I have an old car and I was considering selling it on Hemmings, I will have to check out their fees, it seems like you can only see what their fees may be after you sign up for a subscription to sell things. Again, thanks for the heads up Concerning this and other social media / online selling sites
I would have gotten rid of that Ugly Prius before I would get rid of this beauty! My Dad has my Grandmother's 1968 Imperial Crown Coupe which she drove until she passed in 1999. The car has an original 27,000 thousand miles, flawless paint, and interior, and is gorgeous in Dark Blue Metallic, a white quarter vinyl roof, and a white leather interior. The dealer in Escondido, California installed 15" Real Wire Wheels which sets the car off like a million dollars.
The vintage car market is in steep decline. People need to be realistic about that. Young people overwhelmingly do not care about cars. They didn't grow up with vintage cars being everyday sights on the road. They do not want these cars, and older folks have stopped thinking that working on them and hoarding them is fun. Many a small collection will be going on the market over the next few years. It isn't a complete collapse yet, but it won't be long for everything but the most desirable or rare models. Times are changing for the worse every day.
In 10 years the people like my father who grew up with these cars will be in a nursing home or in the ground. Guys my age can barely afford monthly bills. The collectors only want the “cool” muscle cars circa 1969. Also people are expecting Co Vid high pricing when the economy is not good. Also selling coming into winter is a sure way to discount any toy 25% 🤦♂️
One thing with Bring a Trailer is that your bid amount is the bid..for instance if you aren't going to be around for the end of the auction you might put in your highest bid thinking that you might outbid others incrementally (like on ebay) ..but that high bid you put in IS the new high bid..a few people have been surprised by that.
What a bummer for you and a giant score for the new owner! I haven’t sold on an auction site but I’ve not been impressed with the usual for sale places. Marketplace morons, craigslist scammers, it all has gotten super difficult. No one follows through, I get ridiculous half price offers and so many flakes. I would enjoy seeing some for sale videos from you maybe in the form of a walk around and review video. Something you could use to send to a buyer too if they had more questions. Just a thought. Thanks for the video!
Appreciate the pros and cons of different sales sites. The new owner of your Imperial should be a very happy camper, great looking car at an incredible price. I think a lot of vehicles that were selling very high a few years ago are not drawing the same numbers now. A smart guy who had plenty of space would just put up another pole barn and wait for the market to turn again, because it will.
A large part of why I like your channel so much is that you give me a glimpse of the collector car biz from a buyer/dealer's perspective. Keep up the good work, Tom - I'm always excited to see another of your vids drop.
I don’t follow your sales because both you’re too far away, and I have no room. But that is one car I would definitely have considered. Were those restrictions not in place. Not on my shortlist but, so nice. Sorry for your loss, but at the same time, I often hope to be on the winning end of an auction that ends low like that.
I loved that car and didn't know that it was for sale. You should do a sale's video of each car for sale. I don't do FB. I would have bought it had I known it was for sale.
This year I bought a 66 GTO on Bring a Trailer and got a better car than the seller described ... and the price was about 20% less than I could resell it the next day. One thing to know is on BAT is any bid entered in the last 2 minutes ADDS another 2 minutes, some cars get bid over $20,000 in the 30 minutes after the auction was scheduled to end from adding time. I do not recommend others buying sight unseen but I lucked out. (He had 80 pix and 4 TH-cam videos) Also as a buyer on BAT their is NO Obligation by the buyer to actually buy the car BUT the 5% FEE is TAKEN the second you are the winning bidder from your credit card required on file. My seller was honest and a nice guy too - 1966 GTO TriPower 4 speed
I just I just bought a 1954 Chevy 3100 and mint condition for $20,000. At Barrett Jackson, The anticipated price Was between 45 and $65,000. The exact same truck about 10 cars earlier Went for $69,000. The only difference between the 2 trucks was, mine was black and the other one was blue. I didn't even think I was getting the truck when I offered 20, I was very surprised. And very happy. I think a couple of guys were off buying beers When I was bidding, which works for me.
Good video Tom, I remember with Craigslist that some morons would hit the " Flagged" button for no reason and cancel your listing. Then you would have to wait awhile to relist it, or pay some dummy company to make sure that it doesn't " happen " to your listing.
Ya that was a crazy thing for a while, Craig was a giant hippy who believed in free market and just let things happen with no monitors. In theory that works right then the scammers show up and chaos.
I wouldn’t be happy either, that was way too low for a car that nice. I would be very leery of putting anything on an auction no reserve especially something that is kind of an oddball niche vehicle like that. But on the other hand you’re absolutely right about Craigslist and all the scams and goofballs that will contact you. It’s a weird time to sell classic vehicles.
Well, look at the economy as well as the fact the prime market for vintage vehicles is starting to "Grey" out, I don't see (overall) that the prices of older/vintage vehicles won't deflate. Look at the markets for 30's, 40's, 50's and into the '60's vehicles. I like a lot of vintage vehicles, but it doesn't translate into "I want to buy." Expect that feeling to get stronger, too-
You had a car that you overvalued on market place and couldn't sell, then when it sold at no reserve, you got what the market was willing to pay. Maybe the buyer got a deal but auctions are going to give you what it's worth plus or minus 10% generally. The problem is Mopar people think their shit is worth gold and always way over value every little thing.
Helping a friend get her father’s one owner 69 Road Runner airgrabber 4spd car ready to sell. Think the plan is to take it to Mopars in the Park this year.
