Auction Report #7: Manheim Colchester 18 Dec 2008

[V8mate]

Hello again.

This will be my last report of 2008; there is another auction next Tuesday, but that day I'll be polishing my shoes for the PH Xmas drinks at Dirty Dicks that evening. Maybe I'll see some of you there?

Was good to meet JazzyBee at the auction today. He remained a frustrated shopper when I left, but there were still plenty of cars to come; maybe he has some news for us?

Not a very exciting sales report otherwise this week, I'm afraid. Two large sales today: one from Mercedes Benz UK and the other from Chrysler/Jeep. Both over 200 cars each. As for general fleet stuff, it was a pretty poor show with many cars failing to meet reserves. I've included the pretty pics nonetheless.


As part of my continued attempt to make my reports appeal to both sexes (remember I included a 'blue car' in report #5), today I'm very pleased to be able to include a PINK one! JazzyBee was on his toes waving madly at the auctioneer as it entered the hall; if I hadn't dragged him back goodness only knows what damage may have occured to his happy family Christmas!

So here it is ladies.

2005 55 Pink Car Convertible. 13k. £5,325 SOLD






Ok... here's the rest


Obsidian with red leather... the best combination.

2005 55 Mercedes Benz SL500 Convertible Tip Auto. 10k. £24,100 SOLD





2006 06 Mercedes Benz ML 280 Ci Sport Tip Auto. 41k. £16,300 SOLD





2007 56 Mercedes Benz E220 CDi Estate Auto. 22k. £15,400 provisional





2007 07 Mercedes Benz C220 CDi Avantgarde SE Auto Estate.28k. £11,600 SOLD





2006 06 Mercedes Benz CLK 200K Avantgarde Tip Aut Cabriolet. 23k. £16,150 SOLD





2007 07 Mercedes Benz ML 320 CDi SE Tip Auto. 19k. £20,200 SOLD





2006 06 Mercedes Benz C180K Avantgarde SE Auto. 26k. £9,900 SOLD





2005 55 Mercedes Benz CLK 220 CDi Avantgarde ip Auto Coupe. 59k. £10,500 SOLD





2007 57 Jeep Commander 3.0 CRD Limited Auto. 10k. £12,150 SOLD





2008 08 Dodge Nitro 2.8 CRD SXT Auto. 3k. £11,200 SOLD





2007 07 Chrysler 300C 3.0 V6 CRD AUto Estate. 14k. £11,000 SOLD





2005 55 Chrysler Grand Voyager 2.8 CRD Limited Auto. 31k. £7,600 SOLD





2005 55 Mercedes Benz SLK 200K Sport. 12k. £16,250 SOLD





2007 07 Mercedes Benz B180 CDi SE Tip Auto. 8k. £10,850 SOLD





2004 04 Mercedes Benz C220 CDi SE Auto Coupe. 92k. £5,625 SOLD





2007 07 Mercedes Benz CLS 320 CDi Tip Auto. 18k. £19,400 SOLD





2002 52 Mercedes Benz CLK 320 Avantgarde Tip Auto Cabriolet. £7,150 SOLD





2006 06 Mercedes Benz E220 CDi Avantgarde Tip Auto Estate. 23k. £13,500 SOLD





2007 07 Mercedes Benz S320 CDi Auto. 23k.£27,800 provisional





2005 55 Mercedes Benz SLK 280 Sport 3.0. 37k. £13,450 SOLD





2007 57 Mercedes Benz R320L CDi Auto. 13k. £20,100 provisional





2006 06 Mercedes Benz B150 SE. 38k. £7,900 SOLD





2008 08 Dodge Nitro 2.8 CRD SXT Auto. 4k. £10,500 provisional





2005 05 Smart Roadster. 44k. £4,050 SOLD





2005 55 Mercedes Benz AMG SLK 55 tip Auto Roadster 360bhp. 43k. £21,800 SOLD





2006 56 Mercedes Benz CLS 320 CDi Tip Auto. 42k. £16,950 SOLD





2005 05 Jee Cherokee 2.8 CRD Renegade.26k. £4,100 SOLD





2005 05 Skoda Octavia 2.0 TDi Elegance Estate. 105k. £3,125 provisional





2004 54 Honda Accord 2.2i CDTi Executive Estate. 72k. £4,300 provisional





2005 55 Volkswagen Passat 1.9 TDi SE. 90k. £4,375 provisional





2006 56 Ford Galaxy 2.0 TDCi Zetec. 47k. £8,800 provisional





2002 02 BMW 530D SE. 102k. £3,500 provisional





2005 55 Toyota Celica 1.8 VVTI 'Blue'. 39k. £5,600 provisional





