You are reading a single comment by @NurseHolliday and its replies.
Click here to read the full conversation.
-
Interesting, I wonder what the commitment to hand over the cash is. Do you think you can back out if it doesn't actually look like the description?
Cars on Collecting Cars have been going cheap, I wonder if bidders are worrying about the same thing.
NurseHolliday-
On auction completion the winning bidders credit card is charged 10% which goes direct to collecting cars. You are then put in contact with the seller to organise payment/collection of the lot. Collecting cars involvement ends after they have put you in contact with the seller. There is no set process if the car is not as advertised - collecting cars told me this is dealt with on a case by case basis but I have a feeling you'd have a tricky job getting your 10% back.
golgol
I went to see this in person last week: https://collectingcars.com/for-sale/1996-bmw-e34-540i-touring
First time I’ve considered anything on Collecting Cars and it was an interesting test. Definitely not as nice as is it looks in the pics. Few spots of rust, bonnets been repainted pretty poorly, jacking points pretty corroded. None of which is mentioned in the description. The car is owned by the son of the owner of the dealer who is selling it which is the same garage which has MOTd the vehicle for the last two years (with no advisories). It intrigued me enough to call collecting cars and ask how the cars are assessed. The short answer is - they’re not. The seller provides all the photos and answers a template questionnaire on history, condition etc which is used by a third party copywriter to draft the descriptions we read on the website. The seller signs an agreement to say that description is ‘an accurate reflection of the vehicle’. Think it means particularly for older and higher mileage I’d almost always want to go and see them in person. For newer/lower mileage perhaps not.