Did anyone sell their car with Hampsons yesterday?
Did anyone sell their car with Hampsons yesterday?
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TonyPederson

Original Poster:

2 posts

Monday 9th March
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Hi
I was at Bolesworth yesterday, for Hampsons auctions and it was crazy how cheap the no reserve cars were going for
Did anyone sell a car and were happy?
Seen a couple of reviews for an Audi R8 going for £61,000 when the seller wanted £87,000
This was a poor man who was selling his dream car to help his business

Another was a Jeep that sold for £29,500, way under value

I guess it is great if you are a buyer!

I couldn't bid unfortunately as was blocked, due to being a member of Victims of Hampsons Auctions Facebook Group!

Tony

sixor8

7,835 posts

291 months

Monday 9th March
quotequote all
I couldn't register a card with my online account with them to bid, kept getting a 3d car error. I contacted them through the message page, and by email a week ago. Nobody bothered to answer.

Bear in mind the minimum commission charge was £600 + VAT (i.e. £720). It makes low value cars go for even less. Why all the sellers agree to this I don't know because there's a fee off the hammer price for them too! On Trustpilot, you'll see reviews of them which put me off going, several of the sellers may not have been aware they were going no reserve. frown

These pop up ones are a pain because you have to collect on the day or before lunchtime the next day to avoid uplift and storage charges.

vikingaero

12,282 posts

192 months

Monday 9th March
quotequote all
Looking at the Trustpilot Reviews they cold call sellers on Autotrader and persuade them to sell through their auction with fees and reserves being prohibited. Seems that most stuff sells for around 1/3 below their estimates, so it seems estimates are set to draw in the greedy and gullible.

Cold calling Autotrader customers is something from the 90's! biggrin

TonyPederson

Original Poster:

2 posts

Monday 9th March
quotequote all
Thanks for the replies

Mr Dendrite

2,368 posts

233 months

Tuesday
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You maybe interested to watch Geoff buys cars review of the sale on YouTube and also the follow up video. I think the phrase is eye opening.

PoorCarCollector

230 posts

43 months

Tuesday
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The guy with the R8 only really had himself to blame, he was deffo had over, but he seemingly did agree to a no reserve listing and his £86k value was totally unrealistic. Can't see him getting anything extra back now.

Surely can't last much longer though? It's crazy people still give them any cars to sell....

Wasn't there a guy on here who was setting up a another group to help victims previously? Nothing seems to have come of that?






bompey

614 posts

258 months

Tuesday
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Mr Dendrite said:
You maybe interested to watch Geoff buys cars review of the sale on YouTube and also the follow up video. I think the phrase is eye opening.
I’ve seen some of his Facebook posts. Worth looking at in more detail as it’s all a bit questionable.

sixor8

7,835 posts

291 months

Tuesday
quotequote all
He bangs on that the yellow R8 went for £63k when even the quick WBAC valuation was £71,600.

Well, if you add on the 15% fees you get £63k x 1.15 = £72,450. The bidders knew that was about the ceiling. smile Yellow v silver (and retail with a warranty) + less mileage does not equal a total of £90k like he suggests, IMHO.