Auction Report #9: Manheim Colchester 13 January 2009
Discussion
Hi all.
Very busy auction today; large number of cars, big crowd of buyers and almost everything selling. Whether the trade are paying top whack (and more?) for everything or whether the vendors are demanding lower reserves, I'll leave that up to you to debate.
Major sale of Lexus and Toyota cars today. They are such boring cars to look at though, so I stuck it out on the Lexii for a while, but couldn't face coming back for the Toyotas. Sorry.
I have more Lexus prices than I have posted, so do ask if there's a particular age/spec you're after and I'll see if I got a price for one.
Coming up soon
Don't forget the next Prestige Sale on Tuesday 10th February. Would be great to see some of you there if you can spare the time.
The cars are starting to arrive already; here's a taster!
So, onto today's results. As always, I have tried to capture as broad a selection as possible. Over 1000 cars through 4 lanes today, so I couldn't get to everything. I try and spot the nice stuff, but if your dream car is a Peugeot 407 or a Corolla Verso do let me know and I'll make a point of looking out for them for you.
To save repeated questions, car prices are marked as:
SOLD - you pay this price plus a buyer's premium of 4-5%.
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)
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 Mazda RX-8 Evolve. 4k. £9,350 SOLD
2005 05 Volvo V70 2.4 170 SE Estate. 45k. £6,950 SOLD
2005 55 Jaguar XJ 2.7 TDVi Executive Auto. 30k. £14,000 SOLD
2004 04 Volvo C70 Auto Convertible. 50k. £%,700 SOLD
One of today's bargains, IMO. Sporty bits, zoomy bits, leather etc
2005 55 Volvo S60 T5 Sport. 61k. £3,650 SOLD
2005 55 Range Rover Sport 4.4 V8 SE Auto. 37k. £16,300 SOLD
2005 05 Range Rover Sport 2.7 TDV6 HSE Auto. 79k. £17,900 SOLD
2005 55 Range Rover 3.0 TD6 Vogue Auto. 71k. £16,200 SOLD
2005 55 Volvo XC90 2.4D SE Geartronic.32k. £12,700 SOLD
2006 56 Jaguar X-Type 2.2D Sport Estate. 57k. £8,200 SOLD
2006 06 Volvo V70 D5 SE (185bhp) Estate. 24k. £10,200 SOLD
2006 56 Jaguar XJ 2.7 TDVi Sovereign Auto. 20k. £18,700 SOLD
2005 55 Land Rover Discovery TDV6 HSE Auto. 37k. £16,150 SOLD
Stunning car; couldn't get close enough with the camera to do it justice. Ignore the plate on the car.
2006 56 Jaguar XKR 4.2 Supercharged Auto COnvertible. 14k. £35,600 SOLD
2005 55 Mazda RX-8 231bhp Coupe. 14k. £7,900 SOLD
2005 55 Volkswagen Golf 2.0T GTi 3dr. 64k. £7,325 SOLD
Below ten grand!!
2005 55 Land Rover Discovery TDV6 S. 70k. £9,300 SOLD
2006 56 Jaguar XJ TDVi Sovereign auto. 37k. £18,100 SOLD
You don't see many like this... (for a reason, probably, but I can see it appealing to some)
2006 56 Volvo C30 T5 SE Sport. 34k. £10,450 SOLD
2005 55 Volvo V70 2.4 S 140bhp Auto Estate. 25k. £6,700 SOLD
2005 55 Audi A4 Sport 163bhp cabriolet. 47k. £8,850 SOLD
Another scary, scary example of what happens when inexperienced private buyers decide to chnce their arm at auction...
2006 56 Jaguar S-Type 2.7d V6 SE. 17k. £14,000 SOLD
This was lovely. Could see myself gliding about in this one... bit of a dodgy number-plate though; maybe it refers to the depreciation the next owner will still have to swallow
Jaguar XJ8 4.2 V8 Sovereign LWB. 27k. £19,100 SOLD
Another one under ten bags...
Land Rover Discovery TDV6. 56k. £9,950 SOLD
2005 55 Mazda RX-8 192bhp coupe. 59k. £5,450 SOLD
2005 55 Jaguar X-Type 2.0D Sport. 46k. £6,800 SOLD
2006 56 Range Rover Sport TDV6 HSE Auto. 12k. £26,100 SOLD
How about this for some late-reg value?
2007 57 Volvo S60 SE. 9k. £7,450 SOLD
Less than a year ago, this car would have been retailing for £35-36k!
