Centennial Strad at Auction soon...

midlifecrisis

midlifecrisis

Member
Messages
16,233
@dickygrace Maybe you should stick a few cars on there and see what results you get. (I'll just take 10% of the difference for my 'Sales Consultancy fee!)

What I like about collecting cars is that you cannot enter a last minute bid, if you do, then the auction is held open for a further 2 mins. If only eBay would do this!
 
Gazcw

Gazcw

Member
Messages
7,784
midlifecrisis said:
@dickygrace Maybe you should stick a few cars on there and see what results you get. (I'll just take 10% of the difference for my 'Sales Consultancy fee!)

What I like about collecting cars is that you cannot enter a last minute bid, if you do, then the auction is held open for a further 2 mins. If only eBay would do this!
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Consultancy isn't spelt that way. I checked Benny's dictionary.
 
MikeyMaser

MikeyMaser

Member
Messages
473
dickygrace said:
They don’t need to, CC’s auctions reach mental figures. I suppose plenty of folk pressing the bid button when they’ve had a few sherberts.
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Also, it's very easy to forget about the 6% fee in the heat of bidding! I always set myself a limit beforehand including the fee.

I've not won anything off CC, but did win an auction on The Market. The car was totally as described and there were things noted on the description about condition (between all the fluff) that I perhaps wouldn't have noticed if I'd gone to view. The Market also seems to have more comprehensive photos of the cars including the underside and inside wheel arches, etc.
 
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Mattmaser

Member
Messages
104
These auction sites appear good for sellers, not too sure they are great for buyers, unless you view prior to bidding.
I have managed a couple of buys off there , and both have been ok
 
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Dreamer

New Member
Messages
24
On CC you have to keep your cool as a seller too as you get calls to lower/remove the reserve price set (close to the auction end time) if CC feel they may not achieve the sale. This is understandable as they are incentivised to make a sale happen so they get their 6%.
 
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mischaRS

Member
Messages
162
CC is a clever way of selling cars, and they are now certainly No 1, having blitzed the opposition. BUT, trust me, they really do get the seller to lower the reserve, with pressure.. I refused to fall for it, consequently they dont have our business.
 
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MAF260

Member
Messages
7,662
CC tried very hard to get me to lower my reserve when I had my GS. I refused to their clear dismay and the car didn’t sell on their site. I subsequently sold the car privately for 25% more than it achieved on CC.
 
Ewan

Ewan

Member
Messages
6,813
As with any auction, some cars sell for considerably over their predicted value, others at around that figure, and others below it. And some don’t sell at all. That’s all completely normal, and in that regard CC is now different. The key advantage is that the sale date is set and the money comes through quickly.
There is definitely a place for CC in the car selling marketplace, as shown by how poplar it has become. And if you are selling a Land Rover or a 911 (amongst other currently fashionable vehicles) you can be certain of achieving a strong price. (Not so much with an old Maser though, as they remain as unpopular as ever.)
 
Goodfella

Goodfella

Member
Messages
735
Ewan said:
I’ve bid on a couple of things recently on Collectingcars.com and was the under-bidder on a 944 turbo yesterday evening. Interestingly, on anything I bid on, the other bidders have bought and sold on the platform several times before, so it makes me think it’s traders using this, rather than punters.
I decided not to go too high on the Porsche at it was in France, so not only was I bidding having not seen it, but then I’d have the issue of getting it back, travel passes during Covid times, etc.
Anyway, I think the winner got a bargain.
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Online bidding on cars in foreign country’s without having seen them..

How many G&Ts does it take to get to this level of gangster’ness?
 
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DavidL

Member
Messages
214
I looked at the green s/c range rover that went through a week or two ago. I could actually go and see it as it was very close but it was in storage so only met the storage owner. It was nice and a decent colour scheme. I wasn't convinced all the electrics worked. That could have been me. I was just after a winter run around so at that level the buyers fee added 10% to the bill so had to be considered. It was a pain going to see it and not being able to thrash a deal there and then.
You're effectively paying for the photos (as has the seller if they went for the professional photo pack) but other than that it is a private sale. With all the platforms available these days exposure isn't really an issue so I can't see any real advantage for a buyer who has done their homework on a given model. Additionally the buyers fee comes out as soon as the hammer drops and I get the impression that there might not be a great deal of input from CC in the event of an issue on collection. Certainly they make quite sure you know their fee is gone and not coming back.
In this case again the final figure was quite a bit higher than you would get from a private sale so clearly a good way to sell, less so to buy. I think you could end up bidding on a lot before anything falls into a sensible price bracket and proper bargains could be very few and far between. In many ways it makes me wonder quite why it's so popular but you can't deny it is.
 
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Mattmaser

Member
Messages
104
Example of these sites - Jaguar for sale last night , (50k +) was no sale at a classic car auction earlier in year, auction write up earlier in year stated car colour changed at some point - description on online auction yesterday , despite using some text lifted from auction earlier in the year (word for word ) no mention of colour change in write up ….
 
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