RE: IML: Great collection of Imperials for sale

[RandalPark@xxxxxxx]

I'll admit that I realy do like the "Buy it Now" feature. Being an addicted spender/buyer, if I see something that I want with a buy it now price, I can usually talk myself into clicking on the button to close the sale quickly.

Paul

In a message dated 10/1/2004 1:43:16 PM Eastern Daylight Time, "bill parker" <hemirr@xxxxxxxxxxx> writes:

>Nice description of the psychology! ?I think it is important to allow the 
>bidding to start low. ?I don't think people mind too much when there's a 
>reserve, especially when you use a "buy-it-now" to hint at what the reserve 
>is. ?The sellers who just simplify by putting on an opening bid that seems 
>to reflect the actual price they want for the car often get no bids at all.
>
>
>
>Bill & Kathi Parker, South Central Indiana
>'56 Chrysler Windsor; '60 Chrysler Saratoga; '62 Plymouth Max Wedge; '64 
>Dart convertible; '65 Barracuda \6; '65 Imperial; '68 Barracuda FB 340-S; 
>'69 Barracuda FB now 360; '72 Cuda '340
>
>
>
>
>
>>From: RandalPark@xxxxxxx
>>Reply-To: mailing-list@xxxxxxxxxxxxxxxx
>>To: mailing-list@xxxxxxxxxxxxxxxx
>>Subject: RE: IML: Great collection of Imperials for sale
>>Date: Thu, 30 Sep 2004 20:38:35 -0400
>>
>>I check the Imperial listing on E-bay everyday and have for almost two 
>>years now. The 2 '67s that came on yesterday both look real nice.
>>
>>The cars that don't sell on E-bay seem to be those that either have a high 
>>reserve or a very high starting bid. Nice clean Imperials with lots of good 
>>pictures and information, bid up pretty high when people are able to start 
>>the bidding at a low level. That is because they think that they might get 
>>the car cheap. This is the HOOK that gets them interested.
>>
>>After a while, others see that the car is going to cheap. They may not 
>>really even want it, but they will buy it if it sells for the cheap price. 
>>By that time, some of the people who began the bidding have already 
>>pictured themselves driving their Imperial down the road. They then become 
>>incensed that someone bid against them. Once that starts happening, 
>>bidder's fever takes over. Cars that sell this way nearly always go for as 
>>much or more than the owner had hoped for.
>>
>>Placing a high reserve, or a high starting bids discourages the early 
>>bidders, and so nothing happens at all. Occasionally, a car with a high 
>>reserve will get a couple of lower bids in hopes that the reserve might be 
>>removed, but rarely does having a high reserve or a high starting bid 
>>result in a sale. I have seen the same cars listed over and over again. 
>>Once they have been listed a few times they seem to be even harder to sell.
>>
>>Paul
>>
>> ?In a message dated 9/30/2004 2:21:55 PM Eastern Daylight Time, "Dick 
>>Benjamin" <dickb@xxxxxxxxx> writes:
>>
>> >Well, you've all heard me on this subject before, and most of you think 
>>I'm
>> >crazy (maybe all of you, and maybe you're right), but I've now sold 2- 81
>> >Imperials, 1- 82 Imperial, 1- 67 Imperial Convertible, I - 69 Newport
>> >Convertible, 1- 55 Cadillac Coupe deVille, 1-1950 Packard Super DeLuxe, 1 
>>-
>> >99 GMC pick-up, 1- 5th wheel RV, ?and probably a few more that I'm
>> >forgetting. I've also sold about 100 other items from my half-vast
>> >collection of old junk, mostly automotive. ?
>> >
>> >
>> >
>> >In each case, I've run the auction with no reserve, and a very low 
>>starting
>> >bid (usually $100 for the vehicles, and often 1 cent for the other 
>>items).
>> >In every single case, I believe the buyer and seller both got very fair
>> >deals except for two cars which sold for way too much (the 55 Coupe 
>>deVille
>> >and the 50 Packard), but there was a LOT of action on those two. ?
>> >
>> >
>> >
>> >Typically I have 25 to 30 bidders on the cars, and a real frenzy at the 
>>last
