john pye auctions

7
Found 5th Jan 2016
The bargain hunter's paradise you've never heard of: It's packed with Dysons, sofas and iPhones all going for a song... so what's the catch?

Business is booming at John Pye auction house in Staffs

Bargain hunters can get a £399 John Lewis sofa for £75

MoneyMail found a Hotpoint cooker at £57, a Samsung washing machine at £80 and a Kenwood fridge-freezer for £16

Items are ex-display, returns, surplus stock or from bankrupt businesses
John Pye auctions take place online and in a similar way to eBay

But they accept no returns and give no refunds - even if goods are faulty...

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7 Comments

seb

The bargain hunter's paradise you've never heard of...




[ hotukdeals.com/mis…852 ]

With the fees of greater than 40% for most items (20% buyers fees, then an additional 20% VAT) plus the gamble of not viewing before bid...both of which are not even mentioned in that article, alongside a daily £5 fee if not collected on time...not to mention the cost of fuel to and from the auction house twice (unless you want to take a gamble) it probably is only worth taking the risk on vast cut downs on goods such as very high priced furniture items you can inspect thoroughly.

I notice from the auctions things such as Samsung Galaxy S5s etc lot pictures are all in boxes...I wonder if they let you even open to check the contents?

http://88.208.217.19/Sales/Sale%20-%202059/Pictures/5.jpg

The sales blurb......

YES: All bids placed are subject to the addition of both Buyers Premium (+20%) PLUS the further addition of VAT (+20%) incurred ON TOP of all lots / invoice totals unless otherwise stated (examples below);

Lots with VAT: Y - £100 bid + BP (£120) PLUS VAT on BP & Bid Total = £144 invoice

Lots with VAT: N - £100 bid + BP (£120) PLUS VAT on BP Only = £124 invoice

cicobuff

With the fees of greater than 40% for most items (20% buyers fees, then … With the fees of greater than 40% for most items (20% buyers fees, then an additional 20% VAT) plus the gamble of not viewing before bid...both of which are not even mentioned in that article, alongside a daily £5 fee if not collected on time...not to mention the cost of fuel to and from the auction house twice (unless you want to take a gamble) it probably is only worth taking the risk on vast cut downs on goods such as very high priced furniture items you can inspect thoroughly.I notice from the auctions things such as Samsung Galaxy S5s etc lot pictures are all in boxes...I wonder if they let you even open to check the contents?The sales blurb......YES: All bids placed are subject to the addition of both Buyers Premium (+20%) PLUS the further addition of VAT (+20%) incurred ON TOP of all lots / invoice totals unless otherwise stated (examples below);Lots with VAT: Y - £100 bid + BP (£120) PLUS VAT on BP & Bid Total = £144 invoiceLots with VAT: N - £100 bid + BP (£120) PLUS VAT on BP Only = £124 invoice




Agree. And the cost of van hire if the £75 sofa won't fit in your car!

You've all been pye faced.

For anyone local to the main auction sites (Nottingham, Derby or Marchington) or the one off specials in various cities and subject to knowing what to buy at what price I believe there's some bargains to be had - even with VAT & buyers premium.

I've had some excellent bargains including BNIB SONY BDV-E3100 5.1 Smart 3D Blu-ray Home Cinema System for total £93 - at the time I think Currys and 2 others had them @ £299.99 or more

Best advice - know what to buy and at what (inclusive) price you want to pay and bid it and stick to it.

Most of John Lewis customer returns, for whatever reason, go there plus the likes of Maplin etc

Original Poster

auction responses from daily mail readers - scroll down at link.
------
Every week Money Mail receives hundreds of your letters and emails.

Here are some of the best from our recent story about cheap deals at online auction house John Pye:

Live auctions are fun to watch —just bidders getting sucked into paying a lot for something faulty.

J. M., Milton Keynes.

Why would anyone buy a dust-mite-ridden, second-hand Dyson for £60? The auction company could at least employ someone to clean them out.

H. M., London.

The trouble with people these days is that they don’t have skills like soldering or know how to do basic repairs. They are too busy playing computer games and think paying someone else to do it is the norm.

B. C., London.

I have bought from this company many times — for my personal use and also for items to sell in my shop. It is a bit of a lottery. You can get some fantastic deals but can also end up with really expensive junk you can’t use or sell.

The phones, tablets and computers always go for too much. The furniture is usually a good deal, but clothes are the best.

I bought some coats for my children for next to nothing and they were new. This is not the place to go if you want a hassle-free experience. Be prepared to repair items, or lose money on them.

J. C., London.

While people may be able to afford to purchase items this way, the old adage ‘Pay cheap, pay twice’ does spring to mind.

A. S., Barnsley.

Retailers are struggling enough as it is. Auction houses should be banned if they are selling untested and unguaranteed items.

Unscrupulous landlords could fit flats with items that break down or are not safe, then blame the tenant for damaging them and demand compensation or eviction.

If I were a tenant taking on a fully furnished flat I’d demand to know the origin of all significant electricals and white goods before signing the contract.

D. N., London.

Why would you want to buy an item someone’s returned? After all, they returned it for a reason. A toaster with crumbs in? No, thanks.

T. P., via email

The reason these types of places get bad reviews is not down to the place itself. Auction houses are clear and warn people what they are selling and to look properly.

It’s instead down to people spending without listening or truly looking at what they are buying. They blame the place when it’s not what they were expecting.

A. B., Lancashire.

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Edited by: "seb" 7th Jan 2016
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