On the Impreza listing alone, there were 600+ comments before the auction closed. Each snapshot uses historical data from past auctions and compares it to the current auction at that point in time. Canadas motor vehicle safety standards closely resemble our Federal requirements. Despite the sites popularity and the wealth of vehicles available through its auctions, a surprising number of gear heads have at best, a tenuous grasp on how to actually purchase a vehicle on BaT, much less how to navigate the finer points and features offered by BaT. Heres a quick and helpful guide. When you win, Bring a Trailer takes their fees instantly If you become the winner of an auction, your financial account will be billed BaTs fee: 5% of the final bid I believe that if a winning bidder backed out that BaT would keep the deposit and bar that person from using their site for life. The bidder is responsible for knowing what theyre bidding on, poring over the photos and written description, reaching out to the seller, and scheduling an appointment to see and test out a vehicle. Comparable Wait until fairly late in the game, when the bids slow down put in a slightly higher one and the bidding war will commence. Each seller must pay $99 to list their vehicle. Each auction has a comment thread where the BaT community discusses the vehicle and asks the seller questions. New auctions happening every day display the full spectrum of used cars, from budget projects to million-dollar works of art. Our AC Cobra also was from New Orleans! With manual CPC, you select the price that you're willing to pay for each click. There was a lot of trepidation and uncertainty on their side and we put it all together for them.. About the AuthorBrian Jones is an ASE Certified Master Tech that lives outside of Dallas, TX with his wife and children. If a vehicle fails to reach or meet a sellers reserve it wont be sold and the top bidders has the 5% fee waived. I bid $10k and the next bid was $20k. (The 5 percent fee is capped at $5,000; buyers who win an auction at a price of more than $100,000 still pay just $5,000.). I deal with people like this a lot, 100K is a rounding error for some of them on their monthly credit card charges. During the final two minutes of an auction on Bring a Trailer, the clock resets whenever a bid is placed. Once there are no more bids coming in, the time runs out. This practice ensures that everyone has the chance to place their bids and it allows the seller to receive a fair value for their vehicle. What Im really curios about are very few follow ups from the buyers on their experience. Awesome trailer photo editing is really important for business improvement. With the information and photos provided by the seller, our auction specialists craft an honest and informative listing for the vehicle. bring a trailer bidding strategy Everything is done auction-style on BaT, so if you want to win, you must be the highest bidder though in the final 2 minutes of bidding, the clock resets to 2 minutes whenever a new bid is received, preventing bid sniping and ensuring the seller gets top dollar. bidding on BaT works like a live auction in the real world (not like Ebay) where you pay a small amount over the next highest bidder so if you bid $15k then the bid is $15k. Bring a Trailer works differently depending on whether youre buying or selling: Buying: Potential bidders can use Bring a Trailer to ask questions, schedule a The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes. | #LowBuckWednesday, Import lovers: See some of the best at Carlisle on May 12-13. Mine sold for 2600 but that was the day the economy went sideways. I wanted $53K and they said $47K, take it or leave it. Buyer beware in these situations because theres minimal oversight and you could buy a real junker by complete accident. Where last minute rapid fire bidding makes it easy to get caught up in the adrenaline and just keep clicking "bid". International bidding does obviously make it substantially harder to arrange an in-person appointment to inspect or test-drive a vehicle. Though the prospect of making such a significant purchase over the internet may seem daunting and intimidating, the reality is using BaT is remarkably simple, intuitive, and straight-forward. So, if you plan to purchase a car for more than $100,000, at least you know the fees wont be more than $5,000. Probably lots of exceptions to a rule about mileage, but still an important one overall. I used to check out listings on BAT all the time and had high hopes to sell my car for big money but the process to get your car listed in ridiculous and I have to really wonder if people are actually paying the final bid prices posted? A few weeks ago, collector car auction site Bring a Trailer sold a Midnight Purple II 1999 Nissan Skyline GT-R V-Spec for just over $315,000. The BaT team deals with a number of people who have slow internet connections and limited computer skills, Beatty says, and they have a large senior audience. The odds of encountering someone willing to get amodified 134k mile997 at any cost are not high. Sniping protection extends the auction clock by two minutes each time a bid is placed in the auctions final moments. This famed auction site causes many of us to spend lots of hours drooling over vintage, collectible and rare vehicles. The highest bidder at the end of the auction period wins. Half the time, eBay sellers wont even respond at all. Bring a Trailer has become an obsession for many auto enthusiasts. All sellers need to work with a BaT team member to design an informative and honest listing for the vehicle. Manual Cost Per Click (CPC) Similar to the manual strategies for Facebook, if you want to have more control over the cost and spend, this is a good strategy for you. It may be March, but winter's not done with Michigan. