Collecting Cars auction results

Collecting Cars auction results

TOPIC CLOSED
TOPIC CLOSED
Author
Discussion

cayman-black

12,648 posts

217 months

Thursday 23rd July 2020
quotequote all
will_ said:
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.
I would have thought this too, as a seller it seems ok car stays with you and you can put a minimum price .

ettore

4,133 posts

253 months

Thursday 23rd July 2020
quotequote all
Ferruccio said:
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.
I know! Suspect they’ll change their mind when they own one of the horror’s!

Cheib

23,269 posts

176 months

Thursday 23rd July 2020
quotequote all
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#
Bribing A Triler do it. Ultimately CC should be about acting in the best interests of all concerned and provide total transparency...that’s why BaT now sells 7 figure cars because people see them as impartial. Whilst CC continue to have a slant towards seller people will not always believe in what they see on the website is 100% legit.

Show total impartiality in everything you do and people will believe you. Fail to do so and they will always have a doubt.

RT964

286 posts

79 months

Thursday 23rd July 2020
quotequote all
An interview with Ed Lovett about Collecting Cars ...

https://www.youtube.com/watch?v=7qNRpGYor80

MDL111

6,958 posts

178 months

Thursday 23rd July 2020
quotequote all
While the descriptions sounds good, I am not sure how much effort goes into them. I can’t remember which one it was, but recently read one that imo had a left over sentence from a different car in there as it did not fit properly and the wording was identical to another one I read.
Does not give me confidence that the description actually reflects the condition of the car, feels more like making it sound good as opposed to depicting reality

Lagom

544 posts

63 months

Thursday 23rd July 2020
quotequote all
RT964 said:
An interview with Ed Lovett about Collecting Cars ...

https://www.youtube.com/watch?v=7qNRpGYor80
Interview or paid advertising.

SFTWend

846 posts

76 months

Thursday 23rd July 2020
quotequote all
Right now CC is brilliant for sellers as they appear to be achieving a higher price than they would if they had advertised the car on PH or AT as a private sale. No doubt armchair auction fever is the driver. The sellers are probably also avoiding many time wasters and tyre kickers as I guess many punters are bidding sight unseen. Also, unlikely highest bidder will pull out of the purchase as they've already paid CCs 6% fee.

As a buyer I'm scratching my head why I'd buy via CC rather than via a private sale advertised on PH etc. I know the asking price. I can chat with the seller and get a better feel for the owner and the car. I can gauge roughly how much negotiating room there is on the asking price. I can view and test drive the car and organise a PPI. With CC I'm not inclined to travel a long distance to view a car when I have no idea what other parties might bid for it. I'm unlikely to get a PPI completed before the auction ends and I wouldn't want to pay for one if I don't know whether I'm going to get the car for the right price.

jtremlett

1,377 posts

223 months

Thursday 23rd July 2020
quotequote all
Lagom said:
RT964 said:
An interview with Ed Lovett about Collecting Cars ...

https://www.youtube.com/watch?v=7qNRpGYor80
Interview or paid advertising.
I only watched as far as the bit where he was asked why he doesn't work for Dick Lovett any more and him squirming round the answer with some guff about not fitting in with what manufacturers want of their dealerships. I suppose that's one way of putting it...



will_

6,027 posts

204 months

Thursday 23rd July 2020
quotequote all
jtremlett said:
Lagom said:
RT964 said:
An interview with Ed Lovett about Collecting Cars ...

https://www.youtube.com/watch?v=7qNRpGYor80
Interview or paid advertising.
I only watched as far as the bit where he was asked why he doesn't work for Dick Lovett any more and him squirming round the answer with some guff about not fitting in with what manufacturers want of their dealerships. I suppose that's one way of putting it...
What's the real story?

will_

6,027 posts

204 months

Thursday 23rd July 2020
quotequote all
C4ME said:
SFTWend said:
Right now CC is brilliant for sellers as they appear to be achieving a higher price than they would if they had advertised the car on PH or AT as a private sale. No doubt armchair auction fever is the driver. The sellers are probably also avoiding many time wasters and tyre kickers as I guess many punters are bidding sight unseen. Also, unlikely highest bidder will pull out of the purchase as they've already paid CCs 6% fee.

As a buyer I'm scratching my head why I'd buy via CC rather than via a private sale advertised on PH etc. I know the asking price. I can chat with the seller and get a better feel for the owner and the car. I can gauge roughly how much negotiating room there is on the asking price. I can view and test drive the car and organise a PPI. With CC I'm not inclined to travel a long distance to view a car when I have no idea what other parties might bid for it. I'm unlikely to get a PPI completed before the auction ends and I wouldn't want to pay for one if I don't know whether I'm going to get the car for the right price.
My thoughts too. I have no idea why CC is an attractive way to buy a car.
I wonder why anyone buys a car at auction at all, unless it is very rare or very cheap. It has all the downsides and none of the upsides (unless - rare or cheap). And the spread of a "traditional" auction house is monstrous too.

On the theme of the thread I can see the attraction for vendors, if the achieved price after fees is bearable. Certainly that seems to be the case for CC. If I were a vendor I would seriously consider it.

