CAR AUCTION PRICES STRUGGLING (UK CAR AUCTION)

[@001razz]

Car prices are ridiculous. Needs to drop dramatically

[@statementleaver8095]

Don't blame the Vehicle..... Blame the Seller

[@GT380man]

Yep, prices got run-up horribly in 2020-22, based on all sorts of excuses. I seriously struggle to believe what we were told about “cannot get the chips”. Are we expected to believe that a multi trillion dollar a year business that automotive is allowed the entire world’s suppliers of specialist chips to get to just two plants? So a fire at one plant prevented supply of new cars for months? I for one do not believe that. Like numerous other, weird goings on in the last four years, that’s got “done intentionally” written all over it. There was a focussed effort to remove a lot of certain categories of vehicles from nation-level supply, specifically “white van man” vehicles. There was a time when you literally couldn’t buy a new or a late letter vehicle for business. They were either not available or they were £5k-£10k over. If you’re the owner of a business critical van and couldn’t make do with an SUV, it was squeaky bum time. I know of several people who sold their van and bought a bit older luxury SUV and pocketed some cash. Others went way deeper into financed debt to remain mobile and earning, and almost two years later, they’re still smarting from the cost. Might be wrong, but this all felt engineered. Never known anything like it. Even new motorcycles couldn’t be had, for the same almost unbelievable reason: Taiwanese chip plant unable to hit the numbers. The world’s manufacturers of mobile & smart devices, not a bother. Churning out what are effectively surveillance devices at a rate of knots. I’ve become cynical in my old age. I don’t believe anything I’m told by officialdom any longer. If they say X, I’m looking at the reality being not X.

[@LOTPOR0402]

Like houses and everything else

[@001razz]

One of the main issues is maintenance. Just keeping it road worth is a job in itself. They days of DIY are long gone and you need to plug in a computer.

[@andrewbennett137]

​@@BibTheBoulderTheOriginalOne which categories are falling

[@stuartbartram7765]

BOOK Price has been over inflated since COVID times.... if for example a BRAND NEW Fiat 500 is £12-£13k, then £5k when 10 years old is simply not right... and will correct.

[@crisp910]

Noticed car prices for dealers near me dropping rapidly. Been keeping track the past couple of months and some dealers are chopping off £100-£150 every week so far in December. Also noticed some dealers who used to deal in the more premium cars between 20-30 grand are now selling much more stock around 8-15 grand. As a consumer I hope this continues.

[@ahmadmohamad6384]

Dealers have marked up prices around £4-£5k so way too expensive.

[@abztube2731]

the best thing in the world now.

[@wintersun398]

@@ahmadmohamad6384 I guess as the saying goes, "Make hay while the sun shines!"

[@ianrobinson9243]

Noticed the same , price reductions and also deposit contributions. Starting to become a bit more affordable even with the high interest rates. I’ve seen cars around 20k (my max budget) with 4k knocked off , makes you wonder how much they were making had they got full price.

[@JDubStudio]

An idea for a future video, could you do a video on how a regular person goes about buying a car at auction covering both the cheap end and higher end?

[@ApnaChoud]

From what I've seen prices on certain models are still insane. As for some of the auctions fee's they're horrendous!

[@pmtilbury6596]

Sold our 2010 BMW X5 in October privately via auto trader, am so glad we did before the market crashed! Seems to be very little demand for the big 4x4’s at the moment unless very cheap

[@D7POV]

Don’t touch the Fiat 500 convertible. I bought an Abarth 500 convertible for my missus, the next day the roof broke. Turns out it’s a common problem with bad clips. The dealer was great and tried to fix it and Fiat wanted £6000 for a new kit or £7000 for a complete new roof. Stay away from them!

[@lloydyboy8829]

That 65 plate Astra for £3k was the bargain of the day!

