Barrett Jackson Scottsdale 2024 Cobra Prices

[1795]

Remind me that when it is time to sell my cobra that I should take it to Barret Jackson, along with a case of bourbon and beer to pass around just before bidding starts....

[nkb]

Originally Posted by 1795

Remind me that when it is time to sell my cobra that I should take it to Barret Jackson, along with a case of bourbon and beer to pass around just before bidding starts....

Remember that the final prices shown include a 10% buyer's premium and an 8% sellers fee. So, the seller sees 83.6% of the final price. Thus, for the $407K car the seller would receive $340.4K, a discount of $66.6K. Not to mention additional selling costs like transport, insurance, travel (if attending), etc.

Also, consider that all BJ cars must be offered at no reserve. So, you have no guarantee of getting the price you might expect.

Note the CSX 7000 that sold for $110K, $92K to the seller. Doesn't compare particularly well to other CSX 7000 sales elsewhere. Seller probably expected more.

[twobjshelbys]

Originally Posted by nkb

Remember that the final prices shown include a 10% buyer's premium and an 8% sellers fee. So, the seller sees 83.6% of the final price. Thus, for the $407K car the seller would receive $340.4K, a discount of $66.6K. Not to mention additional selling costs like transport, insurance, travel (if attending), etc.

Also, consider that all BJ cars must be offered at no reserve. So, you have no guarantee of getting the price you might expect.

Note the CSX 7000 that sold for $110K, $92K to the seller. Doesn't compare particularly well to other CSX 7000 sales elsewhere. Seller probably expected more.

The prices shown include the 10% buyer's commission.

I always base yields on the hammer price. For a hammer price of 10,000:

Buyer pays 11000 (+10%, 1.1xHammer)

Seller gets 9200 (-8%, .92xHammer)

I can attest to the no reserve. I wanted reserve on my GT and they were doing it for the last time, and I traded no reserve for extremely good placement, still only got about 2/3 of their estimate.

I too would have thought CSX7010 would have gotten more. It's a pretty good deal, but the paint job might have turned people off - for 110K I could get it repainted and still be happy.