Collecting Cars auction results

Collecting Cars auction results

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ettore

4,119 posts

251 months

Wednesday 1st July 2020
quotequote all
TP321 said:
hairyandhappy said:
I agree, IMO this glossy website could be used to put the finest dress on the ugliest pig. Perfect for certain Keighley supercar dealers who can't shift the worst of the worst via their multi storey car lot, track slags (there was one on there the other week) and ex hire cars.

As for imported cars, I would never buy via an online auction site. Mileages and crash damage are too easily hidden.

I'd rather give a dealer an extra £25k+ (which might provide some comeback/warranty) than spend that trying to fix a cheap car that will then be almost impossible to sell on.
Well said. There should be comeback on the sale if the car bought from CC has mileage or damage discrepancies.
No, that’s not how auctions work, never have.

I don’t see any issue or anything whiffy about this site - it’s an online auction platform, there are plenty about.

Why do people bid at auction? Either to get something they can’t get elsewhere or, mainly, to bag a bargain

ferdi p

1,519 posts

171 months

Wednesday 1st July 2020
quotequote all
ettore said:
TP321 said:
hairyandhappy said:
I agree, IMO this glossy website could be used to put the finest dress on the ugliest pig. Perfect for certain Keighley supercar dealers who can't shift the worst of the worst via their multi storey car lot, track slags (there was one on there the other week) and ex hire cars.

As for imported cars, I would never buy via an online auction site. Mileages and crash damage are too easily hidden.

I'd rather give a dealer an extra £25k+ (which might provide some comeback/warranty) than spend that trying to fix a cheap car that will then be almost impossible to sell on.
Well said. There should be comeback on the sale if the car bought from CC has mileage or damage discrepancies.
No, that’s not how auctions work, never have.

I don’t see any issue or anything whiffy about this site - it’s an online auction platform, there are plenty about.

Why do people bid at auction? Either to get something they can’t get elsewhere or, mainly, to bag a bargain
I agree, if you're unsure, do your homework before bidding!

I like the site but they must make sure it doesn't go down just as the auction ends, it makes them look silly & people will question their transparency.

p1stonhead

25,489 posts

166 months

Wednesday 1st July 2020
quotequote all
Wasn’t this vantage on previously?

Didn’t meet its previous reserve maybe?

https://twitter.com/collectingcars_/status/1278392...

Wills2

22,666 posts

174 months

Wednesday 1st July 2020
quotequote all
ferdi p said:
p1stonhead said:
Wills2 said:
£105k?!

Impossible surely.
111k including fees for a questionable LHD Import.

What's impossible!?
It quotes the 105k as the selling price rather than the winning bid, i believe that indicates the price includes fees.



cayman-black

12,624 posts

215 months

Thursday 2nd July 2020
quotequote all
p1stonhead said:
Wasn’t this vantage on previously?

Didn’t meet its previous reserve maybe?

https://twitter.com/collectingcars_/status/1278392...
Yes, it was on auction a couple of weeks ago.

rosino

1,346 posts

171 months

Thursday 2nd July 2020
quotequote all
To be honest don't understand the hate for the website. They had perfect timing, with people with too much free time and disposable income and a need to dream about something who got trigger happy buying cars on the internet. Not sure what's wrong with it, people are buying said cars and achieving bargains.. Sellers that maybe could not get a bid anywhere or would be charged crazy fees for SoR (or being outright refused as dealers were "shut") are selling their cars.

What's not to like?

Of course it's a little strange that some of these cars are getting bought completely unseen. I would not buy a 720s or an F12 without having had it inspected by somebody. But maybe some people are braver than me and would bet the discount they achieve is enough to cushion them from any nasty surprises (often not the case with these kind of cars.. but hey..).

So all-in I think it's actually a good thing for the enthusiast as it shows real clearing prices and not the lalaland asking ones you see from dealers or "specialists". Then it's on the buyer to do some proper DD.

