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kozzi
Nürburgring


Joined: 30 Nov 2014
Posts: 459
Location: suffolk


PostPosted: Mon Mar 16, 2015 10:39 pm    Post subject: Reply with quote

I bought my 2010 range rover from an auction house last month, just like the last 6 cars. They were all assured cars which I could hand back if anything arose with 3 days, so go to your mechanic and have it tested within tht time. It is relatively open these days, especially if you buy younger than 5 yrs old
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Anygreg
Newbie


Joined: 25 Apr 2015
Posts: 7
Location: Cheshire


PostPosted: Sun Apr 26, 2015 7:52 am    Post subject: Reply with quote

medicus wrote:
wasz wrote:
I've been to auctions a few times and always the cars I've been interested in go over what I could negotiate a private sale for and in lots of cases exceed or narrowly undercut forecourt prices once you add on buyers fees for private buyers.

As said car dealers buying at auction make money on trade ins and finance these days.

I buy privately every time as you can give the car a good going over and negotiate on price- cash and a quick hassle free sale always gets a result privately.

My problem is not many people are willing to sell cars under 5 years old privately even if you offer more than their trade in, as they are scared of the hassle you get when you advertise a car. Looking for a 3y/o golf in red if anyone has one they are about to trade!

Auctions are not worth it, but if you've never been then go for the experience.


if that was the case why do you think the trade do 90% of there buying at the ring?


I would guess, having been to far to many auctions I'd care to remember (although the hot beef baps are good!) it's because trader are charged a lot less in fees as they are traders, used to be silver gold etc.. This why private buyers pay more at auction than traders, they will always get it cheaper... Been a while since I've been to be fair , but last time, cars were fetching more than auto trader prices, don't forget you can test drive a private/trade car as well.

Also found all sorts of games being played by the big traders, like buying ALL the BMW X5 stock to control the market prices ... Great place to cut your teeth if you want to get into real trading... Personally there are safer better bargins to be had elsewhere as said already.

Eg I went to buy a E46 330cd, convertible, some time ago. brig house BCA. DId my research, hooked up trailer drove an hour, waited 2 hours on site for the lot after crawling around the car for a good while. Condition was average, needed detailing/correction...but looked ok if the price was right... I never even got to nod my head to bid...went straight up past the price on the auto trader and sold for £2k more ! Back to the car, back on the M62, looked at me old fella and laughed!

Lol not for me...although I do miss the beef baps !
 
  
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