50% of cars UNSOLD and CRAZY prizes - Bightwells Retro Auction Results Analysis

[@solihullman5230]

I notice Brightwells demand a £2500 deposit before you can bid which they hold onto (via a third party which is even worse) for up to five days if you don't buy, neither of which is acceptable. This would put me off bidding especially on a cheaper motor. A sensible, say £500 deposit being instantly returnable might be acceptable.

[@AnnieRed66]

That's mental!

[@notgoingtotakeitanymore]

Maybe they still identify as a bunch of dodgy second hand car dealers/scam artists

[@fredEVOIX]

the 3rd party def a no no that's an open door to your money vanishing and them taking no respons.

[@interloperdrones1172]

Had I of known of this auction I'd of partaken for the 340, however 2,500 deposit would render me unable to eat!! That's fuckin ridiculous!

[@leedstown]

​@@AnnieRed66same as Dvla number plate auctions

[@vokesy78]

Unrealistic reserve prices are why they haven't sold.

[@bentullett6068]

Pretty much. They always tend to be high due to the selling fees the auction house throws on those they are selling the car for.

[@maxnicholls7254]

I sold two cars there including the lovely DB7 GT; I think those who didn't accept their offers with reserves too high are fools and can't read the market. What are they going to do; stick the car in barn and watch it deteriorate?

[@redpoll4628]

We are all waiting for the October labour budget, to see how they are going to get more money from us , recession could also be around the corner, sorry to be the sound of doom

[@PazLeBon]

@@redpoll4628 u for fkn real?

[@BlackLines]

Noone has any money - and if they do, they're keeping it because they're gonna need it.

[@klawlor3659]

My dosh is going in the emigration fund. Fucking this place right off, it's bloody shite!

[@thorsrensen3162]

Everyone needs to keep cash also to help family paying for food and energy.

[@julianmorris9951]

You’re right, I have a small business selling animal feed, people have got rid of horses to be able to pay extortionate energy bills, rent increases etc…., I’ve had to tighten up loads to compensate for that, we’ve all had an absolute financial hiding over the last 4 years, we’re definitely in recession!!! I’m an ex panel beater and been selling animal feed for 14 years, this is the worst I’ve seen it🥲, one example is a customer had to sell 3 horses for a £1 each to keep a roof over her head and feed her children, she only had so much money per month like us all and the horses had to go, there’s people now tightening up when they’ve never had to before and it’s only getting worse.

[@ibrstellar1080]

The problem is the current financial system is going to get destroyed and replaced with a carbon economy so money will be toilet paper.

[@kekejones9185]

​@@ibrstellar1080What should I do with my cash? how will the government 'swap' our cash,?

[@TheTotalPackage-qo5gx]

Thank you Geoff for doing these classic car auction videos. They are very good in my opinion.

[@DanRobards]

Super interesting

[@G-ra-ha-m]

Yes, very nice to see the market. I note there were no EVs there, perhaps because they are all shite.

[@BobCarolgees-p8f]

Love this type of content , great barromter of how bad the economy is

[@justsomeguy1141]

Or people are waiting for the October budget to find out how bad car tax will be

[@peterbett3076]

Better than gdp, inflation and real wages?

[@alfredthegreat9543]

I dont think the economy is as bad as people say. I went back to the UK last month, 1st time in 8 years, and honestly there seemed to be a lot more money flying around than the last few times I was back- high streets full (10 years ago i remember my home town high st being desolate), coffee shops and garden centres busy, bars and pubs busy. I was really surprised tbh.

[@PazLeBon]

@@alfredthegreat9543 its at least twice as expensive as here, three times more in some places

[@Troy-McLore]

Love these new style videos in the studio Geoff, doing a great job

[@andrewwaller5913]

Its not buying it, its running it. Cost of fuel, tax, insurance, repairs all adds up. Money pits most of them.

[@MarkB-33]

Agree up to the money pit comments.

[@andrewwaller5913]

@@MarkB-33 Then explain why 50% haven't sold. Too expensive to maintain an old Jag or Aston.

[@KeyBrosUK]

@@andrewwaller5913not that they aren’t money pits, but most aren’t sold because the owners put reserves on them that don’t reflect the market. Delusional about what they own and what they are getting back for it!

[@seamusmcshean260]

people want simple reliable cars with low running costs, you are right!

[@hunchanchoc8418]

That Panda 750 would be so cheap to run, BUT, it's a 1988 so not yet eligible for free tax and MOT, and therefore probably not ULEZ compliant (?)

[@jsanders100]

EVs then

[@asensibleyoungman2978]

It's cheaper to run than that Aston Martin.