[@mikeg3293]

I’m surprised how I enjoy watching a car auction and what goes on. We should all do each others job for a day and maybe we would understand the World around us a little better? Great sum up at the end. Well done. Following!

[@jfm4490]

Thanks for the videos . I think things in the construction economy are going off a cliff. Things always go quite at this time of year but never this quite in my experience. Good luck everyone for 2024.

[@Kennynwten]

Covid had a terrible effect on the motor trade many dealers are still paying off debts

[@davidnorton5887]

I'm not in construction, or cars, and my business is always quiet in december. This year, however, november was just about dead, december completely dead, and I don't suppose business will pick up in january. Many people are skint, plain and simple.

[@Kennynwten]

@@davidnorton5887 wHAT IS YOUR BUISNESS MAY I ASK?

[@MrSant67]

Not seeing these reduced prices being reflected to consumers. Several cars I would have paid more than what they were sold for, rather than the rip off prices still being charged to consumers.

[@leegould5306]

2nd hand car prices are seeing a long overdue correction. Those selling in 2024 will need to be much more realistic or they will be stuck with a vehicle they can’t sell..

[@bantamNeil12]

Absolutely superb work Lee buddy dropping this hour long auction video on Christmas Eve 👏🏻👏🏻🎅 Been fantastic watching your progress throughout 2023 from one business and site to another...So glad the "Car Pitch" has smashed it and your going from strength to strength month on month 👏🏻👏🏻👏🏻 Have a great Christmas with your family Lee and here's to a superb 2024 for u your family and the "Car Pitch m8...Merry Christmas Honest Lee...😉🎅🎄🎁🥳🥳🍺🍺👏🏻👏🏻😍😍

[@carukchannel]

thanks Neil hope you have a great Christmas 🎄 and thanks for the comments over the last year, your feedback is greatly appreciated

[@ianrobinson9243]

0 to 40k plus subs in a year , 👍 been watching from the first episode and looking forward to watching you in 2024. If Crewe has a tourist board then they need to get you on the tourist trail as a must see attraction.

[@carukchannel]

😂 most people come to see trains 🚂

[@skrimshanker1]

another brilliant vid, worth taking a punt on some of these as a private buyer. More like this, your commentary is very insightful, Im not the only one that is using this to hone my decision on my next purchase, bravo Lee

[@grahampollitt1548]

Are prices struggling or just returning to where they should be after 2 years of STUPIDLY HIGH prices where dealers have been fleecing buyers?

[@carukchannel]

would of been a bit of a long title that one 😁 but yes prices are starting to return towards pre Covid levels

[@led665]

The mini had different wheels on the front to the back… no wonder it didnt do well! Haha

[@williamfence566]

Will be interesting to see how the big supermarkets fare as prices fall. All that volume each falling even a few £100 hits asset value will running cost continue to rise. My local Available car is now a big motoring world. interesting times ahead.

[@tomoreilly9932]

Old analogue dashboards last for donkeys years and yet some of these modern digital dashes are already having some gremlins.

[@kaimorris2970]

The way i look at it is cars are at these auctions for a reason, they have some sort of problem whether that be obvious or not so obvious, it wouldnt be there if it was good enough to be sold at retail

[@oceanthirteen1628]

Cheaper may be, certainly not falling

[@jibraani10]

Another happy new subscriber 👍 Keep up the good work 💪

[@carukchannel]

Welcome aboard!

[@jamessykes3965]

Those mobility scooters are all in the wrong hands, they are lethal , I almost got poleaxed a few weeks ago whilst out on my postal delivery round, some 87 year old lunatic came flying along the pavement at Mach2. They should be banned.

