That Punto would have had my money, I'd have spent £500 to get it right and used it for a few years, motoring for next to nowt for a few years, especially compared to car prices recently.
Same, I have never had a personal runner that I haven't sold it after 3-7 years for less than I bought it. I had a van once that paid me out twice on insurance over 4 years that it paid for itself twice, the insurance and tax over the time and a few grand left over.
Its bad news really if the prices aren't coming back down as its a unnatural pricing market. The 5k+ market is still 40% overpriced even your prices are a good 25% over. The whole industry is unsustainable with 15 million used cars sat around the uk it's really a buyers market.
I've got a 2013 Honda Civic 2.2 iDTEC here ( Ireland ) . Guys selling them for between 8k euro right up to 10k euro ( 1.6 + the 2.2 diesel ) . Mad stuff !!
Hi Lee. There are some Very Nice Cars there. Nice Ford Focus. Very clean. Lovely Tigra with Leather. I'm Spoilt lol. £800 was cheap. Good video Lee. Chat soon 😅🇨🇮
Love this auction style video lee and great that aston barclay allow it so good on them,surprised you didn't go for the ka at that price,hope the punto turns out a good guys aswell 🙂👍
I thought you was serious about thr vauxhall insignia. Don't knock them. I must be lucky. I had one for five years from 92K on the clock and sold it with 146K on the clock. I purchased nearly a year ago another vauxhall insignia estate 1.6ltr 2016 and its another good runner. With easy 65mpg - 68mpg and only £20 tax for the year. Cheap for parts and one or the easiest cars to service yourself and to change brake pads and discs. Fan of the channel, keep up the good work.
@@Matty12333 if looked after properly, mostly so yes... A few too many wind up belonging people who want, to Clarkson it, "an car" and run it on a shoestring until something goes wrong.
i watched a bit of my local auction the other night and a 62 plate basic automatic 4 door ford fiesta 1.2 with 89,000 miles sold for £4200..........crazy!!
i had to check the auction listing to check the millage,i know people say small automatic cars are at a premium at the moment but that car was crazy@@nothingsurprisesmeanymore
Lol, it seems to change from week to week. "No money in second hand motors, luxury cars and EVs will soon be exchanged for three crisp wrappers." "Dealers can't make any money, going out of business." Now they are pricey again? From a punters point of view I'd love to see the dramatic market rollercoaster translate to lower retail prices for "ordinary" cars, but curiously they went high and stayed high.🤔
Because its supply and demand the market is being flooded with new cars that people don't want and can't afford so they're buying used cars. Small cheap economical cars are being killed off and the value of existing ones is therefore rising. People are paying for relability and cheap running costs more than they are the car itself. EVs are overpriced to begin with and their drop in value is them dropping to the price they should have been to start with Vauxhall Corsa and Pegueot E 308 both had £10k knocked off brand new list prices by dealerships to make them shift you can just look on auto trader. Luxury cars always lose lots of value as they start to become a massive liability with age.
@@gravemind6536That plus parts availability and high repair costs mean more cars are getting written off that probably shouldn't be... If the former owners of these written off cars then go back to spend just the payout, they'll be fishing in an ever smaller pool.... Supply starts to look much tighter in relation to demand.
Be careful m8, I nearly brought a car but Arnold Clark tried to do me by trying to part ex my 2010 Vauxhall Astra with 103k miles on the clock by offering £50 disgusting 😢😬
@@carljasonbarrett1970 Never part ex a car, you're better off with we buy any car than that still don't get what the car is worth of course but its a middle ground between part ex and private sale. Toyota did offer me £100 for a 2003 VW Golf 1.9 SDI with 257,000 miles back in 2019 I turned them down and sold for £300 myself mostly because I didn't want them to scrap it. Ironically that very car would be worth at least £600 now. Markets gone nuts.
I always think of the Leeds car auctions fondly at Hunslet, the owner banned "Hog Rollin" American style auctioneering, you didn't have to try and guess the price or work out WTF it is they are trying to say. None of this £750 two two two two two two £775 crap. They would just say bid stands at £750, last call at £750 and bang went the hammer, you held out you missed out.
