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Thanks BJ.
Tim, they asked me when I set the ad up. |
While the sale is going on YOU can lower it. In addition, if the final Bid is within the agreed-upon reserve BAT will make up the difference.
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Yes, there is a button for lowering your reserve after the auction starts. They initially wanted me to set the reserve at $50k, but I already had an offer higher than that before contacting BAT, so I said that $58k was the lowest I would go and they immediately said ok.
The process was pretty straight forward. The only negative for me was that I provided them with a well written detailed ad and they refused to use it. They said I could add anything that I wanted in the comments after the auction started. They even refused to change the word “refurbished” to “restored”. Seriously, who calls a car ‘refurbished”? |
Think the Brits use "refurbished".Never heard it used in here!
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I’ve spoken to the high bidder a couple of times this weekend. Nice guy from El Paso. He’s working on the payment and shipping details.
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How you holding out Mark?As a lot of us know it can be stressful selling a collector car.
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Doing ok BJ, although I much prefer buying to selling! I guess I’m a little anxious about him not getting financing, but I do like the car a lot, so it won’t be the end of the world if it falls through. I think I expected someone to close the deal like I would have with immediate payment (the next day at the latest), but he does seem sincere, so fingers crossed!
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You would think the guy would have had his ducks in a row before he mashed the "bid" button. |
With interest rates low and investment returns high, I think some are choosing to finance rather than cashing out an investment. Apparently, a company called JJ Best finances old cars in the US. I don't know if anyone in Canada offers that though.
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Well, no word from the high bidder at all yesterday. I have a feeling that my car will be staying in Canada for now….
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