2006 56 Jaguar XJ TDVi Sport Premium Auto. 17k. £19,000 SOLD
2007 57 Nissan Pathfinder 2.5 DCi Sport. 5k. £11,000 SOLD
2006 06 Volvo XC90 2.4 D5 SE Geartronic. 29k. £15,900 SOLD
One for our younger members (sorry for the lousy photo)
2007 56 Vauxhall Astra 2.0T 16V VXR 3dr. 41k. £8,050 SOLD
2005 55 Mini One D. 91k. £5,100 SOLD
2007 07 BMW 120D SE Step Auto 177bhp. 41k. £11,800 SOLD
2004 04 Lexus GS300 SE Auto with navigation & Mark Lev. 65k. £3,900 SOLD
2004 54 Lexus SC430 282bhp Auto Cab Coupe. 43k. £15,600 SOLD
2004 54 Lexus RX300 SE-L Auto. 44k. £10,200 SOLD
2005 55 Lexus IS 250 SE-L Auto. 68k. £8,100 SOLD
2005 55 Lexus RX400H 3.3 SE-L CVT Auto. 27k. £19,300 SOLD
2005 55 Lexus GS300 SE Auto. 36k. £10,800 SOLD
2006 06 Lexus IS 250 Sport (sunroof). 67k. £7,500 provisional
2006 56 Lexus IS 220D. 41k. £8,300 SOLD
2006 56 Lexus IS 250 Sport (Multimedia). 48k. £8,900 provisional
2005 55 Lexus RX300 LE Auto (navigator). 22k. £11,100 SOLD
Nice pile of VFM. If only it wasn't so bl00dy ugly.
2005 05 Lexus LS430 V8 (ACC/PCS). 26k. £13,450 SOLD
Starting to think about this summer's trackday car? How about one of these? (Swapped for a manual 'box, naturally
)
Lexus IS200 SE Auto 153bhp. 60k. £3,350 SOLD
2005 55 Lexus IS 250 SE-L Auto (Multimedia). 60k. £9,600 SOLD
2007 07 Lexus RX400H SR CVT Auto (Multimedia). 5k. £22,700 SOLD
2004 54 Lexus IS300 Auto. 62k. £4,950 SOLD
2006 55 Lexus IS220D SE (Multimedia). 31k. £9,500 SOLD
2005 55 Lexus GS300 SE-L 245bhp Auto. 39k. £13,100 SOLD
2004 54 BMW 525D SE Auto. 44k. £9,750 SOLD
Very busy auction today; large number of cars, big crowd of buyers and almost everything selling. Whether the trade are paying top whack (and more?) for everything or whether the vendors are demanding lower reserves, I'll leave that up to you to debate.
Major sale of Lexus and Toyota cars today. They are such boring cars to look at though, so I stuck it out on the Lexii for a while, but couldn't face coming back for the Toyotas. Sorry.
I have more Lexus prices than I have posted, so do ask if there's a particular age/spec you're after and I'll see if I got a price for one.
Coming up soon
Don't forget the next Prestige Sale on Tuesday 10th February. Would be great to see some of you there if you can spare the time.
The cars are starting to arrive already; here's a taster!
So, onto today's results. As always, I have tried to capture as broad a selection as possible. Over 1000 cars through 4 lanes today, so I couldn't get to everything. I try and spot the nice stuff, but if your dream car is a Peugeot 407 or a Corolla Verso do let me know and I'll make a point of looking out for them for you.
To save repeated questions, car prices are marked as:
SOLD - you pay this price plus a buyer's premium of 4-5%.
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)
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 Mazda RX-8 Evolve. 4k. £9,350 SOLD
2005 05 Volvo V70 2.4 170 SE Estate. 45k. £6,950 SOLD
2005 55 Jaguar XJ 2.7 TDVi Executive Auto. 30k. £14,000 SOLD
2004 04 Volvo C70 Auto Convertible. 50k. £%,700 SOLD
One of today's bargains, IMO. Sporty bits, zoomy bits, leather etc
2005 55 Volvo S60 T5 Sport. 61k. £3,650 SOLD
2005 55 Range Rover Sport 4.4 V8 SE Auto. 37k. £16,300 SOLD
2005 05 Range Rover Sport 2.7 TDV6 HSE Auto. 79k. £17,900 SOLD
2005 55 Range Rover 3.0 TD6 Vogue Auto. 71k. £16,200 SOLD
2005 55 Volvo XC90 2.4D SE Geartronic.32k. £12,700 SOLD
2006 56 Jaguar X-Type 2.2D Sport Estate. 57k. £8,200 SOLD
2006 06 Volvo V70 D5 SE (185bhp) Estate. 24k. £10,200 SOLD
2006 56 Jaguar XJ 2.7 TDVi Sovereign Auto. 20k. £18,700 SOLD
2005 55 Land Rover Discovery TDV6 HSE Auto. 37k. £16,150 SOLD
Stunning car; couldn't get close enough with the camera to do it justice. Ignore the plate on the car.
