| double ugly |
01-16-2014 11:27 AM |
Exact at Russo and Steele
On the block Friday between 5 and 5:30 PM.....
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| Austin_Snake |
01-16-2014 12:19 PM |
Is this Auction being televised?
Good Luck!
Richard
Exact #7
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| Karl Bebout |
01-16-2014 08:39 PM |
Double, saw your car today at RS and the only way I didn't drool all over it was by keeping a coffee cup held under my chin. Really nice car! Hope you can get someone to part with what the car is worth.
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| rodneym |
01-17-2014 06:49 PM |
Well?!
How'd it do?
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| gsharapa |
01-17-2014 09:09 PM |
I saw that a CSX6000 sold at Barrett Jackson for $77K Friday.....had a small block and webers however....
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| double ugly |
01-17-2014 10:04 PM |
Exact
The car only got to 65,000 so didn't meet the reserve. I have two contacts that may be interested. It an interesting day.
John
No tv.
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Good luck with the contacts John!
Larry
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| Dimis |
01-18-2014 02:38 AM |
Bit of a personal question, but how much were you hoping to get?
At an auction I'm always factoring in the closing costs.
At $65k what additions fees does a potential buyer need to close the deal?
Perhaps the same buyer may go to $70k (or more) outside of the auction house so to speak
Fwiw - just for market comparisons sake... There are ERA asking $55k and there's a Kirkham on eBay ATM at $85k, polished in all its glory with an all alu KC Efi 482 from memory.
Either way good luck with the sale.
I hope it goes to a good home
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| gsharapa |
01-18-2014 09:32 AM |
Don't be confused with the Kirkham on Ebay at $85K as that is the current bid and the car has been on Ebay in the past and I heard he wants north of $95K. Auctions are very difficult to judge as I saw a Backdraft Cobra sell the other night for high $60s and then that CSX6000 with a small block webers for $77K. The key is two people need to want your car! I know I'm partial on Exact Cobras, but I turned down $79K for mine and with CSX 6000 rollers and Kirkham rollers at $90K today it appears the price band is moving up. If I was going to put my car in an auction, it would be Mecum.
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| itstock |
01-18-2014 10:01 AM |
Quote:
Originally Posted by gsharapa
(Post 1281205)
Don't be confused with the Kirkham on Ebay at $85K as that is the current bid and the car has been on Ebay in the past and I heard he wants north of $95K. Auctions are very difficult to judge as I saw a Backdraft Cobra sell the other night for high $60s and then that CSX6000 with a small block webers for $77K. The key is two people need to want your car! I know I'm partial on Exact Cobras, but I turned down $79K for mine and with CSX 6000 rollers and Kirkham rollers at $90K today it appears the price band is moving up. If I was going to put my car in an auction, it would be Mecum.
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At the bottom of the Kirkham auction
Quote:
Q: whats best price for a deal now? not looking to go back and forth
A: 95K That is less than just the rolling body with options
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That seems like a fair price too.
The Exact doesn't have near the appeal as the Kirkham to most people. |
| double ugly |
01-18-2014 10:23 AM |
exact
I told the advisor I would drop the reserve if I would clear 70k....
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| Bernica |
01-18-2014 11:59 AM |
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| Bernica |
01-18-2014 12:04 PM |
I know....wrong auction! Well, at least B/J will be televised!
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| twobjshelbys |
01-18-2014 04:16 PM |
Did you have to pay a tax for the reserve with no sale? I always wondered how it works
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| double ugly |
01-18-2014 10:53 PM |
exact
To have a reserve it cost 600.00 before Nov 11 but 1200.00 after whether it sells or not. It's an up front cost.
John
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| gsharapa |
01-19-2014 08:07 AM |
John,
So what is the seller's and buyer's fees after the sale? I was looking at the Cobras selling at BJ this weekend and it looks like the buyers are paying 10% on top of the selling fee as that CSX 6000 with the small block and webers sold for $77,000 and they show the selling price with commission at $84,700.
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| Karl Bebout |
01-19-2014 08:54 AM |
I'd heard that the seller also pays a 10% fee, so that, with the buyers' 10% helps cover a little overhead. Yikes! If this is the case, think of the dancing in the streets by the Gooding and RM Auction folks after selling two Ferrari's that went for over $8M each last Friday!
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| double ugly |
01-19-2014 10:14 AM |
The buyer and seller pay 10 % I'm told.
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| twobjshelbys |
01-19-2014 12:04 PM |
Barrett Jackson is 10% buyer's fee (buyer pays 1.1x hammer price), 8% seller's fee (seller gets .92 of hammer price). Seller also pays a somewhat fixed consignment fee but I recall it's around $1000 or less.
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| twobjshelbys |
01-19-2014 12:09 PM |
Quote:
Originally Posted by double ugly
(Post 1281141)
The car only got to 65,000 so didn't meet the reserve. I have two contacts that may be interested. It an interesting day.
John
No tv.
|
Another question. Since most BJ cars are no reserve, but I see Mecum and R&S on reserve that buyers can negotiate after the no sale on the block. Do you still pay the commissions if it sells after? |
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