Car Auctioneer recommendations

Car Auctioneer recommendations

Author
Discussion

-Cappo-

Original Poster:

20,085 posts

215 months

Monday 10th March
quotequote all
Wasn't sure if this is best in GG or Car Buying?

This is very much NOT a camouflaged for-sale ad, but I'm looking for any experience of selling via a car auction. The car probably loosely fits into the "modern classic" genre, value £20-25k. I've decided that I want to use an auction house which will collect the car from me, take it away, and send me the money once sold. I don't want it hanging around the house and then people asking to view, etc, so I want the auction house to deal with all that faff.

Collecting Cars, I believe, leave the car with you unless you engage one of their specialists, but there aren't any in my neck of the woods.

The only two I can come up with currently are Anglia and Matthewsons. Does anyone have any good/bad/ugly experience of either of these, or indeed another option?


andrewcliffe

1,224 posts

236 months

Monday 10th March
quotequote all
There are lots of auction houses, ranging from the big boys - RM Sothebys and Bonhams to smaller provincial auction houses

-Iconic
-H&H
-Historics
-Brightwells
-Anglia Car Auctions
-Dore & Rees
-Barons
-Manor Park Classics,
-SWVA
-Cheffins
-WB & Sons
-Hampsons
-Morris Leslie
-Classic Car Auctions

Then there are those like Car & Classic, Pistonheads and Collecting Cars who just run the auction and let you sort out the actual transaction with the buyer.

Each will have a multitude of fees ranging from a listing fee, photography fee, transport, as well as a sellers premium.

-Cappo-

Original Poster:

20,085 posts

215 months

Monday 10th March
quotequote all
Thanks, that’s quite a list. I’ll have a look through those.

Meantime, if anyone has any direct experience, feedback would be appreciated.

andrewcliffe

1,224 posts

236 months

Monday 10th March
quotequote all
You want an auctioneer who is proactive in marketing, both to their mailing list but also their social media channels. I would not contemplate a late entry into an auction as there may not be enough time for buyers to find the auction.

Anglia Car auctions has a catalogue for their next sale up a month in advance and its been up a couple of weeks already. Its getting added to.

In comparison East Anglia Motor Auctions is supposedly holding a Classic & Retro auction on the 22nd March, and when you visit their website there is no idea of what is being sold, and its less than a fortnight to the auction.


sixor8

6,863 posts

280 months

Monday 10th March
quotequote all
Manor Park have no entry or listing fees, and charge 6% (5% plus vat) to the seller. Others occasionally have periods of free listing (SWVA for example) if they agree your reserve. I've sold through both and delivered my cars personally, collection is EXPENSIVE. SWVA it's free within a certain distance (I think it was 50 miles??)

andrewcliffe

1,224 posts

236 months

Monday 10th March
quotequote all
also consider the buyers fees as some buyers will often bid with an eye on the end value including their premium. Manor Park are 12.5%, ACA are 8%.

sixor8

6,863 posts

280 months

Monday 10th March
quotequote all
Plus VAT of course, so 15% and 9.6% respectively. It's a 'service charge' I think, it was announced as much on the rostrum at a CCA auction (now Iconic), so it is not recoverable. So why do so many action results not include it? frown Manor Park DO include it on their published results however.

okv3

3,081 posts

208 months

Tuesday 11th March
quotequote all
Bonhams Online offer a concierge service, I think it's about £700 + VAT but they take the car from you and deal with prospective buyers and eventually the buyer directly.