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Why High Expectations Cost This Seller Big Time
The Daily Vroom
Good morning, Vroomers!
We kicked off the week with nearly $6 million in sales—a solid start. With the holiday weekend approaching and many people on the move, it’ll be interesting to see how the numbers hold up. One thing’s for sure: the platforms aren’t slowing down, with some incredible high-end cars hitting the auction block sandwiched between Thanksgiving.
See you tomorrow,
Sam
Table of Contents
MARKET LEADERBOARD
💰 The figures shared below don’t count any other sales such as car seats, memorabilia etc… All online auction sites are analyzed to put this leaderboard together.
I only include websites that have sold 5+ vehicles in the chart below.
YESTERDAY’S TOP 5 SALES
Want to dive deeper into any of these listings? Just click on the car to take you directly to the listing.
2023 Porsche 911 Dakar $291,000
Nearly Sale of the Day
This one’s got me scratching my head. A 2024 Porsche 911 GT3 RS Weissach in PTS Smyrna Green, just 120 miles on the clock, and the final bid hits $392,000—almost 20% over MSRP—and still, no sale. What was the seller expecting?
Surely the seller knows that Canadian-market cars sometimes go for a bit less, but that bid was strong. The market isn’t in the $100k+ over-sticker frenzy anymore. Sellers need to take a hard look at what’s actually selling (or at least be given this data by the platform) and adjust expectations. It’s easy to think a PTS spec will add a magic premium, but even for a car as loaded and stunning as this, the market is telling a different story.
It’s also a bit of a missed opportunity for Cars & Bids. They’ve been trying to land bigger sales, (they’ve only had two $500k+ sales this year) and this could’ve been one of those bigger sales. But when a car doesn’t sell, it often ends up crossing over to another platform for another shot—don’t be surprised if this one does exactly that.
Bottom line - this wasn’t about the car or the bid, it was about a seller sticking to a number the market just isn’t ready to hit. If you are after this exact model, you can find one here.
Do you think seller should have taken the high bid? |
Potential Bargains
This is a no-reserve auction, and the bids are sitting low for what could be a fantastic bargain. The S15 Silvia is a legend in the JDM world—a car we never got stateside, but thanks to this import, someone has the chance to grab an iconic Japanese coupe without all the usual hassle of importing.
The SR20DET engine and 6-speed manual swap is perfect! The teal repaint and Work Emotion wheels is certainly eye-catching. Yes, it’s in Hawaii, but here’s the thing: shipping costs from Hawaii to the mainland aren’t as outrageous as you’d think. Often, they’re comparable to moving a car coast to coast on the mainland. So that perceived obstacle, not as big of a deal as it might seem.
With its aggressive styling, solid list of mods, and a clean U.S. title, this Silvia checks a lot of boxes. It’s also a rare chance to pick up an S15 without reserve. If this car doesn’t go for a price well above the current bid, someone’s walking away with a steal.
This 1970 Mercedes-Benz 280SEL, currently at $10,000 with a few days left, feels like a hidden gem waiting to be scooped up. Dark Olive over Cognac MB-Tex is the kind of classic spec that turns heads, and the long-wheelbase SEL adds a touch of extra elegance.
With over $15,000 spent on recent servicing—including everything from brake work to a rebuilt radiator and even new motor mounts—this car is ready to enjoy. Yes, there are some age-related quirks, like a cracked dash and some worn interior trim, but let’s be honest—this is a 50-year-old S-Class with style for days.
If you’re looking for a vintage Mercedes that’s as great to drive as it is to admire, this could be a serious bargain. Cars like this, especially with the in-line six, are becoming harder to find in this condition.
Your Feedback
Yesterday, we asked you what do you make of BaT adding Hearst backlog articles to the auctions- here’s how you replied, (we had a lot of replies, thank you!) with not much love towards them.
I actually think they can be really useful, but they need to relevant.
Here’s a selection of your comments:
I can't help but wonder if sellers have an opportunity to pay for this feature. If it is the same car, except for color, it seems like it could enhance interest. That is of course the article speaks positively about the make and model.
I never noticed them, but now that you pointed them out i can’t stop seeing them. My two cents after looking at them is that the ones i’ve seen add no value.
This is the first feature from bat that I’ve thought is mehhh. But it’s probably an easy fix for them if they as you say add in a human controller.
This is only good when genuinely applicable. The live auction houses use this often and only have a few sentences in the description of an actual vehicle. Especially when there isn’t much to say regarding the specific vehicle or worse, nothing good to say. Creating awareness and educating is always good but too often in the auction world it can be used as fodder or worse yet misleading.
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