People are down sizing and handing their lease cars back. This is the reason these run a rounds are selling well. With the economy heading down means the luxury end is struggling, middle range is stalling and bottom end is holding up well and should continue for some time to come. fwiw
It of course doesn't help when small, reliable and economical cars are being killed off and replaced with bloated expensive crossovers and SUVs. Especially when scrappage schemes have killed off many perfectly decent cars.
@@gravemind6536Scrappage schemes AND insurance companies writing off easily repairable cars that they can't be bothered with (or that now cost more than they should to fix).
I think dealers know that cars £5k+ retail are not selling so the demand is for trade values around £2500 or so even if that is technically over book. Buyers won't know whether the retail value is over or not, they are just happy to be able to afford the car. "Cheap" cars are overpriced but that's where the demand is. Give up your £200 per month PCP and buy a car for cash and own it.
So, let me see if I have this right --- in the run up to and over Christmas when no one on earth is thinking about buying a car, the prices are down, and as the new year gets started and everyone is thinking about possibly getting a new car the prices go up?
Yes, there has been a big jump in sales in the new year, also new registration are up for the first time in months and used sales up to, people were holding off for xmas and the falling prices to settle.
the only thing keeping prices higher are the dealers bidding on them, its called supply and demand, low supply = high demand and high prices, high supply = low demand and low prices
Surprised you don't buy more Volvo's... The majority in your target price bracket have engines you like (1.6/1.8 Zetec or 2.0 Mazda petrols, 1.6/2.0 HDI diesels... And maybe even some bombproof Volvo 5-cyl diesels sometimes too)... Talking C30/S40/V50 in particular.
Are used to go to the British car auction, but now it’s closed auction only online and I’m not a car dealer. I’ll just buy the occasional car. Has anyone got any suggestions?
They never went down! What makes it worse the auction prices are insane then there's their extortionate fee's some. Then the sheeple out there want them all for nothing they think £1000 buys a new Maserati! That's the sad but insane part...
Nah you do right - have a ceiling price and stick to it - there are loads of cars and you will get your stock no need to hamper yourself with overpriced stock - margins........ its margins...... no need to put loads into a car for a hundred quid with the liability hanging over you when you sell them
driven one those corsa 1.2 sports but i had an auto it was brand new with 2k on the clock. i was given it while my insurance sorted out few things and i say that auto ruined the car it change down unnecessary all the time. it love the red line and climb the slip road merge on to a duel the duel was only a slight climb it refused to change up to top gear till leveled out stuck in 4th out 6th at 5k rpm for no reason. worst thing it did another sight hiil on duel went to change lane the daft car changed to 3rd gear i had odd look passing someone at 5mph more and car was screaming. why could the daft computer thing i got torque i use it, my old diesel put foot down few sec later it pick up and go no issues no need to change down and this had less power and torque than the corsa, my current i20 1.2 put foot down it soon start to gain speed in quick enough fashion. was just no need for that auto to change down like it did or hold gears, 2nd day i decided if it wants to be daft screw it, foot to floor what it was not happy with. if it was diesel with that auto i feel it may been better and computer commands to change would be different but a 1.2 in a auto no way, it soon got through 20 liter fuel a manual prob would would got double the miles, but computer wanted to rev so i helped it by the end and funny thing is after driving it brand new car it may been the face lift one 20 plate think only thing i like was cruise control and i moved out under powered 70bhp 120nm 2007 fiesta 1.4 tdci basic spec, seats gave back issues, it was a new car i dread to think issues it have in 10 years with that auto as all the auto did want to abuse the engine what i did not need to do just stay in same gear as it had the power to do it and change when up to speed a diesel feel it would been better with auto but not the 1.2 petrol
Good vid Lee,now that the Christmas Barclay card's are paid off Spring fever comes early as the weather is holding! Some silly money being paid out before the daffodils are Are fully out,little cars can be good little earner, Well done ,Bill.
C1 and puntos good sellers.Alththough I am not particularly keen on those brands.I am more of a Japanese brand oriented,such as Honda or Toyota. I presently own a Honda CRV hybrid myself.
