I'd like to conduct some market research on a possible business venture I've been considering.
Some of you may know the company named Streetside Classics; they have 3 locations in the U.S. I was thinking of starting something similar but much smaller, of course. It would be an indoor showroom where classic car sellers offer their cars for consignment.
The company and seller agree to a price the seller will accept if/when the car is sold. The seller also pays a small, fixed cost to cover advertising and light up-keep on the car until it's sold. The consignor will then endeavour to sell the car at a premium to the agreed-upon price, keeping the premium.
The benefit to the seller is that someone else gets to deal with all the tire kickers and time spent on numerous viewings. The benefit to the buyer is they get to have a selection of classic cars for consideration under one roof.
So, would you consider using a service like this, as a seller and/or buyer?
Mark
68 Firebird 350 auto (sold) 70 Trans Am RAIII 400 4-speed (sold) 2011 Challenger SRT8 IE392 6-speed (sold) 2017 Challenger Hellcat 1966 Dodge Coronet 440