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. a thread about the car will be started when I pick it up next week. Want to head straight to our FAQ? I too bid on BaT auctions once in a while. Tips and Trends to Know When Selling on Bring a Trailer Bring a Trailer PcUqYqLzPMLQVzBeZJ5vc88G0qdfe4hkHLjt7y9tckgbrxK5AxmRbhMAb065GSWb. If you buy from a link, we may earn a commission. If someone else bids above, then great they get to sell the car above the reserve. I stepped in to help my wife and had a phone call with the dealer, located in New Orleans, who had the car on consignment. Shill bidding on Bring A Trailer? | FerrariChat Good faith practices recommended by the site ask the seller to send the buyer a copy of the Bill of Sale and title before the buyer sends the payment. Too early for top-down driving? To actually bid on a vehicle you need to set up an account in which you list a valid credit card. Competition is a great thing. Luckily, we know a lot of photographers in the Scottsdale area so we were able to stage it nicely nearby and help them go through their records and tackle a task that was very daunting. Can i get it back? In other words, many knowledgeable people have viewed the car in question so that you dont have to. You dont even need a bunch of fancy machine learning stuff to get close. The most valuable asset in todays world is peoples attention, Swig says. My Wife Was The High Bidder On A Bring A Trailer Auction - But I got a pilot's license a few years back and wanted to buy a plane, and I got really into learning how planes get priced, so I ended up taking that to the logical conclusion of building an entire model around how planes get priced in order to (a) understand it completely myself and (b) share those results with the aviation community. You can lower the reserve at any time during a live auction, however, if it looks like the price isnt going to get there. No longer are motorcycle and automotive enthusiasts limited to the available offerings in their local classified sections, with a number of big websites that now offer specialty vehicle auction services that cater to an immense array of vehicles from all genres and eras. Have fun, I'm sure it's a great car and $250 is nothing thank you. I think I actually passed over that since we don't have good time-series on how # of watchers evolved over the course of the auction so we can't build a back-filled model on it reasonably. I think this is just evidence that it's all a crapshoot, but in my mind it goes the other way too. My Wife Was The High Bidder On A Bring A Trailer Auction - But All of these things considered make BaT Auctions a great option when you are looking to buy or sell a rare collectible vehicle and we arent being paid to say that! Anyway the process takes ridiculously long and they take 4-5 days to reply to e-mails and there is no one you can actually call and speak to and they wont provide a timeline on the process which for me is not very professional and you should be able to provide customers a timeline for service. In case youve never heard of it, Bring a Trailer is one of the internets best automotive-themed sites. Since then, I have shot something like 25 listings, and I've adjusted and fine That's an excellent feature. So good news I got the car :) bad news, I paid $250 more than I wanted to. A lot of them were driven daily and even broke down at some point. The technical storage or access that is used exclusively for statistical purposes. If you're bidding against mere mortals you may come out on top without going beyond a price you're comfortable with. At the close of the auction, the seller receives the contact information of the highest bidder. Not here in Florida. If you read the description and still have a question, sellers are happy to add more photos or details at your request, or you can post your question to Bring a Trailers infamous comments section where several people seem to know every little detail about each car that is auctioned. You must register to bid to place bids on BaT. We have the answers to most common questions in our Frequently Asked Questions. Contacting the seller of a vehicle can only be done through BaT. If I have my own subjective, mushy-brain qualitative reasons for thinking that a car is probably a good deal for me, and a more hard nosed model is saying it's fairly priced and it's unlikely there'll be another of comparable value on the market any time soon? each time a bid is placed, giving everyone a fair chance to place their maximum bids. /r/Cars is the largest automotive enthusiast community on the Internet. You were bidding against people like yourself. Buyers pay five percent with a $250 minimum and the fee maxes out at $5,000. Why pick BaT over an auction house like Sothebys or Barrett-Jackson? Winning Strategies for Bidding in Timed

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