2005 55 BMW 120D SE Step Auto. 67k. £6,850 provisional





2005 05 Volkswagen Golf 2.0 GT TDI 3dr. 70k. £5,000 provisional





2002 02 Jaguar XK8 Auto. 103k. £5,000 SOLD





2005 55 Land Rover Freelander 1.8 XEi. 27k. £4,550 provisional





2008 57 Dodge Avenger 2.0 CRD SE. 3k. £6,200 SOLD





2005 05 Audi A4 1.9 TDi SE Estate. 37k. £8,000 provisional





2006 55 Mercedes Benz B180 CDi SE. 63k. £7,350 SOLD





2007 57 Jeep Commander 3.0 CRD Limited Auto. 7k. £11,700 provisional





2006 06 Chrysler Crossfire 3.2 V6 Auto Roadster. £9,500 SOLD





2006 06 Jeep Grand Cherokee 3.0 CRD Overland Auto. 29k. (Fully optioned!) £13,100 SOLD





2005 55 Smart ForTwo Brabus Cabriolet. 12k. £6,350 provisional

Edited by V8mate on Thursday 18th December 17:17

[V8mate]

J500ANT said:

Great work as ever - out of interest did you note what the smart forfour's went for?

I didn't think anyone would care

I'll note the prices at the next MB sale after Christmas!

[V8mate]

J400uk said:

Excellent post as always V8Mate.

If it isnt too much trouble could you possibly give me some more info on the lexus/toyota auction in January? I'm probably looking in the wrong place but can't see much on the Manheim website.

Cheers

The auction is on Tuesday 13th January at 11am. (Cars will start being sold from 10am, but the Toyota/Lexus bit starts at 11am) I'd recommend getting there about 9 so that you can have a good long look round the vehicles. They do a cracking cooked brekkie too!

Catalogues are £3 from reception.

If you assume that you'll have to pay a 5% surcharge on any purchase, you won't be disappointed (i.e. it's actually a bit less than 5%, but doesn't follow a linear charging structure)

[V8mate]

whitechief said:

Hi V8, good work. I couldn't make today as I was in London with the Mrs. I had my eye on the SLK 55 but all those Slks have firmed up compared to what they were making 4-6 weeks ago.

No worries. Looks like January will have a couple of interesting sales.

I was VERY surprised at the prices the SLKs made (there were more than just those I posted). I kept thinking that people must be bidding on a completly different car or plate. Who would think that they'd demand such interest a week before the lousiest Christmas in years?

[V8mate]

PPPPPP said:

Were there any of the new Brabus Fourtwo, and if so what price did they make?

Two ForTwo Brabus cars sold - both on 55 plate.

PPPPPP said:

Is it possible to get a list of all the cars that went through today, and the prices they made?

Thanks

Not to my knowledge. Hence my labour of love!

[V8mate]

anonymous said:

[redacted]

You can, but is it worth it? I've only ever had nightmares with COMAND.

Much happier with my Garmin and a fuel gauge

[V8mate]

Alfa_75_Steve said:

Are there many 159 2.4 JTDs going through at the moment? - specifically QTronic Sportwagons....

How many of that specific vehicle have Alfa sold?

How does that stack up as a percentage of all Alfas sold in the UK?

And how do Alfas appear as a percentage of all makes and models sold in the UK?

Because the auctions pretty accurately clear cars in proportion to those stats.

[V8mate]

Alfa_75_Steve said:

it's making any 159 look like a cast-iron investment, compared with almost everything else in the class.

Come on Steve. Even the most ardent Alfa fan knows that the words 'Alfa' and 'investment' will never appear together.

[V8mate]

G'kar said:

V8mate said:

Alfa_75_Steve said:

it's making any 159 look like a cast-iron investment, compared with almost everything else in the class.

