12-10-2019 02:45 via automobilemag.com

They Sold for What? This Nissan 300ZX + More Undervalued Classics

If you’re running a collector-car auction company, the best possible scenario you can have is for every car to be offered at no reserve. The reason is simple: Without a reserve price, every vehicle in the auction will be sold to the highest bidder, no matter what that bid is. Auction houses make most of their money on commission—the premium paid from both the seller and the buyer on the sales price. In Las Vegas, Barrett-Jackson was able to consign all 677 vehicles it had in inventor
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