Great video James. Just for clarity for any viewers or readers of these comments, the daily auctions at Manheim are only open to trade including the evening auction at Colchester which James attended. Account holders can attend physically at any of their 11 auction site across the UK and if you are unable to attend in person, all auctions are available online via Manheim Simulcast. Manheim hold over 130 auctions per month for cars, LCVs, HGV & Plant with over 9,000 vehicles available each week.
Auctions aren't quite the bargain places people think they are. You save on average about £1000-1500 depending on car when compared to a car supermarket but you're also taking a risk.
Great post. Just saw loads of low-mileage 2011 Toyota Aygo going for less than £3k on eBay and it sold at this auction for £3.3k. Why would I pay more for a car and get basically a visual inspection... I don't get it. My advice is to swerve the auctions and go in hard with your first offer on a private sale. Most people just want to get rid of their old car so they can get a new one.
We've bought cars from Mannhiem for almost 30 years until this year when private buyers were not welcome( was wanting to spend upto £16k ) .........well thank you , we will take our trade elsewhere .
Well as a trader I really don’t see why the general public are even allowed in or permitted to view the auction catalogue online. If you want access, become a trader.
@@LCOF Because money is to be made, that's why. " If you want access, become a trader." Why would you want to become a trader if you just want a project car or something cheap to fix? 🥴Copart allows private bidders, too but with a limited choice, so you have a to use a broker who has a dealers license to get what you want, just like with Japanese vehicle auctions.
I was a private buyer where i brought my sisters & dads car from BCA wasn't happy BCA stopping private buyers in 2020 although i was out bidding trade buyers just to get my self a bargain for family.
Such a shame the public can't go anymore as I used to really enjoy it and purchased a few nice cars. I can understand why dealers don't want the odd privateer driving up prices, but surely the auction houses via their charges still make the same or more? Excluding the public feels a bit wrong and expressions like anti competitive, closed shop....etc spring to mind. I suppose its the same in other fields don't get me started on part p electrical. Whinge over, nice video
i think 1/2 the problem is that you went to the evening auction so there's private buyers there too, ive always found the day auctions to be more sensible when it comes to buying stock. also in terms of getting your bid seen i find you have better chances using the online services provided, depending on stock funds you could even look around the vehicles in person and place proxy bids online and then wait until you get an email with the invoice of stock won
Youve got to have some nerve to be a car dealer at an auction. Making a decision about a car within minutes takes a lot of knowledge and ability to work out costs and benefits in your head without any emotion. Good advice from auctioneer.
Buy privately you can check the car out property & test driver and check all the electrics Wirk & air on ect and make an offers well below asking prices….
The advantage with carwow and motorway and the like is it can be done from your office/home, almost set and forget whereas auctions are set times can take a day when you account for travel time etc. Maybe there is data to suggest one is better than the other at specific times of the year?
Bought many cheaper cars at auctions years ago, never had a problem with any of them, annoyingly the ones that cost a lot more were often more troublesome.
The problem with FaceTiming John is he’s usually too shy and when he’s holding the camera he prefers to be hush hush as he’s seeing you eye to eye. Ask him about peroxide and you’ll get a never ending story though.
Car auctions…the market is flooded with pros dude.. the chances of you getting anything good is small. The really good stuff the auctioneers make deals with guys that pay them for first dibs.. that’s not supposed to happen but everything is rigged.. anyhow, I wish you luck tho
Where do these guys get their price from 😂 it's a joke way over priced. The cars are worth about HALF what they went for. 😂😂 Old Kia over 6k ... It's worth about £2500 crazy people
Great video James. Just for clarity for any viewers or readers of these comments, the daily auctions at Manheim are only open to trade including the evening auction at Colchester which James attended. Account holders can attend physically at any of their 11 auction site across the UK and if you are unable to attend in person, all auctions are available online via Manheim Simulcast. Manheim hold over 130 auctions per month for cars, LCVs, HGV & Plant with over 9,000 vehicles available each week.
Auctions aren't quite the bargain places people think they are. You save on average about £1000-1500 depending on car when compared to a car supermarket but you're also taking a risk.
Auctions are just reflecting how overpriced used car prices are.
Not all the cars at auctions are junk, but all the junk cars are at auctions.
