Classic cars forum & vehicle restoration.
|
|
| Author |
Message |
ukdave2002
Joined: 23 Nov 2007
Posts: 4284
Location: South Cheshire
|
 Posted: Wed Nov 19, 2025 12:23 pm Post subject: |
 |
|
| Ray White wrote: | So that's a 50% mark up. What have they done to deserve it? Nothing but chance their hand.
Of course most people would not buy a car at auction unless it was simply as an investment but this is not in that market.
Has the dealer pulled it off...only time will tell . |
| Rootes75 wrote: | | I know people have to make a living but I just don't agree with this. I also note that the dealer after adding their mark up then claims the car is a bargain. |
Of his 50% mark up, 20% will go to the VAT man, so his maximum profit will be £1500, he has bought the car with zero warranty, has to sell it with some sort of warranty, has to transport it to his premises, cover all the running cost of a dealership, will probably be negotiated down, so at best is going to make a few hundred quid, with the risk that it may sit in his dealership for months or worse have to sell at a loss!
Thats a lot to do for a few hundred! |
|
| Back to top |
|
 |
Ray White
Joined: 02 Dec 2014
Posts: 7269
Location: Derby
|
| Posted: Wed Nov 19, 2025 12:29 pm Post subject: |
|
|
| ukdave2002 wrote: |
Of his 50% mark up, 20% will go to the VAT man, so his maximum profit will be ?1500, he has bought the car with zero warranty, has to sell it with some sort of warranty, has to transport it to his premises, cover all the running cost of a dealership, will probably be negotiated down, so at best is going to make a few hundred quid, with the risk that it may sit in his dealership for months or worse have to sell at a loss!
Thats a lot to do for a few hundred! |
,,,my hankie is now quite sodden.  |
|
| Back to top |
|
|
mikeC
Joined: 31 Jul 2009
Posts: 1812
Location: Market Warsop, Nottinghamshire
|
| Posted: Thu Nov 20, 2025 8:54 am Post subject: |
|
|
Added to which, you can now give the car a thorough inspection and test drive it, facilities that are unavailable at an auction; you also have some comeback if the car is not accurately described, again not something you have with an auction sale.
We all agreed the ?5000 auction figure looked like a bargain, does the ?7500 dealer price look expensive, or just a reasonable price to bargain against?
_________________
in the garage: a big empty space!
Recently departed: 1938 Talbot Ten, 1953 Lancia Appia, 1931 Austin Seven, 1967 Singer Chamois, 1914 Saxon, 1930 Morris Cowley, 1936 BSA Scout, 1958 Lancia Appia coupe, 1922 Star 11.9 ... the list goes on! |
|
| Back to top |
|
|
Richard H
Joined: 03 Apr 2009
Posts: 2154
Location: Lincolnshire, UK
|
| Posted: Sat Jan 03, 2026 12:30 pm Post subject: |
|
|
That Hillman is still for sale, looks like the dealer has got lumbered with it.
The Mayflower was a sad story, it was a really cherished car, owned by an active TMC member, who sadly passed away quite suddenly. His family were trying to get ?4k for it but no one seemed to want it.
?2300 is a bargain for the condition it's in. I hope it's found a good home.
_________________
Richard Hughes |
|
| Back to top |
|
|
Rootes75
Joined: 30 Apr 2013
Posts: 4222
Location: The Somerset Levels
|
| Posted: Sat Jan 03, 2026 5:45 pm Post subject: |
|
|
I'm just not surprised the Hillman hasn't sold. It's a lovely car but the following just isn't there now.
_________________
Various Rootes Vehicles. |
|
| Back to top |
|
|
|
|
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
|
php BB powered © php BB Grp.
|
FAQ
Search
Memberlist
Usergroups
Profile
Log in to check your private messages
Log in
