You're listening to the Get Out and Drive podcast, fueled by AMD with your hosts, John Custom
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Welcome back to another episode of the Get Out and Drive podcast, fueled by AMD.
I am John, Custom Carr-Nerdmeyer.
And I'm Jason Old Car Guy Carr.
Anybody who's been watching anything having to do with automotive news lately, your
feed has probably been jammed with our guest today.
His screen name on his social media is Bobby Adams World.
We have Bobby Adams with us today.
He is the person that missed out on bidding on a 56 Continental.
And I see a lot of people have posted about this issue.
And I want to make sure that Bobby was available to let us know what's going on from the
horse's mouth.
Bobby, tell us who you are and what it is that you do for a living.
What makes your mark here on the internet today?
Yeah, how's everyone going?
Nice meeting you guys, Jason and John here.
So my name is Bobby Adams.
Bobby Adams III, actually.
And I have been a classic car dealer my entire life.
I'm actually third generation.
My grandpa started doing classic cars in the 50s when the cars from the 30s and
stuff were considered antique.
So he's been around from the beginning of all the auctions, from there, Jackson,
to cruise, everything.
So he really made his mark.
And then my dad got into the business.
He was doing a lot of the muscle cars, Corvettes and stuff.
And then I grew up around it.
I've been going to classic car shows and auctions since I was a little kid.
My parents even met in the Corvette Club.
So it wasn't for cars.
I wouldn't be here.
I've been doing cars my entire life.
So being grown up around it, I was flipping cars in high school.
I've never really had a real job.
I was always doing cars.
So I was flipping cars in high school and then started helping restore my dad.
And then I just got it.
I loved buying and selling was my favorite thing.
So I connected with a younger Corvette dealer in town and helped him out.
And then I was doing stuff with my dad.
And then I opened up my own dealership.
When eBay started, I got big on just doing a lot on eBay.
And then just following the trends as they go.
So you're certainly no spring chicken to automotive auctioning and how the
process works, correct?
No, I just say I've been there.
I have pictures of myself as a little kid at these auctions.
So yeah, I bought a lot of cars.
I've been in the auto restoration industry for over 35 years.
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When you when you talk about auctions, we're not just talking about buying
and selling like we're talking about just the whole experience being around it.
Don't take this the wrong way.
You don't look like a spring chicken.
You've been you've got some experience under your belt with with life
and with these auctions.
Tell us some some highlights, some experiences, some great experiences that you've had
and maybe some specific cars that you there's just so memorable
that you've bought over the years or that you've sold even.
Memories of buying stuff at the fun.
It's just the whole experience, the fun of going to these auctions with your friends
and I take my family with me and my wife and choose my girlfriend at the time
going to the auctions, but going to auctions, buying sometimes truckloads of cars.
And I literally like going to smaller auctions is kind of my favorite
when before really the internet was out there, there's a lot of like
small auctions over the place.
I really love the cruise auctions back in the day because people would bring,
you know, there's cars you never see like collections coming out.
And I buy all kinds of cool, like I really love Cadillacs and Lincoln's
like the big American cars.
So I bought some really cool, cool cars out there.
If you know, I would sell, I wouldn't sell that much at auction,
but during the there's a kind of a heyday of there, Jackson,
there's times me and my friends would kind of partner up on cars
and we'd send like 30, 40 cars through the auction at once.
And that was pretty crazy at the time.
And, you know, you weren't competing much with the online stuff.
So, yeah, it was like almost every car would do crazy money.
So it was a it was a lot of fun time, you know, the specific cars.
It's hard to I've done so many cars.
It's hard to like really pick out the specific ones.
There was one actually actually is Monterey, California.
I bought a 70 Hemicuda clone convertible that went through there.
And I bought it for like if they said it was a clone and I bought it
like $35,000 or 39,000, which is actually really cheap for that car.
As a clone, I get home and I start looking at the numbers
like what was this car originally and everything started coming up
as a real Hemicuda from the VIN number to the number on the engine
to everything. And I'm like, this can't be like someone didn't make a mistake.
And long story short, we had to begin some professionals that knows
Mopar's this one guy, I can't remember his name, Govier got him involved.
