Originally Posted by Corso

I agree 100% ^^^^^. BaT isn't perfect, but there is plenty of upside for those looking for enthusiast cars. At the end of the day, buying a used car takes diligence, buying on BaT is no different.

Originally Posted by bdronsick

Huge "upside" on BaT is the fact that potentially thousands of enthusiasts, with more knowledge than the average Buyer, are critiquing the car live, in detail, via two-way, documented conversation with the Seller. BaT is literally a "group buy" due-diligence platform.

Originally Posted by Billup

You also get idiots that spew bad information that then needs to be corrected, which can also confuse buyers. It of course is the buyers responsibility to differentiate fact from fiction, but the comments section can be just as bad as BAT descriptions at times.

Originally Posted by wdb

This price drifted down. Not a 996, but it will soon reside with one.

https://bringatrailer.com/listing/ca...omments-anchor

Originally Posted by Argeo

I just kind of sold my car on Pmarket place. Buyer hit reserve but after PCAR negotiated with seller. Well over a month later I still have car. He called me yesterday and I told him I just dropped car off to get a noise fixed (he knew about noise). He told me he would split bill and pay original price. I’m a bit reluctant to basically lose 1k by doing this. Might just keep, enjoy and relist in the spring. Before I get roasted, I’ve given the buyer over a month and haven’t gotten a deposit. I’ve missed a few cars I wanted to get because my money was tied up in this. Pcar got their commission.

Originally Posted by Argeo

I just kind of sold my car on Pmarket place. Buyer hit reserve but after PCAR negotiated with seller. Well over a month later I still have car. He called me yesterday and I told him I just dropped car off to get a noise fixed (he knew about noise). He told me he would split bill and pay original price. I’m a bit reluctant to basically lose 1k by doing this. Might just keep, enjoy and relist in the spring. Before I get roasted, I’ve given the buyer over a month and haven’t gotten a deposit. I’ve missed a few cars I wanted to get because my money was tied up in this. Pcar got their commission.

Originally Posted by Gary12000

I would ask for some earnest money by a certain date via electronic means but if you get that you are then bound by the agreement to sell it, i guess it depends on how you feel about the sale price, also why are Pcar not stepping in to handle this, whats their commission for if not to handle the details, as you can probably tell iv'e never used them. Is it just a listing service?

Originally Posted by bdronsick

As much as they're bashed, some aspects of BaT are underappreciated.

Originally Posted by 3/98 911 coupe

I haven’t bought in bat, but I have been the high bidder twice on pcar market. First time it was on a 2007 c2S, reserve was not met. They called me because I was the highest bidder, I made an offer, they call me back with a counter and it didn’t work. The second time my 03 turbo, the reserve was at $64. My max bid was $55, when they called me they asked me what I was willing to pay total all in fees included. I said $60k, 30 minute latter yes I bought the car. The owner of my car said that they convinced him to take less but pcar also lowered their auction commissions, so pcar negotiated with both buyer and seller. I heard that sometimes bat and the sellers are not on the same page regarding the reserves. Anyway they are not set in stone. The idea of showing reserve not met when a bid is placed doesn’t makes much sense because it will temp bidders to keep on bidding to thick the reserve off. I would prefer to be the highest bidder not meeting the reserve and get a chance to negotiate. I seen auctions where the seller had stated reserve lifted. And also auctions where seller says reserve has been lowered Car will sell today. The most frustrating one for the buyer is when there is a no reserve auction, he’s the high bidder and then the seller is not going to sell the car. There was one like that this week. Also some buyers have not followed thru with purchases, if you are the buyer they will banned you from bat unless there where some issues, last month there was a C4S with no oil pressure, the buyer was not penalized and wasn’t charged the auction fees. In the end is all negotiable.

Originally Posted by bdronsick

Another benefit on BaT in this fortuitous situation is the 5% Buyer's fee is never charged. BaT places High Bidder & Seller in direct contact and they either strike a private deal or no. In either case BaT never receives their 5%. That is a huge benefit to Buyers on BaT over other platforms where the "house" brokers negotiations between both parties and preserves their fees. As much as they're bashed, some aspects of BaT are underappreciated. Not to mention BaT is notorious for pushing very hard for low reserves, which also favors the Buyer. Cars literally get stolen every day on BaT. $69K Slate Grey X50?? Mid $60's was an absurdly low reserve on that car if you think about it.

The "halo" high watermarks are held up as paragons of why "not to buy" on BaT. But the truth is BaT is Buyer's paradise. VERY low reserves. Vast pool of outspoken experts raking Seller's over coals. Fees capped at 5%... People will look back at today's BaT as a golden age for Buyers. IE eventually BaT will be raising fees, censoring posts (this has already begun), eliminating the 5% cap, and hiring Carmax floor managers to broker RNM's. Only a matter time