2006 56 Jaguar XKR 4.2 Supercharged Auto COnvertible. 14k. £35,600 SOLD
2005 55 Mazda RX-8 231bhp Coupe. 14k. £7,900 SOLD
2005 55 Volkswagen Golf 2.0T GTi 3dr. 64k. £7,325 SOLD
Below ten grand!!
2005 55 Land Rover Discovery TDV6 S. 70k. £9,300 SOLD
2006 56 Jaguar XJ TDVi Sovereign auto. 37k. £18,100 SOLD
You don't see many like this... (for a reason, probably, but I can see it appealing to some)
2006 56 Volvo C30 T5 SE Sport. 34k. £10,450 SOLD
2005 55 Volvo V70 2.4 S 140bhp Auto Estate. 25k. £6,700 SOLD
2005 55 Audi A4 Sport 163bhp cabriolet. 47k. £8,850 SOLD
Another scary, scary example of what happens when inexperienced private buyers decide to chnce their arm at auction...
2006 56 Jaguar S-Type 2.7d V6 SE. 17k. £14,000 SOLD
This was lovely. Could see myself gliding about in this one... bit of a dodgy number-plate though; maybe it refers to the depreciation the next owner will still have to swallow
Jaguar XJ8 4.2 V8 Sovereign LWB. 27k. £19,100 SOLD
Another one under ten bags...
Land Rover Discovery TDV6. 56k. £9,950 SOLD
2005 55 Mazda RX-8 192bhp coupe. 59k. £5,450 SOLD
2005 55 Jaguar X-Type 2.0D Sport. 46k. £6,800 SOLD
2006 56 Range Rover Sport TDV6 HSE Auto. 12k. £26,100 SOLD
How about this for some late-reg value?
2007 57 Volvo S60 SE. 9k. £7,450 SOLD
Less than a year ago, this car would have been retailing for £35-36k!
2006 56 Jaguar XJ TDVi Sport Premium Auto. 17k. £19,000 SOLD
2007 57 Nissan Pathfinder 2.5 DCi Sport. 5k. £11,000 SOLD
2006 06 Volvo XC90 2.4 D5 SE Geartronic. 29k. £15,900 SOLD
One for our younger members (sorry for the lousy photo)
2007 56 Vauxhall Astra 2.0T 16V VXR 3dr. 41k. £8,050 SOLD
2005 55 Mini One D. 91k. £5,100 SOLD
2007 07 BMW 120D SE Step Auto 177bhp. 41k. £11,800 SOLD
2004 04 Lexus GS300 SE Auto with navigation & Mark Lev. 65k. £3,900 SOLD
2004 54 Lexus SC430 282bhp Auto Cab Coupe. 43k. £15,600 SOLD
2004 54 Lexus RX300 SE-L Auto. 44k. £10,200 SOLD
2005 55 Lexus IS 250 SE-L Auto. 68k. £8,100 SOLD
2005 55 Lexus RX400H 3.3 SE-L CVT Auto. 27k. £19,300 SOLD
2005 55 Lexus GS300 SE Auto. 36k. £10,800 SOLD
2006 06 Lexus IS 250 Sport (sunroof). 67k. £7,500 provisional
2006 56 Lexus IS 220D. 41k. £8,300 SOLD
2006 56 Lexus IS 250 Sport (Multimedia). 48k. £8,900 provisional
2005 55 Lexus RX300 LE Auto (navigator). 22k. £11,100 SOLD
Nice pile of VFM. If only it wasn't so bl00dy ugly.
