My wife had a good point- she said "The owners who have good insurance are probably happy- they brought the cars there to sell anyway". True, but the rest of us are heartbroken!
That hurts Some of those cars looked like someone sanded the paint job. Those must of been close to the flapping tents. That 1970 Judge sure got hit and that front window on the Hemi Cuda conv....ouch
Rode back on the plane from Phoenix with a couple brothers from northern Alberta that went there Sunday for the sale and they said they were quite a few cars that had no insurance on them at all. Have to wonder if there won't be a suit against the provider of the tent as it seemed the other tents in the area survived.
I think there could have well been quite a few guys desperate to sell and that could have been one of the first things neglected. There are quite a few of those guys who make some pretty good coin but they can loose it just as quick if not quicker. Cars were probably quite secure in their place of storage and then transferred over to the sale and nothing should really happen. They told me of a couple guys they talked to who they figured had pretty reasonable reserves but when the cars didn't come close to reaching it they folded and dropped their reserve and sold for alot less. You never know these guy's situation. They said one of the ploys over there was for them to beg with the guy to drop his reserve and if he caved they never spent 2 seconds trying to get more for his car but just dropped the gavel. All kinds of styles.
can't comment on the states but Canadian auctions would require insurance to register the car-there would still be the possiblity of law suits I guess
I agree with Todd's wife though-the cars were there to get money for and money is what they'll get.
I recall my brother's truck getting stolen with a for sale sign in the window 15 years ago-the insurance paid him more than anybody was offering at that point yet he still whines about it today.
