auction's whats with the buyers fees

[bluebear]

why do you have to pay a extra £280 over the 1700 you have already paid. never been to one before but cant see why you have to incur this charge

Edited by bluebear on Saturday 3rd September 10:30

[confused_buyer]

'cause they can.

It is also a way of offering their regular customers a better deal than ones which buy one car every 3 years. The two majors (BCA & Manheim) have really, really, ramped them up in the last year or so even for trade customers.

[soad]

Just the way it works in auctions - have to take into account all fees to reflect final price.

[bluebear]

so after fees does it really make it worth your while buying there. or just trawling gumtree

[falkster]

bluebear said:

so after fees does it really make it worth your while buying there. or just trawling gumtree

There was a thread up a couple of days ago - personally speaking it's not worth it but there can always be the bargain you're looking for, it just means you might need to be there for days!!

[va1o]

They are quite expensive

Last time I checked these where what BCA generally charged:

Hammer Price	Buyers Fee
£500	£234
£1000	£268
£2000	£292
£3000	£310
£4000	£332
£5000	£360
£6000	£382
£7000	£408
£8000	£450
£9000	£489
£10,000	£534

It does vary from branch to branch. Also need to pay for the V5 logbook and any storage/ transportation fees if you can't take it away on the day.

[Jasandjules]

They charge both the buyer and the seller for the service they provide in bringing them together......Always need to account for fees when bidding.....

[POORCARDEALER]

Because they are there to make a profit!!

Dont forget some contigency money for hidden faults, hopefully you will be lucky but you never know....