Collecting Cars auction results

Collecting Cars auction results

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Ferruccio

1,837 posts

120 months

Friday 11th December 2020
quotequote all
ettore said:
Drclarke said:
Jonny TVR said:
I didn't say that
So with the watches website it’s the same as the cars.

The collecting watches people, collect a dealers margin but with zero comeback or warranty for the buyer.

If their fee was £250 I would say for what they do it’s even expensive then, but for those paying 6% you need your heads checking. I’ll continue to buy my watches and cars from a dealer who I can shout at if I have a problem.
It's an Auction - that's how the whole industry works. I struggle to understand see the angst on this thread about rules and terms that are well understood and industry wide.
No it’s not. If it’s not substantially as described eg if it’s a fake, you have come back.
Read the T&Cs of a proper auction house.

rockits

785 posts

163 months

Saturday 12th December 2020
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OSMojo said:
On CC you can only post questions if you are bidding, keeps out people who have no interest in the car, or who can't afford it. So they come on here and puke.

Edited by OSMojo on Saturday 28th November 20:14
It seems you can make comments without needing to bid. Which I found a little odd. However you can. I did raise it as an issue as I felt you could just get a friend to make positive comments to market the car more.

SFTWend

851 posts

76 months

Saturday 12th December 2020
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rockits said:
It seems you can make comments without needing to bid. Which I found a little odd. However you can. I did raise it as an issue as I felt you could just get a friend to make positive comments to market the car more.
I always have questions to raise as part of my due diligence before placing a bid. Amazes me that the majority appear to bid simply based on the description and pictures.

rockits

785 posts

163 months

Saturday 12th December 2020
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SFTWend said:
I always have questions to raise as part of my due diligence before placing a bid. Amazes me that the majority appear to bid simply based on the description and pictures.
Agreed. I was interested and bid on the Chimaera 450 SC that ended last night. However, I stopped bidding and made no further bids as I just can't get my head round it as a buyer. It just doesn't work for me as a buyer. Like many have said there are too many issues.

For this Chimaera I would have needed to do a 12 hour round trip and a day out of my time I can' afford to lose at the moment. In order to view a car I can't actually buy. Then I bid on it and get outbid by someone who wants to over pay for a car and I've wasted my time. Or I take a chance and bid on it blind however the downsides/risks far outweigh the upsides/benefits.

So in essence I couldn't really buy the car. Although I have spent many many hours wasting my time on research and due diligence on this car this week. Just far too much risk and time wasted as a buyer. If it were a normal private sale ad I can view the car, decide if I want it, do a deal with the seller, pay for the car and drive it away. No complications. You can't even really get a PPI done as you could be throwing say £500 in the bin on a car you might not even buy as get outbid.

Not sure I would ever buy a car on CC but I am thinking about selling my Chimaera 500 on there though as it makes much more sense as a seller.

I wonder if a good thing to do as seller to achieve the best price on a good car is to get an independent PPI completed at your cost and add to the listing. Gives a buyer real good piece mind and being honest about the car warts and all. Would work well on my Chimaera 500 I think as it had a full body off restoration a couple of years ago so has much more good things than any things not so good.

OSMojo

98 posts

76 months

Saturday 12th December 2020
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rockits said:
It seems you can make comments without needing to bid. Which I found a little odd. However you can. I did raise it as an issue as I felt you could just get a friend to make positive comments to market the car more.
Yes I was wrong, you just need to have added a CC. So it's worse, complete dip sticks can comment on a £130k car they have no intention to bid on.
I think only people who are bidding should be able to make comments. I had one plonker, asking me so many questions 'is it 2wd?' 'does it have abs?' (do your basic research for goodness sake, don't you even know anything about the model of car you are allegedly interested in? )

Then he asked 15 more questions, all of which were answered in the detailed CC description he couldn't be bothered to read. what else do I need to do? bring up his wind and burp him?

Then with 15 minutes to go he popped in again "One last question, THEN I'LL BID, I am 6ft2, will I fit?" So I explained I am 6ft 1 and fit with plenty of room, so NP.
He was never seen again, so great example of a dreamer with nothing else to do but waste your time.

rockits

785 posts

163 months

Saturday 12th December 2020
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OSMojo said:
Yes I was wrong, you just need to have added a CC. So it's worse, complete dip sticks can comment on a £130k car they have no intention to bid on.
I think only people who are bidding should be able to make comments. I had one plonker, asking me so many questions 'is it 2wd?' 'does it have abs?' (do your basic research for goodness sake, don't you even know anything about the model of car you are allegedly interested in? )

Then he asked 15 more questions, all of which were answered in the detailed CC description he couldn't be bothered to read. what else do I need to do? bring up his wind and burp him?

