this post was submitted on 21 Aug 2023
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I had a 2015 Corolla, very popular. $12k according to TM value my car. Went to Turners, started at $7k which became $8k quickly. I walked away and he quickly came back with $9. He tried to seem he didn't care but I got very suspicious that he added $2k so easily.
He didn't want to put it for auction, "as it's a very popular car so there's a lot of supply and people are looking for a deal"??? When I tried to put up a less popular car, the answer was "it's not a very popular car, so not worth putting up for auction". Very strange.
Sold it privately on TM for a bit more than $12k within 3 days.
Sold another car privately for a bit more than $2k as $1 reserve as premium listing, via Turners auction the highest bid was $1k.
I'm not expecting much, I get that they have to onsell the car afterwards so I won't get top dollar. Looking on TM many are listed for only around 5-6K and ours has a bit more cosmetic damage here and there. I think if it was a more modern or popular car like a corolla in better condition I would think twice. I do want it gone sooner rather than later too.
Anyway I have to bring it in for them to have a look first.
An option is to list for $1 reserve as premium listing, I've seen various stories that it worked out well, and you will definitely sell. We initially listed ours for $2k reserve, no offers, then $1 reserve and sold for $2200 :) YMMV of course. Good luck!
Thanks, that might be the go if it's a particularly bad offer!