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Built for Serious Racers
Submit First — A Curated Marketplace
Choose Your Format
Hybrid Auction — The Best of Both Worlds
EXR’s signature format and our key differentiator. Most online auction sites force your listing into a single 7-day window — sell or relist. Most classifieds give your listing no urgency at all and leave you waiting. Our Hybrid Auction gives you both: a competitive 7-day Live Auction paired with a 7-day Buy Now/Make Offer window, cycling continuously every 14 days until the asset sells. Buyers who want to bid, bid. Buyers who want to act now, buy now. Two ways to close on one listing — and you keep cycling until you sell.
- Live competitive bidding drives price discovery during the 7-day auction window
- Buy Now and Make Offer stay active during the 8-to-14-day Live Preview before the first auction opens, and during every 7-day Buy Now/Make Offer window between cycles
- Reserve auction (platform default) protects your minimum sale price
- No-Reserve auction maximizes engagement when you’re fully committed to selling at any final bid
- Continuous cycling every 14 days until sold — no relisting fees, no extra steps, no expiring listings
- Counter-Offers supported. During Buy Now/Make Offer windows, sellers may accept, counter, or decline a buyer’s offer; counter-offers may be exchanged with no round limit. Full window rules below.
Hybrid Auction is the right format for the vast majority of EXR listings. The competitive bidding component drives price discovery and urgency you don’t get from a classified ad; the Buy Now/Make Offer component captures the buyer who’s ready to act today and doesn’t want to wait for the next auction cycle.
Direct Sale (Buy Now / Make Offer)
A continuous Buy Now and Make Offer listing — no auction periods, no competitive bidding. Built for sellers who already know their number and prefer a private negotiated transaction.
- Buyers can purchase at your Buy Now price or submit a private offer at any time
- All inquiries managed through your Seller Dashboard
- Same Platinum Service preparation, marketing, and concierge support
- Counter-Offers supported. Sellers may accept, counter, or decline a buyer’s offer within 72 hours; buyers may respond to a counter-offer within 72 hours. No round limit. No-response within 72 hours is treated as a decline.
Direct Sale is the right choice when you have a firm asking price and want a quieter, classified-style listing without the auction component.
Not sure which format fits your asset? Contact our team — we’ll guide you to the right choice. For most race cars, the answer is Hybrid Auction.
Reserve vs. No-Reserve (Hybrid Auction Only)
Reserve Auction (platform default). Your listing only sells if the highest bid meets your confidential minimum. You’re not obligated to sell if bidding falls short. Reserve is the right choice for almost all sellers — especially first-time auction sellers and assets with a clear minimum sale expectation.
No-Reserve Auction. The listing sells to the highest bidder, regardless of price. No-Reserve typically generates the strongest engagement and the most competitive bidding because buyers know the asset will change hands — and that’s exactly what makes it the right strategy for some sellers. The trade-off is real: your asset will sell at the highest bid even if it falls below your expectations. Once a No-Reserve auction goes live, it cannot be paused or canceled. We recommend No-Reserve only when you’re fully comfortable with that outcome at any final bid level.
Pricing
$0 to list. 5% Sales Premium only on a successful sale (Buyer’s Premium is the Platform Default Setting).
The Sales Premium follows three simple rules:
- $750 minimum on every successful sale.
- 5% rate, capped at $7,500 on sales from $15,000 through $749,999. The cap kicks in at $150,000 (where 5% × $150,000 = $7,500) and holds steady through $749,999.
- 1% rate, no cap on sales of $750,000 and above.
- Who Pays? Buyer (Platform Default) | Split Fee or Seller Fee Options Available
| Sale Price | Sales Premium | Explanation |
|---|---|---|
| $15,000 | $750 | $750 minimum |
| $30,000 | $1,500 | 5% rate |
| $75,000 | $3,750 | 5% rate |
| $100,000 | $5,000 | 5% rate |
| $150,000 | $7,500 | $7,500 cap reached |
| $500,000 | $7,500 | $7,500 cap holds |
| $750,000 | $7,500 | 1% rate begins (1% × $750K = $7,500) |
| $875,000 | $8,750 | 1% rate |
| $1,000,000 | $10,000 | 1% rate |
| $1,500,000 | $15,000 | 1% rate |
The Sales Premium is collected only upon a successful sale and is non-refundable except as outlined in our Terms of Service.