Then with 15 minutes to go he popped in again "One last question, THEN I'LL BID, I am 6ft2, will I fit?" So I explained I am 6ft 1 and fit with plenty of room, so NP.
He was never seen again, so great example of a dreamer with nothing else to do but waste your time.
Yes, it is tricky to get the balance right. You want people to ask questions and generate interest but not people wasting everyone's time. If you had to bid to comment then really anyone could place a low bid with no intention of buying. I guess as it is sees the balance just accepting there may be a few numpties asking silly questions. Maybe CC should ban the ones not bidding and asking loads of questions as clearly they are just wasting people's time.

I registered to bid on a traditional online car auction site (can't remember the name) a while back until the point they asked for something like £1500 upfront on my card to progress to be able to bid. I didn't continue and haven't been back there since.

I guess you are going to get these comments, calls or e-mails when selling a car with all mediums like this. Unless you take the hit and got to WBAC or the likes, or trade it in at a dealer against something else.

SFTWend

851 posts

76 months

Saturday 12th December 2020
quotequote all
rockits said:
Agreed. I was interested and bid on the Chimaera 450 SC that ended last night. However, I stopped bidding and made no further bids as I just can't get my head round it as a buyer. It just doesn't work for me as a buyer. Like many have said there are too many issues.

For this Chimaera I would have needed to do a 12 hour round trip and a day out of my time I can' afford to lose at the moment. In order to view a car I can't actually buy. Then I bid on it and get outbid by someone who wants to over pay for a car and I've wasted my time. Or I take a chance and bid on it blind however the downsides/risks far outweigh the upsides/benefits.

So in essence I couldn't really buy the car. Although I have spent many many hours wasting my time on research and due diligence on this car this week. Just far too much risk and time wasted as a buyer. If it were a normal private sale ad I can view the car, decide if I want it, do a deal with the seller, pay for the car and drive it away. No complications. You can't even really get a PPI done as you could be throwing say £500 in the bin on a car you might not even buy as get outbid.

Not sure I would ever buy a car on CC but I am thinking about selling my Chimaera 500 on there though as it makes much more sense as a seller.

I wonder if a good thing to do as seller to achieve the best price on a good car is to get an independent PPI completed at your cost and add to the listing. Gives a buyer real good piece mind and being honest about the car warts and all. Would work well on my Chimaera 500 I think as it had a full body off restoration a couple of years ago so has much more good things than any things not so good.
Dean, dont waste your money paying for a PPI before putting on CC. Cars appear to achieve much better prices on CC than AT, PH etc so no need. Include plenty of rebuild pics and you're all set.

Totally agree with you from a buyers perspective. Why pay for a PPI and/or travel a long way to view a car when you have no idea what the purchase price is likely to be. As said before, brilliant platform for sellers though.

jtremlett

1,378 posts

223 months

Saturday 12th December 2020
quotequote all
rockits said:
OSMojo said:
Yes I was wrong, you just need to have added a CC. So it's worse, complete dip sticks can comment on a £130k car they have no intention to bid on.
I think only people who are bidding should be able to make comments. I had one plonker, asking me so many questions 'is it 2wd?' 'does it have abs?' (do your basic research for goodness sake, don't you even know anything about the model of car you are allegedly interested in? )

Then he asked 15 more questions, all of which were answered in the detailed CC description he couldn't be bothered to read. what else do I need to do? bring up his wind and burp him?

Then with 15 minutes to go he popped in again "One last question, THEN I'LL BID, I am 6ft2, will I fit?" So I explained I am 6ft 1 and fit with plenty of room, so NP.
He was never seen again, so great example of a dreamer with nothing else to do but waste your time.
Yes, it is tricky to get the balance right. You want people to ask questions and generate interest but not people wasting everyone's time. If you had to bid to comment then really anyone could place a low bid with no intention of buying. I guess as it is sees the balance just accepting there may be a few numpties asking silly questions. Maybe CC should ban the ones not bidding and asking loads of questions as clearly they are just wasting people's time.

I registered to bid on a traditional online car auction site (can't remember the name) a while back until the point they asked for something like £1500 upfront on my card to progress to be able to bid. I didn't continue and haven't been back there since.

I guess you are going to get these comments, calls or e-mails when selling a car with all mediums like this. Unless you take the hit and got to WBAC or the likes, or trade it in at a dealer against something else.
I don't see the issue. On the US Bring-A-Trailer site anyone can comment and that seems to work well. As a seller, if the question is stupid or already answered then just ignore it or refer to where the answer is. I think it probably helps on BaT that if anyone can comment then the seller doesn't need to respond to stupid or already answered questions because someone else will do it for them - and also any comment can be marked as unhelpful.

rockits

785 posts

163 months

Sunday 13th December 2020
quotequote all
It is good to see that CC read this thread and hopefully listen to the comments potential buyers are making. It is free extremely constructive criticism and if it were business I would be reacting and acting on it. With less or no buyers you have no business. Obviously sellers are important as you don't have a product but no buyers and there is no business.

