Auction Report #8: Manheim Colchester 06 Jan 2009

[V8mate]

Hi all. Welcome to the first auction report of the New Year and boy was it a busy one!

All of those mince pies and selection boxes over Christmas sent the sugar rushing to the trade buyers' heads and it was 'Buy, buy buy!' all round. The amount of cars which I have shown below showing as 'provisional' is not representative of the sale as a whole; most cars did sell.

All four lanes were running, so I did my best to pop between them and grab info about the best cars.


Coming up soon

Next week, on Tuesday 13th January, they are holding a 200+ car sale on behalf of Toyota/Lexus. So if you're after some nice Jap metal, it may be a sale for you.


Also, don't forget the next Prestige Sale on Tuesday 10th February. Whether you just fancy window-shopping or taking advantage of some very competitive prices for top-end cars, it promises to be a great auction. So that fellow PHers can have a nerdy natter at the same time, would be good for those
attending to have a huddle round a few strong teas; if you're coming but don't know anyone, drop me a
line nearer the time and I'll sort out arranging a 'mini-meet'.


So, onto today's results. As always, I have tried to capture as broad a selection without disappearing into Nissan Notes etc.

To save repeated questions, car prices are marked as:

1. SOLD - you pay this price plus a buyer's premium of 4-5%.

2. Provisional - you are the highest bidder but haven't quite met the reserve. Manheim will try and broker a deal between you an the vendor (either you move up or the vendor moves down). You are bound to buy the car if the vendor moves his reserve down to your bid, but are not bound to offer any extra. (Plus buyer's premium as before)

3. Submit Highest Bid (SMB) - The vendor has not left a reserve but has asked the auction house to submit the highest bid to him for his consideration. You are bound to buy the car if your highest bid is accepted. (Plus buyer's premium as before)


Here we go......


2006 56 Audi TT 2.0 TFSI Coupe. 26k. £16,500 SOLD





2007 07 Honda Civic Type R GT 2.0 VTEC. 16k. £9,625 SOLD





2005 05 Audi A4 2.0 TFSI S Line Avant. 72k. £7,475 SOLD





2007 07 Porsche Cayman 3.4 S Tip S Coupe. 16k. £20,600 provisional





2008 08 Jaguar X-Type 2.2D Sovereign Auto (2009MY). 8k. £16,600 SOLD





2007 07 Audi A4 1.8T Cabriolet. 11k. £11,400 provisional





2005 05 Volvo V50 2.0D S Estate. 75k. £4,475 SOLD





2006 Audi A4 Sport Cabriolet 163bhp. Red leather. 20k. £11,400 SOLD





A PHer ran a thread this week asking for a 7/8 seater to drive the family to Perpignan. You can't beat

the original 8-seater!

2005 54 Toyota Previa 2.4 VVTI T Spirit Auto. 87k. £5,200 provisional





2005 55 Mercedes Benz C200 CDi Elegance SE. 107k. £5,550 SOLD





2006 56 Audi A3 2.0 TDi S-Line 5dr. 32k. £11,000 SOLD





Brum brum... I would...

2005 55 BMW 330D SE Auto. 47k. £10,800 SOLD





2006 56 Mercedes Benz C160 SE Coupe. 23k. £7,850 Unsold





On the downside, it's (relatively) underpowered and has too many miles on it. On the upside it's in a

less common colour and still wears a badge which will impress the neighbours!

2005 05 BMW 525D SE Auto. FSH. Leather. 127k. £7,100 SOLD





2006 55 Range Rover Sport TDV6 HSE Auto. 30k. £22,500 SOLD





2004 54 Mitsubishi Shogun DD Warrior SWB Auto. 47k. £5,700 SOLD





A PHer dropped a line during the week asking about 350Zs. Here's a nice sample: a straight coupe, a

coupe with bodykit and a roadster.

2006 56 Nissan 350Z 300 GT Coupe. 15k. £13,000 SOLD





2006 06 Nissan 350Z 300 GT Coupe. 12k. £12,800 SOLD





2007 07 Nissan 350Z 300 GT Roadster. 3k. £14,750 SOLD





2006 56 Lexus IS 220D SE. 17k. £9,400 provisional





2005 55 Audi A6 3.2 FSI S-Line MTronic. 51k. £8,150 provisional





2007 57 Skoda Octavia 1.9 TDi PD Elegance Estate. 18k. £7,350 provisional





2007 57 Ford Fiesta 1.25 Style. 8k. £4,800 SOLD





2006 06 Ford Galaxy 1.8 TDCi LX. 22k. £8,600 SOLD





2007 57 Nissan Pathfinder 2.5 DCi Aventura Auto. 3k. £13,450 SOLD





You don't often see these in front of the block....