And turns out some guy was repopping these things back in the 90s
and making, you know, trying to scam people, making real Hemicudas
and put them out in the market.
And there's five of them and four of them got revined.
But this one never did.
And it was like the ultimate clone, you could say.
That was a crazy story and everything.
And that car I sold on eBay the first day and it sold for I did really well
on that car, but it was a pretty crazy story.
Yeah, if anybody you want looking at your stuff, it's Gail and Govier.
He is incredible.
Did you say that car got a aftermarket data tag?
Whoever did the five cars did them to basically fool people.
But they like they went and stamped.
They got original vintags and stamped them and everything.
Wow. Yeah.
There's like a full numbers matching Hemicuda and realize I didn't sell it.
Is that obviously I saw as I saw as ultimate clone.
And wow, I mean, that that's a whole other story in itself.
Wow. Yeah, exactly.
That's boring on jail time for builder situation.
Yeah, I didn't the guy did go to jail for that one.
But the story I heard. Wow.
That is some craziness.
Yeah, but as a used car dealer myself, I attend auctions.
I've been doing auctions now for almost 20 years.
And, you know, like when you're doing it as a used car, late model stuff,
there's generally not much that jumps out at you.
There's a few experiences that you have when some you lose some make money,
lose money, whatever happens to be.
But as you as you roll on and I guess what we're building up to here
is the experiences that you have in your business
creates opportunity to not do the same things over and over again.
So when guys go to the auction, we see people at the auction all the time.
You know how they bid, you know, their practices, you get to know,
you know, should I be waiting to the last minute and jump in there?
Or do I be right on top of the bidder as as they get next bid
and just keep rolling on and rolling on?
Have you experienced it in over the years?
Do you have a certain bidding?
I'm not going to ask you to reveal it to all the people out there.
But do you find that you have certain bidding practices
when you're going and looking at certain cars?
Like, do you know how to read those auctioneers?
Oh, yeah, you have to.
I mean, there's every auctions different, you know,
you got the really fast paced auctions where you have to pay attention.
And then you got the slower pace of, you know, like Bonham's or RM,
where it's like very slow and you don't.
I mean, it's very clear, you know, who's bidding and who's not.
But at the fast paced auctions, yeah, you do.
You know, there's times where I if you start bidding too fast,
they'll run you up like there's no one else bidding against you.
And that is is one thing you really have to be careful for.
So I'm I don't go crazy.
I get my bidder to show I'm serious.
Then I kind of hold back and see where the auction is going
and just kind of feel the room, you know, see where usually when
someone's bidding, the ring men are out running after them.
You don't see it happening.
You get that feeling.
Well, who's out there?
So you have to pay attention.
I guess the number one rule of classic car auctions is don't drink
and bid at those auctions.
That is that is the number one rule because then you don't
you lose.
You're just getting too involved.
And that's when issues happen.
So that's probably my number one rule to go into.
I don't take advantage of the free bar until afterwards, right?
Yeah, don't don't let your ego get involved.
And don't listen to the strokers that are behind you.
The the the pretty ladies with their hand on your back.
Yeah, now there's plenty of times where I got off on a car
and there's a particular car over the weekend.
I I was on the car 25 and then also I went to 30 really fast.
And I'm just I just started walking away and also I'm back in at 25 again.
So how do you think that happened?
Are you don't know? Yeah, exactly.
Good gravy.
Well, I I know that you're like like you have explained your background
and everything and you're certainly not new to this whole situation.
And what went wrong on the video that you posted?
I mean, it seemed like a regular day.
You're out there, you're bidding, you're doing your thing.
Some things happen, some things don't.
Some things go your way.
Kind of play us through what what happened in your head?
What were you thinking and kind of kind of play us through the day?
Yeah, so we it was actually the last day.
And those that was the second the last car through.
So I have a social media girl that does my social media helps.
And she follows me around and let the content educate people
and it's kind of showing behind the scenes of what I do.
And that's what the purpose was for.
And honestly, I went back there to pay for another car I bought
earlier in the sale, a couple of days earlier.
And I saw these two Lincoln's going through and I'm like,
those were not on the list and I think they were reruns.
So I stayed to watch them and the black and there's a white one
in a black one. I like the black one better.
