Prices at the block

[Earunder 69]

20 hours ago, Arfur Dealy said:

I simply don't buy when the prices go silly. Just turn your back and walk right back out, no point in buying for buying sake..... It also lets the auctioneer know I won't pay over the odds....

100 %

Another day, another 6 pages of A4 made worthless.  Not even 1 provisional today and I had around 40+ vehicles watched and bid upon.

The double hall bid was out in force today.  How can the auctioneer see my 2 bids on the bounce while seeing 2 people in the hall?  If he's watching the screen for my bid he's not watching the hall., it's impossible.  

Derby and Nottingham were unreal today.

[DHill 16]

We are seriously low of stock after a busy December and January, we thought we had enough to cover but didn't predict to do as many sales as we did in December.

Won't be forced to buy stock for retail money then spend the next few months trying to get rid at cost price, rather wait it out.

BCA is crazy at the moment but that's nothing new. 

[trade vet 703]

BCA are doing record business,so I have just picked up 3000 shares at 191.5p,if they drop to 187p,I will do the same again.

[Lakeside 94]

Auctions are the only people making good money out of selling cars these days.

[Earunder 69]

FINALLY!!!!!  Over 1k vehicles watched this week I've finally managed to get some in!

12 in 7 days!  Still about 15 odd short but at last there is some sense.  Maybe the vendors had low reserves, who knows.  None of it was WBAC rubbish, all from good vendors so over the moon this afternoon!

Hope you guys had better days also!

[BHM 994]

On 23/01/2018 at 5:31 PM, Arfur Dealy said:

I simply don't buy when the prices go silly. Just turn your back and walk right back out, no point in buying for buying sake..... It also lets the auctioneer know I won't pay over the odds....

Yep, I’m not working for nothing either. I’ve bought a couple this week, but need about 10 - those buying at close to retail are welcome to their stock because I like working for profit, not for money back.

As for the trade buying shitty old shape Fiestas for strong money, what’s that all about? I wouldn’t thank you for that sort of stock, tbh I thought they’d only be fit for Scumtree at Scumtree prices. Good luck, give me a 150K mile 4x4 any day of the week! Proper buyers at proper money making me a proper wage - unlike greedy/penniless small car buying scum.

[grant8064 219]

We're about 15 - 20 cars short now so it's panic stations but we simply refuse to pay silly money for junk.

Tonight was the perfect example.

Nice 2010 1 series in white 60k, just our kind of low end flash mobile for the middle class driveways locally.

Cap clean £4600 needed a bit of paint but i'd pay top book still

All good until we see the vehicle description states " NO BRAKES "

New one on me...now we're not talking needing some pads or a warped disc. We're talking NO BRAKES.

Rolls into the hall, pushed to a stop and proceeds to make £4850. 

If it wasn't so funny i'd be angry at a wasted evening

[Arfur Dealy 823]

6 minutes ago, grant8064 said:

We're about 15 - 20 cars short now so it's panic stations but we simply refuse to pay silly money for junk.

Tonight was the perfect example.

Nice 2010 1 series in white 60k, just our kind of low end flash mobile for the middle class driveways locally.

Cap clean £4600 needed a bit of paint but i'd pay top book still

All good until we see the vehicle description states " NO BRAKES "

New one on me...now we're not talking needing some pads or a warped disc. We're talking NO BRAKES.

Rolls into the hall, pushed to a stop and proceeds to make £4850. 

If it wasn't so funny i'd be angry at a wasted evening

Fluid leak ?

[Jimbo 11]

1 hour ago, grant8064 said:

We're about 15 - 20 cars short now so it's panic stations but we simply refuse to pay silly money for junk.

Tonight was the perfect example.

Nice 2010 1 series in white 60k, just our kind of low end flash mobile for the middle class driveways locally.

Cap clean £4600 needed a bit of paint but i'd pay top book still

All good until we see the vehicle description states " NO BRAKES "

New one on me...now we're not talking needing some pads or a warped disc. We're talking NO BRAKES.

Rolls into the hall, pushed to a stop and proceeds to make £4850. 

If it wasn't so funny i'd be angry at a wasted evening

Absolutely bloody ridiculous

[cars ne 3]

2 hours ago, grant8064 said:

We're about 15 - 20 cars short now so it's panic stations but we simply refuse to pay silly money for junk.

Tonight was the perfect example.

Nice 2010 1 series in white 60k, just our kind of low end flash mobile for the middle class driveways locally.

Cap clean £4600 needed a bit of paint but i'd pay top book still

All good until we see the vehicle description states " NO BRAKES "

New one on me...now we're not talking needing some pads or a warped disc. We're talking NO BRAKES.

Rolls into the hall, pushed to a stop and proceeds to make £4850. 

If it wasn't so funny i'd be angry at a wasted evening

mental prices .

[trade vet 703]

On 25/01/2018 at 0:25 PM, trade vet said:

BCA are doing record business,so I have just picked up 3000 shares at 191.5p,if they drop to 187p,I will do the same again.

