I just know that with auction sites like eBay there is a lot of variability in what a no-reserve auction brings. Sometimes you get a bidding war and it sells for above market value. Other times it sells for less than you could have gotten if you were patient and held out for the right buyer.
That variability would scare me on a high value item like a car.
On the positive side, BaT has a sufficiently large reach that I assume you wouldn't get screwed too badly, even in the worst case.
Do they let you set the reserve to anything you want? If so maybe a high reserve gets you the best of both worlds.
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