Collecting Cars auction results

Collecting Cars auction results

Author
Discussion

21ATS

205 posts

32 months

Saturday 24th October
quotequote all
HIS LM said:
I have used CC to sell 2 vehicles and I was very happy the whole process from start to end.

If you don't like it don't use it nobody is forcing your hand just stop whingeing !!
I have no doubt you're absolutely delighted as a seller, you appear to get close to a dealer forecourt price for your car, no fees to pay, no commission and not a single person appears to have any liability for the sale if something goes wrong.

From a buyers perespective it's absoultely pot luck and you're having to pay for the priveledge. It's a perfect selling platform. It's a potential nightmare buying platform.

jtremlett

951 posts

182 months

Saturday 24th October
quotequote all
HIS LM said:
I have used CC to sell 2 vehicles and I was very happy the whole process from start to end.

If you don't like it don't use it nobody is forcing your hand just stop whingeing !!
Sorry, but that doesn't seem to be very helpful. All these things are great when everything goes smoothly. The issue in question is what happens when things don't go smoothly and especially so, as pointed out, when it is a "managed" sale. It is entirely reasonable to raise these issues and then everyone is informed and can indeed decide whether to use it or not based on proper information rather than using it, something going wrong and only ten finding out the pitfalls.

phib

4,111 posts

219 months

Saturday 24th October
quotequote all
I really struggle to understand why people have an issue with the site.

Sold one car through the site, had another 2 that didn’t sell.

If you want to buy through the site, it’s the same as a private sale, go and have a look at the cars first, meet the vendor etc exactly as you would on every private sale ?

I’ve tried to buy one via the site, viewed the car met the owner etc etc.

Just got outbid

Phib

21ATS

205 posts

32 months

Saturday 24th October
quotequote all
phib said:
I really struggle to understand why people have an issue with the site.

Sold one car through the site, had another 2 that didn’t sell.

If you want to buy through the site, it’s the same as a private sale, go and have a look at the cars first, meet the vendor etc exactly as you would on every private sale ?

I’ve tried to buy one via the site, viewed the car met the owner etc etc.

Just got outbid

Phib
It was very straightforward whilst all sales were described as either private or trade.

The specific issue is the introduction of the managed category.

It simply appears to be motor traders circumventing their legal obligations whilst being paid to sell cars.


Ferruccio

1,336 posts

79 months

Saturday 24th October
quotequote all
phib said:
If you want to buy through the site, it’s the same as a private sale
No.
If the vendor’s trade is selling cars, I very much suspect that it’s a trade sale.

phib

4,111 posts

219 months

Saturday 24th October
quotequote all
It doesnt matter who is selling it, you have to regard it and take the risk as if it was a private sale was more my point.

Ultimately if your unhappy buying on cc feeling like your buying from a trade but getting no warranty then the answer is buy retail from a trader.

Many of the cars on cc go for trade money.

The issue is people expect a bargain trade price with all the warranty / costs to a trader.

9Elfer

49 posts

54 months

Saturday 24th October
quotequote all
phib said:
It doesnt matter who is selling it, you have to regard it and take the risk as if it was a private sale was more my point.

Ultimately if your unhappy buying on cc feeling like your buying from a trade but getting no warranty then the answer is buy retail from a trader.

Many of the cars on cc go for trade money.

The issue is people expect a bargain trade price with all the warranty / costs to a trader.
I think the point is misled.

Listed as private seller: all good
Listed as trade seller: all good

This is all well respected. I would happily bid knowing this and respect the capacity which the car is being sold.

Listed as managed seller when in fact is a trade seller, being paid to market and upsell the car, while not admitting such (and wiggling out of providing legal guidelines on consumer protection) is wrong.



phib

4,111 posts

219 months

Saturday 24th October
quotequote all
Fair enough, I can’t really see the point but understand some have concerns.

For me simply it’s just about the price I’m paying versus what services I’m getting if that makes sense.

I just always assumed any car from CC has no warranty or come back and is effectively a private sale and would only pay what I was prepared to pay if I was buying it privately ..... maybe that’s why I haven’t won any !!

Phib

21ATS

205 posts

32 months

Saturday 24th October
quotequote all
phib said:
Fair enough, I can’t really see the point but understand some have concerns.

For me simply it’s just about the price I’m paying versus what services I’m getting if that makes sense.

I just always assumed any car from CC has no warranty or come back and is effectively a private sale and would only pay what I was prepared to pay if I was buying it privately ..... maybe that’s why I haven’t won any !!

Phib
This is the principal I've employed on the cars on which I've bid. Like you I've been outbid, sometimes to a degree that leaves me scratching my head when you find a similar car advertised on a dealer forecourt for the same or less money after fees have been added.

