GTC for sale by auction - 20 November - 1pm.

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petermisy
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GTC for sale by auction - 20 November - 1pm.

Post by petermisy » Mon Nov 20, 2017 10:51 pm

Think it is parked next to mine here
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7825864250_c1013d5d39_b.jpg (227.94 KiB) Viewed 1494 times


GTC Prototype XJW 247T
GTC No. 381 A381 GTC (was A24 EPB)
MGB GT 1971 EPE 838J (project)

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Post by IanC » Thu Nov 23, 2017 5:41 pm

Now on e bay - quelle surprise! here

Still with no MOT though
Ian


Current : Scimitarless (probably not for long)
Past: SE5, SE5a x 3, GTC x 3, SE6, SE6a

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petermisy
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Post by petermisy » Thu Nov 23, 2017 8:03 pm

Shame really, why can't people buy them to enjoy them.


GTC Prototype XJW 247T
GTC No. 381 A381 GTC (was A24 EPB)
MGB GT 1971 EPE 838J (project)

2016 Ford Galaxy Titanium X 180bhp
Ford Transit Connect van
2016 Bailey Pegasus Verona Caravan

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Post by rebel alliance » Thu Nov 23, 2017 9:06 pm

This is very strange , i thought someone paid around £5.000 for it .And now have it on ebay with no reserve .Bit of a risky gamble in my opinion



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Geraint SabreGTCse5
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Post by Geraint SabreGTCse5 » Thu Nov 23, 2017 9:33 pm

rebel alliance wrote:
Thu Nov 23, 2017 9:06 pm
This is very strange , i thought someone paid around £5.000 for it .And now have it on ebay with no reserve .Bit of a risky gamble in my opinion
a dealer trying to make a quick buck ..maybe he thinks he will actually get the supposed valuation price...... you can end any listing with a single click so no real risk.


Geraint

Sabre ti, se5, GTC, 6b.......BMW Z3 3.0i

Better to be late in this life than early in the next!

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Post by rebel alliance » Thu Nov 23, 2017 10:18 pm

See how the bidding goes....I wonder who got that complete,part restored coupe on wednesday for £620.
Last edited by rebel alliance on Tue Dec 12, 2017 2:38 pm, edited 1 time in total.



tyke 1508
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Post by tyke 1508 » Sat Nov 25, 2017 7:46 pm

The current bidding pattern for the GTC somehow seems rather contrived.



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Geraint SabreGTCse5
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Post by Geraint SabreGTCse5 » Sat Nov 25, 2017 7:57 pm

tyke 1508 wrote:
Sat Nov 25, 2017 7:46 pm
The current bidding pattern for the GTC somehow seems rather contrived.
as with the other listing the seller has. from the same auction house as the C .....


Geraint

Sabre ti, se5, GTC, 6b.......BMW Z3 3.0i

Better to be late in this life than early in the next!

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Post by Oxymoron » Mon Nov 27, 2017 2:49 pm

Up to £5600+ with 6 days still to go and private bidders! :roll:


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Post by ronnie » Tue Dec 12, 2017 10:14 am

Another belated WELCOME

Missed this new members introduction but this can be overlooked with such a great looking car to sell .

I seem to have missed this one as well because of my recent travels via Coventry to Vegas and Paris.
I will be looking up Bonhams auctions in future with prices on the rise.

Did anyone of our very large membership buy it?

I see this particular car sold.



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Post by rebel alliance » Tue Dec 12, 2017 12:49 pm

Resold on ebay for a £1.000 profit.



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Post by ronnie » Tue Dec 12, 2017 1:45 pm

SOLD

At least the auction house is now aware of the fourum and can advertise again when they have another Reliant to flog.

Perhaps the new new owner is actually an enthusiast and he will now join the growing membership.



drcdb15
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Post by drcdb15 » Tue Dec 12, 2017 1:59 pm

rebel alliance wrote:
Tue Dec 12, 2017 12:49 pm
Resold on ebay for a £1.000 profit.
Fully respect the views of those who deride a dealer for trying to make a quick buck, and people who it is implied pay over the odds for buying from a dealer rather than the 'proper' price - whatever that might be :? but there is another side to the coin:

relatively few private individuals are comfortable buying at auction - even if they can physically get there (most can't, there are only a handful of classic car auction sites in the country) or bid in real time (most can't as they are at work and can't phone in). So the practicalities for most potential buyers are large and real barriers. Furthermore, buying at auction has virtually no buyer protection, whereas even buying privately on eBay has *some*. And buying from a dealer typically brings more. So you get what you pay for.

As for dealers trying to make a quick buck, that is actually what they are in business *for*, and as has been pointed out, the dealer always takes a risk that he cannot sell, or sell only at a loss, and risk has a value which the dealer bears. The dealer also has other costs, such as transportation and storage, advertising and the costs of honouring any warranty he offers. These don't come for free, and again the dealer bears these costs. So his profit may be quick, but that doesn't mean it's always unduly large. Taking his overheads into account I very much doubt the re-seller (I'm not at all sure in this case it actually *is* a dealer) made more on this particular transaction than on any other typical car buy-sell deal.

Lastly, as has been pointed out too, the most recent market price has been established in a very open auction, and we should all be pleased that the price set is higher than the original auction - aren't we all pleased that the open market value of our cars is rising ?


Chris
MB61; formerly 1978 SE6A 3.5 V8; 1986 SE6B 2.9 EFi.

drcdb15
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Post by drcdb15 » Tue Dec 12, 2017 2:05 pm

Incidentally, before anyone makes any accusations :lol: my Worcestershire link is well outside Worcester, whereas the re-seller in this case is in WR5 which covers most of Worcester city itself. I have no link at all with this car or the transactions being discussed.


Chris
MB61; formerly 1978 SE6A 3.5 V8; 1986 SE6B 2.9 EFi.

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Post by rebel alliance » Tue Dec 12, 2017 2:46 pm

Just for the record i have no views and zero interest in who sells what to whoever at what price they want, or achieve .Just answering someones question !



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