Collecting Cars auction results
Discussion
bennno said:
So heres my personal experience
- Agree to list car, with reserve
- When car is 3k below reserve I get asked to remove reserve as car will then do better and CC offer to underwrite that they will guarantee i'm no worse than 1k lower than initial reserve. Nothing untoward in their t&c's say they can use their fee to do this.
- By pure chance a bid then comes in at value they offered to underwrite it at, from somebody bidding on 4-5 cars simultaneously. oddly and unexpectedly it then sits for 6 days with no further bids.
- On completion im very suprised to be told the winning buyer is in Hong Kong / China and given a partial telephone number and Gmail address. Oddly t&c's say site only to be used in specific countries and HK / China not on list. Sale suddenly seems much higher risk profile.
- Zero contact from buyer / no response from any emails now for almost 48 hours post sale.
- Speak to CC who suggest they also can't call him, are in dialogue via email, he's now not sure he wants it, but the general gist is as they want their 6% fee irrespective and I need to wait 7 days. If I sell elsewhere and withdraw from this debacle then they will bill me the sale fee.
- Seems if he doesn't complete they just pocket the full sales fee and as a seller tie your car up for an extra week with no sale.
Further updates to follow......
Was the "buyer's" email address edward.wovett@gmail.cn? I hear he's kind of a big deal (in China).- Agree to list car, with reserve
- When car is 3k below reserve I get asked to remove reserve as car will then do better and CC offer to underwrite that they will guarantee i'm no worse than 1k lower than initial reserve. Nothing untoward in their t&c's say they can use their fee to do this.
- By pure chance a bid then comes in at value they offered to underwrite it at, from somebody bidding on 4-5 cars simultaneously. oddly and unexpectedly it then sits for 6 days with no further bids.
- On completion im very suprised to be told the winning buyer is in Hong Kong / China and given a partial telephone number and Gmail address. Oddly t&c's say site only to be used in specific countries and HK / China not on list. Sale suddenly seems much higher risk profile.
- Zero contact from buyer / no response from any emails now for almost 48 hours post sale.
- Speak to CC who suggest they also can't call him, are in dialogue via email, he's now not sure he wants it, but the general gist is as they want their 6% fee irrespective and I need to wait 7 days. If I sell elsewhere and withdraw from this debacle then they will bill me the sale fee.
- Seems if he doesn't complete they just pocket the full sales fee and as a seller tie your car up for an extra week with no sale.
Further updates to follow......
Breaking news - auction site has a small percentage of transactions marred by either a dodgy buyer or dodgy seller.
In other news - a bear shat in the woods.
If the T&Cs state 7 day lock up , and he signed them , then why the frothy Daily Mail response?
All this anger towards a business. Very odd - go set up your own and do better?
Generally only unhappy customers will be on this thread to complain, distorting the overall picture.
In other news - a bear shat in the woods.
If the T&Cs state 7 day lock up , and he signed them , then why the frothy Daily Mail response?
All this anger towards a business. Very odd - go set up your own and do better?
Generally only unhappy customers will be on this thread to complain, distorting the overall picture.
OldAndTired said:
Breaking news - auction site has a small percentage of transactions marred by either a dodgy buyer or dodgy seller.
In other news - a bear shat in the woods.
If the T&Cs state 7 day lock up , and he signed them , then why the frothy Daily Mail response?
All this anger towards a business. Very odd - go set up your own and do better?
Generally only unhappy customers will be on this thread to complain, distorting the overall picture.
I guess you live and learn. Car now not sold as foreign buyer suggesting he didn't understand advert. Same Chinese buyer bidding on 5-6 other cars also presently but not removed from site.In other news - a bear shat in the woods.
If the T&Cs state 7 day lock up , and he signed them , then why the frothy Daily Mail response?
All this anger towards a business. Very odd - go set up your own and do better?
Generally only unhappy customers will be on this thread to complain, distorting the overall picture.
My bad for not reading t&c's and interpreting it as car can sell, but buyer under no obligation to pay anything or even respond to a vendor for 7 days.
My bad also for reading that site can only be used by those in specific countries, but not realising its really a global platform and buyers from anywhere can use it and you have no right to veto even if high risk profile.
