Driven by Discretion: LaSource Auctions Redefines Rare Car Transactions
Luxury and privacy take the wheel with the launch of LaSource Auctions, a groundbreaking off-market platform tailored for rare and collectible cars. Designed to deliver unmatched confidentiality and efficiency, this double-blind auction service connects sellers with an elite audience of vetted buyers. It’s a high-octane solution for enthusiasts and collectors seeking more than just a sale—they’re seeking trust, precision, and exclusivity.
“This platform reflects our dedication to providing a service that prioritises discretion, trust, and efficiency. It empowers sellers to connect directly with serious buyers while eliminating the hurdles of broker chains or even the complications and expenses of a traditional physical auction.”
James Banks, Founder of LaSource
The LaSource Difference: A Boutique Auction Experience
Built on an “off market and double blind” structure, LaSource Auctions ensures that both buyers and sellers enjoy complete confidentiality throughout the transaction process. Sellers can list their vehicles for a standard 14-day auction period, during which offers from a carefully vetted pool of buyers are discreetly collected. Unlike traditional auctions, only approved users can access the listings, preserving the exclusivity of this platform.
The platform is meticulously designed to address the specific needs of high-value transactions. Sellers are spared from any selling fees, while buyers benefit from an industry-leading 2% premium (plus applicable taxes), a competitive edge in a market where trust and transparency often come at a premium.
The Roadmap to Seamless Transactions
LaSource Auctions’ streamlined process is underpinned by rigorous vetting procedures.
“Registration is a rigorous process to ensure each user of the platform is fully vetted. Applicants must provide photo identification, proof of address, and proof of funds, ensuring the exclusivity and integrity of the platform.”
Adam Geake, Co-founder and COO
Once approved, sellers are guided through a four-step process to list their vehicles, with the option to receive hands-on support from LaSource’s Client Services Team. Buyers, meanwhile, can enjoy peace of mind with non-binding offers, ensuring flexibility and fairness for both parties. Notifications keep users updated throughout the process, from outbid alerts to auction conclusions.
The Rarity on Offer: Jaguar XJR-15 Debut
Mark your calendars for Sunday, February 2nd, when LaSource Auctions will host the highly anticipated sale of a one-of-27 road-legal Jaguar XJR-15. This iconic piece of automotive history embodies the platform’s focus on rare and valuable vehicles. Past listings have included such icons as the Bugatti Bolide, McLaren P1 ‘HDK,’ and Lancia Stratos HF—a testament to LaSource’s unparalleled access to automotive treasures.
Keith Holland, Head of Competition Cars at LaSource Auctions, highlighted the platform’s appeal:
“The rarest road cars and significant competition vehicles have historically changed hands through private networks rather than traditional channels. Our platform provides the perfect balance—offering exceptional automobiles to a highly qualified audience while maintaining the confidentiality that both buyers and sellers expect at this level of the market.”
Keith Holland, Head of Competition Cars at LaSource Auctions
Concierge Services: Going Beyond the Sale
In addition to facilitating transactions, LaSource Auctions offers optional concierge services to simplify the complexities of selling and acquiring rare vehicles. From contract drafting to global logistics, these tailored services ensure that every detail is expertly managed, enabling seamless transactions for both sellers and buyers. The platform’s commitment to transparency eliminates concerns over fraud or misrepresentation, a significant advantage in an industry where trust is paramount.
Driving Confidence in an Exclusive Market
LaSource Auctions’ innovative approach reflects its origins. Founded by James Banks, former Head of Bespoke Cars at McLaren Automotive, LaSource has built a reputation as a trusted intermediary in the rarefied world of hypercar brokerage. By combining discretion with cutting-edge technology, the platform caters to a discerning clientele eager to engage in high-value transactions without compromising privacy.
Join the Revolution in Rare Car Auctions
With live auctions already featuring icons like the Bugatti Bolide and McLaren P1 ‘HDK,’ LaSource Auctions is poised to transform the collector car market. Ready to explore this exclusive automotive playground? Visit lasource.auction and apply to join the ranks of its carefully vetted members.
About LaSource
Founded by James Banks, LaSource is a global leader in the discreet sale and acquisition of the world’s most exclusive motorcars. Acting as official sales agent for OEMs like Gordon Murray Automotive, Praga Cars, and Thornley Kelham, the company has carved a niche in principal-to-principal transactions and maintains an extensive network of top car collectors worldwide. With the launch of LaSource Auctions, the brand sets a new standard for confidentiality, trust, and innovation in luxury car transactions.