The Official Bring A Trailer (BaT) Thread

[oceansize]

There is also this game, but I'm not sure how well it works.

Well known dealer has some number of e46 m3s in inventory.
Puts one on BAT and the dealer via a third party bids it up.
Car sells at some ridiculous jacked up price.
The rest of their inventory, and newly arriving inventory, has magically increased in value.
The car that sold on BAT reappears six months later, back at the dealer, as an "alumni" vehicle.

[bmw]

Because they have no intention of parting with the money.

maw

Well I think the last guy to bid 100K for fun might be a bit nervous right now. I think BAT collects the buyer fee regardless, or at least attempts to.

[bavarian3]

Value and the assignment of mileage to "low miles" are not the same thing. I said nothing of the price or "value".

Context obviously matters though. This is being priced off the bat(ha ha) as a collector level example. I would agree in this context 30k miles is not that low. <10k mi LSB examples went for less. It's way past the point of store it in the show garage grade.

[bavarian3]

This looks like a really nice one. https://bringatrailer.com/listing/20...-m3-coupe-185/

such an awesome backdrop on the pics

[simon_c]

Up to $51k before it even hit my inbox... geeeez man... where's Reality when you need it?

maw

That's going to $80K+ imo

[maw1124]

This looks like a really nice one. https://bringatrailer.com/listing/20...-m3-coupe-185/

Up to $51k before it even hit my inbox... geeeez man... where's Reality when you need it?

maw

[simon_c]

This looks like a really nice one. https://bringatrailer.com/listing/20...-m3-coupe-185/

[maw1124]

... It's interesting to me that this car is already at 100K (why are people bidding in 10K increments 5 days prior to close?)...

Because they have no intention of parting with the money.

maw

[1000hp]

Value and the assignment of mileage to "low miles" are not the same thing. I said nothing of the price or "value".

I'd call 30k very low miles for a normal, driver car. If I was Mr. Moneybags paying 100k for an EAG car, it probably wouldn't be low enough miles to brag about to my Mr. Moneybags friends.

[discoelk]

Value and the assignment of mileage to "low miles" are not the same thing. I said nothing of the price or "value".

[1000hp]

[QUOTE=bmw;n343368]

How is 30k not low miles?

30K is not low miles in the specific context of potentially selling for over 100K. Assuming anyone doing so is considering this car an investment.

Is an e46 M3 ever really worth 100k? I don't think so, even with 30 miles. Maybe a CSL.

People paying $100k for restored e46 M3s have an entirely different type of money, and that 100k does not have the same value that it does to the average person.

[bmw]

[QUOTE=discoelk;n343365]How is 30k not low miles?

30K is not low miles in the specific context of potentially selling for over 100K. Assuming anyone doing so is considering this car an investment.

[discoelk]

How is 30k not low miles?

I wouldn't assign much logic to the bidding. Lots of folks who run up bids on that platform have neither the intention or means of buying a car like that. They just bid for "fun" and depart before things get serious.

[bmw]

EAG Intelagos/Cinnamon, low miles, clean.

https://bringatrailer.com/listing/20...n=Model_Update

It's nice but is 30K low miles? This car is basically a well kept and maintained driver.
It's interesting to me that this car is already at 100K (why are people bidding in 10K increments 5 days prior to close?)
Makes you wonder what a true concours 6spd ZCP with delivery miles would go for now? 250K?

[BlueBimmers]

Interesting to me that EAG now considers BaT another sales channel. IIRC in the past they used BaT for cars that for some reason fell a little short to sell direct - accident, irreversible mods, that sort of thing. In any case I think their business model now is more about service than sales.