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Old 05-20-2008, 08:00 PM
quick-bowtie quick-bowtie is offline
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Default Re: Quick-bowtie's collector car auction..

1) 7% isnt alot of difference, but if you figure a car sells for 100k that saves the seller 3k versus most other venues. I have a couple cars all ready consigned that should bring around 300k so thats a 9k savings.. If I had 1000 cars the commisions would be way lower but that would defeat 1 of my purposes of doing this in the first place. My consigments fees will all at $350 when most others are at 1k to 1.5k I think it all adds up. I know Id be happy saving and extra 3k or 9k selling my car.

When you figure in the cost to put on the event (and there are many) factored in with sales percentages and average sale prices and the number of cars thats where I needed to be.. Im definately not going to get rich, I am 100% rolling the dice on this. I just hope to break even and put on a good event and build from there for future.

2) With out sounding arrogant if there is one thing I do know, its prices.. Ive grown up around cars and to this day other than wednesday golf league Im out in my shop playing with them every day. Ive always been able to call a car pretty good. But I also study the market daily, check auction results and classifeds to see whats hot and whats down and about 80% of my friends are car guys and most of or conversations have to do with cars, prices etc..

I would really like to hear from members on what else they think could be improved upon in the auction industry.. I definately welcome any ideas.
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