britishtrident
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| posted on 29/2/12 at 04:54 PM |
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Auction Report prices still rock bottom.
Things are still slow in the car auctions, Intercity Auction Glasgow today
54 plate MX5 Red in very good condition 50kmiles full fsh and long MOT failed to go above £2300 even on £25 bids auctioneer indicated it was
very close to the reserve so ended up with a phone call --- so I would guess likely £2500 plus auction charges would still be a sweet deal.
Truly immaculate blemish free (not even the wheels were marked) 54 plate Golf FSH 40kmiles £2,400 plus charges.
A very nice clean post face lift 82,000 mile Kia Sedonna Diesel Automatic on 52plate with warranty went for £1200 plus charges ---my guess is
the JATCO autobox was viewed as too big a risk.
Nice very clean Mazda 6 2 litre on a 56 plate went for £2300
[Edited on 29/2/12 by britishtrident]
[I] “ What use our work, Bennet, if we cannot care for those we love? .”
― From BBC TV/Amazon's Ripper Street.
[/I]
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perksy
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| posted on 29/2/12 at 05:30 PM |
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Some good deals there
The Golf sounds a steal at that price 
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britishtrident
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| posted on 29/2/12 at 05:54 PM |
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The Golf was a nice Moss green 1600 I am not a VW fanatic but it was seriously nice, looked after and unmolested.
There was also a really nice 100k mile Rover 75 CDTi no body marks or scratches but a good T Cut and wax would make a major iimprovement , no
marks on wheels it had been fitted with MG ZT seats it had not sold in a couple of previous sales only thing I could see against it was it was a
boring silver colour. I don't know if it sold this time but the auction was quiet to say the least.
There was a Suzuki Vitara SJ 53 plate OK condition average mileage for year it went for £1200+charges.
[I] “ What use our work, Bennet, if we cannot care for those we love? .”
― From BBC TV/Amazon's Ripper Street.
[/I]
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sonic
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| posted on 29/2/12 at 06:27 PM |
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Having spent many years going to auction and being in the trade, not many of these so called deals sell, next time your there watch who is bidding
most of the time the auctioneer is making them up to try and gain interest in the car or the dealer trying to sell it gets his mate to bid and bump up
the price, then suprise suprise he stops bidding just before the trade price reserve is close.
I have bought many cars cheaper through the autotrader etc with Tax and Mot, also with the benefit of being able to test drive the car and check for
faults. People are skint at the moment and if you haggle hard you can pick them up for trade money
What has happened in the industry is that the big franchised dealers are now selling 5 6 7 year old cars which were once destined for the auctions or
the next run of dealers down and those guy's are making big margins on secondhand cars.
My local multi franchised dealer is marking secondhand cars up by £2500 - £3000 at the moment, the little boys are lucky if they are making £1000 to
make a living.
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Slimy38
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| posted on 29/2/12 at 07:02 PM |
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On the subject of car prices, has anyone noticed that the price guides (Parkers, Glass etc) are not even remotely close to actual prices anymore?
Buyers would love to get the prices quoted in the guides, but a comparison to what is actually being sold suggests that a load of people are going to
be very disappointed.
They used to be a reasonable guide (+/- 5%) but not any more.
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britishtrident
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| posted on 29/2/12 at 07:24 PM |
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In both the case of the MX5 and the Golf I know went to genuine buyers as they were seen to be very carefully looked examined by the eventual
highest bidders, the Kia definitely had no reserve and was a genuine sale the buyer private buyer was seen to leave his deposit.
Bids "off the wall are easy to spot" if you are a regular. Things are really slow at the auctions these days while cars sales are still
relatively buoyant but at the lower end of the second hand markets certain price and size brackets are just no selling and the dealers need to clear
stocks at end of month.
52 to 56 plate larger cars (even diesels) are not moving probably because of road tax, fuel and insurance costs, buyers might want a nice 53
plate 2.5 jag and be tempted by the price but the cost of road taxing it brings them back to earth while at the small end of the market older small
hatches are dead in the water because insurance companies have priced every young driver off the road.
[I] “ What use our work, Bennet, if we cannot care for those we love? .”
― From BBC TV/Amazon's Ripper Street.
[/I]
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sonic
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| posted on 29/2/12 at 09:06 PM |
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I agree with all of the above, I used to subscribe to Glass guide and Caps but they are living in Cuckoo land with there expectations.
I have an account at most of the auctions around Yorkshire and I have stood in amazement at how much people have paid for a car, by the time you have
put your buyers premium on and added a few bob for any repairs that may need to be done they are dearer than some garages I know.
Auction companies have almost become the retailer these days, however if you are a private buyer and not looking to resell and make a good margin then
there are some cheap cars to be had.
If you want to know what a car is worth trade, go onto the car people website and click into part exchange, put the reg number in and a few other
details and it will give you a reasonable close figure to what your car is worth.
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blakep82
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| posted on 29/2/12 at 09:21 PM |
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just looking at the stock list now, what happened to the skyline?
________________________
IVA manual link http://www.businesslink.gov.uk/bdotg/action/detail?type=RESOURCES&itemId=1081997083
don't write OT on a new thread title, you're creating the topic, everything you write is very much ON topic!
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britishtrident
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| posted on 29/2/12 at 09:34 PM |
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quote:
Originally posted by blakep82
just looking at the stock list now, what happened to the skyline?
Never saw it left about halfway through, although the Intercity site isn't 100% reliable if it is still listed chances are it didn't
sell.
[I] “ What use our work, Bennet, if we cannot care for those we love? .”
― From BBC TV/Amazon's Ripper Street.
[/I]
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blakep82
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| posted on 29/2/12 at 09:46 PM |
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yeah, just saw it now, says next auction today. at mid day. no way i can afford one atm, but i really want a skyline before its too late lol. one
day... was probably f**ked anyway for it to be at auction
and that standard pennant's been there for at least 6 months now hasn't it?
[Edited on 29/2/12 by blakep82]
________________________
IVA manual link http://www.businesslink.gov.uk/bdotg/action/detail?type=RESOURCES&itemId=1081997083
don't write OT on a new thread title, you're creating the topic, everything you write is very much ON topic!
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britishtrident
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| posted on 29/2/12 at 10:04 PM |
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quote:
Originally posted by blakep82
yeah, just saw it now, says next auction today. at mid day. no way i can afford one atm, but i really want a skyline before its too late lol. one
day... was probably f**ked anyway for it to be at auction
and that standard pennant's been there for at least 6 months now hasn't it?
[Edited on 29/2/12 by blakep82]
The skyline would not sell because it is a bit too specialised for a general auction.
The Standard and Ford Grandad Mk2 have been kept as nostalgia for years until recently thre was a hillman Limp but it rotted away.
[I] “ What use our work, Bennet, if we cannot care for those we love? .”
― From BBC TV/Amazon's Ripper Street.
[/I]
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