Article by Dave Sherva
The StatisticsMost searched for term on eBay: Xbox 360Most Watched Item: One Owner 1942 Vintage Martin D-45 Guitar Hmm. No collector cars here!
Most Popular Make and Model Listed1969 Chevrolet Z-28 Camaro. Low Retail ,100Average Winning Bid: ,296. A staggering ,804 off a low market price.
Top Auction:1968 Shelby : Shelby GT500 Matching #sAuction ID: 4611842807 – Winning bid 8,000
Auction Results From February 9 to February 22 20061,000 Collectible Automobile Auction listings were examined280 Sellers appeared to be dealers4,944 Bids Were Placed120 Cars Had 0 Bids263 Cars Reached the Reserve Price (Successful Sale) estimated gross ,911,000738 Cars Did Not Reach Reserve (No Sale) estimated gross ,400,000Volume of Non Winning Bids ,900,000Average Winning Bid: ,296Successful Sales ,911,000
*Estimated eBay Revenue ,000 (based on current eBay insertion fees),000 from Auctions reaching the Reserve Price,000 from Auctions not reaching the Reserve Price (No Sale)Estimated Fees Collected: ,000
The eBay Money MachineKeeping the above statistics in mind, the emergence of new online auction sites has been a bit slow partially because of the tremendous marketing power of a multi-billion dollar behemoth that rivals Wal-Mart in the marketplace. Most have gone the way of the Mom and Pop stores. One of the biggest challenges faced by alternatives to eBay is attracting sellers who are willing to give them a shot. You need listings to attract bidders and you need traffic to attract sellers. It’s the whole chicken and the egg story.
Challenges with eBay.The good news is millions of buyers and sellers meet online every month to look for bargains, rare and unique items and yes even collector cars. The bad news, fake cashiers checks, stolen cars, fraudulent emails and more. As you can see from the stats we gathered many individuals spent .00, answered a lot of questions, sent a lot of pictures and unfortunately the car still sits in the garage. Are there other options?
The Route 66 AuctionThe Route 66 Auction an emerging online auction site that touts “No Dolls, No Knick Knacks…just everything automotive”. You can place your vehicle online for .95 and they will relist it until it sells at no additional charge. They also have a marketing program that will place your vehicle in an online auction and then advertise it in car classifieds sites like Hemmings, Old Car Trader and Collector Car Trader Online. The owner of The Route 66 Auction, Shane Corliss has chosen more of a grass roots ad campaign-Car Clubs, make and model specific websites, discussion board postings and every link exchange he can get their hands on. Adoption is slow but steady. You might want to show them your support by registering at http://www.theroute66auction.com.
Cal CruisingWith over 12,000 members nationwide, CalCruising is one of the largest online auction sites for Classic and Muscle Cars. In addition to auctions, they are a full service transportation super-site with many site features including, Auto-Dispatch, Auto Directory, Dealer Programs, Muscle Car Directory, and much more. CalCruising Members can post auctions for free in our Member area or for post their vehicles in featured auctions and be seen by thousands of collectors and enthusiasts. Already members have run over 5,500 auctions and placed over 26,000 bids. As far as presentation CalCruising needs a huge face lift but their results speak for themselves. Your can check them out at http://www.calcruising.com.
Online auctions can be a great way to sell your collectible automobile. Explore your options and do not become discouraged. A collectible automobiles is sold every day. The keys are persistence and effective targeted marketing.
About the Author
Start making money now with Ebay!I’ve included everything you need to startmaking a profit tonight. Make 2010 your yearto shine. Act Now while it’s still FREE! Free Ebay Profit Pack
Optional 5.4 Liter (All Alum. Block) Supercharged & Intercooled V8, Optional 5 Speed (Liberty) Manual Transmission, Quick Fill 9in Rear Housing w/ 4.30 Gear Ratio, Bucket Seats w/ Cobra Jet Embroidery & 5 Point Harness, Liberty V Gated Shifter, P. Windows, Push Button Start, Whipple Twin Screw Supercharger, Ford Racing Tach & Gauges w/ Shift Light, Light Weight Racing 4 Wheel Disc Brakes w/ Line Lock, Driveshaft Loop, 3 Link Rear Suspension, Adjustable Shocks, Fuel Sampling Port, Fiberglass Cowl Hood w/ Hood Pins, Cobra Jet Cold Air Kit, Ceramic Coated Long Tube Headers, 8.50 ET NHRA Certified Roll Cage, Launch Control, Battery Shut Off, Fuel Cell, Window Net, 10in Billet Clutch, Weld Cobra Jet Racing Wheels w/ Hoosier Drag Slicks, The Limited Run of 50 Cobra Jets Sold in Less Than 2 Weeks! #22 of Only 50 Cobra Jets Produced in 2010, Brand New Out of the Pkg. Collector Car w/ All Paperwork & Books, Ford Racing Ready-to-Race Bad Boy Pony Car!!
Related New Collector Cars Articles