TP321

1,480 posts

199 months

Thursday 23rd July 2020
quotequote all
What did the Aventador reach?

spikeyhead

17,335 posts

198 months

Thursday 23rd July 2020
quotequote all
TP321 said:
What did the Aventador reach?
£153,500

TP321

1,480 posts

199 months

Thursday 23rd July 2020
quotequote all
spikeyhead said:
£153,500
Thanks. But didn't make reserve i guess.

TP321

1,480 posts

199 months

Friday 24th July 2020
quotequote all
So what do we think the Pista will get to? I am guessing £280k..



moneymakestheworldgoaround

4,079 posts

176 months

Friday 24th July 2020
quotequote all
Lagom said:
Interview or paid advertising.
Isnt Ed one of the owners of it? scratchchin

RT964

286 posts

79 months

Friday 24th July 2020
quotequote all
moneymakestheworldgoaround said:
Lagom said:
Interview or paid advertising.
Isnt Ed one of the owners of it? scratchchin
Some people are so suspicious. Yes, it's an interview with Ed and done by Sam from the Seen Through Glass/Behind the Glass YouTube channels.

Why wouldn't Ed want to be interviewed about his business ? He's obviously proud of doing something slightly different in the car buying/selling market and is having some success doing it (this thread is 61 pages long, so it's got us talking !). Ultimately there is always going to be some promotion of his businesses on this interview - but then again, isn't that the case for every chat show guest since the dawn of time ? They are only on that chat show to promote their latest song/book/film/show/etc.

Irrespective of what may or may not have happened at the Dick Lovett car chain, I found him an interesting person to listen to and an obvious petrolhead with an enviable history of cars (his current steer is a 991 Speedster and prior to that he's had a Singer).

The section on Collecting Cars is about half way in to the interview for those of you that want to skip to that part ...

Leftfootwonder

1,116 posts

59 months

Friday 24th July 2020
quotequote all
A lot of want for that 570S - could be a absolute bargain depending on the reserve. The interior looks smart too. When I've played with the McLaren configurator it seems to be any colour fabric, so long as it's black.

Shrimpvende

860 posts

93 months

Friday 24th July 2020
quotequote all
I used CC sort of by accident and I'm now the (very) happy owner of the Clio Trophy they had up at the beginning of the month. I was on the lookout for a Clio 182 for a track car, then when I saw this one on there with all the work done to it and the rarity I figured it was worth a punt, you don't often see many for sale and to be honest for £7k I thought it was worth the risk.

As a buyer, I don't think I'd use them for anything 'expensive'. The 6% fee is a bit of a stinger (minimum £600 which is what I had to pay) and as previous posters have said you're buying something sight unseen. I thought at first CC had something to do with the inspection or verification of the cars before listing but it appears not, I've seen some fairly ropey looking stuff on there and some attempts at glossing over potentially dodgy history (the LHD Middle Eastern F12).

As a seller I really wish it was as popular when I needed to shift my F type quick around Christmas time. I had to practically give that thing away, even though it was in a rare and very high spec that might have appealed enough to attract some decent bids. Speaking to the seller when I collected my Clio, he said CC had spent some time on the phone with him asking about the car and its history before 'accepting' it onto the site, at which point he was asked for 100+ hi res pictures or offered a professional photographer for a fee.

MDL111

6,958 posts

178 months

Friday 24th July 2020
quotequote all
Shrimpvende said:
I used CC sort of by accident and I'm now the (very) happy owner of the Clio Trophy they had up at the beginning of the month. I was on the lookout for a Clio 182 for a track car, then when I saw this one on there with all the work done to it and the rarity I figured it was worth a punt, you don't often see many for sale and to be honest for £7k I thought it was worth the risk.

As a buyer, I don't think I'd use them for anything 'expensive'. The 6% fee is a bit of a stinger (minimum £600 which is what I had to pay) and as previous posters have said you're buying something sight unseen. I thought at first CC had something to do with the inspection or verification of the cars before listing but it appears not, I've seen some fairly ropey looking stuff on there and some attempts at glossing over potentially dodgy history (the LHD Middle Eastern F12).

As a seller I really wish it was as popular when I needed to shift my F type quick around Christmas time. I had to practically give that thing away, even though it was in a rare and very high spec that might have appealed enough to attract some decent bids. Speaking to the seller when I collected my Clio, he said CC had spent some time on the phone with him asking about the car and its history before 'accepting' it onto the site, at which point he was asked for 100+ hi res pictures or offered a professional photographer for a fee.
I think about bidding for that as I wanted one and they are - I believe - only available in the UK. In the end I decided picking it up is too much hassle and I already have a Clio, so two would have maybe been overkill .... am sure you will have a lot of fun with that car

Drclarke

1,185 posts

174 months

Friday 24th July 2020
quotequote all
jtremlett said:
only watched as far as the bit where he was asked why he doesn't work for Dick Lovett any more and him squirming round the answer with some guff about not fitting in with what manufacturers want of their dealerships. I suppose that's one way of putting it...
Absolutely agree. When your family company doesn’t want anything to do with you, what does that tell the wider audience?

TOPIC CLOSED
TOPIC CLOSED