Gone mental been trying to find a small cheap automatic 1st car for someone with a 2.5k budget 😂 .I bid up to £1100 plus fees for a 2004 Hyundai Getz on a Cat N mental made £1350 plus fees. A tatty auto Jazz made a grand 😂😂
Curious, with the bloodbath that’s happening in the used EV market, is this pushing dealers to stock up on used ICE cars which is driving up prices? If that’s the case then used prices will only continue to rise for ICE cars as demand increases and supply tightens
shows you the money car markets make as all fancy the whole thing is corrupt look at these guys no 33 what is he doing in there .your a respectd dealer as are a few but the weirdos that just walk around are they buying or do they buy
You're quite disciplined with your max bids. Would be so tempting to go higher on motors you really want. ie. That Focus. Anyway, keep up the good work! 👍
I'm guessing the point is a trader would only "really want" them to sell - which means the price has to be right for profit... Bidding up squeezes the margin. Still, you're absolutely right that it must take discipline to stick to your gut feeling of what to pay!
nice on Lee. I know you're a closet Punto fan from long past videos. don't get the private plate on that Mazda 3 though I'm sure it meant something to someone. you're closing in on 50k subscribers; won't be long...
Hi Lee, I worked for Ford in S Wales building the Zeta (1.6, 1.8 & 2.0L) and Sigma (1.25, 1.4 & 1.6 later became 1.5) engines, the 1.8L Zeta was the first engine to be built. These facilities were installed when Ford build engines to last, the EcoBoost engines are built in Cologne and Romania🫣
Hi phil, yes the zeta and sigma engines are decent units. Been doing a lot or research into Eco boost recently and as you rightly say they are all made in Europe over the two plants mentioned. What i find curios is why the same engines are being recalled in the US but yet the same engines in the UK and EU are not. Very odd position to take when they are all made in the same place and will have the same issues.
@@carukchannelwe also made the JLR V6/v8 petrol and v8 petrol (Nikasil )and the Volvo i6 engines the first engine to be produced was the old 8 valve CVH unit.
A.C.E inspectors love the new buzz word, "durability" dont they? Finance companies then roll over too easily. It doesn't sound like your finance company BDM supported you adequately. Good luck with your request for costs etc.
Yep - buy on engine... If it's an engine capable of huge miles, then starting on "high" miles still leaves loads left in the bank - as long as it's been cared for. Volvo 5-pots do it for me - a good D5 will do silly miles, so buying at 100k+ is nothing 😁
@EnglishTMTB I always go for a v6 diesel. Audi or at the moment I'm driving a vw touareg r line. I think most cars are good it's just there not maintained. Mine is going into main dealer next month for full engine and gearbox service
@@gerryryan2142 those TDI V6 engines are great if looked after properly, as you say... Some cars no amount of maintenance seems to help. There does seem to be a kind of perverse logic in going primarily for cars and/or engines that imply proper maintenance is more likely... But it's served me well 🤣 Certain brands (Volvo's with Volvo engines, pre-Geely, usually seem/seemed to have better than average service history and preventative maintenance records, likewise with many Honda's and Toyota's on their first owners) or engines that only petrolheads would really want, likewise - I don't tend to trust SUVs on this metric, but there will always be exceptions I'm sure. Oh and for me, it's always manual boxes, for several reasons!
Noticed you were sat in the c1 connection, the most bizarre combination of colours being Black and the Red. On this auction visit I did notice the old guy in the cap bought a fiesta, he kept walking upto the car then ignalling to the auctioneer, find it quite interesting how people bid without trying to give the game away. Did think you may have bought the blue 107 with it being the right colour and door model, but guess with tight margins. Possible could sell those cars with no warranty and mark them up by £400 perhaps. I do not think prices will ever go down to pre covid levels mainly because of inflation. Showing me age my dad bought a 1980 escort new shape at the time for £3500. A year later traded it in for a VW Jetta and got £3900 on the escort. Once inflation is in prices remain inflated. Thanks for the great insight into the auction.
