1990 ZR1 sold for $38,500 at BJ

[Eric870]

WOW. It only had 5000 miles...

[jrd1990zr1]

Do you know what the lot # was, color?

[ZR1Vette]

Good to hear and to think you then add seller and buyer premiums for BJ...

[Eric870]

Originally Posted by jrd1990zr1

Do you know what the lot # was, color?

Lot. 1215.2 color Red

[Eric870]

Originally Posted by ZR1Vette

Good to hear and to think you then add seller and buyer premiums for BJ...

I think the $38,500 includes the buyer fees.

[bb62]

Originally Posted by Eric870

I think the $38,500 includes the buyer fees.

Yes it does, but still, the buyer knows that going in to the auction. He's still paying $38.5K.

[A1990]

10% to buyer and the I am sure 10% to seller. Use to be 7% a few years ago.

So take off 10% and then another 10% and then you get the sellers cut.

[1989ZR1#74]

Originally Posted by A1990

10% to buyer and the I am sure 10% to seller. Use to be 7% a few years ago.

So take off 10% and then another 10% and then you get the sellers cut.

Seller pays 8% (GM only paid 4% on the 89 ZR-1)

1215.2

$35,000 Hammer Price
$3,500 Buyers Commision (10%)
$38,500 Total

Seller
$35,000 Hammer Price
$2,800 Sellers premium (8%)
$32,200 Sellers take (paid within 21 days of end of auction)

BJ total commision:
$6,300