[@marklockwood8386]

Happy Christmas pal I absolutely love the auction videos I think 24 prices will recalibrate

[@carukchannel]

me 2

[@kmag7122]

happy Xmas to you and all the guys have a great one and a brilliant new year 2024 thanks for all the hard work you have all put in over the years giving us that are poor and on or ass lol wheels so we can still get are poor little asses from A /B thank you guys great company ❤

[@jonathanbroughton5983]

I've just finished a tipless shift on Christmas Eve at Domino's and at least Lee up loaded something to perk me up .Never in doubt hope santer comes past yours x

[@carukchannel]

sorry to hear that bud, well hope the rest of Christmas is a good one and have a happy new year

[@royfontaine5526]

@@lousheenyisn’t delivery paid for anyway?

[@royfontaine5526]

@@lousheeny nah, pay the delivery charge and there’s no need to tip. Things are expensive enough.

[@pgree6176]

Love your content. You always ‘keep it real’

[@iguanna41]

15:26 easy to fix a dpf get it removed and remapped lol my 64 yaris still runs like brand new with almost 200K only ever had a starter motor and water pump replacement because of a noisey pulley and a dpf removal, that thing is gonna out live me I want a Lexus next I just can't part with this yaris had it 7 years now, its been so good to me.

[@philipmillen4271]

Nice for the public to see how easy it is to double your money

[@skodakatie7341]

Another great auction video, my favourite car shown in the video is the Dacia Duster. Seasons greetings to you and your family Lee❤.

[@carukchannel]

was a beauty that Dacia

[@stewartbrown6869]

Love the channel and the host . Lets you look inside how it goes . Als used V Score for few 4x4 brill . Do some big ones r r sports vw r rovers to plz . Great again guys

[@leeallen1407]

That White Mini had different Alloys on the front to the back

[@stevekenilworth]

scooter yes they can be road legal but no laws saying you must have number plate but option available if you want too. mums got one and i know few others who have one and not legal requirement for a plate 14:55

[@Maddpunx]

Ive really enjoyed the content this year, have a great Christmas and a happy, healthy and prosperous New Year.

[@Interdiction]

Overpriced so it was well due to drop . .The book prices are out of touch with reality

[@mdog2501]

I think you can change a NI reg to GB . Just need to apply to the DVLA.

[@jaycam2886]

The price drop is NOT be fed to the retail market thats why i am holding on to my cash till prices come down there still silly prices!!

[@philwilliams9983]

Happy Christmas bud thanks for the videos and hard work entertaining us all year even made the sun spat me brew out when i saw it lol

[@carukchannel]

😁👍

[@nickhoward9343]

Thank you for all your episodes throughout the year, good content and bang on the money 🎄👍

[@carukchannel]

thanks nick

[@JamesCollins26158]

Happy Christmas to you and all the staff doing a great job with the podcast always looking forward for more what's happening in the car getting a bit seasick 😂😊

[@carabara3947]

Yep Watched A Video On The Porsche Turned Out To Be A Selector Piston Jams When Hot Because Its Made Of Bakalite Simple New Aluminium Replacement Sorted It

[@roystonvehicles9129]

On wed at Wakefield they sold nearly everything, most were fairly cheap, I got a 10 plate 7 seater quasgui 1500 bid and a 61 plate 308 diesel, tidy, long mot for 550,expert it'll all go back up in Jan tbh.

[@carukchannel]

some good buys there Royston good luck for the new year bud and all the best

[@roystonvehicles9129]

@@carukchannel thanks mate

[@TheMilford99]

Their fees don`t come down. My mate gave up dealing at auction for that reason.

[@LeeUK2]

Some good buys there (if sold for their prov price), I liked the X1 for its money usually a quick filter change fixes boxsters, depends on issue obviously

[@endeavorwebs719]

I used to be a car dealer 20 years ago in the US and bought loads in auctions. I feel like auctions today are a big scam, things like minimum bid, reserve, online bidding didn't exist, it is impossible to make a good deal, they chew all the good meat and leave you with the scraps. The operational costs, the low profit, the insane fees and taxes... not a good business for a long time, it is a joke. The big players destroyed the car market across the West.