I don't consider the above Daily Mail and frothy, just useful information for potential vendors to be mindful of. Can be easily fixed with sensible adjustment of terms.
I don’t think anyone is being as dramatic and frothy mouthed as you would like. But there does seem to be a lot of irregular occurrences on there, just like eBay. So it’s not isolated to any in particular of the car orientated selling platforms.
Having Top Gears Chris Harris on the books promoting any car they were trying to sell did them no harm in the beginning but as these sites grow and start to unravel
it then reflects on these so called social media influencers.
Having Top Gears Chris Harris on the books promoting any car they were trying to sell did them no harm in the beginning but as these sites grow and start to unravel
it then reflects on these so called social media influencers.
jw673 said:
bennno said:
So heres my personal experience
- Agree to list car, with reserve
- When car is 3k below reserve I get asked to remove reserve as car will then do better and CC offer to underwrite that they will guarantee i'm no worse than 1k lower than initial reserve. Nothing untoward in their t&c's say they can use their fee to do this.
- By pure chance a bid then comes in at value they offered to underwrite it at, from somebody bidding on 4-5 cars simultaneously. oddly and unexpectedly it then sits for 6 days with no further bids.
- On completion im very suprised to be told the winning buyer is in Hong Kong / China and given a partial telephone number and Gmail address. Oddly t&c's say site only to be used in specific countries and HK / China not on list. Sale suddenly seems much higher risk profile.
- Zero contact from buyer / no response from any emails now for almost 48 hours post sale.
- Speak to CC who suggest they also can't call him, are in dialogue via email, he's now not sure he wants it, but the general gist is as they want their 6% fee irrespective and I need to wait 7 days. If I sell elsewhere and withdraw from this debacle then they will bill me the sale fee.
- Seems if he doesn't complete they just pocket the full sales fee and as a seller tie your car up for an extra week with no sale.
Further updates to follow......
Was the "buyer's" email address edward.wovett@gmail.cn? I hear he's kind of a big deal (in China).- Agree to list car, with reserve
- When car is 3k below reserve I get asked to remove reserve as car will then do better and CC offer to underwrite that they will guarantee i'm no worse than 1k lower than initial reserve. Nothing untoward in their t&c's say they can use their fee to do this.
- By pure chance a bid then comes in at value they offered to underwrite it at, from somebody bidding on 4-5 cars simultaneously. oddly and unexpectedly it then sits for 6 days with no further bids.
- On completion im very suprised to be told the winning buyer is in Hong Kong / China and given a partial telephone number and Gmail address. Oddly t&c's say site only to be used in specific countries and HK / China not on list. Sale suddenly seems much higher risk profile.
- Zero contact from buyer / no response from any emails now for almost 48 hours post sale.
- Speak to CC who suggest they also can't call him, are in dialogue via email, he's now not sure he wants it, but the general gist is as they want their 6% fee irrespective and I need to wait 7 days. If I sell elsewhere and withdraw from this debacle then they will bill me the sale fee.
- Seems if he doesn't complete they just pocket the full sales fee and as a seller tie your car up for an extra week with no sale.
Further updates to follow......
ferrisbueller said:
bennno said:
ferrisbueller said:
I assume you get to talk to the second highest bidder then?
Theyve now supposedly moved on/ bought and were 2k below its market value.bennno said:
ferrisbueller said:
bennno said:
ferrisbueller said:
I assume you get to talk to the second highest bidder then?
Theyve now supposedly moved on/ bought and were 2k below its market value.As soon as I was outbid I called my local Toyota dealer again.
They called me today with a cancelled order, so I guess they'll be a few available here and there.
bennno said:
So heres my personal experience
- Agree to list car, with reserve
- When car is 3k below reserve I get asked to remove reserve as car will then do better and CC offer to underwrite that they will guarantee i'm no worse than 1k lower than initial reserve. Nothing untoward in their t&c's say they can use their fee to do this.
- By pure chance a bid then comes in at value they offered to underwrite it at, from somebody bidding on 4-5 cars simultaneously. oddly and unexpectedly it then sits for 6 days with no further bids.
- On completion im very suprised to be told the winning buyer is in Hong Kong / China and given a partial telephone number and Gmail address. Oddly t&c's say site only to be used in specific countries and HK / China not on list. Sale suddenly seems much higher risk profile.