Looked it over.
I need a couple of little things, pretty nice cars.
So I'm like, I'm bidding on that car.
And it got in the block.
They were trying to get bids in the 40s, 35.
And and then it went down to 20 and it just went up the 30 and quit.
And they're trying to fight for bids.
I don't know if even they had any money at all to tell you the truth.
Like at the 30, I think because they were trying to get some of the bid again.
And then I was looking for 32.
I said 31.
They took the bid and then the owner was in the front row
and they were really working to drop his reserve
because he had a high reserve on it.
I don't know what it was, but there's a high reserve.
And it took a while.
I mean, that first video is shortened up,
but it took a while.
I mean, they were really working the guy and working the guy who was waiting
and waiting and waiting and who felt like a long time,
but it was probably like a minute, you know, but it's a long time when you're sitting there.
And they'd lifted the reserve and they called out any more bidders,
any more bidders, any more bidders, 32, 33, 32 and no one was bidding.
And then they said, took the hammer, sold.
And right at that same moment, it was like one of the women yelled out for a bid.
But you already had the hammer drop.
They went sold, two, three, like it sold came out, the hammer dropped.
And then you just started picking it up again.
And that's when I lost them.
Like you sold the drop, the hammer, and then they tried to belittle me
by say, would you watch the morning announcements?
I'm like, well, no, I wasn't there that morning.
You know, I don't know what the morning they all like,
I know there's some special rule that I didn't hear.
And I didn't like, but that's not he said sold
because I've been in the position of way, thinking too long
and then raising my hand in that same kind of instant thing.
And they went with, you know, they already sold it too late.
You know, you shouldn't have waited that long.
And that was my fault.
I shouldn't have waited that long.
If you're interested, get your bid in there
because they were working that car for a while, you know,
like what takes that long to think about it?
Well, later on in the video, I did watch the morning announcements
from that exact, you know, auction that day.
And they said, when that hammer drops, it's transferred.
Ownership is transferred.
And that's, you know, when back in the old days,
the cruise auctions and all those auctions,
like it was hammers, slams, that car is sold.
There's no question about it.
And I just felt that I was taking it down like that was BS.
And then I felt like looking back,
someone made a comment earlier, actually last night
about how they went up a couple more bids.
Well, who is the third person that,
because I think it ended at like 34,
but then it had to be another person bidding.
And then they're trying to get me to bid again.
And I'm like, you know, I'm not playing this game.
I was just upset.
And you know, afterwards,
well you could have gone in the office and complained,
but I would have gotten over with that.
I'd just been paid more money for the car, basically.
So it just, I didn't like the way it happened.
And I thought it was ridiculous.
And we posted that experience.
I had no idea it was take off like that had it did.
You know, it wasn't my intention.
I was just trying to like get content
of what it's like bidding.
And then that happened, so.
Wow.
And the person that had bid above you,
the one or possibly two mysterious people
that had been above you,
were they internet bidders or floor bidders?
They had to be a floor bidder.
And again, I was so right there.
It was like to my right.
Cause I like to stand up kind of on stage
to kind of watch what's going on.
But that time I lost what was going on
because I was heated in a moment,
but they took it from somewhere in the back.
But then again, I got to rewatch it again
because there's someone said to her,
well, how did a third bidder get involved
if, you know, possibly.
So I don't know if they ran it again,
you know, to get him to get him run up again.
I don't know, but I have to watch rewatch it again.
Wow.
Well, that's a sticky situation.
Yeah, exact.
I'm not a new bidder there too.
I just, you know, I bid there.
I have a low number there.
I've been going there since I was a kid, you know?
And cause there's auctions and it just,
I just thought it was a pretty,
not a good thing to do, you know?
So if you guys are a little bit lost
and don't know exactly what we're talking about,
I'm going to get Paul to run that clip right now.
Insert that and let you guys see,
and we'll do the condensed version
just so that everybody knows exactly what was going on.
31, 2, 31, got 31, 32.
Reserve is off, 31 bids, you're going to get 2.
I have 31,000 elevators, you're going to get 32,000.
So, 2, 32, 32.
He says, so, takes a couple more bids.
And clearly you can see Bobby's upset, as I would be.