>> >minute. ?I have never been approached with anything that sounded like a 
>>scam
>> >attempt. ?
>> >
>> >
>> >
>> >I keep a count of the hits from people who "click" on a link within my
>> >auction to a very exhaustive description of the history and condition of 
>>the
>> >cars, with many more pictures showing every conceivable defect. ?That way 
>>I
>> >can keep track of the people who are really serious about bidding on the 
>>car
>> >- and there are usually about 10 to 15 people who are really honestly 
>>trying
>> >to evaluate and bid on the car. ?One of those is usually the winner, even 
>>if
>> >they only bid at the last second. ?I only have to run them once, they 
>>always
>> >sell within the 7 days. ?I only accept wire transfer or folding green for
>> >the large items.
>> >
>> >
>> >
>> >Maybe I'm just having a run of luck, but if so, it has continued since 
>>eBay
>> >started and continues today. ?
>> >
>> >
>> >
>> >The number of people who will see a car auction are in the thousands - 
>>way
>> >more than you get exposure to by any other method of sale. I trust that 
>>fact
>> >to set the true market value - what a serious, well informed and honest
>> >buyer will pay is my definition of market value.
>> >
>> >
>> >
>> >I think eBay is the best thing for the automotive collector since 
>>J.C.Taylor
>> >insurance!
>> >
>> >
>> >
>> >Ok, back to my cage,
>> >
>> >
>> >
>> >Dick Benjamin
>> >
>> >
>> >
>> > ?_____ ?
>> >
>> >From: mailing-list-owner@xxxxxxxxxxxxxxxx
>> >[mailto:mailing-list-owner@xxxxxxxxxxxxxxxx] On Behalf Of Mark McDonald
>> >Sent: Thursday, September 30, 2004 8:34 AM
>> >To: mailing-list@xxxxxxxxxxxxxxxx
>> >Subject: Re: IML: Great collection of Imperials for sale
>> >
>> >
>> >
>> >Well, Ebay may be a great place to find Imperials, but I can't say it's 
>>such
>> >a great place to sell old Imperials anymore!
>> >
>> >Over the last year I've run several auctions trying to sell one of my
>> >Imperials, either my '68 convertible or my '68 Crown hardtop, and it's 
>>been
>> >nothing but a waste of time and money. It could be that my expectations 
>>for
>> >these cars were too high . . . perhaps . . . but I think it's more a 
>>matter
>> >of people who use Ebay today have become more interested in skirting the
>> >rules and trying to get something for nothing than they are in actually
>> >buying your car.
>> >
>> >A few examples . . . everytime I run an auction now, I'm inundated with
>> >people e-mailing me privately trying to get me to sell the car off of 
>>Ebay--
>> >and always for a ridiculously low price. For every person who puts a
>> >legitimate bid in, there are 5 or 6 who try to cut a deal outside Ebay. 
>>And
>> >none of these folks ever follow through.
>> >
>> >I can't begin to count the number of frantic calls I've gotten begging me 
>>to
>> >"please don't sell that car, I've been looking for one just like it my 
>>whole
>> >life, I'll be there Saturday with the money"-- and you never hear from 
>>them
>> >again. Or there was the guy from Canada who called, negotiated a price 
>>with
>> >me, then promised to call me back at 3:30 on a Friday afternoon to finish
>> >the deal . . . and still hasn't called. It's bizarre. Why bother, folks?
>> >What's the point of calling or e-mailing if you ain't serious? It's just 
>>a
>> >waste of time.
>> >
>> >Anyway, I think the character of Ebay is slowly changing, and not for the
>> >good. But I hope it goes back to the way it was.
>> >
>> >Sorry for the griping,
>> >Mark
>> >
>> >On Thursday, September 30, 2004, at 09:45 AM, DONALDDICKINSOND@xxxxxx 
>>wrote:
>> >
>> >E-bay currently has the largest collection of Imperial cars for sale that 
>>I
>> >have seen, a total of 26 cars! ?To access these as a group first enter
>> >"Chrysler Imperial" as the basic search then sort by "Price: Highest 
>>First".
>> >
>> >
>> >
>> >
>> >
>> >
>>
>>
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