Classic car Sales: Dealer or Auction ?
Discussion
Hi, I have read a number of articles with named companies both good and bad and rang two classic car dealers.
I just wondered through experience of the members if for classic cars do you tend to use an auction house like classiccars and silverstone or do you go more for a classic car dealer of that car type
I have been speaking to a dealer who explained the process they use, which sounds similar to an estate agent and they would host the car.
I have also read reviews of the auction houses.
A private sale is not really an option for one of the cars TBH.
So wanted to draw on member experience.
I just wondered through experience of the members if for classic cars do you tend to use an auction house like classiccars and silverstone or do you go more for a classic car dealer of that car type
I have been speaking to a dealer who explained the process they use, which sounds similar to an estate agent and they would host the car.
I have also read reviews of the auction houses.
A private sale is not really an option for one of the cars TBH.
So wanted to draw on member experience.
I would be careful with hosted sales as there have been stories of dealers going bust and the cars vanishing, but probably few and far between. I was going to put one of mine through silver stone auctions but someone contacted me through the owners club wanting to buy it (unsolicited) so that was brilliant.
What cars are they by the way?
What cars are they by the way?
Try these guys
http://www.tradeclassics.com/
They sold my Vitesse 6 for me, and could not have been any more helpful. They come and document and photograph the car in incredible detail, describe it honestly including videos of cold start and a drive with the owner, and it's free! The buyer pays the commission. Just look at any one of their listings and you'll get the jist. The buyer also pays the seller directly, before collection.
http://www.tradeclassics.com/
They sold my Vitesse 6 for me, and could not have been any more helpful. They come and document and photograph the car in incredible detail, describe it honestly including videos of cold start and a drive with the owner, and it's free! The buyer pays the commission. Just look at any one of their listings and you'll get the jist. The buyer also pays the seller directly, before collection.
Cheers for that they look similar to how another one works which I have contacted.
At least then its a fair comparison, I will contact both.
A few dealers have been honest in that if they cant see it they cant get a value on it. It not the easiest of time when some of these companies are 6 hours away.
Main issue its a tricky one to value, as its almost a classic replica !
Moderator edit: no advertising please.
At least then its a fair comparison, I will contact both.
A few dealers have been honest in that if they cant see it they cant get a value on it. It not the easiest of time when some of these companies are 6 hours away.
Main issue its a tricky one to value, as its almost a classic replica !
Moderator edit: no advertising please.
Google every single dealer/trader you find. Use terms like "dealer name problem" and "dealer name issue".
Use companies house to see how recent their current company has been trading.
Scour the forums (not this one as name & shame is banned) for potential red flags.
Lots of due diligence.
Use companies house to see how recent their current company has been trading.
Scour the forums (not this one as name & shame is banned) for potential red flags.
Lots of due diligence.
That's been really helpful I have contacted three of the auction sites and will see how it goes.
2 are where the seller pays the fees and also have a query in with Silverstone.
Hoping the photos and video walk throughs will be enough to get some idea of reserve price.
The idea will be to almost trial it with the cheaper BWM first before putting the Porsche through !
We are not in the subscription members club.
2 are where the seller pays the fees and also have a query in with Silverstone.
Hoping the photos and video walk throughs will be enough to get some idea of reserve price.
The idea will be to almost trial it with the cheaper BWM first before putting the Porsche through !
We are not in the subscription members club.
The Porsche is on hold at the moment while we try the selling of a1985-bmw-e28-m535i on one of the auction sites above.
Which is ok as have had chance to go out in it a few times !!
Experience so far has been the photos we did and video were no where really near the quality they wanted.
This resulted in a payment to a photographer. A lot of details were asked about the car which on this model was fairly easy as my father in law knew the car from new, and the actual previous owners.
So far a number of questions have been asked and a few people wanting a call back. It's on for a week so will report back the end to end experience.
Been ok so far...
Which is ok as have had chance to go out in it a few times !!
Experience so far has been the photos we did and video were no where really near the quality they wanted.
This resulted in a payment to a photographer. A lot of details were asked about the car which on this model was fairly easy as my father in law knew the car from new, and the actual previous owners.
So far a number of questions have been asked and a few people wanting a call back. It's on for a week so will report back the end to end experience.
Been ok so far...
https://collectingcars.com/for-sale/1985-bmw-e28-m...
I'm just about to try and sell my Alfa on Collecting Cars. Was this yours and how was the experience if so?
Cheers
I'm just about to try and sell my Alfa on Collecting Cars. Was this yours and how was the experience if so?
Cheers
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