2006 56 Renault Clio 197 2.0 16V Renaultsport. 17k. £7,800 SOLD





2008 08 Ford Mondeo 1.8 TDCi Zetec 5dr. 14k. £9,100 provisional





2004 54 Volvo XC90 2.4 D5 SE Geartronic. 44k. £10,100 SOLD





What private buyers can do to auction prices... this car has a trade of £4,400 and a retail of £5,600. May be a slight premium for the 'best' colour? But...

2005 05 Ford Mondeo 2.2 TDCi 155 ST 5dr Hatch. 60k. £6,000 SOLD





2007 57 Nissan Pathfinder 2.5 DCi Sport. 5k. £11,000 SOLD





Someone mentioned Citroen rally cars?

2006 56 Citroen C4 2.0 HDi 16V VTR Plus. 48k. £5,250 SOLD





2006 06 Lexus IS 220D SE-L. 56k. £9,850 SOLD





2004 04 Mini Cooper S. 97k. £4,550 provisional





2005 55 Audi A3 1.9 TDi SE 5dr. 30k. £7,750 SOLD





2007 07 Saab 9-3 1.9 TiD Linear Estate. 35k. £5,800 provisional





2005 55 Volkswagen Passat 2.0FSI Sport. 33k. £5,950 SOLD





Seemed like a lot of dosh to me ... a couple of grand in fact ... but hey....

2006 56 Volkswagen Golf 2.0 GT TDi 170 5dr. 122k. £6,900 SOLD





2005 55 Mazda RX-8 231bhp coupe. 15k. £6,700 SOLD





2006 06 Alfa Romeo 159 1.9 JTDm 16V Lusso. 63k. £7,150 SOLD





2006 56 Audi A3 2.0 TDi 170 S-Line S-Tronic 3dr. 38k. £12,000 SOLD





Fancy a change of career? Drive a taxi....


2007 07 Citroen C8 2.0 HDi 16V SX. 22k. £6,400 provisional





2005 55 Honda Accord 2.2 CDTi Executive estate. 67k. £5,375 SOLD





2006 06 BMW 520D M Sport. 40k. £12,700 provisional





2004 54 Alfa Romeo GT 1.9 JTDm 16V coupe. 48k. £6,000 provisional





2005 55 Mercedes Benz C220 CDi Avantgarde SE Auto. 76k. £8,500 SOLD





2005 55 Saab 9-3 Aero estate. 64k. £5,600 SOLD





2005 55 MINI One 1.6. 27k. £5,900 SOLD





And finally, a classic PH motor...

2004 04 Lotus Elise 111R Touring Convertible. 32k. £10,500 SHB

Edited by V8mate on Tuesday 6th January 16:56

[V8mate]

TonyHetherington said:

Jasandjules said:

Stupid question from MoP, but what does provisional mean in terms of an auction? The car will sell at the price If the seller agrees as it is around a reserve or something?

From the top of his post

V8 mate said:

2. Provisional - you are the highest bidder but haven't met the reserve. Manheim will try and broker a
deal between you an the vendor (either you move up or the vendor moves down). You are bound to buy the car if the vendor moves his reserve down to your bid, but are not bound to offer any extra. (Plus buyer's premium as before)

I think I'm going to run a poll - who actually reads my posts and who just looks at the pretty pictures

[V8mate]

rfn said:

Were there any MX-5's through today that you spotted?

None today.

[V8mate]

Crusoe said:

always an interesting read, top work

some bargains but this looks very expensive

2006 56 Volkswagen Golf 2.0 GT TDi 170 5dr. 122k. £6,900 SOLD

so £7250 by the time you add buyers premium then there's the service and tyres it might need.

Looking at random there are nice sub 50k mile 5 door TDI GT Golfs around at dealers for under £8k.

The 170bhp engine adds the premium. It'll be 140bhp models at 8k.

[V8mate]

internet-carlot said:

Good work again V8, I was at an auction today and cars were making powerful money relative to Glasses guide but given how little a lot of this kit books at today then I understand why they appear cheap.

Appear cheap? I thought the reverse was true; seemed like buyers were desperate for anything apart from the very lumpiest stock.

