Auction Report #3: Manheim Colchester 20 Nov 08
Discussion
Another day, another report. About 450 cars today.
A fair crowd today but no-one willing to spend any money; if 10% of the cars met their reserve and sold outright I'd be surprised.
On some of the cars, by the value of the highest bid, I have noted 'No interest'. This means that either no-one would make the minimum bid or only one person made that bid.
You can read into this in one of two ways:
- If you own a car like that, you can take it as a message of how interested the trade would currenly be of your car if you presented it to them as a p/ex.
- If you fancy a car like that and are happy to buy at auction, you will easily topple any trade bids and still buy yourself a cheap car.
Anyway, here's some info and a few piccies to peer at. As before, please be aware that they are taken on a mobile phone and in very odd lighting conditions; so the cars are ofen much prettier in 'real life'. I seem to have had wobbly hands today too!
Provisional bids are usually within £150-£200 of the reserve. SOmetimes the vendor will come down to the bid price; more likely at the moment with so few vehicles selling!
First off; one for the cartographers amongst you
2007 07 BMW 330d SE Coupe 231bhp with SATnav. 25k miles.£17,400 SOLD
There's been some Saab chat in General Gassing this week
2005 55 Saab 9-3 1.9TiD Vector [120] 86k. £3,250 provisional
2007 07 Nissan 350Z 280bhp Roadster. £12,500 No Interest
2008 08 Honda S2000 240bhp Roadster. £13,700 (Very) provisional
2006 06 Subaru Impreza 2.5 WRX 230bhp. 43k. £6,800 provisional
Potentially, an absolute steal....
2008 08 Aston Martin Vantage 380bhp Sportshift Roadster. £57,300 provisional
Smart and sensible...
2007 07 BMW 520d M Sport Auto. £16,700 provisional
One which I thought would make for some very cheap RWD motoring, but....
1999 V BMW Z3 Roadster 1.9. 53k. £4,000 Unsold. Long way from reserve.
Nice, low mileage, V8 Jap barge...
2002 02 Lexus LS430 Auto. 48k. £6,300 provisional
2004 54 Mercedes ML270 CDi Auto. 28k. £9,900 provisional
Cheap enough?
2006 06 Lexus IS220d 175bhp Saloon. £6,900 provisional
Not really a Pistonhead car, just the first one I've seen at auction. Check out the depreciation/interest level!
2008 57 Peugeot 4007 2.2 SE Diesel 4x4. £9,500 No Interest
Future classic?
2003 03 Jaguar XKR 4.2 Supercharged. 75k. £9,400 Unsold.
I was quite shocked at the reaction to this one...
2005 05 Audi A6 3.0 TDi Quattro SE Tip Auto. 68k. £8,000 No Interest.
2007 57 Ford Focus 2.5 ST-2 225bhp Hatch with SATnav. £9,500 provisional
2007 56 Range Rover Sport 2.7 TDV6 188bhp Auto. 18k. £22,550 provisional
2005 05 Range Rover Sport 4.2 V8 Supercharged Auto. £16,650 provisional
2004 04 BMW 325 Ci Sport Auto Convertible 192bhp. £8,450 provisional
Really surprised at the lack of interest in this. All the show and the right type of 'go'!
Alfa Romeo GT 1.9 Diesel 16V Lusso 150bhp Coupe. 24k. £9,500 No Interest
Not my 'cup of tea', but a nice example of the ubiquitous MX-5
2005 05 Mazda MX-5 146bhp Convertible. 20k, £5,325 provisional
Merc-powered tank anyone?
2006 06 Jeep Grand Cherokee 3.0 CRD 215bhp Auto. 24k. £9,550 provisional
Or go the whole hog and get the V8?
2006 56 Jeep Grand Cherokee 5.7 V8 Overland 322bhp. 32k. £8,900 SOLD
Bentley diesel estate anyone?
Chrysler 300C 3.0 CRD Touring. 21k. £10,850 SOLD (Reserve set at £10,500)
A fair crowd today but no-one willing to spend any money; if 10% of the cars met their reserve and sold outright I'd be surprised.
