No Reserve Classics

No Reserve Classics is a New Jersey seller of American muscle cars, restomods and Pro-Touring builds, with its gallery at 42 N Main St in Marlboro in Monmouth County. The company was started by Joseph Hanna, who according to the business's own story bought a 1972 Chevelle SS454 at age 18 and kept buying, restoring and driving classics until he outgrew his parents' garage. The Better Business Bureau lists the business as started on November 14, 2014, and names Hanna as the owner.

How the business works

No Reserve Classics sells cars from its own inventory and also takes cars on consignment. Its Our Story page says it brings tired cars back with light restoration work to a so-called turn-key condition, and it describes an online auction approach in which cars start at one cent and run for seven days with no reserve. That description is the company's own and may not reflect how every car is currently listed, so check the listing itself to see whether a given car is sold by auction or at a posted price, and what fees or premiums apply.

What it sells

The focus is American performance cars, many of them modified. A recent look at its current inventory found a number of 1969 Camaros including Z/28 and RS/SS restomods, Chevelles from 1969 and 1970, a 1967 Shelby GT500, a 1968 Plymouth Road Runner, a 1970 Mustang Mach 1, a 1969 Corvette, a 1966 El Camino and 1955 and 1957 Chevrolet Cameo pickups. At the top of the range it has also listed a Superformance GT40 and Ford GT supercars from 2005 and 2006. Its sold archive shows Bel Airs, a COPO Camaro, Corvettes and Shelby GT350 and GT500KR models. Inventory changes constantly, so this is a snapshot.

Buying from No Reserve Classics

The company's site has finance and inspection tabs, and says it works with lenders on financing. The BBB profile describes the business as helping clients with purchasing, financing, inspections and worldwide shipping. Buyer testimonials published on the company's own site describe visits where the car was put on a lift and driven, and others where staff arranged shipping to the buyer's home. As with any dealer, especially for a restomod, ask for a build sheet or receipts for the work, confirm the title, and book an independent inspection before sending money. Our guide on how classic car consignment works is also useful if the car you are looking at is consigned by another owner.

Consigning or selling a car

The Sell or Consign page offers two routes. Under consignment, the company says it inspects the car, sets its market value, handles photography and video, markets it to a nationwide network and negotiates with buyers, with the car kept in its facility and the company paid only when the car sells. Under its Cash-Out Purchase option, it reviews the car and makes a wholesale offer, schedules an inspection, wires payment once the car checks out, sends a prepaid label for the title and then arranges transport. These are the company's own descriptions, and sellers should get commission, marketing and storage terms in writing.

Reputation

The Better Business Bureau lists No Reserve Classics as BBB accredited since April 27, 2021, with an A+ rating. The BBB page showed no customer reviews, so the rating rests on the BBB's own criteria and not on a reviewer score. Testimonials on the company's website are selected by the business and should be read with that in mind. The company's cars also appear on Autotrader Classics, which is a useful place to compare its pricing against similar cars.

Locations and visiting

The gallery and service address is 42 N Main St, Marlboro, NJ 07746. The site also lists a service location at 1 Route 22, Green Brook, NJ 08812, and an administrative office and sales address for Class 1 Classic Cars, LLC at 330 E Commerce St, Suite 260, Bridgeton, NJ 08302. Listed hours are 9 AM to 6 PM Monday through Friday and 10 AM to 2 PM on Saturday, and the main number is 800-562-7815. Because cars are spread across locations, call first to confirm where a particular car is. To compare others nearby, see classic cars for sale around the state.