Manheim Auctions

[cj2013]

Hi guys

I've the need for a shed and thought I'd visit an auction - one of the local ones being a Manheim.

Said shed would be < £1000 really (qualifying Shed criteria)

Using auctions in the past, the buyers premium is normally about £50 or so.

The Manheim site has some info on the premium but says...

" Buyer’s Premium — the fee payable depends on the value of the vehicle. Example rates for cars are shown below:

Vehicle Hammer Price Discounted Private Buyer’s Premium Standard Private Buyer’s Premium
£1,000 - £1,499 ........................£268.00........................£316.00
£2,000 - £2,499 ........................£316.00........................£364.00
£3,000 - £3,499 ........................£348.00........................£396.00
£5,000 - £5,499 ........................£387.00........................£435.00
£10,000 - £10,499 ......................£472.00........................£520.00

"

http://www.manheimremarketing.co.uk/buying/cost_of...


Excuse me whilst I st the bed a moment, but am I reading it correctly? 30% of the sale price is a fee (for £1000 car)?

Does anyone know what happens with Sheds, as surely the BP would "write off" any car's potential auction value??

[Eski1991]

Stick to eBay, I contemplated something similar to you a few months ago whilst looking for an economical stter, the fees at some of the auctions were extortionate, plus you can browse eBay in your underwear, which is always nice.

[talksthetorque]

You can go to the Auction in your underwear if you want.
Nobody's going to point at you cos they might just buy a car by accident
Ebay, Gumtree etc at this end of the market.

[cj2013]

Been looking everywhere, just had a look at their stock and they had some clean looking old p/x cars (that normally you'd expect to go under the hammer at £200 or so).

Makes me wonder why they'd bother sending them through?

[mocca]

Neither Bca or Manheim are worth it for private punters, unless (in the case of Bca) you know someone with gold or higher membership...

[cj2013]

That's a bit crap

I'll have to find somewhere else to make an inevitably poor car decision then

Edited by cj2013 on Sunday 22 December 20:34

[Harrytsg]

mocca said:

Neither Bca or Manheim are worth it for private punters, unless (in the case of Bca) you know someone with gold or higher membership...

What's the benefit of that membership?

[clubsport78]

As has already been said, for private buys, BCA doesn't make a great deal of sense and at the lower end of the price range, you'd be better off with ebay/gumtree.

I believe that the Gold card buyers fees are in the region of half or less than what a private punter would pay...

From their website:

MyBCA Gold Card Benefits

(12-99 vehicles per annum)

Business buyers fee
Complimentary access to BCA website
Access to Live Online, Bid Now & Buy Now and e-Auction
Online payment systems
Free commission bids
Pick up and drop off for buyers
Annual card administration fee waived
Free catalogues
Exclusive offers on delivery

[POORCARDEALER]

high prices because they are selling the cars for nothing for the vendors, and picking them up too