That’s a beautiful car and quite a steal for the money it sold for! Maybe that will leave some extra budget for the new owner to pump into the car-🙄🙏😌🤞hopefully! Thanks for the video Tom, it was interesting to hear about different selling options out there-especially ones that I wasn’t as familiar with like bring a trailer-which I’ve heard of but never really investigated. I used Ebay a lot years ago; they also had expensive fees when selling a valuable car-especially if the car didn’t meet its reserve…which burned me more than once. Marketplace is one of the craziest places to do business there is. I’ve used it and for the most part I’ve had success but I also got scammed 2x on there-once through a group. Fortunately I always used PayPal and they saved my bacon🤦🏻♂️. Sometimes I just think…there’s gotta be an easier way lol.
I understand this stings when you have a business to run. Cant keep the lights on losing money. BUT This is a prime example of whats happening in the classic car market. The buyer pool is drying up. Unless it’s a 68-71 muscle car, this stuff is just not gonna bring big money anymore. These guys asking insane money for small block automatic cars put a bad taste in the younger generations mouth. So they’d rather buy something like a G body or a Toyota for 1/4 the cost and have the same fun. Other than investors and retirees, the classic car market shot itself in the foot and it’s coming home to roost.
100% agree!! The market is supremely fickle right now. Obviously, Hemi 'Cudas, Chargers..... you know, the big-money stuff is still maintaining it's value because rich people get richer. The "average" car, the attainable car to the masses -- isn't. People don't have a lot of money right now and what money they do have - they're not going to spend on a frivolous item like a classic mopar. But let's consider the buyer's prospective. That's a GREAT price for the buyer considering the car obviously needs paint.... probably fresh tires and I'm sure it needs some beads and bobbles along the way. A halfway decent paintjob will easily burn up 10k.... if not more. Tires are an easy grand. Does it need shocks? Brakes? How about an exhaust? Does the gas gauge work? Carpet or anything in the interior??? What I'm driving at is that somebody who wants to restore that car is looking at another $15,000-$20,000 to do it right. By that point.... is that a $22,000-dollar car??? Probably only to somebody who really, really wants one and that market is growing smaller every day. Also, the average person doesn't want to daily drive one of these because of fuel costs or worse, bear the insanity that will follow should some uninsured window-licker plow into the quarter. Most insurance places would simply write it off. I like to point to the pre-war stuff as an example. The nicest Model T Ford might trade hands for 10-15k. The average is like.... 5 to 7 these days. Model A's and later aren't really doing any better. Why? Hate to say it but the people who grew up with and remember those cars don't exist anymore. Or, the bulk of them are in their 80s and 90s and preparing for the big dirt nap. Their kids are selling off these older toys just to get rid of them. Parts are nowhere near as plentiful; they're almost dangerous trying to keep up with modern traffic and insurance companies are probably instructed to write them off and have them disposed off. It's a losing situation all around for the Average Joe.
@@That_AMC_Guy You hit a lot of the economic points square on the head. If that cushy land yacht gets 8-10 mpg out of its big block engine, even after it's perfect you won't want to drive it and that was why so many of them went for a few hundred bucks back in the Oil Embargo days of the 70s, and then when gas topped a buck a gallon in the early 80s.
@@feoxorus Oh dude, I lived it. In 1999, I got my '68 New Yorker 2-door for FREE and coule have had a '70 New Yorker 2-door for $300. Both pretty much driver quality.
@@rocketresto And I don't see it getting any better. Again, the high-dollar, collector stuff will remain high for a while but that too has already softened considerably. As that generation starts aging-out.... cars will fall into the hands of enthusiasts again. The average 25-35 year old today is more concerned about having a roof over their head and just keeping a regular car. There's a whole generation out there now that will never be a home-owner so even if they could afford a "toy" car..... they've got nowhere to put it. I predict the same thing that has happened to the Model T and Model A crowd will happen to the muscle car. There just won't be enough people alive left to care.
Auto Trader magazine!! We used to buy cars from the Nickel Ads newspaper, wash them, and put them in Auto Trader. The Nickel Ad seller used Nickel Ads for the cheap price of placing the ad, and the free newspaper ensured widespread advertising. A lower sense of value, a lower selling price, in their car usually accompanied the Nickel Ad seller. Auto Trader sold their magazines for between a dollar to two dollars as I recall. The ads were more expensive for the sellers. These two things combined to bring a higher perceived value of the cars advertised. When a person has to buy the advertising medium, they become invested into the ads. The Auto Trader buyer qualified themselves as being serious buyers by having to purchase the magazine. So both the buyer and seller were invested into the game. The photos also spoke a lot more than the text only Nickel Ads, 1000 words per picture is the old saying.
That’s really smart. Talked to a few guys in LA and they had one called The Recycler and they would pay off the guys publishing it to give them the Mopar ads early :)
Right now people just do not have the extra money to be buying old cars or other collector items. I buy and sell farm equipment. Right now the market is in a heavy decline. Regular stuff is selling cheaper now too. Look at the problems new car dealerships are having. Even the used driver car market is dropping. I have picked up two vehicles in the last six weeks for about 60% of what they would have brought just six months ago. I will also say I never sell anything of value without a reserve or the ability to protect the item.
Tom, do you make videos on each car you are trying to sell before the fact? I think you should. Additionally, when you decide to list in the future, you can link the buyers to your TH-cam videos. You can kind of get some secondary revenue that way off the views. I am sorry you got so little on that Imperial. It is definitely worth more.
