How long till the £20k Evora?
Discussion
blueg33 said:
Surely that only applies if you own a BMW320d or the other supercar an Audi of any flavour?
The only Audi I've ever owned was a £900 Princess Di spec Cabriolet. Also blue. 
Back on topic, I'm watching this auction with interest. Finishes up this evening, thirty-nine bids so far, standing at 21.5K. Blace your bets now on where it will finish. If it goes for under thirty it's a bargain (It's an S, and it's had the clutch and gearbox work.)
https://collectingcars.com/for-sale/2011-lotus-evo...
Ryvita said:
blueg33 said:
Surely that only applies if you own a BMW320d or the other supercar an Audi of any flavour?
The only Audi I've ever owned was a £900 Princess Di spec Cabriolet. Also blue. Back on topic, I'm watching this auction with interest. Finishes up this evening, thirty-nine bids so far, standing at 21.5K. Blace your bets now on where it will finish. If it goes for under thirty it's a bargain (It's an S, and it's had the clutch and gearbox work.)
https://collectingcars.com/for-sale/2011-lotus-evo...
Should be interesting!!
Ryvita said:
Best of luck! I'd love to be bidding but I suspect it's soon to go above my price-range. What made you decide togo for an auction sale?
I was going to put it on Autotrader with a good until sold ad but I'd been seeing a few of these more prestige specialist auction sites spring up. I like the fact they do a decent description and offer a lot of photos to give buyers confidence - something many more popular for sale sites don't. What made you decide togo for an auction sale?Not particularly in a rush to sell but its time for a change so selling it this way (hopefully quickly) seems like a good idea. Also, as a seller its free...
Pedal_Loud said:
I was going to put it on Autotrader with a good until sold ad but I'd been seeing a few of these more prestige specialist auction sites spring up. I like the fact they do a decent description and offer a lot of photos to give buyers confidence - something many more popular for sale sites don't.
Not particularly in a rush to sell but its time for a change so selling it this way (hopefully quickly) seems like a good idea. Also, as a seller its free...
Interesting. I've not seen this particular auction format before, but I would agree that the write up and pictures do a good job of informing buyers and displaying the car's merits. Is there a reserve set? Does the system provide opportunity for questions and answers between bidder and seller or is it sold as seen? It's got to have a fee structure somewhere, so is that loaded onto the buyer, or is it a commission % out of the seller? Is the payment escrowed at auction close or is it ebay style with the buyer able to back out at any point up to the hand-over?Not particularly in a rush to sell but its time for a change so selling it this way (hopefully quickly) seems like a good idea. Also, as a seller its free...
Ryvita said:
Interesting. I've not seen this particular auction format before, but I would agree that the write up and pictures do a good job of informing buyers and displaying the car's merits. Is there a reserve set? Does the system provide opportunity for questions and answers between bidder and seller or is it sold as seen? It's got to have a fee structure somewhere, so is that loaded onto the buyer, or is it a commission % out of the seller? Is the payment escrowed at auction close or is it ebay style with the buyer able to back out at any point up to the hand-over?
There is a reserve set yes, although it's likely to be lowered later! If it doesn't sell I believe it goes to the buy now tab.Q&A - yes within the bidding section at the bottom of the screen, as the seller I get e-mailed when a new question is posted.
Buyer pays 6% of purchase price immediately to Collecting Cars when the auction ends - there are some high/low thresholds.
No payment is escrowed, the transaction then becomes a private sale with CC introducing the buyer, presumably based on the assumption that the buyer having paid the 6% will be invested enough to complete the purchase.
So far the experience has been very good, supported with personal account management and reassurances that most transaction complete accordingly etc.
Christ, 6%? That's a hell of an "introduction fee" for the right to buy a car. £1800 on a £30K purchase. I guess it works though if, as you say, it's been a good experience so far and they certainly have some nice machinery up currently.
I notice you've got the highest number of bids of any sales on their site currently. I hope that means you've got lots of eager fish in the water competing for the bait!
Camping out for 9PM.
I notice you've got the highest number of bids of any sales on their site currently. I hope that means you've got lots of eager fish in the water competing for the bait!
Camping out for 9PM.
Pedal_Loud said:
I was going to put it on Autotrader with a good until sold ad but I'd been seeing a few of these more prestige specialist auction sites spring up. I like the fact they do a decent description and offer a lot of photos to give buyers confidence - something many more popular for sale sites don't.
Not particularly in a rush to sell but its time for a change so selling it this way (hopefully quickly) seems like a good idea. Also, as a seller its free...
Although free in theory, surely any buyer would take in to account the buyers fee, and look to pay circa 6% less or include it in their bid. In effect, surely the seller then sees 6% less as well?Not particularly in a rush to sell but its time for a change so selling it this way (hopefully quickly) seems like a good idea. Also, as a seller its free...
Either way, an interesting concept and so long as they are reasonable with the reserve they let you set, then there are no losers, especially if you get a quick sale.
Guess there are contracts in place to stop buyers tracking down sellers and saving on the fee?!
Best of luck with the sale (even though I've already said that on FB) and I too shall be watching with interest.
Fingers crossed a few bidders get over excited!
My commiserations.
hyphen said:
What is the extended time feature?
Ryvita said:
The website has an anti-snipe feature that adds two minutes to the time if any bid is placed in the last seconds.
I think it's for any bid placed within the last two minutes. It resets the time to go to 2 minutes giving any other bidders time to respond. It's very exciting to watch!Bert
Ryvita said:
Auction finished after two extensions at £25,500... Four bidders shooting for it. I am surprised, I thought it would have gone at least a few k higher than that.
May not have made the reserve but if it did that is a surprising price for an S.
YesMay not have made the reserve but if it did that is a surprising price for an S.
Shows what people are willing to pay which is probably the true price right now
fastraxx said:
Ryvita said:
Auction finished after two extensions at £25,500... Four bidders shooting for it. I am surprised, I thought it would have gone at least a few k higher than that.
May not have made the reserve but if it did that is a surprising price for an S.
YesMay not have made the reserve but if it did that is a surprising price for an S.
Shows what people are willing to pay which is probably the true price right now
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