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Frequently Asked Questions
LaSource Exchange (LaSourceX) is a global marketplace curated for the world’s most coveted collector automobiles, featuring both public and discreet private listings. Designed for discerning collectors, LaSourceX enables seamless engagement with fellow collectors, vetted intermediaries, and premier dealers based on individual preferences. The platform offers an elegantly designed environment where users can discover exceptional vehicles and present their own automobiles to a qualified global audience.
Sellers always list for free and receive 100% of the sale price. Buyers pay an industry low 2% commission.
Once the seller accepts an offer, the contact details of the buyer are provided (pending buyer approval), and critically only the seller can make contact, ensuring absolute discretion for the seller.
Whilst we expect people to perform on a deal, offers are non-binding and once an introduction has been made, trade buyers will use their standard procedures to finalise the deal. Retail buyers are welcome to make their own arrangements, or to engage LaSource's concierge service to arrange everything from contract drafting to global logistics.
The off market nature of the platform (private listings) allows sellers to offer a car with huge discretion.
Selling a car quickly and discreetly, soliciting offers from an elite global audience of car collectors and dealers.
Soliciting offers on a car where up to date market value is not immediately available, especially relevant for rare collectibles.
Discreetly selling cars that may have been bought to qualify for limited edition cars.
Testing the market ahead of committing to the much higher fees from a mainstream auction house.
Hearing offers on cars that may or may not be formally for sale without an obligation to accept an offer.
Discreetly hear offers for build slots via the concierge service (contact Sales@LaSourceX.com for further details).
No broker chains to navigate.
Advertising dealer stock to a global audience (public and private listings).
No selling fees.
Access to highly desirable off market cars.
Vetted sellers (LaSource Members), with a deal in principle agreed upfront, saving time and energy.
Competitive buyer’s premium (2% of vehicle sale price, excluding tax*).
*Massachusetts sales tax at 6.25% will apply to the buyer's premium only (added to the commission fee invoice).
All listings are 100% anonymous.
Seller/Buyer Privacy:
Once the seller accepts an offer, the contact details of the buyer are provided (pending buyer approval), and critically only the seller can make contact, ensuring absolute discretion for the seller.
All offers are 100% anonymous.
Seller/Buyer Privacy:
Once the seller accepts an offer, the contact details of the buyer are provided (pending buyer approval), and critically only the seller can make contact, ensuring absolute discretion for the seller.
After enrolling as a user at LaSourceX.com, simply navigate to "Create a listing" and follow our simple three step process.
All listings are 100% anonymous.
All offers are 100% anonymous.
Seller Notifications (email):
Sellers will be notified via email when a buyer submits an offer.
Buyer Notifications (email):
Buyers will be notified via email if the seller accepts an offer, or submits a counteroffer.
Seller/Buyer Privacy:
Once the seller accepts an offer, the contact details of the buyer are provided (pending buyer approval), and critically only the seller can make contact, ensuring absolute discretion for the seller.
Please visit LaSourceX.com. If you have been pre-approved as an existing LaSource client, you will be able to log in by using your email and resetting your password.
If you have not been pre-approved, you will need to apply for a new user registration.
Account Types (select one when registering):
Individual
Intermediary
Dealer
Once your registration has been processed, you will be notified of approval via email. If additional information is required to approve your registration, you will be notified via email.
Premium Account (additional verification required):
LaSource Member
In order to qualify as a "LaSource Member", you may be asked for a short biography and to provide a reference from a dealership employee or an existing LaSource Member, if available.
It is free to register and offer a car for sale.
Yes. Dealers enjoy the same selling privileges as individuals and intermediaries. Importantly, if a user only wants to buy from a dealer, they can choose to ignore listings from individuals and intermediaries.
There are no fees to list a car and sellers keep 100% of the sale price.
When registering on LaSourceX.com, please select the appropriate account type:
Individual
Intermediary
Dealer
Special note regarding Dealers and Intermediaries:
A special feature of the LaSourceX platform gives buyers the ability to ignore certain listings, based on their preferences. If a user only wants to buy from an individual, they can choose to ignore listings from dealers and intermediaries.
