[DeTomaso] Fwd: Re: BAT
Dave Londry
davel at trguys.com
Sat Feb 15 13:53:28 EST 2020
That sounds odd. BAT has a simple Seller Reserve Price setting.
I don't know why the seller didn't use it.
It's not unusual for a deal to be completed after a reserve-no sale.
(and all BAT gets is the $99 listing price)
dave
On 2020-02-15 8:39 a.m., Julian Kift wrote:
> Mike,
>
> Thanks for that information, I'm happy to hear it worked out for both
> parties, but alarmed that BaT wouldn't at least be made aware. It
> skews average sales price at best and is dishonest practice by the
> seller at worst.
>
> So along with Tom's input seems BaT does have some occasional issues;
> there are deadbeats everywhere I guess and unfortunately the era we
> grew up in where a mans word and a handshake are good is rapidly
> diminishing.
>
> Julian
> ------------------------------------------------------------------------
> *From:* Mike Drew <MikeLDrew at aol.com>
> *Sent:* Saturday, February 15, 2020 8:08 AM
> *To:* Julian Kift <julian_kift at hotmail.com>
> *Cc:* detomaso at server.detomasolist.com
> <detomaso at server.detomasolist.com>; davel at trguys.com <davel at trguys.com>
> *Subject:* Re: [DeTomaso] BAT
> Julian,
>
> A PCNC member won a BaT auction on a nice Pantera for $66k but the
> buyer refused to honor the deal. The car was genuinely worth more and
> both knew it. The buyer had to cough up thousands extra (I forget how
> much) before the seller would complete the transaction. The buyer was
> philosophical as he still got a good car at a fair price.
>
> I don’t think anybody made BaT aware of it. The seller does sign a
> legally binding contract with BaT so I suppose they could have
> enforced it somehow?
>
> Mike
>
> Sent from my iPad
>
> > On Feb 15, 2020, at 06:50, Julian Kift <julian_kift at hotmail.com> wrote:
> >
> > I don't think BaT has much to do with the actual sale transfer, they
> > automatically take their 5% buyers fee at the auction close from the
> > buyers credit card on file and introduce buyer and seller to complete
> > the transaction (unlike regular auction houses). I have never heard of
> > non-completion of a sale on BaT, where seller had remorse and backed
> > out, so can only assume BaT's terms and conditions are more binding
> > then eBay's, plus they have access to buyers credit card, so there is
> > more of a commitment up front.
> >
> > That's my bug with eBay, that items sell multiple times and never
> > transact, buyer just doesn't come through and there is little to no
> > accountability. That said I do believe eBay is the greatest
> advertising
> > medium with highest exposure to the widest market for the lowest cost
> > (assume listing cost only). The problem is many users don't know
> how to
> > market an item, they take low quality bad light or angle photos and
> > apply a one sentence description.
> >
> > Julian
> > __________________________________________________________________
> >
> > From: DeTomaso <detomaso-bounces at server.detomasolist.com> on behalf of
> > Dave Londry <davel at trguys.com>
> > Sent: Friday, February 14, 2020 4:19 PM
> > To: detomaso at server.detomasolist.com
> <detomaso at server.detomasolist.com>
> > Subject: [DeTomaso] BAT
> >
> > Seconding Mikes opinion, Larry
> > BAT actually manages the sale process.
> > Completely different from eBay where you throw your stuff in -
> over the
> > wall,
> > and you only hear from them if you manage to piss off their automated
> > nanny programs.
> > Many high-roller dealers move their excess trade-in inventory on BAT.
> > Dave
> >> On 2020-02-14 7:47 a.m., Mike Drew via DeTomaso wrote:
> >> Larry,
> >>
> >> I sold my mom's `65 Buick just over a year ago on BaT. They were
> > magnificent to work with. They charge a flat $99 to the seller whether
> > it sells or not. The buyer pays a commission to them which is
> > transparent to you.
> >>
> >> They will not accept just anything--you have to apply to sell your
> > car there. They will certainly accept anything interesting like your
> > car, but the `83 Toyota Corolla won't cut it. You wrote the ad
> copy and
> > they edit it, and build the auction for you. You get to check the
> draft
> > and give final approval before it goes live. They also work with
> you to
> > establish a realistic reserve. If you think your reserve should be
> > objectively too high they will refuse it. In my case their
> analysis was
> > spot on.
> >>
> >> My mom's car failed to meet reserve and ended in a no-sale. However
> > BaT then gave me the contact info for the high bidder and we were able
> > to come to an agreement (he paid the reserve price). BaT received
> > nothing from this because the sale happened outside their auction,
> even
> > though they facilitated the sale.
> >>
> >> Very gentlemanly people there.....
> >>
> >> Mike
> >>
> >> Sent from my iPad
> >>
> >>> On Feb 14, 2020, at 06:32, Larry - Cleveland via DeTomaso
> > <detomaso at server.detomasolist.com> wrote:
> >>>
> >>> How is Bring a Trailer to work with? eBay better? Costs?
> >>>
> >>> I need to sell my T-Bird '83 no movement locally or from national
> > add.
