Are you sure he cancelled those bids, or were they retracted by the bidders because they thought they were actually bidding on the car? People do get confused about these spots (now that I look back I have seen them before, and they all seemed to have bid retractions after questions were asked and answered). But $8400 is a lot of money to throw away. Since the time lead is so great I still think the first thing a judge is going to ask is if he tried again to sell the spot, then why he (if he did it) rejected the other bids. I can see how potential buyers would get caught on a deal like this easily. In fact, I'll bet I could list this type of auction every month and repeatedly get "winners" who misunderstood and would be obliged to pay the cost or the fees. I could make a good living on those misunderstandings. If it is as prevalent as I think it is, a judge could consider it a unforceable contract becuse there was no "meeting of the minds".