You know, a few profanities come out there,
but nevertheless, we know that the hammer comes down.
And I guess what I wanted to go with this
and where I wanted to go with this
was rules of the auction.
And so I Googled it.
I know that there's AAA rules
at an auction for arbitration.
There's rules for everything
that most auctions follow those same set of criteria.
And what it is that people say.
And I'm going to read to you what it says here on Google.
It says, a vehicle is officially sold at an auction
when the auction bangs their hammer
after the bidding stops, indicating the highest bidder,
which in this case, in my opinion, was Bobby,
has purchased the item.
So, when the time came that hammer went down,
he didn't just hammer and take more bids.
He hammered, he said sold,
and yet he took two more bids,
neither of which were Bobby's.
And that's where the questions start coming out
in the comments to say,
well, one thing I need to make clear
is that when you go to an auction,
the auctioneer has the final say, period,
regardless of what happens.
That's usually the general rule of thumb,
meaning when that hammer goes down, he says sold, it's done.
You missed out, too bad for you.
The problem here is he said sold,
he hammered down, took two more bids,
and then sold the car to somebody else.
So that's where the heat comes in.
That's where Bobby got upset,
justifiably as far as I'm concerned,
being in that position myself.
I've lost bids, like he said earlier,
when you're just a little too late
to either raise your hand
or click that button on an online bid
and they take somebody else and they sell it.
You snooze, you lose.
Bobby wasn't snoozing here.
He was on the block.
He was taking his bid.
He wanted to buy that car.
Nobody else wanted it.
Why did they wait so long
and why did they take bids after the fact?
So I know that there's gonna be people come up
on both sides of this.
But by the rules of the auction,
when the hammer comes down
and the auctioneer says sold,
that should be the final say.
As far as I'm concerned,
Bobby, I know that you've lived this.
You've been a part of that.
You, in the heat of the moment,
you had some few choice words,
but at the end of the day,
you know that you don't have much to stand on
because it's the auction against you.
And like Vegas,
it's like Vegas when you go to an auction,
the house always wins.
So as we kind of entered into the discussion
talking about right or wrongs,
obviously you feel wronged in this position.
But where did you go after this all transpired?
You did not get the car.
The auction says, I'm sorry.
This is the rule.
We sold it to Joe Blow over here
for the 33 or 34 or whatever it was.
What happened after that?
What happened after that all went down on the block?
Well, so you saw a friend of mine I was with
went up to the one of the ring men that I was dealing with
and he tried to say that all they could never said sold,
which is you can see it right there,
like clear, hear it.
And even watch back the video again,
even the owner of the auction company was sitting
on the stage watching this whole thing happen.
And this didn't say nothing.
I was upset.
I mean, what am I gonna do?
I could have gone, fought it.
And I just, you know, I was just upset about it
and frustrated and the day is just another car,
but basically I was, we were just talking
about social media and I'm just gonna post this
and see what people think about it, you know?
Because I could have gone up there
and fought it with everybody,
but where is that gonna get me?
I know it wasn't gonna get me anywhere
because they're pretty stubborn.
And we're known that they're stubborn now
because look at all this stuff's happening
and all they do is send me a generic letter
from their experience team,
not even from one person in the auction,
but signed the auction from the experience team
saying that this is the way it is.
Look at section 17, you know, like,
so after the auction, I just went in the office
and paid for my other car and left
and I'm still irritated about it.
That's why I pulled up the video
and they feel like I'll film me watching the video.
Like, did I miss something and I didn't
and I just shocked it up to another day,
but I figured I'm just gonna share this with people
and see what they think, you know?
So, and then it snowballed and grew up into what it was.
So, what it is now.
It's definitely not something to get into a gallery of it,
but I know shield bidding exists
and it's really scary.
I've been involved, I've been in your shoes,
I've been in auto restoration industry
for more than 30 years
and primarily I was doing cleanup
on cars that were headed to auction
and I've been in an auction, sold cars in an auction.
I understand the whole process
as much as you do
and it's scary for me to sit there and watch that
because I've been there as a seller,
I've been there as a buyer
and it's scary on both sides
to not know fully what's going on
and your money to get there, your money, everything
is completely out of your control for the next 10 minutes
and that's entirely scary to me.
