BaT auctions

[A12pilot]

Have any of you's guys listed a car for sale on Bring a Trailer and if so, was it successful? Any pitfalls with it? How easy was the process to sell?

Just curious since I've never used it before and thinking I might try it.

Cheers
Dave

[Postsedan]

I know 1/2 dozen car guys that use it.....there only complaint is they wish there was more domestic car sales....more Muscle Cars.

I would think it would be perfect platform for your Porsche sale.
Best of luck.

Dan

[Crush]

I have, and it went very smooth. Success will come with lots of pictures and total transparency . No different then when you normally sell a vehicle. Also, be ready to interact with the “ peanut gallery”, meaning there are some “legit buyers”, which by the way you can check, and of course the key board warriors. It can be a lot of fun especially w 2 min to go.
One last thing the Bat auctioneers will also negotiate the reserve.
Happy to talk further
Bary

[Teddy]

Thought you may find this article helpful. Interesting how the auction does not end until two minutes pass without a bid.

https://www.nytimes.com/2020/03/05/business/bring-a-trailer-classic-car-auctions.html?searchResultPosition=2

[Crush]

Thought you may find this article helpful. Interesting how the auction does not end until two minutes pass without a bid.

https://www.nytimes.com/2020/03/05/business/bring-a-trailer-classic-car-auctions.html?searchResultPosition=2

And this why I like it over eBay . The shell bidding can happen but if u click on bidders names you can see their history which says a lot .

[tjs44]

I tried to list the 63 tempest convert sometime ago.Think I actually had it on here.They would not accept my reserve.Ended up selling it for more than my resreve would have been.Tom

[MosportGreen66]

I have my e24 ‘84 633 CSI pending with BAT now. Wait time from acceptance of car to going live has been about 2 weeks. I’ve heard it can be 2-4 weeks. BAT writes the description for you - you’re only filling out a questionnaire. Take great pics, the more the better. Videos are also important. $99 starts the process For an entry level auction. $250 gets you pro photos from a BAT commissioned photographer. There is another class of auction for higher end cars. In terms of fake bids, let’s not be naive. If it happens on eBay it will happen every where. BAT does charge a % of sale price after the bid is initiated to deter fake bidding but it’s only a deterrent. The two min reset of the auction clock is great for buyer!

[scuncio]

The fee structure on BaT is pretty fair IMO. $250 for pro photos is a no brainer if you aren’t a decent photographer to begin with.

[A12pilot]

Ok, great. Thanks guys! Just thinking if I wanted to go that route on a couple cars or not. Seems unique.

Cheers
Dave

[ssl78]

They are very picky with the reserves since they really make their money from the buyer. The buyer pays 4 % of the selling price. They just accepted my 1967 435 Corvette said the auctions are 2 to 3 until they get listed. We will see how it goes.

[A12pilot]

So, 2 -3 weeks out for your listing to post, is that what you meant? Seems like a fun site but not sure I like the peanut gallery comments that are allowed. Of course, I always have something constructive to say!:tongue::bs:

Cheers:beers:
Dave

[ssl78]

Once they accept your listing and you pay your listing fee it will take 2 to 3 weeks for the listing to go live. They have one of their people create the add.

[Crush]

You can go on there and check past results and see what your vehicle might bring. They use market data including their own to determine reserve. Unique or vehicles that are hot can do well.

[napa68]

I have used them before, and will be using them in the near future to list a couple of cars. Yes, they do dictate the reserve. I almost did not go through with it due to that, but I thought I'd give it a whirl to see what happens. I suppose the risk one may endure is no different than running a car through a conventional auction (without the sheer expense)

BaT is engaged with you on the details of the listing before it goes live. I also like it because of the amount of pictures and videos you can place in the ad (given the nature of the vehicles this site caters to, that is a real plus). As mentioned, what they charge is a bargain for the quality of the ad. I like the idea they place a 5% hold on a C.C. once a bid is placed (that IMO, keeps the BS down and limits some of the bottom feeders). In addition to all of that, I like the idea of the auction being extended for 2 minutes once a bid is placed in the final moments of the auction.

What they did prove to me is bringing qualified buyers. The people who contacted me were asking all of the right questions. At no point did anyone ask me what the reserve was. I too was a bit skeptical of the comments. There were a couple of people who were focused on some petty items. After all......... the comments though gave me the feeling that this is a community of enthusiasts who enjoy the hobby, and many can afford to indulge.

The results? We settled on a reserve of 38k for the 76 Trans Am I had (and that took some arm wrestling). The car brought 50k. In fact, the car brought the last 10k in the last 10 minutes.

https://bringatrailer.com/listing/1976-pontiac-trans-am-5/

If you'd like to chat Dave, feel free to PM your number.

Tim

[Tenney]

Guessing pretty much everyone swings by BaT for a look at the latest cars/comments. Buyers get plenty of time to vet and the last few minutes can be pretty entertaining, as with Tim's Trans Am.

If you're busy w/other stuff or just prefer not to be involved in the process, there are facilitators you can employ who have a shorthand w/the BaT team and will represent your car ...

https://bringatrailer.com/member/wob/

BaT was recently acquired by Hearst, btw ...

https://www.autoweek.com/news/industry-news/a32712976/hearst-autos-acquires-bring-a-trailer/