I am not alone and know many many people on car forums and people I talk to that say the same things. As a buyer it is heavily flawed.

It does concern me a little as a potential seller as well. If enough of the right buyers aren't there to buy my car or a decent price isn't achieved it then becomes kind of pointless.

fridaypassion

8,586 posts

229 months

Sunday 13th December 2020
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To be fair a lot of the comments on here that are negative towards CC are from people that could never buy from an auction. They guys that want to have half a day pouring over the car and go away and think about it. The guys that have owned the same old MG or TVR for 18 years. They will never buy another car even if they like to have a look on the classifieds they are incapable of making a decision as great as this without months of too and fro and the auction method requires assertive strong decision making!

rockits

785 posts

163 months

Sunday 13th December 2020
quotequote all
fridaypassion said:
To be fair a lot of the comments on here that are negative towards CC are from people that could never buy from an auction. They guys that want to have half a day pouring over the car and go away and think about it. The guys that have owned the same old MG or TVR for 18 years. They will never buy another car even if they like to have a look on the classifieds they are incapable of making a decision as great as this without months of too and fro and the auction method requires assertive strong decision making!
I'm not sure how you can say that to be honest without any fact behind this at all. You are merely just guessing really.

I've bought plenty of cars from physical auctions, online auctions, trade sites, private sales, dealers so pretty much any which way you can buy or sell a car. I have no vested interest in CC and don't really care if they succeed or fail quite honestly. All I can offer is my opinion as a potential buyer and a potential seller.

I have no idea how many cars I have had, bought and sold over my 48 years on this planet but I know it is a few. To give some context well over 100. I might surprise myself if I tried to add them up!

Everybody is entitled to their opinion and can say whatever they feel about any topic discussed. It is irrelevant if they are going to be a buyer or a seller really. People and/or CC don't have to listen to any of this at all. It is purely optional.

I bid on the TVR Chimaera 450 SC that ended on Friday night as was very interested in buying it. I was not comfortable to place a blind bid at the level I would have been prepared to pay for the car. Ironically my top price was higher than the price it sold for. I can't afford to waste my time viewing or paying for a PPI on a car that I can't buy there and then. I also can't bid top money for a car that I am buying blind. Therefore the way the platform works as a buyer meant I could not buy this car at the price I would have been prepared to pay. At a silly cheap steal of a price I would have taken a punt. Anything more than that is just plain gambling really and I am a rubbish gambler!

bennno

11,666 posts

270 months

Sunday 13th December 2020
quotequote all
rockits said:
I'm not sure how you can say that to be honest without any fact behind this at all. You are merely just guessing really.

I've bought plenty of cars from physical auctions, online auctions, trade sites, private sales, dealers so pretty much any which way you can buy or sell a car. I have no vested interest in CC and don't really care if they succeed or fail quite honestly. All I can offer is my opinion as a potential buyer and a potential seller.

I have no idea how many cars I have had, bought and sold over my 48 years on this planet but I know it is a few. To give some context well over 100. I might surprise myself if I tried to add them up!

Everybody is entitled to their opinion and can say whatever they feel about any topic discussed. It is irrelevant if they are going to be a buyer or a seller really. People and/or CC don't have to listen to any of this at all. It is purely optional.

I bid on the TVR Chimaera 450 SC that ended on Friday night as was very interested in buying it. I was not comfortable to place a blind bid at the level I would have been prepared to pay for the car. Ironically my top price was higher than the price it sold for. I can't afford to waste my time viewing or paying for a PPI on a car that I can't buy there and then. I also can't bid top money for a car that I am buying blind. Therefore the way the platform works as a buyer meant I could not buy this car at the price I would have been prepared to pay. At a silly cheap steal of a price I would have taken a punt. Anything more than that is just plain gambling really and I am a rubbish gambler!
You raise a really good point, although I went to the classic auction at Ascot on Saturday, there was some shocking stuff going on. Worst was a classic 911 turbo, which a cursory check showed had been the recipient of a 100,000 mile haircut. It also came with a recent service from a respected specialist, I called them and they unofficially shared the car needed a full engine rebuild and the owner was aware. There was a e63 with a full Mercedes history with collapsed rear suspension....

At least with a normal auction BCA the cars are independently inspected, you can hear them running and they warrant the mechanical condition for 72 hours etc......


rockits

785 posts

163 months

Sunday 13th December 2020
quotequote all
bennno said:
You raise a really good point, although I went to the classic auction at Ascot on Saturday, there was some shocking stuff going on. Worst was a classic 911 turbo, which a cursory check showed had been the recipient of a 100,000 mile haircut. It also came with a recent service from a respected specialist, I called them and they unofficially shared the car needed a full engine rebuild and the owner was aware. There was a e63 with a full Mercedes history with collapsed rear suspension....