Agree with camera man always check the make of the tyres it gives an insight of how the car was maintained 👍
So a good make means they had cash to look after it. Also same tyres on the front means both were probably changed at the same time which is good.
Was nervous for you watching the video, however perfect insight to auctions thank you great content.
I really was quite nervous! Glad you enjoyed it ^James
Good job you came back and picked the paper up . I removed the thumbs up and REINSTATED it !
Great post. Just saw loads of low-mileage 2011 Toyota Aygo going for less than £3k on eBay and it sold at this auction for £3.3k. Why would I pay more for a car and get basically a visual inspection... I don't get it. My advice is to swerve the auctions and go in hard with your first offer on a private sale. Most people just want to get rid of their old car so they can get a new one.
We've bought cars from Mannhiem for almost 30 years until this year when private buyers were not welcome( was wanting to spend upto £16k ) .........well thank you , we will take our trade elsewhere .
Well as a trader I really don’t see why the general public are even allowed in or permitted to view the auction catalogue online. If you want access, become a trader.
@@LCOF Because money is to be made, that's why.
" If you want access, become a trader." Why would you want to become a trader if you just want a project car or something cheap to fix? 🥴Copart allows private bidders, too but with a limited choice, so you have a to use a broker who has a dealers license to get what you want, just like with Japanese vehicle auctions.
Don’t cry @LCOF 😂😂😂
I was a private buyer where i brought my sisters & dads car from BCA wasn't happy BCA stopping private buyers in 2020 although i was out bidding trade buyers just to get my self a bargain for family.
@@jassie3823 traders hate guys like us
Such a shame the public can't go anymore as I used to really enjoy it and purchased a few nice cars. I can understand why dealers don't want the odd privateer driving up prices, but surely the auction houses via their charges still make the same or more?
Excluding the public feels a bit wrong and expressions like anti competitive, closed shop....etc spring to mind. I suppose its the same in other fields don't get me started on part p electrical. Whinge over, nice video
Love auction vids, thanks very entertaining
Don’t forget you can’t colour match the metal work and the plastic bumpers. They are always close but not perfect in paint matches.
That Aygo was obscene money
Doesn't surprise me. Easy seller. Very cheap to insure, fuel etc. Also pretty bulletproof. Low risk.
i think 1/2 the problem is that you went to the evening auction so there's private buyers there too, ive always found the day auctions to be more sensible when it comes to buying stock.
also in terms of getting your bid seen i find you have better chances using the online services provided, depending on stock funds you could even look around the vehicles in person and place proxy bids online and then wait until you get an email with the invoice of stock won
Really good, well done.
Youve got to have some nerve to be a car dealer at an auction. Making a decision about a car within minutes takes a lot of knowledge and ability to work out costs and benefits in your head without any emotion.
Good advice from auctioneer.
Buy privately you can check the car out property & test driver and check all the electrics Wirk & air on ect and make an offers well below asking prices….
'I can smell bacon'??!!! Was that a reference to the place looking like a police station/custody centre like on cops programmes?🤔😆👊
The advantage with carwow and motorway and the like is it can be done from your office/home, almost set and forget whereas auctions are set times can take a day when you account for travel time etc. Maybe there is data to suggest one is better than the other at specific times of the year?
Can a member of the punblic buy at auction?
Most auctions don't allow that any more.
I bought my first car at BCA in 1995 - a 1989 Vauxhall Astra 'Swing' - I don't recall anyone bidding while eating a pasty though.
Bought many cheaper cars at auctions years ago, never had a problem with any of them, annoyingly the ones that cost a lot more were often more troublesome.
The problem with FaceTiming John is he’s usually too shy and when he’s holding the camera he prefers to be hush hush as he’s seeing you eye to eye. Ask him about peroxide and you’ll get a never ending story though.
New subscriber 👍👍
Don't bid till its on sale. Go to a few auctions and get used to the vibe.
Car auctions…the market is flooded with pros dude.. the chances of you getting anything good is small. The really good stuff the auctioneers make deals with guys that pay them for first dibs.. that’s not supposed to happen but everything is rigged.. anyhow, I wish you luck tho
If you can smell bacon, there must be police about!
3300 for that old banger wtf
Where do these guys get their price from 😂 it's a joke way over priced. The cars are worth about HALF what they went for. 😂😂 Old Kia over 6k ... It's worth about £2500 crazy people
Karens kia 😒
Zzzzzzzzz