ChrisEdu
MB Enthusiast
- Joined
- Sep 5, 2005
- Messages
- 8,326
- Location
- By the southern sea
- Car
- E320CDi Estate - gone E320CDi Saloon - written off CLS 350CDi Coupé
Just wondering, is there anyone else here that buys from auction houses?
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Imagine if you went there and back?Drove from the coast up to Bedford on Saturday, to collect stuff from an auction.
Today, I made a purchase from an auction in Hull. I will not be driving up there!
Interesting to see who knows what you’re on about.Imagine if you went there and back?
Imagine if you went there and back?
OFAH, hope I am not way off.Interesting to see who knows what you’re on about.
GeneralOP . Auctions as in car auctions ? or auctions in general ?
I moved out from Pimlico to Wandsworth in the Nineties and furnished a lot of the house with "brown furniture" bought from Lots Road Auctions. Dining table, chairs, credenza, cupboards, side tables, bureau, chests of drawers etc. etc.General
Fees are the stinger.I moved out from Pimlico to Wandsworth in the Nineties and furnished a lot of the house with "brown furniture" bought from Lots Road Auctions. Dining table, chairs, credenza, cupboards, side tables, bureau, chests of drawers etc. etc.
Different times - I was switching from very modern furniture to Georgian / Victorian. Twenty years later, I went back in the other direction, in line with modern fashion.
Have attended lots of classic car auctions: Bonhams, Coys, and Historics, but have always used them for research. Any time that I've actually bought a Classic it has been privately or from a Specialist like the old Paradise Garage.
Always, always, define the maximum that you're prepared to pay in advance, and stick to it.
Never, ever, let the dealer know that you're keen. They will milk you. Delay joining the bidding until the last minute and never "signal" that you're prepared to pay more to get it.
And always make sure you understand the buyer's fees.
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It’s the same old thing: marketing and sales costs. We need the listing, the promo, the auction process, the storage, physical and cash handling, and security to buy, but no-one wants to pick up the tab.Fees are the stinger.
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