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Bring a Trailer (BaT) Auctions: Worth Listing Your Car or Not?

$30k for that is insanity.

Note that only 3 bidders were willing to go over $16k.

:wtf:
 
Interesting bidding patterns and results on this one...


David Hendy has a red 92 300E sportline that's been converted to a 5 speed (plus 3.27 diff). He has done a ton of maintenance work to the car and it drives really well. The car will be put it up for sale very soon- not on BAT.
 

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Interesting bidding patterns and results on this one...


Two bidders went to the mat over this car. The car really it does look brand new BUT it also has 101K miles on it. $30K for it seems way over the top to me for what the car is. You would be lucky to get $500.00 for 99.9% of these early models.

I would like to know the process that Lambauch uses on the undercarriage to make them look so nice.


I sold my 86 300E with 115K miles on it for under $5K about 25 years ago. It was in great condition but nothing like this example.
 
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Terry, pretty sure that is dry ice blasting. Machines are $$$ but if you have a shop nearby that does it, the result is amazing. See link below. I don't know if ColdJet wants to be associated with EAG though (thought they were the Bimmer equivalent of BHCC?).




 
Step-brother? Brother from another mother? Either way, big money for these.

 
If that was painted red and sold by Dean Laumbach, it would have sold for $177,777.

Note that bidder #3 and #4 both dropped out ~25% below sale price. Those last 2 guys wanted it bad.
 
Many Bidders are irrational. Low miles and something quirky rules the roost. $250k for an 8k mile E30 M3 that had a fender repaint (low miles) and $30k for a 100k mile 300E with a 5-speed tranny (quirky). For some strange reason, bidders seem to give a pass to dealers/flippers on zero maintenance and nit-pick owner/sellers. Anything Dean Laumbach sells goes for ++ money - he generally has very nice lower mileage cars that he details to the nth degree (i.e. - dry ice blasting shown above) but his cars generally have no recent maintenance except for oil and maybe brake fluid. Paint correction and blasted under carriage is nice, but pales in comparison to $10k of deferred maintenance....
 
Terry, pretty sure that is dry ice blasting. Machines are $$$ but if you have a shop nearby that does it, the result is amazing. See link below. I don't know if ColdJet wants to be associated with EAG though (thought they were the Bimmer equivalent of BHCC?).





Dave,

Thanks for the info. Laumbach does an outstanding job with that ice blasting on the undercarriage's of the cars he sells.
It probably added $10K to that 300E

I predict that JC220 will have one shortly.

lol
 
One of the rarest AMGs ...

View attachment 108696


Have to wonder why they didn't use the VR4 as the base for the AMG mods. That car was a beast back in the day. Came very close to buying one in '91. The tiny local Mitsu dealer had two of them on the lot and they had no clue how to get them sold. Scared me off. Went over to Honda and got a Prelude Si. lol

The VR4 was AWD and nearly 200 hp. Powering a car that had all the substance of a beer can.
 
One of the rarest AMGs ...

View attachment 108696


@Harv

How interesting,

In 1988 I bought a new “Demo” 88 Galant. It was top of the line w/ all options. Blk/Grey Leather. Being a Dealer Demo it had 3,400 miles on it.

Along w/ the Galant I also purchased a 87 Starion also a new “Demo” w/ 700 miles on it. I paid $30K cash for both cars.

These were and still are the first “NEW” cars that I have owned.

I drove both cars to about 135K miles when I sold them. These are what I call “Throw Away Cars” Got nothing for them. $3,500.00 for the Starion and about the same for the Galant.

Only problem with the Starion was a blown head gasket. My own fault after washing the engine and going for a drive to dry off the motor it backfired. OOPS!

I must say the Starion w/ the 2.5 liter turbo motor was a blast to drive. Unfortunately mine was an automatic. It was quick but the 5 speed would have been even more fun. I did miss it after it was gone.

AMG could have made the Starion a real bomb.

While the Galant was a nice driver for only 140 HP. It had re-occurring problems. Front air shocks failed twice. Note w/ the automatic air suspension the car would lower itself at speed.

The trans started acting up at about 20K miles. After many visits to the Dealer they went thru it 4 times under warranty before it ran out at 36K miles.
At 65K miles it went out again. Mitsubishi Dealer said they wanted $3,800.00 for a new trans and converter. I complained bitterly to the Mitsubishi Customer Relations Dept. I ended up paying the Dealer $200.00 to install a brand new trans & converter. I drove the new trans 70K miles before selling the car.