FYI: High bidders on BaT can still flake out. Happened to me. The good news is BaT worked with me and I sold it again for slightly more money the second time plus they cajoled the first high bidder to pay me the buyers fee he had already paid BaT in order to remain on BaT.
well sorry it went this way. No doubt the buyer realizes the screamin deal he got...hopefully he is excited to get it and has good plans for the car, making it what it needs to be.
The thing about these old huge cars is that they will always run with a little maintenance… about as much as a generator. In a big power out situation as in the freeze in Texas, you can huddle the whole family in the car run it without going anywhere and be warm and comfortable. …. That particular event caught Electric car owners by surprise and once they lost battery it was a dead stick. The guy who had an old 72 Ford Galaxy kept his whole family alive and well. I’m not saying technology is a bad thing but, I keep an old station wagon and a supply of gas ready to go along with basic necessities.
Lock downs gave the scene a over inflated spike of interest.Better to do anything else than spend the last years of your life dumping massive money you will never recoup and countless hours on a concrete floor restoring a car in a economy headed for the bucket.Plus the age group of men interested are dying out and those left are tightening their belts,the younger generation have no sense of national brand loyalty beyond pick ups and only want JDM.
As a buyer I hate marketplace, live on Oregon coast, drive all the way to Portland and watch them sell the car to someone else. You can leave feedback but it really buried. Had this happen several times. Man I would have bought that crown
I wouldn't be surprised if the new owner has one or more Imperials already. People on most of those other sites are looking for bargains they can fix and flip or Chevys and Fords. An average shopper isn't looking for an Imperial. You need to offer to those that know what an Imperial is and wants one.
I'm convinced Bring a Trailer is the best site for old Mopar sales. Unfortunately Bring a Trailer demands a sale. If you don't lower your reserve they discourage you from relisting for a no sale.
They are very aggressive with reserves which honestly they should be, they don’t want rnm (reserve not met). Seen some high end stuff there not get much, but maybe that’s just realistic prices? Dunno.
The market, in general, for classic cars in need of restoration has cooled off considerably from what it was. Imperials are particularly a niche type of car. I had a '67 Crown Coupe back in the late 90s, and even then parts were very difficult to find. About 15 years ago, I listed a convertible Imperial on Ebay for a friend as a parts car, thinking buyers would go bananas for it. The listing got ZERO bids and the car ended up in a crusher. I'm not a collector, but I wouldn't buy a classic Imperial to restore because parts just aren't available for them any more.
Ebay sux, and yep I stopped using Craigs list because of fees. Maybe you would have done better if you had done a quick refinish on the upper half of the car and buffed her out all around. She looks straight , don't know what the interior looks like though.
Mistakes were made: 1. Selling any toy coming into winter reduces its value 25%. 2. Selling any car at auction only benefits the Auction company. 3. Selling at no reserve. 4. You have to look at everything from the buyer’s perspective: shipping, buyer fees, sales tax, repairs and wondering why this guy couldn’t sell it locally- what’s the seller hiding, etc. Just looking at the pictures it needs a full re-paint so right there is $10k+. 5. People are expecting co vid high prices when the economy is not good for 80% of the population right now. 6. It’s not a desirable car like a ‘69 Charger. 7. Hemings….I had no idea they did these auctions nor would I check here for this car, like you said: no traffic.
But be thankful you only lost $4k. A friend of my had his ‘69 ElCamino professionally restored, probably in it $130k and got bored so he sent it to Barrett Jackson N/R. Hammer fell around $83k. Absolutely moronic but he never asked me for advice and neither did you 🤣 I just know that I’m perfect and I make the best financial decisions when it comes to vehicles!
@@rocketresto true. But could it be you are too used to high dollar muscle cars? If that car had a for sale sign on it down the street from me I would stop and look. But I wouldn't pay five grand for it. That's just me. I love these things but it's a yacht. Prices are so fucked up now. I found a brake drum that I need for my 68 d300.. I called all over the country and found a couple and the guy wants 400 for one or 700 for 2.. I only need one but that's over the top. But it's cheaper than swapping my axles to more modern 8 lug. It's hard to feel bad for sellers. I've bought trucks for less than the 1500 it cost to ship it. I never thought about getting my money back. I just buy the stuff I love. Speculators ruin everything
@@timbarry5080 Been trying to find a drum for a 67 W200 and can't find one. I just look at what it costs to restore and fix one of these and when I see one this clean...worth way more than the $2200 I got.
@@rocketresto I picked up a 68 charger at a very good price, not sure which blue the 440 should be. I painted it duplicolor Chrysler blue but just doesn’t look right.
Selling sucks. I sold a 72 charger rallye on marketplace over the summer. Everyone wants a screaming deal or they nitpick the car to death, not to mention all the "Is it available" messages. I'm in no hurry to do that again.
Why don't you do a you tube video when you have something for sale? And have Jamie do one too. Lots of people will see it. Might work out but even if it doesn't it's basically free advertising.
Bit of a shame brother its a big risk doing the no reserve trademe here in new Zealand dose a $ 1 no reserve it just makes it a buyers market rather than a sellers
Most people price cars with their emotions,the market showed what someone was willing to pay at that time and place,happens can't dwell on it, had anice 71 nova sold 7g on ebay,5 years later there getting triple and up,car market is funny,don't beat yourself up
Sorry to hear but Hemmings has a reputation of screwing people selling on their forum. Not to be rude but you would have been better off buying a car cover and leaving it outside.
Always some folks trying to take advantage of somebody. I would plug a gully with my collection before i let those rich crooks screw me out of it. Gets my anxieties to acting up on me.
