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Car Auctions

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  • 06-01-2009 2:07pm
    #1
    irishiceman
    Closed Accounts Posts: 9 ✭


    Just want to know...

    Car market is very slow... and thinking of selling my car through auction.

    anybody done this?

    what sort of sale price can you get? im guessing its a fair whack off the market value?

    How long before a sale?

    i know no-one can give exact answers but a guide would be nice.

    thanks


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    #2
    badinfleunce
    Registered Users Posts: 101 ✭✭badinfleunce


    what type of car?


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    #3
    irishiceman
    Closed Accounts Posts: 9 ✭irishiceman


    subaru impreza sti


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    #4
    L-M
    Registered Users Posts: 23,694 ✭✭✭✭L-M


    Year mileage etc etc?

    Could take a huge hit.


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    #5
    irishiceman
    Closed Accounts Posts: 9 ✭irishiceman


    02 42miles very very clean....! not like some of the junk out there.


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    #6
    L-M
    Registered Users Posts: 23,694 ✭✭✭✭L-M


    irishiceman wrote: »
    02 42miles very very clean....! not like some of the junk out there.

    What value do you have for it? Are you trying to sell it as is? The market for that type of car is very minimal.


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    #7
    irishiceman
    Closed Accounts Posts: 9 ✭irishiceman


    Limerick-man wrote: »
    What value do you have for it? Are you trying to sell it as is? The market for that type of car is very minimal.

    these cars were valued @ 20plus last year its up for sale @ 13k ono @ the moment..... what do u mean as is?


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    #8
    L-M
    Registered Users Posts: 23,694 ✭✭✭✭L-M


    irishiceman wrote: »
    these cars were valued @ 20plus last year its up for sale @ 13k ono @ the moment..... what do u mean as is?

    What i mean is are you advertising the car now? If so where and how much? Do you plan on going to auction because you haven't had any interest? I wouldn't even look at the value they were making last year, completely different ball game.


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    #9
    irishiceman
    Closed Accounts Posts: 9 ✭irishiceman


    Limerick-man wrote: »
    What i mean is are you advertising the car now? If so where and how much? Do you plan on going to auction because you haven't had any interest? I wouldn't even look at the value they were making last year, completely different ball game.

    yeah its up on adverts @ the moment.... im planning to go to auction because i would like to conclude a sale sooner rather than later as im leaving the country....there is lots of interest just no cheques yet.... i only mentioned last years value as thats what i paid €20k so €7k is pretty hefty already and €13k was an ono price....if you search for one of these you wont find one cleaner or any for that money... i know.... i looked @ them...


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    #10
    L-M
    Registered Users Posts: 23,694 ✭✭✭✭L-M


    13k seems to be reasonable for what they are making. You could expect maybe 5 or 6k less at auction though, so i'd try putting it in a 10K and see if you get any interest.


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    #11
    pandaboy
    Registered Users Posts: 618 ✭✭✭pandaboy


    7K is a fair whack off the original price. Tbh going to auction might not be as impressive, you can never tell with these. The car might sell for 10K or 14K, you can never tell. There are a lot of Imprezas on the market now. Regardless of the year, peeps will still look to get a vehicle cheap. When going to auction the price is out of your hands, it's a risk.

    I'd hang on a while and still try to sell it yourself.

    (EDIT) Can the seller set a min price at an auction?


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    #12
    L-M
    Registered Users Posts: 23,694 ✭✭✭✭L-M


    pandaboy wrote: »
    EDIT) Can the seller set a min price at an auction?

    They can, it's known as a reserve price.


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    #13
    irishiceman
    Closed Accounts Posts: 9 ✭irishiceman


    yeah thats what i thought.... as far as i know you can enter a reserve for the car... so less risky that way......

    thanks for the help

    EDIT- Just saw ur post limerick man whoops


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    #14
    pandaboy
    Registered Users Posts: 618 ✭✭✭pandaboy


    cheers for that. Is anyone aware of any car auctions in the Munster/Cork area? My neighbour goes to Kildare as far as I know for his cars at auction.


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    #15
    L-M
    Registered Users Posts: 23,694 ✭✭✭✭L-M


    pandaboy wrote: »
    cheers for that. Is anyone aware of any car auctions in the Munster/Cork area? My neighbour goes to Kildare as far as I know for his cars at auction.

    I know there is one in Limerick, out the Corbally direction, "Munster Car Auctions". But i haven't heard many good stories about it.


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    #16
    pandaboy
    Registered Users Posts: 618 ✭✭✭pandaboy


    Limerick-man wrote: »
    I know there is one in Limerick, out the Corbally direction, "Munster Car Auctions". But i haven't heard many good stories about it.

    Ya, that's basically what the neighbour said, "car Auctions are worth the travel". I think the one he goes to is a Garda auction for repossessed vehicles and that. Got some cracking cars recently actually. A 00 Polo for like €1200 with all extras.


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