Transaction examples on LaSourceX:
Principal to Principal sales
Intermediaries selling cars for clients
Intermediaries buying cars for clients
Dealers selling stock
Dealers buying stock from individuals
Dealers buying stock from intermediaries
Dealers buying stock from dealers
Yes. Brokers (intermediaries) enjoy the same selling privileges as individuals and dealers. Importantly, if a user only wants to buy from an individual or intermediary, they can choose to ignore listings from dealers.
*Broker chains are strictly prohibited on the LaSourceX platform. If an intermediary creates a listing, they must be direct to the vehicle owner. LaSource reserves the right to remove user accounts at any time if we feel listings are not properly represented.*
There are no fees to list a car and sellers keep 100% of the sale price.
When registering on LaSourceX.com, please select the appropriate account type:
Individual
Intermediary
Dealer
Special note regarding Dealers and Intermediaries:
A special feature of the LaSourceX platform gives buyers the ability to ignore certain listings, based on their preferences. If a user only wants to buy from an individual, they can choose to ignore listings from dealers and intermediaries.
Transaction examples on LaSourceX:
Principal to Principal sales
Intermediaries selling cars for clients
Intermediaries buying cars for clients
Dealers selling stock
Dealers buying stock from individuals
Dealers buying stock from intermediaries
Dealers buying stock from dealers
There is no seller’s premium.
The buyer’s premium is currently just 2% (exc tax*) of the vehicle purchase price.
*Massachusetts sales tax at 6.25% will apply to the buyer's premium only (added to the commission fee invoice).
Our terms and conditions describe the conditions of business under which LaSourceX and the consignor agree to sell a listing to the buyer. Please review the conditions carefully before submitting an offer. By registering to the LaSourceX platform, you agree to these terms.
Much like buying a car through a broker, your offer is subject to inspection and not legally binding. Buyers are expected to perform on a deal unless the vehicle is not as described by the seller. LaSourceX reserves the right to cancel a user registration at our sole discretion.
All offers are 100% anonymous.
Once logged in you will be able to submit offers, as well as ask questions about a listing.
If your offer is not accepted, a counteroffer may be submitted by the seller for you to consider.
Seller/Buyer Privacy:
Once the seller accepts an offer, the contact details of the buyer are provided (pending buyer approval), and critically only the seller can make contact, ensuring absolute discretion for the seller.
Yes. When creating a new listing you will be asked to submit an asking price.
At any time you can log in to LaSourceX.com and edit the asking price under "My Listings" > "Edit Vehicle Details".
All listings are 100% anonymous.
All offers are 100% anonymous.
Seller Notifications (email):
Sellers will be notified via email when a buyer submits an offer.
Buyer Notifications (email):
Buyers will be notified via email if the seller accepts an offer, or submits a counteroffer.
Seller/Buyer Privacy:
Once the seller accepts an offer, the contact details of the buyer are provided (pending buyer approval), and critically only the seller can make contact, ensuring absolute discretion for the seller.
Once the seller has made contact it is your responsibility to arrange inspection, payment and collection.
If you are selling to a car dealership, they will use their standard processes to complete the purchase.
If you are selling to an individual, we strongly advise engaging an attorney to draft a Sale & Purchase agreement to give you total protection and peace of mind. While we work hard to vet all users, regrettably the car market is a target for scammers and other bad actors.
LaSource's concierge service is available to assist with contract drafting at additional cost.
Following the successful transaction, you will receive an invoice and payment instructions from our sales team. Payment is due in full on the first business day following the sale.
All buyers are required to pay taxes and duties unless otherwise exempt. To understand exemptions, we recommend taking expert advice if you are unsure.
Buyers should take careful consideration of the vehicle location ahead of submitting an offer, ensuring they are comfortable with the potentially high costs of global transportation.
Vehicles may not comply with the regulations in your territory and we recommend taking expert advice if you are unsure.
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