@@rocketresto People accidently tap on it while they are scrolling. I've done it. It's a serious flaw that FB refuses to fix. Same thing with listing a make or model that's not shown as an option. If you go down to the very bottom and select "Other" you can avoid listing your Satellite as an Acclaim but most people don't know that.
Sorry you got so little money for that car , worth way more l really liked that car. Forget auctions put the right price on it and just wait it's a Mopar it will sell
When somebody buys a car for so little money, they typically abuse it. It is very likely that the person that bought this will take the 440 and junk the rest. It is a very unfortunate end for this car. There are few cars in this era of US automotive production that really stand out in terms of performance, handling, styling, quality of construction, etc, and this is one of those. Quality is rarely appreciated in this country of ignorance, however, and this car is the victim of ignorance.
First off you know better to go no reserve. Ebay sucks and Facebook is fakes and flakes. Every car here sells on craigs list. No fakes no flakes real buyers. My son has his charger on Facebook and is getting bullshit trades and would you deliver and lame offers. Facebook you get negative comments and ass clowns too. Good for small stuff though. Cars not so much. The market is flooded because the country is broke too. So many great deals out there because of it. In my area anyway.
Why not back out ? Is the sale legally binding ? It's not on ebay, they claim they are just an intermediary .That is why buyers and sellers who back out have no consequences except for some fees the seller may have to pay. Better than getting $thousands less. Morrlly you may not feel justified but legally you may be able to do it. Who knows, the buyer may have backed on on a lot of sales a nd purchases and plays the same game. Any way to look up his sales and purchases ?
@@rocketresto I have had the majority of buyers back out on my and I am getting to the point of playing the same game unless I am contractually bound. Anyway, a deal is not a deal until I have the money in hand.
@@rocketresto Can or will they take you to court to enforce it ? I doubt it. I'll bet the only repercussion is to ban you from selling there and why would they do that? the get a big fat fee whether the sale goes through or not right ?
![[MV] A leap of faith...ความเชื่อใจครั้งสุดท้าย (From "Petrichor the series")](http://i.ytimg.com/vi/U1piZH2CNXA/mqdefault.jpg)
![[TH] 2024 PMGC League | Survival Stage วันที่ 1 | PUBG MOBILE Global Championship](http://i.ytimg.com/vi/FVFT-PFwU80/mqdefault.jpg)
Thanks for the rundown on Hemmings fees and the "environment" out there. Sorry that the Imperial sale went poorly. That is a great car!
Was a great car.
I have an old car and I was considering selling it on Hemmings, I will have to check out their fees, it seems like you can only see what their fees may be after you sign up for a subscription to sell things. Again, thanks for the heads up Concerning this and other social media / online selling sites
I would have gotten rid of that Ugly Prius before I would get rid of this beauty! My Dad has my Grandmother's 1968 Imperial Crown Coupe which she drove until she passed in 1999. The car has an original 27,000 thousand miles, flawless paint, and interior, and is gorgeous in Dark Blue Metallic, a white quarter vinyl roof, and a white leather interior. The dealer in Escondido, California installed 15" Real Wire Wheels which sets the car off like a million dollars.
That is Trev’s commuter, he has an hour commute every day.
The vintage car market is in steep decline. People need to be realistic about that. Young people overwhelmingly do not care about cars. They didn't grow up with vintage cars being everyday sights on the road. They do not want these cars, and older folks have stopped thinking that working on them and hoarding them is fun. Many a small collection will be going on the market over the next few years. It isn't a complete collapse yet, but it won't be long for everything but the most desirable or rare models. Times are changing for the worse every day.
Even switzerland has a New banning law for gas cars called the Heschlavvo
In 10 years the people like my father who grew up with these cars will be in a nursing home or in the ground. Guys my age can barely afford monthly bills. The collectors only want the “cool” muscle cars circa 1969. Also people are expecting Co Vid high pricing when the economy is not good. Also selling coming into winter is a sure way to discount any toy 25% 🤦♂️
One thing with Bring a Trailer is that your bid amount is the bid..for instance if you aren't going to be around for the end of the auction you might put in your highest bid thinking that you might outbid others incrementally (like on ebay) ..but that high bid you put in IS the new high bid..a few people have been surprised by that.
Yep Hemmings does that too.
What a bummer for you and a giant score for the new owner! I haven’t sold on an auction site but I’ve not been impressed with the usual for sale places. Marketplace morons, craigslist scammers, it all has gotten super difficult. No one follows through, I get ridiculous half price offers and so many flakes. I would enjoy seeing some for sale videos from you maybe in the form of a walk around and review video. Something you could use to send to a buyer too if they had more questions. Just a thought. Thanks for the video!
Appreciate the pros and cons of different sales sites. The new owner of your Imperial should be a very happy camper, great looking car at an incredible price. I think a lot of vehicles that were selling very high a few years ago are not drawing the same numbers now. A smart guy who had plenty of space would just put up another pole barn and wait for the market to turn again, because it will.
A large part of why I like your channel so much is that you give me a glimpse of the collector car biz from a buyer/dealer's perspective. Keep up the good work, Tom - I'm always excited to see another of your vids drop.
Appreciate you watching!
I love these informational videos for us rookies.
Thanks for watching!
Sorry to hear. That Imperial is beautiful. I’ll keep an better eye on your feed as I’m just across the border in BC
Always love watching your videos so much knowledge to be learned.keep them coming!
Thanks for watching!
Thanks for sharing the good and bad selling experiances you've had thru the systems that are available, and the costs.
Thanks for watching Dan.
