Meet “Boris”

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All the M156 engines develop the oil leak as the engine block, upper & lower pan are all sealed with RTV with no gasket. Mine had it but it wasn't yet bad enough to spend the money taking the engine out.

The bushes is one of those things that don't have to be done and owners will often only change them when they clonk. This leads to storing up all those jobs for the next owner.

It might not have shown signs of needing other things but it will have parts that are passed their best.

A look back through some of the recent sales shows you the reality of the market at the moment. That plus I'm still part of a Facebook C63 group where there's lots of activity and comment.


There's simply way more cars than buyers and the few who would pay over the odds for an excellent example don't have to because there's no competition.

I estimate it'll get to around £25k before the Collecting Cars fee. I'll eat my hat if it goes over £30k.
Send the hat being eaten video, thank you slim.
 
Send the hat being eaten video, thank you slim.
I'm keeping my hat, it sold for £30,000 and not over £30,000. I know there's the CC fee on top but I was talking about the seller's price attained.

Did better than I expected, probably due to the low mileage and rare colour combination.
 
I'm keeping my hat, it sold for £30,000 and not over £30,000. I know there's the CC fee on top but I was talking about the seller's price attained.

Did better than I expected, probably due to the low mileage and rare colour combination.
"I estimate it'll get to around £25k before the Collecting Cars fee. I'll eat my hat if it goes over £30k"

We are all waiting for it .....


😁😆😄😃😀😅😂🤣
 
Would be interesting to hear feedback from @RSS350 as to how the sale process goes/went - from start to finish.

Collecting Cars seems a popular platform these days, although I’ve never used it myself :)
 
@Will when I enquired about selling my C63 they would only list it with a low ball reserve that I wasn't happy with, so I didn't use them.

Currently the classified advert is free I believe and there's quite a few on there in this format. Paying thousands instead of nothing to sell your car is quite a difference and in both formats there's no protection offered by CC.
 
@Will when I enquired about selling my C63 they would only list it with a low ball reserve that I wasn't happy with, so I didn't use them.

Currently the classified advert is free I believe and there's quite a few on there in this format. Paying thousands instead of nothing to sell your car is quite a difference and in both formats there's no protection offered by CC.
I guess as they only make money upon a successful sale (?) they probably want to ensure that stuff sells.

We’ve all seen deluded sellers with unrealistic reserve prices on other online auctions I guess.

Okay if it does go your way but a bit of a gamble otherwise! :)
 
Yes, they will only list at what they think it'll sell for. Seen them get it wrong quite a few times though and cars going unsold. I sold for more than £3k above what they'd set the reserve to.
 
Circa £31,700 all in, not a bad guess huh ;)
Way more than £1700 fee's it was £1670 for my bid of £22k still it made a good price to a guy who has bought over 10 from them maybe a collector
 
Yes, they will only list at what they think it'll sell for. Seen them get it wrong quite a few times though and cars going unsold. I sold for more than £3k above what they'd set the reserve to.
Trouble is, any auction is a gamble.

It might have not made the reserve even at auction - you never know until the bidding finishes.
 
They also put there fee's on your payment method for the bid you enter incase you win which i think should be done to stop all the time wasters on other well-known aution site's
 
I'm keeping my hat, it sold for £30,000 and not over £30,000. I know there's the CC fee on top but I was talking about the seller's price attained.

Did better than I expected, probably due to the low mileage and rare colour combination.
Honour your word and eat your hat !

The car was sold at £30,000 plus 7.2% fees comes to £2,160 therefore the total sale of the car is the sum of £32,160 - which is what the buyer/bidder is happy to pay therefore that is the value of the car; bottom line.

Would be interesting to hear feedback from @RSS350 as to how the sale process goes/went - from start to finish.

Collecting Cars seems a popular platform these days, although I’ve never used it myself :)
The first time using Collecting Cars. Was thinking of going down that route and many people I was speaking to when trying to sell the car before advertised online told me to try selling them due to the rarity and the audience would appreciate such a car.

The CC team called me on the back of the Autotrader advert. Thoroughly read their T&Cs. If no sale, no fees - this attracted me. They would not negotiate on the reserve price as they claim it would be "80%" of the car value and expect to go over. I was happy to take a figure within the 30s after being educated about the true value from forums. I told the consignment "specialist" word for word quote: "I am setting the tone here and will NOT be lowering my reserve figure at any time, from start to end of the auction and therefore to manage your expectation, it would be a waste of your time in asking me this".

I had to pay £175 for the photographer to take pictures - monies go straight to the freelance photographer. They push you not to do the pictures or use your own photographers.

After my photoshoot was done, I asked my consignment "specialist" eta when it would be uploaded on their 'coming soon' page of the website and to let me know in advance/heads up. NO notice/heads-up, and received an automated email out of the blue informing me of this. This now means you are contracted to sell your car with them and if you pull out at any time you will need to pay their fees. The uploads were missing a few vital photos such as paperwork as well as video. Their strategy was to get it uploaded ASAP with no detail to lock in the seller.

