Not joined yet? Register for free and enjoy features such as alerts, private messaging and viewing latest posts and topics.

Crowdfunding for a better way of trading classic cars.

Discount codes and service & product offerings from forum members
Post Reply
breezer
Member
Member
Posts: 163
Joined: Tue Nov 29, 2011 7:42 pm

Crowdfunding for a better way of trading classic cars.

Post by breezer » Tue Nov 20, 2018 9:53 pm

I won't mention any names or post any links here, but how does the forum feel about my talking about a startup I'm working in?

It's highly relevant to many users, but it's undergoing crowdfunding so I don't want to be seen as advertising without paying for it.

We believe we're the best and cheapest way to buy/sell a classic car - by auction or negotiated sale.

The best, because (i) we only offer the best cars (we turn down the vast majority that ask to be listed), (ii) we offer the most detailed listings on the market, with typically 300+ photos of all parts of the car, 30 minutes of videos including cold start and drive with the owner, and (iii) because we pre-vet all buyers and sellers, and are working on a proper, fully FCA Authorised escrow service so nobody risks their money or their car.
The cheapest because we charge the seller £0 and the buyer only 6% including VAT. This compares with an average of 15% commission charged to the seller AND 10% to the buyer. We don't believe middlemen should get away with charging that much.

Our consignment process is so rigorous 3/4 of our buyers so far have happily completed without having even visited their new car.

We launched the service at the end of last year in beta phase and started trading in earnest from January this year. In that time we’ve continued to develop our products whilst also running and growing the business, as a result we have helped sell over £800,000 worth of classic cars. This was a tiny proportion of the cars that we were asked to sell, because we focus on only selling the best examples - cars that we ourselves would be proud to own.

Would anyone be interested in hearing more about this? Mods, how do you feel about me revealing the name?

User avatar
Marlon
Lifer
Lifer
Posts: 10899
Joined: Mon Jan 05, 2015 11:13 am
Location: Lancs.
Contact:

Crowdfunding for a better way of trading classic cars.

Post by Marlon » Wed Nov 21, 2018 9:51 am

You can have a crack at it here in Discount codes and forum services
Image
Gone: 3.0si 2008 E85
911 997 Carrera S

breezer
Member
Member
Posts: 163
Joined: Tue Nov 29, 2011 7:42 pm

Crowdfunding for a better way of trading classic cars.

Post by breezer » Wed Nov 21, 2018 1:15 pm

Marlon wrote: Wed Nov 21, 2018 9:51 am You can have a crack at it here in Discount codes and forum services
Many thanks Marlon.

Our business is Trade Classics, and you can find out more about the crowdfunding round here: https://www.tradeclassics.com/crowdfunding/

We'll be offering Silver, Gold, and Platinum tier perks for different size crowdfunders - the platinum level offers a Porsche ice driving experience and 2 nights in Sweden including flights and £200 spending money.

I'm happy to send around the pitch deck if anyone wants it, but for now here's a video of our founders explaining what we do and why:
[youtube]https://youtu.be/kBOVg3jU64U[/youtube]

Even if you don't want to hear more about the business itself, we'd be delighted to talk about selling your pride and joy. For an idea of the level of detail we get into, please see the following auction: https://www.tradeclassics.com/auctions/ ... nvertible/

I'd be happy to answer any questions!
Last edited by breezer on Sat Nov 24, 2018 10:14 am, edited 1 time in total.

User avatar
Beedub
Lifer
Lifer
Posts: 11001
Joined: Wed Sep 10, 2008 2:25 pm
Location: Sutton Coldfield

Crowdfunding for a better way of trading classic cars.

Post by Beedub » Wed Nov 21, 2018 8:30 pm

Well done man wish you ALL the best and success!!
www.topwrapz.com - Multi Award Winning - Detailing | Vinyl Wrap | Paint Protection Film Specialists |

breezer
Member
Member
Posts: 163
Joined: Tue Nov 29, 2011 7:42 pm

Crowdfunding for a better way of trading classic cars.

Post by breezer » Sat Nov 24, 2018 8:18 am

Many thanks Beedub! I’m working on my partners to get a discount code for Z4Ms!

breezer
Member
Member
Posts: 163
Joined: Tue Nov 29, 2011 7:42 pm

Crowdfunding for a better way of trading classic cars.

Post by breezer » Fri Jan 04, 2019 3:23 pm

We’re now live on Seedrs! Thanks for all the messages of support!

www.seedrs.com/trade-classics

Post Reply