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Former Options Trader !!!
Join Date: Feb 2003
Location: Bucks County PA
Posts: 6,756
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I have become increasingly frustrated with BAT. They have rejected several cars I sent in which were all clearly in their wheel house. A couple were sub $20k cars and 1 was a mid $70's car. All of the reserves I sent in were low compared to the retail market and inline with the wholesale market. It bothers me when I see yet another 2016 GT3RS which I am sure wont sell, or an endless stream of GT4's.
I agree with you guys.... These guys are missing the boat, someone with some real business acumen could really make that site a huge business. The guys who started it could make a substantial windfall profit too. There are so many advertising opportunities and so many other ways to make the site better and more profitable.
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Current:88 Guards Red Coupe, 89 Coupe Track Rat, 76 Caddy Eldo Convert. 2015 Aprilia Tuono Wrecked 1987 Targa Guards Red, 2003 Ducati ST4S Sold 1987 Granite Green Targa, 993's, 93 RSA, other 964 coupes, 89 911 Turbo Ruf mods, 90 e30 M3, 07 BMW R1200S STOLEN 94 Speedster |
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Registered
Join Date: Nov 2007
Location: New Jersey
Posts: 3,112
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Both of my buyers were very happy with their purchase...in fact one buyer and I actually became friends till this day and the other buyer and I have communicated several times in the most positive of ways. Not every seller is out to screw a buyer. Bat offers a service but they are limited to what the seller submits about the vehicle. Yes they screen comments, as I’ve seen some really dumb comments that get by. I agree that they should not censor someone who it just trying to look out for a potential buyer but in their defense how do they know when the comment is from a knowledgeable person or a troll. Bat is not perfect but their fees are a lot better than most auction places. Hopefully they will continue to improve or someone will create their own version of an online auction to rival BAT that may satisfy the many that are not happy with Bat current practices.
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Rey....77 930 "the Mistress" |
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Registered
Join Date: Aug 2014
Location: In Traffic
Posts: 1,801
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If BAT is such a s**t show why do so many of you still submit cars to them? I'm just curious.
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Former Options Trader !!!
Join Date: Feb 2003
Location: Bucks County PA
Posts: 6,756
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I am not saying its such a chit show, I am just saying they're missing the real boat.
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Current:88 Guards Red Coupe, 89 Coupe Track Rat, 76 Caddy Eldo Convert. 2015 Aprilia Tuono Wrecked 1987 Targa Guards Red, 2003 Ducati ST4S Sold 1987 Granite Green Targa, 993's, 93 RSA, other 964 coupes, 89 911 Turbo Ruf mods, 90 e30 M3, 07 BMW R1200S STOLEN 94 Speedster |
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For the record, they never filtered my post.
I still see lots of cars on BAT getting crapped on by peanut gallery. This notion of BAT censors all negative comments is laughable and outright false.
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1986 Bosch Icon Wipers coupe. |
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Former Options Trader !!!
Join Date: Feb 2003
Location: Bucks County PA
Posts: 6,756
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The only time any of my posts were censored was when some clown was spouting off about how the best game plan for bidding was to place your top bid early and not bid anymore. I tried to explain a little about game theory and bidding strategies but he got arrogant. Having been a floor trader for 20 years I have a little experience in an auction market. Anyway he got so arrogant spouting off about the massive collection he had all bought by single bid early in an auction. I laughed and mocked him. My comment was censored, I couldn't comment for a day or so and then my comments had to be reviewed before they posted for a while.
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Current:88 Guards Red Coupe, 89 Coupe Track Rat, 76 Caddy Eldo Convert. 2015 Aprilia Tuono Wrecked 1987 Targa Guards Red, 2003 Ducati ST4S Sold 1987 Granite Green Targa, 993's, 93 RSA, other 964 coupes, 89 911 Turbo Ruf mods, 90 e30 M3, 07 BMW R1200S STOLEN 94 Speedster |
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Registered
Join Date: Dec 2005
Posts: 2,187
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Still here
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Bronco, sigh ....
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Wow.
Really surprised about the level of negativity here. I am on BAT everyday and I see a lot of very high quality cars that seem to be represented accurately. Comments I post are visible instantly. I don't see anything better out there as far an online goes. Any my girlfriend just bought a gorgeous Porsche on BAT - sight unseen and no PPI. Had it shipped from out of state and it arrived better than it looked in pictures. Seller was a joy to deal with. Only issue I have with BAT is that the bigger it gets the deals seem harder to come by for a buyer. Quite a lot of cars seem to go for a real premium. But that's just capitalism and I'm a capitalist so all good.
