Can you think of a site or company which simply sells "spare parts". There is a billion objects that are "spare parts".
What actual industry does this name relate to? computer parts, washing machine parts, car parts, rocket ship parts? I don't know.
The second issue is even if did relate to something specific like cars or washing machines there is still nobody who sell parts for all appliances or all brands online. It is split up usually by make, even then I'm not sure there is many people online even offering a good range of say "Toyota car parts" & that is 100 times more targeted than "spare parts".
Here is what Google spits out for the term,
[spare parts] 1600
[westinghouse spare parts] 1300
[fisher and paykel spare parts] 880
[caravan spare parts] 590
[electrolux spare parts] 480
[bmw spare parts] 480
[nissan spare parts] 480
[honda spare parts] 390
[mitsubishi spare parts] 390
[ryobi spare parts] 390
[karcher spare parts] 390
[mazda spare parts] 390
[car spare parts] 390
[kleenmaid spare parts] 390
[subaru spare parts] 390
[makita spare parts] 390
[sunbeam spare parts] 260
[ilve spare parts] 260
[blanco spare parts] 260
That all sums to guess what...a whole lot of nothing....which is why there is only two advertisers on the term, one is just pumping traffic onto another search page (ask.com) & the other is of very low relevance. So what is there to latch onto with this domain to build a successful site?
SO what we let them just muscle us out? put in your highest proxy and be prepared to pay it, this way 2 things happen... you get the domain and you are happy and make money or "they" have to pay a fair price for the domain, don't take the P!ss as you may have to PAY but if you want it then go for it.
i'm guessing their proxy was $10k + on spareparts, they just got lucky no one else had the coffer they have.
i think its a great domain name and i can see they making a sh!t load of money off it.
tim
I think it will sit dormant for the next couple of decades. Regarding them muscling people out, that is probably a good thing, they've probably done the other bidders a favour in my view. If they'll just buy anything slightly related to cars and outbidding others then let them. A price war on a name like that is a fools game.