I enquired about a Scuderia which is for sale on the website. Despite being a Swiss car it has 2 services in like 6years and 20k KM.. to me that's odd.. but then again has perfect history the last 6years.. so would that balance out ? Again, if you bid on it you would do further DD and make up your mind about a right price to pay. I just suspect some cars benefit from bidding wars, others from complete lack of interest (FF which sold at crazy low price for a good spec comes to mind, or the 720s.. which was probably the biggest bargain of the cars that got sold).

p1stonhead

25,489 posts

166 months

Thursday 2nd July 2020
quotequote all
rosino said:
To be honest don't understand the hate for the website. They had perfect timing, with people with too much free time and disposable income and a need to dream about something who got trigger happy buying cars on the internet. Not sure what's wrong with it, people are buying said cars and achieving bargains.. Sellers that maybe could not get a bid anywhere or would be charged crazy fees for SoR (or being outright refused as dealers were "shut") are selling their cars.

What's not to like?

Of course it's a little strange that some of these cars are getting bought completely unseen. I would not buy a 720s or an F12 without having had it inspected by somebody. But maybe some people are braver than me and would bet the discount they achieve is enough to cushion them from any nasty surprises (often not the case with these kind of cars.. but hey..).

So all-in I think it's actually a good thing for the enthusiast as it shows real clearing prices and not the lalaland asking ones you see from dealers or "specialists". Then it's on the buyer to do some proper DD.

I enquired about a Scuderia which is for sale on the website. Despite being a Swiss car it has 2 services in like 6years and 20k KM.. to me that's odd.. but then again has perfect history the last 6years.. so would that balance out ? Again, if you bid on it you would do further DD and make up your mind about a right price to pay. I just suspect some cars benefit from bidding wars, others from complete lack of interest (FF which sold at crazy low price for a good spec comes to mind, or the 720s.. which was probably the biggest bargain of the cars that got sold).
I don’t have anything against it but it’s just eBay with massive fees isn’t it?

will_

6,027 posts

202 months

Thursday 2nd July 2020
quotequote all
rosino said:
So all-in I think it's actually a good thing for the enthusiast as it shows real clearing prices and not the lalaland asking ones you see from dealers or "specialists". Then it's on the buyer to do some proper DD.
This is true, but only to a limited extend. The "sold" cars don't stay on the site for long, and nor does it record the "highest bid" achieved for cars which don't meet reserve.

Bo_apex

2,506 posts

217 months

Thursday 2nd July 2020
quotequote all
rosino said:
To be honest don't understand the hate for the website. They had perfect timing, with people with too much free time and disposable income and a need to dream about something who got trigger happy buying cars on the internet. Not sure what's wrong with it, people are buying said cars and achieving bargains.. Sellers that maybe could not get a bid anywhere or would be charged crazy fees for SoR (or being outright refused as dealers were "shut") are selling their cars.

What's not to like?

Of course it's a little strange that some of these cars are getting bought completely unseen. I would not buy a 720s or an F12 without having had it inspected by somebody. But maybe some people are braver than me and would bet the discount they achieve is enough to cushion them from any nasty surprises (often not the case with these kind of cars.. but hey..).

So all-in I think it's actually a good thing for the enthusiast as it shows real clearing prices and not the lalaland asking ones you see from dealers or "specialists". Then it's on the buyer to do some proper DD.

I enquired about a Scuderia which is for sale on the website. Despite being a Swiss car it has 2 services in like 6years and 20k KM.. to me that's odd.. but then again has perfect history the last 6years.. so would that balance out ? Again, if you bid on it you would do further DD and make up your mind about a right price to pay. I just suspect some cars benefit from bidding wars, others from complete lack of interest (FF which sold at crazy low price for a good spec comes to mind, or the 720s.. which was probably the biggest bargain of the cars that got sold).
I suspect some of the criticisms are from existing car dealers

ettore

4,119 posts

251 months

Thursday 2nd July 2020
quotequote all
anonymous said:
[redacted]
It’s not semantics, the posh boys charge both!

