Re: Looks like this SRT-10 will sell in the $40\'s
What you are seeing in many of cases you mentioned is shill bidding by the owner to make it look like there is hot action on the item.
That car is a smokin deal! It's gonna sell too, 12 bidders, and it's at $49,900 now with the buy it now only 2k higher at 51,900. Even after hitting the buy it now button AND $1000-1500 or so in paint touch up of the fascia and side sills it's perfect for a grand total of about $53,000 Which is the lowest price I have heard of for a relatively low mile, undamaged car with extended waranty. Which is at least a $2000 added value, maybe more. So knock off another 2k for the warranty you DON'T have to buy and AFTER painting it to make it perfect you're in the car that now looks perfect with the full warranty for $51,000.
It would make sense that way but what I have seen on eBay over time is that people will bid close to the reserve (if disclosed) or buy it now price but once it gets close to the asking price, the bidding seems to stop or slow down significantly. I have been selling items on eBay for years and this always happenes with high priced items, whether it be a car or high end model car. Just my two cents. Only time will tell.
What you are seeing in many of cases you mentioned is shill bidding by the owner to make it look like there is hot action on the item.