Classic cars sell for the highest prices at auctions
" Where are classic cars the most expensive?", we asked two weeks ago and the answers surprised us a little.
Apparently, the constant record-breaking reports from the auction houses are having an effect and 39% of Zwischengas readers are convinced that you can get the highest price for a classic car at an auction.
The classic car fair came in second place. 21% of respondents believe that the best prices can be achieved there.
In third place, at 18%, came advertisements on the Internet (e.g. on Zwischengas), followed at a slight distance by dealers, who 14% think could generate the highest price for their classic car. Only then, and well behind, is the advertisement in the printed magazine, which only 3% of respondents consider to be the best channel when it comes to achieving the highest selling price.
2% of readers thought that there were other channels that would be significantly more lucrative.
The question was asked on a "net" basis, i.e. the aim was to assess the means by which the seller would achieve the highest amount in their wallet. The sales margins, around 10 to 20% for an auction house and roughly the same for a dealer, had to be "deducted". The advertisements on the Internet and in the print magazine naturally come without such a margin, apart from the insertion costs. Trade fair sales also only involve the rental costs for the space, but no value-dependent percentages. At the end of the day, of course, it very much depends on the car that is to be sold. A 300 SL is certainly a different issue than an Opel Kadett A.
For the sake of completeness, here are the results:
A next "Question of the Week" has already been asked. This time we want to know how much classic car owners are prepared to pay to take part in events.
Previous Questions of the Week and their results canbe found here .