I sell all my cars with warranty, trying to sell stuff sold as seen is a big no no when selling to the public for lower margins. Yes it was a c1 connection, we put the door handles back to black and it sold the first day on sale. Thanks for watching phil
Private sellers have no overheads as they are not running a business and don't need to shift stock in a hurry to make space for new stock. They can wait for right mug to come along.
@@carukchannelThanks for a speedy reply great channel I´m not in the market for a car as i live in Austria but I like to make comparisons..... for instance a 2012 Dacia Duster (fair condition) with 126,00 kms €5,750 .a bargain ????? dont think so cheers P
I like your honesty about costs and selling prices.
The Golf convertible was clearly contaminated with the bug that causes auction fever and sadly two traders were infected - that was madness
"My dent man's not very good...." 🤣🤣🤣😂
Prices at auction have been crazy in Jan and Feb!! Very had to buy stock
I do like your pre auction walk around, particularly the weak points on each of the makes and models. Thanks.
That Punto would have had my money, I'd have spent £500 to get it right and used it for a few years, motoring for next to nowt for a few years, especially compared to car prices recently.
Same, I have never had a personal runner that I haven't sold it after 3-7 years for less than I bought it. I had a van once that paid me out twice on insurance over 4 years that it paid for itself twice, the insurance and tax over the time and a few grand left over.
Prices definitely appear to be on the up. Getting more difficult to buy an economical second hand vehicle.
Disgusting 😢🙄😬
Its bad news really if the prices aren't coming back down as its a unnatural pricing market. The 5k+ market is still 40% overpriced even your prices are a good 25% over. The whole industry is unsustainable with 15 million used cars sat around the uk it's really a buyers market.
Great to watch keep up the good work boss
Good buy on that Punto , as you said a lot of cars still going way over book , excellent video Lee 👍
Thanks 👍
2 thoughts - Found the actual auction really interesting and god crappy Fords go for way toooo much money.
I've seen cars on Autotrader from 2015 to 2017 priced at between 6, 7 & 8k & the mileage is between 70k & 90k miles, unbelievable 😢😮😮😮
I've got a 2013 Honda Civic 2.2 iDTEC here ( Ireland ) . Guys selling them for between 8k euro right up to 10k euro ( 1.6 + the 2.2 diesel ) . Mad stuff !!
@@bloke755 Prices are crazy a new Civic now starts at £35000!!!!
I totally agree, that’s why I’m gonna go and look at a new mg with 7 year warranty
My 2016 Toyota Auris on 75,600 miles is worth just over £7k on auto trader and I only paid £9.5k for it with 40k miles on it back in 2019.
@@bloke755 A new Civic now starts at £35000!!
Follow up on those purchases is a must 👌
Great video as usual.
Hi Lee. There are some Very Nice Cars there. Nice Ford Focus. Very clean. Lovely Tigra with Leather. I'm Spoilt lol. £800 was cheap. Good video Lee. Chat soon 😅🇨🇮
Love this auction style video lee and great that aston barclay allow it so good on them,surprised you didn't go for the ka at that price,hope the punto turns out a good guys aswell 🙂👍
I understand the 1.25 fiesta engine is a Yamaha engine from Mazda’s involvement… of course anything Japanese is “normally” excellent… 😊
That was the earlier 1.25 zetec engine. Think the Mk7 ones are ford
@@Matty12333 is that where the keyless crank and camshafts got introduced..?
its a trend dealers know whats selling well sub 5k cars
I thought you was serious about thr vauxhall insignia. Don't knock them. I must be lucky. I had one for five years from 92K on the clock and sold it with 146K on the clock. I purchased nearly a year ago another vauxhall insignia estate 1.6ltr 2016 and its another good runner. With easy 65mpg - 68mpg and only £20 tax for the year. Cheap for parts and one or the easiest cars to service yourself and to change brake pads and discs. Fan of the channel, keep up the good work.
The 2016 is the facelift model and it fixed everything wrong with the original Insignia.
Vauxhalls are pretty reliable and same with most fords
@@Matty12333 if looked after properly, mostly so yes... A few too many wind up belonging people who want, to Clarkson it, "an car" and run it on a shoestring until something goes wrong.
i watched a bit of my local auction the other night and a 62 plate basic automatic 4 door ford fiesta 1.2 with 89,000 miles sold for £4200..........crazy!!
