Bidding on a car means that you are agreeing to buy it. Classic Promenade strives to be transparent as possible with each car. That said, we still suggest you do your due diligence before placing a bid. If you do not intend to actually buy the car—do not place a bid.
The person who places the highest winning bid becomes the buyer (for no reserve vehicles, or when the reserve is met or exceeded). The buyer pays Classic Promenade Auctions a commission of 8% of the selling price plus a $395 doc fee. Keep in mind that all bids are binding, and there are no refunds should you wish to change your mind. See our full Auction Sellers Agreement here.
After the auction, we will work with both the buyer and seller to finalize all the details and logistics of the sales transaction. The buyer and seller will be placed in contact with one of our client services professionals to assist through closing of the deal.
All motorcars sold on Classic Promenade are subject to pre-sale evaluation. Once you have submitted your car, one of our Team Members will review your submission and get back to you in about 24 hours. If we believe your car to be a good fit for our auction, we will contact you to assist in the coordination of what type of fee structure is best for you.
Our experts will then begin to construct your car’s description based on the information that you provide. Ultimately, you are responsible for the accuracy of the description, so your approval is vital. When you sell a car through Classic Promenade, we will provide the professional photographer, videographer, and vehicle inspector to give your buyers a clear, accurate and genuinely transparent overview of your car.
Each seller may choose whether or not to set a reserve. Our expert staff can assist and make suggestions if need be. If you should decide that a reserve price is the best option for you, please refer to our Fee Structure section. If you have any questions about how to sell my classic car online, contact our experts today.
To submit a car for sale, you’ll first need to create an account. From there, simply click the “Submit a Car” link and follow the prompts. We will need your car’s make, model, year and VIN number. It is also important to include photos and any other information that you might consider to be relevant to the sale of your car. If we feel that your car is the right fit for our site, we will contact you within 24 hours to coordinate further.
No “Sniping.” In order to eliminate last second bidding or robot “sniper” bids, our auction clock will automatically reset back to 2 minutes remaining anytime a bid is placed within 2 minutes until close. In other words, if a bid is placed with 0:58 seconds until close, the auction timer will reset back to 2 minutes remaining. This process will happen until no more bids are placed within the last 2 minutes.
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