Had the same problem on eBay with flakes
Very annoying
I don’t follow your sales because both you’re too far away, and I have no room. But that is one car I would definitely have considered. Were those restrictions not in place. Not on my shortlist but, so nice.
Sorry for your loss, but at the same time, I often hope to be on the winning end of an auction that ends low like that.
I loved that car and didn't know that it was for sale. You should do a sale's video of each car for sale. I don't do FB. I would have bought it had I known it was for sale.
Ya I should have done that, just don’t want my channel to all be all cars for sale, that turns a lot of people off.
Should do a follow up vid on the cars new home, deal of the year !
@@SE-me2pt I really like the idea of a “sold” video too. Maybe segregate the “sales” and “sold” videos so that they don’t dominate the channel.
This year I bought a 66 GTO on Bring a Trailer and got a better car than the seller described ... and the price was about 20% less than I could resell it the next day. One thing to know is on BAT is any bid entered in the last 2 minutes ADDS another 2 minutes, some cars get bid over $20,000 in the 30 minutes after the auction was scheduled to end from adding time.
I do not recommend others buying sight unseen but I lucked out. (He had 80 pix and 4 TH-cam videos) Also as a buyer on BAT their is NO Obligation by the buyer to actually buy the car BUT the 5% FEE is TAKEN the second you are the winning bidder from your credit card required on file. My seller was honest and a nice guy too - 1966 GTO TriPower 4 speed
Just had a friend buy a 67 gto convertible on bat and it was a pretty nice car too.
I love it when they contacts you and offers you MORE than your asking price 🤣 definitely not a scam there!
Ya then they want the difference back 😂
Great Info... Thx for sharing your experience.
Thanks again for the valuable insight, used to do CL and it ain't what it used to be .FB would do well to allow non members to view without infowalls
Facebook likes its AOLish walled garden then they control everything.
Absolutely. I refuse to sign up on Fu@%book, as I oppose social media. I'm even opposed to Google and their Woke censorship of TH-cam.
I just I just bought a 1954 Chevy 3100 and mint condition for $20,000. At Barrett Jackson, The anticipated price Was between 45 and $65,000. The exact same truck about 10 cars earlier Went for $69,000. The only difference between the 2 trucks was, mine was black and the other one was blue. I didn't even think I was getting the truck when I offered 20, I was very surprised. And very happy. I think a couple of guys were off buying beers When I was bidding, which works for me.
Sounds like a good deal all around
Good video Tom, I remember with Craigslist that some morons would hit the " Flagged" button for no reason and cancel your listing. Then you would have to wait awhile to relist it, or pay some dummy company to make sure that it doesn't " happen " to your listing.
Ya that was a crazy thing for a while, Craig was a giant hippy who believed in free market and just let things happen with no monitors. In theory that works right then the scammers show up and chaos.
I wouldn’t be happy either, that was way too low for a car that nice. I would be very leery of putting anything on an auction no reserve especially something that is kind of an oddball niche vehicle like that. But on the other hand you’re absolutely right about Craigslist and all the scams and goofballs that will contact you. It’s a weird time to sell classic vehicles.
Well, look at the economy as well as the fact the prime market for vintage vehicles is starting to "Grey" out, I don't see (overall) that the prices of older/vintage vehicles won't deflate. Look at the markets for 30's, 40's, 50's and into the '60's vehicles. I like a lot of vintage vehicles, but it doesn't translate into "I want to buy." Expect that feeling to get stronger, too-
I live in Scottsdale. I went to Barrett Jackson this week. The quantity of driver-quality cars selling for $3-5K was an eye-opener.
@@NuxDriver had several friends, including a "Cannonball buddy," that are there. I can imagine, too, I've been hearing the rumblings
Bottom end cars are definitely taking a hit right now.
You had a car that you overvalued on market place and couldn't sell, then when it sold at no reserve, you got what the market was willing to pay. Maybe the buyer got a deal but auctions are going to give you what it's worth plus or minus 10% generally. The problem is Mopar people think their shit is worth gold and always way over value every little thing.
You think $5k for a rust free running Imperial is overvalued?
Helping a friend get her father’s one owner 69 Road Runner airgrabber 4spd car ready to sell. Think the plan is to take it to Mopars in the Park this year.
If you need any help hit me up.
@@rocketresto video of the car on my Channel, it’s called MoJunk. It was his first car and first race car.
That’s a beautiful car and quite a steal for the money it sold for! Maybe that will leave some extra budget for the new owner to pump into the car-🙄🙏😌🤞hopefully! Thanks for the video Tom, it was interesting to hear about different selling options out there-especially ones that I wasn’t as familiar with like bring a trailer-which I’ve heard of but never really investigated. I used Ebay a lot years ago; they also had expensive fees when selling a valuable car-especially if the car didn’t meet its reserve…which burned me more than once. Marketplace is one of the craziest places to do business there is. I’ve used it and for the most part I’ve had success but I also got scammed 2x on there-once through a group. Fortunately I always used PayPal and they saved my bacon🤦🏻♂️. Sometimes I just think…there’s gotta be an easier way lol.
Yep never send family and friends on PayPal unless you know them.
Feel your pain. Did no reserve on my WRX Rally Car. I was shifting and had nowhere to put it. Got half what it was worth :(
Ya brutal
Thanks for the informative video.
Thanks for watching!
I understand this stings when you have a business to run. Cant keep the lights on losing money.
