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Collecting Cars

For the benefit of those following Collecting Cars auctions, this is how I understand the captions:

‘No Reserve’ means that the bidding has hit the Reserve point where a sale is guaranteed at the point of completion of the auction. This would also apply to any seller setting a £0 reserve.

‘Reserve lowered’ means that CC have advised the client to lower the bar and the client has agreed. Until the caption changes to ‘No Reserve’ the bidding will not lead to a sale.

If neither of these captions are present then the reserve has been set at the point where the bidding may not actually meet the Reservation point and the seller won’t budge on their initial Reservation point.
 
[album]22940[/album]

As things stand (at time of posting this): the Iliad has some way to go before the bidding hits the Reserve, whereas the Iceberg is up for grabs (low reserve - brave, desperate or foolish?).
 
£42k for the Iliad seems very fair in the current market of stratospheric prices, however the seller swerved the bullet on the matter of cam belt as it is now well overdue! Hope the buyer is aware that there is a fair few quid needed to be spent before it is used in anger :approve:
 
Phase 1 [v6plaque]103[/v6plaque] sold for £26,168, which seems like good value for a low-mileage, 3-owner Vee. May need its cambelt changed (last changed in 2016) and an oil & fluid change - the last oil/filter service was carried out in 2019 by SGM.
 
Sensible prices all round I think. Both cars needed a bit spending on them, plus the auction fees, brings them inline with current trends.
 
I thought the Ph1 seemed a good buy considering previous ones. Very low mileage and looked very genuine.

Last one (ph1) was on 52k miles went for £28k. Is the market changing?
 
Phase 1 [v6plaque]103[/v6plaque] back up on Collecting Cars - 2 days to go, and sitting at £14,250: LINK

Some way to go before reaching the price it sold at just over a year ago (April 2022)...
 
More to the point it is well overdue a belts etc change, last done in 2016 and low miles tend to be bad for belts as they adopt a fixed shape, stress areas can crack and belt can stick to pulleys, looks remarkably cheap at the moment so someone could get a bargain if they remember they need to shell out a couple of grand for mechanicals :approve: however jaded history and cat d certainly won’t help its cause :rofl:
 
Its not Cat-D.

phase 2 103 is Cat-D, easily muddled up!

Paintwork is a bit poor on this car, but £27,750 seems fair.
 
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