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1989 Carrera |
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Still here
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Was it a Boxster ?
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Former Options Trader !!!
Join Date: Feb 2003
Location: Bucks County PA
Posts: 6,756
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Quote:
I look at BAT nearly every day but I have rolled my comments way back. I sell cars on BAT and I don't want to hammer someone else's auction and have them roll back on me and spread false bs on any of my auctions.
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Current:88 Guards Red Coupe, 89 Coupe Track Rat, 76 Caddy Eldo Convert. 2015 Aprilia Tuono Wrecked 1987 Targa Guards Red, 2003 Ducati ST4S Sold 1987 Granite Green Targa, 993's, 93 RSA, other 964 coupes, 89 911 Turbo Ruf mods, 90 e30 M3, 07 BMW R1200S STOLEN 94 Speedster |
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Former Options Trader !!!
Join Date: Feb 2003
Location: Bucks County PA
Posts: 6,756
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....with regards to "deals" yea there are some deals to be had and yea some cars sell way over the true market value. BAT's become liquid enough and populated by enough guys that for the most part the stuff trades pretty close to what I think "fair value" is given what's known about the car.
I also think the general populations idea of what "fair value" should be is frequently well off. I like playing with the older Bentley's. I buy em and sell em and know the markets both retail and wholesale well. Nothing crazy expensive, all of them under 50 grand. Yes you can buy a 10 to 15 year old 200 grand car for 25 to 50 grand, that doesn't make it a screaming bargain, that's fair value. I was following a 06 Bentley which I thought sold at dead on fair value. Couple of the peanut gallery were hooting and hollering about what a screaming deal it was. Others listen to people like that and believe the bs.
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Current:88 Guards Red Coupe, 89 Coupe Track Rat, 76 Caddy Eldo Convert. 2015 Aprilia Tuono Wrecked 1987 Targa Guards Red, 2003 Ducati ST4S Sold 1987 Granite Green Targa, 993's, 93 RSA, other 964 coupes, 89 911 Turbo Ruf mods, 90 e30 M3, 07 BMW R1200S STOLEN 94 Speedster |
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Former Options Trader !!!
Join Date: Feb 2003
Location: Bucks County PA
Posts: 6,756
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I am not a huge Boxster fan but my goodness you can buy a whole lotta open top Porsche for peanuts these days. Middle miles first gen BOX S's going for 8 to 14 grand. The S is the one to own. Although I am thinking about buying a base and hot rodding it over the winter.
I love cars like that. They're disposable. Buy one with 65k miles, drive the crap out of it as a commuter car that's fun to drive for a few years and short of smashing it up the cost per mile is peanuts. 944's are the same way and they have basically NO price decay.
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Current:88 Guards Red Coupe, 89 Coupe Track Rat, 76 Caddy Eldo Convert. 2015 Aprilia Tuono Wrecked 1987 Targa Guards Red, 2003 Ducati ST4S Sold 1987 Granite Green Targa, 993's, 93 RSA, other 964 coupes, 89 911 Turbo Ruf mods, 90 e30 M3, 07 BMW R1200S STOLEN 94 Speedster |
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Join Date: Oct 2016
Location: On The Road
Posts: 2,285
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Mighty Meatlocker Turbo
Join Date: Apr 2016
Location: North TexASS
Posts: 18,526
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gearhead
Join Date: Nov 2007
Location: Loverland, CO
Posts: 23,516
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Former Options Trader !!!
Join Date: Feb 2003
Location: Bucks County PA
Posts: 6,756
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I don't care anymore. I have other cars which I like better but as a DD which I can hammer on and rack up miles its hard to beat.
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Current:88 Guards Red Coupe, 89 Coupe Track Rat, 76 Caddy Eldo Convert. 2015 Aprilia Tuono Wrecked 1987 Targa Guards Red, 2003 Ducati ST4S Sold 1987 Granite Green Targa, 993's, 93 RSA, other 964 coupes, 89 911 Turbo Ruf mods, 90 e30 M3, 07 BMW R1200S STOLEN 94 Speedster |
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Still here
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Yes, but the risk is a 944 that old and cheap can be neglected and become a huge money pit. A friend of mine has sunk tons of money into his $5k 944. Way underwater.
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1986 Bosch Icon Wipers coupe. |
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1989 Carrera |
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