Come on Steve. Even the most ardent Alfa fan knows that the words 'Alfa' and 'investment' will never appear together.

Find me an 8C below list.

There always has to be a smart arse.

[V8mate]

G'kar said:

V8mate said:

There always has to be a smart arse.

Why, thanks for noticing.

I've been working out.

It wasn't really that funny. Just trying to get my post count up. You b4stard

[V8mate]

muckymotor said:

The Cherokee for 4k

Were there any Jeep Patriots sent through?

I wasn't actually previously aware of the 'Renegade' trimmed Cherokee. Looked quite smart with the built in roof spots etc. A couple went through.

There were Patriots too; sorry I didn't get the prices. The auction hall had three of its 4 lanes running at the same time today, so there's no way I can get to everything.

The Chrysler/Jeep sales are always very good at Colchester though; well worth attending if you fancy one from their range. I'm patiently waiting for a Grand Cherokee SRT-8 to turn up

Edited by V8mate on Thursday 18th December 21:28

[V8mate]

muckymotor said:

V8mate said:

muckymotor said:

The Cherokee for 4k

Were there any Jeep Patriots sent through?

I wasn't actually previously aware of the 'Renegade' trimmed Cherokee. Looked quite smart with the built in roof spots etc. A couple went through.

There were Patriots too; sorry I didn't get the prices. The auction hall had three of its 4 lanes running at the same time today, so there's no way I can get to everything.

The Chrysler/Jeep sales are always very good at Colchester though; well worth attending if you fancy one from their range. I'm patiently waiting for a Grand Cherokee SRT-8 to turn up

Edited by V8mate on Thursday 18th December 21:28

The reason I asked about the Patriots is that my wife recently bought a used Patriot CRD. I thought we got it for a good price but the auction prices would have been interesting to see, maybe...

Great reports though, keep up the good work

Assuming you bought an 07 or 57 recently, if you paid less than 50% of original retail you were at the right place.

[V8mate]

CooperS said:

can trade only attend these auctions?

Not really looking tbh, but at 22k for a 05 Exige (what i would like) to think a SLK AMG is around that mark it makes you think a bit harder...

Open to all

[V8mate]

dabbler said:

Hello to everyone,new to the board.
Thanks for the posts.Very helpful as i am about to start trading from home and looking to use Manheim in the north west.

That's a brave move in the current climate. Certainly not a stupid move, as there are certainly deals to be done.

What provided the impetus for your decision? Have you been working in car sales and want to go independent?

What kind of cars do you plan on selling? How many cars can you stock at any one time?

[V8mate]

Zad said:

Just dipping my toe in the collective water here (doesn't really bear thinking about) but given the interest in auctions etc, might a separate forum for auction related chat be a good idea? Rather than have the threads spread about, it would keep all the advice and reports together.

Probably better to post your suggestion in Website Feedback to get the right people to consider it.

[V8mate]

dabbler said:

steebo888 said:

V8mate said:

dabbler said:

Hello to everyone,new to the board.
Thanks for the posts.Very helpful as i am about to start trading from home and looking to use Manheim in the north west.

That's a brave move in the current climate. Certainly not a stupid move, as there are certainly deals to be done.

What provided the impetus for your decision? Have you been working in car sales and want to go independent?

What kind of cars do you plan on selling? How many cars can you stock at any one time?

This is something ive been thinking about doing for a while but im gonna wait to see what happens in the next few months. I did start 3 years ago only doing 1 but didnt have the time but now do.
Im currently saving for a car in the spring so have a bit of £ spare and might have a punt at one/a few.
If you are trading the right cars you can still make some £

A good way to start at the moment is the ford ka's/corsas/fiestas for a few grand keeping 1 car at a time.

I have decided to give it a go but only with two cars,possibly three.
This is part time as i have a factory job which gives me a wage.
I am hoping to buy cars in the 4 to 5k price range and maybe offer 90 day warranty with each sale.

Only maybe?

[V8mate]

Bund said:

Ok, after just reading Manheims top 10 tips it looks like the way to do it is by making sure the car is assured - I cant see what there 15 mechanical check covers though, can anyone say? thanks in advance

Manheim Assured is a complete rip-off.

