Classic cars forum & vehicle restoration.
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lowdrag
Joined: 10 Apr 2009 Posts: 1585 Location: Le Mans
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47Jag
Joined: 26 Jun 2008 Posts: 1480 Location: Bothwell, Scotland
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Posted: Tue Mar 13, 2018 2:46 pm Post subject: |
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Put me down for a ‘fiver’. Do the funders get to drive it?
Art |
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badhuis
Joined: 20 Aug 2008 Posts: 1390 Location: Netherlands
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Posted: Tue Mar 13, 2018 6:15 pm Post subject: |
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I hate it when an auction house declares all its auctions as "important". I do not see why that would be the case.
Great ERA by the way. Shall we guess - 1.2 million euros? _________________ a car stops being fun when it becomes an investment |
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Kenham
Joined: 12 Mar 2012 Posts: 209 Location: Kent
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Posted: Tue Mar 13, 2018 11:34 pm Post subject: |
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I guess it is important for the auction house when you consider the money they charge for what is really not a lot of work. |
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Clactonguy
Joined: 20 Mar 2018 Posts: 104 Location: clacton on sea
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Posted: Wed Mar 21, 2018 6:36 pm Post subject: auction houses |
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probably like estate agents . percentage charged = high profit .you have to prepare car. bring it along or. if you buy arrange. collection and removal.
estate agents have you prepare home. ( if you want that is) advertise and. sit back and take a nice percentage if sold!
difference being if no sale theres normally no fee!
still nice earner I guess if you own an auction house. wonder if. car. clubs got together and arranged own auctions. every say. 3 months? simple fee to. show car. if. sold small extra fee .fees to pay for costs of providing a hall? field? Marshalls .insurance. advertising. |
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