BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read
BIMMERPOST Universal Forums General Automotive (non-BMW) Talk + Photos/Videos Ever buy or sell on Bring a Trailer or Cars and Bids?

Post Reply
 
Thread Tools Search this Thread
      09-15-2020, 02:04 PM   #1
Rotate
New Member
12
Rep
20
Posts

Drives: 2015 AY M4 6SPD, 2014 Viper
Join Date: Feb 2007
Location: Melville, NY

iTrader: (0)

Ever buy or sell on Bring a Trailer or Cars and Bids?

Hey everyone,

Looking for some feedback on these auction sites. As a serial collector, long time petrolhead, and someone who has worked in the industry I've been considering getting into this space. I actually have one of my own cars going onto BaT next week and have mixed thoughts so far regarding the service.

As is best practice, would be super helpful to get some feedback from people with any experience using these sites. What do you like, what do you dislike, what do you wish they would do, etc?

More than happy to pay it forward however I can.

Thanks!
Appreciate 0
      09-15-2020, 02:26 PM   #2
smyles
Major
666
Rep
1,011
Posts

Drives: X5
Join Date: Jan 2012
Location: DC

iTrader: (0)

Check e9x M3 forum.
Appreciate 0
      09-15-2020, 03:19 PM   #3
wdb
dances with roads
wdb's Avatar
United_States
2428
Rep
3,214
Posts

Drives: '07 Z4MC, '07 E93 328i
Join Date: Jul 2015
Location: the perimeter

iTrader: (4)

I bought my Z4MC on BaT. I like the 5% buyer's fee. Seller didn't like the pressure to set a low reserve.

I've also had very strong evidence of shill bidders on BaT, and brought them to the attention of the admins, who essentially ignored me. How strong you ask? The car was local so I went to see it in person. The seller told me his reserve and offered to sell me the car on the spot for a bit less. Later during the last day of bidding the car was pushed up to $100 below reserve by two brand new bidders. Ahem.

All in all though I think BaT does a pretty good job of keeping sellers honest.
Appreciate 1
shadowfax155.50

      09-15-2020, 05:53 PM   #4
TheDudeMan
Private First Class
35
Rep
103
Posts

Drives: 20' 330i & RX 350
Join Date: Aug 2020
Location: SF Bay Area

iTrader: (0)

IMO BaT is a joke. 90% of cars on the site don't represent the actual market, however they are creampuffs. I rather take my chances and use local listing to find cars without middle man fees or local dealers where I can negotiate.
Appreciate 0
      09-16-2020, 02:16 PM   #5
Rotate
New Member
12
Rep
20
Posts

Drives: 2015 AY M4 6SPD, 2014 Viper
Join Date: Feb 2007
Location: Melville, NY

iTrader: (0)

Really appreciate the feedback so far. I too have been suspicious of some of the bidding activity though it is a tough thing to enforce.
Appreciate 0
      09-16-2020, 02:37 PM   #6
j0oftheworld
Private
j0oftheworld's Avatar
22
Rep
63
Posts

Drives: 01 S2k, 20 M2C
Join Date: Apr 2020
Location: PHX, AZ

iTrader: (0)

Careful, as certain cars get NO love on BaT! I think the target audience tends to be +/-80's kids finally getting a chance to buy they're 90's poster cars.
Appreciate 1
..Rush..418.50

      09-16-2020, 04:46 PM   #7
86Zed
Get off my lawn
86Zed's Avatar
United_States
456
Rep
752
Posts

Drives: 6MT
Join Date: Sep 2015
Location: USA

iTrader: (5)

Garage List
Two of my friends have purchased cars on Bring a Trailer without issue. In one instance it was a local car my friend had seen for sale on/off over the course of 18 months.

I myself have bid of 5-6X cars seriously. Sellers in general have been super transparent and cars well represented, however usually sell towards the higher end of the market range in terms of $$
Appreciate 0
      09-16-2020, 05:16 PM   #8
to_riffic
Lieutenant General
to_riffic's Avatar
United_States
623
Rep
12,430
Posts

Drives: rwd
Join Date: Feb 2008
Location: SoCal

iTrader: (35)

Send a message via AIM to to_riffic
Bought my E46 M3 on BaT, no regrets. Seller was local, so it made the process really smooth. Have also bought out of state and have never had an issue outside of BaT
__________________
loud noises
Appreciate 0
      09-17-2020, 05:44 AM   #9
wdb
dances with roads
wdb's Avatar
United_States
2428
Rep
3,214
Posts

Drives: '07 Z4MC, '07 E93 328i
Join Date: Jul 2015
Location: the perimeter

iTrader: (4)

