Then if the seller wants to sell the car to a high bidder, even though he didn't make the reserve, he is free to do so commission-free and without any of the rules that apply to normal ebay sales (since technically it DIDN'T sell on ebay).

Slick!

Bob

I have seen that car a few months back and all I can say is that be aware and ask questions. The car needs a lot of work and there is lots of rust on it. I had a chance to buy it for less than $2k and passed on it, and I can't believe that it is up to $5k now. Actually I don't mind it selling for as high as possible, but like to warn my friends.

Also notice that the reserve has not been met, even at 5K! So even though someone bid 5K, they might not even get the car.