2005 05 Lexus LS430 V8 (ACC/PCS). 26k. £13,450 SOLD
Starting to think about this summer's trackday car? How about one of these? (Swapped for a manual 'box, naturally
)Lexus IS200 SE Auto 153bhp. 60k. £3,350 SOLD
2005 55 Lexus IS 250 SE-L Auto (Multimedia). 60k. £9,600 SOLD
2007 07 Lexus RX400H SR CVT Auto (Multimedia). 5k. £22,700 SOLD
2004 54 Lexus IS300 Auto. 62k. £4,950 SOLD
2006 55 Lexus IS220D SE (Multimedia). 31k. £9,500 SOLD
2005 55 Lexus GS300 SE-L 245bhp Auto. 39k. £13,100 SOLD
2004 54 BMW 525D SE Auto. 44k. £9,750 SOLD
Good work again V8, interesting to see the Lexus market, one that I have no experience in.
I was at an auction today, again mightily busy. It is noticeable how much more a well prepared or tidy car is making compared to a bitty one.
If I was a retail punter I would be focusing on the cars with decent history but a bit edgy, much more value here than the nice one.
I was at an auction today, again mightily busy. It is noticeable how much more a well prepared or tidy car is making compared to a bitty one.
If I was a retail punter I would be focusing on the cars with decent history but a bit edgy, much more value here than the nice one.
Great stuff,
Let me be the first to say well done once again.
I have followed your reports, all of them,.
I am yet to see a Land Cruiser go through.
Either the LC3,LC4, or LC5 or the bigger brother Amazon.
These LC are from 2003, and the Amazon from 1998.
If you have any information on what they are selling for in auction, please let me know.
'vette
Let me be the first to say well done once again.
I have followed your reports, all of them,.
I am yet to see a Land Cruiser go through.
Either the LC3,LC4, or LC5 or the bigger brother Amazon.
These LC are from 2003, and the Amazon from 1998.
If you have any information on what they are selling for in auction, please let me know.
'vette
Edited by uk_vette on Tuesday 13th January 20:03
uk_vette said:
Great stuff,
Let me bew the first to say well done once again.
I have followed your reports, all of them,.
I am yet to see a Land Cruiser go through.
Either the LC3,LC4, or LC5 or the bigger brother Amazon.
These LC are from 2003, and the Amazon from 1998.
If you have any information on what they are selling for in auction, please let me know.
'vette
There were four Landcruisers through today as part of the 200+ Toyotas. Unfortunately I had switched to the Ford Credit lane at that time.Let me bew the first to say well done once again.
I have followed your reports, all of them,.
I am yet to see a Land Cruiser go through.
Either the LC3,LC4, or LC5 or the bigger brother Amazon.
These LC are from 2003, and the Amazon from 1998.
If you have any information on what they are selling for in auction, please let me know.
'vette
Nice work again. What was the full story behind the S-type diesel that went to a private punter?
At £14k, he paid exactly the same as he would have done at a main Jag dealer! Before haggling! I hope he never finds out for the sake of his sanity.
http://search.autotrader.co.uk/es-uk/www/cars/JAGU...
At £14k, he paid exactly the same as he would have done at a main Jag dealer! Before haggling! I hope he never finds out for the sake of his sanity.
http://search.autotrader.co.uk/es-uk/www/cars/JAGU...
Plotloss said:
Great work, again.
Is it me or are prices sureing up?
Definitely. The vendors are setting sensible reserves but, more often than not, the buyers are exceeding them by a fair margin.Is it me or are prices sureing up?
The trade must feel confident about the future, though, as a lot of the prices they are going to have to charge on the forecourts well exceed the public price guides (Wisebuyers, Parkers etc). They'll have to justify their screen prices against Joe Public armed with such guides. which is fine, as long as they are sensible about trade-in values too.
malaccamax said:
Nice work again. What was the full story behind the S-type diesel that went to a private punter?
At £14k, he paid exactly the same as he would have done at a main Jag dealer! Before haggling! I hope he never finds out for the sake of his sanity.
http://search.autotrader.co.uk/es-uk/www/cars/JAGU...
No story. Just a retired couple who wanted to buy a car. Plus they'll be looking at another £600-700 in fees.At £14k, he paid exactly the same as he would have done at a main Jag dealer! Before haggling! I hope he never finds out for the sake of his sanity.
http://search.autotrader.co.uk/es-uk/www/cars/JAGU...
Bear in mind it takes two parties to lift a price, though!
968CSReading said:
Great report as always, as an RX8 owner those prices were better than I thought.
Those XJ's were lovely though
Yep; but seemed to be £1500-2000 dearer than pre-Christmas. Independent traders have been swamped by main dealer buyers since New Year though; I guess they can afford to pay that little bit more.Those XJ's were lovely though
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