📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

BCA Auctions - Access to recent Sale Prices

Options
13

Comments

  • i just signed into bca and the reports are 1st class on cars grading the cars photos looking at cars for sale before even going to the action im watching a few cars going on sale thursday i wonder after there sold do i see the sale price further to your fees quote im sure how i read it if i buy car £7000 fees just over £500 seems steep but if cars are cheap then worth buying
  • motorguy
    motorguy Posts: 22,611 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    thecarpman wrote: »
    i just signed into bca and the reports are 1st class on cars grading the cars photos looking at cars for sale before even going to the action im watching a few cars going on sale thursday i wonder after there sold do i see the sale price further to your fees quote im sure how i read it if i buy car £7000 fees just over £500 seems steep but if cars are cheap then worth buying

    Dont expect them to be cheap. I think you will be quite shocked at what they make. Loads of people like you bidding and the trade fighting for good clean stock. :(
  • many thanks mate i just thought that so many ex lease cars and mobilaty cars need to be sold that theyd go cheap ill keep my eyes on bca cars and autotrader
  • motorguy
    motorguy Posts: 22,611 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    thecarpman wrote: »
    many thanks mate i just thought that so many ex lease cars and mobilaty cars need to be sold that theyd go cheap ill keep my eyes on bca cars and autotrader

    Oh aye, definitely give it a go.

    Also, the ex motability cars in particular that get to auction have already been passed over by main dealers and then their registered traders (used to be one!) so they tend to be less than prestine examples.

    Worth watching for - and factoring in - any reparatory costs.
  • harvest99
    harvest99 Posts: 10 Forumite
    Sixth Anniversary First Post
    I always buy from BCA for all my family, bought many cars over the years. There are a few basic rules to note and adhere to, and you will save money over private and garage prices.
    First sign up to BCA (mine was a free sign up years ago not sure if they make a charge now). This gives you access to all the cars coming up in the next couple of weeks (there are around 12,000 cars at any time). The website gives you the guide prices based on what similar cars with that mileage have gone for recently. This is the info you can use to set your limit before bidding (always have a limit before you start). Every auction I go to there are a mix of trade and private buyers, there is no fixing going on, the private buyers like me know what the trade prices are so no-one gets stung. Go to a couple of auctions and watch (it's an interesting day out). I tend to buy around 3 year old ex fleet cars (all serviced and well looked after). BCA get every car AA tested and a mechanical and condition report shown which you can scrutinise on line. Important the price on the hammer is not the price you pay! for private buyers there is a premium to pay of around 7-8% of the price.
    Over the years worst problem I had was a 3 year old Mazda 6 which after purchase discovered the aircon condensor was faulty cost me £400 but was still considerably cheaper even factoring this in. Example I am currently looking for a 2 year new shape Hyundai i20 for the wife, garage/private prices around £8K, auction guide price with buyers premium around £7K so my limit when I go will be around £6.5K (so after buyers premium added I will pay no more than just over £7K). If I don't win the bid - no problem, there is sure to be another one cropping up soon.
  • davidwood123
    davidwood123 Posts: 471 Forumite
    harvest99 wrote: »
    I always buy from BCA for all my family, bought many cars over the years. There are a few basic rules to note and adhere to, and you will save money over private and garage prices.
    First sign up to BCA (mine was a free sign up years ago not sure if they make a charge now). This gives you access to all the cars coming up in the next couple of weeks (there are around 12,000 cars at any time). The website gives you the guide prices based on what similar cars with that mileage have gone for recently. This is the info you can use to set your limit before bidding (always have a limit before you start). Every auction I go to there are a mix of trade and private buyers, there is no fixing going on, the private buyers like me know what the trade prices are so no-one gets stung. Go to a couple of auctions and watch (it's an interesting day out). I tend to buy around 3 year old ex fleet cars (all serviced and well looked after). BCA get every car AA tested and a mechanical and condition report shown which you can scrutinise on line. Important the price on the hammer is not the price you pay! for private buyers there is a premium to pay of around 7-8% of the price.
    Over the years worst problem I had was a 3 year old Mazda 6 which after purchase discovered the aircon condensor was faulty cost me £400 but was still considerably cheaper even factoring this in. Example I am currently looking for a 2 year new shape Hyundai i20 for the wife, garage/private prices around £8K, auction guide price with buyers premium around £7K so my limit when I go will be around £6.5K (so after buyers premium added I will pay no more than just over £7K). If I don't win the bid - no problem, there is sure to be another one cropping up soon.

    Since when?
  • neilmcl
    neilmcl Posts: 19,460 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    harvest99 wrote: »
    I always buy from BCA for all my family, bought many cars over the years. There are a few basic rules to note and adhere to, and you will save money over private and garage prices.
    First sign up to BCA (mine was a free sign up years ago not sure if they make a charge now). This gives you access to all the cars coming up in the next couple of weeks (there are around 12,000 cars at any time). The website gives you the guide prices based on what similar cars with that mileage have gone for recently. This is the info you can use to set your limit before bidding (always have a limit before you start). Every auction I go to there are a mix of trade and private buyers, there is no fixing going on, the private buyers like me know what the trade prices are so no-one gets stung. Go to a couple of auctions and watch (it's an interesting day out). I tend to buy around 3 year old ex fleet cars (all serviced and well looked after). BCA get every car AA tested and a mechanical and condition report shown which you can scrutinise on line. Important the price on the hammer is not the price you pay! for private buyers there is a premium to pay of around 7-8% of the price.
    Over the years worst problem I had was a 3 year old Mazda 6 which after purchase discovered the aircon condensor was faulty cost me £400 but was still considerably cheaper even factoring this in. Example I am currently looking for a 2 year new shape Hyundai i20 for the wife, garage/private prices around £8K, auction guide price with buyers premium around £7K so my limit when I go will be around £6.5K (so after buyers premium added I will pay no more than just over £7K). If I don't win the bid - no problem, there is sure to be another one cropping up soon.
    Where are the guide prices, I've never seen them?
  • Where do BCA show the guide price please?
  • debtdebt
    debtdebt Posts: 949 Forumite
    In the catalogue you get when you are physically at the auction.
  • neilmcl
    neilmcl Posts: 19,460 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    debtdebt wrote: »
    In the catalogue you get when you are physically at the auction.
    Unless it's changed recently I've never seen guide prices at BCA, or any general car auction for that matter.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.