Bangers and Cash - Yesterday channel

[Lily the Pink]

tardelli said:

The Mad Monk said:

tardelli said:

It just demonstrate he is passionate about what he's doing and I think it shows with the amount of business that pass's through their two showroom's .

Why is it that you can never find a spelling policeman when you want one?

The grammar police have perhaps realised that it's really not that important futile. :-)

FTFY

[RATATTAK]

Lily the Pink said:

tardelli said:

The Mad Monk said:

tardelli said:

It just demonstrate he is passionate about what he's doing and I think it shows with the amount of business that pass's through their two showroom's .

Why is it that you can never find a spelling policeman when you want one?

The grammar police have perhaps realised that it's really not that important futile. :-)

FTFY

I've got a feeling that it made it to the relevant thread last Sunday

[RoverP6B]

As always, Derek himself is the weak point of the show. He knows fk all about most of the cars and cares even less. "Renault Sport Spider, never even heard of it before, I know nothing about this car". Talk about underselling. Spend one goddamn minute on Wikipedia, you lazy arse. That 1926 Dodge should have made far more too. A true "museum quality" restoration. One of the younger lads made some inane comment about it not being terribly practical, thereby completely missing the point.

At least his daughter-in-law comes across as enthusiastic, intelligent and basically competent, if not hugely knowledgeable...

Nonetheless, if I had anything halfway interesting that I was looking to shift and get any meaningful return on, I would not send it to Mathewsons. The boss is an incompetent embarrassment to the car trade. As for his use of "volunteers", if by that he means part-time employees who have been drafted in to assist, that’s one thing, but resorting to unpaid labour in a profitable business is not on.

[Chrishum]

RoverP6B said:

As always, Derek himself is the weak point of the show. He knows fk all about most of the cars and cares even less. "Renault Sport Spider, never even heard of it before, I know nothing about this car". Talk about underselling. Spend one goddamn minute on Wikipedia, you lazy arse. That 1926 Dodge should have made far more too. A true "museum quality" restoration. One of the younger lads made some inane comment about it not being terribly practical, thereby completely missing the point.

At least his daughter-in-law comes across as enthusiastic, intelligent and basically competent, if not hugely knowledgeable...

Nonetheless, if I had anything halfway interesting that I was looking to shift and get any meaningful return on, I would not send it to Mathewsons. The boss is an incompetent embarrassment to the car trade. As for his use of "volunteers", if by that he means part-time employees who have been drafted in to assist, that’s one thing, but resorting to unpaid labour in a profitable business is not on.

He’s honest. He doesn’t blag. Would you rather be patronised by some clueless twonk who can regurgitate the internet to inform you?

I’d rather trust someone who has built a successful business without resorting to slimy salesmen, needing to market everything with a million photos and the ridiculous overheads.

As for a young person expressing a view on a 1926 bus? Lighten up it’s only TV.

[Red9zero]

Chrishum said:

He’s honest. He doesn’t blag. Would you rather be patronised by some clueless twonk who can regurgitate the internet to inform you?

I’d rather trust someone who has built a successful business without resorting to slimy salesmen, needing to market everything with a million photos and the ridiculous overheads.

As for a young person expressing a view on a 1926 bus? Lighten up it’s only TV.

Agreed. Derek does seem to be what you see is what you get kind of chap. I know he's not a native, but it is typical Yorkshire behaviour
I'd much rather that than the hyped up Brewer type behaviour, spouting his "knowledge".

[Doofus]

The Dodge may have been a 'museum quality restoraton', but it was originally a hearse. Converting one thing into another always affects value. See, for example, converted Ferrari Daytona spiders.

[GJL]

RoverP6B said:

As always, Derek himself is the weak point of the show. He knows fk all about most of the cars and cares even less. "Renault Sport Spider, never even heard of it before, I know nothing about this car". Talk about underselling. Spend one goddamn minute on Wikipedia, you lazy arse. That 1926 Dodge should have made far more too. A true "museum quality" restoration. One of the younger lads made some inane comment about it not being terribly practical, thereby completely missing the point.

At least his daughter-in-law comes across as enthusiastic, intelligent and basically competent, if not hugely knowledgeable...

Nonetheless, if I had anything halfway interesting that I was looking to shift and get any meaningful return on, I would not send it to Mathewsons. The boss is an incompetent embarrassment to the car trade. As for his use of "volunteers", if by that he means part-time employees who have been drafted in to assist, that’s one thing, but resorting to unpaid labour in a profitable business is not on.

