Steve928 Posted December 8, 2015 Share Posted December 8, 2015 Purely out of interest, why would a dealer decide to put some high end (i.e. recent, low mileage) stock through a vehicle auction when there's so much money to be made on the forecourt? This one for example: http://cav.auctionview.co.uk/StockDetail.asp?Registration=FX14VKL&QueryStockIndex=5&RecCount=39&Selection=%2FQueryStock.asp&image=1&Sale=359984 Or this, which while more likely to be ex-rental is still a very low mileage and young van. http://cav.auctionview.co.uk/StockDetail.asp?Registration=MX15JXC&QueryStockIndex=6&RecCount=39&Selection=%2FQueryStock.asp&image=1&Sale=359984 Anyone have any interesting insights into how the industry works! Link to comment Share on other sites More sharing options...
Steve928 Posted December 8, 2015 Author Share Posted December 8, 2015 I think that I've answered my own question. They are entered by Black Horse Motorhomes which I took to be a dealer but is of course a finance compnay, so sadly I suspect they are repossesions :-( Link to comment Share on other sites More sharing options...
Billggski Posted December 8, 2015 Share Posted December 8, 2015 I've been to a couple of these in the past, and surpringly high prices are reached. Private buyers can get carried away and assume because it's an auction, there will be bargains. Watch the dealers and see when they drop out. (And if you find damp, where's the comeback?) Link to comment Share on other sites More sharing options...
mikebeaches Posted December 8, 2015 Share Posted December 8, 2015 Steve928 - 2015-12-08 3:10 PM Purely out of interest, why would a dealer decide to put some high end (i.e. recent, low mileage) stock through a vehicle auction when there's so much money to be made on the forecourt? This one for example: http://cav.auctionview.co.uk/StockDetail.asp?Registration=FX14VKL&QueryStockIndex=5&RecCount=39&Selection=%2FQueryStock.asp&image=1&Sale=359984 Or this, which while more likely to be ex-rental is still a very low mileage and young van. http://cav.auctionview.co.uk/StockDetail.asp?Registration=MX15JXC&QueryStockIndex=6&RecCount=39&Selection=%2FQueryStock.asp&image=1&Sale=359984 Anyone have any interesting insights into how the industry works! Unable to access the links, and get the following message: "It was not possible to process your request. This may be because a normal timeout of your session. Please try again. If the problem persists then please check that your browser allows cookies." Link to comment Share on other sites More sharing options...
yoko8pups Posted December 8, 2015 Share Posted December 8, 2015 mikebeaches - 2015-12-08 3:54 PM Steve928 - 2015-12-08 3:10 PM Purely out of interest, why would a dealer decide to put some high end (i.e. recent, low mileage) stock through a vehicle auction when there's so much money to be made on the forecourt? This one for example: http://cav.auctionview.co.uk/StockDetail.asp?Registration=FX14VKL&QueryStockIndex=5&RecCount=39&Selection=%2FQueryStock.asp&image=1&Sale=359984 Or this, which while more likely to be ex-rental is still a very low mileage and young van. http://cav.auctionview.co.uk/StockDetail.asp?Registration=MX15JXC&QueryStockIndex=6&RecCount=39&Selection=%2FQueryStock.asp&image=1&Sale=359984 Anyone have any interesting insights into how the industry works! Unable to access the links, and get the following message: "It was not possible to process your request. This may be because a normal timeout of your session. Please try again. If the problem persists then please check that your browser allows cookies." Same for me. Link to comment Share on other sites More sharing options...
Steve928 Posted December 8, 2015 Author Share Posted December 8, 2015 Links working again now, I think, must have been a database update or something. Link to comment Share on other sites More sharing options...
mikebeaches Posted December 8, 2015 Share Posted December 8, 2015 Steve928 - 2015-12-08 4:06 PM Links working again now, I think, must have been a database update or something. I suspect it's necessary to have an account and be logged-in to see the vehicles? Link to comment Share on other sites More sharing options...
Steve928 Posted December 8, 2015 Author Share Posted December 8, 2015 No, I've not got an account. Never mind, just a bit of fun.. Link to comment Share on other sites More sharing options...
Billggski Posted December 8, 2015 Share Posted December 8, 2015 I usually look at bca, you just have to register. They have motor home and caravan sales. Link to comment Share on other sites More sharing options...
davidmac Posted December 8, 2015 Share Posted December 8, 2015 Hi the dealer who I bought my motorhome from said that 50%of his stock were black horse repos, caravans as well as motorhomes Regards David Link to comment Share on other sites More sharing options...
Tracker Posted December 8, 2015 Share Posted December 8, 2015 Different dealers have different policies when it comes to used stock and trade ins. Some retail every van they buy or take in, some retail what they see as the best and sell the rest to trade buyers or send them to auction, whilst some have a policy of stocking a van for a fixed time, often three or four months, after which if it has not sold it is disposed of to keep their stock looking fresh. Some send vans to auction as a quick and easy way to maintain their cashflow whilst others send vans they are not dealers for or have doubts about being able to retail to auction. Dealers often seem loathe to reduce the price to move a van on as they seem to fear that it might stop a buyer buying another van in stock but at a higher profit level. Whichever way you look at it bargains from a dealer's forecourt are few and far between! Link to comment Share on other sites More sharing options...
Sydney1 Posted December 9, 2015 Share Posted December 9, 2015 As friend used to run small property development company. At the beginning of the recession he wanted to close it down but it still held property on it's books which wasn't selling. He took the properties( large flats on an exclusive development) to an a auction where he knew there would be little or no interest. He purchased the properties as an individual at a knock down price but in doing so realised a tax loss to the business. It could be something along the lines of that? Link to comment Share on other sites More sharing options...
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