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Subject Topic: Caravan Auctions
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14/5/2011 at 8:06am
 Location: cheshire
 Outfit: Mecedes ML350 lunar delta
View stocky13's Profile View Profile   Reply to stocky13 Reply   Quote stocky13 Quote  
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Quote: Originally posted by millermicm on 14/5/2011

The fact that dealers go there to buy suggests they are sold at trade prices. Dealers only buy to sell on. Dealers also generally buy good vans.

 As for repossessed vans not been looked after. They may be superficially dirty from standing around but having worked in the insolvency business for 35 years my experience of people not being able to keep up payments on this type of asset is that they are more often than not decent people who have had a change of circumstances and fallen on hard times. Its not like they show on TV.

My advice would be go and have a look - it might be worthwhile.

Just remember Caveat emptor.

 


Thats what i was thinking. It wont hurt to go and look.


14/5/2011 at 9:01am
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Unlike the op, you are not that far away so worth a look for a day out. Its other private buyers you will be competeing against, not the dealers. No such thing as 'trade price' really. Stuff sells for the highest bid subject to reserve price. Just like a private sale you are buying as seen without warranty so you pay less than a dealers forecourt.

Groups of dealers tend to get together in 'buying rings' to decide what each is bidding for so they don't bid against each other but this does not affect the private buyer as you can afford to outbid the dealers & still save money provided 'van is ok.


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