View Full Version : My experiences selling my RS6 on eBay (long)


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&amp;rd=1,1&amp;item=4560927632&amp;">My Auction</a></li></ul>

no.radar
08-03-2005, 05:41 AM
<img src="http://www.keishicho.metro.tokyo.jp/foreign/gaiyo2/sotai/sotai2.jpg">
...your holding the title after the car had been driven into a shipping container and sent to Bulgaria wouldn't have been very satisfying.

Best advice: Do not part with the car OR the title, until you have the funds cleared into your bank, and this has been confirmed in writing by the bank. Responsible buyers should have no difficulty with this; scam artists most certainly will.

Overall, eBay Motors' greatest value is often as an advertising medium. In your own case, you wouldn't have sold the car without eBay's "reach."

For what it's worth, I think the price was reasonable for both parties.

We'll miss your sorry ass around here.

jatwrite
08-03-2005, 09:00 AM
I sold my two prior Audis to parents buying them for their teen kids, so this may not apply as much to selling an RS6. In any case a dad flew in to southeast MI from VA to buy my 98 A4 in 2001; later, a dad and son showed up from western Michigan for my 00 S4. Both contacts came through classifieds here at AW, which start free and remain cheap.

In the first instance, the buyer had a cashier's check. I knew that was coming, got the name of his financial institution and called my bank with that info. My bank said everything should be fine, but I didn't hand over title OR the car until the check was physically accepted at my bank branch.

Second time, dad had $18K cash, I held out for $20K, so we went to my bank with his $2K check (again I had called ahead with buyer's info). He &amp; his son drove off after it cleared. They thought I was a little strange but didn't seem to mind much; my branch is only a mile from home.

Both sales occurred about six weeks after my first ad. In the first case I advertised elsewhere, including a seemingly legit car sales web site and my daily &amp; weekly papers here in Metro Detroit. Few calls, no visits. Second time I didn't bother, just advertised in AW classifieds. Their audience is small but everyone in it is considering an Audi.

More recently I responded to an eBay listing for an RS6, per the "scam" link below. It showed a Buy It Now price of $25K when you look into it. But the ad showed no physical address, and the phone number led to a fax signal. I got the same email back as you can see below, i.e. still no name, physical address or phone number.

Do people really think I'm going to share my personal info with them while they remain anonymous and unreachable? Someone has a screw loose.

sparkhill
08-03-2005, 09:41 AM
The check was from Bank of America, also my bank. Everything checked out fine BEFORE I let the buyer drive off in the car. B of A said there were no problems with the check, I just held the title overnight until the funds were creditied to my account as an extra precaution. Also, I checked out the buyer in pretty great detail before completing the sale. Still, your cautionary note is a very good one for anyone selling their car.

néné
08-03-2005, 10:31 AM
I wish most folks did as you've done.
I always suspected this sort of experience from eBay given other smaller sell/buys, but good to know that at least things are consistent across the board. Thanks again for the sharing of your experience.

Blownaway
08-03-2005, 02:32 PM
It would have worked out better for the both of us. Like I said if you ever need anything Audi related you know who to call.

ICONCLS
08-03-2005, 02:59 PM

Ernesto (ERT)
08-03-2005, 03:07 PM
enthusiast.

Glad it all worked out on the long run.

sparkhill
08-03-2005, 03:33 PM

KINGOFCARS
08-03-2005, 04:04 PM
I saw your car on Ebay and we did correspond by email. I thought your price was more than fair based on the fact that dealers get around 10K more for a similar mileage car (at least where
I live).
It is very difficult for individuals to do transactions of this sort out of state.
I am glad you were successful.

sparkhill
08-03-2005, 10:06 PM

Blownaway
08-04-2005, 09:54 AM
I have two in stock as we speak

TimD
08-04-2005, 08:10 PM