April 2024

Canada's national LIVE collector car auction

and collection dispersal service

Upcoming Live Auction Events

Collector Car & Memorabilia Auction

May 31 & June 1, 2024 - 7130 Roblin Blvd. Headingley, MB

• Consign now! Learn more here!
• Call/Text/WhatsApp us at 1.705.817.9519
• Email us at admin@Coast2CoastAuctions.ca
• Come see us at Rodarama this weekend!

Collector Car & Memorabilia Auction

July 6, 2024 - The Callie Club, 2225 Sandra Schmirler Way, Regina, SK

• Consign now! Learn More here!
• Call/Text/WhatsApp Des at 1.306.543.5777
• Email Des@Coast2CoastAuctions.ca | Follow us on Facebook
• Come see us at the Majestics Car Show this weekend!

Pedal to the Metal: The power of selling unreserved at the auction

In the world of collector car auctions, the decision to sell your prized possession unreserved can be a game-changer. While the prospect of letting your car go to the highest bidder without a minimum price might make your heart skip a beat, there are undeniable advantages to taking this bold approach.

Maximized Exposure

Selling your collector car unreserved ensures that it will garner maximum attention from potential buyers. Without a reserve price limiting interest, enthusiasts at the auction and around the globe are free to bid, driving up competition and ultimately increasing the final sale price.

Competitive Bidding

By eliminating a reserve price, you invite genuine competition among bidders who are motivated to secure the vehicle. This competitive atmosphere often leads to spirited bidding wars, resulting in a final sale price that reflects the true market value of the vehicle.

Transparency and Trust

Auctioning your collector car unreserved demonstrates your confidence in its quality and market appeal. This transparency fosters trust among buyers, reassuring them that they are participating in a fair and honest transaction.

Faster Sales Process

With no reserve price to negotiate or wait for, selling your collector car unreserved can expedite the sales process. Once the hammer falls and the highest bid is accepted, the sale is final, allowing you to move forward without delay.

Potential for Surprises

While it may seem daunting to part with your car without a safety net, selling unreserved opens the door to unexpected surprises. Bidders may exceed your expectations, resulting in a higher sale price than you anticipated.

Access to Serious Buyers

Serious collectors and enthusiasts are often drawn to unreserved auctions, knowing that they have a genuine opportunity to purchase a coveted vehicle without artificial barriers. This can attract a higher caliber of buyers who are eager to add your car to their collection.

Do you think that selling unreserved might be for you?

If you want to learn more, don't hesitate to contact us. We're here to share our years of experience with unreserved sales.

Fellow Collector Car Enthusiasts~

Excitement is building as our highly anticipated collector car auctions draw near.

If you're considering consigning and want to learn more, don't hesitate to contact us. And if you have decided to consign, let us know so we can reserve your spot in the auction and start promoting and marketing your vehicle to our worldwide audience of collector car enthusiasts. Our team is ready to assist you every step of the way, ensuring your prized possession receives the attention it deserves.

Don't miss out on the thrill you'll only find on the auction floor! Mark your calendars and join us for an unforgettable experience at our upcoming collector car auctions in Manitoba and Saskatchewan.

As always, if you have any questions about the auction process, give us a call—we'd be happy to hear from you.

Sincerely,

Craig Collingridge      

Blockman

President

705.817.9519 call/text/WhatsApp

Des Plewman

Head Auctioneer

Operations Manager

306.543.5777 call/text/WhatsApp

Are you putting a ceiling on your collector's value?

Don’t limit your collector’s value by continuing to advertise privately after consigning to the auction.

Consigning your vehicle to a live auction is an opportunity to reach a worldwide audience of serious buyers in a competitive atmosphere—potentially resulting in a higher sale price than private sales or online marketplaces.

When consigning your vehicle to a live auction, we recommend committing wholeheartedly to the process. Resist the temptation to market your car privately and list a price, because it can hinder the bidding momentum and ultimately lower your final sale price. Consider the following:

Continuing to market your vehicle in online platforms after signing up for a live auction may seem like a way to increase exposure, but it can work against you.

• Collector cars are a passion for many, and enthusiasts are a tightly interconnected community. Savvy buyers are watching our online platforms for consignments, and if they see your collector advertised elsewhere privately, you've just tipped your hand and showed the maximum price you'll accept to part with your collector.

Telling people that if you don't sell your car privately that you will be selling it by auction isn't a strong strategy.

• It might push a buyer to make a purchase, but can you be confident you got true value for your vehicle? Or did the buyer commit to the purchase to avoid competition and potentially paying more at auction?

The beauty of live auctions lies in the bidding process itself.

• With the excitement at auction where multiple bidders are vying to outdo each other, the final price can often exceed expectations. By committing fully to the auction and refraining from outside marketing, you allow this competitive atmosphere to work in your favor.

If you have questions about the advantages of selling at auction, let us know.

We asked Coast2Coast owners Craig Collingridge and Des Plewman: "What was a memorable or standout moment from your experience in the collector car auction industry?"

We appreciate you sharing this newsletter with anyone who may be interested.