I couldn't agree more, I can't believe people are still sending their cars off to be auctioned by this buffoon. He does nothing to encourage bids and I have never seen a worse auctioneer. He like to say things like "not my cup of tea this one, bit of a strange one." Hardly encouraging if you are considering spending your hard earned cash on something and the auctioneer is pretty much telling you it has a limited market and no-one likes them anyway. Also, his auctioneering style (or lack of) is terrible. An auctioneers job is to wring out every last bid to get the vendor the best possible price by giving a few details about the car, then encouraging bidders to get involved and then giving fair warning of the lot passing as the final bidding slows. Fair warning involves saying things like, "OK, it's going then, you won't see another one for a while, any last bids?" Derek likes to take one early bid, then says, "it's going then" and proceeds to take a load more bids, just as the lot is reaching its level he loses interest and gives no time for new bidders to get involved and wants to get to the next lot. He needs to remember that the people willing to pay the highest price are likely to be marque enthusiasts who may have rarely, if ever bought something at auction and need a little time (and I mean seconds) to commit. It seems more important to Mathewsons to have a high number of lots and have therefore limited the time allocated to each lot.
I also see that Derek and all his offspring have the same annoying traits... when collecting a car and a knowledgeable and caring owner is trying to tell them some important history or upgrades, they don't want to listen and talk over them, saying "yep, yeah, yehyehyeh, yeah, yehyeh" which just appears to mean I'm not listening, it's not important and I know everything about everything already.
Seriously, nobody should send a car there. They are only interested in getting through as many lots as possible and not getting the best price for a customer. Honestly, it's meant to be a classic car auction, so don't take in 15 year old transit vans. Imagine watching your pride and joy going through way under the market value just so Derek can get to a modern castrol oil drum in the next lot.
I watch it to see the owners and the new buyers and their stories.
Sorry for grammar or spelling, I'm on a phone with a small screen and keyboard.

[Bemmer]

RoverP6B said:

As always, Derek himself is the weak point of the show. If I had anything halfway interesting that I was looking to shift and get any meaningful return on, I would not send it to Mathewsons. The boss is an incompetent embarrassment to the car trade.

I'm sure Derek would be delighted with the knowledge that he won't be expecting you as a customer then.... I can imagine how he would describe you though....

[Escort3500]

Bemmer said:

RoverP6B said:

As always, Derek himself is the weak point,if I had anything halfway interesting that I was looking to shift and get any meaningful return on, I would not send it to Mathewsons. The boss is an incompetent embarrassment to the car trade.

I'm sure Derek would be delighted with the knowledge that he won't be expecting you as a customer then.... I can imagine how he would describe you though....

Indeed. RoverP6B whinged and pontificated about the programme last year, preferring American rubbish like “Fast & Loud” (actually Fast N’ Loud) and suggesting that Charlie Ross would do a better job as auctioneer than “lacklustre” Derek and achieve 50%+ more per car Despite finding the programme “dismally depressing”, he’s obviously still watching. Why bother?

[GJL]

Escort3500 said:

Indeed. RoverP6B whinged and pontificated about the programme last year, preferring American rubbish like “Fast & Loud” (actually Fast N’ Loud) and suggesting that Charlie Ross would do a better job as auctioneer than “lacklustre” Derek and achieve 50%+ more per car Despite finding the programme “dismally depressing”, he’s obviously still watching. Why bother?

P6b has a point, This is what I was saying in my earlier post, an auctioneer has a job to do and just like every profession, some people are good at their job and others are not. Charlie ross is an excellent auctioneer, he can sell multi million cars at amelia Island or an ashtray worth 4 quid but he will always get the best price. He engages with his audience and displays a passion which then transfers to the saleroom. Just watch watch some of the old episodes of Derek at the rostrum.

[Doofus]

I daresay the laid-back, sardonic Yorkshire approach is one of the things people find enjoyable about this show. His auction style is not uncommon, by any means.

Nobody watches to get an accurate bellweather of the classic car market.

[Red9zero]

Doofus said:

I daresay the laid-back, sardonic Yorkshire approach is one of the things people find enjoyable about this show. His auction style is not uncommon, by any means.

Nobody watches to get an accurate bellweather of the classic car market.

Exactly. It is tv as well, so you are only seeing an edited version.

[waynecyclist]

GJL said:

Escort3500 said:

Indeed. RoverP6B whinged and pontificated about the programme last year, preferring American rubbish like “Fast & Loud” (actually Fast N’ Loud) and suggesting that Charlie Ross would do a better job as auctioneer than “lacklustre” Derek and achieve 50%+ more per car Despite finding the programme “dismally depressing”, he’s obviously still watching. Why bother?

P6b has a point, This is what I was saying in my earlier post, an auctioneer has a job to do and just like every profession, some people are good at their job and others are not. Charlie ross is an excellent auctioneer, he can sell multi million cars at amelia Island or an ashtray worth 4 quid but he will always get the best price. He engages with his audience and displays a passion which then transfers to the saleroom. Just watch watch some of the old episodes of Derek at the rostrum.

