Just wondering if anyone's sold a car on consignment with a classic car dealer, or knows anyone who has. I'm interested in what kind of experience it was, and what advice they might have. THX.
Sold a 73 Riviera through Streetside Classics and it was a positive experience. Took six months but we lowered the price and I got what I wanted out of the deal. Sold 3 through Classical Gas Motors in Arlington Tx and excellent experience. Again, took 4-6 months but deals came through and I got the money I wanted. Hope that helps.
I'd be very careful about doing it. I had been looking for a `71 El Camino for several months and came across some pretty shady dealers/brokers. One of them I called that was only about an hour from here told me he would contact the owner to see if it was still available. When I asked what he meant by that, particularly because he told me he had it consigned, he said I had to give him a deposit and then he would give me the contact information of the owner. No way am I going to do that so even though I was pretty interested in that car, I no longer was. I had to wonder how the guy was ever going to get his car sold but I also suspected it was a scam, particularly because the dealer was in Illinois and the car was supposedly in Tennessee, although it had Georgia plates on it in the ad. I did end up finding the car I wanted on craigslist. My advice would be to try and sell the car yourself and forget about handing over some of the proceeds of the sale to a dealer/broker.
Like any type of business, there are good and bad dealers. Research and references are the best way to sort them.
We purchased and sold thru Gateway Classic Cars in the St. Louis area. It was a good experience for us. Their advertising reaches world wide.