I bumped into a chap I worked with 10 years ago. He works for a Ford main dealer; had come along with 3 colleagues desperate for stock (not just Fords) they could retail between £5000-£7500.

[V8mate]

internet-carlot said:

V8mate said:

internet-carlot said:

Good work again V8, I was at an auction today and cars were making powerful money relative to Glasses guide but given how little a lot of this kit books at today then I understand why they appear cheap.

Appear cheap? I thought the reverse was true; seemed like buyers were desperate for anything apart from the very lumpiest stock.

I bumped into a chap I worked with 10 years ago. He works for a Ford main dealer; had come along with 3 colleagues desperate for stock (not just Fords) they could retail between £5000-£7500.

I agree, they are not cheap enough for me, I went looking for five or six and only came back with one but as Tonker rightly points out the percentages against list of many of these cars make them look mega cheap to anyone out of the trade and to be fair they still are compared to what this stuff was booking at six months ago.

For sure.

[V8mate]

Crusoe said:

V8mate said:

Crusoe said:

always an interesting read, top work

some bargains but this looks very expensive

2006 56 Volkswagen Golf 2.0 GT TDi 170 5dr. 122k. £6,900 SOLD

so £7250 by the time you add buyers premium then there's the service and tyres it might need.

Looking at random there are nice sub 50k mile 5 door TDI GT Golfs around at dealers for under £8k.

The 170bhp engine adds the premium. It'll be 140bhp models at 8k.

True but there are 170bhp ones out there with less miles from a dealer too, like this at £7249 before haggling. 2004 GT 170 tdi 80k miles with satnav. Sure I could find a lower milage 5 door too.


http://search.autotrader.co.uk/es-uk/www/cars/VOLK...

But that's 2 and a half years older and a three door. The Golf today wasn't badly priced. Most are for sale between £11 and £13k with regular miles; that one would fetch top end four figures.

[V8mate]

minghis said:

Fort Jefferson said:

Great post, V8mate.

PH should put you on the payroll !!

Seconded.

PS - you thought about posting these on our 'other' forum?

Other forum?

[V8mate]

minghis said:

V8mate said:

minghis said:

Fort Jefferson said:

Great post, V8mate.

PH should put you on the payroll !!

Seconded.

PS - you thought about posting these on our 'other' forum?

Other forum?

The motor trade one - you asked if I was the minghis from here. Or I've got you completely mixed up with someone else, in which case please forgive me!

You're forgiven. Go in peace.

What forum?

[V8mate]

J500ANT said:

Are you there buying, or is it just somewhere to kill a few hours?

Time killing mainly; I work to suit myself mainly and enjoy the auction buzz (cars or anything else).

Have been using this auction venue for over 20 years; usually buy 2 or 3 cars a year, haven't traded for quite a few years now, but even back then it was always a sideline/hobby rather than career.

RonnieP said:

Can you obtain a pre sale list for auctions?

Yes, via the Manheim website. But, unlike BCA, Manheim charge for the privilege.

[V8mate]

jazzybee said:

V8mate said:

RonnieP said:

Can you obtain a pre sale list for auctions?

Yes, via the Manheim website. But, unlike BCA, Manheim charge for the privilege.

Thanks V8Mate - BCA do charge to searching auctions. £15 for 100 searches withing 2 months.

I'm off to the BMW sale at Nottingham tomorrow. Everyone else please refrain from bidding on the cars I want

I'll try and capture a few details while I'm there, although I am seriously intending to buy tomorrow so will be focusing on how the prices are going.

I've never paid for access to auction lists on the BCA website

I'm hoping that someone goes to the BCA sale at Bedford tomorrow - would love to know how much the (ultra-)low mileage BMW 760iL goes for.

[V8mate]

anonymous said:

[redacted]

Does look a bit 'different'. The 'pods' with the fog lights 'smile upwards' in today's car, unlike the the 'sad face' 'pods' on this one....

http://cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&am...

[V8mate]

whitechief said:

V8 mate, was the Elise a privately entered car?

It certainly wasn't from a fleet. It was in the first batch of cars which go through each sale: a mix of private, small dealer p/ex, trade clearance etc.

It wasn't perfect. The rear 'deck' of the car (the top bit at the back, before it goes down to the rear lights) needed a good mop at the very least as it was quite badly 'swirled'. The front of the car was covered in snow

Overall, I felt it was good value for what it was, though; for me, it's the kind of car which asks you pay for it with the heart rather your head and the latest price guide.

