Quote:
Originally Posted by Moveover  This Superformance MarkII GT40 actually sold at the Russo And Steele auction for $100,000, not $110,000.
I find it rather curious that R & S would inflate the actual sales price on their website. |
The gavel price was $100,000. The buyer's premium was $10,000 so the final sales price was $110,000.
The seller also pays 10% of the gavel price, or $10,000.
So, the seller only got $90K for the car, but the buyer paid $110K