Collecting Cars auction results

Collecting Cars auction results

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footsoldier

1,855 posts

153 months

Friday 30th October 2020
quotequote all
£6k is pretty much irrelevant in this size of deal though.
Seller could have got lucky, didn't, and then took what was on offer. Still seems like a good price to me.
For whatever reason, cars are shifting on CC which could easily sit in a dealer for long enough.

Ferruccio

1,388 posts

80 months

Friday 30th October 2020
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webstercivet said:
Makes the auction seem a bit pointless if the winner was willing to up their bid by £12k after the event.
No. Vendor presumably hoped it would be bid higher.

bigmowley

930 posts

137 months

Friday 30th October 2020
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Carrera GT is another big ticket car on there at the moment. Seems to have been well used, enjoyed and serviced in the USA and then sat around in Europe for several years. There must be a back story to this car? Presumably due it’s engine out service and a scutch of work to get it up to scratch. Odd car to auction unless it’s got a story. Anyone?
Same vendor as the 997 4.0RS?

will_

5,996 posts

164 months

Friday 30th October 2020
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bigmowley said:
Carrera GT is another big ticket car on there at the moment. Seems to have been well used, enjoyed and serviced in the USA and then sat around in Europe for several years. There must be a back story to this car? Presumably due it’s engine out service and a scutch of work to get it up to scratch. Odd car to auction unless it’s got a story. Anyone?
Same vendor as the 997 4.0RS?
It's got to be better than trying to get the trade to actually give a price for it, and will perhaps return much more than SOR (and with less risk).

It will be interesting to see what it goes for with that history and miles.

TP321

1,285 posts

159 months

Friday 30th October 2020
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Upperworks said:
Really? WBAC is the measure? I put my 6spd 840 into it a while back and it said £50. Not seen a Wraith anywhere for close to £73k, have you?
WBAC is the measure if you want to sell your car the next day - instant liquidity. The Wraith is a very illiquid car - been watching the same cars sitting around the dealerships and gradually being reduced. That's why WBAC is offering what it is - it knows the market better than you and i.

Algarve

1,870 posts

42 months

Friday 30th October 2020
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webstercivet said:
Yeah. Just means in this case the auction format didn't have the desired effect of extracting the best price from the market -- indeed, if the seller had put up a private ad at £481k, and the same buyer saw it, the seller would have taken home £6k more.
How would he have known where to price it at without trying to auction it first?

MDMA .

5,986 posts

62 months

Friday 30th October 2020
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Algarve said:
webstercivet said:
Yeah. Just means in this case the auction format didn't have the desired effect of extracting the best price from the market -- indeed, if the seller had put up a private ad at £481k, and the same buyer saw it, the seller would have taken home £6k more.
How would he have known where to price it at without trying to auction it first?
Eh?
He set the reserve above £463k so knew what he wanted for it before listing it in the auction.

Cheib

19,817 posts

136 months

Friday 30th October 2020
quotequote all
Algarve said:
webstercivet said:
Yeah. Just means in this case the auction format didn't have the desired effect of extracting the best price from the market -- indeed, if the seller had put up a private ad at £481k, and the same buyer saw it, the seller would have taken home £6k more.
How would he have known where to price it at without trying to auction it first?
It’s been for sale for a loooong time....for quite a but more and had been gradually reduced in price. I am sure they’d have had offers on it.

AMTony

944 posts

128 months

Saturday 31st October 2020
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Was bidding yesterday and when it came to last 60 secs, the site would not accept any further bids.
I had placed previous bids so no issue with payment etc.
Absolute joke!

Pro Bono

307 posts

38 months

Saturday 31st October 2020
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bigmowley said:
will_ said:
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.
Now marked as sold at £475K. Presumably an after auction haggle.
I don't think CC should be showing a sale price of £475k if it was a post-auction deal. It's seriously misleading, as the casual viewer would assume that the car had been sold at auction, thereby making CC auctions seem more successful than they actually are.

