This is moto-insanity!
Bring A Trailer has concentrated on special interest vehicles since it began a couple of years ago. They seem to filter out the scammers and cheaters and try to ensure that the cars, trucks, and motorcycles on their site are honestly represented.
Unlike eBay their format is like a traditional auction. What you bid is what you agree to pay. No max bid hocus-pocus. Also, like a real auction, the bidding continues as long as there are bids. No sniping! At the very end, every time there is another bid the countdown clock is reset to 2 minutes. I've seen auctions that went more than 30 minutes past their deadline because two or more bidders were still duking it out.
All this gives the site a tremendous amount of credibility and the prices that are bid reflect that trust. However, some times there is no understanding what goes on in people's minds.
Case at point, “No Reserve: Restored 1965 Honda CA77 Dream Touring” This is a semi-popular Honda that is over restored to the max. I'll bet that it will never see the road again and is merely a piece of jewelry to enhance somebody's ego.
The final price: $24,652 !! This one you can't blame on the millennials because they weren't even born when this was made.
Compare it to this 1966 Dream on BAT. Same bike except for being a year newer and restored to a state as originally delivered from the factory. No polished points covers, no gleaming brake hubs, no wet look tires. Just dead stock factory original. Not as pretty to sit in your lawyer's office to impress the yocals who don't know any better.
One side of me says, “A happy buyer and a happy seller make a great transaction.” The other side of me says, “This is moto-insanity!”
YMMV
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