Who Pays the Sales Premium?
You choose during listing creation:
- Buyer’s Premium (Platform Default) — The buyer pays the full 5%. You pay nothing and net 100% of the sale price.
- Split Premium — You and the buyer each pay 2.5%.
- Seller’s Premium — You cover the full 5%. The buyer pays nothing.
Left untouched, Buyer’s Premium applies — the buyer absorbs the premium and you net the full sale price.
Examples (at default Buyer’s Premium)
- $30,000 sale → buyer pays $1,500; seller nets $30,000
- $75,000 sale → buyer pays $3,750; seller nets $75,000
- $150,000 sale → buyer pays $7,500 (cap applies); seller nets $150,000
- $500,000 sale → buyer pays $7,500 (cap applies); seller nets $500,000
- $750,000 sale → buyer pays $7,500 (1% rate begins); seller nets $750,000
- $1,000,000 sale → buyer pays $10,000; seller nets $1,000,000
The Sales Premium is collected only upon a successful sale and is non-refundable except as outlined in our Terms of Service.
How Hybrid Auctions Work
- Submit your listing. Free to submit. Approved within 72 hours.
- Listing preparation. Our team prepares copy, media, pricing, and auction settings before going live.
- Live Preview (8–14 days). Listing publishes with Buy Now and Make Offer active immediately. Auction opens on the second Tuesday after publication.
- 7-day Online Auction. Bidding runs Tuesday 12:00 AM UTC through following Monday 11:59 PM UTC. Buy Now and Make Offer are temporarily disabled during the Live Auction.
- Bids are placed in $100 increments through the Incremental Bid Box, or by setting a maximum private Proxy Bid that auto-bids on your behalf only as much as needed to keep you ahead. Sniping protection extends the auction by 2 minutes for any bid placed in the final 5 minutes; each new bid restarts the 2-minute timer; the auction closes only after 5 consecutive minutes pass with no new bid. Full bidding mechanics with worked examples are on the Buyer Process page.
- Buy Now / Make Offer (7 days). If reserve isn’t met, the listing transitions to a 7-day Buy Now / Make Offer window.
- Buyers can purchase at the Buy Now price or submit a private Make Offer below it. Sellers have 72 hours to accept, counter, or decline; buyers have 72 hours to respond to a counter-offer with accept, further counter, or decline. There is no limit on the number of counter-offer rounds. No response within 72 hours is treated as a decline.
- Auto-cycle until sold. If unsold, the listing re-enters the next bi-weekly auction cycle automatically. No relisting fees, no extra steps.
- Sale completed. When a buyer wins by auction close, Buy Now, or accepted offer, the 5% Sales Premium is collected and both parties receive contact information and closing documentation.
Auction Schedule:
- Auctions open: Tuesdays at 12:00 AM UTC
- Auctions close: Mondays at 11:59 PM UTC
- Cycles are bi-weekly
- Custom timelines available upon request (EXR makes the final determination)
How Direct Sale Works
- Submit your listing. Free to submit. Approved within 72 hours.
- Listing preparation. Our team prepares copy, media, and Buy Now / Make Offer settings before going live.
- Listing goes live. Buy Now and Make Offer active immediately. No auction periods. Listing runs continuously until sold.
- Concierge-managed offers. All inquiries and offers are vetted by EXR before they reach you. You respond at your discretion through your Seller Dashboard.
- Sellers have 72 hours to accept, counter, or decline a Make Offer; buyers have 72 hours to respond to a counter-offer. No limit on counter-offer rounds. No response within 72 hours is treated as a decline.
- Sale completed. When a buyer pays your Buy Now price or you accept a Make Offer, the 5% Sales Premium is collected and both parties receive contact information and closing documentation.
