Bring A Trailer

Bring A Trailer: The Historic Festival offers three days of amazing vintage car racing with practice and qualifying on Friday and full days of racing on Saturday and Labor Day Monday.

With free access to paddocks and cars, it’s also super spectator-friendly. Add book and poster signings, the Harpoon beer tent, food trucks, and vendors, a kid’s club, and a large swap meet with car parts and unique automotive collectibles, and there’s something for everyone. Additionally, Bring a Trailer’s first Northeast Alumni Reunion (see coverage here) offered an opportunity to meet with BaT folks and alumni. The barbecue was splendid.

Bring A Trailer
Bring A Trailer

Bring A Trailer Auction

“The Speedster was a passion buy, an emotional buy,” Kogan says. “I’d hunted a Speedster forever. It was the color I wanted. This was the build I wanted. It checked every box. In the end, I got into a little bit of a bidding war to get it, but I couldn’t stop. At the end of the day, it was still a great purchase.”

He’s not the only one spending big bucks buying cars he’s never seen in person, let alone driven. Bruce Meyer, the Rodeo Drive real estate mogul and a prominent collector who was the founding chairman of the Petersen Automotive Museum Foundation in Los Angeles, recently used Bring a Trailer (or BAT) to find a 1935 Bugatti Type 57 in black, with rich golden sides that give it the poise of a monarch butterfly. It cost him almost $1 million.

Bring A Trailer
Bring A Trailer Auction

“I had tried to buy it 20 years before that, but I missed it,” Meyer says. “I never would have known about it and found it again had I not known about Bring a Trailer.”

Bring A Trailer British

Kogan and Meyer are the type of big-money buyers the unassuming online auction company has attracted in the years since Randy Nonnenberg co-founded it in 2007. (Michael Strahan is another prominent fan; most notably he used it to buy a rare 1994 Porsche 928 GTS manual coupe.) The site has become so successful that the online used-car classifieds Hemmings has announced an upcoming version of its own, called Hemmings Auctions.

Nonnenberg, a former mechanical engineer for BMW of North America, started BAT with a college buddy as an easier way to share links about cars they wanted rather than emailing them back and forth the way they had for years. After tag-teaming to find and buy a long-desired Corvette, they got to thinking.

In Expert’s Words

“Whether I was in the market for a car or not, I was always looking at cars on eBay and Craigslist, and I’d help friends find cars, too, sending them links and stuff,” Nonnenberg says. “So the start of it was a very basic blog format. It was a very immature experiment to just start writing about cars.”Read Also: Smith And Wesson Stock

Turns out more people wanted help finding cool cars to buy than he expected. In its first year of offering cars to the public, in 2014, BAT listed 450 cars for an average sale price of $21,000 and a sale rate of 72%. Last year it listed 7,718 auctions with an average sale price of $28,000 and the sale rate was 74%. In the first half of this year, BAT listed 5,131 cars for sale, vs. 3,224 for the first half of 2018, a 60% increase that came with a sale rate of 73%.

Bring A Trailer is an online platform that enables users to find and purchase vintage vehicles through auctions. Individuals can bid on and sell barn finds rally cars, and more. Bring A Trailer was launched in January 2007.

Whether the car sells or not, you pay just $99 to list your car with BaT Auctions. If you win a BaT Auction we charge 5% of the final bid price, with a minimum fee of $250 and a max fee of $5,000. The fee for sales higher than $100,000 is capped at $5,000. Thus it ends up less than 5%.
Auctioneers charge the seller a commission, which is typically a percentage of the gross sales, or a minimum fee, whichever is greater. For example, an auctioneer charging the seller 15% or $1,000 would earn $1,500 for a $10,000 auction but earn $1,000 for a $5,000 auction.

Bring A Trailer Motorcycle

Bring A Trailer Italian

Bring A Trailer American

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