Collecting Cars auction results

Collecting Cars auction results

Author
Discussion

PompeyReece

974 posts

47 months

Friday 22nd May
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cayman-black said:
I see we have another performante coming up.
Looks more appealing than the black one IMHO.

av185

12,178 posts

85 months

Friday 22nd May
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cayman-black said:
Pro Bono said:
cayman-black said:
AndyC_123 said:
Performante up to £142k
Might end up £10k less than the main dealer is asking....
Went for £150,500 (+ £6k = £156,500) in the end - https://collectingcars.com/for-sale/2017-lamborghi...
I see we have another performante coming up.
Romans have this 18 18 which you could buy for £160k.

suigeneris

51 posts

76 months

Friday 22nd May
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Am I the only one thinking that many of these cars have actually gone for very strong money. I think people are already expecting to get a bargain with the world currently on pause, are finding something on here with time on their hands and then getting carried away. Many people seem to have suggested elsewhere that the true economic effect of COVID-19 wont realise itself until after government furloughs end, lockdowns end etc which is 3-4 months from now. So really, with a few exceptions (I pointed out the 512BB on a separate thread), the results on CC arent too different from what you would have bought the same cars for 2/3/4 months ago, which means really with lockdown being in place this website could currently (and somewhat ironically) be a "sellers market" to get something gone for reasonable money before things hit the fan in a few months time

Edited by suigeneris on Friday 22 May 16:39

Penrhyn

59 posts

56 months

Friday 22nd May
quotequote all
suigeneris said:
Am I the only one thinking that many of these cars have actually gone for very strong money. I think people are already expecting to get a bargain with the world currently on pause, are finding something on here with time on their hands and then getting carried away. Many people seem to have suggested elsewhere that the true economic effect of COVID-19 wont realise itself until after government furloughs end, lockdowns end etc which is 3-4 months from now. So really, with a few exceptions (I pointed out the 512BB on a separate thread), the results on CC arent too different from what you would have bought the same cars for 2/3/4 months ago, which means really with lockdown being in place this website could currently (and somewhat ironically) be a "sellers market" to get something gone for reasonable money before things hit the fan in a few months time

Edited by suigeneris on Friday 22 May 16:39
Yes l agree so many people with time on their hands has turned what looked like a disaster for car sales into a bonanza for sellers getting really strong money

p1stonhead

23,376 posts

125 months

Friday 22nd May
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£63k for a LHD 599?

No idea if that’s good but looks good on the face of it to me!

cgt2

1,668 posts

146 months

Friday 22nd May
quotequote all
suigeneris said:
Am I the only one thinking that many of these cars have actually gone for very strong money. I think people are already expecting to get a bargain with the world currently on pause, are finding something on here with time on their hands and then getting carried away. Many people seem to have suggested elsewhere that the true economic effect of COVID-19 wont realise itself until after government furloughs end, lockdowns end etc which is 3-4 months from now. So really, with a few exceptions (I pointed out the 512BB on a separate thread), the results on CC arent too different from what you would have bought the same cars for 2/3/4 months ago, which means really with lockdown being in place this website could currently (and somewhat ironically) be a "sellers market" to get something gone for reasonable money before things hit the fan in a few months time

Edited by suigeneris on Friday 22 May 16:39
Spot on. The 599 ended at £63k. Add buyers fee so £69k. Not been serviced in three years so at minimum £5000 spend, quite possibly nearer £10k. There are RHD cars just above £80k, I know a RHD 30k miler just sold for over £80k last week.

Taffy66

4,088 posts

60 months

Friday 22nd May
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Two very determined bidders on plate 993GT which is currently on £36K..Neither wants to give in so this could go very high.!

5LDC

425 posts

137 months

Friday 22nd May
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Taffy66 said:
Two very determined bidders on plate 993GT which is currently on £36K..Neither wants to give in so this could go very high.!
Sold for £7200+fees Nov 2014
Nice touch for someone.

jimmyslr

708 posts

231 months

Friday 22nd May
quotequote all
suigeneris said:
Am I the only one thinking that many of these cars have actually gone for very strong money. I think people are already expecting to get a bargain with the world currently on pause, are finding something on here with time on their hands and then getting carried away. Many people seem to have suggested elsewhere that the true economic effect of COVID-19 wont realise itself until after government furloughs end, lockdowns end etc which is 3-4 months from now. So really, with a few exceptions (I pointed out the 512BB on a separate thread), the results on CC arent too different from what you would have bought the same cars for 2/3/4 months ago, which means really with lockdown being in place this website could currently (and somewhat ironically) be a "sellers market" to get something gone for reasonable money before things hit the fan in a few months time

Edited by suigeneris on Friday 22 May 16:39
I quite agree and posted something similar a week or two back. Once you do the maths the prices seen are more or less trade and not some huge discount. In my mind the pain is yet to come and the more obvious signals are only trickling out in the news such as unemployment numbers, national debt and so on. There is a lot of pain coming.

