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Auction Prices Starting to Fall Today

Mon, 19 Sep 2005
It’s still patchy, and many cars are still dear, but now that supply is starting to catch up with trade demand, auction prices are starting to ease a bit. And obviously with the used market generally flat as a punctured tyre, the high prices paid early in the month were only sustainable for pre-orders and cars destined for export.

The 7k mile 04 reg MX5 Sport 6-speed in the photo sold for £10,500, which makes sense against the £14,000 discounted new price being asked for the last unsold old shape MX5 1.8 5-speeds.

I also saw my first Mazda 6 under £5,000: a 95k mile 02 2.0TS 5-door, which sold for £4,400. Yet in another hall, a sought-after 60k mile 2000W Premacy 2.0 GXI diesel made a strong £4,100.

Passat diesels still make more than Mondeos. While an 82k mile 2001/51 Mondeo TDCI 130 LX sold for £3,275 and a facelift 74k mile 2003/53 TDCI 130 Zetec for £5,150, a year older 104k mile and 98k mile 2002/52 Passat TDI 130 made £5,150 and £5,200.

A pair of FIAT Puntos made massive money for what they were. A 37k mile 03 1.2 Active sold for £3,000 and an 88k mile same shape 2000W sold for a staggering £1,600.

On the other hand, a 32k mile 04 reg Subaru Legacy 2.0 Sport Tourer station wagon looked undervalued at £10,250. And someone snapped up a rust-free 135k 88F Peugeot 204 1.4GR 5-door for a tenner, which is less than two main courses in the canteen.

Upcoming Sales:-

Tuesday 20th

Special Honda Sale Invitation Only.

Wednesday 21st
Fleet & Finance, Lex Vehicle Leasing, General section, BIG Leaseplan and Renault Financial Services sales, Hitachi Finance, Dealer Direct, Franchised Dealer p/x, Jardine p/x, Sytner p/x, Andrew Rowley p/x, Snows p/x, Whites p/x, Inchcape p/x, Black Horse.

Thursday 22nd
Light Commercials 10.00am start.
Dagenham Motors, Royal Mail, Arriva, Peugeot, Leaseplan, Northgate, Hitachi, Fleet Direct.

Friday 23rd
Fleet & Finance section, Bank of Scotland, Hitachi Capital, LTSB Autolease, Motability, Peugeot, Citroen, General section, Private Direct, Inchcape p/x, Lancaster p/x, Dealer Direct.

Monday 26th
Top Car Auction 11.00am
Black Horse Motor Finance, Porsche Retail p/x, Fleet & Finance, Leaseplan, Lex Vehicle Leasing, Franchised Dealer p/x, Inchcape no reserve p/x, Reg Vardy p/x, Hartwell p/x, Pendragon p/x, West London Nissan p/x

Wednesday 28th
Fleet & Finance, Leaseplan, Alphabet, Lex Vehicle Leasing, ING Car Leasing, Citroen, Leaseplan, General section, Jardine p/x, Ridgeway Group p/x, Sytner p/x Snows p/x, Whites p/x, Inchcape p/x, Black Horse.

Thursday 29th
Light Commercials 10.00am start.
Dagenham Motors, Northgate, Royal Mail, Lloyds TSB. Lex Vehicle Leasing, Arriva, Fleet Direct

Friday 30th
Fleet & Finance section, Hitachi Capital, LTSB Autolease, Interleasing, Motability, Peugeot, Vauxhall Leasing, General section, Private Direct, Inchcape p/x, Lancaster p/x, Dealer Direct.

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.

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

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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