At least with a normal auction BCA the cars are independently inspected, you can hear them running and they warrant the mechanical condition for 72 hours etc......
Agreed. Pretty shocking what some are like these days. I always try to live my life with one simple rule amongst a couple of others. If I can lay my head on my pillow at night and sleep easy without no worries then I am fine with the way I have conducted myself. I can't ask more of myself than that.

Seems to be the way many in the world are going and conducting themselves. Many only look after number one and care about number one. I'm too honest to try to pull a fast one on anyone. If someone asks me a question I am just honest with the answer. It often can work out fine as if the buyer knows you are being honest and have raised anything you feel is an issue with a car they are less likely to be suspicious you are holding stuff back. I would rather not have a knock at my door or worry about looking over my shoulder all my life.

It is weird as you say that a traditional auction you can see the car, see/hear it running in so better than buying completely blind. As we all know sometimes there is a good reason someone is selling a car.

GT3Manthey

4,530 posts

50 months

Thursday 17th December 2020
quotequote all
rockits said:
It is good to see that CC read this thread and hopefully listen to the comments potential buyers are making. It is free extremely constructive criticism and if it were business I would be reacting and acting on it. With less or no buyers you have no business. Obviously sellers are important as you don't have a product but no buyers and there is no business.

I am not alone and know many many people on car forums and people I talk to that say the same things. As a buyer it is heavily flawed.

It does concern me a little as a potential seller as well. If enough of the right buyers aren't there to buy my car or a decent price isn't achieved it then becomes kind of pointless.
You'll find as a seller you are hounded to reduce the reserve the closer you get to the end of the auction presumably as the bid isnt that far away and they just want to make a sale.

I get the sales tactics but it happens on just about every sale to every seller.......

RUNDLL

154 posts

121 months

Thursday 17th December 2020
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The manual 612 Scag has failed to sell twice now. Can't remember the price first time around but latest auction ended at £90k plus fee's. Tbf, it's a 2005, doesn't look very well looked after either. The seller seems to be holding out for a fair old wedge... Can only guess he paid a lot for it himself. "It's an appreciating classic sir, don't worry it'll be free motoring!" Personally if it were mine, I would have driven it, enjoyed it, and moved it on at the price recently achieved.

Anyone on here bid on it?

https://collectingcars.com/for-sale/2005-ferrari-6...

Drclarke

1,185 posts

174 months

Thursday 17th December 2020
quotequote all
RUNDLL said:
The manual 612 Scag has failed to sell twice now. Can't remember the price first time around but latest auction ended at £90k plus fee's. Tbf, it's a 2005, doesn't look very well looked after either. The seller seems to be holding out for a fair old wedge... Can only guess he paid a lot for it himself. "It's an appreciating classic sir, don't worry it'll be free motoring!" Personally if it were mine, I would have driven it, enjoyed it, and moved it on at the price recently achieved.

Anyone on here bid on it?

https://collectingcars.com/for-sale/2005-ferrari-6...
So why on earth did the owner put it in again? Fool me once etc !

Petrus1983

8,775 posts

163 months

Thursday 17th December 2020
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Drclarke said:
So why on earth did the owner put it in again? Fool me once etc !
What was the top bid?

Drclarke

1,185 posts

174 months

Thursday 17th December 2020
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Petrus1983 said:
What was the top bid?
Think we can presume it’s way below what they promised the owner

Petrus1983

8,775 posts

163 months

Thursday 17th December 2020
quotequote all
Drclarke said:
Petrus1983 said:
What was the top bid?
Think we can presume it’s way below what they promised the owner
Thanks for the clarification laugh

GT4RS

4,441 posts

198 months

Thursday 17th December 2020
quotequote all
Drclarke said:
RUNDLL said:
The manual 612 Scag has failed to sell twice now. Can't remember the price first time around but latest auction ended at £90k plus fee's. Tbf, it's a 2005, doesn't look very well looked after either. The seller seems to be holding out for a fair old wedge... Can only guess he paid a lot for it himself. "It's an appreciating classic sir, don't worry it'll be free motoring!" Personally if it were mine, I would have driven it, enjoyed it, and moved it on at the price recently achieved.

Anyone on here bid on it?

https://collectingcars.com/for-sale/2005-ferrari-6...
So why on earth did the owner put it in again? Fool me once etc !
Surely 90k was a good bid for a black used 30k miles 612?

The Eric Clapton car was the 612 to buy and not a lot more money considering, makes this one look expensive
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