That's for sure. What I can't figure out is how that's necessarily in the best interest of the auction house. Seems to me by rushing things they're just artificially truncated the sales price and therefore their commission in exactly equal proportions. The apparently feel they have to get it all done in the three days, and i guess the thinking is they make more money/hr. when the price is rising fast (the first couple minutes) and that once that rate of change tapers off, they should just move on to the next car.
I also don't understand the sequencing of lots. Why not group all the (say) Chevelles together so you get all the Chevelle buyers together and get some real competition going among them? If you did that with more time allowed (go ahead and run the auction 24 hr/day if you have to) I think you would then maximize the price of each lot and still sell all the cars. Am I dreaming again?
Group them together? Far too much common sense there, even muscle cars or exotics. The quantity of sales is far more important to them than the actual value of the car. I wonder how many cars are in that auction?