- Zero contact from buyer / no response from any emails now for almost 48 hours post sale.
- Speak to CC who suggest they also can't call him, are in dialogue via email, he's now not sure he wants it, but the general gist is as they want their 6% fee irrespective and I need to wait 7 days. If I sell elsewhere and withdraw from this debacle then they will bill me the sale fee.
- Seems if he doesn't complete they just pocket the full sales fee and as a seller tie your car up for an extra week with no sale.
Further updates to follow......
You're not the only one, a few more have experienced the same, including another guy on here with the red Diablo that had the same experience as you, though the supposed buer was in the UK.- Agree to list car, with reserve
- When car is 3k below reserve I get asked to remove reserve as car will then do better and CC offer to underwrite that they will guarantee i'm no worse than 1k lower than initial reserve. Nothing untoward in their t&c's say they can use their fee to do this.
- By pure chance a bid then comes in at value they offered to underwrite it at, from somebody bidding on 4-5 cars simultaneously. oddly and unexpectedly it then sits for 6 days with no further bids.
- On completion im very suprised to be told the winning buyer is in Hong Kong / China and given a partial telephone number and Gmail address. Oddly t&c's say site only to be used in specific countries and HK / China not on list. Sale suddenly seems much higher risk profile.
- Zero contact from buyer / no response from any emails now for almost 48 hours post sale.
- Speak to CC who suggest they also can't call him, are in dialogue via email, he's now not sure he wants it, but the general gist is as they want their 6% fee irrespective and I need to wait 7 days. If I sell elsewhere and withdraw from this debacle then they will bill me the sale fee.
- Seems if he doesn't complete they just pocket the full sales fee and as a seller tie your car up for an extra week with no sale.
Further updates to follow......
Moderator edit: no potentially defamatory comments please; we don't allow naming & shaming
bennno said:
ferrisbueller said:
I assume you get to talk to the second highest bidder then?
Theyve now supposedly moved on/ bought and were 2k below its market value.To place a bid you have to register a credit card so I assume winning bidder has paid 6% fee. Perhaps CC will share the fee with you by way of compensation!
Trevor555 said:
I had a little bid on your car.
As soon as I was outbid I called my local Toyota dealer again.
They called me today with a cancelled order, so I guess they'll be a few available here and there.
I think there's the odd cancelled one, but quite few and they go quickly. What have you bought?As soon as I was outbid I called my local Toyota dealer again.
They called me today with a cancelled order, so I guess they'll be a few available here and there.
bennno said:
Trevor555 said:
I had a little bid on your car.
As soon as I was outbid I called my local Toyota dealer again.
They called me today with a cancelled order, so I guess they'll be a few available here and there.
I think there's the odd cancelled one, but quite few and they go quickly. What have you bought?As soon as I was outbid I called my local Toyota dealer again.
They called me today with a cancelled order, so I guess they'll be a few available here and there.
Did you test drive both?
Mine won't go near a race track, it'll be an occasional daily for me and the missus. And I'm not bothered about residuals as I'll not be selling it anytime soon. I'm sure my daughter will want it when I'm done.
Sorry to hear of your experience with CC, hopefully they'll block that bidder, frustrating for all parties.
bennno said:
So heres my personal experience
- Agree to list car, with reserve
- When car is 3k below reserve I get asked to remove reserve as car will then do better and CC offer to underwrite that they will guarantee i'm no worse than 1k lower than initial reserve. Nothing untoward in their t&c's say they can use their fee to do this.
- By pure chance a bid then comes in at value they offered to underwrite it at, from somebody bidding on 4-5 cars simultaneously. oddly and unexpectedly it then sits for 6 days with no further bids.
- On completion im very suprised to be told the winning buyer is in Hong Kong / China and given a partial telephone number and Gmail address. Oddly t&c's say site only to be used in specific countries and HK / China not on list. Sale suddenly seems much higher risk profile.
- Zero contact from buyer / no response from any emails now for almost 48 hours post sale.
- Speak to CC who suggest they also can't call him, are in dialogue via email, he's now not sure he wants it, but the general gist is as they want their 6% fee irrespective and I need to wait 7 days. If I sell elsewhere and withdraw from this debacle then they will bill me the sale fee.
