RE: [Chrysler300] Tom Turners Terra Cotta F coupe for sale

["'Ron Waters' ronbo97@xxxxxxxxxxx [Chrysler300]" <Chrysler300-noreply@xxxxxxxxxxxxxxx>]

So what kind of protections are in place to guard against scammers ? Also, if someone 'trash talks' the car being auctioned, or the seller, how does BaT remediate that ?

 

Ron

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From: Chrysler300@xxxxxxxxxxxxxxx [mailto:Chrysler300@xxxxxxxxxxxxxxx] On Behalf Of labloverdc LabLoverDC@xxxxxxx [Chrysler300]
Sent: Wednesday, October 30, 2019 7:29 PM
To: Allan Klotz
Cc: finsruskw@xxxxxxxxxxxxxxx; chrysler300@xxxxxxxxxxxxxxx Club
Subject: Re: [Chrysler300] Tom Turners Terra Cotta F coupe for sale

I 
have been following Bring a Trailer auctions for some time now. There is no "buy 
it now" feature; you have to wait until the auction ends. Unlike eBay, there is 
also no sniping. Any bid within the last two minutes of the auction will reset 
the clock. So if a bid is $20,000, for instance, with a minute and 30 seconds to 
go, someone could bid $21,000, and from the time they bid there would be two 
minutes more for someone to bid. That process continues until no more bids are 
placed within two minutes. Some auctions get extended five, 10, or even 20 
minutes. Then, either the car is sold, if it reached its reserve, or the auction 
is closed, and it is noted that the car did not meet its reserve. During the 
auction, no one other than the seller (and BaT staff) knows what the reserve is, 
so they don’t know when it has been met. The only exception to that is that some 
auctions are listed as no reserve auctions from the very beginning. Obviously, 
in that case, the car is sold to the highest better. If the reserve is not met, 
the seller is given the high bidder‘s contact information, and they are invited 
to work out a private deal. No private deals before the auction ends are 
allowed.

There is a fee to the seller to list your car, and I believe a 5% buyers premium is charged with a maximum of $5000. Normally, cars are only listed once, but in fairly rare circumstances, they may be relisted a second time, usually at a much later date. 

Extensive and open dialogue among people watching the auctions is encouraged. In some cases, the comments are very positive, and in others, they can be very negative. In some cases, valuable insights are provided to people who may not be completely familiar with the marque. For example, 300 club members could contribute a wealth of knowledge via the comments section, especially with regard to just how rare, valuable, and interesting letter cars are. In many cases, the comments don’t pertain specifically to the car in question, but relate to the marque in general.

Most of the heavy bidding seems to come in the last 5 to 10 minutes of the auction. It can be very exciting to watch, and I thoroughly enjoy perusing the website. You can look up information on almost any car, view prior auctions, and the comments can be quite illuminating. I think it’s well worth a look for car aficionados.

Hope that helps.

Shannon Steele

300F convertible

"Kindness to animals may be the best measure of a person's character."

On Oct 30, 2019, at 4:06 PM, 'Allan Klotz' allan.klotz@xxxxxxxxxxxxxxx [Chrysler300] <Chrysler300-noreply@xxxxxxxxxxxxxxx> wrote:

  

Hi

Does anyone know if it is possible to buy the car directly before the auction ends and what the buy it now price is?

I am also looking for a cheap 1960 Windsor in the East coast area. I need the body parts for renovation of my other cars, so this must be useable and it must be able to drive onto a transporter and later into a container.

Thank you very much for any information you can give me.

Thanks

Allan

From: Chrysler300@xxxxxxxxxxxxxxx [mailto:Chrysler300@xxxxxxxxxxxxxxx] On Behalf Of finsruskw@xxxxxxxxxxxxxxx [Chrysler300]
Sent: 28. oktober 2019 23:24
To: chrysler300@xxxxxxxxxxxxxxx Club
Subject: [Chrysler300] Tom Turners Terra Cotta F coupe for sale

 

On bring a trailer.com

Auction ends on the 31^st

Current bid is $16,500

https://bringatrailer.com/listing/1960-chrysler-300f/

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Posted by: "Ron Waters" <ronbo97@xxxxxxxxxxx>

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