bucks and Barrett-Jackson
- From: "tdcox" <tdcox@xxxxxxxxxxxxx>
- Date: Fri, 27 Jan 2006 14:38:23 -0500
Ron, you are mistaken. They get 8% from the buyer plus 8% from the seller.
If they sold $50 million worth of cars, that amounts to $8 million in fees.
Not a bad week's work, in spite of the substantial cost they must have
incurred to put on such a nice presentation. Of course, I imagine the Speed
Network (owned by B-J?) might have made a nice sum from advertisers for the
TV coverage.
> It seems to me there were an awful lot of the cars sold at B-J where the
owner would not be able to even begin to get his money back if he decides to
sell.
...unless they waited a couple of years and sold it again...thru
Barrett-Jackson !
Seems like B-J is the big winner in this. If they get 8% of all sales,
anyone sit down yet and figure out how much they made on this auction ??
Ron
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