Fairly regularly, potential clients will ask me, "So, do you buy
cars from auctions?"
And my response is always the same, "Actually, auctions are the one place I refuse to buy cars
Now, you may be thinking, "Whoa, whoa, whoa! Hold your horsepower! I thought that is where all the
best bargains are..?"
Sorry. No. And for three reasons:
REASON 1: WHY YOU SHOULD NEVER BUY FROM AUCTIONS
The real, proper auctions are by invitation only to certain people in the motor trade. Public
auctions have too many private bidders driving the prices up, which doesn't help keep costs
REASON 2: WHY YOU SHOULD NEVER BUY FROM AUCTIONS
This is the big one...
At Palmdale we spend a lot of time and energy making sure that the cars we buy for clients are in
superb condition. When buying from an auction there just isn't enough time to check
out a car properly.
Added to that, auctions are where dealers often send their rubbish cars - the ones that they
don't feel are good enough to sell on themselves.
(SPECIAL NOTE FOR CHRIS EVANS (Radio DJ) - Don't worry, Chris, this doesn't apply to
top-end classic car auctions, so I'm sure that the Ferrari 250 GTO you recently won at auction for
£12m is fine.)
REASON 3: WHY YOU SHOULD NEVER BUY FROM AUCTIONS
A lot of auction cars are not even that cheap at present. Everyone in the motor trade is
fighting for stock, which pushes prices right up.
And this will continue as long as the current used car drought carries on.
(Founder & Owner)
OF THE WEEK
BMW 535d Touring
"I want a BMW 5-Series estate, but it needs to be one of the super-fast diesels, and under £20k."
How much it should have cost:
Glass's Guide = £23,371
We bought it for = £19,000!
WHY I LOVE THE...
The first time I saw one of these was in Germany, when six of the things
howled past me in quick succession on a country lane (probably a bunch of journalists). I love big
Audi saloons (hell, I own one!) but what sets the S8 apart is the insane 5.2-litre V10 Lamborghini-sourced
engine under the bonnet. For the first time ever, I spent 90 minutes driving one last weekend, and
I am in love! Seriously fast, very well appointed and gorgeous sounding... yet much more subtle than
the equivalent BMW or Mercedes.