DVLA Reg Auctions
Discussion
Have bid in person (lost) and over the phone (won). Both easy to do. Being there is exciting but a bit nerve wracking, especially when you see who you are bidding against. (usually regtransfers). Downsides are the travel and waiting around for a minute of action.
Telephone bidding was easy, registered in advance, they called me at a set time. This was the worst bit, I was constantly thinking they would forget to call. Anyway, once on the phone they ask if you want to set a limit and they just bid when appropriate (I did this) or they can bid just when you say. Easy peasey and exciting, especially when you win!!
I'd worry about doing internet bidding, virgin internet has too many go slow days.
Telephone bidding was easy, registered in advance, they called me at a set time. This was the worst bit, I was constantly thinking they would forget to call. Anyway, once on the phone they ask if you want to set a limit and they just bid when appropriate (I did this) or they can bid just when you say. Easy peasey and exciting, especially when you win!!
I'd worry about doing internet bidding, virgin internet has too many go slow days.
aruck said:
VAT + Buyer's Premium (8%) + VAT + Assignment Fee (£80)
+ 3% If you use credit card.
Wow. Just wow!!+ 3% If you use credit card.
My plate is hopefully (!!) going to be £400 so I guess it would be:
Plate: £400
VAT: £80
Buyers Premium: £32
VAT: £6.40
Assignment Fee: £80
Total: £598.40
A fair bit more than the initial price
I've bid on a few and won one a few weeks back (via online bidding),was very pleased with it too,
basically register with dvla auctions, then you can see the next auction lot, in the booklet/pdf file there is a page which shows you a list of potential hammer prices and the exact price this works out too (after fees) so this will give you a rough idea of budget,
my advice is to find 2-3 plates you like on different dates that you would be happy with (auction usually stretches over 3 days), for the first one you can set a max bid (say 500 pounds) and see what happens, you can call them a few min after the lot has gone through to see if you won, if not then try your luck with the second one, its still an auction after all and bargains can be had in-spite of the heavy fees payable
basically register with dvla auctions, then you can see the next auction lot, in the booklet/pdf file there is a page which shows you a list of potential hammer prices and the exact price this works out too (after fees) so this will give you a rough idea of budget,
my advice is to find 2-3 plates you like on different dates that you would be happy with (auction usually stretches over 3 days), for the first one you can set a max bid (say 500 pounds) and see what happens, you can call them a few min after the lot has gone through to see if you won, if not then try your luck with the second one, its still an auction after all and bargains can be had in-spite of the heavy fees payable
Also - if you are registered with the auction/dvla, then when the auction ends, they email you a list of all the plates that never met the reserve price and offer you them at reserve price. I had this a few years ago and looked at the list of reserve prices and bought V16OUR - which looked very much like 'VIGOUR'. Got it for a bargain. Sold it last year!
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