Black Mustang K GT sold $

What is the buyer fee this year, 10%?

$62k was the hammer price.

Yes, the Buyer's Fee is 10% this year and the Seller's Fee is still 8%.

That buyer fee in crazy. The seller fee is 8% He could have sold that car prior to auction for 62k minus 8% for sure. Pretty car with very nice color combo. Seemed pretty correct too. Not going to win a gold concourse but a very nice car. But that is with just with seeing pictures. Cars always turn out to be different when you see them in person. But bringing 62k at Barrett, I would say it's worth it taking all fees out of it. Don't forget you have to pay Arizona Tax too. That's bull because here in kentucky all classic cars with antique plates are valued at $100. Pay tax on that and it's $6. Compared to 6% on $62,000 and then 10% buyer fee. That's way too much.

Edited by - brinks3447 on 01/16/2008 15:51:56

Buyer and seller fees are part of the big auction game. It's the cost of doing business in that market venue - they're all adults and know what they're getting into.