For some, getting photos up here is a challenge.. You wont find your neighbors Prius or your bosss Camry on BaT. set your alarm for an hour or so before the end which gives you time to read the comments and maybe ask a question . Your comment will be removed by BAT. Examining both the photos and written descriptions closely is an absolute must. Shipping is solely the responsibility of the buyer. I know to set a budget/limit for the example i'm interested in and to wait until near the end of the auction to place a bid. One of the simple questions was What is the minimum price? Since we made the last offer during the auction and did not meet the reserve then it is up to the seller to tell me what it takes to buy the car. This filters everything that you have your eye on which I promise will be a lot! Anyway the process takes ridiculously long and they take 4-5 days to reply to e-mails and there is no one you can actually call and speak to and they wont provide a timeline on the process which for me is not very professional and you should be able to provide customers a timeline for service. It was taken from the end of the auction, where the prediction is at its most accurate. Each eBay listing can be different because eBay has many types of listings. On the other hand, if you're trying to get a decent deal, your best bet is to wait til the last minute and hope that nobody notices it. I suspect it does not happen often because BaT would not want to lose money so the only amount they have to play with is the buyers premium (5% of the price to a max of $5,000). if you place a bid within the last 2 minutes of an auction the timer goes back up to 2 minutes ensuring that nobody can snipe a bid at the last minute. Concierge and comprehensive service for sellers with significant cars and collections. Too early for top-down driving? As for usage - I don't think the predictions are good enough to like buy cars in bulk on wagers made by the model. Reddit and its partners use cookies and similar technologies to provide you with a better experience. After an auction closes, we put the seller in contact with the winning bidder to complete the transaction. Though the prospect of making such a significant purchase over the internet may seem daunting and intimidating, the reality is using BaT is remarkably simple, intuitive, and straight-forward. BaTs Contact Seller button allows interested parties to reach out to the seller to ask any questions or receive clarification on something. Now if it truly is rare and it has a very small following y0u can kill a bidding war with a 10% jump in price in the last say 2 minutes but you better want that car and if a bigger fish is biting your going to get smoked. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Log in --- Copyright Michael Gulett 2010 - 2023, My Wife Was The High Bidder On A Bring A Trailer Auction - But Still No Car. When you win, Bring a Trailer takes their fees instantly If you become the winner of an auction, your financial account will be billed BaT's fee: 5% of the final bid price. I would wait ,you are not going to scare anyone to not bid if they want it. What recourse do they have? In its first year of offering cars to the public, 2014, BAT listed 450 cars for an average sale price of $21,000 and a sale rate of 72%. When the auction closes, the hold is released for all bidders who didnt win the vehicle. When a bid is placed, we place a hold on the credit card on file for 5% of the bid amount. Look for the text reserve not met or reserve met to know if your high bid will be a winning bid. No shipping costs are covered by BaT or the seller. He has a passion for old muscle cars, big pickup trucks and anything motorsport related. It has happened to me 3 times concerning a forged Vin number on a corvette. Good photos are key, and vehicles that were just called used cars five to ten years ago are now collectors. On the general auctions page, you can also view all of the auctions that youre currently watching by clicking on the Watched button towards the top of the page. If you decide to stop following that particular auction, go back into the listing and click again to stop receiving updates. After 14 years on the scene, the 75-plus staffers at BaT arent content to rest on their laurels. Giving our Miata the aero edge that it really deserves, The ultimate track car only costs $2000 to build? BAT is a one side auction. In March we acquired a beautiful AC Cobra. We always wish the new players success; if it were easy, everyone would be doing it. All rights reserved. Canadas motor vehicle safety standards closely resemble our Federal requirements. If the auction reserve is not met when the listing ends, BaT will provide the high bidders contact information to the seller in hopes that they can work out a deal. BAT wants those seller and buyer dollars, They could care less if the buyer is getting ripped off. This Volvo P1800 is still listed for sale for a reduced price of $21,800 only $900 above my wifes bid five months ago! Like Car and You were bidding against people like yourself. No