Theory on why BAT gets higher prices than Ebay

[McLovin]

You can see the softening in the market in the BaT auctions.

Look at the auctions that closed today and Friday.

More percentage of "Reserve Not Met" than ever. It's really a large number.

BaT tries to prevent Reserve Not Mets by forcing a "lowball" reserve (I know, I've gone through it with them).

And, historically, in the rising market they were pretty good with their estimates. The vast majority of their auctions met reserve.

But even their low reserve numbers aren't low enough for the realities of the declining market. They are now behind the curve on the decline. Thus the high number of Reserve Not Mets.

They, like everyone else, need to recalibrate their numbers.

[billh1963]

Originally Posted by McLovin

You can see the softening in the market in the BaT auctions.

Look at the auctions that closed today and Friday.

More percentage of "Reserve Not Met" than ever. It's really a large number.

BaT tries to prevent Reserve Not Mets by forcing a "lowball" reserve (I know, I've gone through it with them).

And, historically, in the rising market they were pretty good with their estimates. The vast majority of their auctions met reserve.

But even their low reserve numbers aren't low enough for the realities of the declining market. They are now behind the curve on the decline. Thus the high number of Reserve Not Mets.

They, like everyone else, need to recalibrate their numbers.

shhhhhhh....a few people on here are adamant the market is not declining

[Skwerl]

Originally Posted by billh1963

shhhhhhh....a few people on here are adamant the market is not declining

You just need to be careful about phrasing it as "the market for average cars is declining," so you aren't bombarded with anecdotes about a guy whose buddy totally just sold his 5,000-mile 964 C4 for $200k the other day.

[Rawknees'Turbo]

Originally Posted by Skwerl

You just need to be careful about phrasing it as "the market for average cars is declining," so you aren't bombarded with anecdotes about a guy whose buddy totally just sold his 5,000-mile 964 C4 for $200k the other day.

Wouldn't 5000 miles relegate that car to basketcase, beater status requiring $25K plus to make right?!?!?!

[Rick Brooklyn]

Isn't declining fast enough. I want my no-rust, all original # matching condition 2.5 Irish Green 356 for $50k, and I want it now.

[Matt Monson]

Originally Posted by Rick Brooklyn

Isn't declining fast enough. I want my no-rust, all original # matching condition 2.5 Irish Green 356 for $50k, and I want it now.

Shyte. I want one for $18,500 like they used to be for a 64 SC when I got into this thing. Still holding out for my neighbor to sell me his B coupe that needs a top end engine job. But so far he won't even let me in the barn.

[GothingNC]

This SC Coupe is now at $30K now with 2 days left.

Paint overspray
warped dash
Not sure if mileage is accurate
replica fuchs

Plus is it had the head studs replaced.

1980 Porsche 911SC Coupe | Bring a Trailer

[matt930s]

Originally Posted by GothingNC

This SC Coupe is now at $30K now with 2 days left.

Paint overspray
warped dash
Not sure if mileage is accurate
replica fuchs

Plus is it had the head studs replaced.

1980 Porsche 911SC Coupe | Bring a Trailer

Love that color. Had it on a old 928....

MattR

[GothingNC]

Originally Posted by matt930s

Love that color. Had it on a old 928....

MattR

One of my favorite color's too !

[ficke]

Originally Posted by GothingNC

One of my favorite color's too !

The way people talk about color on cars really lets me know I am missing something, because I must be so color blind, I just do not get 'it'

[Rick Brooklyn]

Originally Posted by GothingNC

This SC Coupe is now at $30K now with 2 days left.

Paint overspray
warped dash
Not sure if mileage is accurate
replica fuchs

Plus is it had the head studs replaced.

1980 Porsche 911SC Coupe | Bring a Trailer

Head studs replaced, if done right (big if) it's actually a pretty good thing, no?

[Rawknees'Turbo]

Originally Posted by ficke

The way people talk about color on cars really lets me know I am missing something, because I must be so color blind, I just do not get 'it'

IckyFicke, I understand how some people like certain colors more than others, butt what I don't get is how car color supposedly plays a role in what a car is worth (the whole "it's a desirable, flesh tone, fecal matter, or shrubbery color, so the car as a whole is worth more") - that is bizzarro to me.

[matt930s]

Wtf...lol....

I just said I liked the color...lol... Reading way too much into it fellas...
Btw, I also like India Red.....oh the inhumanity!




MattR

[Matt Monson]

That blue is the color I drooled over as a kid. That was THE color for me.

[Rawknees'Turbo]

Originally Posted by matt930s

Wtf...lol....

I just said I liked the color...lol... Reading way too much into it fellas...
Btw, I also like India Red.....oh the inhumanity!

I wasn't referring to you, Phat - I don't recall you making a "worth more because looks like some color the dog barfed up" statement.

[ficke]

No, I really am color blind. I really do not see much difference between greens and red and blues.
I know cars are visual things to many people and that is why car shows or so popular, but I am 'blind' to it.
Maybe that is why I pretty much see cars as dynamic things that need to be enjoyed while in motion, and do not get much out of the static visual thing with them. Like car shows and such.
I go to them, but I really do not 'get' it.
Just my view. Nothing more.

[specialtyoneinc]

Originally Posted by Rawknees'Turbo

IckyFicke, I understand how some people like certain colors more than others, butt what I don't get is how car color supposedly plays a roll is what a car is worth (the whole "it's a desirable, flesh tone, fecal matter, or shrubbery color, so the car as a whole is worth more") - that is bizzarro to me.

I'm with you. I can understand a collectors piece being worth a whole lot more due to a super rare color but people paying huge premiums on run of the mill/driver condition air-cooled 911s is quite funny. Imagine if Guards Red or Black was only a PTS color offered from Porsche in the 80s.

[Matt Monson]

I like the poop colors but would never buy one. I stick to the Skittles colors; blues, greens, oranges, and yellows in particular.

[Rawknees'Turbo]

Originally Posted by Matt Monson

I stick to the Skittles colors; blues, greens, oranges, and yellows in particular.

MLP approved, MountainMan (not that there's anything wrong wiff dat')!

[sugarwood]

Wow, I would have thought this is closer to a 9k car.
1989 Mercedes-Benz 560SL | Bring a Trailer