Has the DOH Charger price spike already ended?

[41husk]

I am actually considering buying a GL project, the price does not seem out of line.

[694spdRT]

The person asking $32,500 for the '68 383 2bbl in the Monster Mopar car corral was still hoping.   

[Charger Aficionado]

But then there are examples like this one with 0 bids after being listed for 3 days: http://cgi.ebay.com/ebaymotors/Dodge-Charger-1968-69-Dodge-Charger-General-Lee_W0QQitemZ4575237505QQcategoryZ6199QQrdZ1QQcmdZViewItem

Bull, I TOTALLY believe that you THWART your own auction by starting it out high.  What happens (in Marketing Terms), is called the "bandwagon effect".  When someone sees 33 bids he thinks someone out there "Knows better than him".  It just builds credibility in the auction to have tons of bids...  Plus him having pix of the car with no quarters doesn't help.  OUCH. 

Now folks this is a nice car, but when have you EVER seen a 318 car go over 6-8k???: 
http://cgi.ebay.com/1969-Dodge-Charger-same-as-General-Lee-Dukes-of-Hazard_W0QQitemZ4574355806QQcategoryZ6199QQrdZ1QQcmdZViewItem

[bull]

But then there are examples like this one with 0 bids after being listed for 3 days: http://cgi.ebay.com/ebaymotors/Dodge-Charger-1968-69-Dodge-Charger-General-Lee_W0QQitemZ4575237505QQcategoryZ6199QQrdZ1QQcmdZViewItem

Bull, I TOTALLY believe that you THWART your own auction by starting it out high.   What happens (in Marketing Terms), is called the "bandwagon effect".   When someone sees 33 bids he thinks someone out there "Knows better than him".   It just builds credibility in the auction to have tons of bids...   Plus him having pix of the car with no quarters doesn't help.   OUCH.  

Sure. There's no question that this guy screwed himself with his approach. But in that sense it does prove that it's not all about the cars -- even the GL.

[Ghoste]

Can the number of bids be taken as relevant information on any auction on e-bay?   Everybody seems to think you should only bid in the last minute of the auction anymore.