BUT
This is a prime example of whats happening in the classic car market. The buyer pool is drying up. Unless it’s a 68-71 muscle car, this stuff is just not gonna bring big money anymore. These guys asking insane money for small block automatic cars put a bad taste in the younger generations mouth. So they’d rather buy something like a G body or a Toyota for 1/4 the cost and have the same fun. Other than investors and retirees, the classic car market shot itself in the foot and it’s coming home to roost.
100% agree!! The market is supremely fickle right now. Obviously, Hemi 'Cudas, Chargers..... you know, the big-money stuff is still maintaining it's value because rich people get richer. The "average" car, the attainable car to the masses -- isn't. People don't have a lot of money right now and what money they do have - they're not going to spend on a frivolous item like a classic mopar.
But let's consider the buyer's prospective. That's a GREAT price for the buyer considering the car obviously needs paint.... probably fresh tires and I'm sure it needs some beads and bobbles along the way. A halfway decent paintjob will easily burn up 10k.... if not more. Tires are an easy grand. Does it need shocks? Brakes? How about an exhaust? Does the gas gauge work? Carpet or anything in the interior??? What I'm driving at is that somebody who wants to restore that car is looking at another $15,000-$20,000 to do it right. By that point.... is that a $22,000-dollar car??? Probably only to somebody who really, really wants one and that market is growing smaller every day. Also, the average person doesn't want to daily drive one of these because of fuel costs or worse, bear the insanity that will follow should some uninsured window-licker plow into the quarter. Most insurance places would simply write it off.
I like to point to the pre-war stuff as an example. The nicest Model T Ford might trade hands for 10-15k. The average is like.... 5 to 7 these days. Model A's and later aren't really doing any better. Why? Hate to say it but the people who grew up with and remember those cars don't exist anymore. Or, the bulk of them are in their 80s and 90s and preparing for the big dirt nap. Their kids are selling off these older toys just to get rid of them. Parts are nowhere near as plentiful; they're almost dangerous trying to keep up with modern traffic and insurance companies are probably instructed to write them off and have them disposed off. It's a losing situation all around for the Average Joe.
@@That_AMC_Guy You hit a lot of the economic points square on the head. If that cushy land yacht gets 8-10 mpg out of its big block engine, even after it's perfect you won't want to drive it and that was why so many of them went for a few hundred bucks back in the Oil Embargo days of the 70s, and then when gas topped a buck a gallon in the early 80s.
Bottom is the market is pretty weak right now.
@@feoxorus Oh dude, I lived it. In 1999, I got my '68 New Yorker 2-door for FREE and coule have had a '70 New Yorker 2-door for $300. Both pretty much driver quality.
@@rocketresto And I don't see it getting any better. Again, the high-dollar, collector stuff will remain high for a while but that too has already softened considerably. As that generation starts aging-out.... cars will fall into the hands of enthusiasts again. The average 25-35 year old today is more concerned about having a roof over their head and just keeping a regular car. There's a whole generation out there now that will never be a home-owner so even if they could afford a "toy" car..... they've got nowhere to put it.
I predict the same thing that has happened to the Model T and Model A crowd will happen to the muscle car. There just won't be enough people alive left to care.
Dang that’s rough, that’s a great looking Imperial. I’ll have to keep an eye out on Hemings since they are hosing their sellers.
At least on the lower price cars.
Auto Trader magazine!! We used to buy cars from the Nickel Ads newspaper, wash them, and put them in Auto Trader. The Nickel Ad seller used Nickel Ads for the cheap price of placing the ad, and the free newspaper ensured widespread advertising. A lower sense of value, a lower selling price, in their car usually accompanied the Nickel Ad seller.
Auto Trader sold their magazines for between a dollar to two dollars as I recall. The ads were more expensive for the sellers. These two things combined to bring a higher perceived value of the cars advertised. When a person has to buy the advertising medium, they become invested into the ads. The Auto Trader buyer qualified themselves as being serious buyers by having to purchase the magazine. So both the buyer and seller were invested into the game. The photos also spoke a lot more than the text only Nickel Ads, 1000 words per picture is the old saying.
That’s really smart. Talked to a few guys in LA and they had one called The Recycler and they would pay off the guys publishing it to give them the Mopar ads early :)
Right now people just do not have the extra money to be buying old cars or other collector items. I buy and sell farm equipment. Right now the market is in a heavy decline. Regular stuff is selling cheaper now too. Look at the problems new car dealerships are having. Even the used driver car market is dropping. I have picked up two vehicles in the last six weeks for about 60% of what they would have brought just six months ago.
I will also say I never sell anything of value without a reserve or the ability to protect the item.
Tom, do you make videos on each car you are trying to sell before the fact? I think you should. Additionally, when you decide to list in the future, you can link the buyers to your TH-cam videos. You can kind of get some secondary revenue that way off the views. I am sorry you got so little on that Imperial. It is definitely worth more.
Yes I’m going to start trying to do that.
Worked really well with the 72 Duster
FYI: High bidders on BaT can still flake out. Happened to me. The good news is BaT worked with me and I sold it again for slightly more money the second time plus they cajoled the first high bidder to pay me the buyers fee he had already paid BaT in order to remain on BaT.
It does happen but it’s super rare unlike eBay which seems to be about 50% flake.
Any thoughts on selling on For A Bodies/B Bodies Etc Only?
well sorry it went this way. No doubt the buyer realizes the screamin deal he got...hopefully he is excited to get it and has good plans for the car, making it what it needs to be.
The thing about these old huge cars is that they will always run with a little maintenance… about as much as a generator.
In a big power out situation as in the freeze in Texas, you can huddle the whole family in the car run it without going anywhere and be warm and comfortable. …. That particular event caught Electric car owners by surprise and once they lost battery it was a dead stick. The guy who had an old 72 Ford Galaxy kept his whole family alive and well.