Going to say the same, Derek does not come across as a good auctioneer, seems to rush through at times

[Truckosaurus]

GJL said:

... then says, "it's going then" and proceeds to take a load more bids...

Isn't that just him signalling that the car has passed its reserve so is going to sell when the hammer goes down.

I don't think you can criticise them for their focussing on volume as that's their business model - the majority of their stock wouldn't get accepted by a lot of the other fancier auction houses anyway - and at that end of the market people have more of a fixed budget than billionaires buying classic ferraris at Goodwood so I don't think the auctioneer is going to drum up extra bids no matter how good his patter is.

[The Mad Monk]

Doofus said:

I daresay the laid-back, sardonic Yorkshire approach is one of the things people find enjoyable about this show. His auction style is not uncommon, by any means.

Nobody watches to get an accurate bellweather of the classic car market.

It's not Yorkshire, it's Loo-un.

[Doofus]

Truckosaurus said:

I don't think you can criticise them for their focussing on volume as that's their business model - the majority of their stock wouldn't get accepted by a lot of the other fancier auction houses anyway - and at that end of the market people have more of a fixed budget than billionaires buying classic ferraris at Goodwood so I don't think the auctioneer is going to drum up extra bids no matter how good his patter is.

Precisely, I fyou're selling a very rare, very valuable car which only come to the open market rarely, then you have a duty to get the best price, and at least hit the, often speculative, reserve.

If you're dealing in everyman classics, then the market already knows the value, as do the buyers at the auction. Consequently, the auctioneer has less to do and striving to achieve record hammer prices on every lot does little for the market in general or the auctioneer's business in particular.

[GJL]

Truckosaurus said:

Isn't that just him signalling that the car has passed its reserve so is going to sell when the hammer goes down.

I don't think you can criticise them for their focussing on volume as that's their business model - the majority of their stock wouldn't get accepted by a lot of the other fancier auction houses anyway - and at that end of the market people have more of a fixed budget than billionaires buying classic ferraris at Goodwood so I don't think the auctioneer is going to drum up extra bids no matter how good his patter is.

If you can cast your mind back to your first ever auction purchase you will probably have felt like a lot of auction novices, you might worry about how to signal a bid, you fear looking foolish in a room of strangers and you need a short time to process what is going on. A classic car auction can be the one and only time some of these people will bid and the auctioneer should be very aware of this if he wants to get the highest possible price.
As for signalling that the car has reached reserve, a good auctioneer would not do this so early on. If bidding starts at 5 grand and he immediately let's you know the reserve has been met, that tells bidders that the auctioneer or seller feels it's reached it's value, so higher bids will be less likely to come in thick and fast, people want to feel they got a bargain, not paid way above the market value. It is fine to say it's met it's reserve and is being sold today, but that is for when bidding slows down.
Because someone is on telly doesn't make them great or professional.

[aeropilot]

Doofus said:

Truckosaurus said:

I don't think you can criticise them for their focussing on volume as that's their business model - the majority of their stock wouldn't get accepted by a lot of the other fancier auction houses anyway - and at that end of the market people have more of a fixed budget than billionaires buying classic ferraris at Goodwood so I don't think the auctioneer is going to drum up extra bids no matter how good his patter is.

Precisely, I fyou're selling a very rare, very valuable car which only come to the open market rarely, then you have a duty to get the best price, and at least hit the, often speculative, reserve.

If you're dealing in everyman classics, then the market already knows the value, as do the buyers at the auction. Consequently, the auctioneer has less to do and striving to achieve record hammer prices on every lot does little for the market in general or the auctioneer's business in particular.

Exactly.
Its not Amelia Island or Barrett-Jackson FFS.

[GJL]

No, it's not Amelia Island, but an auctioneers job is to get the highest price possible.
You might be happy to use an electrician that can do 2 house rewires a day or a surgeon that can do 14 hip replacements a day but I would want a measured and professional job doing. It is up to the vendor, but I would seek an auction house with less focus on number of lots. It doesn't matter if they are everyman classics, it matters that the best price is achieved.
Mathewsons are cashing in on free advertising and are taking in too many lots. Check previous catalogue entry numbers.

[droopsnoot]

I've never been to a Matthewsons actual auction. I have thought that some of the selling seems to go through quite quickly, but how much time is edited out for the sake of getting it to flow properly for TV? I have been to a couple of H&H ones, and they seem to give a decent enough time to generate bids, but I could also see that this is perhaps the bit that wouldn't play well on TV unless edited, with the possible exception of something really special.