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Thread: BaT issues - is it just me, am I cursed?

  1. #31
    Senior Member nvr2mny's Avatar
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    Bill, what channels did you use? I’m staring out with pcarmarket on the Porsche’s. Probably fleabay on the Jag.
    Reg#2218

  2. #32
    I've had good luck just using forums dedicated to each car. One was an E30 M3, so I used S14.net, the other was a bmw 2002, used 2002faq.com for that one. Also used Pelican's classifieds for several 911's over the years.

    Curious how Pcarmarket works for you, looks like they're getting more traffic and bids over there.
    Last edited by Bill Meyer; 09-22-2020 at 05:53 AM. Reason: spelling

  3. #33
    Quote Originally Posted by Bill Meyer View Post
    I think BAT is great in general, but as a seller I was surprised at how low they pushed their reserves. I've had two cars accepted and both cases they wanted reserves that were about 7-10K less than my bottom dollar. I advertised both on other channels and easily sold each for around 10K higher than the requested reserves. That's a lot of money on the table had bidders not shown up.. too risky for my blood
    I am sorry for the experience but seems you did well through the other channels. Without having knowledge on your particular car, the reserve you wanted and visibility into the sales you've achieved, I cannot comment on your experience of course. I do know a lot of private sellers on BaT as they are close friends and am aware on their results and often the reserve they set. Most of us sell Italian cars - some a bit less mainstream. BaT has always been super collaborative on the reserve and none of us ever had an issue with it. To the contrary, sometimes the reserve was too high and quite a few of my friends decided to lower in the last few minutes of high bidding activity when it became clear that it will not be met. So we've not had your experience of lower reserves that are pushed (I do have funny stories how auction houses like RM put pressure on your reserve on the auction day though ...).

    BaT does have a stellar track record for the M3 (Some amazing results) and 2002 though. I can see that many Porsche owners might raise an eyebrow on reserves these days and might think they are too low. Except for super strong or rare cars, the early 911 market is still slow and supply is plenty. I assume it is the car that remains unsold more often than other makes/ models simply by looking at the results page (Don't hold me to it as I did not do a proper analysis). My hypothesis is that most 911 sellers have not yet caught up with the lower market or might feel their car is more special than others. So I could potentially see a discrepancy between what an auction house would want as reserve vis-a-vis the seller for very few models where supply and demand-side price expectations are a bit out of whack.
    Mike Baum #505


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  4. #34
    Senior Member curtisaa's Avatar
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    I have been a "watcher" of BAT for long time. I have not asked them to list something yet but I will certainly ask when and if the situation presents itself.

    That being said, This site has some very wealthy clientele and they get $$ that Ebay could never get. The 1967 911S that just sold today ( 9/21/2020 ) was ALL THE $$ PLUS another $20K.

    Personally I would like to know who put up the $$ for this purchase of BAT. I've heard $250M.....
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    Curt Autenrieth
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  5. #35
    Senior Member nvr2mny's Avatar
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    Quote Originally Posted by curtisaa View Post

    Personally I would like to know who put up the $$ for this purchase of BAT. I've heard $250M.....
    I believe there’s a thread on this. Hearst Corp. is the new owner from what’s out there....


    Thanks Bill!
    Reg#2218

  6. #36
    Early S Reg #1395 LongRanger's Avatar
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    BaT People

    I've been on BaT off-and-on for a few years, now --- more, lately, as there are more and more of the kinds of cars that I'm interested showing-up there enough to keep me coming back . . . to look anyway

    Regardless, the thing I've noticed is that, in general, there seems to be a lot more 'cheer-leading' going on than actual knowledgeable/worthwhile discussion about the cars on offer. Depends on the car, too, I suppose; some of the more-esoteric ones can bring-out exchanges that are pretty interesting to follow --- nerdy stuff, but instructive . . . like if I ever buy a Pagoda Benz. But, even if there are some good posts, there's a lot of 'good-luck-with-the-sales' and 'I remember whens' and 'my Buddy had one of thoses' and other assorted nonsense that I have to dig through to find anything useful . . .

    . . . er-um --- not that anything like that takes place here

    What I will say is that, from what I've seen --- and for some of the sums being bid there . . . I highly doubt I would bid on anything off that site without a first-hand look myself. I had a chance to take a good close look at one car that was sorta local to me . . .
    https://www.early911sregistry.org/fo...hlight=touring

    . . . yikes!

    Numerous bumps and scrapes, some less-than-swift body + paint repairs --- and no test drive allowed! And let's just say the Seller was no enthusiast; he was just movin' the merch. Not a huge deal --- I'm down for de-bumping and sorting, even engine swapping . . .

    . . . but for $12.5k? For this?

    Somebody took it in the nuggets

    Not exactly BaT's fault, right? --- and, I mean, why would they care? . . . they're only selling the Kool-Aid, eh? They expect Sellers to be honest and Buyers to be responsible . . .

    . . . right?

    Sure-sure

    On the other hand, if all I was going by were the pictures on BaT's site and some less-than-insightful commentary --- not-to-mention what passes for 'vetting' . . . from the assembled 'community,' then one would've thought that the car was a deal

    Yeah, weeeeeeeeelllllllll . . .


    . . . not to me

    Not this one, anyway


    I'm sure that there are some great cars --- and true bargains . . . to be had, there. But --- after my experience? . . . I look at BaT the same way I look at any other auction . . .


    . . . maybe a bit less than Sotheby's . . .


    . . . maybe a lot more like eBay





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    Last edited by LongRanger; 09-26-2020 at 11:17 PM.

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