high early bids for sure. The only good thing I can say is that when I ultimately requested a refund it was promptly processed and I got my money back for the listing. If your car gets impounded, dont expect to get it back quickly. I set a price on the product and if there is a price in mind that buyer is willing to pay it is his or hers responsibility to share that. Want to head straight to our FAQ? Making a kit car street legal means ensuring that all the necessary safety equipment is added to your car. What do you know that they dont??? Each auction has a comment thread where the BaT community discusses the vehicle and asks the seller questions. there is a vehicle called a stalker goin on auction right now and the seller told when the reserve was met. It is important to note that bids cannot be cancelled on Bring a Trailer and backing out of a purchase could get you barred from the platform for life. I am curious to know what everybody's thoughts are on the best strategy for bidding on a car on Bring a trailer? Other times, they may try another avenue to get a higher price. Variety is the name of the game and high quality doesnt always have to mean high price, Swig told me recently during a video call. That site is great for selling, with very few bargains to be found. I'd think that's a pretty good car to buy on BaT. In fact, sellers have to submit the information about their car and then BaT Auctions chooses the most exciting and interesting cars to list. If it's at $10k and you bid $15k , does it just go up to say $10.5 k or does it eat all your higher bid up all at once ? 2023 Motorsport Marketing. Our tried-and-true service. | #LowBuckWednesday, Import lovers: See some of the best at Carlisle on May 12-13. If you're bidding against mere mortals you may come out on top without going beyond a price you're comfortable with. New comments cannot be posted and votes cannot be cast. This means running a VIN check, reaching out to the seller which can be done via the black Contact Seller Button to ask questions, or even scheduling a time to go physically inspect and test drive the thing. So what can you do to make your listing stand out? If it truly is a car you cannot find anywhere else, and somebody on there wants it they are going to get it. Comment threads on each listing let buyers and sellers share knowledge That's all I think it's useful for. Each seller is provided with an Auction Specialist, All of these things considered make BaT Auctions a great option when you are looking to buy or sell a rare collectible vehicle and we arent being paid to say that! They want cars that have a usability component and are approachable, Swig says. Some auctions have been passed on to the second, third, or even fourth highest bidders in line to try and make a deal after the winner backed out. I'd bid what I'm willing to pay in the last 15 minutes and then walk away if it goes higher. #9 Nov 8, 2020. I'll toss in a bid just so it reminds me when it's ending, then bid at the end, unless it's already over what I'm willing to spend. The exceptions to that are basically because of emotion. I was told they receive a lot of e-mails and pride themselves on the quality of their listings which to me is an excuse where if you have that many e-mails then hire more staff. Assuming that there is a relatively clear valuation on it and sufficient number of bidders, it will sell for what it is worth, more or less. Has anyone ever heard of them pitching in $$ to make ;a deal happen? It has GT3 shock/coil over setups with H&R springs and a host of other improvements. Click here. As a 46 year selling dealer of European high end and collector cars,there is NOTHING that gets under my skin then the question,What is your bottom dollar? If the auction reserve is met when the listing ends (or the auction is no reserve), BaT provides the seller and winning bidder with each others contact information. yes it has a reserve, BaT doesn't allow sellers to state what it is. I mean whats happen with BaT fee? That's an excellent feature. Creating an account will also give you a public member page. While BaT doesnt reveal a vehicles reserve price, it does show if the vehicle has a reserve or not on the auction pages listing title. Like most auction companies, each vehicle sold on BaT is offered with or without a reserve. Beyond that they cant really do much elsE but I would advise BaT on the dealers attitude just in case that same dealer comes back with another car to sell. Back in April, a 1-of-400 1998 Subaru Impreza 22B STi with 25,000 miles on it brought in $312,555. Having lost the Volvo we moved on. Is is up to the dealer and I to work it out. And though that 5% is refunded right away, it typically takes a few days for said money to reappear in your account. Whether insurance will cover the theft depends on your level of coverage at the time of the theft. I don't have that in it. to Members Watchlists so Members can keep track of when sale dates have been assigned and vehicles are ready for bidding. I think this is just evidence that it's all a crapshoot, but