[@KeyBrosUK]

@@jsanders100no, because they are very expensive to buy - way above ice counterparts. On top of that the depreciation you face is astronomical, then you can’t even sell the car for market rate because no one wants it. You’re forced to sell to companies like motorway or WBAC and take even more of a loss.

[@PazLeBon]

@@jsanders100 hilarious, article in telegraph this week shows how it is twice as expensive to run an ev

[@kevinmott6205]

Loving the Lots and your comments learning loads Geoff, thankyou😊

[@johnlladron735]

Thanks for this video, Geoff. It looks like we are witnessing the final knockings of cars built 20-30 years ago, the modern classics. They are being legislated and taxed out of being viable purchases. They won't ever be allowed to qualify as classics and so the costs of ownership are only going to escalate. Sad times.

[@fredEVOIX]

yep in Switzerland they are already banned from certain towns and you are not allowed to drive them more than a very casual amount of miles

[@chrishart8548]

Until a car reaches 40 years old it still pays VED even a 1.6 escort is paying £365 a year. The cars between 2001-2017 could be over £800 by next year and it's only getting worse.

[@mell3109]

It’s nuts. Why not buy a classic car, no MOT and no road Tax. Cheap to insure and ULez compliant! Also these are not classic cars, not old enough.

[@johnlladron735]

@@mell3109 That's why I called them modern classics, that's the term. The way things are going they won't make it to 40, unlike the Morris Marina.

[@PazLeBon]

@@mell3109 25 years im sure

[@weejim48]

Hi Geoff, I put my Porsche Boxster S on auto trader and motorway. It’s a 2004 986 with 86,000 miles on it with a massive service history and nobody wanted it at £6k. It was in great condition. So I PX it against a Nissan Qashqai for the misses. Keep up the good work 👍

[@stratman9449]

haha...should have told me.....could have had my Qashqai 1.6ltr diesel mint 10 years black 100k km...here in germany.....i might have taken your "boxster" off your hands.

[@geoffnorton9279]

Brilliant vid Geoff. Fast moving, lots of cars covered. Maybe you should go to a few auctions? Take the Mac master along so he can check out the bacon butties and coffee. A winning format!!!

[@KeyBrosUK]

Oh god no please keep him away bumbling buffoon

[@offgrid7837]

The economy is crashing because of appallingly bad taxation and regulation and war. Millionaires and anyone else that can are leaving the country. Historic car prices just reflect reality.

[@TheLiamis]

Yep, the country is rather fd.

[@micksroversmg558]

Wait for the prices too crash more and us mere peasants can get our Sieara Cosworth's again like we did back in early 2000's when u get a Q plater taxed and tested out yellow paper for couple of grand again ha ha

[@adamwynyard4065]

Utter BS - no evidence at all of millionaire leaving the country. What’s your source for this ? GB news I guess… what a total moron. All economic indicators are showing growth in the economy. Low unemployment , inflation coming down interest rates to follow. Simpletons like you shouldn’t be allowed to comment or have children

[@marktisdaleuk]

Brexit has really hit exports to the EU, some areas are down 50+%

[@chiefrocka8604]

@@micksroversmg558keep,dreaming it’s all you’ve got as just a set of compo motives and new tyres are £2000 😂

[@Ed-xv5jl]

I dealt with this madness recently when in the market for a 986 boxster. Almost all of them listed at crazy prices (all losted for 3.5k-7k depending on condition). You look at omes which actually sold and its all 2-3k. Ended up buying one for £2200 because it had been listed for months, started at 3.5k and guy just needed it gone. Viewed one that was listed as "perfect" (it definitely wasn't when I inspected it)for 5k, and the guy wouldn't budge, saying its worth that all day long. People don't understand that their car is only worth what the market is willing to pay for it

[@cliffcrabtree4359]

Great watch Geoff. Some nice bargains in there! . ❤

[@BibTheBoulderTheOriginalOne]

As for the guy selling a Jag "because his wife will only allow him to have 2". *Get rid of the wife*

[@nikskin30]

@@BibTheBoulderTheOriginalOne One Wife. Livid.

[@Judep4237]

John Prescott

[@Bran9]

She's too costly to get shot of

[@freddiebozwell7049]

​@@Judep4237beat me to it!

[@peanuts2105]

Keep the Jaaag

[@dodgywheelsandropeywiring5697]

Once a luxury car comes down to prices poor people can buy only the very brave and very stupid are interested in them, parts for luxury cars aren't in poorer drivers budgets but far worse is the tax and fuel economy that poorer drivers can't ignore. I think many of the cars you mentioned are hugely overpriced as they're not wanted, well no that's not fair, they are wanted they're just not feasible vehicles for the vast majority of people, we're all taxed out of them before we ever get into one.

