[goatless]

As others have said, it really depends on the auction. I won a no reserve auction last month at a price that was well below where it should have been. I was high bidder on a couple of others that didn't meet reserve, but couldn't make a deal with the seller.

Their listings are very Porsche heavy, but that's because they're the hot commodity at the moment. Trucks are also very hot on there right now- and not just the one's you'd expect. I saw a basic 1990 2wd, automatic, regular cab Toyota bring $30k!
I like some of the oddball cars that you see on there from time to time. I was bidding on a super charged, 4 speed, Studabaker GT a while back. It ended up going just a little over the max bid I had set for myself.

As for the commenters- some seem like they must spend their entire day just commenting on there. Lots of junk comments. Some are funny. Some are interesting. The ones I don't like are the twats that demand more info or pick a car apart with absolutely no intention of bidding.

Below is my "bargain" Lotus Excel that I bought through BAT.