Anyone else notice the prices the FFR and other Replicas sold for Barrett?

[Steve Cassani]

Do Barrett-Jackson negotiate the sale charges (10%, 8%) for consignments that are known to be worth hundreds of thousands of dollars, or a million and more?

[1985 CCX]

Oh my...................

[SunDude]

Originally Posted by Steve Cassani

Do Barrett-Jackson negotiate the sale charges (10%, 8%) for consignments that are known to be worth hundreds of thousands of dollars, or a million and more?

I don't know. I think there are a few people on this forum who have sold cars through B-J and who might know the answer.

According to the B-J website, sellers must also pay an entry fee for each vehicle offered which varies based on the day and time slot it gets. Entry fees used to range from $600 to $1,500 (circa 2009), but may have increased since then.

[mrmustang]

Originally Posted by SunDude

I don't know. I think there are a few people on this forum who have sold cars through B-J and who might know the answer.

According to the B-J website, sellers must also pay an entry fee for each vehicle offered which varies based on the day and time slot it gets. Entry fees used to range from $600 to $1,500 (circa 2009), but may have increased since then.

For starters:

Listing fee (varies based on time slot, usually $1,000-$2,500)
Selling Fee (usually 10% based on the actual bid price at time of sale)
Buyers Fee-10% added on to actual bid price (IE: Bid 50K, final cost 55K)
There are also fees for detailing the car (unless you want to do it)

Add on shipping the car down to the auction, hotel, gas, tolls, parking, food, etc (if you plan to be there).

Also keep in mind that first your car must be approved by the "auction board" at BJ to see whether it qualifies for their allotted slots. (have not heard of a car being turned down yet).


Bill S.

[lippy]

But if buyers are willing to pay increasingly strong prices, it's good for all of us. The market price for the car really is the listed price plus the buyer's fee.

[mrmustang]

Originally Posted by lippy

But if buyers are willing to pay increasingly strong prices, it's good for all of us. The market price for the car really is the listed price plus the buyer's fee.

I'll say it again, the price of a car at a professional auction like BJ, RM, etc does not have any bearing on the pricing you as a private seller will get when he sells his/her Cobra replica. If you have not personally been to a BJ auction in the last 9 years, you will never understand why this is so.

Bill S.

[lippy]

Originally Posted by mrmustang

I'll say it again, the price of a car at a professional auction like BJ, RM, etc does not have any bearing on the pricing you as a private seller will get when he sells his/her Cobra replica. If you have not personally been to a BJ auction in the last 9 years, you will never understand why this is so.

Bill S.

If the price of a car sold through auction is disconnected from the market for a private seller, then all private sellers would sell their cars through auction to realize higher prices. Of course some bidders get carried away, but otherwise why should the prices at auctions be so much higher than private sales? It doesn't make sense.