britishtrident
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| posted on 3/5/11 at 07:31 AM |
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Tintop Auction Prices are Low
Last week I spent a pleasant day at Intercity Auctions in Glasgow, I had spotted a couple of low mileage Rover 75s on Intercity's internet site
and ended up buying one for my daughter as the sadly neglected and abused Rover 45 they have as a second car will need new shocks, springs and brake
pipes for MOT and I want my grand kids in something big and strong with a good NCAP rating.
I ended up buying a Nightfire red 45,000 mile 75 1.8, 2001 which makes an early Longbridge car. The price at fall of hammer was £600 which is
just the right side of £750 by the time the various auction charges are added. The car had been an Arnold Clark trade-in but I will not hold
that against it. As with previous Arnold Clark trade-ins I have bought at auction it seems to have been in held for a long time before going to
sale.
Having given it a good look over and valet the only fault I have found is a defective central locking solenoid made worse by some unskilled bodgers
attempt to remove the rear door trim to fix it, nothing half an hours labour + £25 and ten minutes shopping on ebay won't fix.
Cleaned and waxed it looks a million dollars --- ain't colour coded car polish great at hiding minor blemishes.
From what I saw Prices really are at rock bottom lots of bargains in the £600 to £1700 pound range a very pristine MG TF failed to even get an
opening bid at £600. if buying remember the auction buyers premium adds a fair whack to the cost.
[Edited on 3/5/11 by britishtrident]
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will121
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| posted on 3/5/11 at 09:00 AM |
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I just got a 2006 diesel vectra estate for £2k and looking great, however last auction buy was a laguna diesel estate seemed cheap but loads wrong
with it, made mistake by keeping it and fixing it, would been better to have stuck It back in the next week, afraid to say auction buying not without
its risks too
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hobbsy
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| posted on 3/5/11 at 09:29 AM |
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I guess a lot of it depends what makes / models you're looking at and also where you are in the country.
I'm not surprised that Rover's and MGF's are going for cheap as although you can still got most of the bits I think a lot of people
worry about that. Vauxhall's also generally depreciate like anything.
I went to an auction a few months ago and yes the cars that aren't so popular (Rover's / Vauxhall's especially petrol versions and
larger cars) went cheap but anything small and cheap to run or German and diesel still went for quite a lot considering you're under auction
terms. I.e. not always much less (if any less) than what you could buy them for privately.
That said I bought my first car (1.1i 106 w00t!) at an auction, ran it for a year or so and put 20k miles on it and then sold it for £200 more than
what I paid for it.
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