BCA Auction View

bodgerx

akhlaq768 wrote: »

Please could someone assist me in find the prices of a VW Passat from Auction… Just need to know what the going rate is?

MAKE - VW
MODEL - PASSAT
BODY TYPE - SALOON
FUEL - DIESEL
TRANS - MANUAL
ENGINE SIZE – 1.9
YEAR 55 onwards
Mileage - 100,000 or below
DERIVATIVE - ANY
AUCTION LOCATION – Anywhere

At this kind of level (5+ years old, less than £5k) an auction may not be your best friend.

Unless its a 4 years old (or less) lease return, its probably an unwanted trade-in or such like. With the fees on top you would probably be better looking at private sale cars.

I've bought from auction quite a few times, and the prices seem to get higher every year for equivalent stuff. Especially, if it's in retail-able condition with sensible miles.

maintenanceman

Dealers buy to make a profit so will buy anything that will make them that profit. A private buyer buys specifically. The auctioneers know that and yo would probably overpay at an auction as you will be bidding against a wall.

bodgerx

maintenanceman wrote: »

Dealers buy to make a profit so will buy anything that will make them that profit. A private buyer buys specifically. The auctioneers know that and yo would probably overpay at an auction as you will be bidding against a wall.

Kind of disagree with that. When I have bought on 3 different occasions at auction, I paid pretty much bang on the CAP clean price. I am not a dealer, and could probably be spotted a mile off. Yes, I'm sure there are occasions where people get bid up that are green to the process, but even dealers are bid against the wall. See my previous post.

Basically, the auction house will either:

a. 'Fake' sell the car at about the book price, and you'll see the exact same car come round again in a few days time (or even the same day)
b. 'Real' sell the car at about the book price
c. A crazy bidding war will break out, and somebody will pay daft money for something they really wanted.

maintenanceman

bodgerx wrote: »

Kind of disagree with that. When I have bought on 3 different occasions at auction, I paid pretty much bang on the CAP clean price. I am not a dealer, and could probably be spotted a mile off. Yes, I'm sure there are occasions where people get bid up that are green to the process, but even dealers are bid against the wall. See my previous post.

Basically, the auction house will either:

a. 'Fake' sell the car at about the book price, and you'll see the exact same car come round again in a few days time (or even the same day)
b. 'Real' sell the car at about the book price
c. A crazy bidding war will break out, and somebody will pay daft money for something they really wanted.

TBH I don't think buying at CAP orices is that special. Maybe compared to a forecourt / maindealer, but I have seen better prices on the open market from private buyers, So CAP prices don't really bother me, personally.

bodgerx

maintenanceman wrote: »

TBH I don't think buying at CAP orices is that special. Maybe compared to a forecourt / maindealer, but I have seen better prices on the open market from private buyers, So CAP prices don't really bother me, personally.

Although I agree with your point there (particularly in the last few years) that's not really what I was saying.

My point was to say that private buyers don't necessarily pay over the odds compared to the traders at the same auction (fees excepted). They seem to pay around the CAP clean price (in my experience). Although, as I say, there are some crazy bidding war exceptions.

macdog

Hi,

got my eye on a car at bca and the mechanical report states that 1st and reverse test, and clutch/auto take up "need attention".

Can anyone shed some insight of what that might mean and if its a sign to avoid this one?

Thanks!

colino

Yes, don't buy a car from auction if you don't read this glaring warning as a way of telling you to deduct the repair cost (clutch probably) from your profit point bid.

bigjl

malik125 wrote: »

Hi there
Any car trader who is using BCA please help and oblige.
I just started trading with BCA. Bought few cars some cars were good and some were bad. I just want to know
1. which auction centers around london are having good cars
2. If you won a bid for a car which is sold as seen(not BCA assured) and after inspecting it if its not good enough or having some problems then can you refuse to pay or buy? If yes then is there any charges for that?

The reason BCA Assured are a better bet is because you can back them if there is an issue.

Auctions are for the trade or those that are willing to take a gamble to save money.

If you want the opportunity to test before buying then don't buy at auction.

macdog

colino wrote: »

Yes, don't buy a car from auction if you don't read this glaring warning as a way of telling you to deduct the repair cost (clutch probably) from your profit point bid.

Thanks, thought it would be potentially a new clutch, which on the model I am looking at, quite pricey. Will likely give this one a miss.

garcon6

If anyone is attending the BCA auction Birmingham (Langley Drive) tomorrow there is a Honda FR-V 2.2 I-CDTI Sport, Diesel 2006 with 55119 mileage.

I really like the Honda FR-V that's the car I would like be willing to attend other auction centres such as Bristol/Wales as from Gloucestershire. Is there any easy way to find out which auction centres will stock these Honda cars.

Hope some traders can help me with my query.