Collecting Cars auction results
Discussion
spreadselbow said:
Anyone have any thoughts on if a car doesn't sell for asking on collecting cars? I have a slight (probably unjustified) fear that the car would have a black mark against it for future trades?
It seems the quickest way to get out your high priced motor these days with a fair return, (it is a MK2 Gallardo Superleggera for reference so unlikely to get confused for 'another car'
Appreciate your thoughts.
I don't think you have anything to fear. Unlike most auction websites cars that don't sell are removed from the platform so there shouldn't be an audit trail recording a non sale. I suggest many if not most cars on CC are going for fairly strong money at the moment so be quick whilst the sun is still shining.It seems the quickest way to get out your high priced motor these days with a fair return, (it is a MK2 Gallardo Superleggera for reference so unlikely to get confused for 'another car'
Appreciate your thoughts.
I can’t help but think that there is quite a bit of skullduggery that goes on behind the scenes at CC.
The 924 Carrera GT that I was following with interest has suddenly vanished with just over 24hrs to go. Not a word of explanation just gone. Even a “withdrawn” comment to all the people watching wouldn’t go amiss. This does seem to happen quite often! I wonder if the vendor has to pay a fee if it is withdrawn.
Perhaps this is a bit of vendor nervousness that if the early bidding doesn’t look promising then withdraw the lot rather than have it tainted by a failed to meet reserve.
The other thing that is odd is that some lots sit for weeks and weeks in the coming soon section, and others barely skim past that bit. Surely once the pictures are taken it’s not much work to write the spiel? Some stuff disappears as well without ever going to auction. I think it should be titled “coming soon.....maybe”.
I have also noticed that M3’s of most generations seem to meet their reserves very early on in the bidding. Are the reserves set to low, or is there a lot of interest in early M3,s at the moment? They do seem to fetch good money.
The 924 Carrera GT that I was following with interest has suddenly vanished with just over 24hrs to go. Not a word of explanation just gone. Even a “withdrawn” comment to all the people watching wouldn’t go amiss. This does seem to happen quite often! I wonder if the vendor has to pay a fee if it is withdrawn.
Perhaps this is a bit of vendor nervousness that if the early bidding doesn’t look promising then withdraw the lot rather than have it tainted by a failed to meet reserve.
The other thing that is odd is that some lots sit for weeks and weeks in the coming soon section, and others barely skim past that bit. Surely once the pictures are taken it’s not much work to write the spiel? Some stuff disappears as well without ever going to auction. I think it should be titled “coming soon.....maybe”.
I have also noticed that M3’s of most generations seem to meet their reserves very early on in the bidding. Are the reserves set to low, or is there a lot of interest in early M3,s at the moment? They do seem to fetch good money.
bigmowley said:
I can’t help but think that there is quite a bit of skullduggery that goes on behind the scenes at CC.
The 924 Carrera GT that I was following with interest has suddenly vanished with just over 24hrs to go. Not a word of explanation just gone. Even a “withdrawn” comment to all the people watching wouldn’t go amiss. This does seem to happen quite often! I wonder if the vendor has to pay a fee if it is withdrawn.
Perhaps this is a bit of vendor nervousness that if the early bidding doesn’t look promising then withdraw the lot rather than have it tainted by a failed to meet reserve.
The other thing that is odd is that some lots sit for weeks and weeks in the coming soon section, and others barely skim past that bit. Surely once the pictures are taken it’s not much work to write the spiel? Some stuff disappears as well without ever going to auction. I think it should be titled “coming soon.....maybe”.
I have also noticed that M3’s of most generations seem to meet their reserves very early on in the bidding. Are the reserves set to low, or is there a lot of interest in early M3,s at the moment? They do seem to fetch good money.
Unless I'm mistaken, that 924 GT finished this evening for £48,000, it's not on the sold list so didn't make reserveThe 924 Carrera GT that I was following with interest has suddenly vanished with just over 24hrs to go. Not a word of explanation just gone. Even a “withdrawn” comment to all the people watching wouldn’t go amiss. This does seem to happen quite often! I wonder if the vendor has to pay a fee if it is withdrawn.
Perhaps this is a bit of vendor nervousness that if the early bidding doesn’t look promising then withdraw the lot rather than have it tainted by a failed to meet reserve.
The other thing that is odd is that some lots sit for weeks and weeks in the coming soon section, and others barely skim past that bit. Surely once the pictures are taken it’s not much work to write the spiel? Some stuff disappears as well without ever going to auction. I think it should be titled “coming soon.....maybe”.
