New car time auctions?

peter

peter

peter

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Joined
18 Oct 2002
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708
Location
milton keynes
After 13 years the mondeo needs a replacement, I went to the bca auction site at Bedford yesterday. Looking at 320d's a five year old one with 50,000 miles on went through for £7000 . Budget of up to £10,000
They sold about a 100 Volvo V40's all less than a year old top of the range ones tempted but they were £14,000. Volvo dealers purchased the lot of them.
Any suggestions welcome
 
be very careful at auctions - people get carried away and pay way over the odds for a car that you can't test drive before you buy etc.
 
I went yesterday with no intention of buying just to get a feel of what is available . Some of the 320d's are covered with service agreements still running, that also cover mot cost. If anyone can find something ok for £10,000 let me know.
 
peter said:
I went yesterday with no intention of buying just to get a feel of what is available . Some of the 320d's are covered with service agreements still running, that also cover mot cost. If anyone can find something ok for £10,000 let me know.
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Only the ones with under 50k have service packs and I doubt any low mileage sub 5 year old 3 Series is going to be yours for under £10k.
 
Why were 100 V40s less than 12 months at auction? Anyone have any ideas?

Also OP were dealers conpeting against each other or was it just one?
 
All direct from volvo I expect they were company cars. 2 groups 3 in one 2 in the other I wanted to ask if they would not bid on one as it seemed a bit greedy they wanted the lot . they did seem to share the cars between them.Just making money I expect. I was the only member of the public left ( it was very cold )
A 4 year old 523 3.0 se went for £11,600 with 30,000 miles on it should have got that.
 
Yeah, there is the indemnity on top of the bid price remember. And on a motor over £10k, it wouldn't be nothing (£645 ontop of the hammer price on that 523).

I've bought many cars from auction. Never been stung yet. But then I haven't spent that sort of money either. Usually only a few grand.
 
peter said:
A 4 year old 523 3.0 se went for £11,600 with 30,000 miles on it should have got that.
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It would have been older than that as they were discontinued more than 4 years ago.

They are the least desirable model in the range and even nice ones from dealers are not that expensive so that price is hardly amazing.
 
Most probably but it is due an Mot a week after the sale that may put some people off plus I could go a bit higher. Service light showing despite being serviced in November by dealer
 
peter said:
May have a look at this one
https://auctionview.british-car-auc...ge=True&page=1&returnTo=YB62MBF&Source=Search nothing exciting, Service light on but it was done at a dealers in november could be a number of things
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peter said:
Most probably but it is due an Mot a week after the sale that may put some people off plus I could go a bit higher. Service light showing despite being serviced in November by dealer
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You are dreaming if you think that will go for anywhere near £10k. Even it's part x figure is around the £15k mark. It will probably go for £14k-£15k and be sold on a forecourt for at least £17k.

A garage/dealer buying it won't car about the service due and the MOT as they will put it through both themselves for negligible cost then put it on their forecourt. The majority buying at auction are not private individuals like yourself but dealers so you need to think more like them if you are going to try and pick up a bargain.

To put it in perspective even we buy any car will pay £13,200 for the car based on part service history and current mileage and they will be offering less than they can sell it on at auction for!
 
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peter said:
Most probably but it is due an Mot a week after the sale that may put some people off plus I could go a bit higher. Service light showing despite being serviced in November by dealer
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just lol

It's due an MOT because it's a 3 year old car. It will pass without advisories and is still covered by factory warranty.

You are not paying £10k for that.

Abyss said:
To put it in perspective even we buy any car will pay £13,200 for the car based on part service history and current mileage and they will be offering less than they can sell it on at auction for!
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Exactly, especially as WBAC is owned by a major auction house and sources stock for auction..
 
Maybe being more realistic will try to find something else. a runabout £10000 budget 8000 miles a year so does not need to be too economic
did not like the inside of the focus, mondeos are a bit too big now, not a big fan of any vauxhall at the moment, nothing french but otherwise open to suggestions needs to carry 5 occasionally
Wife has a z3 for a fun car and we have a campervan for the odd occasion than loads need to be carried
Even looked at a electric Zoe but they have an 8 month waiting list.
 
Don't buy a car for £10k from auction unless it's direct from one of the lease firms and or still in warranty - that's going to leave you miles away from the types of car you've muted here, especially when fees are taken into account
 
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