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docwyte
docwyte UltimaDork
3/28/24 10:24 a.m.

If you're willing to set a reserve price of $12k for it, don't list it on FB for $20k.  If you want the space that much more than the money, just list it on FB for $14k and get rid of it.  If you really want $20k, then list it on BaT with a reserve at $17k+ and see what happens

Tyler H
Tyler H UberDork
3/28/24 12:26 p.m.

No reserve.  BAT will bring all the money .  I've sold 5 vehicles on there with no reserve and had no issues.  In fact, they may not accept (or may defer) your auction if there is a reserve.  Bidding will be much more active on no-reserve auctions, and you'll get more watchers.

You want your listing to end before lunch on a Friday, if at all possible.

Jerry
Jerry PowerDork
3/28/24 6:10 p.m.

I'm surprised it took almost 24hrs.

dj06482 (Forum Supporter)
dj06482 (Forum Supporter) UberDork
3/28/24 6:33 p.m.

One of the challenges of BAT is that the car is listed on their schedule, not yours.  Back from my eBay days, I realized that the time the auction ended was critical.  As others have said, you want it during the work week, and not on a weekend.  I would try to sell it on an enthusiast forum first, and if the offers aren't in-line, then you could always use BAT.  The saying for a while has been buy on Cars & Bids, sell on BAT, as Cars & Bids tends to bring lower prices.  Not sure if that's still true or not.

Good luck with the sale, that's a beautiful car!

GameboyRMH
GameboyRMH MegaDork
3/28/24 8:01 p.m.

I would set a reserve somewhere for safety, we see all the cars that sell for crazy money but nobody notices the ones that sell for ordinary or even low prices. I remember a few years ago a school was selling a homebuilt Lykan Hypersport replica on there for charity and it brought in some rather disappointing numbers.

93gsxturbo
93gsxturbo UltraDork
3/29/24 10:19 a.m.

Cars and Bids doesnt scrutinize their stuff as much as BaT does, its sort of like Sams Club vs Costco.  They are both similar, one definitely has more of a premium feel.  

If this thing is legit worth $20k and you legit want $20k for it, set it up on Rennlist or Pelican Parts or one of those.  The buyers will appreciate that they do not have to pay a $1k premium, its still a private party transaction so cash is king, etc etc.  

If your "reserve" is $15k, list it at that if you want it gone.  

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