Auction Comment Section Reaches Consensus That Car Is "Undervalued" Despite Selling For $52,000
Commenters who did not bid unanimously agreed the final price was "a steal." The winning bidder, who did bid, has not responded to requests for comment.
A 2001 BMW E46 M3 sold on Bring The Bids last Friday for $52,000, a figure that the auction's 847 commenters have unanimously described as "a steal," "criminally undervalued," and "proof that the market doesn't understand what it has."
Of the 847 commenters, zero placed a bid.
"This should have gone for $75,000 minimum," wrote one commenter who registered for the platform in 2023 and has never bid on anything. "The buyer got away with robbery."
The winning bidder, who paid $52,000 for the vehicle, has not responded to requests for comment. He has also not commented in the thread.
Bring The Bids data shows that this pattern — unanimous post-sale consensus that the final price was too low, from commenters who did not bid — occurs in approximately 94% of auctions on the platform.
"If everyone who said a car was undervalued had actually bid on it, the car would have sold for $75,000," noted a Bring The Bids analyst. "They did not bid. It sold for $52,000. The market has spoken. The commenters disagree with the market."