On some of the cars, by the value of the highest bid, I have noted 'No interest'. This means that either no-one would make the minimum bid or only one person made that bid.
You can read into this in one of two ways:
- If you own a car like that, you can take it as a message of how interested the trade would currenly be of your car if you presented it to them as a p/ex.
- If you fancy a car like that and are happy to buy at auction, you will easily topple any trade bids and still buy yourself a cheap car.
Anyway, here's some info and a few piccies to peer at. As before, please be aware that they are taken on a mobile phone and in very odd lighting conditions; so the cars are ofen much prettier in 'real life'. I seem to have had wobbly hands today too!
Provisional bids are usually within £150-£200 of the reserve. SOmetimes the vendor will come down to the bid price; more likely at the moment with so few vehicles selling!
First off; one for the cartographers amongst you
2007 07 BMW 330d SE Coupe 231bhp with SATnav. 25k miles.£17,400 SOLD
There's been some Saab chat in General Gassing this week
2005 55 Saab 9-3 1.9TiD Vector [120] 86k. £3,250 provisional
2007 07 Nissan 350Z 280bhp Roadster. £12,500 No Interest
2008 08 Honda S2000 240bhp Roadster. £13,700 (Very) provisional
2006 06 Subaru Impreza 2.5 WRX 230bhp. 43k. £6,800 provisional
Potentially, an absolute steal....
2008 08 Aston Martin Vantage 380bhp Sportshift Roadster. £57,300 provisional
Smart and sensible...
2007 07 BMW 520d M Sport Auto. £16,700 provisional
One which I thought would make for some very cheap RWD motoring, but....
1999 V BMW Z3 Roadster 1.9. 53k. £4,000 Unsold. Long way from reserve.
Nice, low mileage, V8 Jap barge...
2002 02 Lexus LS430 Auto. 48k. £6,300 provisional
2004 54 Mercedes ML270 CDi Auto. 28k. £9,900 provisional
Cheap enough?
2006 06 Lexus IS220d 175bhp Saloon. £6,900 provisional
Not really a Pistonhead car, just the first one I've seen at auction. Check out the depreciation/interest level!
2008 57 Peugeot 4007 2.2 SE Diesel 4x4. £9,500 No Interest
Future classic?
2003 03 Jaguar XKR 4.2 Supercharged. 75k. £9,400 Unsold.
I was quite shocked at the reaction to this one...
2005 05 Audi A6 3.0 TDi Quattro SE Tip Auto. 68k. £8,000 No Interest.
2007 57 Ford Focus 2.5 ST-2 225bhp Hatch with SATnav. £9,500 provisional
2007 56 Range Rover Sport 2.7 TDV6 188bhp Auto. 18k. £22,550 provisional
2005 05 Range Rover Sport 4.2 V8 Supercharged Auto. £16,650 provisional
2004 04 BMW 325 Ci Sport Auto Convertible 192bhp. £8,450 provisional
Really surprised at the lack of interest in this. All the show and the right type of 'go'!
Alfa Romeo GT 1.9 Diesel 16V Lusso 150bhp Coupe. 24k. £9,500 No Interest
Not my 'cup of tea', but a nice example of the ubiquitous MX-5
2005 05 Mazda MX-5 146bhp Convertible. 20k, £5,325 provisional
Merc-powered tank anyone?
2006 06 Jeep Grand Cherokee 3.0 CRD 215bhp Auto. 24k. £9,550 provisional
Or go the whole hog and get the V8?
2006 56 Jeep Grand Cherokee 5.7 V8 Overland 322bhp. 32k. £8,900 SOLD
Bentley diesel estate anyone?
Chrysler 300C 3.0 CRD Touring. 21k. £10,850 SOLD (Reserve set at £10,500)
Just noticed the age of the Aston, someone's taken a huge hit!!
I pity the fool that paid full-whack for that.erolb said:
This is great info. It amazes me how cars like the Lexus IS go for 6.5 but that ML, in this day and age goes for over nine. Maybe I don't have a great understanding of these things.