Yeah, and like Bobby said too,
is if you're gonna sit there
and you're gonna fight with them,
what are you fighting for?
You're fighting with them to give them your money?
How bad do you really want?
I mean, yes, you're in the business.
They don't know your business specifically,
they don't know that you didn't have a buyer
lined up for that specific car,
that it could have been a quick in and out for you,
this is your livelihood.
They don't care because guess what?
They're gonna get their seller fee,
they're gonna get their buyer fee,
they're gonna get their whatever's on the other end
and they're making money,
they don't give a shit who they sold it to.
They're just gonna move on to the next guy, right?
So at some point you've gotta say,
okay, in my business we've been to the point
where we've not gone to an auction for a while,
we've been the pigheaded guys that say,
you know what, you're gonna treat me like that as a buyer?
I'm not gonna buy from you.
There's lots of other auctions around granite
in a small area where we live,
there are only few that we get to go to,
but nevertheless, you gotta suck up pride at some point.
Is this going to affect you going back to Meekum
and buying other cars in the future?
You know, I guess we'll wait and see that one, you know?
Cause I'm looking at, I don't look at the company,
then there's a car I'm like, I don't care who has it,
you know, if they're gonna be petty
and try to ban me or something like that,
I will see about that,
but I don't think I deserve that either.
I just tell my story, I had no intention of what happened.
I just put out my experience
and the people took it to where they took it, you know?
So it wasn't never my intention to,
for, you know, I'm just gonna go get on Meekum,
I just wanna see what people think.
So I don't know, I don't have an answer for that one yet.
So, you know, there's a car I like, you know, again,
I don't care who's selling it,
I still, if I can buy it, I like to buy it.
So we'll see what happens in the future on that, you know?
I know there's risk with every auction.
Every auction has its thing you gotta be careful with.
And I go in there knowing that
and it's part of the game, I guess,
but it should be, you know,
the one thing about like these online auctions,
like I do a lot on bring a trailer selling,
it's very transparent.
I mean, it's like, you don't need to miss it
because your internet's down
or you did wait till the last second,
but the people that are bidding are the people bidding,
there's no people bidding me up there,
there's you have your minutes,
it's clock ticking down,
no one's gonna short the clock, you know?
So I just had a car end a little while ago,
a few hours ago,
and it did way more than I thought it was gonna do.
And the car yesterday, same thing.
And so I don't know if that's the future
of where this all going.
I know people still love the live events,
but the, yeah, you can see right there.
The internet is pretty cool too,
because it's like, you really get to know
what you're buying, you know, and selling
where that Lincoln, for instance,
I know nothing about that car.
I can tell you one thing,
the car that tick in the motor
when it was going up on the stage,
I just kind of know those things
of bad lifters or the sticky lifters
or rods on them that cause that.
I know the fix to fix them.
It's a few, you know, a couple grand,
but I know that, but the average person doesn't,
you know, or this, it's explained,
you know the history
and that's where I think the internet auctions lose,
the internet auctions win
because the live auctions,
the history of the car gets lost.
Like I buy cars at auctions,
I don't know the history,
where the car come from,
what's the story on it?
What's the, you know, sometimes the stories
will give me to buy a car more than the car
and that works in cases also for other people.
So that's why I like the internet, per se,
is you can really get that story out there
and really tell what works,
what doesn't work, how's it drive,
so on, so.
Yeah, on bring a trailer,
is there closing a soft close?
Yeah, two minutes, soft close.
Okay.
So I mean, it can drag out,
but a car took an hour to end once.
Wow.
And if anybody doesn't know,
if anybody doesn't know what a soft close is,
eBay is going to be starting,
I hope not, but starting to do soft close,
which is on an auction
at the end of the specified time,
if a bidder bids at that time,
they let it run down
and if somebody else bids,
it pushes the clock back two minutes.
It's different with different online auctions and things,
but the soft close is all set up
in their bidding information
and tells you how long it's going to be.
So one thing I did want to mention too is,
again, just in John and myself
in our initial discovery of what was going on here
and with Meekam,
I took it upon myself to email Meekam
to see what kind of a response we could get.