It's no surprise sellers are happy, they are getting a better price for their cars and there's zero comback if it turns out to be a lemon.

I think some people are bidding on the assumption that they are buying from a dealer (either that CC is a dealer or the person selling the car is) with all the guarantees that entails and as such are bidding higher.

Having a category of Managed sales does nothing to make this any clearer, in fact I consider it misleading.



500 Miles

1,580 posts

186 months

Saturday 24th October
quotequote all
21ATS said:
HIS LM said:
I have used CC to sell 2 vehicles and I was very happy the whole process from start to end.

If you don't like it don't use it nobody is forcing your hand just stop whingeing !!
I have no doubt you're absolutely delighted as a seller, you appear to get close to a dealer forecourt price for your car, no fees to pay, no commission and not a single person appears to have any liability for the sale if something goes wrong.

From a buyers perespective it's absoultely pot luck and you're having to pay for the priveledge. It's a perfect selling platform. It's a potential nightmare buying platform.
I’ve bought two cars from the site, a 355 GTS and a 993 Turbo - both cracking cars and a very easy process.

Ferruccio

1,336 posts

79 months

Sunday 25th October
quotequote all
21ATS said:
It's no surprise sellers are happy, they are getting a better price for their cars and there's zero comback if it turns out to be a lemon.
I doubt that that’s right.
If it’s a trade seller, I’d be pretty sure that a judge would hold that you have the usual protections.

9Elfer

49 posts

54 months

Sunday 25th October
quotequote all
Ferruccio said:
I doubt that that’s right.
If it’s a trade seller, I’d be pretty sure that a judge would hold that you have the usual protections.
I don’t disagree but then the fact you have to go through a judge to get your rights honored, it’s absolutely disgusting.

SFTWend

235 posts

35 months

Sunday 25th October
quotequote all
The question of "managed sale" has filled a few pages of this thread now. I can understand concerns if the owner of the auction platform and trade seller were taking a fee from both the cars owner and the buyer whilst at the same time the trader was avoiding consumer rights responsibilities. If I wanted to bid on a managed sale I would simply post a question on the platform asking if this was a SOR and what protections were being offered.

Whilst I have been technically corrected my stance remains "buyer beware" when bidding on an auction platform, whoever the seller. You either take a punt or get the car inspected. I wouldn't fancy my chances in court trying to get recompense on a 10+ year old car that had issues unless it had been grossly misrepresented by a trade seller. Even the trade sales of £100k+ exotics have no mention of a warranty in the descriptions, unless the car is still under the manufacturers warranty, so my assumption has been that by putting a car through the auction the traders usual retail warranty offering doesn't apply.

I think the reason for high sale prices being achieved by CC is twofold. Firstly the descriptions and photos are far more comprehensive and glossy than anything offered via traditional advertising means. This potentially makes the cars appear better examples than those advertised via AT, PH etc. Secondly the auction format can get buyers excited, leading to bids higher than they would otherwise have offered.

As said, brilliant platform for sellers. More fool buyers if they pay too much.

Cheib

19,496 posts

135 months

Sunday 25th October
quotequote all
Did anyone see what the 73 RS got bid to ?

stigmeister

62 posts

128 months

Sunday 25th October
quotequote all
Did anyone see what the 73 RS got bid to ?

Last saw it at £442,500 with 10 mins to go!

webstercivet

173 posts

34 months

Sunday 25th October
quotequote all
Cheib said:
Did anyone see what the 73 RS got bid to ?
£462,500 from memory. Not on the Sold page - does that mean didn’t reach reserve?

Cheib

19,496 posts

135 months

Sunday 25th October
quotequote all
webstercivet said:
Cheib said:
Did anyone see what the 73 RS got bid to ?
£462,500 from memory. Not on the Sold page - does that mean didn’t reach reserve?
I believe so, was for sale for a long time on International Collectibles.

Stryke

578 posts

122 months

Sunday 25th October
quotequote all
308 on there back up for sale, was a no sale in August. They've relisted with some slightly better images...

Moderator edit: cut out the potentially defamatory remarks please.

will_

5,960 posts

163 months

Monday 26th October
quotequote all
webstercivet said:
Cheib said:
Did anyone see what the 73 RS got bid to ?
£462,500 from memory. Not on the Sold page - does that mean didn’t reach reserve?
It got to £463,000 and doesn't appear to have sold.

cayman-black

9,791 posts

176 months

Monday 26th October
quotequote all
webstercivet said:
£462,500 from memory. Not on the Sold page - does that mean didn’t reach reserve?
I know its a great car but what a ridiculous price.