Got assigned a copywriter who shared a most probably recycled template used in the past for selling similar cars. I re-wrote 90% of the copy as I intended to be fully transparent about the car as well as try to mitigate as many comments on the posting as I could as well as sell the car !

I was getting several phone calls from my consignment "specialist" asking me to approve the copy so they could try to get my advert live in the auction. I refused and persisted that the photos and videos be uploaded, edit the title include the full wording of the car and the photos in a proper order such as the date for the service history paperwork. Before approving the advert I asked how long would it take to go live and the response was: "It has to go into a queue and could take 3 maybe even 4 days but I'm working hard to get us in the queue as soon".

After 5 back and forths, it was at a good place. Once I confirmed approval the same day they confirmed will go live the next day! What happened to the long queue ey.

On day 1 of the auction going live, got a check-in call from the consignment "specialist".

On day 2 they informed me someone would like to come and view the car. They said they qualified the range the potential bidder is willing to pay but is at my discretion if want a viewing or not. They emailed me their contact details and I organised a viewing with the potential bidder.

On day 4 the conversation was started around taking off the reserve as "their data" shows bidders more likely to bid on a car that has no reserve. I asked them to quantify this, for example, x amount / % of bidders a bit more on a reserve vs no reserve - they could not provide this.

On day 6 got a call about taking off reserve and that was the start of the hard sale/push. The consign "specialist" gave the same data spiel and then left it at "Not to worry I will call the bidders and put pressure about bidding but is good to take off the reserve so let us see where was are".

On day 7, the last day of the auction. The same check-in call in the morning. Another call mid-day with another hard push to take off the reserve. Told them to call me 2 hours before the auction ends as that's when I am off work but they tried to keep me on the phone. Got a call right on the dot and another hard sale where it started to get sour and extremely aggressive. They asked, "what figure would make it happen to get the deal done". I told them the reserve. Their response was "it was unfair as we worked hard to get this car to sell". I said, "I told you from the get-go I am not moving on reserve just like you did not". More hard sales tactics with a more raised voice and can the hear desperation to hit targets and get a commission. In the contract it states CC can pay the difference if the bid is within the 10% range of the reserve - informed them of this but they would not do it. I got around 8 calls towards the last hour and minutes of the auction even much so, that they wanted to stay on the phone whilst it coming towards an end and once it met reserve, could hear the relief and joy they had from the consign "specialist".

The consignment "specialist" according to LinkedIn was their first job out of uni and only been there for 2 months; let us see if they pass probation. The kid could not handle the pressure and targets set by the firm which led him to become aggressive and sour towards the end - shame as they do not know if one has a fleet and what's in it as well as collecting watches - shows you poor ability to build rapport.

If you read their latest Trustpilot review from a 458 seller it sums it right up.

It is a good business idea and certainly a better way of selling cars as they do KYC and mitigate AML checks beforehand and their audience is likely to be an enthusiast compared to the autoloader. If you want a car sold it is worth using as you are paying for their audience. Do NOT fall into the trap of taking off the reserve unless you are happy to get any figure for your car. They do not use the data they have collected and is pure sales and no consulting from their consignment "specialist". Ensure you take and are in full control of your listing as they do a rush and poor standard quality of a job to get your listing live as soon as possible to lock you into their contract.

I have sold my car today and done the handover. I asked the if he knew what my reserve price was as I was curious about 2 things:
  1. The auction closed bang on the reserve price.
  2. If bids are made in the last minutes, the timer gets extended by around 2 minutes. I noticed and so did the person who came to view the car (a different bidder to the person who won) that the time kept getting extended but no one was bidding.
The buyer gave me a smirk but neither confirmed nor denied and I read between the lines.

Overall I would use CC again as I want access to their audience and I will not cave into their bullish tactics however, they need to iron out their cowboy processes and behaviour.

It was a lovely clean car as you can see how OP kept it and I maintained it. Was sad seeing it drive off and hearing it roar away from me. Hard to decide what to get next !
 
Interesting to hear about CC’s process. I’ve read a couple of accounts from people dissatisfied with the whole thing as buyer / seller so it’s interesting to hear another take on how it works.

Often see cars getting bid by dealers (nothing wrong with that) and saw a McLaren 570 sell for about 60 and with a dealer now at 72-ish.

Although it’s a shiny website with good photos, pretty much no recourse if any of you buy a total dog. It’s an auction after all.

On the other hand you can get some really nice bits of kit like your car you sold at a decent price.

Horses for courses. I suppose the dealers making £10k+ a go on 50/60k cars have some contingency in case they do buy a dog but a serious engine fault on most new stuff could easily cost £10k without too much hassle.
 
I sold a E63 on there last year it wasn't a smooth process had a tire kicker come trying to take money off after he had bought it for the auction price.
 
I sold a E63 on there last year it wasn't a smooth process had a tire kicker come trying to take money off after he had bought it for the auction price.
What was the rationale for that ?
 

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