Automatic fiesta that age would be 1.4 or 1.6 and they hold their money because small auto sadly
Should be a £1100 retail car. Everyone has lost their bloody minds in this industry. 🤦♂️
i had to check the auction listing to check the millage,i know people say small automatic cars are at a premium at the moment but that car was crazy@@nothingsurprisesmeanymore
Ya shoulda bought the Ka.
Another great video,keep 'em coming.
hoping none of these crossed the Rufford Ford and flooded
😁👍
Lol, it seems to change from week to week. "No money in second hand motors, luxury cars and EVs will soon be exchanged for three crisp wrappers." "Dealers can't make any money, going out of business." Now they are pricey again? From a punters point of view I'd love to see the dramatic market rollercoaster translate to lower retail prices for "ordinary" cars, but curiously they went high and stayed high.🤔
Because its supply and demand the market is being flooded with new cars that people don't want and can't afford so they're buying used cars. Small cheap economical cars are being killed off and the value of existing ones is therefore rising. People are paying for relability and cheap running costs more than they are the car itself. EVs are overpriced to begin with and their drop in value is them dropping to the price they should have been to start with Vauxhall Corsa and Pegueot E 308 both had £10k knocked off brand new list prices by dealerships to make them shift you can just look on auto trader. Luxury cars always lose lots of value as they start to become a massive liability with age.
@@gravemind6536That plus parts availability and high repair costs mean more cars are getting written off that probably shouldn't be... If the former owners of these written off cars then go back to spend just the payout, they'll be fishing in an ever smaller pool.... Supply starts to look much tighter in relation to demand.
Are the general public starting to buy cars from auctions and hence the prices are going up for the trade auctions?
Im looking to change my car and cant believe the prices so looking like i will keep mk e a little longer and hope they come down soonish
Be careful m8, I nearly brought a car but Arnold Clark tried to do me by trying to part ex my 2010 Vauxhall Astra with 103k miles on the clock by offering £50 disgusting 😢😬
@@carljasonbarrett1970 Never part ex a car, you're better off with we buy any car than that still don't get what the car is worth of course but its a middle ground between part ex and private sale. Toyota did offer me £100 for a 2003 VW Golf 1.9 SDI with 257,000 miles back in 2019 I turned them down and sold for £300 myself mostly because I didn't want them to scrap it. Ironically that very car would be worth at least £600 now. Markets gone nuts.
That Vauxhall Tigra with a 1.8 petrol engine must be quite nippy, I'd imagine.
You wouldn’t touch those cars in Canada for those prices…plus, NO DIESELS ,unfortunately. Kindest regards 🇨🇦🇨🇦
I always think of the Leeds car auctions fondly at Hunslet, the owner banned "Hog Rollin" American style auctioneering, you didn't have to try and guess the price or work out WTF it is they are trying to say.
None of this £750 two two two two two two £775 crap.
They would just say bid stands at £750, last call at £750 and bang went the hammer, you held out you missed out.
Shame you didn't buy the Tigra. Ex used to have a 1.8 one. Really nice car, and with the spring coming soon, people start looking for convertibles!
My mum bough her Nissan note 2012 (cat s ) 40k miles for 3k back in 2017 sold it for £2500 in 2023 80k mikes
People are down sizing and handing their lease cars back. This is the reason these run a rounds are selling well. With the economy heading down means the luxury end is struggling, middle range is stalling and bottom end is holding up well and should continue for some time to come. fwiw
It of course doesn't help when small, reliable and economical cars are being killed off and replaced with bloated expensive crossovers and SUVs. Especially when scrappage schemes have killed off many perfectly decent cars.
@@gravemind6536Scrappage schemes AND insurance companies writing off easily repairable cars that they can't be bothered with (or that now cost more than they should to fix).
Tough competition at the auction. I think the Punto will make a good car for someone
Cost of living, people are more wise with their spendings now
I think dealers know that cars £5k+ retail are not selling so the demand is for trade values around £2500 or so even if that is technically over book. Buyers won't know whether the retail value is over or not, they are just happy to be able to afford the car. "Cheap" cars are overpriced but that's where the demand is. Give up your £200 per month PCP and buy a car for cash and own it.