- Seems if he doesn't complete they just pocket the full sales fee and as a seller tie your car up for an extra week with no sale.
Further updates to follow......
This prompts so many questions. One would be about the -buyer bidding on 5 cars simultaneously. Did they happen to bid in the same pattern on the others - [enough to get a 6% fee for CC] * [never actually bought one] ? - Agree to list car, with reserve
- When car is 3k below reserve I get asked to remove reserve as car will then do better and CC offer to underwrite that they will guarantee i'm no worse than 1k lower than initial reserve. Nothing untoward in their t&c's say they can use their fee to do this.
- By pure chance a bid then comes in at value they offered to underwrite it at, from somebody bidding on 4-5 cars simultaneously. oddly and unexpectedly it then sits for 6 days with no further bids.
- On completion im very suprised to be told the winning buyer is in Hong Kong / China and given a partial telephone number and Gmail address. Oddly t&c's say site only to be used in specific countries and HK / China not on list. Sale suddenly seems much higher risk profile.
- Zero contact from buyer / no response from any emails now for almost 48 hours post sale.
- Speak to CC who suggest they also can't call him, are in dialogue via email, he's now not sure he wants it, but the general gist is as they want their 6% fee irrespective and I need to wait 7 days. If I sell elsewhere and withdraw from this debacle then they will bill me the sale fee.
- Seems if he doesn't complete they just pocket the full sales fee and as a seller tie your car up for an extra week with no sale.
Further updates to follow......
kevinon said:
This prompts so many questions. One would be about the -buyer bidding on 5 cars simultaneously. Did they happen to bid in the same pattern on the others - [enough to get a 6% fee for CC] * [never actually bought one] ?
This is very true, a organised nside shill bidder?Could Chris Harris address this on his social media? no we thought not.
Stryke said:
bennno said:
So heres my personal experience
- Agree to list car, with reserve
- When car is 3k below reserve I get asked to remove reserve as car will then do better and CC offer to underwrite that they will guarantee i'm no worse than 1k lower than initial reserve. Nothing untoward in their t&c's say they can use their fee to do this.
- By pure chance a bid then comes in at value they offered to underwrite it at, from somebody bidding on 4-5 cars simultaneously. oddly and unexpectedly it then sits for 6 days with no further bids.
- On completion im very suprised to be told the winning buyer is in Hong Kong / China and given a partial telephone number and Gmail address. Oddly t&c's say site only to be used in specific countries and HK / China not on list. Sale suddenly seems much higher risk profile.
- Zero contact from buyer / no response from any emails now for almost 48 hours post sale.
- Speak to CC who suggest they also can't call him, are in dialogue via email, he's now not sure he wants it, but the general gist is as they want their 6% fee irrespective and I need to wait 7 days. If I sell elsewhere and withdraw from this debacle then they will bill me the sale fee.
- Seems if he doesn't complete they just pocket the full sales fee and as a seller tie your car up for an extra week with no sale.
Further updates to follow......
You're not the only one, a few more have experienced the same, including another guy on here with the red Diablo that had the same experience as you, though the supposed buer was in the UK.- Agree to list car, with reserve
- When car is 3k below reserve I get asked to remove reserve as car will then do better and CC offer to underwrite that they will guarantee i'm no worse than 1k lower than initial reserve. Nothing untoward in their t&c's say they can use their fee to do this.
- By pure chance a bid then comes in at value they offered to underwrite it at, from somebody bidding on 4-5 cars simultaneously. oddly and unexpectedly it then sits for 6 days with no further bids.
- On completion im very suprised to be told the winning buyer is in Hong Kong / China and given a partial telephone number and Gmail address. Oddly t&c's say site only to be used in specific countries and HK / China not on list. Sale suddenly seems much higher risk profile.
- Zero contact from buyer / no response from any emails now for almost 48 hours post sale.
- Speak to CC who suggest they also can't call him, are in dialogue via email, he's now not sure he wants it, but the general gist is as they want their 6% fee irrespective and I need to wait 7 days. If I sell elsewhere and withdraw from this debacle then they will bill me the sale fee.
- Seems if he doesn't complete they just pocket the full sales fee and as a seller tie your car up for an extra week with no sale.
Further updates to follow......
Moderator edit: no potentially defamatory comments please; we don't allow naming & shaming
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