I want to read that email to you guys
so that everybody knows what was said.
I basically wrote, dear sir or madam,
I have a question regarding when a vehicle
specifically ends on the auction block.
Is it when the hammer comes down
or when the auctioneer says sold?
I witnessed a recent car get quote unquote sold
when the auctioneer both hammered the gavel
and said sold, then continued to take more bids
than selling it to a different bidder for more money.
This has me confused, looking forward to your reply.
And as of the recording of this podcast,
I have not received a response back
nor do I likely anticipate getting a response
other than a generic reply email from that,
but we will keep you guys posted.
And just to see, I mean,
we kind of know what the answer likely is going to be
is it's gonna be whatever they wanna do.
But at the end of the day,
it's easy to get heated in the moment
because if you're in the car business like myself,
like Bobby, like John has been in the years past,
it's easy to get caught up.
It's easy to be in the hype
and the excitement of a fast paced auction
that's going on.
And when things don't quite go your way,
a couple of things are going on in your head.
One is what the hell just happened.
Two, if Bobby was willing to spend more money on that car,
he probably would have had the bidding continued
on a regular back and forth,
but it skipped a heartbeat there for a moment or two.
And when he thought he won, your mind changes.
You're in a different mindset.
I won that car, I'm done.
And then all of a sudden there's two or three more bids
and you're like, what the heck is going on?
So it's different.
It's so fast paced, things happen so quickly.
Even though Bobby, you said that it was drawn out
trying to get those bid,
but once that actually got there,
it happened very quickly.
And you don't have time to react.
And when you do and when you feel wronged,
it's easy to react the way that you did
and be upset as again, like I said, I would be too.
And I've been there.
Certainly not at the caliber of a classic car.
We're talking late model stuff on my end,
but nevertheless, a lesson learned.
You've got to, there's something you got to take away.
I don't know what that takeaway is yet, Bobby.
You probably don't even, at this point either,
but what advice would you have to give to somebody
whether they are a seasoned car collector buyer seller
or somebody that's just jumping into this?
What do you think would be the advice
that you can give to them
to help prepare them for some of these,
well, shitty situations that may just happen to pop up?
Oh man, that's a good question.
I guess I'll start with, I'm just,
one thing I do, like someone did ask me recently,
I'm just gonna skip that.
I'm gonna come back to that question.
Somebody asked me, what are you looking to get out of this?
I'm like, I'm just looking to get the games to stop,
you know, like be more,
like just stop playing games with people, I guess.
And that with some of these auction companies
and be more, you know, integrity,
you know, have more integrity in what you do
because I see so many games getting played.
But just be aware, you know,
going back to your question is,
just be aware of what's going on around you,
you know, stand up for yourself.
And if something like this happens,
and I think it happens a lot,
I think I just got lucky enough to get it on film,
personally, like as I've heard some stories,
I've heard a lot of people come up with me,
a lot of stories about different stuff that goes on.
I mean, you know, with them or experiences,
but yeah, I guess I don't have a particular,
but just be aware, you know, just don't,
some people, I've heard people, it'll sit in the back,
but I like sit in front, I like watching the audience
because that's gonna tell you the story.
Don't watch the auctioneer, watch the audience
and don't bid too fast.
Like just, I like to slow momentum down when I'm bidding.
So, because when they get the momentum fast
and everything, that's when stuff gets,
that's when you get to take advantage of his buyer.
Yeah, so your takeaway is stop, look, listen.
It's like, wait for a train.
Yeah, and then slow momentum down.
They'll try to like get, you know, $5,000 hammers.
I mean, that's what their goal is to get you up fast.
But I like to take it down,
like if there are five come down to,
try to ask $55,000, I say, well, 51,
and I'll slow it down.
And sometimes they don't even wanna take my bid,
but if I'm the only real bidder, they will take it.
So, and that's one thing of being in a,
with a live auction, being there is a big difference
than being a live auction sitting at your computer at home
because you can't slow the auction down.
You're kind of stuck what they're asking for
on the computer.
So.
I was talking to someone else and I said,
do you think that your situation will implement
not having personal recording devices at any auction?
I've actually heard that same thing also.
I don't know.
