By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. However, I do recommend pre-purchase inspections. I do not know if BaT has given money to make an auction happen. I bid $10k and the next bid was $20k. The winning auction bid creates an automated introduction between buyer and seller, including proper names and addresses. Crazy, right? You simply click on the Bid button and enter the amount you wish to bid, and viola. it's a good gut check for a car you're thinking about. Sellers also have the ability to lower their reserve amount at any point. | #LowBuckWednesday, Import lovers: See some of the best at Carlisle on May 12-13. All rights reserved. If you win the auction, it goes toward your fees. This term refers to those who wait until the final seconds of an auction and then throw in the winning bid. Since then, I have shot something like 25 listings, and I've adjusted and fine tuned my process a little bit. As I mentioned in the post yesterday about the BMW Isetta eBay auction the eBay auction process is really not an auction at all when the seller can cancel all bids and remove the car. Be respectful of the selling dealers professional history,his overhead,as well as all the nuiances that are incorporated into the knowledge,effort,and expenses of sourcing and purchasing product Those interactions can range from an in-person pickup to a door-to-door delivery service. Good photos are key, and vehicles that were just called used cars five to ten years ago are now collectors. We are Reddit's central hub for vehicle-related discussion including industry news, reviews, projects, videos, DIY guides, stories, and more. Not here in Florida. Today were going to go over the process of buying a car off Bring a Trailer along with what you could expect to happen after the auction. Of course, a pre-purchase inspection is still the best practice for anyone looking to buy and BaT sellers are often willing to facilitate this service on your behalf due to the high-end nature of most of the sales. This Tool Predicts Bring a Trailer Auction Results With - The Drive Those jaw-dropping prices are due, in part, to the community BaT has built over the last decade or so and the incredible attention to detail in the listing. Click the links to learn more about our services. BaT is happy to provide assistance or answer questions during this part of the process. Its critical that you read the listing entirely and peruse the comments section for questions, answers, and additional information. 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 really like the way that BaT extends the clock with a bid. BAT is a one side auction. I'd bid what I'm willing to pay in the last 15 minutes and then walk away if it goes higher. The exceptions to that are basically because of emotion. If you're up against one of "the alumni," you'll need to quit when you inevitably run into your cap, and then accept that no matter how high your bid was they would've outbid you anyway. I thiought Ebay was bad but these Guys take it to a new level. It is important that bidders do their due diligence to understand all the details of the car and insights offered by members of the community. bidding on BaT works like a live auction in the real world (not like Ebay) where you pay a small amount over the next highest bidder so if you bid $15k then the I believe that a winning bidder who does not pay for the car will lose the BaT fee and be banned for life from using BaT. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Whether youre building a Lemons racer, taking a drag car to the strip, or driving an SCCA car to get lunch at an event, you might be wondering how to drive it on the street legally. When you make your first bid, 5% of that amount will be held on your card with a minimum of $250. I was concerned about potential water damage and rust. When the auction closes, the hold is released for all bidders who didnt win the vehicle. On BaT, toward the tail-end of an auction (the final two minutes), each bid placed will extend the auctions timer by two minutes, giving the rest of the bidders an opportunity to bid higher (or walk away). Potential bidders can use the Contact Seller button to ask the seller questions, schedule a viewing, or set up a test drive. Got a tip? Its vital to do your homework, communicate with the seller, get concrete information, and not simply send a four, five, or six-figure check across the country to a complete stranger. During the final two minutes of an auction on Bring a Trailer, the clock resets whenever a bid is placed. Once there are no more bids coming in, the time runs out. This practice ensures that everyone has the chance to place their bids and it allows the seller to receive a fair value for their vehicle. This is done by BaT so buyers and sellers dont simply go around them, thereby robbing BaT of its fee. Every auction goes live with an informational listing, photo gallery, and additional seller features that help ensure a great result. Target Impression Share: automatically sets bids with the goal of showing your ad on the absolute top of the page, on the top of the page, or anywhere on the page of Google search results. Ebay would just jump the bid a small amount but not your complete bid. Sam. By shying away from BaT, youre cutting yourself off from a resource that provides access to a virtually endless parade of dream cars. So I thought I would do an update on what I think are good techniques for shooting car listings in 2022. I wonder what the owner of this Volvo thinks? We are not attorneys. 1 2 mfennell HalfDork 12/9/22 3:46 p.m. The upgraded service is $349, which includes professional on-site photographers who fully shoot the car based on a comprehensive checklist of photos. Gaffney saidthat his models take snapshots every 12 hours from the moment an auction starts to the moment it finishes. If you're bidding against mere mortals you may come out on top without going beyond a price you're comfortable with. You will need to provide some financial account information before you are able to place a bid. Happened to me today with a 5-speed SC300, really disappointed cuz I want one so damn badly. If your car will be sitting all winter, fill the fuel tank before parking it. Webbring a trailer bidding strategy. Probably lots of exceptions to a rule about mileage, but still an important one overall. While discussing the auction with a friend, he found out that another had recently sold for much less, which got him thinking of ways to get the most information and score the best deal. All rights reserved. Learn how it works. That site is great for selling, with very few bargains to be found. (Opt Out of Sale/Targeted Ads). In March we acquired a beautiful AC Cobra. Just make it clear to other bidders that you have touched the car. Articles may contain affiliate links which enable us to share in the revenue of any purchases made. On Bring a Trailer the buyer and seller are committed to selling if the reserve is met and to buying if they are the high bidder and the reserve is met. I think I actually passed over that since we don't have good time-series on how # of watchers evolved over the course of the auction so we can't build a back-filled model on it reasonably. 