I would have to say, I liked the 88 Galant’s body style much better than the 89 and up cars.

These were my first and last “NEW CAR” purchases.

I know TMI

lol
 
BaT Market Snapshot: July 2020


See BaT auction statistics, interesting data, and some fun results from last month!
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BaT Market Snapshot: July 2020
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This numbers-matching 1960 Ferrari 250 GT Pinin Farina Coupe finished in Blu Lancia over Grigio leather sold for $585,000 on 7/20/20.
Hi Gsxr,

July was busy on BaT. We listed 1,220 vehicles in the month with a sale rate of 81%. Here are some updates on our latest month of auctions:
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We are proud to partner with the Tahoe Maritime Museum to facilitate the sale of their collection of wooden boats, marine engines and period nautical memorabilia.
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The BMW E30 M3 is a BaT Community favorite. We sold five in July and you can see all the results on our BMW E30 M3 Model Page.
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We auctioned 299 vehicles at no reserve in July, including this 2019 Porsche GT3 RS Weissach. New auctions are added daily to our No Reserve page.
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We sold 30 Ferraris last month at an average high bid of $123,558, including this 18k-Mile 2006 Ferrari F430 6-Speed. Our Ferrari make page has all those results and more.
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We listed 71 motorcycles in July, including this 2008 Ducati Desmosedici RR. Check out our Motorcycles category page to see all our motorcycle auctions.
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This Ferrari Testarossa Crate Engine led the parts results last month. Cool parts are frequently auctioned on BaT.
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1966 Ferrari 330 GTC Project sold for $441,000 on 7/7/20
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8k-Mile 1988 BMW M3 sold for $250,000 on 7/22/20
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1995 Audi RS2 Avant sold for $72,000 on 7/23/20
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400-mph Bonneville Land Speed Streamliner sold for $175,000 on 7/27/20
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No Reserve: 1962 Volkswagen Bus 23-Window Samba sold for $122,000 on 7/7/20
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Vortec-Powered 1988 Toyota Land Cruiser FJ62 sold for $75,000 on 7/28/20
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700-Mile 1989 Ferrari 328 GTS sold for $228,250 on 7/3/20
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1972 BMW 3.0 CSL 3.5L 5-Speed sold for $175,000 on 7/28/20
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1985 Porsche 911 Carrera Safari sold for $98,000 on 7/2/20
 
I can't believe what the market is like for VW busses. I think about the 1959 barn door I had that I paid $200 for in 1977 and what it might be worth today...

-D
 
The 928 GTS from the factory is rated at 350 horsepower 350ps / 345hp at the crankshaft. The modifications are supposed to deliver 380 horsepower at the rear wheels. We do not have a dyno sheet to share with you.
Neat car. 350hp from 5.4L is right on target for this era engine. But 380 at the wheels post-modification from 5.4L is crazy optimistic; it would translate into ~450hp at the crank, and >80hp per liter, same as the M156.

That's like claiming an E60 AMG can put down 380-420rwhp and make 475-500hp at the crank. Unpossible with normal aspiration. Of course there's no dyno sheet, lol. Take about 10% off the claims and it's probably near reality.

:pc1:
 
Neat car. 350hp from 5.4L is right on target for this era engine. But 380 at the wheels post-modification from 5.4L is crazy optimistic; it would translate into ~450hp at the crank, and >80hp per liter, same as the M156.

That's like claiming an E60 AMG can put down 380-420rwhp and make 475-500hp at the crank. Unpossible with normal aspiration. Of course there's no dyno sheet, lol. Take about 10% off the claims and it's probably near reality.

Oh, I wouldn't care about the numbers... I just think it's real purty. :peep:
 
The crack-pipery was strong with this one...

$32K all in????




And the clowns in the peanut gallery.... "Well bought"
 
Made no sense until I saw who the seller was.

More surprising was FIVE people willing to go over mid-teens. I thought it would just be the usual 2 folks who hate money.

:watchdrama:
 
It's a ~$15k car. Then add a cpl $K for condition. Another cpl $K for pano roof.

As a % over market, that's one of the most silly auctions I've seen on BaT in a while.

$0.02
 
I don't follow the R129 market closely, but it seemed like M120 money for an M113.