This is how it works:

1. The Vendor asks for the car they are entering to be given the Manheim Assured treatment.
2. The car goes through a basic PDI; e.g. tyre condition, windscreen chips etc.
3. The BUYER then has to pay the £25 (plus VAT) on top of the hammer price
4. If there were any mistakes on the Manheim Assured report, there is no recourse available to the buyer.


So, effectively, the buyer is paying for a basic report into the car's condition which he didn't request (and which he could evaluate himself by walking round the car) and for which the report providers have no responsibility.

I bought a car which had a clean report, found several errors and omissions; wrote to Manheim and they weren't interested.

On the subject of rip-off practices, they are also running a great new scam on private (i.e. non-trade) buyers with regard to the V5. Essentially, private buyers canno take the V5 away when they buy a car. When paying for their purchase, the cashier asks you to complete the change of ownership section of the document there and then. And then Manheim posts the doc on to DVLA. A bit of a PITA, but here's the rub. They charge £21 plus VAT for this 'service'. Yep, £25 for YOU to fill out the V5 and for them just to pop it into an envelope.

Having said all of that, these little things are just sent to test us and it's still great lucrative fun buying your new pride and joy in the atmosphere of an auction hall.

[V8mate]

Bund said:

V8mate said:

Bund said:

Ok, after just reading Manheims top 10 tips it looks like the way to do it is by making sure the car is assured - I cant see what there 15 mechanical check covers though, can anyone say? thanks in advance

Manheim Assured is a complete rip-off.

This is how it works:

1. The Vendor asks for the car they are entering to be given the Manheim Assured treatment.
2. The car goes through a basic PDI; e.g. tyre condition, windscreen chips etc.
3. The BUYER then has to pay the £25 (plus VAT) on top of the hammer price
4. If there were any mistakes on the Manheim Assured report, there is no recourse available to the buyer.


So, effectively, the buyer is paying for a basic report into the car's condition which he didn't request (and which he could evaluate himself by walking round the car) and for which the report providers have no responsibility.

I bought a car which had a clean report, found several errors and omissions; wrote to Manheim and they weren't interested.

On the subject of rip-off practices, they are also running a great new scam on private (i.e. non-trade) buyers with regard to the V5. Essentially, private buyers canno take the V5 away when they buy a car. When paying for their purchase, the cashier asks you to complete the change of ownership section of the document there and then. And then Manheim posts the doc on to DVLA. A bit of a PITA, but here's the rub. They charge £21 plus VAT for this 'service'. Yep, £25 for YOU to fill out the V5 and for them just to pop it into an envelope.

Having said all of that, these little things are just sent to test us and it's still great lucrative fun buying your new pride and joy in the atmosphere of an auction hall.

V8 thanks again, what would be your advice with a car at auction that is a lot of money and has a lot of expensive things that are not covered by warranty and can only really tell once the car is being driven or being thoroughly checked by the manufacturer? Do you have 3 days to take it to a garage and have it really checked out?

Frankly, my advice would be that if you can't afford to take the risk of your purchase turning out to be a pig in a poke, then pop along to a dealer and buy one with a warranty.

That may sound harsh, but it is the only way, I'm afraid.

[V8mate]

Bund said:

V8mate said:

Bund said:

V8 thanks again, what would be your advice with a car at auction that is a lot of money and has a lot of expensive things that are not covered by warranty and can only really tell once the car is being driven or being thoroughly checked by the manufacturer? Do you have 3 days to take it to a garage and have it really checked out?

Frankly, my advice would be that if you can't afford to take the risk of your purchase turning out to be a pig in a poke, then pop along to a dealer and buy one with a warranty.

That may sound harsh, but it is the only way, I'm afraid.

Its funny you say that as i was just about to add to my post saying that i would have thought the advice is do not buy that kind of car at auction!

And, no, there is no time to review your purchase. You win the bidding; the car's yours!

[V8mate]

bromers2 said:

There were a couple of older M classes that went through - do you know how much they went for, think one was an ML350, petrol, in silver.

Do the Manhiem average prices that are quoted on their web site mean anything, the car above was quoted around 7.5k.

I didn't grab prices for the older MLs this time.

If you take a look through some of my earlier reports you'll find some though.

HTH