Even the copart stuff is stupid money At the minute
So, let me see if I have this right --- in the run up to and over Christmas when no one on earth is thinking about buying a car, the prices are down, and as the new year gets started and everyone is thinking about possibly getting a new car the prices go up?
Yes, there has been a big jump in sales in the new year, also new registration are up for the first time in months and used sales up to, people were holding off for xmas and the falling prices to settle.
the only thing keeping prices higher are the dealers bidding on them, its called supply and demand, low supply = high demand and high prices, high supply = low demand and low prices
Hi Lee ,, Another great insight, into the 2nd Hand car Market ,,
Some silly prices there mate ,,
Keep em coming , Stay Safe All ,, 👍
Thanks 👍
@carukchannel It's a pleasure mate ,, I live locally ,,, a few miles , I know how hard life is in our surrounding areas ,,
Thanks Mr Lee for another informative video , keep them coming 👍
I'll never understand why anyone would buy a diesel cabriolet. The noise would irritate the hell out of me every time I pulled away.
Surprised you don't buy more Volvo's... The majority in your target price bracket have engines you like (1.6/1.8 Zetec or 2.0 Mazda petrols, 1.6/2.0 HDI diesels... And maybe even some bombproof Volvo 5-cyl diesels sometimes too)... Talking C30/S40/V50 in particular.
Are used to go to the British car auction, but now it’s closed auction only online and I’m not a car dealer. I’ll just buy the occasional car. Has anyone got any suggestions?
Find an Aston barcley only way until or if they reopen to public been some talks as there lossing a lot of cash and posting big losses BCA group
Auction buying fees are excessive. Have you tried ebay auctions filtered for private sellers?
They never went down! What makes it worse the auction prices are insane then there's their extortionate fee's some. Then the sheeple out there want them all for nothing they think £1000 buys a new Maserati! That's the sad but insane part...
23:20 great buy
Decent buy the Punto at that money.
I think it always has been up. Can’t really get huge bargains at auctions anymore. Too much competition nowadays too.
In the 90s you could get a car for £30 at auction.
In the 80s i brought a Marina van for £25 at auction.
@@lazer5582 I would've thought they gave you £25 to take it away.
My first car was £40 quid at auction for a Fiat 127 and it cost £45 to insure
Nah you do right - have a ceiling price and stick to it - there are loads of cars and you will get your stock no need to hamper yourself with overpriced stock - margins........ its margins...... no need to put loads into a car for a hundred quid with the liability hanging over you when you sell them
driven one those corsa 1.2 sports but i had an auto it was brand new with 2k on the clock. i was given it while my insurance sorted out few things and i say that auto ruined the car it change down unnecessary all the time. it love the red line and climb the slip road merge on to a duel the duel was only a slight climb it refused to change up to top gear till leveled out stuck in 4th out 6th at 5k rpm for no reason. worst thing it did another sight hiil on duel went to change lane the daft car changed to 3rd gear i had odd look passing someone at 5mph more and car was screaming. why could the daft computer thing i got torque i use it, my old diesel put foot down few sec later it pick up and go no issues no need to change down and this had less power and torque than the corsa, my current i20 1.2 put foot down it soon start to gain speed in quick enough fashion. was just no need for that auto to change down like it did or hold gears, 2nd day i decided if it wants to be daft screw it, foot to floor what it was not happy with. if it was diesel with that auto i feel it may been better and computer commands to change would be different but a 1.2 in a auto no way, it soon got through 20 liter fuel a manual prob would would got double the miles, but computer wanted to rev so i helped it by the end and funny thing is after driving it brand new car it may been the face lift one 20 plate think only thing i like was cruise control and i moved out under powered 70bhp 120nm 2007 fiesta 1.4 tdci basic spec, seats gave back issues, it was a new car i dread to think issues it have in 10 years with that auto as all the auto did want to abuse the engine what i did not need to do just stay in same gear as it had the power to do it and change when up to speed a diesel feel it would been better with auto but not the 1.2 petrol
Chronic water leaks through the bulkhead on those Tigras, unfortunately I had one 😂
Yes they can get like a pond
Great auction video as always Lee 👍
Good vid Lee,now that the Christmas Barclay card's are paid off
Spring fever comes early as the weather is holding!
