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I used to have the same reservations…
But after talking to a few avid BaT guys, I don’t have them anymore. It’s turned into almost a social media site/auction.
As far as the history of bidders with lots of bids and not many purchases, if any… I bid on 600-750 vehicles nationwide a week, and hope to purchase 1-2% of them. So in a year I bid on upwards of 30,000 and end up winning about 300 of them.
I think they are very real prices, high, but very real.
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BAT – great for sellers, not so much for buyers, unless you don’t mind paying too much!
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Sounds like a conspiracy to me.lol
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When I go to BAT I have a price in mind that I will pay not matter what vehicle it is. I’m usually blown out of the water shortly after making my bid.
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I have noticed the same thing. Their selection process is also not well defined which to me leaves room for questionable behind-the-scenes behavior. I attempted to sell a Toyota 4Runner (a commonly sold vehicle on BaT) on the site a couple of months ago and was turned down. It was more than irritating after spending several hours prepping with pics, writeups etc. as well as the lengthy application itself. They provide no feedback, just a rejection with no opportunity for follow-up.
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The thing with BaT is that it’s very hit or miss. The approval process can suck because the pictures take way too long, but I got my 911 approved within a few hours and BaT typically brings absolute top dollar. If you get approved and you have a decent car and are honest in your listing you will most likely get more money than anywhere else.
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Has anyone noticed the higher prices BaT brings?
Has anyone noticed the number of ONE bids and done?
Has anyone looked at the bid histories of the bidders?
Has anyone noticed the number of comments and “watchers and views” is way down?
It seems a number of known Viper owners place a bid just to support a higher result, but never buy a Viper on BaT.
It seems a number of potential accounts have been created to bid in order to give the appearance of interest.
It seems a number of profiles who talk up a Viper may have a financial interest in a vehicle that is not disclosed.
It seems a number of profiles may know the reserver and bid to it hoping an interested buyer will take it over the reserve. More and more “Reserve Not Met” are appearing.
As we all know from the in-person auctions and internet sales sites, this is a common practice. Does not mean it is ethical or illegal, but then again it is used cars. All we expect is people figuring out ways to manipulate the system – any system – as car flipper & car jockeys do.
Just wondering if anyone else has notice or any other thoughts as prices ran up and now headed the other direction. This is not specific to Vipers. Much of what I have stated is from others discussing their marks on the sites
As derived from Newton’s 3rd Law: What goes up, must come down.
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