Potentially Selling CT5 BW

[DCV]

Try selling a superbike. Been there and done that with Honda, Ducati and Aprilia. Lots of weird people that are one check away from having the money, waiting for inheritance, waiting for an injury claim, selling their beater but modded truck…. And so on. Finally I stopped dealing with that crap and typically sold them back to the place I bought them from. Sure I get less money, but time lost and frustration has its costs too. Same with my 911s, sold them back.

 

[autoregression]

I sold a car on BAT. It was a fun experience.

It was a rare enthusiast vehicle, about 9 years old with 80k miles. Not exactly the kind of car that dealers get excited about (CarMax and two local dealers offered me 50% of trade in value). I had previously sold a built enthusiast vehicle and it took 4 months on Autotrader, so I wasn't looking to wait that long again.

I took the pictures myself for the listing (the car was gorgeous). I got exicited when a 4 way bidding war broke out, but that abruptly fizzled and the car sold for exactly what it should (bluebook plus the auction fee). The seller flew in (I picked him up at the airport), and then said, "hope you don't mind if I pay with a certified check and $10k in cash?" LOL

 

[Savethemanuals]

You can also reach out to some of the high-end used car dealers. Clean inventory is their life line so they typically pay above what an average dealer would for great condition used cars. I've had luck with this route as well as Autotrader in the past.

BaT success relies on how well equipped your vehicle is with enthusiast-desired options. Fully loaded cars with low miles bring the $ but moderately optioned cars regardless of miles are at higher probability of not meeting reserve if you insist on a higher reserve. Here is an example of one that ended yesterday. Great looking '26 but no CF options, mid-tier seats. Didn't meet reserve at $95K.

2026 Cadillac CT5-V Blackwing 6-Speed

Bid for the chance to own a 2026 Cadillac CT5-V Blackwing 6-Speed at auction with Bring a Trailer, the home of the best vintage and classic cars online. Lot #244,537.

bringatrailer.com

 

[Deneed4spd]

You can also reach out to some of the high-end used car dealers. Clean inventory is their life line so they typically pay above what an average dealer would for great condition used cars. I've had luck with this route as well as Autotrader in the past.

BaT success relies on how well equipped your vehicle is with enthusiast-desired options. Fully loaded cars with low miles bring the $ but moderately optioned cars regardless of miles are at higher probability of not meeting reserve if you insist on a higher reserve. Here is an example of one that ended yesterday. Great looking '26 but no CF options, mid-tier seats. Didn't meet reserve at $95K.

2026 Cadillac CT5-V Blackwing 6-Speed

Bid for the chance to own a 2026 Cadillac CT5-V Blackwing 6-Speed at auction with Bring a Trailer, the home of the best vintage and classic cars online. Lot #244,537.

bringatrailer.com

Thanks for the latest bat. It’s interesting. Mine is not fully decked out so I makes me think a bit.

 

[jbawden]

As I said earlier, you can't discount timing of the sale. Elevated fuel prices, war, uncertain employment indicators, inflation/interest rates possibly trending positive...it all adds up to negative consumer sentiment. If you just want to dip, then you're going sell for less than what you think. If you'd like to sell but don't need to sell, I'd sit on for a few months and see if the war ends, fuel prices go down, and see if you can benefit from a spike in a positive outlook on the future and a dwindling new inventory.

 

[Deneed4spd]

As I said earlier, you can't discount timing of the sale. Elevated fuel prices, war, uncertain employment indicators, inflation/interest rates possibly trending positive...it all adds up to negative consumer sentiment. If you just want to dip, then you're going sell for less than what you think. If you'd like to sell but don't need to sell, I'd sit on for a few months and see if the war ends, fuel prices go down, and see if you can benefit from a spike in a positive outlook on the future and a dwindling new inventory.

U seem the stock market at 7500! Soon to go to 8000! Rich people are awash in $$$!

 

[piranha971]

U seem the stock market at 7500! Soon to go to 8000! Rich people are awash in $$$!

Yea.....Here we go again

Shiller PE Ratio - Multpl

Shiller PE Ratio chart, historic, and current data. Current Shiller PE Ratio is 42.32, a change of -0.01 from previous market close.

www.multpl.com

 

[blkout]

Probably looking at $82-85K depending on how bad someone wants that combination.

 

[jbawden]

U seem the stock market at 7500! Soon to go to 8000! Rich people are awash in $$$!

There is a difference between building/having wealth in stocks and one’s desire to use disposable income on a sports car right now.

 

[jonny_77]

Jeepers - what a gain/loss! Carvana has always been solid (sold my M2C) but BAT might bring in a slightly higher price with more ass pain - if that makes sense.

 

[rubberduck]

There is a difference between building/having wealth in stocks and one’s desire to use disposable income on a sports car right now.

There is also a difference between having stocks vs. a pile of cash at home. I have too many that I cannot sell for tax reasons. I’m going to have to retire to gain access to the stocks. First world problems.

As far as a private sale, i’ve had far better luck with used pickup trucks with a low value. $80K cars I think would be much more difficult. All the joy drivers will come out of the woodwork. Ask me how I know.