Lakeside

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Posts posted by Lakeside


  1. I used to hate marketplace but done really well on there recently and it’s free so no harm in trying it.

    I still use autotrader but agree it’s been slow lately,  I think that’s possibly down to their guide pricing being way out at the min. I’m finding their rrp’s are way higher than cars actually for sale which makes mine look expensive.

    Used to do well on eBay classified some years ago but jacked it in a while ago as I seam to get zero interest on anything I advertise on there anymore


  2. Be careful believing that bca are only doing it to cover their backside. A friend of mine bought a Corsa a couple of weeks back showing amber on engine running. Picked it up and the bottom end is knocking like mad. Engine scrap. 
     

    Yet I bought a 208 that was red for clutch slip and turned out to be perfect. It’s just a complete minefield. 


  3. Seams to vary by site. I’ve recently bought UKCGR stuff from Bristol and Blackbushe which came stuffed with invoices yet Walsall, Measham and Wolverhampton always seam to come with nothing other than a service book. But yes it is to do with GDPR. I heard a story of someone that sold their car to WBAC and the guy there shredded all the paperwork in front of them. 
     

    Personally I’d say it’s down to lack of information to bca/WBAC staff or staff just being lazy, as in theory only paperwork with previous owners details on should be shredded. Anything else could be kept.


  4. To many of us, myself included, rely to much on bca/manheim which is helping them keep the prices high. We need to realise there’s more ways of gaining stock. Bca don’t care about us buyers they just want your money and it’s got worse since being online only.

    Even recently I’ve seen cars fetching more at bca than I could of bought them for privately advertised on AT/EBay etc, and I could of viewed those in person and had a test drive. 

    • Like 1

  5. Apparently it’s because during Covid insurance inspectors were doing damage inspections by phone and not actually seeing the vehicle in person. So basically being overly cautious when pricing repairs meaning more cars were being written off.  


  6. 19 minutes ago, samuel welwyn said:

    Also been quite here, funny how cars are still going above cap though. 

    But then keep getting relisted over and over again. There’s a couple of cars I’ve bid on at bca that have been through every sale every day for a week now. I keep bidding up to my max then getting outbid, only for them to be relisted the next day. 


  7. 2 hours ago, Halfpenny said:

    Recent pricing levels are not sustainable, its as simple as that. People have only got so much money to spend, its not rocket science. Looking at my own bills and already starting to feel the squeeze. Its going to be all about the timing, don't get stuck with a load of ugly stock.

    Totally agree, it’s a bit like playing the stock market at the min. 
     

    Over the last couple of years a mixture of lack of used stock on the market, joe public in a lot of cases having more spendable income due to no holidays or socialising etc and companies like BCA artificially inflating cap prices have all kept the prices high.

    There comes a point where this will come to an end. The worlds opened back up, new vehicles are getting back up to speed and now a lot of people have been pushed closer to the breadline because of rising fuel costs etc.

    You only need to watch BCA over the last couple of weeks. I’ve snatched a few way under cap and even the stuff that they still seam to be trying to get high prices for just keeps getting re-listed over and over again.

    • Like 2

  8. They do pick the best of the bunch for themselves but with the volume of cars going through bca surely they can’t keep everything. 
     

    Also surely this is only the case with WBAC/UKCGR As other vendors would want their cars to go through the block and not be bought at rock bottom by BCA/Cinch 


  9. Heard there’s a big backlog on Kia and Hyundai clutches at the min for some reason. A neighbours clutch went on her i10, she’s in her 80’s and took it back to Hyundai to be told they can’t get the parts for 8 weeks, then she tried a local clutch specialist who said the same. 

    • Like 1

  10. 53 minutes ago, David Horgan said:

    Not what I'm looking at , still 4 figures over CAP , Starting above CAP with strong bids  

    What area are you? I’ve been watching most of the midland sites today and most has been going up to a grand under Cap. Been the odd one that’s still fetched a high price but still a lot better than it has been recently. 


  11. 11 hours ago, samuel welwyn said:


    Is it just me or has pricing gone mental again? 
     

    How could soo many people be buying grade 4s with no history at 400 less then retail? 
     

    Am I missing something? 
     

    Agreed, not really sure what the hells going on at the min. I’m watching grade 5’s go way over cap then price checking with AT and finding I could go and buy an equivalent retail ready car from another dealer cheaper than I could from BCA. Who is actually making money from these auction cars at the min?


  12. 8 minutes ago, BHM said:

    Online I see what I’d consider to be scrap (or at least I’d offer £150-200 scrap money as a p/x) making £500 on the hammer. What the fuck they do with it once the AH fees are added & the MOT tester has cast his eye over it I’ll never know.

    Half-decent £3-5K cars (trade money) all seem to be about £1000 (give or take) into book at the moment. I’ve never prayed for shitty old trade-ins as much as I have recently :lol:

    This is another thing we was thinking the other day aswell….

    We watched a grade 3, 09 plate focus, Capping clean at £1375 fetch £2900 at bca last week. With fee’s and prep you’d be looking at probably £3500 providing there’s nothing serious wrong with it. You’d have to retail that at £4000+ to be even worth it.

    Now the kind of customer buying a car like that is probably going to want to trade in their 06-07 plate Astra/focus? As dealers we’d probably be being generous offering £500 for their p/x depending on condition etc.

    So it’s then basically going to cost the customer £3500+ to upgrade to a car of similar spec only a couple of years newer and not even to anything desirable.

    Surely no customer in the right mind is going to do that?