Forum-Gallery-Shop-Sponsors

« Advertise on Freel2.com

Home > General > LR Auction experience ?
Post Reply  Down to end
Page 1 of 1
Print this entire topic · 
Aero_383



Member Since: 05 Sep 2012
Location: Sussex
Posts: 586

United Kingdom 2013 Freelander 2 TD4 XS Manual Ipanema Sand
LR Auction experience ?

I am changing my car in the next few months and a colleague suggested looking at auctions. I have never bought a car like that and doubt I would because I would prefer to closely examine, test drive, prod, and get a warranty from a main dealer.

Out of interest I registered and searched the BCA website. I noticed that the main dealer that sold me my ex LR car has mostly ex LR management cars as used stock, and naively never considered how they got them, until I came across this on the BCA site :

Land Rover
Auctions of vehicles direct from Land Rover UK, with stock across the Land Rover range. Late-year, low-mileage stock such as ex-management, demonstrator and similar sources. Some ex-rental cars may also be included. These auctions are closed sales, and are exclusively for Land Rover franchised dealers.

My question is has anyone managed to attend a LR auction as a private buyer as they are closed to the public ? I would guess these cars are generally better condition than the average auction lot and would love the chance to grab a bargain.

Might have to get some LR business cards made up Whistle

Post #222974 24th Apr 2014 8:56 pm
View user's profile Send private message View poster's gallery Reply with quote
npinks



Member Since: 28 Jun 2007
Location: Ls25
Posts: 20090

United Kingdom 

I believe they are closed dealer only auctions

Even then, prices can go silly

Post #222975 24th Apr 2014 9:00 pm
View user's profile Send private message View poster's gallery Reply with quote
Aero_383



Member Since: 05 Sep 2012
Location: Sussex
Posts: 586

United Kingdom 2013 Freelander 2 TD4 XS Manual Ipanema Sand

Sure you're right Nick. Be interesting to know what sort of money the dealers pick them up for though.

Post #222977 24th Apr 2014 9:16 pm
View user's profile Send private message View poster's gallery Reply with quote
pcheaven



Member Since: 19 Jan 2010
Location: Kent
Posts: 1459

United Kingdom 

yep. closed shop, invitation for Main Agents only Sad 

Post #222992 24th Apr 2014 10:32 pm
View user's profile Send private message View poster's gallery Reply with quote
iain cooper



Member Since: 27 Aug 2007
Location: north of Glasgow
Posts: 1989

Scotland 2009 Freelander 2 TD4_e HSE Manual Lago Grey

I would imagine that that's how they move the Land Rover experience vehicles, which although they possibly have low mileage, could have had a hard life.

Iain

Post #223004 25th Apr 2014 8:13 am
View user's profile Send private message View poster's gallery Reply with quote
Badger1970



Member Since: 21 Sep 2012
Location: Southam, Warwickshire
Posts: 1372

United Kingdom 2013 Freelander 2 SD4 HSE Lux Auto Baltic Blue

All correct above. What will sicken you to know is that typically, a 6 month old HSE with circa 15k miles on it will be sold with an opening bid of 」20k, and the most a Dealer would pay is around 」25k. The forecourt price of around 」33k shows just what sort of Mark ups there are to be had by Dealers.

Don't ask me how I know this - I have contacts in the Sytner group who visit these auctions regularly, and have told me first hand the way that it works. It seems that the price is artificially high to begin with where joe public is concerned. Foraging near Gaydon....
覧覧覧覧覧覧覧
MY13 HSE Lux SD4, Baltic Blue - current, 30,000> miles without fault
MY12 HSE 2.2 SD4, Sumatra Black - gone after 10 months/43,000 fault-free miles

Post #223008 25th Apr 2014 8:43 am
View user's profile Send private message View poster's gallery Reply with quote
Past master



Member Since: 30 Jun 2010
Location: Isle of Ely
Posts: 2710

United Kingdom 

Slightly off the topic, but my uncle works as a driver for an auction house in Canada. Apparently ONLY car dealers are allowed in (he says this is normal over there). When he wants to buy a car he gets a friendly dealer to bid for him.
You can see why LR do this - they would send rubbish trade-ins to normal auction, but a good recent model can go on sale with LR warranty etc, and with dealers often having a shortage of cars it makes sense to offer them first dibs.
Don't underestimate the dealer's costs - yes they make a fat profit, but they also have to pay for the transport, the prep, the swish premises, the unhelpful salespersons and all that free coffee! Ex AA Series III LWB Safari - Gone
300TDi Disco (bought new - terrible car) sent back after 18 months
Freelander 1 Estate - leased, given back at end of lease
200TDi Disco (bought from a mate with 100,000 on the clock) - Gone
Disco 2 TD5 - sold and exported to France
FR2 TD4 GS - Gone
FR2 SD4 HSE - Now changed for a DS
New model ex-demo Evoque S 180 in white
Unable to order a new DS, so gave up. Now have a Volvo S90 Recharge.

Post #223041 25th Apr 2014 5:40 pm
View user's profile Send private message View poster's gallery Reply with quote
ad210358



Member Since: 12 Oct 2008
Location: Here and There
Posts: 7464

England 

Aero_383 wrote:
Sure you're right Nick. Be interesting to know what sort of money the dealers pick them up for though.


Yes they are closed Auctions, the price may not be as low as you think though. I have it on very good authority that a dealer looks to make 10% on vehicles acquired from the Closed Auctions. I know that last year they were fetching silly money and year old used Disco HSE's were fetching 」45k at auction, the dealer has delivery charges on top. Mine was a year old last November and didn't cost that much when I bought I six months earlier.

Post #223045 25th Apr 2014 6:17 pm
View user's profile Send private message View poster's gallery Reply with quote
jim4244



Member Since: 19 May 2012
Location: Bedfordshire
Posts: 66

England 2011 Freelander 2 TD4 XS Auto Bali Blue

Try Brightwells 4X4 auctions in Leominster.

I have bought 4 Land Rovers through them over the years and never had a problem.

Jim Gone - MY11, TD4 XS, Bali Blue

Post #223055 25th Apr 2014 7:21 pm
View user's profile Send private message View poster's gallery Reply with quote
Aero_383



Member Since: 05 Sep 2012
Location: Sussex
Posts: 586

United Kingdom 2013 Freelander 2 TD4 XS Manual Ipanema Sand

Thanks Jim.
I have had a look after your suggestion and some interesting lots there.
Whatever car / brand I go for I want less than a year old and max 10k miles. Not got the mechanical knowledge to buy a car at a general auction, but I would be prepared to risk it at a LR auction if it was new enough because I rate the LR warranty. Thumbs Up

Post #223064 25th Apr 2014 8:27 pm
View user's profile Send private message View poster's gallery Post Reply
Post Reply  Back to top
Page 1 of 1
All times are GMT + 1 Hour

Jump to  
Previous Topic | Next Topic >
Posting Rules
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum



Site Copyright © 2006-2024 Futuranet Ltd & Martin Lewis
Freel2.com RSS Feed - All Forums


Switch to Mobile site