1. You were bidding against people like yourself. By simply clicking the Notify Me when one is listed button (which is available on any given model page) youll receive email updates on that specific model. Obviously if the bidding is well below that amount, don't show all your chips unless you need to, but plan on bidding all of your budget at the last second. If you want to focus on visibility, you can try one of the following bid strategies to help maximize visibility. Odometer fraud is still possible even in the age of electronic odometers, which will commonly display an asterisk that displays after tampering has been detected. 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. Sometimes, the seller is willing to share with the bidder what they would take to sell the car. Learn more About Target Impression This includes a calculation of the rough odds that another vehicle of the same make or model will surface for auction again in the next 90 days and measures the likelihood that at least one of the new auctions will close at a lower price point than the most recent sale. Buyer beware in these situations because theres minimal oversight and you could buy a real junker by complete accident. Each seller is provided with an Auction Specialist, And if it's something actually popular and/or you're trying to get it *cheap*neither of those strategies is going to work very well so just do whatever seems most entertaining to you. It has happened to me 3 times concerning a forged Vin number on a corvette. Bring a Trailer works differently depending on whether youre buying or selling: Buying: Potential bidders can use Bring a Trailer to ask questions, schedule a 2022Recurrent Ventures. Each photo should be 1-4 MB for clarity; note that the image uploader wont accept files larger than 10 MB each. A few months back my wife and I decided we wanted a Volvo 1800, actually we decided that a long time ago. Can I get barred from using Bat in the future..Can use some help..I might need to cancel and not buy the car..Thanks for your help. In case youve never heard of it, Bring a Trailer is one of the internets best automotive-themed sites. Seems solid, wish there was a github though. You can launch a submission through the vehicle submissions page. I am actively working on another revision to the modes however, so may find some systematic issue while doing that though. The internet age has allowed finding the car of your dreams to become a markedly easier and more convenient process than ever before. Good faith practices recommended by the site ask the seller to send the buyer a copy of the Bill of Sale and title before the buyer sends the payment. In addition to the final sale price, BaT charges a 5% fee though said fee has a $250 minimum and anything that sells for over $100K has its fee capped at $5K. Each listing also boasts an extensive written description. http://www.bustedknuckles.com. Then, find the car you want to bid on (theres plenty of amazing vehicles to choose from). When his health was in decline, his wife and daughter decided to sell some of them, including the Chevron B-23; its one of the more significant racecars weve seen. What I do think though, is that: it's a good filter to get rid of obviously bad deals. Two/three people fight it out, one newperson lays down the big bid. with objectively-written listings and comprehensive photo galleries. The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network. Sellers are encouraged to be active participants in the comments sectionanswering questions and engaging with the community increases bidder confidence. Your comment will be removed by BAT. If you really want it and DO care about the price, wait until the end. Too early for top-down driving? That amount is owed whether the auction is successful or not, though the staff has been known to push for low reserve prices to ensure that more sales go through. Its the ideal place to lurk for a vintage Mercedes G-Class, a manual transmission dad wagonor your exact dream car from high school. WebSeller bidding using second account to boost price This system seems flawed, there is nothing stopping a seller from using a second account to bid on their own listing to a price close to but lower than the reserve. If you accidentally add a digit to your bid, for example, the moderator can be asked to invalidate the bid so you can correct your mistake. Sending a description like 1987 Chevrolet K5 Blazer Silverado in Midnight Black, great condition wont cut it. He has a passion for old muscle cars, big pickup trucks and anything motorsport related. Ferrari Art, already framed - 11" x 17" - $100 - write for list of prints: malibucarart@gmail.com, Aggressive Off Road Truck Ad Banned In Australia, Disclosure, Privacy Policies, Comment Rules And Disclaimer. To actually bid on a vehicle you need to set up an account in which you list a valid credit card. With manual CPC, you select the price that you're willing to pay for each click. It's got a few miles on it (133k) but besides that it should make a great driver for me to enjoy as a first porsche. These are people who know the right steering wheel center cap for a 1985 BMW M5 and the correct headlight rings for a 1956 Mercedes-Benz 300SL; they help inspire confidence by highlighting potential issues and concerns for buyers. The further outside of that loosely diagonal line a data point falls, the less accurate the final guess. On some our auctions, the big jump in the final minutes has been successful. No longer are motorcycle and automotive enthusiasts limited to the available offerings in their local classified sections, with a number of big websites that now offer specialty vehicle auction services that cater to an immense array of vehicles from all genres and eras. In this situation, BaT will also put the highest bidder in contact with the seller in hopes of an agreement being reached between both parties. Classic, Plus, and White Glove. 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. During the final two minutes of an auction on Bring a Trailer, the clock resets whenever a bid is placed.