Buyers Still Paying Over Book for Convertibles

Sat, 14 Jun 2008
Lex and BCA have combined for another highly successful convertible sale, this time staged in the Midlands at BCA’s Walsall centre on 2 June.

With over 100 registered buyers in the auction hall, plus a further 47 bidding over the internet via BCA’s Live Online service, there was plenty of demand for the mouth-watering selection of 273 convertibles assembled for the sale.

Competitive bidding in the hall and online saw 247 ragtops sold on the day for a turnover that exceeded £3.3 million. A total of 32 online buyers purchased 76 cars, representing nearly a third of the convertibles sold.

Strong sellers included:
YearModelMilesSoldVs CAP
0404 Audi A4 1.8T Sport 59K£12,150106.1%
0505Honda S2000 2.0 GT29K£15,600105.7%
0655Mazda MX5 1.8 9K£10,150107.4%
0404Saab 9-3 2.0 Aero60K£10,000103.6%
0505Porsche Boxter 2.761K£17,000108.2%
0505Mercedes CLK 1.8 20075K£18,100128.3%
0606BMW 630 CI17K£32,500106.2%

Ken Boothe, Lex’s National Remarketing Manager commented “We worked closely with our partners at BCA to ensure that we were able to offer a large selection of convertibles in one place at one time. BCA’s marketing campaign attracted hundreds of buyers both in the auction hall and online, which ensured strong and competitive bidding throughout the day.”
Simon Young, National Account Manager, BCA commented “Although convertibles might be seen as niche product, there is a strong following of buyers who either attend these special themed events in person or participate using BCA’s Live Online service. Lex vehicles are particularly prized because of the consistently high quality of product the company offers.”

Upcoming Auctions at BCA Blackbushe in June

Monday 16th June 10.00am start
Fleet Direct, Barclays Asset Management, Lex, Motability, Porsche Retail p/x, Mercedes Benz Retail p/x, Inchcape no reserve p/x, Ridgeway VW p/x, Hartwells p/x, Pendragon p/x, Franchised Dealer p/x.

Wednesday 18th June 10.00am start
Wednesday Direct, Leaseplan live online, Black Horse, Lex, Jardine p/x, ALD Automotive, Black Horse, Multi Source, Inchcape p/x, Snows Group p/x, Sytner p/x.

Thursday 19th June 10.00am start
Light Commercial None Runners and Fleet Direct, Peugeot live online, Dagenham Motors, Royal Mail, BT Fleet, Lex, Lloyds TSB, Leaseplan live online, Northgate, Citroen, XBG.

Friday 20th June 10.00am start
Fleet & Finance, Lloyds TSB Autolease, Motability, Lex live online, Multi-source, Charters p/x, British Telecom Fleet live online, Vauxhall Leasing, Masterlease, Hitachi Capital, Eden Group, Inchcape p/x, Private Sure Sell.

Monday 23rd June
Fleet Direct, Barclays Asset Management, Lex, Motability, Porsche p/x, Mercedes Benz Retail p/x, TOP CAR, Inchcape no reserve p/x, Ridgeway VW p/x, Hartwells p/x, Pendragon p/x, Franchised Dealer p/x,

Wednesday 25th June 10.00am start
Volvo, Wednesday Direct, Leaseplan, Sytner p/x, Lex, ALD Automotive, Jardine p/x, Black Horse, Multi Source, Inchcape p/x, Snows Group p/x.

Thursday 26th June 09.30am start
Light Commercial Non Runners, the Light Commercials from Fleet Direct, Royal Mail, BT Fleet, Vauxhall Leasing, ING Leasing, Hitachi Capital, Lloyds TSB, LEX, Northgate, Citroen.

Friday 27th June 10.00am start
Fleet & Finance, Lloyds TSB Autolease, Motability, Lex live online, Multi-source, Charters p/x, British Telecom Fleet live online, Masterlease, Hitachi Capital live online, Peugeot Motor, Eden Group, Inchcape p/x, Private Sure Sell.

Monday 30th June 10.00am start
Fleet Direct, Barclays Asset Management, Lex, Motability, Porsche Retail p/x, Mercedes Benz Retail p/x, Inchcape no reserve p/x, Ridgeway VW p/x, Hartwells p/x, Pendragon p/x, Franchised Dealer p/x.

As always the best way to look for a specific car coming up at a BCA auction or to pre-check a day’s sale is to visit www.auctionview.co.uk If you are a BCA account holder this service also now gives composite price information (average auction price, CAP and Glass’s) and now allows you to buy a selection of cars directly on-line.

Please Note BCA Now Charges All Private Buyers a £23.50 VCA New Keeper Transfer Fee. On behalf of the vendors, BCA is required to notify DVLA via the V5C of changes of ownership.

For sales at BCA Edinburgh, click here for full details: www.british-car-auctions.co.uk/main.asp?page=60

For BCA online auctions go to www.bca-online-auctions.co.uk. Two types of sale: Live Online and Open Tender. These are only available to BCA MyBCA Loyalty Card holders.

BMW group sales at BCA www.british-car-auctions.co.uk/Default.aspx?page=2537

BCA's exclusive Commercial Auction View service at www.commercialauctionview.com.

BCA Peterborough stages Motorbike sales on the last Friday of each month, with high volume Super Sales featuring ‘bikes from Black Horse every two months. (Next Super Sale on 25th June). Sales start at 1pm and all are welcome to attend. There is secure motorcycle parking on the day and an expert and enthusiastic Sales Team on hand to answer questions. Viewing is on the morning of the sale and BCA can arrange transport to anywhere in the UK.

Full catalogue details and a picture of every motorbike entered for the sale will be available online in advance through BCA’s exclusive Commercial Auction View service (www.commercialauctionview.co.uk).

For future police sales at West Oxfordshire Motor Auctions. Visit www.woma.co.uk, click on ‘stocklist’, then click on search, or use the faxback on 0906 3080 953 at 60p per minute. Sales are held on Tuesday and Thursday evenings from 5.30pm.

Brightwells HUGE WEEKLY 4x4 SALE takes place every Tuesday at Easter’s Court on the A49 by-pass, Leominster, Herefordshire, start time 11.00am, phone: 01568 611325, website: www.brightwells.com

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