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09-04-2012, 17:10 | #1 |
Senior Member
Join Date: Mar 2009
Location: Huddersfield
Vehicle: Terrano 03 LWB
Posts: 6,947
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Buying cars at an auction
so, have any of you guys ever bought a car at an auction?
I am having to sell my lovely MX3 as I simply cant afford to run it, so I need to replace it with Mr Sensible. Plenty to choose form on ebay and autotrader/Gumtree, but today I thought "hey, what about an actual auction?" There is a big one in brighouse near me, with weekly auctions, shed loads of cars, but I have never bought this way before, anyone done it and have advice? What sort of money we talking at auction, is it even worth it? I will be looking for cheap cars, my budget is minimal....! |
09-04-2012, 17:12 | #2 | |
Senior Member
Join Date: Mar 2010
Location: peoples democratic republic of west yorkshire
Vehicle: " alice "
Posts: 10,473
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09-04-2012, 17:21 | #3 | |
Senior Member
Join Date: Sep 2009
Location: somerset
Vehicle: terrano
Posts: 1,947
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09-04-2012, 17:22 | #4 | |
Senior Member
Join Date: Oct 2010
Location: west midlands
Vehicle: SWB NISSAN TERRANO TDI
Posts: 104
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09-04-2012, 17:39 | #5 |
Senior Member
Join Date: Aug 2010
Location: East Anglia. Buh.
Vehicle: 1997 LWB Maverick 2.7TDi
Posts: 1,377
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Why not see if you can swap it for something sensible ? Check Ebay motors for "no swap swops". ("swops" is often included to attract the attention of the illiterate masses who do not realise or care that while phonetically correct, spelling the word swap in this way is just wrong).
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09-04-2012, 18:13 | #6 |
Senior Member
Join Date: Feb 2011
Location: shropshire
Vehicle: d22 double cab 2001
Posts: 175
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i wouldnt buy at auction unless its a dealer trade in thats going through the ring, even then check it carefully. auction is where the craps at !
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09-04-2012, 18:18 | #7 |
Senior Member
Join Date: Mar 2009
Location: Huddersfield
Vehicle: Terrano 03 LWB
Posts: 6,947
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thanks for the replys guys, I may have a wonder down to an auction to see what its all about (to be clear to some, I am looking to BUY at auction, not sell, I have a buyer for my Mazda)
I will also give more consideration to a private seller!! |
09-04-2012, 18:21 | #8 |
Senior Member
Join Date: Sep 2009
Location: somerset
Vehicle: terrano
Posts: 1,947
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Ah i thought you were selling the mazda.Before bidding ask about buyers premium they dont advertise this very well last time i bought car at auction the premium started about £50 so if you bid a quid it costs you 51 but the premium is on sliding scale and could run into hundreds
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09-04-2012, 18:28 | #9 |
Senior Member
Join Date: Sep 2009
Location: somerset
Vehicle: terrano
Posts: 1,947
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Bca dont publish buyers premium cost but found this chart on another website
Hammer Price Buyers Fee £500 £216 £1000 £275 £2000 £315 £3000 £348 £4000 £373 £5000 £394 £6000 £416 £7000 £437 £8000 £458 £9000 £479 £10,000 £500 £11,000 £521 £12,000 £542 £13,000 £563 £14,000 £584 £15,000 £606 So as you can see its a right rip |
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