News:

We have implemented a Photo Gallery for hosting images right here on SAACFORUM. Check the How-To in News from HQ

Main Menu

RM Sotheby’s 1967 Shelby GT350 - #0008

Started by Hockeylife, March 25, 2020, 08:14:50 AM

Previous topic - Next topic

Bigfoot

^^
Does BAT really charge 5%?
What are they offering that is above and beyond an Ebay?
RIP KIWI
RIP KIWI

prototypefan

BAT has an incredible peanut gallery.

Some of the commenters swing for the fences. For the newbie they give great insight into the cars being offered.

Special Ed

Eric just take a photo with u phone of the picture on your laptop screen I do it all the time and save it on phone plus u can adjust the photo with u phone.

67411F--0100-ENG.

Hello Everyone,

I appreciate all of you who responded to my request regarding saving the photos.  I have been able to successfully save them to my computer.

Thanks,
Eric

sfm5s081

Sold! Didn't seem bad at all. Full commission for online auction! Super low overhead. Probably here to stay

Hockeylife

I don't know, if you sell online via RM Sotheby's you pay a 10% sellers fee. So in this instance, the seller sold for approx $90k, and buyer paid $115k. Again, great for the house. Compare to Bring a Trailer, another online auction, seller only pays $99, and buyer pays 5% of sales price, to a max of $5k. Fees alone are a no-brainer, exposure too, I think is in BaT's favor. To me, if you lose the physical presence, why pay all these fees?

Kent

What does the actual registry say about this GT350 I have seen some things on the pics, but would like to know what the registry says before.
SAAC Member from Germany and Owner of a unrestored 1967 Shelby GT500, 1968 1/2 Cobra Jet´s and some nice Mustang Fastback´s 67/68

SBCARGUY

Well.... We do not know what the seller "actually" paid in sellers commission but... We do know the buyer paid $115,500 "all in"
My bet is the seller did "not" pay 10 percent in sellers commission.


Quote from: Hockeylife on March 26, 2020, 01:00:02 AM
I don't know, if you sell online via RM Sotheby's you pay a 10% sellers fee. So in this instance, the seller sold for approx $90k, and buyer paid $115k. Again, great for the house. Compare to Bring a Trailer, another online auction, seller only pays $99, and buyer pays 5% of sales price, to a max of $5k. Fees alone are a no-brainer, exposure too, I think is in BaT's favor. To me, if you lose the physical presence, why pay all these fees?

Hockeylife

What I posted is the detail found in all auction sites. The details state buyer and seller fees as fixed amounts.
However, make no mistake that both fees are negotiable depending who you are. Sellers here, elsewhere, love to tout inflated prices - hammer plus 10% as a given. Mecum, others now post all-in prices, where a few years ago they only posted hammer prices, leaving it to adults to assume there were buyer fees, but to what amount is private. Now it's easier, self-serving to inflate and just add 10% to everything. Nobody will know what's done in private, no?


Quote from: SBCARGUY on March 29, 2020, 11:27:51 AM
Well.... We do not know what the seller "actually" paid in sellers commission but... We do know the buyer paid $115,500 "all in"
My bet is the seller did "not" pay 10 percent in sellers commission.


Quote from: Hockeylife on March 26, 2020, 01:00:02 AM
I don't know, if you sell online via RM Sotheby's you pay a 10% sellers fee. So in this instance, the seller sold for approx $90k, and buyer paid $115k. Again, great for the house. Compare to Bring a Trailer, another online auction, seller only pays $99, and buyer pays 5% of sales price, to a max of $5k. Fees alone are a no-brainer, exposure too, I think is in BaT's favor. To me, if you lose the physical presence, why pay all these fees?

SBCARGUY

Buyers fees are "non negotiable"...

You are correct about sellers fees depending on who you are, how much business you have done with a particular auction company and so on...


sfm5s081

Entry fee + transportation as well for most sellers