I have also noticed that M3’s of most generations seem to meet their reserves very early on in the bidding. Are the reserves set to low, or is there a lot of interest in early M3,s at the moment? They do seem to fetch good money.
bigmowley said:
Oops sorry CC take it all back. I’ve obviously lost a day somewhere blame old age! Still wish that they didn’t hid away all the results though. Odd car to value 924CGt I had one in the early 80’s and it was a lovely thing. Not much love in today’s market though.
At £48k bids I would say that there is much love for them. I was interested.cayman-black said:
Jonny TVR said:
The Jensen that sold recently at £24k seems cheap
There is a couple more coming, i bet they won't be that cheap.Agree next one likely to be much more. The Market had one not sold at £45k recently, which had first signs of rust bubbling through. Now back at Hexagon.
SFTWend said:
I bid on that. My research indicated resto needed finishing and some of it needed redoing. So probably a fair sale price.
Agree next one likely to be much more. The Market had one not sold at £45k recently, which had first signs of rust bubbling through. Now back at Hexagon.
Is that the one in Cheshire Northwich. Looks very nice. I'm not in the market for one but always admired themAgree next one likely to be much more. The Market had one not sold at £45k recently, which had first signs of rust bubbling through. Now back at Hexagon.
bigmowley said:
I can’t help but think that there is quite a bit of skullduggery that goes on behind the scenes at CC.
The 924 Carrera GT that I was following with interest has suddenly vanished with just over 24hrs to go. Not a word of explanation just gone. Even a “withdrawn” comment to all the people watching wouldn’t go amiss. This does seem to happen quite often! I wonder if the vendor has to pay a fee if it is withdrawn.
Perhaps this is a bit of vendor nervousness that if the early bidding doesn’t look promising then withdraw the lot rather than have it tainted by a failed to meet reserve.
The other thing that is odd is that some lots sit for weeks and weeks in the coming soon section, and others barely skim past that bit. Surely once the pictures are taken it’s not much work to write the spiel? Some stuff disappears as well without ever going to auction. I think it should be titled “coming soon.....maybe”.
I have also noticed that M3’s of most generations seem to meet their reserves very early on in the bidding. Are the reserves set to low, or is there a lot of interest in early M3,s at the moment? They do seem to fetch good money.
Yes the vendor has to pay a fee if the car is withdrawn (once listed) - I think it's £600 which is the minimum feeThe 924 Carrera GT that I was following with interest has suddenly vanished with just over 24hrs to go. Not a word of explanation just gone. Even a “withdrawn” comment to all the people watching wouldn’t go amiss. This does seem to happen quite often! I wonder if the vendor has to pay a fee if it is withdrawn.
Perhaps this is a bit of vendor nervousness that if the early bidding doesn’t look promising then withdraw the lot rather than have it tainted by a failed to meet reserve.
The other thing that is odd is that some lots sit for weeks and weeks in the coming soon section, and others barely skim past that bit. Surely once the pictures are taken it’s not much work to write the spiel? Some stuff disappears as well without ever going to auction. I think it should be titled “coming soon.....maybe”.
I have also noticed that M3’s of most generations seem to meet their reserves very early on in the bidding. Are the reserves set to low, or is there a lot of interest in early M3,s at the moment? They do seem to fetch good money.
CC encourage sellers to set low reserves - obviously it's in CC's best interest to have low reserves because it makes a sale more likely but their spiel is that a lower reserve encourages more buyers to bid which invariably pushes prices up. Despite their self interest there is a certain amount of logic to this.
Bobo W said:
bigmowley said:
I can’t help but think that there is quite a bit of skullduggery that goes on behind the scenes at CC.
The 924 Carrera GT that I was following with interest has suddenly vanished with just over 24hrs to go. Not a word of explanation just gone. Even a “withdrawn” comment to all the people watching wouldn’t go amiss. This does seem to happen quite often! I wonder if the vendor has to pay a fee if it is withdrawn.
Perhaps this is a bit of vendor nervousness that if the early bidding doesn’t look promising then withdraw the lot rather than have it tainted by a failed to meet reserve.
The other thing that is odd is that some lots sit for weeks and weeks in the coming soon section, and others barely skim past that bit. Surely once the pictures are taken it’s not much work to write the spiel? Some stuff disappears as well without ever going to auction. I think it should be titled “coming soon.....maybe”.
I have also noticed that M3’s of most generations seem to meet their reserves very early on in the bidding. Are the reserves set to low, or is there a lot of interest in early M3,s at the moment? They do seem to fetch good money.