People are still stupid enough to believe that anything with a Mercedes badge on is better than anything Japanese. [quote=Gallen (BPH)]nice one... I'm popping in Manheim, Colcheter tonight to see what the bangers are making, on my way home from work...
Gallen
[/quote]
Let us know a few good examples if you can please - I am always interested in the banger end of the market
Gallen
[/quote]
Let us know a few good examples if you can please - I am always interested in the banger end of the market
Edited by cv01jw on Thursday 20th November 15:49
Mr Gear said:
erolb said:
This is great info. It amazes me how cars like the Lexus IS go for 6.5 but that ML, in this day and age goes for over nine. Maybe I don't have a great understanding of these things.
People are still stupid enough to believe that anything with a Mercedes badge on is better than anything Japanese. The Jeeps are astonishing, if you like that kind of thing. I would have thought there would serious interest in the low mileage and still in warranty diesel. And the V8 petrol would be a lark if you didn't need to use it much.
Deva Link said:
It does look very dated though.
The Jeeps are astonishing, if you like that kind of thing. I would have thought there would serious interest in the low mileage and still in warranty diesel. And the V8 petrol would be a lark if you didn't need to use it much.
I have to try and remove my bias from my posts above. I just really, really hate MLs, and wonder what people think they are achieving by buying one, but live and let live etc.The Jeeps are astonishing, if you like that kind of thing. I would have thought there would serious interest in the low mileage and still in warranty diesel. And the V8 petrol would be a lark if you didn't need to use it much.
FEZZA_RS said:
FEZZA_RS said:
V8mate said:
One which I thought would make for some very cheap RWD motoring, but....
1999 V BMW Z3 Roadster 1.9. 53k. £4,000 Unsold. Long way from reserve.
Whoever put the reserve on that is living in narnia! £3.5k top book on a realy good day!1999 V BMW Z3 Roadster 1.9. 53k. £4,000 Unsold. Long way from reserve.
Muzzer said:
Doesn't give the mileage but if it's sensible that Lexus IS220 is a lot of 2006 car for 7 grand....
Sorry. It was 75k. (but very smart and straight)I expected that little Z3 to make about £2,500. Was surprised that it went up as far as £4k and even more shocked when the auctioneer announced that it was still so far away from reserve he was marking it unsold.
Edited by V8mate on Thursday 20th November 16:02
Beed said:
V8,
Can you run through what happened on the 350z and 03 XKR? I take it that the two prices you gave weren't high enough rather than no interest at the opening price?
Cheers
XKR - One bid at £9,400. Too far away from reserve to warrant taking a deposit.Can you run through what happened on the 350z and 03 XKR? I take it that the two prices you gave weren't high enough rather than no interest at the opening price?
Cheers
There were actually two 350Zs today.
The 07/07 shown above received one bid at £12,500. No further interest shown. Too far from reserve.
There was also this 2005 55 plate convertible one. One or two bids placed, peaking at £11,300 which, again, was well below reserve and the car went unsold. On reflection, there were a lot of convertibles on sale today: two 350Zs, two S2000s, a 630i, the MX-5..... and that's just what springs immediately to mind.
Anyway, here is the other car. I didn't post it initially as it was so similar (apart from age) to the other one)
V8mate said:
Beed said:
V8,
Can you run through what happened on the 350z and 03 XKR? I take it that the two prices you gave weren't high enough rather than no interest at the opening price?
Cheers
XKR - One bid at £9,400. Too far away from reserve to warrant taking a deposit.Can you run through what happened on the 350z and 03 XKR? I take it that the two prices you gave weren't high enough rather than no interest at the opening price?
Cheers
There were actually two 350Zs today.
The 07/07 shown above received one bid at £12,500. No further interest shown. Too far from reserve.
There was also this 2005 55 plate convertible one. One or two bids placed, peaking at £11,300 which, again, was well below reserve and the car went unsold. On reflection, there were a lot of convertibles on sale today: two 350Zs, two S2000s, a 630i, the MX-5..... and that's just what springs immediately to mind.
Anyway, here is the other car. I didn't post it initially as it was so similar (apart from age) to the other one)
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