Is this to cheap

Author
Discussion

SILICONEKID345HP

Original Poster:

14,997 posts

231 months

Monday 1st September 2014
quotequote all
I`m wondering why this car is so cheap ?

http://www.pistonheads.com/classifieds/used-cars/t...

Pursyluv

1,927 posts

174 months

Monday 1st September 2014
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Me too, I'd be surprised if there wasn't some kind of issue that's not immediately obvious!

phillpot

17,115 posts

183 months

Monday 1st September 2014
quotequote all
advert said:
For sale by auction on Saturday 30 August 2014 with Historics at Brooklands,



was that a reserve price?


Didn't sell... Auction results

Edited by phillpot on Monday 1st September 21:00

SILICONEKID345HP

Original Poster:

14,997 posts

231 months

Monday 1st September 2014
quotequote all
Why do so many cars end up at an auction when they could be sold private ?

chris watton

22,477 posts

260 months

Monday 1st September 2014
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I guess if you're looking to use it as a base to start upgrading it, it's not too bad. I think that, at that price, I would have to assume there are issues that need addressing.

jrb43

798 posts

255 months

Monday 1st September 2014
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I would think because apparently it's the less popular "5 seat" version of the Tamora laugh

SonicHedgeHog

2,538 posts

182 months

Tuesday 2nd September 2014
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I was going to look at this but the dealer showed zero interest in my enquiries and the auction viewings were on Friday afternoon next to Heathrow. I would have died of old age long before the traffic cleared so didn't bother. Anyone know how high the bidding went? It was on the dealers website for £18k so I guess the reserve was around there.

mk1fan

10,517 posts

225 months

Wednesday 3rd September 2014
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Nice colour combo.

TimJM

1,497 posts

210 months

Wednesday 3rd September 2014
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I like that colour combo too. As to the reserve my understanding was that in an auction the low end of the estimate must be higher than the reserve so the max bid would have been under 14k.