[@dazspurs9899]

Indeed you can't run a champagne car on lemonade money

[@wpjohn91]

Its only chapagne for a few years. Then its just an old car with high bills

[@mooseyman74]

Stig of the dump can't be The Stig

[@theoutsider6191]

You can add to these points the fact that you soon will not be able to drive one around because they will not meet the Euro emissions standard minimum requirements, so it will be nothing more than an expensive paperweight on your drive, assuming you have one.

[@JamesWilliamson-w8y]

I get your point but buy right and a luxury car need not be silly expensive. My 1948 Bentley Mk.6 is utterly reliable and nothing breaks. All I pay for is a do it myself oil change and Tyres.

[@Molders32]

Two things no-one mentions: 1. The increasing difficulty of getting parts for the 'youngtimer' late 80s/90s cars. Oh sure you can go to Autodoc and find filters, brake and suspension components but these cars were often fitted with electronics that are now unobtanium (see for example transistor keys for facelift 1996-2001 Mercedes R129 SL, or things like fuel pump relays, over-voltage protection relays). A friend sold his mint, lovely, low-mile Mercedes W201 2.5-16 Cosworth because he knew that if the EZL module went on the fritz then he'd be stuck with an immobile garage ornament - you can't repair them and you can't get new ones. 2. Fewer and fewer garages are interested in working on these cars - they don't plug into diagnostic computers (or if they do then you need 25 yo specialist software) and they can sit helplessly on a ramp waiting for parts to arrive. Who would you go to now if you had a issue with Bosch KE-Jetronic fuel distributor that might require duty cycle adjustment using a blink code reader, a multimeter and a fine adjustment with a hex key?

[@Mr.0.007]

I like these videos you do as well. Cars make us happy 😊

[@beckyrichmond2046]

A great video, really informative and no need to shoot across the country for content lol let’s have lots more of this as it’s a great barometer of the country’s economy ❤

[@jameskrell4392]

I’m not in the market for a classic car but I would say the reason they are not selling is the same reason I aren’t buying a new car, or any car for that matter. I used to buy a one to two year old car every three years but I stopped doing this three years ago. On one occasion, 2008 I bought new. I now have a car that I will be keeping for as long as I can. It's in good condition, serviced and looked after. I have had it underfloor treated. Why aren’t I buying? The future is uncertain, why pay good money out for any car when we don’t know how long we will be able to get petrol or even how much it will cost. I wouldn’t put it passed this government to make an anouncement that the sale of petrol and diesel will be banned. I will never buy an EV. If they can endanger the lives of pensioners then they are caperble of anything.

[@angelakadeer1565]

We as a people need to fight back on this, who gave anyone a mandate to do this, NO=ONE !!!

[@GeoffBuysCars]

What’s the car you kept?

[@acelectricalsecurity]

Well if they ban the sale of petrol and diesel, we won't need to worry about what car to buy, we will all be dead 🤣🤣

[@jameskrell4392]

@@GeoffBuysCars A Fiat 500 Lounge, full main dealer service history, before I retired I drove Alfa Romeo for years, cheers.

[@micksroversmg558]

Gear box is ridiculously weak in a fiat 500!no one rebuilds them as not worth putting your name too one for a warenty! My friends wife car had three scrapyard gear boxes that all lasted about 6 months each won't sell one from breakers with warenty either!

[@blxtothis]

Thank you Starmer and the NightMayor of London, I’ll soon be able to get a classic! Sadly, I still can’t afford any of them even the £0 unsold ones! But I’m still doing the lottery.

[@nixswatson]

Very well presented Geoff! I enjoyed seeing some of the cars full screen, interruptions of Future Geoff was a nice touch...look forward to the next one...

[@geirarnesen6531]

Excellent video Geoff 👏 Very useful perspective of today's used car market and people's general economy. There are a few channels that report on auctions, but not in your league imo.

[@livelife7428]

I'm willing but not happy to pay 400 tax. Rather than 400 pounds per month to just rent some dull electric crap. Then pay luxury tax etc.Thank you Geoff youve inspired me to buy older.

[@bp8339]

This! I've just swapped my 3 year old car I bought new for a 10 year old Yeti, I'll run as long as I can keep putting money into it. Now that's environmentally friendly!

[@lordcharfield]

Just selling my own unused stuff on eBay tells me that many sellers universally have unrealistic, if not greedy expectations for items they’re selling. I let go of my emotions and price everything to sell quickly!

[@jamisu5467]

People are greedy. Only the government, utility companies , supermarkets can get away with it.

