[trader220]

Its messy backing out of a deal from any legit auction house.

I have sold nearly a dozen cars on BAT and yet to have anyone back out. Every single buyer has paid me upfront and then I either arranged shipping or they did. Now, I have also followed up with every buyer, after they received the car and a month or so later. I sold a Ferrari 308 to a guy in France via BAT and it was a very positive experience. He wired the money to me a couple days after the auction and I helped him arrange shipping. I have a standing offer to visit anytime.

BAT takes the 5% right away, in fact they play a hold on your CC for the amount you bid right away, as in before the auction even ends. I think that function keeps most of the buyers legit.

I have seen a small number of buyers back out. BAT keeps their fee and they'll work with you to relist. They also are clear on the new listing that the buyer backed out because of ghosting and not having anything about the car being the reason.

BAT does not really vet the sellers and you'll find a small number of auctions which have been closed during the auction because the crowd uncovered issues with the car or the title or something else. They don't vet the buyers either, aside from taking a credit card and as soon as you bid they confirm the 5% funds are available and place a hold on them.

Some people may walk away from a few hundred dollars for whatever reason.