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#1
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Looking for feedback on Popular Muscle Car Auctions versus Online Auctions
Fellow Enthusiasts,
Unfortunately, the time has come for me to sell my beloved 72 T/A and would like feedback from those having recent experience in selling or buying a muscle car such as ours. I have previously only purchased from private parties and never sold a muscle car since becoming a true adult (many regrets of the ones I sold when I was young). But others are suggesting that it's easier to just have an auction house sell it for me. What are your experiences and opinions of popular Muscle Car Auctions and popular Online Auctions? PM me if necessary |
#2
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Auction house will keep 5-10% of the selling price..
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Current Pontiacs - 1973 Formula SD455 - #'s auto orig paint 1972 Trans Am - 4 speed orig paint 1974 Formula 400 - Ram Air automatic 1966 2+2 convertible - 421 4bbl automatic 1967 Grand Prix - 4 speed orig paint 1967 GTO - 4 speed orig paint 35k orig miles |
#3
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What have you got? Maybe post some pix and place an ad on this site...
No doubt selling a car is a hassle. |
#4
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Quote:
http://forums.maxperformanceinc.com/...d.php?t=835276
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1971 Pontiac Trans Am Cameo White 1968 Firebird 400 coupe, Verdoro Green w/black vinyl top 1968 Firebird 400 convertible, Verdoro Green w/black top 1970 Buick Skylark Custom convertible(driver) Fire Red 1972 Buick GS 455 Stage 1 Royal Blue |
#5
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As you know Blaze living in Phoenix all the big auctions are coming up. Not just BJ and Russo Steele, but a lot of the smaller ones like the Silver Auctions.
I'm not saying you should run the car across the auction block, but what these auctions bring to Arizona are a ton of buyers this time of year. Me personally I would be taking the car to the Pavilions cruise on these auction weekends as the cruise will be flooded with buyers and sellers before and after the auction and I've watched cars trade hands like crazy there every year. Not only that but it's free and costs you nothing but your time. You also have the option of advertising it at Goodguys at Westworld happening this weekend. Get the car out, get it seen. I'm willing to bet it would be a pretty easy sell at that price, especially at the Pavilions come January. If you're at Goodguys I'll be there, and would be interested in taking a look at it myself. Hope that helps and goodluck |
#6
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My 2 cents:
Online Auction pluses: - Cost usually under $200 - Buyer comes to you or arranges shipping. - Buyer can communicate with owner/seller before sale Online Auction minuses: - Calls/Emails from game players, tire kickers and/or scammers - Non Payment after auction is somewhat common, leads to re-listings - May not bring buyers for higher end cars - Typically for cars under $30K On site Auctions pluses: - Ease of sale (buyers are vetted) - Exposure to many veteran buyers and collectors - Auction house takes care of sale and all paperwork On site minuses: - Sales commission cost up to 10% of sale - Base entry fee of around $500 - Cost & time of bringing vehicle to auction site
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Norm J |
#7
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Quote:
Unless you can afford (and they will accept you) prime time spaces at a major auction, 95% of the buyers are dealers and flippers. Therefore you can expect wholesale value. Also, in your case, you would need to fix the seat, change the wheels and completely detail the car. (Time and money out of your pocket). If you must have retail value you've got to find the right retail customer. A large cruise in or swap meet is probably your best bet. Ebay has become a site of bottom feeders and bargain hunters. You could possibly land a retail customer, but they probably won't be the highest bidder. Bring a Trailer seems to be the best online auction going.
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LEAD, FOLLOW, OR GET THE HE!! OUT OF THE WAY!!! HONEST JERRY'S SPEED AND EQUIPMENT
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#8
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Thanks for the feedback Formulajones. I live in the NW Phoenix but haven't taken it to the Pavilions in years. I will plan to take it there this weekend to start showing it so more around town. I'll try to get the rally's on after this weekend, since most seem to be sold that way. I really just want it to go to a good home.
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#9
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Thanks for the 2 cents Tripower. I want to have a square deal with someone who is not just trying to flip the car. I like the onsite auction idea more since there will be quite a few here in Phoenix soon, but I didn't know about that entry fee, so thanks for that critical info.
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#10
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Thanks JerryH. I have also heard of Bring a Trailer and one of local sport car guys also pointed me to that site. Thanks for the advice I will check out BAT and I will try to get out to some of the local cruise-ins.
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#11
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Quote:
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LEAD, FOLLOW, OR GET THE HE!! OUT OF THE WAY!!! HONEST JERRY'S SPEED AND EQUIPMENT
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#12
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I would correct a few things, and attempt to get a decent spot at a good auction. I have been jerked off so much on eBay, I am starting to enjoy it. No fun selling for sure.
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WWW.GLASGOPERFORMANCE.COM. Updated... Sort of! |
#13
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Quote:
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#14
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Thanks Formulajones, I will try to be at the Pavilions early Saturday at about 4 PM. Funny that you mention that you are in Prescott, the reason that I am selling is to help the spouse and I get a small home there to retire.
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