Collecting Cars auction results

Collecting Cars auction results

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Drclarke

1,087 posts

137 months

Thursday 10th December 2020
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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.

Jonny TVR

3,751 posts

245 months

Thursday 10th December 2020
quotequote all
Drclarke said:
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 won't work for everyone and in every instance. However I do know when I come to sell for my Ferrari 488 I will sell on their site rather trading it in.

Drclarke

1,087 posts

137 months

Thursday 10th December 2020
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Jonny TVR said:
It won't work for everyone and in every instance. However I do know when I come to sell for my Ferrari 488 I will sell on their site rather trading it in.
That’s fair enough, but from what’s been seen on there cars are not reaching and selling for the money that a dealer would offer for an outright purchase or a huge amount below a realistic private sale. But if you do make sure you set a high reserve and don’t let them bully you into lowering it like they have with others on here.

bennno

7,101 posts

233 months

Thursday 10th December 2020
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Jonny TVR said:
It won't work for everyone and in every instance. However I do know when I come to sell for my Ferrari 488 I will sell on their site rather trading it in.
If it’s Feb timeline then please DM me the detail as I know somebody considering purchase.

Drclarke

1,087 posts

137 months

Thursday 10th December 2020
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bennno said:
If it’s Feb timeline then please DM me the detail as I know somebody considering purchase.
Or just look at what equivalent cars are selling for net to seller on collecting cars, add £6,000 to the price.

Therefore you and a buyer are getting a much better deal
than having to buy from what is nothing more than eBay motors but with ridiculous fees.

Truffles

553 posts

148 months

Friday 11th December 2020
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Anyone know what happened to the Diablo? Was there last night with an £80k bid but not in the sold cars section today.

bennno

7,101 posts

233 months

Friday 11th December 2020
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Truffles said:
Anyone know what happened to the Diablo? Was there last night with an £80k bid but not in the sold cars section today.
Didn’t reach reserve presumably.

RATATTAK

6,867 posts

153 months

Friday 11th December 2020
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bennno said:
Truffles said:
Anyone know what happened to the Diablo? Was there last night with an £80k bid but not in the sold cars section today.
Didn’t reach reserve presumably.
Same with the 997.2 Turbo S ~£60K

f1ten

1,962 posts

117 months

Friday 11th December 2020
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Do we think the trade bought that red f8 tributo? Under list price sale so presumably likely.

ettore

3,116 posts

216 months

Friday 11th December 2020
quotequote all
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.

Ferruccio

1,492 posts

83 months

Friday 11th December 2020
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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

675 posts

126 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

286 posts

39 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

675 posts

126 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

61 posts

39 months

Saturday 12th December 2020
quotequote all
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

675 posts

126 months

Saturday 12th December 2020
quotequote all
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

286 posts

39 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

1,020 posts

186 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

675 posts

126 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

5,471 posts

192 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!
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