Selling a car privately - Help!

[COLVERT]

Originally Posted by 75driver

All of the above is probably very good advice, but I’ve always let the potential buyer drive the car, usually on their own!
It’s what I’d want to do if I went to buy a car.
Trustworthy, naive or just a rural thing....?
I usually make an educated guess if the car they’ve come in is worth more than what I’m selling.
Of course, it could be stolen, etc etc, but life’s too short to get bogged down in all the “what ifs”.


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NO--NO--NO--NO--NO.


Get what I'm saying ??

[75driver]

Originally Posted by COLVERT

NO--NO--NO--NO--NO.


Get what I'm saying ??

Not really😬


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[DavidJ]

Originally Posted by SD1too

Hi David,

A pampered car like your Dad's could do well at a classic car auction. There was a ZT-T 190 at Bonham's only last month. It takes all the hassle out of selling: no haggling or worry about test drives!

Simon

Interesting idea Simon, but every auction I have ever seen on TV seems to need buyers fees, sellers fees & administration fees. Not sure an MG ZT, even a nice one, can command a price to make all the fees worthwhile. I will bear in mind though if it all gets too much. Thanks for your input.

Originally Posted by 75driver

All of the above is probably very good advice, but I’ve always let the potential buyer drive the car, usually on their own!
It’s what I’d want to do if I went to buy a car.
Trustworthy, naive or just a rural thing....?
I usually make an educated guess if the car they’ve come in is worth more than what I’m selling.
Of course, it could be stolen, etc etc, but life’s too short to get bogged down in all the “what ifs”.


Sent from my iPhone using Tapatalk

75D what about insurance? If the potential buyer steals it I have no cover as I gave him the key! If he crashes it I have no cover. If he gets stopped by the police he has no cover but I get the impound fees. Or would you, as a potential buyer, expect to arrange your own cover?

[Rogue]

Interesting idea Simon, but every auction I have ever seen on TV seems to need buyers fees, sellers fees & administration fees. Not sure an MG ZT, even a nice one, can command a price to make all the fees worthwhile. I will bear in mind though if it all gets too much. Thanks for your input.

This made £2700 at todays classic auction so there is money out there for clean cars.


https://angliacarauctions.co.uk/clas...20-v6-club-se/

[SD1too]

Originally Posted by DavidJ

Interesting idea Simon, but every auction I have ever seen on TV seems to need buyers fees, sellers fees & administration fees.

Thanks for your reply David. Your Dad would pay only commission on the hammer price (which is usually around 6% plus vat) and a nominal entry fee. However you stand to achieve a higher price at an auction because (1) only genuinely interested buyers take part and (2) the bidding goes up whereas at a private sale the negotiation is in a downward direction!

Simon

[Rogue]

Originally Posted by SD1too

Thanks for your reply David. Your Dad would pay only commission on the hammer price (which is usually around 6% plus vat) and a nominal entry fee. However you stand to achieve a higher price at an auction because (1) only genuinely interested buyers take part and (2) the bidding goes up whereas at a private sale the negotiation is in a downward direction!

Simon

And of course you can set a reserve price so if you don't get what you are looking for you have only lost the entry fee.

[COLVERT]

Originally Posted by Rogue

And of course you can set a reserve price so if you don't get what you are looking for you have only lost the entry fee.

Absolutely true. ----------------For the last 40 years or so I have only ever bought my and the families cars at auction.

HOWEVER the Buyers fees are now getting to be beyond a joke.---

A reserve is a great idea.

[DavidJ]

Can I post up images here and get an idea on price I should be asking?

[DavidJ]

Originally Posted by COLVERT

Absolutely true. ----------------For the last 40 years or so I have only ever bought my and the families cars at auction.

HOWEVER the Buyers fees are now getting to be beyond a joke.---

A reserve is a great idea.

I have never knowingly met anyone who has bought a car from an auction. I am not convinced this is the route to getting my Dad a fair price for his car.

[DavidJ]

https://photos.app.goo.gl/iNXZ717119M8SnZH8