I ended up listing it on Ebay, no reserve, $45K. 1 bid Im sold and satisfied.
thats a quick sale but was the BaT reserve not higher than that?
I sold my Elise on there last year. I fought with them on the reserve and got it close to where I wanted. The car sold above the reserve and I got very close to what I wanted so was happy. For me it was the painlessness of it. My Elise had a few issues so I was happy with the price but it probably would have made a little more on here. On a side note if I had listed it on ebay/Autotrader/here, I'd most likely still have it as if it didn't sell in the first week or so I would've thought about it and/or got tired of dealing with people and pulled it....
The comment section on BaT can make or break a car. One poster (who is on here) raised some unnecessary and unwarrentied questions about my ownership of the car which really pissed me off. He does something similar on every Elise listing and the questions are asinine to make him sound like he knows everything Elise. I had a legit answer but I think it still may have hurt my final price a little. Those type of keyboard warriors are the only thing that bothers me about BaT.
I think they have a handle on the Elise market as they have sold quite a few - saying that it seems like a number of the ones that sold recently have went under what I would consider market which means the reserve on them was quite a bit lower than mine.
I looked at selling my Evora S on there and they wouldn't budge on the the reserve. The N/A Evoras that have sold on there went relatively cheap but the cheapest ones had issues and adding in the buyers price (ie with the fee) I think they were market value. The reserve they wanted for mine plus the buyers fee would be what I consider market value for my car, meaning a fair price for the buyer - but you're right, I should have, and I'd rather have that $3000. I think thats why we're not seeing any 400s or Ss on there. The one 400 that sold was an odd car as it was the YouTube one so I'm sure any loss on it could be written off as a business expense. I think it is telling that the other two 400s didn't sell - although it looks like the silver one got close based on it's ebay listing.
I asked a friend who knows about this stuff recently about the low reserves and he said something about the sell rate of the listings. Ie the more cars sell, the better for the auction companies reputation. Or to look at it this way the more cars that sell, make them more attractive to sellers, which in turn means they get more listings. He said all the auction houses work the same.
So I think BaT has a place, the comment section can be a rat hole if the wrong person gets a bone up their behind, getting the reserve you want may not happen but as a method to quickly shift a car with no headaches it is great.