Turned Down By Bring a trailer? Look to ACC Auctions!
Turned Down By Bring a trailer? The downside of the mighty classic car auction site
acc auctions
Online classic car auctions are the new trend in the collector car industry. Since 2019 a number of new auction sites have launched to rival the likes of ebay and bring a trailer. For years those 2 have been the authority in the online classic car world, but the introduction of sites like our own ACC Auctions is turning out to be a great positive for many who have had terrible experiences with bring a trailer.
While they lead the way in number of users and bidders for the moment, the BaT experience comes with a lot of negatives. As a seller you should absolutely explore your options when it comes to selling a vehicle by way of online auction.
I tried to list a car with bring a trailer but was turned down?
Being the most popular also means heavy volume of demand. BaT is said to receive much more volume of request for auction listings than they can currently handle and end up only accepting a very small percentage of listings submitted.
At ACC Auctions we rarely will turn down a customer who is wanting to try to auction their vehicle. Even with a growing number of requests, we are not going to stand in your way of finding a potential buyer. With our hundreds of thousands of monthly visitors, we believe that your buyer could be out there and it is worth a shot to try to reach them.
My listing was accepted, but now they want me to sell it for NOTHING!
The number one complaint about bring a trailer and even with hemmings auctions is that once your listing passes their “tests” and is accepted to auction, you then need to negotiate your reserve price with them. This ends up being a deal breaker for the majority of sellers because both sites believe they know the value of your car better than you do. They also do not care what you have into the vehicle, they will only run the auction if you price it at or below what they believe is market value for the vehicle. In most cases this means that the sellers end up actually taking a loss on the sale.
At ACC Auctions, we allow you to set your own reserve and give you the option to reduce or remove the reserve at any time during the auction. You know what you need to get out of the sale and we are happy to try to get that for you. Worst case is that the bidding does not get to the level you need and you can choose whether to accept the highest bid, or just hold on to the vehicle and try again to sell it down the road.
I finally agreed on a reserve price but now I have to wait 3 to 4 weeks for my auction to go live?
Due to the high volume of demand for listings this also means that even after you pass all of their tests and agree to their pricing, you then need to wait nearly a MONTH for your auction to begin! In the majority of cases this is impossible to manage, especially for dealers who need to pull the vehicle from public view once the auction is scheduled.
AT ACC Auctions, we have the fastest turnaround time in the business, we will get your auction listing ready and scheduled within a few days. Meaning that from start to finish the entire process will be done within 10 days of your initial contact with us!
I have another buyer interested but now that my auction is scheduled I cannot sell the vehicle?
In a move right out of corporate America, sites like bring a trailer lock you in to selling your car with them, once the process to list is complete. This means that during the 3-4 week waiting period for your auction to start, you cannot sell the vehicle outside of the auction. You also need to remove the vehicle form being advertised at all during this time so that they have the exclusive listing of your vehicle.
At ACC Auctions, we simply do not believe in this… This is your vehicle and if you happen to have another buyer willing to buy, we encourage you to make the deal. especially in the case where you are a dealer and someone comes into the dealership ready to buy your car, we will NEVER ask you to turn down a sale. Auctions are gambles, and yes you could potentially get more during the auction that you are being offered in person, but we feel that you should strike while the irons hot! While you wait for your auction to begin at ACC Auctions and even during the live auction, we encourage you to keep the vehicle listed for sale wherever you would like to. The more eyes on your listing the better, and we trust that while the auction is live or upcoming that you will direct interested parties to the auction to purchase the vehicle. However as stated before, if someone just wants to buy the vehicle outside of the auction, at ACC Auctions we say DO IT. with BaT or Hemmings auctions they say NO.
My auction buyer did not follow through on the purchase?
For years, the knock on auction sites like ebay and bring a trailer has been that the high bidders end up not following through on their purchase. So while you might get some great bids during your auction that result in a Reserve Met status, that doesn’t mean the car is 100% sold. And the frustrating part about this is that bring a trailer and other sites will still count this as a SOLD vehicle to fluff their numbers.
At ACC Auctions we have several safe guards and checks in place to ensure our buyers are ready to purchase and are serious about following through. We also are careful about how we post sold auctions. We are often much more involved in finalizing the sale between the buyer and seller and have seen a very high success rate with sales actually being closed!
FINAL WORD:
While ACC Auctions is not YET neck and neck with the level of registered bidders that sites like BaT has, we offer a fantastic alternative to “the giant”. Contact us anytime with questions about our process or to inquire about submitting a vehicle for auction.
We use cookies to understand how you use our site and to improve your experience. By proceeding, you accept the use of cookies.Ok, I agreeNoTell me more
You must be logged in to post a comment.