in my mind it goes the other way too. You'll most likely be bidding against people with practically infinite money so you need to approach it as an underdog. If youre bidding on the go, you can opt into our Text Alerts and download the Invaluable mobile app to keep track of your item. No Reserve auctions are clearly marked as such. I really like the way that BaT extends the clock with a bid. you guys do not write if there is a reserve in the ads , Im to assume no reserve ?? As for the AC Cobra, it will be in our garage for a long time. I wish eBay worked that way as a buyer, and if I sold on eBay I'd probably feel the same. About the AuthorBrian Jones is an ASE Certified Master Tech that lives outside of Dallas, TX with his wife and children. Half the time, eBay sellers wont even respond at all. You simply click on the Bid button and enter the amount you wish to bid, and viola. This is actually my second rodeo in building pricing models - the first time I did it was with this one: https://tapdeals.cognitivesurpl.us/ for the aviation market. The winning auction bid creates an automated introduction between buyer and seller, including proper names and addresses. these cars are not competitive , but he is just racing for fun without a plan of winning . I was surprised when I got an email today saying that BaT would not sell my car unless I agreed to the reserve that they set. Of course, there are plenty more specifics involved in creating such a spot-on tool. We have a doctor who likes to buy stuff on BAT , mostly old race cars so he can vintage race them . And they have a relatively new white glove service for significant cars and collections. But yeah, anyways, I think you're right, a few features are driving this. June 25, 2022 . New auctions happening every day display the full spectrum of used cars, from budget projects to million-dollar works of art. Classic, Plus, and White Glove. If youre bidding on a vehicle, monitor the auction closely on the final day. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. WebI think sites like Bring A Trailer artificially raise the prices of used cars. On some our auctions, the big jump in the final minutes has been successful. And, while you can choose to roll the dice and purchase anything from a basketcase to a museum-quality vehicle from the internet sight unseen, its always a good idea to go the extra mile and really research the vehicle in question. This famed auction site causes many of us to spend lots of hours drooling over vintage, collectible and rare vehicles. As a rule of thumb, just use common sense and trust your gut. Once there are no more bids coming in, the time runs out. I am actively working on another revision to the modes however, so may find some systematic issue while doing that though. Web1986 Ford RS200 Evolution for sale on BaT Auctions - sold for $502,500 on March 19, 2021 (Lot #44,535) | Bring a Trailer New to BaT? You need to accept that if one of the "alumni" as they call themselves(BaT regulars whose net worth is exceeded only by their sense of self-importance) wants the car more than you, you're not going to get it. I bid on a No Reserve BMW. 1 2 mfennell HalfDork 12/9/22 3:46 p.m. Your CA Privacy Rights (Shine the Light) From there, the two of them can work out their own deal, if they desire. This is a minimum amount that the seller will accept. To actually bid on a vehicle you need to set up an account in which you list a valid credit card. Terms of Use, Your Privacy Choices If you're willing to pay seriousmoney and it's not something incredibly popular/desirable, then dropping basically your max bid early will probably do a good job of dissuading less serious bidders. I was also happy with my experience selling my Lamborghini Espada on BaT earlier this year. Bring a Trailer offers two tiers of accounts. Bring a Trailer is Good but there is a NEW Kid in town which is Better. Gaffney says that this has made the predictions quite accurate, and notes that it has been exceedingly rare for an auction to finish outside of the set boundaries. surprised me a lot. If you make a negative comment and its acually factual to advise the buyer he may be getting taking advantage of on a car whitch is falsely advertised. The automatic payment also acts as a deterrent to non-serious bidders. To play it safe, BaT employs Auction Specialists to monitor comments and remove erroneous bids. You can subscribe to the update by clicking into the auction listing and simply selecting the WATCH button or favoriting a listing on mobile. For this reason, BaT listings feature dozens of photos of each vehicle, showing close-up details of parts, components, and finishes. When you bid on a vehicle on BaT, your bid is verified via a hold being placed on your credit card for 5% of the bid amount. It's called Bring A Trailer ( BaT) and many of us spend too much time looking at it on a daily basis. Interested in educating yourself on the finer points of the unique and at times, confusing process that is buying your first bike? 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