:scratchchin:
 
It's not an M120.
It didn't have delivery miles.
It's not an SA.

So it's not "collectible" in any sense of the word that I know.
And I'm not really into triple black roadsters, either.

But as @gsxr pointed out... there was a line of guys throwing money at this example, so maybe I'm the one who's missing something. 🤷‍♂️
 
I'm REALLY tempted to send Dean my next car for sale. His name alone attached to it should double whatever I'd get listing on my own!!

:buggin:
 
He does seem to be pulling in about 50% above pedestrian market prices with his DLFC. I wonder how much of that 50% he takes as commission.

Looks like a job for @ace10 to find out. Or perhaps @The Emperor can force-choke it out of DL.
 
The crack-pipery was strong with this one...

$32K all in????




And the clowns in the peanut gallery.... "Well bought"

I think DL's reputation and the undercarriage detailing is what's getting him the BIG BUCKS. Every car he has detailed has gotten way over what it's worth. The $30K he got for the 86 300E with what was it 100K+ miles has sold me on this guy's methods. So far he is the best "Presenter/Seller" I have ever seen. I think others will be catching on to he is doing and pretty soon you will see other sellers doing similar detailing.

I say buy' the same car with the same miles (around 45K) from another seller and go spend whatever the dryice machine costs do your own detailing and save about $10K

If I were selling that RennTech 500E 6.0 I sure would consider it a plus to do the "Dry Ice Detailing". I'm just thinking out loud but I would guess that it could raise whatever the selling price is by $20K. This is just my opinion. I'm sure to get some flack for just saying it.

lol
 
I think DL's reputation and the undercarriage detailing is what's getting him the BIG BUCKS. Every car he has detailed has gotten way over what it's worth. The $30K he got for the 86 300E with what was it 100K+ miles has sold me on this guy's methods. So far he is the best "Presenter/Seller" I have ever seen. I think others will be catching on to he is doing and pretty soon you will see other sellers doing similar detailing.

I say buy' the same car with the same miles (around 45K) from another seller and go spend whatever the dryice machine costs do your own detailing and save about $10K

If I were selling that RennTech 500E 6.0 I sure would consider it a plus to do the "Dry Ice Detailing". I'm just thinking out loud but I would guess that it could raise whatever the selling price is by $20K. This is just my opinion. I'm sure to get some flack for just saying it.

lol


Where to get this -----

1596812206769.png
 
VERY COOL:thumbsup2:

I think we are going to see a lot of these things in the future.

The one bad thing I see is that it covers such a small working area. Think about how many hours it would take to do the whole undercarriage of that Porsche. Not only would the equipment be a big spend, but the labor to do the cleaning wouldn't be small, either. At least not from the looks of things.

I like. I want. :hearts:

Dan
 
While that system undoubtedly saves time overall, it isn't the only option.
I would put my cars up against DLs anytime and I only have jack stands, mineral spirits and sundry mechanical devices to achieve results.
 
Not a lot of meat in that article. Dean didn't even discuss how he presents cars, just how he would buy.
???

Dan
 
Circling back to the discussion about dry ice cleaning...

Prior to this spectacular 80 Series going live on BaT this week, I was in contact with the seller in order to feel out a price range. The pictures of the interior and body are spectacular, but the underside is a real letdown. Fluid leaks and dealer-applied rust proof.

I suggested to him that blasting all the crud off would result in many X return on investment. He didn't go for it, and I think there will be $5-10K left on the table. Bear in mind that the bids have already well xceeded the 1997 MSRP.


Fix the leaks:
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Clean the goo off:
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This truck might hit $80-100K. It really shouldn't look this crappy underneath.
 
I wonder what the cost would be to have the undercarriage dry ice cleaned? There's easily got to be a day's worth of work there if not more on any car.

Dan
 
I wonder what the cost would be to have the undercarriage dry ice cleaned? There's easily got to be a day's worth of work there if not more on any car.

Dan


From these folks in Mass:


"...We dry ice blasted three car undercarriages in less than 12 hours. That equates to about one car every four hours... there are two people working..."
 
From these folks in Mass:


"...We dry ice blasted three car undercarriages in less than 12 hours. That equates to about one car every four hours... there are two people working..."

As I figured - 8 hours to do an undercarriage. I wonder what the bill was for that.

Dan
 
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