- 6,061
- 4,408
- 113
It just takes two people to run bids up.I was watching that 46k truck and was quickly outbid. I was expecting it to sell more like these two from the week prior, with some extra budgeted for the doors.
why the big discrepancy? What am I missing??
A common mindset among the naive is "the other guy knows what he's doing. I really want this truck, so I'll bid until i get it. I know it won't go more than a bid or two too high, because the other guy won't go beyond reasonable value. So even though i have no idea of value, I know I'm not going more than a bid or two to the high side. And i really want this truck"
When you get two of these guys on the same truck, you get crazy high outliers.
As an aside, the "are all the good trucks gone" post is a recurring theme. It's been around longer than I've been involved in the hobby.