[@carukchannel]

Agree it was better many years ago but there is still money to be made in this day and age but just need to be very on the ball

[@davemellor4697]

I think we have all caught a cold with some of our stock.......

[@hackney7106]

That ‘splitter’ device is actually a bonnet/stone guard to protect the bonnet, very common on cars here in Australia.Always leave them on, they can save the bonnet from a lot of stones being thrown up from cars in front.👍👍🇦🇺🇦🇺🇦🇺🇦🇺🦘🦘🦘🦘

[@andrewcairns7719]

Am sure that mini had different wheels🤷‍♂️ great video Lee, merry Christmas 🎄

[@masterwatch]

another good video.. I've always thought an automatic transmission, petrol and between 1.6 - 2.0 litre size engines are perfect and always in white especially in a warm country. Today though, if buying new, I would be only looking at electric. But, if buying second hand petrol offers a good buy. Hybrid is ok if you are are sure of the model.

[@irishdog2031]

Am paying over cap at bca for under 5k stock.now am seeing aston Barclay prices am starting to scratch my head.

[@kendom33]

Thanks Lee great information. All the best

[@nooboftheyear7170]

Merry Christmas Lee. I'd say not too bad pricing myseld. It isn't as if the traders were taking the mick, more like them being risk averse from what I saw.

[@carukchannel]

agree in effect they are helping bring prices down as vendors will have to sell stock at the auctions as they back up with vehicles

[@jonathanpork-sausage617]

Just a quick happy you know what and all the best for 24 to Lee and all viewers and subbies. Cracking channel this! I have learned SOOO much.

[@imonlytellingthetruth6562]

The sellers are the problem here not the vehicles, 🤷‍♂

[@royfontaine5526]

That 4 Series was just a crappy 418d, but it looked lovely in white and with the M Sport trim. I’ve been looking for a 440i for ages and the prices are insane. I think the fact that the new 4 Series is hideous, is partly to blame for prices of the old one remaining high.

[@carukchannel]

it’s ideal bit of stock far more easy to sell a 418d bigger customer base than a 440i I would have a 440i all day but it’s about what sells not personal preference in this game

[@royfontaine5526]

@@carukchannel 420d best all rounder though I guess! And could probably get one tomorrow. I wish I wanted one, but I don't!

[@TheCryptonomatron]

Love your vids mate, I watch them as an Brit expat in Thailand 🇹🇭 Merry Christmas and a Happy New Year when it comes! 🎄

[@carukchannel]

Same to you 👍👍

[@roystonvehicles9129]

One of my long term car customers broke down on his motor ability scooter, had to go out and recover him, friendly local garage we are.

[@aslandama]

Cheers Lee, just discovered your channel this year, thanks for all content, especially the auction stuff, Happy Christmas and all the best for 2024.

[@carukchannel]

many thanks and enjoy Christmas 🎄

[@graemew7001]

Merry Christmas Lee, thanks for a year of really entertaining videos. It's great watching your videos as it really gives a great perspective of what's going on, hope you have a prosperous 2024.

[@ianevans3619]

Very interesting video , thanks for all the excellent videos this year , merry Christmas Lee and look forward to much more content in 2024 , all the best mate 👍

[@carukchannel]

Thanks Ian have a great Christmas 🤶

[@habibramzan5111]

Car auctions are just a scam. you think you are getting a bargain, but different story when you receive the car and it doesn't run properly. Once repaired, you've end up paying more than it would have been to from a proper car dealer

[@igorbogdanoff4517]

Have you ever considered what the excess mortality being +15% higher than normal is going to do to supply and demand for things like cars and homes? Things are only going to get cheaper (apart from food and fuel)

[@redjelly8321]

Thank you for this. Great info!👍

[@ryanh3285]

The honda 1.0 has a wet belt needs changing at 75k very expensive job and also has a recall on certain years for problems with it.

