Thanks to several avid readers and the enthusiasts over at Challengertalk.com, we were alerted to a very bizarre bit of news every Mopar fanatic will likely find interesting. Glenn E. Thomas Dodge/Chrysler/Jeep in Long Beach, California decided to open an eBay store to sell some of their cars and trucks. In early March, they listed a brand-new B5 Blue SRT8 Challenger on eBay Motors and ran the auction with no reserve. The auction closed on March 12, 2010 with fifteen bidders and a winning bid of only $29,100! Obviously, that’s far below sticker price for any new SRT8 Challenger, let alone a very well equipped B5 Blue limited edition car. You might think somebody got the deal of a lifetime, but as of this writing, the dealership is refusing to sell the car for that price, despite having listed it for sale at no reserve.
The Challengertalk.com website has an on-going thread about this issue on their forum, which is receiving a lot of attention from enthusiasts world-wide. While this is a nightmare for the dealership, this event points up several interesting things. First, a new B5 SRT8 Challenger didn’t even fetch $30K in an open auction, so that tells us to watch for rapidly falling prices on these cars. Secondly, it tells us that Dodge dealerships need to be very familiar with how online auctions work before they start selling on them! “No reserve” means “no reserve” - you roll the dice and take your chances. Hopefully this matter will be settled amicably for both the dealership and the high bidder after it all shakes out.
Click Here for the whole thread.
