How Classic Car Consignment Works: The Complete Guide
How Classic Car Consignment Works: The Complete Guide
If you've decided to sell a classic car, consignment is one of the most effective ways to reach the right buyer at the right price, without the hassle of a private sale or the pressure of an auction block. But "consignment" means different things depending on who's doing it.
This guide explains exactly how the process works at Streetside Classics: from the first conversation to the moment funds are in your hands.
What Is Classic Car Consignment?
Consignment means you retain ownership of your vehicle while a dealer markets and sells it on your behalf. You set the goal price. The dealer handles photography, listing, buyer inquiries, showings, negotiation, and the paperwork. When the car sells, proceeds go to you; the dealer earns a commission built into the sale price.
The Streetside Classics Consignment Process
Step 1: The Valuation Conversation
Everything starts with a conversation about your goal. What do you need to get out of the car?
We don't begin with a number we've decided on and ask you to accept it. We begin with yours, and then we bring what we know. Over 35,000 vehicles sold across six showrooms gives us a sales history that no price guide can match. We combine that with current market comps and live demand data to give you an honest picture of where your car sits in today's market.
Sometimes our data confirms your number. Sometimes it suggests adjusting, either up or down. We'll always tell you why, and the final pricing decision is collaborative. A car priced correctly sells faster and often nets more than one that starts too high and reduces over time.
For a deeper look at what drives classic car value, see How to Value Your Classic Car Before Selling.
Step 2: Bringing the Car In
Once we've agreed on an approach, you bring the car to your nearest Streetside Classics showroom. We'll do a full walkaround, review any documentation you have, and note condition details that will inform the listing.
Bring everything: title, build sheet, window sticker, Protect-O-Plate, service records, restoration invoices. Documentation accelerates buyer confidence and can meaningfully affect what buyers are willing to pay.
The car goes on our floor immediately and posted to our "Coming Soon" page. It doesn't wait in a queue.
Step 3: Photography and Listing
We photograph every vehicle professionally. This matters more than most sellers expect, buyers make first-contact decisions based on images, and a well-presented car generates more inquiries and faster offers.
Your listing goes live across our showroom floor and our online presence, which reaches buyers nationally and internationally. We don't limit your car to foot traffic from one market. A buyer in Florida can find your car listed in our Nashville showroom, call us, fly in, and buy it, that happens regularly.
Step 4: Buyer Inquiries and Showings
When buyers express interest, we handle every inquiry. We qualify buyers, answer questions, and arrange showings at the showroom.
Here's what makes our buyer experience different from an auction: buyers can spend as much time with your car as they need. They can take it for a test drive, on our property with our staff. They can bring in an independent inspector. They can put it on a lift and look at the frame, the floors, and the undercarriage. They can sit with us and go through documentation at our desk.
A buyer who has done all of that and still wants the car is a confident buyer. Confident buyers pay more and negotiate less aggressively than buyers who are guessing about unknown condition. The inspection opportunity is a selling feature, for you.
Some cars sell before they ever go online. We maintain an active buyer list, collectors who have bought from us before and have told us exactly what they're looking for. When a car comes in that matches, we make that call first.
Step 5: Offer, Negotiation, and Close
When a buyer makes an offer, we do the math to confirm it works with your goals. If not we work the negotiation to get them into the goal window.
Once we have a deal, we handle the closing paperwork: bill of sale, title transfer, and payment processing. Funds are disbursed to you after the transaction clears.
What Does Consignment Cost?
There are no fees.
Our commission is built into the sales price, we work with you to set a number that meets your goal, and our margin is part of that number. You don't write a check. If your car doesn't sell, we don't earn anything. That alignment of incentives matters: our best outcome is the same as yours.
How Long Does Consignment Take?
Our consignment agreement runs 90 days. Nearly all of the vehicles we represent sell within that window. Demand for classic cars has grown steadily, and cars are selling faster than they did five years ago. Some sell in the first few weeks. Some sell before they go online.
What affects timeline most: model demand, condition, presentation, and pricing. A Mustang or Corvette priced at market in excellent condition may sell in days. A less common model priced above market may take the full window, or longer.
For a full breakdown of what drives sale speed by model, see What Classic Cars Sell Fastest? and How Long Does It Take to Sell a Classic Car?
What If My Car Doesn't Sell in 90 Days?
This question matters, and we want to answer it directly.
If your car reaches the end of the 90-day window unsold, you have options:
Keep it listed with us at no charge. We're happy to continue representing your car in the showroom. No new fees, no penalty, we both want to sell the vehicle.
Take the car home and leave it listed. You can take possession of the vehicle at any point past 90 days while keeping it listed with us. If a qualified buyer emerges, we'll contact you to arrange a showing or bring the car back in.
Terminate the listing. If you decide to pursue another path, you can end the consignment agreement at any time after the initial window with no penalty.
We don't hold your car hostage. The outcome we want is a sale, not a fee for a non-sale.
Consignment vs. Other Ways to Sell
|
Consignment |
Auction |
Private Sale |
Dealer Purchase |
|
|
Upfront cost |
None |
Entry fees + transport |
Listing/advertising |
None |
|
Seller commission |
Built into price |
8–10% of hammer + fees |
0% |
N/A (wholesale offer) |
|
Buyer pays |
Retail price |
Hammer + 10% premium |
Negotiated |
N/A |
|
Timeline |
~90 days |
One auction date |
6–12 months |
Immediate |
|
Inspection allowed |
Yes, full |
No |
Negotiated |
Yes |
|
You control final price |
Yes |
No |
Yes |
No |
|
No-sale risk |
No cost |
Fees still apply |
Time lost |
N/A |
For a detailed breakdown of the auction comparison, see Classic Car Consignment vs. Auction: Which Gets You More Money?
Is Consignment Right for Your Car?
Consignment works well for the vast majority of classic vehicles in the $5,000–$500,000+ range. It works especially well when:
- You have a well-documented car and want buyers to have the opportunity to verify it
- You're not willing to accept whatever a single room of bidders produces on one afternoon
- You want national exposure without the logistics and cost of transporting to an auction
- Your priority is maximizing net proceeds, not achieving a sale on a specific date
It works less well when you need immediate liquidity regardless of price. And if so, we purchase vehicles too!
If you're unsure, call us. We'll give you an honest assessment of which path makes more sense for your specific car.
Frequently Asked Questions
Do I have to bring the car to a showroom, or can you pick it up? The car needs to be in one of our showrooms for buyers to view, inspect, and test drive it. We can discuss transport arrangements if you're not local to one of our six locations.
Can I set a minimum price that I won't go below? Yes. We agree on a floor before listing. Nothing gets accepted without your approval.
What paperwork do I need to bring? Title is required to consign. Bring everything else you have, documentation adds value and accelerates the sale.
Can my car be listed at multiple locations simultaneously? Your car is physically in one showroom, but it's marketed nationally across all of our locations and online.
What happens to my car while it's on consignment? It lives on our showroom floor, maintained and secured. Test drives are conducted with buyer qualification. We treat your car the way we'd want someone to treat ours.
Read More:
America's Most Popular Classic Cars: Real Sales Data From 35,000+ Vehicles
How Long Does It Take to Sell a Classic Car?
How to Value Your Classic Car Before Selling?
Classic Car Consignment vs. Auction: Which Gets You More Money?
Start the Conversation
If you have a classic car to sell and want to understand what it's worth and what the process looks like, we'd like to talk. No fees, no pressure, no obligation.