[@carukchannel]

does not surprise me, does not help that they buru the belt deep in the engine making replacement difficult

[@paulgray2387]

Christmas, economy, election on the books, covid adjustments etc. reckon it’ll be an interesting few months on the car market. If you’ve got the cash and are looking for a late high spec big motor you could get a bargain….

[@imprezaworks]

I’ve recently been made redundant after 18 years at the same car sales company. So have been considering doing it from home, wanted to get Christmas and the new year out of the way first, clear my head. I will be looking for cars sub say £8k and had a quick look at the buyers fees through this Auction, I haven’t compared. It’s not cheap lol.

[@carukchannel]

none of them are but they are cheaper than bca and manhiem.

[@imprezaworks]

@@carukchannel Yeah just had a quick look. We used dealer auction through work but sadly they only deal with the trade.

[@alridd7038]

Ive never met a poor auctioneer

[@marymongan6360]

Happy Christmas to you and your family and all your work staff have a great Christmas and best of luck in the new year to ya Lee ,, be looking forward to seeing you in the new year have a very good one mate you deserve a good break with your family and friends at Christmas,, Looking forward to seeing the video on about the van’s all being well,,

[@carukchannel]

thank you and yes will be out next week the next auction video

[@DJWenlowe]

That was brilliant, thank you for taking us along for the ride. Deal of the day for me, that ultra cheap Saab and the Porsche with the gearbox issue ( probably only needed a flush and fresh fluid and a filter)

[@roystonvehicles9129]

Only recently everything was doing cap clean, plus fees, nothing was doing bottom cap.

[@carukchannel]

suspect we have a couple more months of this Royston

[@roystonvehicles9129]

@@carukchannel maybe bud, you never can tell in this game, keep on keeping on.

[@chrisblay]

Good time to buy a car, not a good time to sell. 👍

[@carljasonbarrett1970]

Exactly, I'm looking for a car anyway

[@statementleaver8095]

I've been watching the Autotrader pages online. I'd rather spark a Spliff with a £50 note than pay the asking prices! It's ridiculous 10,000 for 100k miles 🤯🤯

[@carljasonbarrett1970]

r8095 I wouldn't pay £10.000 for 100k miles either, it's disgusting but at don't give up & shop around

[@thatcheapguy525]

nice one Lee. you've given us a good full length again mate. I'm keen to see the C1 impulse buy apraisal video, does it have any unforeseen issues or was it a steal? quite a few low mileage motors in there. good call about the 1.2 petrol engine in the Aygo/108/C1 - noted.

[@MatOli-w9n]

£330 for the mobility scooter , personaly thought the saab was the better buy😂

[@DB71170]

The Porsche boxer s was an easy fix....its the bakerlite piece in the tiptronic that swells when hot. Replacement/upgrade is not expensive, its getting it out is the costly part. However, does seem that the staple stock is going up & the general public don't want to buy executive anymore. Great content Lee & thank you for sharing. Have a great Xmas.

[@carukchannel]

interesting 🤔 I don’t know to much about them as not worked on many

[@DB71170]

@carukchannel have a look at salvage rebuilds uk KZbin channel, they did one 4 months ago,same issue. Inhibitor/postion switch on the side of the automatic transmission...gives it an incorrect reading.

[@davidjones8680]

I'm a recent new follower, but am really enjoying it all. Many thanks and merry Christmas.

[@carukchannel]

many thanks David 👍👍

[@TA07DRY]

Prices will go up ,auction houses that open to the public back again, and gain a resurgence and stimulus

[@leewilliams9158]

Another interesting video. Yes prices are dropping week by week Merry Christmas happy New Year 🎄🎅👍

[@carukchannel]

Same to you!

[@lookingfortrouble6970]

You should keep the vehicle info up on the screen for the duration of the sale

[@martinspencer1618]

I couldn't go to an auction because I wouldn't have the faintest idea what the auctionerrs were saying.

