BEST WAY TO SELL A HISTORIC RACE CAR?

[Mike Bell]

Like a lot of people, I find it much easier to buy cars as opposed to selling them. But needs must, and I have decided to sell one of the 'stable', otherwise the other projects won't ever get finished.

So what's the best method others have found......

On the verge with bit of paper inside the screen?

Well known auction website?

Private ad in glossy or glossies?

Specialist race car website?

Live auction at an event / show?

Any other way?

[Chigley]

Donate to a suitable charity? "Chigley Trust"

[GORDON STREETER]

Say that a very famous racing driver once walked past it or even sat in it !

[zefarelly]

Race cars direct for race cars

If you want it to get noticed, flea bay has the broadest field of view . . .. just put a classified ad in, it's cheap, and generates interest/enquiries . . . . I offered to help a customer sell an LC road car via a facebook page, got 5 decent enquiries for him in 2 days.

I've sold 4 Cortinas in the last 3 years, all within 24 hours of listing on fleabay.

[andy97]

I think that RCD is ok if the car is a modern and expensive racer or an FIA type Classic, but if it's more of a club race spec car then I'm not sure it's the right place anymore.

The Bay seems to be a good place to generate interest. You could also try this web site, http://www.carandclassic.co.uk/cat/21/ which always seems to have lots of race cars for sale these days,

"Motorsport Auctions" seems to be gaining popularity, as does putting your ad on Facebook and letting your own contacts share it around.

Finally, you could place the car with someone like Cheshire Classic Cars who will do all the advertising for you, for a fee/ %...

What are you selling?

[grantp]

I keep seeing Racingpal.com adds when viewing Tenths. A site partner.

If the potential market for the car has a European focus it might be worth investigating

[john ruston]

Anything other than an auction!

Lots of patience.

[Mike Bell]

Thanks, some food for thought there..... (Ignoring chigley )

Don't think it's appropriate to say what the car is on here, that would amount to free advertising.

I'll take heed of Johns comment, so next challenge is to get a proper handle on market value! Think that's the difficult bit.....

[photohsr]

There is also http://www.race-cars.com/
Bob H.

[Tim Falce]

What are you selling Mike?

[john ruston]

I use James Hanson of Speedmasters

Excellent bloke.

[Mike Bell]

Originally Posted by Tim Falce

What are you selling Mike?

Sorry Tim, not sure if appropriate or allowed to mention that on this forum?

Thanks John, they handle some good stuff!

[john ruston]

They need all the posts they can get on here.!

What is it?

[Chigley]

(Ignoring chigley )

[Tim Falce]

Originally Posted by Mike Bell

Sorry Tim, not sure if appropriate or allowed to mention that on this forum?

Thanks John, they handle some good stuff!

You're allowed cos I said you can but up to you if you want to say or not.

[Mike Bell]

Very rude of me- what I should have said is 'ignoring Chigley's suggestion'.....

John, I've checked the forum Q&As and as the discussion is on how to sell rather than selling, think may be OK! Sure Tim will soon let us know if not. Don't think it's something that will float your boat anyway, it's my Gp1 Escort touring car that had at Goodwood last March.

Edit-.Thanks Tim, just didn't want to broach any rules!

[Chigley]

Very rude of me- what I should have said is 'ignoring Chigley's suggestion'.....

[terence]

Mike, carsandclassic.co.uk has one of the broadest selection of countries-if not all.States, Australia and all of Europe.Oh, and its free, no fees nothing.

[Brian A]

Originally Posted by Mike Bell

Like a lot of people, I find it much easier to buy cars as opposed to selling them. But needs must, and I have decided to sell one of the 'stable', otherwise the other projects won't ever get finished.

So what's the best method others have found......

Mike

It's already been said - but I don't believe the auction route is the answer, very few competition cars seem to realise their value this way, although I've actually bought 2 competition cars at auctions!

I think that "word of mouth" is one of the best routes, spread the word wherever you can and you may be lucky.

Otherwise think of where you look yourself. The Car and Classic website has to be a good option as it doesn't cost anything and clearly has a wide audience. Race Cars Direst seems an obvious one, but I've yet to hear of anyone being successful via this site.

I've just sold my Lotus Eleven which I had previously entered at the Goodwood Members auction in March without success. No critism of Bonhams who were excellent. But the simple fact was there was no-one actually bidding on the day. I used one of the specialist firms at Bicester Heritage - Pendine - and got the result I wanted.

But the main message is that it is likely to take some time.....so have patience.

In the meanwhile, I'm sitting here in front of a roaring open fire while the wife is watching the 'Strictly' Christmas Special. I've got something more important to do - think about how to spend the proceeds of the Eleven sale. I feel another project coming on.

[Mike Bell]

Thanks for responding Brian. I have taken note of Mr Ruston's and your comments on patience being required!

After the world gets back to normal, first job will to be get info up on the popular websites- the ones I would normally look at!

[zefarelly]

I think Brian and Johns suggestions are both great, for a sorted car, road or race, the other websites and online auctions etc are more appropriate for projects.

I wouldn't know where to start if I wanted to sell PEA, or One of the (finished) Tornados.

[Nick JM]

Originally Posted by Brian A

.
In the meanwhile, I'm sitting here in front of a roaring open fire while the wife is watching the 'Strictly' Christmas Special. I've got something more important to do - think about how to spend the proceeds of the Eleven sale.

I hear there's a Group 1 Escort which might be in the market.....

[Mike Bell]

Originally Posted by Nick JM

I hear there's a Group 1 Escort which might be in the market.....

Hardly a project! 'Delivery mileage only' brand new.......

[zefarelly]

I thought it was just set up and tested? never raced or rallied . . . .

[andy97]

Originally Posted by Mike Bell

Thanks, some food for thought there....

so next challenge is to get a proper handle on market value! Think that's the difficult bit.....

There's a Group 1.5 Ecort RS2000 being advertised on RCD at the moment, in Portugal, at €40k. Portuguese classic championship winner apparently.

Of course, advertising it at that and getting that are 2 different things, but it's a start.