Some silly money being paid out before the daffodils are
Are fully out,little cars can be good little earner,
Well done ,Bill.
Nice one Lee that punto was a top buy 300 notes can’t go wrong can’t wait to see how in turns out have a Top week Lee 🙂🔧🔧✌️
C1 and puntos good sellers.Alththough I am not particularly keen on those brands.I am more of a Japanese brand oriented,such as Honda or Toyota. I presently own a Honda CRV hybrid myself.
I just bought a new (used) car, paid a week ago. Did i accidentally buy at the right time?
That white focus looks like an ex police car
Far to much Adds by RUclips spoils the enjoyment of the video
Sorry spiders YT place the adds on the content, other than my sponsor at the beginning I have no control over them 😔
firefox + adblockers to get rid of the filthy misinformation!!!
So hard to get good stock right now for a good price
I'm really interested to see how the Fiat Punto does retail, as my Mum used to have one back in the day.
Gone mental been trying to find a small cheap automatic 1st car for someone with a 2.5k budget 😂 .I bid up to £1100 plus fees for a 2004 Hyundai Getz on a Cat N mental made £1350 plus fees. A tatty auto Jazz made a grand 😂😂
50 k subs wonderfully close.
Hi lee why dont you deal in salvage cars from salvage auctions😊
To much hassle and I don't see any more money in them for more work you need to repair them
Curious, with the bloodbath that’s happening in the used EV market, is this pushing dealers to stock up on used ICE cars which is driving up prices? If that’s the case then used prices will only continue to rise for ICE cars as demand increases and supply tightens
That's not a phrase you hear very often 'I'll cheer myself up and buy a mokka' 😂
Indeed 🤣 I call them the "Mockery" (ironically they then released the EV version that's pronounced just that way - seemingly obliviously 🤣🤣🤣🤣)
I like the ka car
shows you the money car markets make as all fancy the whole thing is corrupt look at these guys no 33 what is he doing in there .your a respectd dealer as are a few but the weirdos that just walk around are they buying or do they buy
I had a ka car my selfe last year
CAR prices going back up makes no sense. Just means we won't buy for even longer. Lol😅
How much is a 1.25 Fiesta Zetec 82 bhp 2010 worth? 97,000 miles
Good vid again lots of valuable info, question what do you think about a 1200 tdi greenline skoda 88000
IMHO I think you bought well today. I know there was couple that you missed out on but overall not to bad.
You're quite disciplined with your max bids. Would be so tempting to go higher on motors you really want. ie. That Focus. Anyway, keep up the good work! 👍
I'm guessing the point is a trader would only "really want" them to sell - which means the price has to be right for profit... Bidding up squeezes the margin.
Still, you're absolutely right that it must take discipline to stick to your gut feeling of what to pay!
nice on Lee.
I know you're a closet Punto fan from long past videos. don't get the private plate on that Mazda 3 though I'm sure it meant something to someone.
you're closing in on 50k subscribers; won't be long...
Another excellent video. Thankyou.
👍👍
Hi Lee, I worked for Ford in S Wales building the Zeta (1.6, 1.8 & 2.0L) and Sigma (1.25, 1.4 & 1.6 later became 1.5) engines, the 1.8L Zeta was the first engine to be built. These facilities were installed when Ford build engines to last, the EcoBoost engines are built in Cologne and Romania🫣
Why does it matter where they are built? It's how they are designed that is important.
Hi phil, yes the zeta and sigma engines are decent units. Been doing a lot or research into Eco boost recently and as you rightly say they are all made in Europe over the two plants mentioned. What i find curios is why the same engines are being recalled in the US but yet the same engines in the UK and EU are not. Very odd position to take when they are all made in the same place and will have the same issues.
@@carukchannelwe also made the JLR V6/v8 petrol and v8 petrol (Nikasil )and the Volvo i6 engines the first engine to be produced was the old 8 valve CVH unit.