...and it’s not eBay - cars are assessed, photographed and described separately. Admittedly they can’t be held to account specifically but if they develop a reputation for shonky descriptions and untruths (and I don’t think that’s the case) it will die off.

I suspect these things are about timing and then good editorship. Timing seems right and I enjoy the mix of cars so working for me. eBay far too tedious and full of crap, so I never bother.

Pommy

14,229 posts

215 months

Thursday 2nd July 2020
quotequote all
anonymous said:
[redacted]
Out of interest, why bit on CC?

There's no viewing, no protection and you basically buying on trust. Perhaps I'm missing something.

OldAndTired

370 posts

44 months

Thursday 2nd July 2020
quotequote all
Terrible first post but couldn’t stop myself responding to the negative nellies!

First off it’s a business model that you don’t have to participate in. And if you think you can do better then it’s a free market so go ahead - no one is stopping you.

Secondly auctions operate under buyer beware. If you want the protection that is offered by a main dealer then stop blathering about CC should do this or CC should do that and buy a car from a main dealer.

Thirdly there is no doubt a percentage of these cars that are put up for sale will be in dubious condition, with dubious history - some humans are unethical. It’s life.

The trade who bid on this site understand this. They accept the “percentages”. They know they will get hurt once in a while, and end up with a dog, but if they are more skilful than others their edge will make them profitable over time.

An individual buying just one car has to accept that Variance in risk and understand they might draw the short straw. If they stick to cars still under warranty or know the history then they can reduce their risk.

But these posters who demand CC should do this or that for instance in the case of the F12 should switch off and go trot down to their local main dealer. They need to realise that many people have a greater risk appetite than them and that the world doesn’t exist to suit their individual preference.

First post over. I feel better.


Pommy

14,229 posts

215 months

Thursday 2nd July 2020
quotequote all
OldAndTired said:
Terrible first post but couldn’t stop myself responding to the negative nellies!

First off it’s a business model that you don’t have to participate in. And if you think you can do better then it’s a free market so go ahead - no one is stopping you.

Secondly auctions operate under buyer beware. If you want the protection that is offered by a main dealer then stop blathering about CC should do this or CC should do that and buy a car from a main dealer.

Thirdly there is no doubt a percentage of these cars that are put up for sale will be in dubious condition, with dubious history - some humans are unethical. It’s life.

The trade who bid on this site understand this. They accept the “percentages”. They know they will get hurt once in a while, and end up with a dog, but if they are more skilful than others their edge will make them profitable over time.

An individual buying just one car has to accept that Variance in risk and understand they might draw the short straw. If they stick to cars still under warranty or know the history then they can reduce their risk.

But these posters who demand CC should do this or that for instance in the case of the F12 should switch off and go trot down to their local main dealer. They need to realise that many people have a greater risk appetite than them and that the world doesn’t exist to suit their individual preference.

First post over. I feel better.
Hey Chris, or is it Edward?..

hehe

OldAndTired

370 posts

44 months

Thursday 2nd July 2020
quotequote all
I wish I had been as smart as them! I expect this site to grow exponentially.

p1stonhead

25,489 posts

166 months

Thursday 2nd July 2020
quotequote all
Pommy said:
OldAndTired said:
Terrible first post but couldn’t stop myself responding to the negative nellies!

First off it’s a business model that you don’t have to participate in. And if you think you can do better then it’s a free market so go ahead - no one is stopping you.

Secondly auctions operate under buyer beware. If you want the protection that is offered by a main dealer then stop blathering about CC should do this or CC should do that and buy a car from a main dealer.

Thirdly there is no doubt a percentage of these cars that are put up for sale will be in dubious condition, with dubious history - some humans are unethical. It’s life.

The trade who bid on this site understand this. They accept the “percentages”. They know they will get hurt once in a while, and end up with a dog, but if they are more skilful than others their edge will make them profitable over time.

An individual buying just one car has to accept that Variance in risk and understand they might draw the short straw. If they stick to cars still under warranty or know the history then they can reduce their risk.

But these posters who demand CC should do this or that for instance in the case of the F12 should switch off and go trot down to their local main dealer. They need to realise that many people have a greater risk appetite than them and that the world doesn’t exist to suit their individual preference.

First post over. I feel better.
Hey Chris, or is it Edward?..

hehe
Has to be someone involved. Way too blatant! laugh

OldAndTired

370 posts

44 months

Thursday 2nd July 2020
quotequote all
Nope. Honest. I have zero affiliation and have never met either of them. I do think Harris deserves his slot on Top Gear though - just a shame he has to put up with the other two and is rarely allowed to express himself in a manner than shows off his professionalism. So yes a fan of Harris but never met either of them.


MDL111

6,891 posts

176 months

Thursday 2nd July 2020
quotequote all
rosino said:
To be honest don't understand the hate for the website. They had perfect timing, with people with too much free time and disposable income and a need to dream about something who got trigger happy buying cars on the internet. Not sure what's wrong with it, people are buying said cars and achieving bargains.. Sellers that maybe could not get a bid anywhere or would be charged crazy fees for SoR (or being outright refused as dealers were "shut") are selling their cars.

What's not to like?

Of course it's a little strange that some of these cars are getting bought completely unseen. I would not buy a 720s or an F12 without having had it inspected by somebody. But maybe some people are braver than me and would bet the discount they achieve is enough to cushion them from any nasty surprises (often not the case with these kind of cars.. but hey..).

So all-in I think it's actually a good thing for the enthusiast as it shows real clearing prices and not the lalaland asking ones you see from dealers or "specialists". Then it's on the buyer to do some proper DD.

I enquired about a Scuderia which is for sale on the website. Despite being a Swiss car it has 2 services in like 6years and 20k KM.. to me that's odd.. but then again has perfect history the last 6years.. so would that balance out ? Again, if you bid on it you would do further DD and make up your mind about a right price to pay. I just suspect some cars benefit from bidding wars, others from complete lack of interest (FF which sold at crazy low price for a good spec comes to mind, or the 720s.. which was probably the biggest bargain of the cars that got sold).
Agree, I buy all my cars unseen and without inspection - so for me it is a great platform to get tempted by cars I did not know about, models had forgotten about etc - great way to spend some time (and money if I ever actually win). Bit of a hassle though that all the cars are in the UK - need to factor in getting them to the continent

MDL111

6,891 posts

176 months

Thursday 2nd July 2020
quotequote all
OldAndTired said:
Terrible first post but couldn’t stop myself responding to the negative nellies!

First off it’s a business model that you don’t have to participate in. And if you think you can do better then it’s a free market so go ahead - no one is stopping you.

Secondly auctions operate under buyer beware. If you want the protection that is offered by a main dealer then stop blathering about CC should do this or CC should do that and buy a car from a main dealer.

Thirdly there is no doubt a percentage of these cars that are put up for sale will be in dubious condition, with dubious history - some humans are unethical. It’s life.

The trade who bid on this site understand this. They accept the “percentages”. They know they will get hurt once in a while, and end up with a dog, but if they are more skilful than others their edge will make them profitable over time.

An individual buying just one car has to accept that Variance in risk and understand they might draw the short straw. If they stick to cars still under warranty or know the history then they can reduce their risk.

But these posters who demand CC should do this or that for instance in the case of the F12 should switch off and go trot down to their local main dealer. They need to realise that many people have a greater risk appetite than them and that the world doesn’t exist to suit their individual preference.

First post over. I feel better.
Good effort that for a first post smile

cayman-black

12,624 posts

215 months

Thursday 2nd July 2020
quotequote all
Old , great first post but this is PH,s and we all like to have a good moan, ok?

OldAndTired

370 posts

44 months

Thursday 2nd July 2020
quotequote all
Understood. Although if you read the first sentence in my first post I managed to moan about my own content - calling it terrible. Then I went on to moan about the moaners of CC. I think it qualifies as a fairly stand PH post.
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