Did he get ripped off?
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Discussion

tbc

Original Poster:

3,017 posts

206 months

Wednesday 27th February 2013
quotequote all
Watching Wheeler Dealers last night which was possibly the most entertaining for a while

Ford Escort MK1

Bought for £4500

Total spend £8500

Sold for a whooping £12k

just can't get my head around it

there are better ones around for £8-9k

Fast Bug

13,657 posts

192 months

Wednesday 27th February 2013
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It's not real, it's tv make believe...

Bear Phils

891 posts

167 months

Wednesday 27th February 2013
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Cars are worth what someone is willing to pay.

CraigyMc

18,372 posts

267 months

Wednesday 27th February 2013
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Bear Phils said:
Cars are worth what someone is willing to pay.
Also, cars in fictional TV programs are worth what fictional characters are willing to pay in fictional money.

Bear Phils

891 posts

167 months

Wednesday 27th February 2013
quotequote all
CraigyMc said:
Bear Phils said:
Cars are worth what someone is willing to pay.
Also, cars in fictional TV programs are worth what fictional characters are willing to pay in fictional money.
The people are real you know, at least one of the purchasers is on here if I remember right.

They can do whatever they went with the rest though.

Snowboy

8,028 posts

182 months

Wednesday 27th February 2013
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Never trust an entertainment tv show.

I wouldn't be suprised if the buyer pays 12k, but then had a 3-4k 'appearance fee' deducted off the price.
TV show looks good, buyer gets car, TV show can expense stuff for tax reasobs.
Everyone is happy.

Thats's assuming it's even a real buyer.

D1bram

1,518 posts

202 months

Wednesday 27th February 2013
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I quite like Wheeler Dealers, didn't see last nights but I assumed the buyers were real as in one episode (one with a landrover) Mike voiced over to say the deal fell through and he ended up having to sell for £250 less.

That particular car went very cheap I thought too.

JohnRS4

304 posts

277 months

Wednesday 27th February 2013
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How total spend never includes any labour costs always amuses me. Every car they have built has sold at a huge loss if these were included.

Devil2575

13,400 posts

219 months

Wednesday 27th February 2013
quotequote all
JohnRS4 said:
How total spend never includes any labour costs always amuses me. Every car they have built has sold at a huge loss if these were included.
When people DIY maintain their own cars do they calculate labour costs when working out how much it is costing them to run?

The whole point of the show is to give an idea of how you can buy a car, work on it yourself and turn a profit. Any work carried out by people other than Ed, such a resprays etc does include labour charges.

mikeveal

5,139 posts

281 months

Wednesday 27th February 2013
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JohnRS4 said:
How total spend never includes any labour costs always amuses me. Every car they have built has sold at a huge loss if these were included.
Neither do they include the wages of the film crew, or the huge profits from the adverts shown in the breaks. Every car they sell makes a small fortune.

Mr Happy

5,898 posts

251 months

Wednesday 27th February 2013
quotequote all
JohnRS4 said:
How total spend never includes any labour costs always amuses me. Every car they have built has sold at a huge loss if these were included.
It's done from the position of an enthusiastic amateur. I dare say the spray job costs factor in paint and labour.

None of the jobs featured are really outside the realm of someone with a bit of time to burn and a desire to do it.

Would you pay yourself to work on your own car, for example?

Strawman

6,463 posts

238 months

Wednesday 27th February 2013
quotequote all
Bear Phils said:
CraigyMc said:
Bear Phils said:
Cars are worth what someone is willing to pay.
Also, cars in fictional TV programs are worth what fictional characters are willing to pay in fictional money.
The people are real you know, at least one of the purchasers is on here if I remember right.

They can do whatever they went with the rest though.
Rarely the actual purchaser is on the show though, that role is usually played by one of the film crew, or friends. In the follow up series they did where they went to see the cars that had been refurbished in previous series, not one of the cars was with the "original buyer" as shown in the programme. Sometimes the cars are sold on Ebay.

Fast Bug

13,657 posts

192 months

Wednesday 27th February 2013
quotequote all
I know someone that 'sold' them a car. We won't talk about the fact that Ed owned the car anyway...

tbc

Original Poster:

3,017 posts

206 months

Wednesday 27th February 2013
quotequote all
I'm not dissing Wheeler Dealers i just thought the guy got taken on paying £12k when Mike was clearly chancing his arm at that price

of course he could advertise it for 50k with a 38k wheeler dealer admin fee

another point that made me feel a bit strange was that during the advert break Edd was plugging Terraclean

http://www.youtube.com/watch?v=ZDTneWlPsTY

the guy knows his stuff but he's selling himself for some cheap marketing

s_zigmond

1,217 posts

217 months

Wednesday 27th February 2013
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The cars often appear on ebay and carsandclassics under attaboy productions account

Meoricin

2,880 posts

200 months

Wednesday 27th February 2013
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Mr Happy said:
It's done from the position of an enthusiastic amateur. I dare say the spray job costs factor in paint and labour.

None of the jobs featured are really outside the realm of someone with a bit of time to burn and a desire to do it.

Would you pay yourself to work on your own car, for example?
Sure, why not? That guy doesn't get enough of a break.

GaryGlitter

2,300 posts

214 months

Wednesday 27th February 2013
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At least they made a profit on the DB7, £38 wasn't it?

CraigyMc

18,372 posts

267 months

Wednesday 27th February 2013
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GaryGlitter said:
At least they made a profit on the DB7, £38 wasn't it?
fictional profit?