[V8mate]

whitechief said:

V8mate said:

whitechief said:

V8 mate, was the Elise a privately entered car?

It certainly wasn't from a fleet. It was in the first batch of cars which go through each sale: a mix of private, small dealer p/ex, trade clearance etc.

It wasn't perfect. The rear 'deck' of the car (the top bit at the back, before it goes down to the rear lights) needed a good mop at the very least as it was quite badly 'swirled'. The front of the car was covered in snow

Overall, I felt it was good value for what it was, though; for me, it's the kind of car which asks you pay for it with the heart rather your head and the latest price guide.

Lot number 5 wasn't it? Those early lots always take a hammering.

Yep. Just rechecked the catalogue and that was a 'submit highest bid' car; so highly likely to have been private sale or member of staff etc.

[V8mate]

jazzybee said:

I'm on my way back from the Nottingham auction. Only got prices of the first half of the lots as I finally bought myself a 730d. The M1 is closed southbound, so I've pulled into a restaurant to catch up on work.

Every car sold (while I was watching) some bargains, some not. I'll do a full rundown with pics in another thread tonight when I'm nice and warm, tucked up in bed! For the time being, here are some highlights...

The Z4M was a lovely car in a quite beautiful Interlagos Blue - with Black Nappa and 11.7k miles reg 03/06 made £17,200. I missed the M3s as I was sorting out payment and collection of my car, but the '08' M3 looked stunning in Jerez Black. The silver 650i Coupe made £21,200 and the '06' convertible made £25,200 which I think was a fantastic price as the car looked in outstanding condition.

What reg was the 650i?

[V8mate]

jazzybee said:

V8mate said:

What reg was the 650i?

The Silver Coupe was MD55LLA with 38k miles sold for £21,200

BMW 6 Series (2004-07)
650i 2Dr Coupe 4.8 (2005/55)

Retail : £21,454
Private Good : £19,154
Private Average : £17,394
Private Poor : £16,514
Part Exchange : £18,454
Trade : £17,748

[V8mate]

jazzybee said:

V8mate said:

jazzybee said:

V8mate said:

What reg was the 650i?

The Silver Coupe was MD55LLA with 38k miles sold for £21,200

BMW 6 Series (2004-07)
650i 2Dr Coupe 4.8 (2005/55)

Retail : £21,454
Private Good : £19,154
Private Average : £17,394
Private Poor : £16,514
Part Exchange : £18,454
Trade : £17,748

Wow, I thought it was expensive - bidding started at £16k but when it passed £20k I thought that was just silly. Did'nt realise book price was that low. BTW whats book for 730d 2006 '56' with 20k miles?

SE or.....?

[V8mate]

jazzybee said:

V8mate said:

jazzybee said:

V8mate said:

jazzybee said:

V8mate said:

What reg was the 650i?

The Silver Coupe was MD55LLA with 38k miles sold for £21,200

BMW 6 Series (2004-07)
650i 2Dr Coupe 4.8 (2005/55)

Retail : £21,454
Private Good : £19,154
Private Average : £17,394
Private Poor : £16,514
Part Exchange : £18,454
Trade : £17,748

Wow, I thought it was expensive - bidding started at £16k but when it passed £20k I thought that was just silly. Did'nt realise book price was that low. BTW whats book for 730d 2006 '56' with 20k miles?

SE or.....?

Yup. SE

BMW 7 Series (2002-06)
730d 4Dr Saloon 3.0d SE Auto (2006/56)

Car valuation adjusted for 20,000 miles

Retail: £17,425
Private Good: £16,145
Private Average: £14,855
Private Poor: £14,565
Part Exchange: £15,575
Trade: £15,140

[V8mate]

jazzybee said:

:Yikes: OK - Pretty much everything was above Book I guess (I paid over £17k!) The best value one I saw sold for £16k with 30k miles.

It's a 'guide'.

As with anything in life, if you like the car and feel that you got good value, then you've made a great purchase

[V8mate]

Treadmill said:

V8, thanks very much for the details on the 350's. That's a great help.

To answer someone elses question about the body kit and wheels on the red 350, they're aftermarket jobbies.

Do you think they may have been fitted by a main dealer though, or do Nissan not offer them?

Just wonderng, as it was Nissan who entered the car into the sale so, if it wasn't an internal car it must have been financed by them. Are you allowed to glue a load of extra 'bits' onto a leased car?