> >>>
> >>>
> >>> Larry - Cleveland
> >>>
> >>>
> >>>
> >>> _______________________________________________
> >>>
> >>>
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> > or approve the archiving of list messages.
> >> _______________________________________________
> >>
> >>
> >> Detomaso Email List is not managed by POCA
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> > use the links above.
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> >> Members who post to this list grant license to the list to forward
> > any message posted here to all past, current, or future members of the
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> > or approve the archiving of list messages.
> > --
> > Dave Londry
> > TRGuys.com
> > davel at trguys.com
> > Cell 604-721-2278
> > Florida 904-373-1795 (Skype forwarded)
> > Skype embeddedspaces
> > _______________________________________________
> > Detomaso Email List is not managed by POCA
> > Posted emails must not exceed 1.5 Megabytes
> > DeTomaso mailing list
> > DeTomaso at server.detomasolist.com
> > [3]http://server.detomasolist.com/mailman/listinfo/detomaso
> > To manage your subscription (change email address, unsubscribe, etc.)
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> >
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> > _______________________________________________
> >
> >
> > Detomaso Email List is not managed by POCA
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> >
> > To manage your subscription (change email address, unsubscribe,
> etc.) use the links above.
> >
> > Members who post to this list grant license to the list to forward
> any message posted here to all past, current, or future members of the
> list. They also grant the list owner permission to maintain an archive
> or approve the archiving of list messages.
>
--
Dave Londry
TRGuys.com
davel at trguys.com
Cell 604-721-2278
Florida 904-373-1795 (Skype forwarded)
Skype embeddedspaces
-------------- next part --------------
That sounds odd. BAT has a simple Seller Reserve Price setting.
I don't know why the seller didn't use it.
It's not unusual for a deal to be completed after a reserve-no sale.
(and all BAT gets is the $99 listing price)
dave
On 2020-02-15 8:39 a.m., Julian Kift wrote:
Mike,
Thanks for that information, I'm happy to hear it worked out for both
parties, but alarmed that BaT wouldn't at least be made aware. It skews
average sales price at best and is dishonest practice by the seller at
worst.
So along with Tom's input seems BaT does have some occasional issues;
there are deadbeats everywhere I guess and unfortunately the era we
grew up in where a mans word and a handshake are good is rapidly
diminishing.
Julian
__________________________________________________________________
From: Mike Drew [1]<MikeLDrew at aol.com>
Sent: Saturday, February 15, 2020 8:08 AM
To: Julian Kift [2]<julian_kift at hotmail.com>
Cc: [3]detomaso at server.detomasolist.com
[4]<detomaso at server.detomasolist.com>; [5]davel at trguys.com
[6]<davel at trguys.com>
Subject: Re: [DeTomaso] BAT
Julian,
A PCNC member won a BaT auction on a nice Pantera for $66k but the
buyer refused to honor the deal. The car was genuinely worth more and
both knew it. The buyer had to cough up thousands extra (I forget how
much) before the seller would complete the transaction. The buyer was
philosophical as he still got a good car at a fair price.
I don't think anybody made BaT aware of it. The seller does sign a
legally binding contract with BaT so I suppose they could have enforced
it somehow?
Mike
Sent from my iPad
> On Feb 15, 2020, at 06:50, Julian Kift [7]<julian_kift at hotmail.com>
wrote:
>
> I don't think BaT has much to do with the actual sale transfer,
they
> automatically take their 5% buyers fee at the auction close from
the
> buyers credit card on file and introduce buyer and seller to
complete
> the transaction (unlike regular auction houses). I have never heard
of
> non-completion of a sale on BaT, where seller had remorse and
backed
> out, so can only assume BaT's terms and conditions are more binding
> then eBay's, plus they have access to buyers credit card, so there
is
> more of a commitment up front.
>
> That's my bug with eBay, that items sell multiple times and never
> transact, buyer just doesn't come through and there is little to no
> accountability. That said I do believe eBay is the greatest
advertising
> medium with highest exposure to the widest market for the lowest
cost
> (assume listing cost only). The problem is many users don't know
how to
> market an item, they take low quality bad light or angle photos and
> apply a one sentence description.
>
> Julian
>
__________________________________________________________________
>
> From: DeTomaso [8]<detomaso-bounces at server.detomasolist.com> on
behalf of
> Dave Londry [9]<davel at trguys.com>
> Sent: Friday, February 14, 2020 4:19 PM
> To: [10]detomaso at server.detomasolist.com
[11]<detomaso at server.detomasolist.com>
> Subject: [DeTomaso] BAT
>
> Seconding Mikes opinion, Larry
> BAT actually manages the sale process.
> Completely different from eBay where you throw your stuff in - over
the
> wall,
> and you only hear from them if you manage to piss off their
automated
> nanny programs.
> Many high-roller dealers move their excess trade-in inventory on
BAT.
> Dave
>> On 2020-02-14 7:47 a.m., Mike Drew via DeTomaso wrote:
>> Larry,
>>
>> I sold my mom's `65 Buick just over a year ago on BaT. They were
> magnificent to work with. They charge a flat $99 to the seller
whether
> it sells or not. The buyer pays a commission to them which is
> transparent to you.