Yes the vendor has to pay a fee if the car is withdrawn (once listed) - I think it's £600 which is the minimum feeThe 924 Carrera GT that I was following with interest has suddenly vanished with just over 24hrs to go. Not a word of explanation just gone. Even a “withdrawn” comment to all the people watching wouldn’t go amiss. This does seem to happen quite often! I wonder if the vendor has to pay a fee if it is withdrawn.
Perhaps this is a bit of vendor nervousness that if the early bidding doesn’t look promising then withdraw the lot rather than have it tainted by a failed to meet reserve.
The other thing that is odd is that some lots sit for weeks and weeks in the coming soon section, and others barely skim past that bit. Surely once the pictures are taken it’s not much work to write the spiel? Some stuff disappears as well without ever going to auction. I think it should be titled “coming soon.....maybe”.
I have also noticed that M3’s of most generations seem to meet their reserves very early on in the bidding. Are the reserves set to low, or is there a lot of interest in early M3,s at the moment? They do seem to fetch good money.
CC encourage sellers to set low reserves - obviously it's in CC's best interest to have low reserves because it makes a sale more likely but their spiel is that a lower reserve encourages more buyers to bid which invariably pushes prices up. Despite their self interest there is a certain amount of logic to this.
The disappearing cars thing is really, really s
t. Unfortunately it reeks of “the motor trade” rather than trying to set yourself above short term games. From a buyers perspective I much prefer The Market, which mostly auctions modern classics. They have most cars on site and, having viewed the lot, attempt to provide a more balanced description. They state an estimated sale price, highlight when reserve nearly met and keep both sold and unsold lots online for a period of time.
Wonder what happened here. 488 Spider sold with a winning bid of £166k on 30th Aug but is now up for sale again privately.
Obviously didn't go through for some reason.
https://www.pistonheads.com/buy/listing/10821992?c...
Obviously didn't go through for some reason.
https://www.pistonheads.com/buy/listing/10821992?c...
LA458SP said:
Wonder what happened here. 488 Spider sold with a winning bid of £166k on 30th Aug but is now up for sale again privately.
Obviously didn't go through for some reason.
https://www.pistonheads.com/buy/listing/10821992?c...
Shill bidding comes to mind.....Obviously didn't go through for some reason.
https://www.pistonheads.com/buy/listing/10821992?c...
this isn't the first time somthing "sells" but appears again advertised with it's original owner.... the Ferrari advert actually states owned for the last two years.... it'll end up like Ebay very soon if the don't put a stop to it...Bemmer said:
Shill bidding comes to mind..... this isn't the first time somthing "sells" but appears again advertised with it's original owner.... the Ferrari advert actually states owned for the last two years.... it'll end up like Ebay very soon if the don't put a stop to it...
Don't think it was. The car was listed under the sold section of the site for a good week or so. this isn't the first time somthing "sells" but appears again advertised with it's original owner.... the Ferrari advert actually states owned for the last two years.... it'll end up like Ebay very soon if the don't put a stop to it...Bemmer said:
Shill bidding comes to mind..... this isn't the first time somthing "sells" but appears again advertised with it's original owner.... the Ferrari advert actually states owned for the last two years.... it'll end up like Ebay very soon if the don't put a stop to it...
There must be some winning bidders who aren't genuine. People who are just dreamers, or who have had one too many and always fancied a Ferrari. In most cases there wouldn't be any point in pursuing them, as they've no money, in which case the car would potentially come back on the market. this isn't the first time somthing "sells" but appears again advertised with it's original owner.... the Ferrari advert actually states owned for the last two years.... it'll end up like Ebay very soon if the don't put a stop to it...Do CC carry out any vetting of prospective buyers, to weed out such people?
Pro Bono said:
Bemmer said:
Shill bidding comes to mind..... this isn't the first time somthing "sells" but appears again advertised with it's original owner.... the Ferrari advert actually states owned for the last two years.... it'll end up like Ebay very soon if the don't put a stop to it...
There must be some winning bidders who aren't genuine. People who are just dreamers, or who have had one too many and always fancied a Ferrari. In most cases there wouldn't be any point in pursuing them, as they've no money, in which case the car would potentially come back on the market. this isn't the first time somthing "sells" but appears again advertised with it's original owner.... the Ferrari advert actually states owned for the last two years.... it'll end up like Ebay very soon if the don't put a stop to it...Do CC carry out any vetting of prospective buyers, to weed out such people?
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