Cheib

19,817 posts

136 months

Saturday 31st October 2020
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Plenty of auctions get deals done post event and don’t differentiate.

will_

5,996 posts

164 months

Monday 2nd November 2020
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Pro Bono said:
bigmowley said:
will_ said:
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.
Now marked as sold at £475K. Presumably an after auction haggle.
I don't think CC should be showing a sale price of £475k if it was a post-auction deal. It's seriously misleading, as the casual viewer would assume that the car had been sold at auction, thereby making CC auctions seem more successful than they actually are.
What difference does that make? The car through CC having been marketed by CC.

jtremlett

973 posts

183 months

Monday 2nd November 2020
quotequote all
will_ said:
Pro Bono said:
bigmowley said:
will_ said:
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.
Now marked as sold at £475K. Presumably an after auction haggle.
I don't think CC should be showing a sale price of £475k if it was a post-auction deal. It's seriously misleading, as the casual viewer would assume that the car had been sold at auction, thereby making CC auctions seem more successful than they actually are.
What difference does that make? The car through CC having been marketed by CC.
Precisely. The deal has been done as a result of the auction.

Taffy66

4,216 posts

63 months

Monday 2nd November 2020
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jtremlett said:
recisely. The deal has been done as a result of the auction.
This is perfectly standard practice which all auction houses employ and nothing unethical about it.

Paft Dunk

74 posts

219 months

Tuesday 3rd November 2020
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Was interested in a car finishing tonight, and I note that the seller hasn’t answered a single question that potential bidders asked. Find the whole thing very odd.

Perhaps they just see its hit the reserve, so why bother?!

HIS LM

1,102 posts

220 months

Tuesday 3rd November 2020
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Not suspicious at all, possibly hit reserve or CBA, some of the questions are from lazy fools who can't be bothered to read the script.
I had some tw@t ask "What's your lowest price save me wasting time bidding"

rat rod

1,065 posts

26 months

Tuesday 3rd November 2020
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Paft Dunk said:
Was interested in a car finishing tonight, and I note that the seller hasn’t answered a single question that potential bidders asked. Find the whole thing very odd.

Perhaps they just see its hit the reserve, so why bother?!
The idea of entering a car in a auction is so you don't have to get involved and let the auction do the work,

Also if the owner states something in print that is misleading either on purpose or innocently could have consequences

for them after the auction if the buyer is unhappy with his or her purchase

so i suppose the less said the better and as you say if it's made the reserve why bother and complicate things but do agree

it does look like there's something to hide

RATATTAK

6,691 posts

150 months

Tuesday 3rd November 2020
quotequote all
rat rod said:
Paft Dunk said:
Was interested in a car finishing tonight, and I note that the seller hasn’t answered a single question that potential bidders asked. Find the whole thing very odd.

Perhaps they just see its hit the reserve, so why bother?!
The idea of entering a car in a auction is so you don't have to get involved and let the auction do the work,

Also if the owner states something in print that is misleading either on purpose or innocently could have consequences

for them after the auction if the buyer is unhappy with his or her purchase

so i suppose the less said the better and as you say if it's made the reserve why bother and complicate things but do agree

it does look like there's something to hide
and it keeps more people interested ... I assume PD was referring to the Cayman and the questions were answered before thee hammer went down.

RATATTAK

6,691 posts

150 months

Tuesday 3rd November 2020
quotequote all
I see 2manycars bought some stuff tonight ... is it the same guy - Pete ?

belfry

664 posts

143 months

Wednesday 4th November 2020
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Paft Dunk said:
Was interested in a car finishing tonight, and I note that the seller hasn’t answered a single question that potential bidders asked. Find the whole thing very odd.

Perhaps they just see its hit the reserve, so why bother?!
I've been interested in the DB9 with the engine noise. A couple of days ago I asked CC to see if the vendor is willing to provide some information/evidence from their Aston specialist about the source of the engine noise (advert said it's probably just tappets). Surely the vendor might have been interested in the cause?I know that I would be straight on to the AM specialist if my V12 started to make strange noises eek

The Bamford Rose recent video of DB9 engine issues suggests £14-20k for an engine rebuild following the 'dreaded DB9 ticking'. This is too big a risk for me. But I haven't heard back from CC regarding my request to the seller.

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