>>
>> They will not accept just anything--you have to apply to sell your
> car there. They will certainly accept anything interesting like
your
> car, but the `83 Toyota Corolla won't cut it. You wrote the ad copy
and
> they edit it, and build the auction for you. You get to check the
draft
> and give final approval before it goes live. They also work with
you to
> establish a realistic reserve. If you think your reserve should be
> objectively too high they will refuse it. In my case their analysis
was
> spot on.
>>
>> My mom's car failed to meet reserve and ended in a no-sale. However
> BaT then gave me the contact info for the high bidder and we were
able
> to come to an agreement (he paid the reserve price). BaT received
> nothing from this because the sale happened outside their auction,
even
> though they facilitated the sale.
>>
>> Very gentlemanly people there.....
>>
>> Mike
>>
>> Sent from my iPad
>>
>>> On Feb 14, 2020, at 06:32, Larry - Cleveland via DeTomaso
> [12]<detomaso at server.detomasolist.com> wrote:
>>>
>>> How is Bring a Trailer to work with? eBay better? Costs?
>>>
>>> I need to sell my T-Bird '83 no movement locally or from national
> add.
>>>
>>>
>>> Larry - Cleveland
>>>
>>>
>>>
>>> _______________________________________________
>>>
>>>
>>> Detomaso Email List is not managed by POCA
>>> Posted emails must not exceed 1.5 Megabytes
>>> DeTomaso mailing list
>>> [13]DeTomaso at server.detomasolist.com
>>> [1][14]http://server.detomasolist.com/mailman/listinfo/detomaso
>>>
>>> To manage your subscription (change email address, unsubscribe,
> etc.) use the links above.
>>>
>>> Members who post to this list grant license to the list to forward
> any message posted here to all past, current, or future members of
the
> list. They also grant the list owner permission to maintain an
archive
> or approve the archiving of list messages.
>> _______________________________________________
>>
>>
>> Detomaso Email List is not managed by POCA
>> Posted emails must not exceed 1.5 Megabytes
>> DeTomaso mailing list
>> [15]DeTomaso at server.detomasolist.com
>> [2][16]http://server.detomasolist.com/mailman/listinfo/detomaso
>>
>> To manage your subscription (change email address, unsubscribe,
etc.)
> use the links above.
>>
>> Members who post to this list grant license to the list to forward
> any message posted here to all past, current, or future members of
the
> list. They also grant the list owner permission to maintain an
archive
> or approve the archiving of list messages.
> --
> Dave Londry
> TRGuys.com
> [17]davel at trguys.com
> Cell 604-721-2278
> Florida 904-373-1795 (Skype forwarded)
> Skype embeddedspaces
> _______________________________________________
> Detomaso Email List is not managed by POCA
> Posted emails must not exceed 1.5 Megabytes
> DeTomaso mailing list
> [18]DeTomaso at server.detomasolist.com
> [3][19]http://server.detomasolist.com/mailman/listinfo/detomaso
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etc.)
> use the links above.
> Members who post to this list grant license to the list to forward
any
> message posted here to all past, current, or future members of the
> list. They also grant the list owner permission to maintain an
archive
> or approve the archiving of list messages.
>
> References
>
> 1. [20]http://server.detomasolist.com/mailman/listinfo/detomaso
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> _______________________________________________
>
>
> Detomaso Email List is not managed by POCA
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use the links above.
>
> Members who post to this list grant license to the list to forward
any message posted here to all past, current, or future members of the
list. They also grant the list owner permission to maintain an archive
or approve the archiving of list messages.
--
Dave Londry
TRGuys.com
[25]davel at trguys.com
Cell 604-721-2278
Florida 904-373-1795 (Skype forwarded)
Skype embeddedspaces
References
1. mailto:MikeLDrew at aol.com
2. mailto:julian_kift at hotmail.com
3. mailto:detomaso at server.detomasolist.com
4. mailto:detomaso at server.detomasolist.com
5. mailto:davel at trguys.com
6. mailto:davel at trguys.com
7. mailto:julian_kift at hotmail.com
8. mailto:detomaso-bounces at server.detomasolist.com
9. mailto:davel at trguys.com
10. mailto:detomaso at server.detomasolist.com
11. mailto:detomaso at server.detomasolist.com
12. mailto:detomaso at server.detomasolist.com
13. mailto:DeTomaso at server.detomasolist.com
14. http://server.detomasolist.com/mailman/listinfo/detomaso
15. mailto:DeTomaso at server.detomasolist.com
16. http://server.detomasolist.com/mailman/listinfo/detomaso
17. mailto:davel at trguys.com
18. mailto:DeTomaso at server.detomasolist.com
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22. http://server.detomasolist.com/mailman/listinfo/detomaso
23. mailto:DeTomaso at server.detomasolist.com
24. http://server.detomasolist.com/mailman/listinfo/detomaso
25. mailto:davel at trguys.com
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