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BRITISH CAR AUCTIONS ANY GOOD?

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Hi Guys Has anyone used British Car Auctions and know what they charge private buyers? Looking to buy a new car and thought I might give auctions a try. Any hints, tips and advise appreciate… Read More
Veitas200700 Avatar
5y, 2m agoPosted 5 years, 2 months ago
Hi Guys

Has anyone used British Car Auctions and know what they charge private buyers?

Looking to buy a new car and thought I might give auctions a try. Any hints, tips and advise appreciated.
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Veitas200700 Avatar
5y, 2m agoPosted 5 years, 2 months ago
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#1
whatsThePoint
if you don't know about cars don't go or take someone who does


This^
2 Likes #2
I would say you need to know a fair bit about cars to buy from an auction, jumping in without some knowledge may lead to god knows what.

BCA are a massive auction company, bought from them many times. I love the thrill of an auction.

Do your homework, know the going rate, don't look like a newbie, take someone with you who's mechanically minded, set a buying figure,stick to it no matter what happens. Be prepared to come away empty handed and don't think you have to buy the first time you go.

Go to a few first to get a feel before going with any intention of buying.
#3
BCA fees have become a joke! They don't charge the large leasing companies to sell their vehicles. Instead they choose to rip off the buyer, especially the private buyer. For example the buyers premium on a £7500.00 car works out at around £425.00 on top of the hammer price.

However if your willing to spend around 4/5hrs a day x 4 auction day's you might just pickup a bargain.
#4
Don't forget the rip off buyers premium!!!
#5
Beware, do not buy from a car auction unless you are an experienced trader or you are accompanied by an experienced motor trader who has a traders account.

You can end up paying way over the odds at auctions and or buying a vehicle that has a major mechanical problem.
1 Like #6
shauneco
whatsThePoint
if you don't know about cars don't go or take someone who does


This^


Yeah, this^
#7
zermattbusby
BCA fees have become a joke! They don't charge the large leasing companies to sell their vehicles. Instead they choose to rip off the buyer, especially the private buyer. For example the buyers premium on a £7500.00 car works out at around £425.00 on top of the hammer price.

However if your willing to spend around 4/5hrs a day x 4 auction day's you might just pickup a bargain.


I would liken them to ebay in that way, they don't want every tom dick or kevin rocking up to buy one item. They want the big boys buying dozens at a time.

Probably costs a lot more to process and brings a whole heap of work sorting out private buyers over account holders with stored and verified data.

I think if you owned a large company eventually you'd go the same way.
#8
greg_68
zermattbusby
BCA fees have become a joke! They don't charge the large leasing companies to sell their vehicles. Instead they choose to rip off the buyer, especially the private buyer. For example the buyers premium on a £7500.00 car works out at around £425.00 on top of the hammer price.

However if your willing to spend around 4/5hrs a day x 4 auction day's you might just pickup a bargain.


I would liken them to ebay in that way, they don't want every tom dick or kevin rocking up to buy one item. They want the big boys buying dozens at a time.

Probably costs a lot more to process and brings a whole heap of work sorting out private buyers over account holders with stored and verified data.

I think if you owned a large company eventually you'd go the same way.


Yeah that's true Greg, I know a guy who's a buyer for Carcraft, he will buy maybe 30 cars on a Tuesday and the same again on a Friday. Most of the time he's paying well over book because the companies making a massive killing on the finance side. So the private buyer stands very little chance these day's of bagging a bargain, particularly with the extortionate p/b fees
#9
BCA=BS
banned#10
Ive bought 3 cars from BCA (Paddock Wood twice and Enfield) and got 3 really good deals. The buy fees weren't the levels they seem to be now though. £425 fee on a £7500 purchase? What a rip off!
#11
guv
Ive bought 3 cars from BCA (Paddock Wood twice and Enfield) and got 3 really good deals. The buy fees weren't the levels they seem to be now though. £425 fee on a £7500 purchase? What a rip off!

Last time I was at PW I lolled at how they charge for paying in CASH and sending the log book off.
#12
hi wanted to ask if some one went to the the Paddock Wood auction on wed 18 sep 2013 can you tell me what price did CK07VNY Lot LK049 go for
#13
abdulrana34
hi wanted to ask if some one went to the the Paddock Wood auction on wed 18 sep 2013 can you tell me what price did CK07VNY Lot LK049 go for

I know someone who who went to Paddick Wood twice but alas he can no longer reply
1 Like #14
Why do they charge buyers. I can understand charging the sellers as they are offering a service but why should the buyer be charged hundreds of pounds when the seller has paid a huge sum to sell his car. I must say that the cars sold in Camberley were generally of a high standard.

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