I’m not saying technology is a bad thing but, I keep an old station wagon and a supply of gas ready to go along with basic necessities.
I would of loved to have that imperial. Did not know you were selling it.
Should have advertised it better on the channel.
Lock downs gave the scene a over inflated spike of interest.Better to do anything else than spend the last years of your life dumping massive money you will never recoup and countless hours on a concrete floor restoring a car in a economy headed for the bucket.Plus the age group of men interested are dying out and those left are tightening their belts,the younger generation have no sense of national brand loyalty beyond pick ups and only want JDM.
As a buyer I hate marketplace, live on Oregon coast, drive all the way to Portland and watch them sell the car to someone else. You can leave feedback but it really buried. Had this happen several times. Man I would have bought that crown
Ya the feedback system does not work at all on marketplace, very annoying.
Great deal for the new owner for sure
I wouldn't be surprised if the new owner has one or more Imperials already. People on most of those other sites are looking for bargains they can fix and flip or Chevys and Fords. An average shopper isn't looking for an Imperial. You need to offer to those that know what an Imperial is and wants one.
Sorry to hear that. Love the car.
It is what it is.
Try posting in Canada older cars are not easily found up here? Just a thought
Not even sure where to post it up there.
I'm convinced Bring a Trailer is the best site for old Mopar sales. Unfortunately Bring a Trailer demands a sale. If you don't lower your reserve they discourage you from relisting for a no sale.
They are very aggressive with reserves which honestly they should be, they don’t want rnm (reserve not met). Seen some high end stuff there not get much, but maybe that’s just realistic prices? Dunno.
The market, in general, for classic cars in need of restoration has cooled off considerably from what it was. Imperials are particularly a niche type of car. I had a '67 Crown Coupe back in the late 90s, and even then parts were very difficult to find. About 15 years ago, I listed a convertible Imperial on Ebay for a friend as a parts car, thinking buyers would go bananas for it. The listing got ZERO bids and the car ended up in a crusher. I'm not a collector, but I wouldn't buy a classic Imperial to restore because parts just aren't available for them any more.
Brutal
Too many Imperials went to the demolition derbies.
Ebay sux, and yep I stopped using Craigs list because of fees. Maybe you would have done better if you had done a quick refinish on the upper half of the car and buffed her out all around. She looks straight , don't know what the interior looks like though.
Mistakes were made: 1. Selling any toy coming into winter reduces its value 25%. 2. Selling any car at auction only benefits the Auction company. 3. Selling at no reserve. 4. You have to look at everything from the buyer’s perspective: shipping, buyer fees, sales tax, repairs and wondering why this guy couldn’t sell it locally- what’s the seller hiding, etc. Just looking at the pictures it needs a full re-paint so right there is $10k+. 5. People are expecting co vid high prices when the economy is not good for 80% of the population right now. 6. It’s not a desirable car like a ‘69 Charger. 7. Hemings….I had no idea they did these auctions nor would I check here for this car, like you said: no traffic.
Best way to sell a car like this is locally. At a car show, niche MoPar event or on a dedicated forum, etc. in the middle of the summer!
But be thankful you only lost $4k. A friend of my had his ‘69 ElCamino professionally restored, probably in it $130k and got bored so he sent it to Barrett Jackson N/R. Hammer fell around $83k. Absolutely moronic but he never asked me for advice and neither did you 🤣 I just know that I’m perfect and I make the best financial decisions when it comes to vehicles!
Why does it need a repaint? The patina looks great.
@@rocketresto - if it looks so good why sell it? 🤷♂️
@@RustyZipper Have you watched my videos? I have like 10 projects ahead of this one, can't keep them all.
At least someone got a cool car
At an incredible deal!
@@rocketresto true. But could it be you are too used to high dollar muscle cars? If that car had a for sale sign on it down the street from me I would stop and look. But I wouldn't pay five grand for it. That's just me. I love these things but it's a yacht. Prices are so fucked up now. I found a brake drum that I need for my 68 d300.. I called all over the country and found a couple and the guy wants 400 for one or 700 for 2.. I only need one but that's over the top. But it's cheaper than swapping my axles to more modern 8 lug. It's hard to feel bad for sellers. I've bought trucks for less than the 1500 it cost to ship it. I never thought about getting my money back. I just buy the stuff I love. Speculators ruin everything
@@timbarry5080 Been trying to find a drum for a 67 W200 and can't find one. I just look at what it costs to restore and fix one of these and when I see one this clean...worth way more than the $2200 I got.
Buddy of mine has a 67 with the mobile director option
Super cool option!
@@rocketresto it is. His car is what I would consider F3 green.
Had a 65 imp ss 396 in high school. Had a 68 charger. 67 mustang FB. 440 dart. Camaro z28. I have zero interest in these overpriced tanks now.
Have you don’t a video on correct engine paint color by year ? And what paint do you use.
Did do an engine detail video but going through engine paints would be good, need more examples in the shop to show.
@@rocketresto I picked up a 68 charger at a very good price, not sure which blue the 440 should be. I painted it duplicolor Chrysler blue but just doesn’t look right.
@@Burnedout_garage Should be turquoise.
I must have missed the 2 crucial pieces of info somehow - what were you hoping to get for it, and what did it gavel at?
Sorry thought I mentioned both, wanted reserve at $6k, got $2250 for it.
@@rocketresto Ooof, I feel your pain. Someone got a screaming deal.