Quote:
Originally Posted by to_riffic View Post
Bought my E46 M3 on BaT, no regrets. Seller was local, so it made the process really smooth. Have also bought out of state and have never had an issue outside of BaT
I bought a local car too. It's a leap of faith to buy sight unseen, to be sure.
Appreciate 0
      09-17-2020, 06:40 AM   #10
Josh-PA
Enlisted Member
34
Rep
38
Posts

Drives: 991.2, 135, z3, x5, e46iT
Join Date: Jul 2019
Location: SEPA

iTrader: (0)

I sold my z3 on BAT. I got good money for the car, but it wasn't a flawless process. The ad took a couple of weeks for them to list after I got them everything they needed. I was very on top of the listing during the live period. The winning bidder flaked out after he won and pretty much disappeared and BAT wasn't helpful. Luckily the 2nd highest bidder and I struck a deal the same day and all went well. Just FYI, once the auction completes, you and the seller are pretty much on your own to close the deal.

https://bringatrailer.com/listing/1998-bmw-z3-23/

I don't think I could have gotten the value for the car I did without having the BAT visibility and it was nice to have a finite period of time for selling (ie: I knew it would be sold at the end of the auction). If I had another car that I thought would do well on there I'd use them again.
Appreciate 1
wdb2427.50

      09-17-2020, 06:41 AM   #11
Josh-PA
Enlisted Member
34
Rep
38
Posts

Drives: 991.2, 135, z3, x5, e46iT
Join Date: Jul 2019
Location: SEPA

iTrader: (0)

Quote:
Originally Posted by j0oftheworld View Post
Careful, as certain cars get NO love on BaT! I think the target audience tends to be +/-80's kids finally getting a chance to buy they're 90's poster cars.
This is very true. I know for instance it is the place for M2 sales to go and die.
Appreciate 0
      09-17-2020, 09:53 AM   #12
to_riffic
Lieutenant General
to_riffic's Avatar
United_States
623
Rep
12,430
Posts

Drives: rwd
Join Date: Feb 2008
Location: SoCal

iTrader: (35)

Send a message via AIM to to_riffic
Quote:
Originally Posted by Josh-PA View Post
I sold my z3 on BAT. I got good money for the car, but it wasn't a flawless process. The ad took a couple of weeks for them to list after I got them everything they needed. I was very on top of the listing during the live period. The winning bidder flaked out after he won and pretty much disappeared and BAT wasn't helpful. Luckily the 2nd highest bidder and I struck a deal the same day and all went well. Just FYI, once the auction completes, you and the seller are pretty much on your own to close the deal.

https://bringatrailer.com/listing/1998-bmw-z3-23/

I don't think I could have gotten the value for the car I did without having the BAT visibility and it was nice to have a finite period of time for selling (ie: I knew it would be sold at the end of the auction). If I had another car that I thought would do well on there I'd use them again.
Quote:
Originally Posted by Josh-PA View Post
I sold my z3 on BAT. I got good money for the car, but it wasn't a flawless process. The ad took a couple of weeks for them to list after I got them everything they needed. I was very on top of the listing during the live period. The winning bidder flaked out after he won and pretty much disappeared and BAT wasn't helpful. Luckily the 2nd highest bidder and I struck a deal the same day and all went well. Just FYI, once the auction completes, you and the seller are pretty much on your own to close the deal.

https://bringatrailer.com/listing/1998-bmw-z3-23/

I don't think I could have gotten the value for the car I did without having the BAT visibility and it was nice to have a finite period of time for selling (ie: I knew it would be sold at the end of the auction). If I had another car that I thought would do well on there I'd use them again.
Yeah. They ban those that flake out and I guess you could make another account and bid on something else but I just didn't want that to happen nor intended that to occur.
__________________
loud noises
Appreciate 0
      09-17-2020, 11:54 PM   #13
bagekko
Captain
bagekko's Avatar
United_States
185
Rep
601
Posts

Drives: Lots of BMWs
Join Date: Aug 2013
Location: RI/MA

iTrader: (0)

Garage List
2017 BMW X5 35d  [0.00]
1995 540i  [0.00]
2008 BMW M5  [0.00]
2013 BMW 135i Cabrio  [0.00]
Never bought or sold, but IMHO its gotten to big and greedy. From people I know that have sold on it, they aren't as great to deal with as they used to be in the past. Almost everything ends up overpriced, to often I can't believe what cars have sold for. The community that comments still its best feature, though the comments can get brutal and not constructive more often these days. I feel they are spoiling and inflating the market as Barrett Jackson did to muscle cars. Like ebay in beginning BaT used to be mostly individuals selling, way to many dealers and brokers selling on it now.
__________________
2008 BMW M5 6spd
1995 BMW 540i 6spd
2016 BMW M4 Vert 6spd
2017 BMW X5 35d MSport
2019 BMW i3 120ah REX
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 06:11 PM.




bmw
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2020, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST