Collecting Cars auction results

[TP321]

What do we think of the Aventador Roadster? Doesn’t seem to be going for strong money

[FezSpider]

Were did the silver 355 spider go?
Its disappeared and ended a couple of hours ago.

[tomtom]

It's on a buy it now thing for £57k (!) now.

https://collectingcars.com/for-sale/1998-ferrari-f...

Nice car, when it was sitting at 33k this morning it was tempting despite the lack of history. Do we know where it ended up? My guess was mid 40s.

[paul0843]

Did anybody see where the 190 SL got to ?
Last time I saw ,it was on about £75k.
Many thanks .
Paul

[spikeyhead]

paul0843 said:

Did anybody see where the 190 SL got to ?
Last time I saw ,it was on about £75k.
Many thanks .
Paul

From memory, £100,500

[FezSpider]

tomtom said:

It's on a buy it now thing for £57k (!) now.

https://collectingcars.com/for-sale/1998-ferrari-f...

Nice car, when it was sitting at 33k this morning it was tempting despite the lack of history. Do we know where it ended up? My guess was mid 40s.

Thank you

[Petrus1983]

Cheib said:

cayman-black said:

Cheib said:

Does anyone know what the V12 Vantage S was bid to ?

https://collectingcars.com/for-sale/2018-aston-mar...

Last i looked it had reached £128k i,m surprised it didn't sell. What did you think Cheib ? its a gorgeous car and the ownwer has been trying to sell for well over a year.

For £128k as a private seller I think that’s strong money. Amazed it didn’t sell....and amazed CC listed it with a reserve set that high.

It’s back -

https://www.pistonheads.com/buy/listing/10682262

[LaurasOtherHalf]

So Collecting Cars after a very brief spell has reduced to the usual dirty tricks of all auction houses.

The website had a perfect window to start something new, a disruptive in the industry.

There’s no clarity, cars get pulled with no explanation, bidding prices get hidden and even get removed altogether.

Worse still has been a couple of cars that I’ve been looking at, once I dug a little deeper had serious flaws that weren’t explained in the flowery prose and they were “bid” to way over market value.

A nice website to view but I’ll let some other suckers do the spending I think.

[ettore]

spikeyhead said:

paul0843 said:

Did anybody see where the 190 SL got to ?
Last time I saw ,it was on about £75k.
Many thanks .
Paul

From memory, £100,500

These are ridiculously overpriced. They’re very dull indeed and pretty dismal to drive. The fact the value is a multiple of a decent Guilietta/Healey/TR is a crime!

[Kananga]

LaurasOtherHalf said:

So Collecting Cars after a very brief spell has reduced to the usual dirty tricks of all auction houses.

The website had a perfect window to start something new, a disruptive in the industry.

There’s no clarity, cars get pulled with no explanation, bidding prices get hidden and even get removed altogether.

Worse still has been a couple of cars that I’ve been looking at, once I dug a little deeper had serious flaws that weren’t explained in the flowery prose and they were “bid” to way over market value.

A nice website to view but I’ll let some other suckers do the spending I think.

Very interesting - I didn’t know this. Been thinking about selling my 360CS and having the debate about dealer/SoR [and I’m not keen on SoR, given all the horror stories] or Collecting Cars. Hadn’t realised all the things that you mentioned above.

[SFTWend]

LaurasOtherHalf said:

So Collecting Cars after a very brief spell has reduced to the usual dirty tricks of all auction houses.

The website had a perfect window to start something new, a disruptive in the industry.

There’s no clarity, cars get pulled with no explanation, bidding prices get hidden and even get removed altogether.

Worse still has been a couple of cars that I’ve been looking at, once I dug a little deeper had serious flaws that weren’t explained in the flowery prose and they were “bid” to way over market value.

A nice website to view but I’ll let some other suckers do the spending I think.

It's an auction so I guess the risks are the same as buying from any other established auction house. I don't think the buying public have grasped that yet given the CC bidding levels compared to the auction houses. With the latter they retain a visible record online of unsold lots but not the highest bid.

That well known general purpose online auction platform both records unsold items and their bid history for a period of time. Also, you don't have to pay anything until you have inspected your purchase.

[will_]

Kananga said:

LaurasOtherHalf said:

So Collecting Cars after a very brief spell has reduced to the usual dirty tricks of all auction houses.

The website had a perfect window to start something new, a disruptive in the industry.

There’s no clarity, cars get pulled with no explanation, bidding prices get hidden and even get removed altogether.

Worse still has been a couple of cars that I’ve been looking at, once I dug a little deeper had serious flaws that weren’t explained in the flowery prose and they were “bid” to way over market value.

A nice website to view but I’ll let some other suckers do the spending I think.

Very interesting - I didn’t know this. Been thinking about selling my 360CS and having the debate about dealer/SoR [and I’m not keen on SoR, given all the horror stories] or Collecting Cars. Hadn’t realised all the things that you mentioned above.

Do any of those things really matter to vendors though? -All that should concern you is getting a fair price and mitigating your risk of losing car and/or cash.

[will_]

LaurasOtherHalf said:

So Collecting Cars after a very brief spell has reduced to the usual dirty tricks of all auction houses.

The website had a perfect window to start something new, a disruptive in the industry.

There’s no clarity, cars get pulled with no explanation, bidding prices get hidden and even get removed altogether.

Worse still has been a couple of cars that I’ve been looking at, once I dug a little deeper had serious flaws that weren’t explained in the flowery prose and they were “bid” to way over market value.

A nice website to view but I’ll let some other suckers do the spending I think.

Ultimately the site wants/needs to get cars on-board and sold at decent prices to encourage other vendors.

Whilst I agree it would be useful to have unsold cars listed somewhere with the high bids, that's not attractive to vendors or prospective vendors so why would the website do that? To fulfill the interest of some non-buying spectators?

There have always been - and will always be - cars for sale with concealed issues/history. As a buyer you can only do so much to mitigate against that; as a sales platform, unless you are suggesting that CC knew of these issues and hid them - you have to rely on the vendor.

[ettore]

I’ve said this on the thread before but it’s practices are completely industry standard when it comes to unsuccessful sales - none of the established houses publish unsuccessful sales for a variety of perfectly sensible reasons - some things simply don’t sell on the day because the right buyers aren’t there or the reserve is too high.

I haven’t actually seen any lots being pulled during an auction (although not saying they haven’t, I just haven’t noticed). I have seen some pulled before the auction has started but, again, can’t see an issue there.

Seems to me that many of the criticisms here are actually about auctions generally rather than this site specifically. As ever, caveat emptor. People buy from auctions either to get something unavailable elsewhere or to get a bargain!

[LaurasOtherHalf]

will_ said:

LaurasOtherHalf said:

So Collecting Cars after a very brief spell has reduced to the usual dirty tricks of all auction houses.

The website had a perfect window to start something new, a disruptive in the industry.

There’s no clarity, cars get pulled with no explanation, bidding prices get hidden and even get removed altogether.

Worse still has been a couple of cars that I’ve been looking at, once I dug a little deeper had serious flaws that weren’t explained in the flowery prose and they were “bid” to way over market value.

A nice website to view but I’ll let some other suckers do the spending I think.

Ultimately the site wants/needs to get cars on-board and sold at decent prices to encourage other vendors.

Whilst I agree it would be useful to have unsold cars listed somewhere with the high bids, that's not attractive to vendors or prospective vendors so why would the website do that? To fulfill the interest of some non-buying spectators?

There have always been - and will always be - cars for sale with concealed issues/history. As a buyer you can only do so much to mitigate against that; as a sales platform, unless you are suggesting that CC knew of these issues and hid them - you have to rely on the vendor.

Sotheby’s seem to think it’s an ok idea...

Vroom2 said:

RM Sothebys auction results incl. noteable Ferraris and desirable Porsches seem 20-30% below low estimate https://rmsothebys.com/en/home/lots/0420#

[will_]

LaurasOtherHalf said:

will_ said:

LaurasOtherHalf said:

So Collecting Cars after a very brief spell has reduced to the usual dirty tricks of all auction houses.

The website had a perfect window to start something new, a disruptive in the industry.

There’s no clarity, cars get pulled with no explanation, bidding prices get hidden and even get removed altogether.

Worse still has been a couple of cars that I’ve been looking at, once I dug a little deeper had serious flaws that weren’t explained in the flowery prose and they were “bid” to way over market value.

A nice website to view but I’ll let some other suckers do the spending I think.

Ultimately the site wants/needs to get cars on-board and sold at decent prices to encourage other vendors.

Whilst I agree it would be useful to have unsold cars listed somewhere with the high bids, that's not attractive to vendors or prospective vendors so why would the website do that? To fulfill the interest of some non-buying spectators?

There have always been - and will always be - cars for sale with concealed issues/history. As a buyer you can only do so much to mitigate against that; as a sales platform, unless you are suggesting that CC knew of these issues and hid them - you have to rely on the vendor.

Sotheby’s seem to think it’s an ok idea...

Vroom2 said:

RM Sothebys auction results incl. noteable Ferraris and desirable Porsches seem 20-30% below low estimate https://rmsothebys.com/en/home/lots/0420#

Yes, I saw that, but I don't recall seeing "high bids" recorded before - I wonder how long they will continue to be listed. I can see the merits of doing so for cars which are still for sale - perhaps to encourage interested parties to make an offer - but can't see why an auction house would want to show that it's estimate/reserve may have been way off.

[Lowlands]

There is reasonable transparency of the auction results.

If you register on the site you can then add any cars you’re interested in to your watchlist. You can then check your watchlist for the auction result of those cars. It doesn’t make it immediately obvious if the car has sold or not but you can easily cross reference with the sold page of the website.

If a car doesn’t sell but then moves to the ‘buy now’ section then your watchlist will not show the highest auction bid. Just the buy now price.

[ettore]

will_ said:

Yes, I saw that, but I don't recall seeing "high bids" recorded before - I wonder how long they will continue to be listed. I can see the merits of doing so for cars which are still for sale - perhaps to encourage interested parties to make an offer - but can't see why an auction house would want to show that it's estimate/reserve may have been way off.

This is RM’s online platform so the only stuff still up is technically still for sale. They do t do this with physical auctions and, no doubt, the top buds on the unsold lots will disappear

[sparta6]

The Anniversary Countach didn't sell.
Looked good value to me

[Ferruccio]

ettore said:

spikeyhead said:

paul0843 said:

Did anybody see where the 190 SL got to ?
Last time I saw ,it was on about £75k.
Many thanks .
Paul

From memory, £100,500

These are ridiculously overpriced. They’re very dull indeed and pretty dismal to drive. The fact the value is a multiple of a decent Guilietta/Healey/TR is a crime!

That’s your view.
The high bidder and the underbidder obviously have a different view.