Just picked up another 2000 at 187p.....May help in arguments with them about misdescriptions etc...We currently have two cases to talk to them about,left messages Friday but no response yet....as they do.Will keep you informed !

[trade vet 703]

1 hour ago, tradex said:

As a part owner can we come to you with issues now

Yes ! ,  better still buy a few shares ,we could call ourselves BCA shareholders action group.We could charge traders a set fee per complaint,can you imagine ..........

[D7neo 5]

I tried Merthyr Auctions in wales last week, have to put a 2k deposit down to bid. I was interested in a minibus that was going through, Id probably look to sell it for £8500, sold loads of them this year, went through the block at £9750, then there was about £700 in fees on top of that, plus delivery!!

[justina3 518]

1 hour ago, D7neo said:

I tried Merthyr Auctions in wales last week, have to put a 2k deposit down to bid. I was interested in a minibus that was going through, Id probably look to sell it for £8500, sold loads of them this year, went through the block at £9750, then there was about £700 in fees on top of that, plus delivery!!

that place is a total mystery to me, its only 20mins away from me and often have some semi decent stock in there, but they hate traders 80% of the kit gets bought on line i was told not to waste there time (there words not mine) about opening an account, i do not know a single person who buys from there and for my sins i know a lot of people. 

The cafe is very good though in all fairness.

[Jack Regan 116]

Just waisted 4 hours of my time at BCA Paddock wood.... prices are unbelievable, from cheaper bits to lumpy bits , where they are going with em and the profit they are having out of em f*^k knows.

[sparky 274]

I knew buying would be tough this month, but it's now to take the ****. Thing is, I can't see prices being sensible in Feb either so bugger it, I'm buying a few more shipping containers.

[metcars 397]

I've noticed that BCA do move a lot of their stock around, more than Manheim. I spend a lot of time driving up and down the M1 every week and there is a seemingly endless stream of loaded BCA trucks heading northbound. I'm guessing they know some of their stock is better placed at certain auction sites but you don't seem to get a lot of trucks heading down to Paddock Wood/Blackbushe. 

[cars ne 3]

7 hours ago, Jack Regan said:

Just waisted 4 hours of my time at BCA Paddock wood.... prices are unbelievable, from cheaper bits to lumpy bits , where they are going with em and the profit they are having out of em f*^k knows.

are the prices really that bad not been to a auction for years .

[metcars 397]

10 hours ago, cars ne said:

are the prices really that bad not been to a auction for years .

Paddock Wood used to be the end of the rainbow in a very nice part of Kent/Sussex where people could afford to look after their cars regardless of age. But, that's all changed and they get the same old shit you find everywhere else. P/x's on their last legs, mostly hiding a catastrophic failure, two weeks MOT and no history.

The staff are friendly though.

Edited February 1, 2018 by met

[justina3 518]

another 3 hours standing there to come away with a big fat zero....the joys wait there are no joys 

 

[BHM 994]

Who’s buying this massively overpriced stock? Washington’s been a joke recently for bottom & mid-range stock. 

Traders fighting over 10-15yr old pure shite that if a private man presented it to me as a p/x I wouldn’t even offer him the Manheim gate money.

Stock that should be £1500-2500 is making £2000-3000 before the gate money. I’m sorry, but how on earth is anyone making money on this stuff? I just hope it’s not f***ed when it’s driven out otherwise that’s more money, some lads must have £3000 in £2000 cars.

[Rory RSC 596]

8 minutes ago, tradex said:

I guess these idiotic prices are driven by guys with stocking loans to service, makes one desperate. 

I don't quite get this view - If I buy a car using a stocking loan I sure as hell need to be making money on the car otherwise I have stocking charges, auction fee and no profit.

I don't think its a case of get a stocking loan, pay fortunes for everything, not sell anything for profit and make a loss on every car.

 

Hardly bought anything cash / loan or otherwise this week. The stuff I shortlist is making crazy money and I have been quite restrained, I feel next week or so things will level out. Fingers crossed anyway. 

Very low on stock. 

[metcars 397]

4 hours ago, BHM said:

Who’s buying this massively overpriced stock? Washington’s been a joke recently for bottom & mid-range stock. 

Traders fighting over 10-15yr old pure shite that if a private man presented it to me as a p/x I wouldn’t even offer him the Manheim gate money.

Stock that should be £1500-2500 is making £2000-3000 before the gate money. I’m sorry, but how on earth is anyone making money on this stuff? I just hope it’s not f***ed when it’s driven out otherwise that’s more money, some lads must have £3000 in £2000 cars.

Personally, with the bits I buy, if its clean I don't even bother walking in to watch.

 

[metcars 397]

Are we all comfortable buying diesels. I'm feeling customer resistance recently and rarely have any, but I can see the time when they'll become the poison chalice.

[NOACROSS 414]

Our customers are turning their nose up at just the mention of the word we've found over the last 18 months or so.

Has been mentioned on here a few times: I like some others, have sworn the pledge against buying any diesels a while back.  Especially heavier stuff.  

If a diesel comes in PX I'm v. hard on it.  However- price range diesels up to 3 grand ish seem to sell still. Not that we're particularly busy the last couple of months...