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1932 Nash Estate Auction Monday Dec. 27, Glendale, AZ.


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The 20% buyer's premium is a ploy now seen

in auctions of some collectibles.  It gradually 

increased from nothing, to 10%, to 15%, and

it is now at 20%.  That typically means that the

seller pays nothing himself--or so it seems--

but in reality he is paying all the fees.

 

Just bid less than you would otherwise.  To use

round numbers, suppose the Nash above you

think is worth $20,000.  Bid up to $16,000, because

you know a 20% premium will be charged on top of that.

 

So the seller (estate) is really getting only $16,000 

anyway, if there is no other fee deducted.  With

intelligent bidding, they are bearing the brunt of the

big fee. 

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Some more details for the Nash from the website...  

Listing of Cars:

  • Estate 1954 Chevrolet C1 Corvette Title #3509095 Serial# E54S003067 Vehicle starts, runs and drives! Tons of original paperwork/services docs to go with this car.
  • 2000 Chevrolet "C5" Corvette VIN# 1G1YY22G6Y5123245
  • 1932 Nash Model 960 Classic Car Vin# R265747

History on the Nash: Owned previously by Mr. Goettl the original owner of Goettl Air Conditioning! Has been owned my Arizona Native and well known Auctioneer Wayne Patrick since 2002. Wayne bought this car for his personal enjoyment and has kept it up since! Details from the owner: 

This car runs and drives, has the original mohair seats and is approximately 95%+ all original. 

Engine- 3.3L 3299CC 201 Cubic Inch L-Head naturally aspirated

Serial #r265747

Seaman Body #960-3063

Engine Block #19916

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