[@paullaurencesweeney5255]

@Renegade-g2w That is the truth and another extremely factor is the trend towards clutter-free living and minimalism.

[@fbboringstuff]

EBay is a shithole. Crazy prices from nutters Nutters complaining you’re not giving it away… Even when you are!!

[@JohnathanMartindale]

Me too, i can't take it with me, i'll sell it, to all who collect 😅😅😅😅

[@fraserthomson5766]

This comment hit me deep, I'm about to embark on an online boot sale myself, I'm sick of stuff and need the dosh. Will take your advice.

[@MadAntz970]

I think that time has eventually caught up with those early 2000's Astons. As they are in essence a tarted up XJS, the market is giving them all, especially the six pots a wide berth.

[@jonsubsonic7155]

Love these videos. I'm off to a classic auction for my next motor!

[@scottstrails9369]

Great video Geoff ,hopefully the prices keep dropping to enable true enthusiasts to enjoy these cars .Top end classic prices dropping too …most likely reflecting the everyday classics too?

[@bodieb.1239]

I'm enjoying your video and the quick short story style. Boom, Done, Next

[@7755ian1]

Having spent years in the trade, the reason cars are going through the block (auction) is obvious, something wrong with it, high mileage, it's been stuck on a forecourt for too long, Etc. Etc.

[@themotorbikecamper5990]

This is great Geoff, to watch, like myself this year i would normally look to exchange my car along with my motorbike, unfortunately with Ulez in force across the country. and pay per mile ready to come into the system, im afraid im going to hold on to what i have, these cars and people, i believe are not spending, simply because, the cost to drive will be to expensive, as you say the car industry is going to be destroyed, an car sales / companies are going to go bust, no one wants to spend for this government to tax us and tax us more n more!!

[@SCR-ce2fs]

Thanks!

[@GeoffBuysCars]

Thank you!

[@englishmaninfrance661]

Fantastic Great to see the ridiculous second hand prices finally coming down

[@a64738]

Here in Norway there is no sign of second hand prices going down, they are just going up up and more up... A Opel Ascona B for example here now cost 20.000 to 40.000 £$€ , I bought one in 2001 for 550£$€. And Porche Boxter / Cayman cost 30.000 to 50.000 for 10 to 20 year old cars with most at 50.000 even at 20 years old...

[@theoutsider6191]

@englishmaninfrance661 it is only the cars that are not ulez compliant. EURO 6 petrol and diesel cars will probably be fine. It seems like tax will not go up on those vehicles by more than rpi inflation. So something from the last 10 years is likely to be OK. Last 5 definitely. Those cars will hold value much better than something older that gets daily fines on ulez etc schemes. Though if you're looking at a 15 year old Aston with 100k miles on it, you're mad IMO 😀

[@DanRobards]

Same with house prices at the moment. People asking way above market and wondering why they are struggling to sell!

[@dylanwakley2553]

Sadly houses like that are not struggling to sell by me

[@Bercilakdehautdesert-yt1gd]

@@dylanwakley2553 My area of Cheshire also. Very strong competition for the mid to upper end (circa £1m) but weirdly stagnant at the lower end. My guess is its people downsizing and getting out of London before the next tax raid, or anticipating a softening of values in the South East.

[@dylanwakley2553]

@@Bercilakdehautdesert-yt1gd it’s a very strange market for houses that’s for certain, plenty of 3-4 bed places near me out in the countryside by themselves for around 400k, which to me isn’t too bad, but you go anywhere near a half decent city and it just goes mental

[@mickles1975]

"His wife will only let him have two jags" John Prescott?

[@WeAreAllDoomed-n5i]

Plus one slag.

[@WeAreAllDoomed-n5i]

Stag for £250! Scrap value.

[@COIcultist]

@@WeAreAllDoomed-n5i Possibly clear more as scrap?

[@chrishart8548]

Probably £270 scrap ​@@COIcultist

[@Dr.Jellyfingers]

​@WeAreAllDoomed-n5i it looked rough even from the thumbnail though!

[@pauljeffries]

Brilliant video jeff, the classic car videos are ace 👌

[@yesterdaysman8123]

I don’t think the issue is that the classic car market is crashing, I think the bigger issue is “free gear Keir’s we’re all doomed” speech last month . He has effectively de-monetised the UK economy overnight. We all know that the budget is going to hammer the very people who are in a position to be able to afford a classic.

[@KeyBrosUK]

It’s going to hammer everyone, except the super rich, as always. Poor, middle class, and those with a decent amount of cash. Car market will follow and fall, housing too.

[@vizmortlock]

And the people who would go out and spend money. This government is about levelling down, citizens serve the state and success is to be confiscated. The real so called 'rich' will simply go elsewhere.

