Wohoo! And the market climbs again!!!

 

Outstanding BC. What a great car. Hope we get to meet the buyer at some point.

 

My jaw dropped when I read the sale price.
Wonderful car you brought to the market.

 

I feel pretty solid (I don't count my chickens, however) - on the bidder, the process, etc. As I may have mentioned, I have been in contact with the (now) buyer for a while. He asked pertinent questions related to the ability to use the car immediately in august in norcal, shipping, storage, timing flexibility, etc.

I guess we shall see, but it all looks good. You are charged, as the bidder, right away when you complete a bidding process and win the vehicle. So its a percentage of the sales price, which in this case is a couple thousands dollars. This is not an ebayanddisappear type of situation. That may be my confirmation bias talking, but I am optimistic and I will choose to trust the process right now.

 

Excellent work, well done!

 

Don't forget that the buyer has already paid BaT a non-refundable $2500. This ain't eBay.

 

Very happy for you and all of us.Way to go.

 

wow congrats

 

Very few BaT auctions have failed to close afterward - a basket case trash can of a 928 being one recent example. And many cars that don't meet reserve still sell afterward (the '68 Charger R/T 400 did much better after bidding ended shy of reserve).

They solved two problems of eBay with their auction format... the anti-sniping 3-minute clock and no-skin-in-the-game meaningless bidding. I think it's a great service! It would be nice if you could preview a car a couple-few weeks before the auction to give cross-country bidders time to arrange PPIs and even in-person inspections too but that is probably too difficult to manage.

Again and again BC - nice job moving the needle on the market!

 

Congratulations on the great price. It looked like a very fine example.

Serious question: To what do you attribute the premium paid over what most 1986.5 928s bring? The car wasn't owned by Elvis, so what caused the buyers to pay such a healthy price? I'm wondering if there's something the rest of us can learn about preserving the value (or recreating the value) of our cars.

 

Did you go over his thread on this car (the 'penance' thread)? It was completely rebuilt. Brand new car. What BC did was nothing short of amazing. I doubt many 86.5 are even close to the condition. Also, '86.5's are a special breed, the 'GTS' of the OB cars, and 5 speed numbers are astonishingly low. It all adds up to a low production model in pristine condition offered with 'brand new, ready to go' mechanicals. I think it actually went cheap for what it is.

 

Holy cow, that's a nice result

To the crowd out there, I got to see this car in person at Brendan's place recently and it really is a mint/cherry of a car.

Showroom fresh in every way you could imagine.
Congrats, BC.

 

The buyer is a true enthusiast. Really great guy. We talked today and swapped some stories about how we got into this hobby.

 

Congratulations. Nice when all of that hard work pays off, regardless of whether or not those were your original intentions.

Brian.

 

Wow! unbelievable! I bet the seller is more than happy!