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Thread: BaT Case Study

  1. #11
    Here's the verbiage you get:

    In addition, please review our Successful Transaction Tips below to assist in finalizing the transaction.

    Make contact with the buyer ASAP.
    Always try to remain calm, friendly, and polite. The #1 reason we see car deals fall apart is not the car; it is disrespect or bad attitudes from the buyer or seller.
    Provide a factual Bill of Sale when taking payment.
    Provide a photocopy of the title if requested to justify payment.
    Do not release the car or the actual title until you have full payment in hand.
    We suggest Wire Transfers for payments.
    We hope to hear a BaT Success Story from you in the coming days and weeks! Thanks again for listing your vehicle with BaT Auctions!

    The Bring a Trailer Team

    I didn't get an indication of timeline for payment though...
    Greg.
    ----------
    72 911T - 73 2002
    #1461

  2. #12
    Porsche wrench/life coach Frank Beck's Avatar
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    Quote Originally Posted by Scott72 View Post
    The one thing I did notice with BAT is that the 67-73 911S don't seem to do as well. I searched their archives and the only 911S's that sold were in the 90-110K range. None of the nicer ones (like the one Frank had up) made reserve. I will give you that the sample size of the 911S is much smaller than the Hotrods or the 911T's, but seems like a trend to me. I still not discounting the exposure these nicer 911's are getting, just seems for really nice stock 911's, BAT doesn't seem to bring out the buyers.
    After the vanilla performance of the 73S Targa I might agree. (Final bid including the 5k that BaT would have pocketed is not that far off from what it will take. Have 3 serious dudes on it.)

    Frank with his 73 CIS T and my 70T have certainly confirmed something: Much like the 356 market where engine hp/model doesnít cause a monumental price disparity, really nice Tís are closing the gap in relation to S cars. Baby steps perhaps but none the less you canít ignore the data points.

    The buyer of my T is in the Porsche biz and knew he couldnít build the car for what he paid for it.


    Trigger Warning! Apologizing in advance for my whiteness.

    I often buy parts I think I need but find out I already own.

    "Save the whales."
    "Save the Rain Forest."
    "Save the baby humans."


    https://www.youtube.com/watch?v=54DG48N4gs0

  3. #13
    Senior Member t6dpilot's Avatar
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    I think BaT has a really good format for selling a car and worldwide exposure. And to think it started as an "FYI" site for enthusiasts to share for sale "finds." Brilliant... I sold a less than 14,000 mile 1948 CJ-2A Willys Jeep on BaT last summer. I listed it at no reserve and honestly thought we would get twice our final price. But that is the risk you take with no reserve, however, I had way more exposure than an enthusiast site. And it went to a great new owner who loves it. Thinking about listing a 55 Austin-Healey 100 aluminum bodied hotrod. Might do really well there versus an enthusiast site.
    Scott H.
    1969 Coupe LtWt - 2.2S motor
    914-6 GT - 3.2L

  4. #14
    In my experience the reserve has not hurt... they don't charge more for it so why not use it. They negociate a little with you prior to listing it, to make sure it's not unresaonable. I said no, they still took the car. I set mine as the bare bare minimum but the sale exceeded it by 20% and I was ther eto comment reserve was off... Why risk it ?
    Greg.
    ----------
    72 911T - 73 2002
    #1461

  5. #15
    Porsche wrench/life coach Frank Beck's Avatar
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    Quote Originally Posted by Greg D. View Post
    In my experience the reserve has not hurt... they don't charge more for it so why not use it? ... Why risk it?
    Because some of us played with fire as little boys and havenít grown up?


    Trigger Warning! Apologizing in advance for my whiteness.

    I often buy parts I think I need but find out I already own.

    "Save the whales."
    "Save the Rain Forest."
    "Save the baby humans."


    https://www.youtube.com/watch?v=54DG48N4gs0

  6. #16
    Senior Member Bill Simmeth's Avatar
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    What's the scoop on the cars that get the larger pictures on their site? Does the seller pay extra for that or is that an 'editorial' decision?
    Only dead fish go with the flow.
    #ecuriejuanabee

  7. #17
    Quote Originally Posted by Frank Beck View Post
    The buyer of my T is in the Porsche biz and knew he couldnít build the car for what he paid for it.
    FACT: You cannot restore a car more cheaply than buying a good "finished" car.
    "Be who you are and say what you feel because those who mind don't matter and those who matter don't mind." - Dr. Seuss

    Early S Registry #235
    rgruppe #111

  8. #18
    Member #226 R Gruppe Life Member #147
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    We're trying to sell our RSR style car on BAT. Will report. Gordon

  9. #19
    Senior Member
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    the Albert Blue 70 911S that was on BAT a couple weeks ago sold for $175,000. but I think that was after the auction was over. Chris
    1. Chris-Early S Registry#205
    2. '70 911S Tangerine
    3. '68 911L Euro Ossi Blue

  10. #20
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    Must have been after the auction - had reserve not met at 158K.
    69 911S #1379
    65 356 SC #130757

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