[@gdogmalone]

Been asleep for the last 14 years?

[@yesterdaysman8123]

@@gdogmalone been wide awake, just in denial, I think you’re point is about the conservatives and you are bang on the money

[@gssf.gr29]

I think the problem is people are frightened to death now about what to buy. I run an XF and I'd love an XK8 but as 2030 approaches I can honestly see the government, whoever is in power, hammering the price of road tax (I think it's already something like £700+ on the 4.2L) and hammering the price of petrol to try to force us into buying an EV. That's what is putting me off and there's must be thousands like me thinking along the same lines. That and the fact that they're screwing up the economy and spending money on nothing but trying to turn the country green, which is only going to make things worse.

[@johnlesueur1992]

Very enjoyable video....loved the 205GTI .... loved the Escort Estate.... Loved the Volvo cabriolet....

[@chrishart8548]

Good luck getting a rear bumper for that escort estate. Popular spec low as it gets. Even a Popular plus added a world of luxury and the 1.3 hcs engine. I would have loved a 1,8D GL estate version in 1990 as one of the last ones. Would have seemed world's apart vs this.

[@simonweakley3479]

With potential war and huge tax rises people are scared of spending. I was considering a Porsche Cayanne mark 1, but though no I'll keep my Rover 75 as it is in perfect condition and I would only get a couple of grand for it. As for EV's at £40k new, no thanks, that's a big chunk of my life savings and its not going on a car

[@PazLeBon]

lmao

[@JohnFletcher-hz1mp]

Looking at the news on telly,don't book a holiday either. Buy a campervan and go hide somewhere in Wales or Scotland.

[@PazLeBon]

@@JohnFletcher-hz1mp why what happened?

[@mikejones-go8vz]

War? 😃

[@jonathanhoskins4034]

Awesome idea for content. I would love to pick up an old retro classic. Thank you

[@mirec3951]

Specal case here. Was driving daily nissan leaf 8 years from new. Went to dealer to get new battery so i can drive it another 8 years...THEY DONT HAVE BATTERIES ANYMORE. TOLD ME TO BUY NEW ONE. no thanks!!!! Got honda hrv for less than 1000 quid. I still have my honda s2000(owning since 2012) on classic insurance, 300k km and still drives perfect! NO MORE EV'S. I'll turn it into home battery storage.

[@PazLeBon]

at least youre admitting youre gullible. bet you were telling everyone how clever you were at the time

[@mirec3951]

@@PazLeBon well...first 3 years all public chargers were for free..i drove 60k km...after that i charged in work: 3 euro per round trip compare to 12euro with petrol car... Also i only changed tires 3times, no other maintenance... it made sense back then 🙃 looking forward to take it apart

[@BillCarrIpswich]

I wouldn't want to bolt a used EV battery that's been bouncing around in a car for 8 years to my house.

[@PazLeBon]

@@BillCarrIpswich they need to buy them back and government force them to buy them back

[@mirec3951]

@@BillCarrIpswich i understand where you coming from. But before all these new EV's flooded market i dont recall hearing about any Leaf catching on fire... also i live in countryside so can keep it few metres away from anything. Any ideas are welcome. I would like to use it somehow, rather than selling it for very cheap.

[@Jamal_Tyrone]

Z3s are well known for having leaky/torn soft-tops, speed bumps can damage the fuel tank, some 1.9-litre engines fitted to 1990s cars suffered premature engine wear and rust is also possible on earliest cars, so check the rear wheelarches and sills for bubbling.

[@davem9204]

Are sellers just putting too high reserves on the cars? Are they just being over-optimistic on how much their car is worth, particularly after the bubble a couple of years ago?

[@micksroversmg558]

Bang on Dave people bought high during covid now buble burst and all money people are running away from the catastrophic labour government the auction houses will be full of high end classics with all money men running away from the incoming disaster that is Keir Starmer Gonkerment!

[@stuartd9741]

It's the same for housing bubbles.. People could expect premiums of 10/20% on market prices during boom years (post COVID). Of course people buy at the top of the market, own the car for a while, then decide to sell to move on to something else.. At that point they're invested in the car they have to try and claw back some of what they paid..

[@bentullett6068]

They have to put high reserves because they have to factor in auction house selling fee costs.

[@roberluancoluanco]

I❤your 1/43 model collection at the back of the room.

[@guy4469]

good morning geoff my E38 is on 268,000 now .These videos are excellent it saves me doing it you do it i watch thanks geoff .Rover 75 ,im on the floor reclining chair in leather.

[@grahamk9258]

Vehicle excise duty, these cars will eventually be taxed off the road.