dom9

7,047 posts

167 months

Friday 22nd May
quotequote all
cgt2 said:
Spot on. The 599 ended at £63k. Add buyers fee so £69k. Not been serviced in three years so at minimum £5000 spend, quite possibly nearer £10k. There are RHD cars just above £80k, I know a RHD 30k miler just sold for over £80k last week.
Not a huge difference but it's 6% and not £6k, which is the cap I.e. over £100k, in buyers fees.

dvb247

262 posts

156 months

Friday 22nd May
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totally agree, prices are very much retail if not more, I should put my Range Rover in, can't give it away on the small adds haha

Claret Badger

180 posts

126 months

Friday 22nd May
quotequote all
suigeneris said:
Am I the only one thinking that many of these cars have actually gone for very strong money. I think people are already expecting to get a bargain with the world currently on pause, are finding something on here with time on their hands and then getting carried away. Many people seem to have suggested elsewhere that the true economic effect of COVID-19 wont realise itself until after government furloughs end, lockdowns end etc which is 3-4 months from now. So really, with a few exceptions (I pointed out the 512BB on a separate thread), the results on CC arent too different from what you would have bought the same cars for 2/3/4 months ago, which means really with lockdown being in place this website could currently (and somewhat ironically) be a "sellers market" to get something gone for reasonable money before things hit the fan in a few months time

Edited by suigeneris on Friday 22 May 16:39
Im an art dealer and seeing the same in my field. Prices are strong and in some cases stronger than pre lockdown at (internet) auction. Why? As stated above, a lot of (wealthy) people with too much time on their hands and fewer ways to spend their money. Amazing to see but seems the only logical reason.

Matty3

705 posts

42 months

Friday 22nd May
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The Lambo achieved an excellent result and further confirmation that the trapdoor has not yet opened in the Top car market.

p1stonhead

23,376 posts

125 months

Saturday 23rd May
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offshoreeddy said:
M4 sold on there tonight for £24k + fees, so £25.5k in real money; similar cars listed at dealers for late 20s, can't imagine if you went into a few of them with £25-26k in your hands that you'd walk out without a deal - and a warranty.
Indeed. I’ve been keeping my eye on M4s and there are loads and loads well under £30k on the BMW site.

Cheapest is just under £25k but it’s a 2014 so a bit older.

But I’d pay a couple more grand for a main dealer warranty.

MDL111

4,905 posts

135 months

Saturday 23rd May
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Thought about this some more and given I already take a risk by usually buying cars unseen and without an inspection, I would definitely pay a few k (depending on price, say 5k) more for buying from a dealer which at least affords me some minimum protection.

Agree with the above, prices probably driven by people sitting at home bored and looking forward to enjoying the summer - so a new toy can never be a mistake, esp as the risk of a premature death is probably at the forefront of their minds ‘ at least more present than it was 4 months ago

DevonPaul

704 posts

95 months

Saturday 23rd May
quotequote all
MDL111 said:
Agree with the above, prices probably driven by people sitting at home bored and looking forward to enjoying the summer - so a new toy can never be a mistake, esp as the risk of a premature death is probably at the forefront of their minds ‘ at least more present than it was 4 months ago
I'm hearing quite a bit more "you can't take it with you and the kids won't starve" from my 'over 60' mates who are looking at some purchases more on impulse than necessity.

People aren't going out spending so many have a bit more money, more time to browse the web, and more beer whilst doing it. Internet shoppping is the only way of getting things like this, so online demand has gone up and dealers are closed so their demand is down. Even in a low(ish) cost market my niece makes custom clothes to sell online and at festvals. She has made £6k more profit since lockdown than she did the same period last year - all online as that is her only route to market.

I think there is a storm coming, but Aunty Em doesn't need to call the family in yet.

Cheib

19,374 posts

133 months

Saturday 23rd May
quotequote all
DevonPaul said:
I think there is a storm coming, but Aunty Em doesn't need to call the family in yet.
Yup....we won’t really see the economic reality until the autumn when the government support schemes are markedly scaled back. Although industries directly impacted it’ll be much quicker. :Hertz filed for bankruptcy last night

Pro Bono

280 posts

35 months

Saturday 23rd May
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This could prove expensive if you're looking at it after a few too many beers! drunk

https://collectingcars.com/for-sale/2019-ferrari-4...

As an interesting diversion let's have a guessing game as to the eventual sale price. The final price must include the £6k premium.

I'll kick off with £323,100.

Cheib

19,374 posts

133 months

Saturday 23rd May
quotequote all
That will be very interesting...as will the manual V12 Vantage S.

av185

12,178 posts

85 months

Saturday 23rd May
quotequote all
Pro Bono said:
This could prove expensive if you're looking at it after a few too many beers! drunk

https://collectingcars.com/for-sale/2019-ferrari-4...

As an interesting diversion let's have a guessing game as to the eventual sale price. The final price must include the £6k premium.

I'll kick off with £323,100.
26 Pistas for sale on Autotrader alone.

Reckon anything over £316k inclusive is expensive.