[@johnmunro4952]

Yffyfchffygugugguvcufucucufuguvuff 300 fufcucufyfufuguguguguf6fyfufufufffufufufufuf 350 guggugufyguftctzddyddyc 400 on the net uffyfcufufyfjfugufugg SOLD !

[@1971wizzard]

Neither do they!! It’s all nonsense

[@pacman7959]

Bdbdbdbdbfbdbd. Gdgdgdgdgd. Sold

[@kenzohkw]

Best comment, auctioneers are still living in the Arthur Daley era...

[@MummaBear]

That's why they have the screens 😅

[@ceehud]

I do love your honesty , Would £250 cover your services for a future purchase ???? Just advice and bidding ! Thanks keep up the good work .

[@agrubera75]

Thanks for the insightful videos, at least I know I paid at least £2400 more for my car at the stealership back in February 🤦‍♂️

[@ravsingh5347]

I like ur wording 😂

[@nigelbrain8764]

I see a BMW x1 go through,I bought one 3 years ago best car iv had it’s been faultless I love it.great content mate looking forward to more in the new year,have a great Christmas and new your to you and your family.

[@carukchannel]

many thanks 👍

[@brianiswrong]

The 20 plate duster looked like it could have been driven straight into a showroom, have a £12995 on it and make £2k for very little work.

[@cscott1509]

Scratch on bavk end of that mini looks like a scetched in of a wather p1 9mm from days gone by.

[@user-s1o3nr532]

The Porsche has either been re-registered with a different plate or didn't survive for much longer after the auction.

[@JoeSmith-iu7zh]

Another great video Lee, have a great Christmas and busy New Year.

[@MonkeyBabba]

just tried vehicle score on my car only bad thing it came up with was it was more then 10 year old being a 2010 for focus with 58k on the clock i was well surprised when my score came out at 742, anyways next year im thinking on giving my car to my daughter who past her test this year and buying a new one so i book marked this site thanks.

[@carukchannel]

always handy if you need to check for finance or accident damage, well worth bookmarking

[@David-fj5lz]

The dealers are realised that the customers are now getting their revenge against the ones who profited from them, sweet!!

[@NerdInMotion23]

Ford Ecobooms because wet cambelts are never a good idea.

[@stevensumner3146]

Interesting thanks for sharing 👍

[@carukchannel]

No problem 👍

[@eddiereed5025]

That Saab bargain of the auction scrap worth £350 minimum

[@infamous7676]

I don't see any of the cars I'm interested in buying dropping in price in fact they are still too high. 100,000 mile plus golf R's still insane.

[@keithchenery7748]

Enjoy your Break and look forward to next years content.

[@user-te1le7ck6b]

Bought a car from auction the other week BCA prices still stupid at times I think 20+ range is what suffers

[@malachy1847]

That Toyota Auris Hybrid could as you said,"It will outlive us all" that's why it fetched strong money for an old car ,what's not to like about it a strong VVTi 1.8 Petrol engine coupled to a Japanese bullet proof Automatic gearbox, throw in that Hybrid set up giving great MPG, and low road tax [ ULEZ compliant] could have been bought as a little runaround for the Great London area.

[@pauperme8852]

Great video as always Lee 👍

[@2hislopa]

Good time to buy its a shame know one can afford to buy lol

[@francisbegbie591]

Folk are too busy trying to keep their heads above water with essential bills.Money- for what is essentially an A-B mobile has dried up.Folk keeping their cars for much longer,sticking with what they've got.

[@cabottaxi]

Best time of the year to be buying a car . Buy before January before everyone comes out the wood.

[@triplevxd]

I think this January will be different!

[@Ian-ei6ut]

Thanks Lee for keeping the videos coming, good content good you got in there with that little Citroen Nice to come back with something, be interested tosee what January brings.

[@carukchannel]

Thanks 👍

[@ianrobinson9243]

I sit here watching this and seeing some of those prices thinking that I wished I had a pot of money.