[@roverenderalligator9104]

My daily Rover 75 1.8 is in lovely nick, well maintained & just clocked 200k. I'm in the ULEZ though & am nervous about the cars slender grip on compliance.

[@micksroversmg558]

Love a Rover 75more of 820 Vitesse Turbo man but 75 is nice ride!

[@guy4469]

i had an 820 Sterling quite a big car .

[@PazLeBon]

my e46 2.8 i noticed over 250 now :)

[@amiliogarcia]

My guess is you will see more of these types of unsold cars, due to ULEZ and the introduction of electric cars for the future by 2030.

[@Baldy1980]

Skyline for £3,300 gets my vote.

[@derekstocker6661]

Thanks for this, most interesting, sadly many of the fabulous cars are worth their money BUT the maintenance cost's are rising and with many "bargains" if something goes wrong there is the main expense and getting even more expensive. Many of these great cars are worth more for the parts than they are complete, try buying new wings or engine for an Aston-Martin, BMW or some of the now very cheap to buy Bentley's. Great video, well done.

[@hamshackleton]

As a casual browser - a lot of those unsold cars were either fuel-gulpers, or high-rated insurance.

[@OsellaSquadraCorse]

Bingo! And right now nobody's buying low MPG stuff pre-budget announcement, when increases are expected. Insurance has - it seems - come down now again, but not yet to pre-2021 levels, but if fuel goes up 10% or more, then a LOT of cars will start getting SORNed...

[@chrisdstard5644]

​@@OsellaSquadraCorseApparently EVs should be much more expensive to insure, as they cost more to repair, but they spread the costs across all cars, so we all help pay. And you don't want to be hit by one either.

[@kevinjames3714]

Hi, agree with your general assessment that “only old/dead guys” want classic cars but I think there is another (minor) reason for the general crash in prices and that’s property prices in general. To state the obvious, if your servicing a massive mortgage you can’t afford an interesting classic car but more pertinently, you probably can’t afford a house with a double/triple garage to keep it in!! Best wishes

[@robsmith1a]

I'm old enough to remember when you could get an old Ferrari for £7K (early 80s). The market then went totally crazy in the late 80s before dropping back a lot (in 2000 I bought a Ferrari 328 for £33k and six years later only sold it for £25k. I guess the same car is closer to £80k now. I think when markets start to fall they can fall fast because the urgency to buy isn't there in the way it is when you expect something to cost more next month.

[@PazLeBon]

so essentially youre a fkn mug lol

[@paulgeraghty1448]

Do you recall the 3 old Italian cars on top gear? Bought for peanuts and now worth many thousands of pounds.

[@CaseyLark]

This is the stuff i want to see, awesome video Geoff

[@julesviolin]

The price crash was inevitable because the prices rocketed up way too far. Same will happen to housing. Cost of living, ULEZ and all the cr&p going on. Some of those cars were high mileage, collectors (including myself) like lower miles cars. Tatty worn interiors on high milers are very difficult to rectify. PLUS lower milers are more likely to have their original quality parts on. Everyone knows aftermarket parts are complete shite ⚠️ Another reason is cash flow. So many folk I know can only survive on monthly budgets so they go for lease purchase, so perhaps very few folk have no disposable capital any more.

[@eyesodd]

Agree across the board. But where have the cheap old starter classics gone, they no longer exist, I saw an Allegro up for £4.5 the other day, Morris Minors and Beetles used to be a grand or so, now 3-4k will get you a snotter. The Ulez thing is a bigger issue than people perceive, basically every usable modern classic 84-2000 has been made redundant now unless you can afford to pay £12 a day extra to run it.

[@philiprhodes5537]

Totally agree and most people I know have very little disposable income anymore and household bills are more a priority for many now and classic cars have become a luxuary most can’t afford

[@solihullman5230]

@@eyesodd They might be up for that price but are not always selling. I think there is about 7000 moggies left so it looks as though the market is finally adjusting. Hold onto your hat you might pick up a bargain!

[@solihullman5230]

The Ulez cameras need to come down.

[@eyesodd]

@@solihullman5230 True re the prices, I've been following the VW market for a while Beetles are slowly rising, buses have peaked imo. Cameras, I don't think people realise just quite how many have been put up, some roads around here will have double figures on a single stretch.

[@andyparker3264]

The cup should read "Geoff is right......AGAIN!!!". Love the channel

[@michaelbrooks8332]

The "again" should be on the bottom so you only see it when he takes a sip

[@sagetheowlfatfeathery2083]

People wouldn’t want an old Aston if they found out the price of servicing and maintenance. In addition, DB7s are just a Jag with a different badge.

