![]() Dedicated to the Promotion and Preservation of American Muscle Cars, Dealer built Supercars and COPO cars. |
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#1
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My opinion is the seller is perhaps using this auction to draw attention to his business and his other auctions on Ebay. With a $3/4 million starting bid, it gets talked about in forums on all the car websites. For all we know the reserve is $10 million and there is not intention to sell and the bidders have no intention of buying. I think it would be at BJ in a few months if it was really going to be sold, but that's just my opinion.
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#2
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What would the Ebay sellers fee be if it did sell? On most of my auctions, they charge between 5% - 7% of the sales price. That could be $30,000 to $50,000! You can buy a decent original musclecar for that.
Paul
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70 Camaro LA Z-28 03B Citrus Green LT-1 M-40 3.73's 69 Camaro X-77 Z-28 10C Cortez Silver M-21 3.73's Deluxe Project X - SOLD 69 Camaro X-77 Z-28 01B Garnet Red w/Black top, M-20 3.73 Deluxe Houndstooth |
#3
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There are those who have called me paranoid and skeptical and even worse. But there is no way that bid is genuine IMHO. Did ZL-1s double overnight?
Or does someone think that because a 7000 mile repainted HEMI cuda with a NOM engine sold for 700K at the recent Mecum auction that a ZL-1 should now be 800K????? |
#4
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I'm not sure what Ebay you use but the one I use charges a flat 40.00 insertion fee and an additional transaction fee of 40.00 if the car sells. Ebay does not charge a % of the sells price. Ebay Motor Fees
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#5
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[ QUOTE ]
I'm not sure what Ebay you use but the one I use charges a flat 40.00 insertion fee and an additional transaction fee of 40.00 if the car sells. Ebay does not charge a % of the sells price. Ebay Motor Fees [/ QUOTE ] I don't think he realized the price structure for selling cars, as smaller items use a percentage system as he described... Cars used to be the same way... alot of ebay newbies don't realize that, but up until a few years ago ebay took a percentage of whatever the selling price was for cars... Anyone remember ebay with no pictures? hard to imagine buying stuff sight unseen, but I bought (and sold) alot of stuff that way back in the early days.
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Joe Barr |