Join Date: Feb 2004
Location: Providence, Rhode Island
Look, this is beaten to death already, but my original warning, and one that I think is 100% valid, is that STRUCTURALLY, BaT auctions are inherently unsound:
1. They encourage you to buy on pictures and descriptions (despite your sarcastic comments Paul, people are NOT flying around the country, cancelling work and life, buying last minute tickets on airlines to make inspections on 7 day auction cars they may or may not win. They just are not, for any number of reasons, dropping everything to look at an auction car 2,000 miles away tomorrow or the next day. BaT KNOWS this. Their entire business model is built on "bid and buy based upon the pictures, descriptions, and excellent commentary from knowledgeable sources");
2. If the pictures and descriptions are fraudulent (and therefore the expert commentary is irrelevant), BaT collects its commission and tells you to go take a flying f$*k. "It's between you and the seller, we are just the platform."
Its a recipe for disaster. Yes, smart and savvy people can avoid most of the risk, as you have pointed out. That does not mean that the whole architecture is not unsound. BaT wants you to buy on pictures and descriptions. No - they NEED you to buy on pictures and descriptions or their whole concept falls apart. To then say, "you didn't do your due diligence so leave us alone" when the pictures and descriptions turn out to be fake seems more than a little disingenuous.
Empires dissolve and peoples disappear,
Song passes not away.
Sir William Watson
Former 2005 Elise Owner
Former 2011 Evora Owner
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