[@tonyquinn7479]

Great video Geoff, wish I was at that auction .

[@alanbarker211]

Triumph stag :front flasher repeater lenses worth £350, Cylinder heads £1,500 then there is the rest of it!

[@Bercilakdehautdesert-yt1gd]

Or just rip it out and stuff in a Rover 3.9 :-)

[@aeroearth]

A 50 pence front flasher lens for £350 ??? I'm in the wrong business. I'll do it for £349.99 !!!

[@wearetomorrowspast.5617]

Great vid. I have my end of driving car, a BMW Series 1. 116 diesel. If I was looking at getting a classic again One of them woulf have come with me. Mind you, if an AlfaSud 1500 TI comes up it might be a different story.

[@cliveprocter3698]

Unless its a £1m collector car classic sale, auctions should be how to get a sale, any sale, on any old car without the hassle of dealing with the great unwashed. It's not for people trying to get retail prices, expect 75% of retail if you are very lucky. Problem is with sellers over optimistic expectations and auctions not being realistic. Yes we think its worth 400 quid and we want 15% + £150 entry cost won't get them much trade...

[@ianmontgomery7534]

Interesting result here in Australia. Donningtons held an auction of motorcycles with a 97% sell rate and a couple of records set. I don't know much about the classic bike scene but rarer cars tend to be sold either through clubs or just private sales here. Sure there have been big auctions held but they are less common.

[@mazdaram226]

I quite like those Cube cars as the guilty pleasure….

[@spankeyfish]

a very practical pleasure, though some parts would be a challenge to acquire

[@RussH-xk7zp]

That R129 is what I've wanted for years, at that price I'd have snapped it up. I've just spent that much on Dewalt power tools.

[@VintageLynx]

Escort Estate for me. Most of the others require specialist care but that Escort is totally usable, useful and fun to maintain at home too.

[@chrisdstard5644]

Id like a MK2 escort van, but find one of those for less than 15k if at all.

[@Bercilakdehautdesert-yt1gd]

@@chrisdstard5644 I had one with a 1.1 petrol/LPG conversion in 1982 and it was a cracking thing. If memory serves I think I got £200 for it when I sold it on with an MOT, about what I paid for it!

[@dendemano]

Buy diesel, buy diesel…..how long did it take before the price of diesel went up and the cost of running the car that the government deceived us into buying for that exact reason made no sense for those who were driving average miles per annum. I’m afraid that you will still find a lot of people who haven’t forgotten about being duped.

[@bazg3426]

Brightwells do have a particularly high buyer premium to add onto the sales price.

[@ianhughes7805]

The premiums at auction are putting bidders off

[@derin111]

A rusty, automatic E30 320i with 80k miles was never going to be worth £8-9k. That is simply delusional.

[@TIMSANDYSURF]

The Aston DB7 and the XK8s look great value. The trouble is the Starmer government are coming for us!!

[@paulfrench3356]

The problem with the XK Jags is they maybe just 5-6k but at 80k miles it's a new timing belt and that's engine out at a cost of 4-5k Sterling. Nevertheless it's a stunning car 👍.

[@DERRICKSmith-d8v]

If you compare prices to when we were coming out of the pandemic then the prices may look cheap. We are in a falling market and we do not know where the bottom is. It is a bit like saying a Fisker Ocean is a bargain.

[@victorreid6549]

COVID fever changed people's perception for the worse. Free money from the government made them feel rich. Reality is slowly dawning. Almost everything is overpriced and inflation should be in reverse, but the rich and powerful wouldn't like that.

[@SCR-ce2fs]

Brilliant - please do more of these auction videos

[@mrwpg]

The investor car market was a huge bubble that is now coming back down. Geoff style regular cars appear to be holding value better.

[@80srenaissance67]

New to your channel, but i like the cut of your jib mate. Keep it real

[@testingtimes7924]

The problem with a car that cost £150k when new and then sell's for £10k many years later, is that when it, inevitably, needs repairing the replacement parts reflect the original sale price, not the price you paid. They can be a money pit. The used E.V. market is probably going to be a bottomless pit in comparison though.

[@aeroearth]

With £10,000 - £15,000 for a new EV battery the EV 's vehicle's value at 12-15 years is likely to be negative £1,500 in "government" recycling fees. So at end of life probably best to leave the car unattended in a known downtown car thievery area with a fifty pound note and the electronic keys on the console, maybe with a can of pertol and box of matches.....

[@keithsmith1009]

Good report well presented markets twitching

[@Falney]

I think I'd rather have the original mr2 than the Ferrari body. Not a fan of the conversion. Clearly I'm not the only one.