Selling sucks. I sold a 72 charger rallye on marketplace over the summer. Everyone wants a screaming deal or they nitpick the car to death, not to mention all the "Is it available" messages. I'm in no hurry to do that again.
If it doesn’t sell in the first two days it gets buried and doesn’t sell.
In my view your biggest mistake was dealing with Hemmings
Mistakes were made.
I'm surprised no one on Facebook Marketplace offered $200 for it.
Sure they did
Why don't you do a you tube video when you have something for sale? And have Jamie do one too. Lots of people will see it. Might work out but even if it doesn't it's basically free advertising.
Going to start doing that.
And potential cars, usually over reworked and or misrepresented.
Bit of a shame brother its a big risk doing the no reserve trademe here in new Zealand dose a $ 1 no reserve it just makes it a buyers market rather than a sellers
Damn. if I had known about it I would have bid. I certainly could have gone higher than that.
Ya probably should have advertised it better.
Did you tell your subscribers that the imperial was for sale? That it was listed?
I did but probably not well enough.
Most people price cars with their emotions,the market showed what someone was willing to pay at that time and place,happens can't dwell on it, had anice 71 nova sold 7g on ebay,5 years later there getting triple and up,car market is funny,don't beat yourself up
In a perfect market that is true but don’t think Hemmings Auctions has enough people on it to trust it.
Sorry to hear but Hemmings has a reputation of screwing people selling on their forum. Not to be rude but you would have been better off buying a car cover and leaving it outside.
Couldn’t do that to this car.
Always some folks trying to take advantage of somebody. I would plug a gully with my collection before i let those rich crooks screw me out of it. Gets my anxieties to acting up on me.
With FB there is the default 'is this still available', you have to backspace out the default and then type your comment
It’s so annoying to get 20 of those right after listing it.
@@rocketresto People accidently tap on it while they are scrolling. I've done it. It's a serious flaw that FB refuses to fix. Same thing with listing a make or model that's not shown as an option. If you go down to the very bottom and select "Other" you can avoid listing your Satellite as an Acclaim but most people don't know that.
Love. This. Car. Feel. Bad. Bout. Price. ❤❤❤❤❤
😢
No reserve on Hemmings? Very bad idea.
Mistakes were made.
Good afternoon,,,,,,,,, Yeee Yeee 😊
Yay yay
Not trying to be rude .but you said it's $3000 to send a car to arizona.but you just said you can ship them across the country for $1500
Did I misspeak? Don’t remember be saying that, it’s not $3000 to Arizona, closer to $1200-1300 to Arizona.
It's a C body. Very undesirable. Election time, gas prices. Need I go on.
I think they are desirable!
@@rocketresto not desirable. Forward Look guys would part it out
@@rocketresto I bet they drive like a cloud.
@@WONtothaGyou obviously haven’t seen 300 Hurst and Sport fury GT prices.
Sorry you got so little money for that car , worth way more l really liked that car. Forget auctions put the right price on it and just wait it's a Mopar it will sell
Was a little brutal
When somebody buys a car for so little money, they typically abuse it. It is very likely that the person that bought this will take the 440 and junk the rest. It is a very unfortunate end for this car. There are few cars in this era of US automotive production that really stand out in terms of performance, handling, styling, quality of construction, etc, and this is one of those. Quality is rarely appreciated in this country of ignorance, however, and this car is the victim of ignorance.
440s aren't in much demand either any more. I think that this car, being a coupe, has a good chance for a continued life.
@@arise2945 If indeed 440s are not in high demand, that would be good news. More C bodies will live, and perhaps even gain value.
you can still see the fox hole it dug back there
jaaaaaaaaaaaaaimie!!!!!!
That is really too bad. I would think that car is worth tons more money.
That's criminal selling thar beauty for what ends up to be $2,350. Post them here! There are still alot of us who like the big Chryslers!
Needs paint and you can get your price. Curb appeal is real.
Problem is it needs a $10k paint job to get $5k
Exactly what any potential buyer was thinking….
First off you know better to go no reserve. Ebay sucks and Facebook is fakes and flakes. Every car here sells on craigs list. No fakes no flakes real buyers. My son has his charger on Facebook and is getting bullshit trades and would you deliver and lame offers. Facebook you get negative comments and ass clowns too. Good for small stuff though. Cars not so much. The market is flooded because the country is broke too. So many great deals out there because of it. In my area anyway.
Mistakes were made.
Don’t go no reserve unless you have friends helping you out. Wink. Wink.
Well Jamie bid on it but not enough 😂
Because soon Schlaboubve laws soon will be forbid all Gas cars I would quicly sell all cars niw
Why not back out ? Is the sale legally binding ? It's not on ebay, they claim they are just an intermediary .That is why buyers and sellers who back out have no consequences except for some fees the seller may have to pay. Better than getting $thousands less. Morrlly you may not feel justified but legally you may be able to do it. Who knows, the buyer may have backed on on a lot of sales a nd purchases and plays the same game. Any way to look up his sales and purchases ?
Why try to screw the buyer over? Just another way to infuriate potential interested parties.
Hemmings is a contract so no way to back out, also not the way I do business. When I make a deal I follow through on the deal.
@@rocketresto I have had the majority of buyers back out on my and I am getting to the point of playing the same game unless I am contractually bound. Anyway, a deal is not a deal until I have the money in hand.
@@rocketresto Can or will they take you to court to enforce it ? I doubt it. I'll bet the only repercussion is to ban you from selling there and why would they do that? the get a big fat fee whether the sale goes through or not right ?