@@carukchannel It looks like they take consumer rights more seriously in the US doesn't it?
You done it going on and on about how cheap it was what you expect
PLUS THE AUCTION FEES !!!!
A.C.E inspectors love the new buzz word, "durability" dont they? Finance companies then roll over too easily. It doesn't sound like your finance company BDM supported you adequately.
Good luck with your request for costs etc.
I always buy high milage, better value if there minded. I never had any problems
Yep - buy on engine...
If it's an engine capable of huge miles, then starting on "high" miles still leaves loads left in the bank - as long as it's been cared for.
Volvo 5-pots do it for me - a good D5 will do silly miles, so buying at 100k+ is nothing 😁
@EnglishTMTB I always go for a v6 diesel. Audi or at the moment I'm driving a vw touareg r line. I think most cars are good it's just there not maintained. Mine is going into main dealer next month for full engine and gearbox service
@@gerryryan2142 those TDI V6 engines are great if looked after properly, as you say... Some cars no amount of maintenance seems to help.
There does seem to be a kind of perverse logic in going primarily for cars and/or engines that imply proper maintenance is more likely... But it's served me well 🤣
Certain brands (Volvo's with Volvo engines, pre-Geely, usually seem/seemed to have better than average service history and preventative maintenance records, likewise with many Honda's and Toyota's on their first owners) or engines that only petrolheads would really want, likewise - I don't tend to trust SUVs on this metric, but there will always be exceptions I'm sure.
Oh and for me, it's always manual boxes, for several reasons!
@@EnglishTMTB auto for me all the way 😁
Noticed you were sat in the c1 connection, the most bizarre combination of colours being Black and the Red. On this auction visit I did notice the old guy in the cap bought a fiesta, he kept walking upto the car then ignalling to the auctioneer, find it quite interesting how people bid without trying to give the game away. Did think you may have bought the blue 107 with it being the right colour and door model, but guess with tight margins. Possible could sell those cars with no warranty and mark them up by £400 perhaps. I do not think prices will ever go down to pre covid levels mainly because of inflation. Showing me age my dad bought a 1980 escort new shape at the time for £3500. A year later traded it in for a VW Jetta and got £3900 on the escort. Once inflation is in prices remain inflated. Thanks for the great insight into the auction.
I sell all my cars with warranty, trying to sell stuff sold as seen is a big no no when selling to the public for lower margins. Yes it was a c1 connection, we put the door handles back to black and it sold the first day on sale. Thanks for watching phil
I’ve been looking on autotrader and private sellers are asking equal or more than dealers. Crazy no warranty nowt. KA a bargain?
Private sellers have no overheads as they are not running a business and don't need to shift stock in a hurry to make space for new stock. They can wait for right mug to come along.
Lee are there any offer codes on the top dom 600 please
Can't believe you didn't get the Ka Lee. £800 was a great price and you'd have sold it in days for £2000 or more.
Was cheap, I have 2 ka's to fix and 2 500's to fix, don't need anymore 😄
Good vlog.glen.
It's the private sales and the car needs a service , breaks and tyres and probably other bits . That means the price is way too much
Brakes 😮
Lovely jubbly👍
Can't resist a cheap car ,can flip that quickly.
Is this auction open to the public or dealers only?
Both
Have you seen many Nissan Pulsars at auction?
punto a winner winner chicken dinner
Quite like the 5dr c1
great video lee
Are the Vans still going for crazy money at auctions?
If the prices like that at the auctions might put my car in there that I'm trying to sell
Never mind at least rattling ford ecoboost are still only 20p each 😂
Brilliant video lee
Hi Ok sorry just a silly question but is this auction just for dealers or can private buyers also join in ?
Private buyers can attend this auction, always check with the auction for what id you need to register for the sale
@@carukchannelThanks for a speedy reply great channel I´m not in the market for a car as i live in Austria but I like to make comparisons..... for instance a 2012 Dacia Duster (fair condition) with 126,00 kms €5,750 .a bargain ????? dont think so cheers P
Was this auction a couple of months ago ??
No this was filmed this month
We buy any car are raking it in, lol