[@cheapandbald4828]

Brilliant Geoff, quality these reviews

[@POOLEYTONY1]

It’s the tax and ulez killing it.

[@KevPeebles]

Thought you were great with Jeremy Kyle yesterday on Takk 👍👍

[@Farney-gy1qo]

Lot 446: "Look What You Could Have Won!!!!"

[@nikskin30]

Super, smashing, great!

[@adams7405]

A speedboat?

[@T4TipsGuides]

BFH.

[@andywrollo2915]

Great vid. Can't believe how cheap they were. Love the xk8. I would have bought that. Not sure about the reliability. Love the Aston Martins. Rediculous price would probably go for one of those. Really expensive new. What is vw tax?

[@philipshore6924]

Lot 446 And Bully's special prize, a speedboat. 🎯

[@COIcultist]

Quick trip with the MacMaster to Central Europe and sell it for massive profit in one of the flooded areas.

[@willevans429]

that boat was not expensive, I would have bought it, with a trailer even

[@earthflute2248]

Wow. Here in Oz these would command a huge price. Might be worth a holiday there to pickup a great rhd car and bring it back.

[@hughjampton1561]

It's the tax regime.. no one wants to pay £600 a year

[@PazLeBon]

im skint but tenner a week is fook all

[@sandj61]

ML Mercedes to 2010 are £700+ to tax, killed the used market.

[@victorreid6549]

Then you're not skint, you just justify the expense differently. ​@@PazLeBon

[@guardcharlie2576]

Fascinating, woukd be good to know if this is typical figures though ❤

[@blogg9922]

The entire population of potential buyers who live in the Greater London ULEZ area and the Zero Emission Zones creeping across UK like a fungus has gone Add in the demographic factors (older gits into older cars dying off and not being replaced), Road Tax bring very expensive, cost of fettling and not surprising at all

[@PazLeBon]

what age do i officially become a git? 30? 50? 60? 70? 80? 90?

[@blogg9922]

@@PazLeBon Some are born Gits, some achieve Gitness and some have Gitness thrust upon them.

[@PazLeBon]

@@blogg9922 haha indeed

[@diametricopposition9232]

E30 showing a bit of rust, early production, 2.0 hmmmm , Auto, gotta be the 2.5 manual, high spec (Cab, Sport) no rust with these tbf M3 obviously. love your content G (not a bad spec actually esp on an early model)

[@markuskruger2102]

455, for upcoming civil war Apocalypse....

[@declanbrady5172]

Hi Geoff The skyline didn't sell due to the $12,000 NZ hybrid battery ticking time bomb. The battery has just gone on my brother's Q50 Infiniti (badged Skyline in NZ) 🤕

[@Bruno-xb2mt]

8 to 9k for that e30 is too much. Cool car, won’t give you trouble but it’s still old and not daily driver material by today’s standards and if you want a weekend car you’d get something with a more exiting engine and gearbox than that

[@Orkneyudh8hggbvhh]

Remember the fees to add on --- For Vehicles - 12%+VAT (minimum of £150) (e.g. on a hammer price of £10,000 you pay £1,200 premium + £240 VAT to give a total of £11,440, assuming a VAT rate of 20%) PLUS Refundable Deposit £2500 ???? Put the extra fees cost on your winning bid.

[@StevensPaul]

The times they are a-changing...

[@69spook]

Do we need to add buyers premium to these prices?

[@bobroberts6155]

Another great Geoff Doesn’t Buy Cars video.

[@NW-lj6oo]

Good video but what would have been the auction price of some of the unsold cars?

[@sirsportscarcollectorlancs9447]

Just had tax renewal for a 1997 2.0 16v Renault that didn’t do 200 miles last year, £345.00, disgusting.

[@bigfist255]

My saab 2003 is 415 but I would like a later one but after 2006 it's 710 quid ,same engine, doesn't make sence,it's just crazy.

[@derekr1113]

Geoff - this is one of your best ever videos - thank you

[@jabezhane]

In regards to the post about "what are younger people doing about being a car enthusiast!" I would say the issue for a lot of young people is where are you going to put that "old classic"? As a genx'er my boomer parents had a nice house with a garage and a big drive. No problem. You now take most young people still living at home, they probably live on one of those indenti-kit new estates that have room for one small car on the drive and thats it. The street parking is all taken up with the other two cars every other household on the estate has.

[@PazLeBon]

millennials killing the economy before they are even 30 lol

[@chrishumble8662]

What are the buyer premiums on these cars? That’s the thing that puts a lot of people off auctions. I’ve been looking for something that would fit in with the cheaper/unsold end of this sale and I’m finding sellers asking top money for cars that have expensive issues on the horizon if you actually use them