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Barrett Jackson auto auction on TV
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racinfarmer
Posted 1/16/2008 19:40 (#284750 - in reply to #284714)
Subject: RE: Barrett Jackson auto auction on TV


feelnrite - 1/16/2008 18:55

There was a little money made there you think?


10% commission if you buy in person, 12% over the phone, 8% to the buyer.

15-17% commission if you buy something such as a poster or toy car at a vender there.

They sold a Cobra for 5,000,000 there. Barrett-Jackson made a minimum of 900,000 on commission from that car. If you are a buyer, seller, or vendor there, they should include a BJ with your purchese or sale. And if you want to go and just watch, a ticket is from 20 to 50 bucks (get more expensive as the week goes on). So ya, B-J makes a tad bit of money, but not off us!
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