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Showing content with the highest reputation on 08/05/21 in all areas

  1. 2 points
    Running bids off the wall has been going for ever as we all know . Its not an illegal practise to run bids up , BUT only to reserve , after reserve its a free mkt , the problem we have of course is WHO sets the reserve price , BCA or the Vendor . If you look at the CAP price on one car SAY a Ford Fiesta Zetec S 15 plate 35,000 miles , find one on one vendor and the same car on another vendor and CAP is weirdly a different price . Plus both are different to my CAP live valuation listings, amazing hey . Not only do all auction fiddle the Reserves , They also fiddle CAP prices too .
  2. 1 point
    Definitely. This is obvious when the greedy bastards drop something on their keyboard whilst fiddling the figures & they book a 10yr old Audi A3 at £53400 .
  3. 1 point
    The only true measure is a free market, ie no-reserve bidding. Bid rigging is simply an underhand way to run a reserve auction, which is not a free market. Whether its illegal or not, I don't know, but I do know "the wall" has bought a lot of cars!!!
  4. 1 point
    yes you the garage MUST do this on all your stock cars, If ever that 8 year old 80000 mile car you sold them goes on the ramp for the recall you can bet they will also do the compulsory "free" 120 point health check while they are doing the recall and its a certainty you will get the call on the car you sold them with all these faults
  5. 1 point
  6. 1 point
    It doesnt seem to be sinking in does it. to be a dealer you need to offer back up. You either provide a warranty or 'self warrant' to re assure the customer. Who in their right mind is going to buy a cayenne from a plastic trader for near retail money? So yes, we do sell for the price we advertise. We build a reputation for good aftersales cover. we get reviews. We pay tax, VAT, recon and valet the car. Many of us have a premise, and a website showing we have multiple cars for sale. It all provides confidence to the customer. Get all that, and you will get the extra money. Till then, you will get what you're getting. Thats it, in a nutshell. How to be a trader that gets all the money. We dont hate you, you just havent heard or liked the answer we have given.