Filed under: Car Buying, Coupe, Performance, Auctions, Dodge
Earlier this week, we shared with you the budding saga of "Hitman" and the fact that he had won a 2009 Dodge Challenger SRT8 from Glenn E Thomas Dodge Chrysler Jeep for the amazing low price of $29,100 - about $13,000 less than the car is worth and also $13,000 less than Glenn Thomas wanted to sell it for. However, because eBay auctions are "legally binding" contracts and the dealer failed to put in a reserve, tough turkey, you gotta sell the car at a loss, right? Not quite.
We just got off the phone with John Davis, the general manager of Glenn E Thomas. Here's his side of the story: About two weeks ago, Glenn put the SRT8 up on eBay with a Buy It Now price of $43,425 and a Reserve price of $42,995. Six days into the seven day auction, Davis says that the dealership changed the Buy It Now price to match the lower Reserve price. At that time, the highest bid was about $21,000 (around half of the Reserve) and Glenn was hoping that a lowered Buy it Now price would drum up some bids. It did, in fact - but not for the reasons Glenn wanted.
Here's where the story gets fuzzy... Follow the jump to hear the rest of the dealership's side of the story.
Continue reading Followup: Not so fast, says dealer of Dodge Challenger eBay debacle
Followup: Not so fast, says dealer of Dodge Challenger eBay debacle originally appeared on Autoblog on Thu, 18 Mar 2010 18:56:00 EST. Please see our terms for use of feeds.
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