Collecting Cars auction results

Collecting Cars auction results

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Ferruccio

1,835 posts

119 months

Sunday 20th September 2020
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rgw2012 said:
spikeyhead said:
355fiorano said:
Am I going crazy?
Last night I was watching the Daytona auction end and looking today it is still going on and ending tonight.
Can anyone confirm or set me straight that that auction did not end last night?
I thought the same thing, but I've been crazy for years smile
They have a mechanism in place to prevent last minute bid sniping which allows for the losing bidder to have more time to improve their offer - so I guess that's what happened
That’s 2 minutes, not two days

Mr_Megalomaniac

852 posts

66 months

Sunday 20th September 2020
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SFTWend said:
A new competitor to CC, Selecting Gear, kicked off yesterday. Don't know if they are affiliated to Hofmann's but most of their lots are retail stock from that dealer. I guess Hofmann's have seen the success of CC and realised that in the current climate they can potentially offload stock via online auction for close to full retail money but without the warranty costs etc.

They have something I'm considering and it will be interesting to see what the lots fetch compared to what they were asking on the forecourt.
1 of the directors is a director of Hoffmann's. The other 2 of a capital company, and seem to be involved in some of the same racing circles.
I'd say more competition is always good, especially if as others have pointed out, the auctioneers are driving up the prices with false bids (something I personally disagree with, as an auction provides liquidity, the trade off is against a safe realisable price).

Cheib

23,248 posts

175 months

Sunday 20th September 2020
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There’s definitely an element of cars selling better via auction than classified ad’s...which is perhaps not a suppose at the moment.

Will be very interesting to see how CC does during winter. Dealers wont be as keen to buy cars that is for sure.

355fiorano

430 posts

242 months

Sunday 20th September 2020
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Very strange things happening with this Daytona. The auction tonight closed at £420k and now in the sold section it is showing winning bid £444k !

Algarve

2,102 posts

81 months

Sunday 20th September 2020
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355fiorano said:
Very strange things happening with this Daytona. The auction tonight closed at £420k and now in the sold section it is showing winning bid £444k !
Closed below reserve, winning bidder agreed to buy for 444k?

355fiorano

430 posts

242 months

Monday 21st September 2020
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Could be but "winning bid" signifies a bid
When they do a deal post auction they show it as "Selling Price"
Also just after it finished I believe a saw it in the sold section for £420k originally
To be fair this is much of a muchness. As long as everyone involved is happy who cares

Bobo W

764 posts

252 months

Monday 21st September 2020
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Algarve said:
355fiorano said:
Very strange things happening with this Daytona. The auction tonight closed at £420k and now in the sold section it is showing winning bid £444k !
Closed below reserve, winning bidder agreed to buy for 444k?
£444k is not that far shy of winning bid plus buyers commission

sparta6

3,698 posts

100 months

Wednesday 23rd September 2020
quotequote all
355fiorano said:
Could be but "winning bid" signifies a bid
When they do a deal post auction they show it as "Selling Price"
Also just after it finished I believe a saw it in the sold section for £420k originally
To be fair this is much of a muchness. As long as everyone involved is happy who cares
Agree and that's really the point isn't it.
Somebody was also happy buying the fruity Mondial T at £80K.
Excellent chassis and 430 power.

AndyC_123

1,116 posts

154 months

Thursday 24th September 2020
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Got outbid on the Range Rover Classic last minute...

OSMojo

98 posts

75 months

Saturday 26th September 2020
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Pro Bono said:
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.

Do CC carry out any vetting of prospective buyers, to weed out such people?
Great point, I just sold the Red Diablo on there to a dead beat dreamer, dead beat kept saying he sent the money from a Swiss bank account (to sound like a big shot), I never heard from him again. So it is up for sale again (not on CC)
This disgrace wouldn't answer the phone or texts, he even called my house but wouldn't speak. He probably lives in a bed sit over a KFC in hounslow.
Just a dreamer, a fantasist in fact. I do think maybe a credit check should be done on buyers before they bid.

21ATS

1,100 posts

72 months

Saturday 26th September 2020
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OSMojo said:
Great point, I just sold the Red Diablo on there to a dead beat dreamer, dead beat kept saying he sent the money from a Swiss bank account (to sound like a big shot), I never heard from him again. So it is up for sale again (not on CC)
This disgrace wouldn't answer the phone or texts, he even called my house but wouldn't speak. He probably lives in a bed sit over a KFC in hounslow.
Just a dreamer, a fantasist in fact. I do think maybe a credit check should be done on buyers before they bid.
Presumably someones credit card must have been charged with the buyer fee?

Were CC any help whatsoever once the virtual hammer dropped?

ferdi p

1,519 posts

172 months

Saturday 26th September 2020
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21ATS said:
Presumably someones credit card must have been charged with the buyer fee?

Were CC any help whatsoever once the virtual hammer dropped?
Exactly, CC automatically take the commission when you make a successful bid, not sure what happened here!?

OSMojo

98 posts

75 months

Saturday 26th September 2020
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The car was sold after the bidding, so sold as a 'buy it now'. CC were good, they kept trying to contact him, the dead beat avoided them as much as me.
He did lose the commission on his credit card though to CC, they took that, which I'm glad of, at least he lost something.

ferdi p

1,519 posts

172 months

Saturday 26th September 2020
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OSMojo said:
The car was sold after the bidding, so sold as a 'buy it now'. CC were good, they kept trying to contact him, the dead beat avoided them as much as me.
He did lose the commission on his credit card though to CC, they took that, which I'm glad of, at least he lost something.
What a strange thing to do!? He's lost a good few grand for absolutely sod all!!

OSMojo

98 posts

75 months

Saturday 26th September 2020
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ferdi p said:
What a strange thing to do!? He's lost a good few grand for absolutely sod all!!
Yep, that's my only consolation, and to think he could have got himself a VW beetle based Lambo replica with that.

Petrus1983

8,719 posts

162 months

Saturday 26th September 2020
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OSMojo said:
ferdi p said:
What a strange thing to do!? He's lost a good few grand for absolutely sod all!!
Yep, that's my only consolation, and to think he could have got himself a VW beetle based Lambo replica with that.
Only if it was his card he used - and I wouldn’t be surprised if it wasn’t, or maxed out at £25. Unfortunately.

cayman-black

12,644 posts

216 months

Saturday 26th September 2020
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ferdi p said:
OSMojo said:
The car was sold after the bidding, so sold as a 'buy it now'. CC were good, they kept trying to contact him, the dead beat avoided them as much as me.
He did lose the commission on his credit card though to CC, they took that, which I'm glad of, at least he lost something.
What a strange thing to do!? He's lost a good few grand for absolutely sod all!!
LOL , in his mind he owned a Lambo , not for long though.

cayman-black

12,644 posts

216 months

Saturday 26th September 2020
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AndyC_123 said:
Got outbid on the Range Rover Classic last minute...
Shame. It would make a good project as everything seems in place.

Stryke

635 posts

162 months

Sunday 27th September 2020
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OSMojo said:
Yep, that's my only consolation, and to think he could have got himself a VW beetle based Lambo replica with that.
Most likely used a stolen credit card.

Drclarke

1,185 posts

173 months

Sunday 27th September 2020
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Shouldn’t the collecting cars staff be giving you the commission for wasting your time!
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