This is true. I bought a fully restored classic, no expenses spared. Seller was a well know mark specialist. Offcourse a description promoting a once in a lifetime opportunity.I've bought a few cars off BaT.
I learned my lesson the hard way.
In general I'd say it's a dumping ground for shit.
I've had better luck with later model cars. But for the most part undisclosed issues and inflated prices are the norm over there.
I won, bid premium. To find that a lot of relevant info was left out. Engine was fully overhauled according to BAT…turned out to be a basketcase…modified incorrect cilinder head with aluminium parts grinded off to make it look old and period correct, which it offcourse not was and photos showing the modifications were left out of the auction… reconditioned carbs with worn shafts and bearings…engine leaking oil and fluid big time. Fast modern cams turned out to be old different manufacturer cams. About the rest…the car was put together by 2 clowns who made a mess of it.
So to cut the story short…bought at premium for 60k, paid >5k in commission for the great write up and photos…had to take the car and engine apart to correct the mistakes made with a 20k bill as a result.
The thrill of bidding and winning though is priceless….then you learn your lesson that the bank always wins!