Car auction companies manipulate economics to increase value

Newsday, Aug 23 2013 - It all started yesterday when I received a package in the mail from Auctions America, which is a division of RM Auctions, one of the largest classic car auction companies in the world. It was a catalog for the upcoming auction in Auburn, Indiana which is to take place later this month. They call it a catalog. I call it a “coffee table book.” It’s that nice. It made me wonder about the investment that these auction companies are willing to make in order to promote the cars at their auctions, and how they ensure that this investment has the best possibility of paying off. www.newsday.com/classifieds/cars/car-auction-companies-manipulate-economics-to-increase-value-1.5945252

1948 Studebaker Commander Regal Deluxe - Auctions America California 2013