The 7-7-72 Timeline
After a sale is completed, all buyers and sellers agree to the following:
- 7 business days for Buyer to complete a Pre-Purchase Inspection (PPI)
- 7 business days for Buyer to fund the full purchase price
- 72 hours after confirmed payment for Seller to release the asset and title.
We call this our 7-7-72 timeline. Full details and refund terms are in our Terms of Service.
Listing Standards
EXR is curated by design. The standards below apply to every listing.
- Accurate and complete information. Specifications, history, condition, modifications, known issues, and pricing must be honestly represented. Material omissions are grounds for removal.
- Minimum photo and video. Up to 250 photos (15 MB max each) and 25 videos via YouTube or Vimeo. We recommend a 25-photo minimum to give buyers the documentation they expect.
- Condition rating. Every listing carries a seller-disclosed A–F condition rating supported by photos, video, and/or a PPI report. Misrepresentation is grounds for listing removal and financial liability.
- Realistic pricing. All prices — asking, opening bid, reserve, and Buy Now — must be market-realistic and are subject to EXR approval before going live. We conduct pricing reviews at 90-day intervals on active listings and may recommend adjustments.
- EXR’s right to decline or remove. EXR reserves the right to decline, remove, or reclassify any listing at our sole discretion. Approval decisions are final.
Condition Rating Scale
| Grade | Rating | Description |
|---|---|---|
| A | Excellent | The listing is Concours quality or brand new/never used. No major visual, structural, or mechanical flaws. Operates as new. “Best of the Best / Garage Queen / Hangar Queen.” Only a small number of listings qualify for an A rating. |
| B | Great | The listing has only a few minor flaws, is in great condition, fully operational, and has been very well maintained. “New Owner Ready.” |
| C | Good | The listing has a number of identifiable flaws, is fully operational, and has received normal maintenance and care. “Daily User.” |
| D | Fair | The listing has significant flaws, wear and tear, may have operational issues, and may need maintenance or repairs. “Project.” |
| F | Poor | The listing is incomplete, non-operational, and/or severely compromised. “Parts / Donor.” |
Listing Duration & Seller Controls
Run-Till-Sold (365-day renewable). EXR listings run for 365 days from publication and renew with one click at no charge. No renewal fees, no relisting fees — ever.
Seller Dashboard controls. From your Seller Dashboard you can:
- Mark your listing as SOLD at any time, on or off the platform
- Delete your listing at any time (subject to active-auction and active-offer restrictions)
- Lower your Buy Now, Reserve, or Opening Bid price
- Update photos, description, and listing details
90-day availability check-ins. A short “Still available?” email every 90 days. One click confirms your listing remains active. This keeps our active inventory fresh and accurate for the buyers we send your way.
90-day pricing reviews. Our team reviews pricing on every active listing every 90 days and shares market intelligence. Adjustments are always your decision.
14-day grace period. If you miss the renewal confirmation at the end of your listing term, you have 14 days to renew before your listing is archived. Archived listings can be reactivated at any time at no charge.
Listing Exclusivity & Anti-Circumvention
EXR doesn’t require broad listing exclusivity. Two rules apply:
1. Live Auction Exclusivity. During the 7-day Live Auction window of any Hybrid Auction listing, the asset is exclusive to EXR. No simultaneous listings, no off-platform negotiations. The window is brief — 7 days within each 14-day cycle — and only applies when the auction is live.
2. Anti-Circumvention. If a buyer is introduced to you through EXR — through your listing, an inquiry, an offer, or a bid — any sale to that buyer must close through EXR. This applies for the duration of your listing and for 60 days after the listing ends, is paused, or is archived. If a sale to an EXR-introduced buyer is concluded off-platform during this window, the Seller’s payment method on file will be charged the full 5% Sales Premium.
Outside of these two rules, your listing is non-exclusive. List on Racing Junk, marque-specific forums, or anywhere else you want.
Facilitation Services
End-to-End Facilitation: Full support to close your transaction smoothly. Available on every listing.
Additional fees apply for facilitation services. Contact us at [email protected] for details.
FAQs
