Theory on why BAT gets higher prices than Ebay - Page 2

specialtyoneinc · 09-08-2016, 08:25 AM

Quote:

Originally Posted by Djs36345

im not sure why everyone is lauding BAT as such a great thing for the seller. It looks as if cars are going for wholesale prices. Selling privately gets you more money in the end. Maybe for the less drama factor, sure.

It really depends on the car/auction. BAT is a pretty good gauge for classic/enthusiast German, Italian, & Japanese sport car markets. I rarely see wholesale deals on these type of cars. If anything BAT is the place to sell certain models (BMW 2002 etc...)

Djs36345 · 09-08-2016, 10:29 AM

Quote:

Originally Posted by artie_nash

Buyers are liars and sellers are too...In my opinion and experience anything you can do - everything else being equal - to neck down and reduce your exposure to the dreamers, freaks, flakes, floaters, scam artists, shill bidders, screamers and wannabes will increase the likelihood of a successful transaction...So many people have so many misconceptions about motor vehicles in general and the market reality in particular it's a wonder to me anything ever gets sold...Almost every legitimate commercial dealer in the United Sates reports the financial details of nearly every transaction to a handful of central data aggregators for the purpose of establishing and measuring the market...But the mounds of data generated are only as meaningful as the party interpreting same...After many years of buying and selling at practically every level of the marketplace I have concluded a successful vehicle transaction is a lot like settling a civil action: If both parties feel like they could have done a little bit better it was probably within the parameters of reality...Your mileage may vary...RTN/XXX/OOO

"Buyers are liars and sellers are too...In my opinion and experience anything you can do - everything else being equal - to neck down and reduce your exposure to the dreamers, freaks, flakes, floaters, scam artists, shill bidders, screamers and wannabes will increase the likelihood of a successful transaction"

How does one go about doing this???

sugarwood · sugarwood's Garage

Quote:

Originally Posted by Djs36345

im not sure why everyone is lauding BAT as such a great thing for the seller. It looks as if cars are going for wholesale prices. Selling privately gets you more money in the end. Maybe for the less drama factor, sure.

240Z with a repaint just went for $27k
1973 Datsun 240Z | Bring a Trailer

An E30 M3 with over 200k miles just went for $40k
1988 BMW M3 | Bring a Trailer

Are these wholesale prices?

Djs36345 · 09-11-2016, 08:07 AM

Quote:

Originally Posted by sugarwood

240Z with a repaint just went for $27k
1973 Datsun 240Z | Bring a Trailer

An E30 M3 with over 200k miles just went for $40k
1988 BMW M3 | Bring a Trailer

Are these wholesale prices?

thanks for the personal anecdotes.

sugarwood · sugarwood's Garage

You're welcome, but they're not personal. And an anecdote is a singular point. With 2 data points, you have, well, data. Not an anecdote.

Matt Monson · 09-11-2016, 09:02 AM

Quote:

Originally Posted by sugarwood

You're welcome, but they're not personal. And an anecdote is a singular point. With 2 data points, you have, well, data. Not an anecdote.

It's still anecdotal evidence. It's even less valid than you slantnose assertation.

sugarwood · sugarwood's Garage

So what is your point? I'm saying, along with most people, that BAT has higher sale prices. I gave a few examples. You're more than welcome to prove rigorously otherwise.

Matt Monson · 09-11-2016, 09:14 AM

Quote:

Originally Posted by sugarwood

So what is your point? I'm saying, along with most people, that BAT has higher sale prices. I gave a few examples. You're more than welcome to prove rigorously otherwise.

My point is someone said thank you and you were a divk to him.

sugarwood · sugarwood's Garage

I felt he was the one being a dick. The "thanks" was facetious, as I interpreted it, and was emphasized by the anecdotal dig.

Skwerl · 09-11-2016, 09:23 AM

All's you have to do is put your anecdotes into a spreadsheet. BOOM! Data.

techweenie · techweenie's Garage

Quote:

Originally Posted by Skwerl

All's you have to do is put your anecdotes into a spreadsheet. BOOM! Data.

True fact.

Just be sure the sum total of your anecdotes make a valid sample and that the sources are entirely without bias.

;-)

maninblack · 09-11-2016, 10:13 AM

Quote:

Originally Posted by Djs36345

thanks for the personal anecdotes.

Exactly.

mreid · 09-11-2016, 10:29 AM

Stand back and let us professionals on BaT school you in the ways of dissecting the minutiae of your vehicle, while the thumb suckers on eBay standby gawking at their own incompetence.

Sugarwood, I look forward to meeting you in the future when my lake house is complete north of nyc.

Rawknees'Turbo · 09-11-2016, 11:06 AM

Quote:

Originally Posted by mreid

Sugarwood, I look forward to meeting you in the future when my lake house is complete north of nyc.

^^^

***forum dating***

Woody, your assessment of that "thanks" post looks spot on to me - was undoubtedly a sarcastic rip (not that there's anything wrong wiff dat'!).

mreid · 09-11-2016, 11:33 AM

You know I moved to Texas to be near you.

sugarwood · sugarwood's Garage

Quote:

Originally Posted by techweenie

True fact.

Just be sure the sum total of your anecdotes make a valid sample and that the sources are entirely without bias.

;-)

You're right. Cars on BAT actually sell for pennies on the dollar. I happened to pick the only two auctions in the the last two years that actually sold above 16 cents. Carry on with completely missing the point of anything.

DCAlbarran · 09-11-2016, 12:35 PM

I wouldn't think the eBay sales even make a valid data point as these are not always completed sales. Search sold vehicles, and you'll see that a particular vehicle may have been "sold" on eBay 3 or 4 times, then relisted. These winning bids are non-binding, whereas sales on BaT and live auctions are. (yeah, i guess technically BaT winners can back out an lose only the buyers premium, but I have only heard of it happening once, with over 1000 auctions).

Djs36345 · 09-11-2016, 12:42 PM

what other auction sites or live auctions that post their results online are out there? so far I only know BAT and ebay. Mecum and Monterey etc don't post their results or I don't know how to access them.

McLovin · 09-11-2016, 02:12 PM

At this time, many bidders believe that the cars have somehow been "vetted" by BaT in some way.

Which, having sold a car on BaT, I can tell you is not true.

It's also kind of a "new" thing.

McLovin · 09-11-2016, 02:13 PM

I do agree, though, car as a whole tend to go for over market value on BaT (at least at this time).

That's why I sold my car there. And was very happy with the result.