Like, I think that would, you know,
if they do that, well then they're definitely hiding
what they're doing, you know?
I think that's crazy.
Cause people wanna record their experience.
I mean, some people, it's like,
this is they're buying their dream car.
They wanna get pictures of it and video of it.
And this whole experience,
you can't tell them they can't do that.
Then what's the point of having an auction?
In a lot of cases,
people aren't recording to catch anything.
Yeah, I don't think they can catch anything
by experience that I was trying to catch.
Exactly.
And that's what it's all about.
As a car dealer, same as you, Bobby,
we know crazy things go on at auctions.
They're trying to get bids that may not be there.
They try and make you bid against yourself.
I do a lot of internet bidding.
So when it starts going fast paced
and you can see that it's a floor bidder
or that it's an online bidder.
When it's you in the floor,
yeah, I can slow that down a bit
because I don't know if I'm bidding against myself
and there's just someone there clicking the auctioneer's tap
and the girl on the shoulder at the computer
to take that next bid and you're bidding yourself.
Whereas if it's you and another online bidder,
you can see those numbers flip flopping back and forth.
And it's the same thing at a live auction.
You can see you and you can see Buddy over there
waving his hand or nod in his head or whatever.
Like you said, getting control of that situation.
If there's any takeaway here today with this conversation
is simply be aware.
You are in charge of your bidding.
The auction is in charge of selling.
They don't always coincide at the same time, unfortunately.
So Bobby, it was really good to A,
hear your side of the story and get that experience
but also to teach our listeners that
when you see something online,
that may be just a quick little 30 or 45 second video,
there's more to that story.
And that's what we wanted to approach here today
on this podcast was to give you an opportunity
to tell your whole side of the story,
not just get that little snippet
and in hopes that maybe we'll get a resolution to this
and why they did what they did.
Do they have a good reason?
Probably not other than auction companies
being auction companies.
But at the end of the day,
we would love to be able to have them
tell their side of the story.
We invite them to do so.
Chances are it probably not gonna happen.
But anyways, Bobby, thank you so much
for taking some time to talk with us today.
Is there anything else that you wanna add to this
before we get out of here?
No, just to follow my channels and stuff
and check out what I'm doing.
I'm always buying cars
if you don't want to send it to an auction,
send it over and I got some cool stuff I'm working on.
So yeah, just follow me, that's all I'm asking.
So that'd be awesome.
There you go, folks.
If you wanna go over and follow Bobby Adams World,
he's got lots of social media links listed there.
Looks like he's on Reddit, he's on YouTube,
all the social media's under the same name.
And you go over there, follow him,
see what it is that he does.
Very interesting guy, very interesting story.
And he's got lots of great stuff over there.
If you guys would check out, so be sure to do so.
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About this episode
Bobby Adams, a seasoned classic car dealer, shares his recent controversial experience at a Mecum auction where he felt wronged after the auctioneer sold a car he was bidding on despite the hammer dropping. The discussion dives into the intricacies of auction bidding practices, the emotional rollercoaster of live auctions, and the importance of understanding auction rules. Bobby recounts memorable cars he's dealt with and offers insights on navigating the auction world, emphasizing awareness and strategy in bidding. The episode highlights the challenges and unpredictability of classic car auctions.
We get the firsthand inside scoop from Bobby Adams about his experience with Mecum Auctions. Bobby tells us he was bidding on a 1956 Continental Mark II at a recent Mecum auction in Scottsdale Arizona. He bid $31,000 on the car and he thought he won it. NOPE! He quickly learns that the auctioneer says sold, bangs his hammer, and still keeps taking bids and the car ultimately sells for $33,000 to another bidder. Mecum's current stance is that the auctioneer didn't say sold before another higher bid came in. They have responded with an email telling him that he is wrong. An original video from @bobbyadamsworld on social media even shows the car as sold for $31,000 on Mecum's official tote board. Listen to Bobby's account of the incident and let us know what you think. Did he get shafted?
Music Credit: Licensor's Author Username: LoopsLab Licensee: Get Out N Drive Podcast Item Title: The Rockabilly Item URL: https://audiojungle.ne... Item ID: 25802696 Purchase Date: 2022-09-07 22:37:20 UTC