Collecting Cars auction results

Collecting Cars auction results

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Stryke

635 posts

162 months

Saturday 16th January 2021
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Still for sale. Saw it in the classifieds a few days back.

Stryke

635 posts

162 months

Sunday 17th January 2021
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https://collectingcars.com/for-sale/1967-ford-must...

Interesting one. Ready the latest comment by the seller (sad to read).

Surely in these circumstances any company would remove the vehicle from sale until the ownership status is resolved. Otherwise auction will end, CC will collect their fees and the buyer will be left in the dark for months (and knowing how probate works could be much longer than 4 months).

bennno

11,633 posts

269 months

Sunday 17th January 2021
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Stryke said:
https://collectingcars.com/for-sale/1967-ford-must...

Interesting one. Ready the latest comment by the seller (sad to read).

Surely in these circumstances any company would remove the vehicle from sale until the ownership status is resolved. Otherwise auction will end, CC will collect their fees and the buyer will be left in the dark for months (and knowing how probate works could be much longer than 4 months).
You’d assume CC would ask to view the v5 to check it’s in the sellers name.

If I’d submitted the bid prior to that (hugely sad) but material notification then you’d expect to be given an option to withdraw it.

Cheib

23,240 posts

175 months

Sunday 17th January 2021
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bennno said:
Stryke said:
https://collectingcars.com/for-sale/1967-ford-must...

Interesting one. Ready the latest comment by the seller (sad to read).

Surely in these circumstances any company would remove the vehicle from sale until the ownership status is resolved. Otherwise auction will end, CC will collect their fees and the buyer will be left in the dark for months (and knowing how probate works could be much longer than 4 months).
You’d assume CC would ask to view the v5 to check it’s in the sellers name.

If I’d submitted the bid prior to that (hugely sad) but material notification then you’d expect to be given an option to withdraw it.
V5 means someone is the Registered Keeper, ownership is different.

e.g. If you buy a car on finance you don’t own the car until you have paid all the finance but you are the registered keeper.

So in this case the seller and his Dad can both own the car but it could be registered in the seller’s name. Although I have no idea what the rules are now but when my father died in the early 90’s we sold his car during probate.

Stryke

635 posts

162 months

Sunday 17th January 2021
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V5 doesn’t prove ownership.

bennno

11,633 posts

269 months

Sunday 17th January 2021
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Stryke said:
V5 doesn’t prove ownership.
Agreed, but it does show if a car is being sold by its registered keeper, or somebody else / a trader

jtremlett

1,375 posts

222 months

Sunday 17th January 2021
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Cheib said:
...Although I have no idea what the rules are now but when my father died in the early 90’s we sold his car during probate.
Yes, you can sell a car during probate although it may depend on what the will says and if the car is explicitly mentioned or just part of the estate.

Stryke

635 posts

162 months

Sunday 17th January 2021
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Stryke said:
https://collectingcars.com/for-sale/1967-ford-must...

Interesting one. Ready the latest comment by the seller (sad to read).

Surely in these circumstances any company would remove the vehicle from sale until the ownership status is resolved. Otherwise auction will end, CC will collect their fees and the buyer will be left in the dark for months (and knowing how probate works could be much longer than 4 months).
Ok seems CC did the right thing and removed it, it’s withdrawn.

majordad

3,601 posts

197 months

Monday 18th January 2021
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What was the sad comment made by the seller, it’s not visible now ? I’d been keeping an eye on that car, it looked nice.

Driver101

14,376 posts

121 months

Monday 18th January 2021
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majordad said:
What was the sad comment made by the seller, it’s not visible now ? I’d been keeping an eye on that car, it looked nice.
Along the lines of his dad has just died and they were joint owners of the car. He wouldn't have the rights to sell the car immediately and it could take months to resolve.

Regy53

264 posts

131 months

Tuesday 19th January 2021
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What do we think that will sell for.. I love it

CarreraLightweightRacing

2,011 posts

209 months

Wednesday 20th January 2021
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A 600LT with only 1000miles has just ended at £122,500. This seems quite a good price to me. Is this the current market price for these cars?

anonymous-user

54 months

Wednesday 20th January 2021
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CarreraLightweightRacing said:
A 600LT with only 1000miles has just ended at £122,500. This seems quite a good price to me. Is this the current market price for these cars?
Add another £6K ontop for CC commission and it’s not far off what you can buy direct from a McLaren main dealership. At least if bought from a dealership there is a minimum 1 year warranty (possibly more if negotiable) and the all important statutory cover of the CRA2015 in the event of car being faulty and rejection invoked.

Doesn’t sound like a great deal, but maybe couple of grand saved. Not sure if I would chance buying high price car privately without the cover of CRA2015. Would need to be a big saving to justify.

bennno

11,633 posts

269 months

Wednesday 20th January 2021
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Don’t get it, that’s just 6k under the full asking price of the 68 plate, 650 mile car at the McLaren main dealer in London.

That gap would be negligible if you factor in a bit of negotiation and main dealer back up + full years warranty.

Wilmslowboy

4,208 posts

206 months

Wednesday 20th January 2021
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CarreraLightweightRacing said:
A 600LT with only 1000miles has just ended at £122,500. This seems quite a good price to me. Is this the current market price for these cars?
Would the buyer get £3k or £4K for the 2nd set of wheels and tyres ?


TP321

1,477 posts

198 months

Wednesday 20th January 2021
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CarreraLightweightRacing said:
A 600LT with only 1000miles has just ended at £122,500. This seems quite a good price to me. Is this the current market price for these cars?
Too close to main dealer pricing/deal to consider buying this off a private seller. Needs to be a least a further £10k cheaper

Rocketreid

626 posts

72 months

Wednesday 20th January 2021
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I see Edward Lovett owner of Collecting Cars has waded into a debate on Facebook about his company. Looks like he is getting a good beating as many disgruntled folks posting how bad CC are

petjam

489 posts

146 months

Wednesday 20th January 2021
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MAC 720S said:
Add another £6K ontop for CC commission and it’s not far off what you can buy direct from a McLaren main dealership. At least if bought from a dealership there is a minimum 1 year warranty (possibly more if negotiable) and the all important statutory cover of the CRA2015 in the event of car being faulty and rejection invoked.

Doesn’t sound like a great deal, but maybe couple of grand saved. Not sure if I would chance buying high price car privately without the cover of CRA2015. Would need to be a big saving to justify.
I agree with MAC, I would go for that one at Mac London for an extra few K and no question marks around adding a warranty.

petjam

489 posts

146 months

Wednesday 20th January 2021
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Rocketreid said:
I see Edward Lovett owner of Collecting Cars has waded into a debate on Facebook about his company. Looks like he is getting a good beating as many disgruntled folks posting how bad CC are
Link?

Rocketreid

626 posts

72 months

Wednesday 20th January 2021
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petjam said:
Link?
Not sure if PH allow this but here goes. Apologies if not allowed


https://m.facebook.com/story.php?story_fbid=280160...
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