sparkhill
08-02-2005, 11:45 PM
With the sorrow of parting with my RS6 subsiding somewhat, I thought I would discuss my experiences selling it for my friends at AudiWorld. I am not an expert on the market or selling cars, but these are my experiences. Take them for what they are worth.
I first listed the car on cars.com and found the site to be pretty much useless.
A few days later, I listed it on eBay. While I received no bids, the auction generated lots of interest. I listed the car for what I thought was a very fair price and, of course, everyone wanted it for much less. I eventually sold it to a guy from LA who I came in contact with through eBay. He flew to Reno, brought me a cashier's check, drove off in the car, and I sent him the title once the check had cleared. I know that cashier's checks are supposed to be guaranteed funds, but we agreed that I hold the title until the funds cleared as a precaution. My car was black/black with every option except carbon fiber interior and had 8000 miles. The final selling price was $64,500. It was a fair price, especially considering that I purchased the car a year earlier at a steep discount. Once I had accepted the offer, a few buyers offered more and, if I would have been unethical, I am sure I could have squeezed one or two thousand more out of someone else.
This brings me to the topic of eBay Motors. I think eBay Motors is a bunch of crap. The place is filled with scam artists. The cost of a listing is about $40-50. If the car sells, the seller owes another $40. It would not be very difficult or costly for a "friend" to bid up the car to whatever price you wanted. Worst case scenario is that your "friend" decides to back out and you have to relist the car. Also, many of my questions came from people with 0 or 1 feedback scores. Who on eBay has a feedback score of 1?
Since my car did not sell, I could have told people whatever I wanted regarding the price after the auction, potentially driving up my profits. Also, it is a bit difficult to sell this type of car as a private party. Very few people want to drop this kind of money on a car sight unseen. I was unwilling to send the car without payment and many buyers did not want to send payment until I shipped the car. It is probably best if either a dealer can facilitate the transaction or the buyer can somehow get to your location to see the car.
Hope my little story is helpful, or at least interesting, to all of you. I will miss being part of the RS6 club and will lurk here until I get my next Audi.
Take Home Message: eBay Motors is not a representative guide to the current market on the RS6, but we all knew that.<ul><li><a href="http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&rd=1,1&item=4560927632&">My Auction</a></li></ul>
I first listed the car on cars.com and found the site to be pretty much useless.
A few days later, I listed it on eBay. While I received no bids, the auction generated lots of interest. I listed the car for what I thought was a very fair price and, of course, everyone wanted it for much less. I eventually sold it to a guy from LA who I came in contact with through eBay. He flew to Reno, brought me a cashier's check, drove off in the car, and I sent him the title once the check had cleared. I know that cashier's checks are supposed to be guaranteed funds, but we agreed that I hold the title until the funds cleared as a precaution. My car was black/black with every option except carbon fiber interior and had 8000 miles. The final selling price was $64,500. It was a fair price, especially considering that I purchased the car a year earlier at a steep discount. Once I had accepted the offer, a few buyers offered more and, if I would have been unethical, I am sure I could have squeezed one or two thousand more out of someone else.
This brings me to the topic of eBay Motors. I think eBay Motors is a bunch of crap. The place is filled with scam artists. The cost of a listing is about $40-50. If the car sells, the seller owes another $40. It would not be very difficult or costly for a "friend" to bid up the car to whatever price you wanted. Worst case scenario is that your "friend" decides to back out and you have to relist the car. Also, many of my questions came from people with 0 or 1 feedback scores. Who on eBay has a feedback score of 1?
Since my car did not sell, I could have told people whatever I wanted regarding the price after the auction, potentially driving up my profits. Also, it is a bit difficult to sell this type of car as a private party. Very few people want to drop this kind of money on a car sight unseen. I was unwilling to send the car without payment and many buyers did not want to send payment until I shipped the car. It is probably best if either a dealer can facilitate the transaction or the buyer can somehow get to your location to see the car.
Hope my little story is helpful, or at least interesting, to all of you. I will miss being part of the RS6 club and will lurk here until I get my next Audi.
Take Home Message: eBay Motors is not a representative guide to the current market on the RS6, but we all knew that.<ul><li><a href="http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&rd=1,1&item=4560927632&">My Auction</a></li></ul>