Whats for sale (in Australia ) and interesting Thread

[Dreamr]

1 hour ago, michel said:

 

@Dreamr Is much selking at the moment and is the higher ask , like the  higher reno costs with a covid (25k) tax inbuilt in any quote

That a good question ... not sure if things are selling .. but the asking prices haven't come down. So either they are selling or the owners don't care about reducing the prices .. 

Either way, I don't think Covid has had the doom and gloom crash that many have been hoping for. 

[MFX]

1 hour ago, consideringa911 said:

Don't see many of these.

https://www.carsales.com.au/cars/details/porsche-911-1989/sse-ad-6113490/

Seems to be a genuine one. But those wheels 🤣

It will get snapped up at that price. Better get in quick!

[9er]

2 hours ago, consideringa911 said:

Don't see many of these.

https://www.carsales.com.au/cars/details/porsche-911-1989/sse-ad-6113490/

Seems to be a genuine one. But those wheels 🤣

The last one I saw, I bought for a mate @ $80K, (40k kms) told him he was a weirdo for wanting such a hairdressers car, pretty much sums up my knowledge of collectable cars.

[WGA]

AFAIK, the rear wing was not an option so has probably been added which begs the question, non-std wheels, wing, ????, what else I wonder.

[OBRUT]

2 hours ago, Dreamr said:

That a good question ... not sure if things are selling .. but the asking prices haven't come down. So either they are selling or the owners don't care about reducing the prices .. 

Either way, I don't think Covid has had the doom and gloom crash that many have been hoping for. 

From what I’ve been seeing, heaps of stuff has been moving. 

[Dreamr]

14 minutes ago, OBRUT said:

From what I’ve been seeing, heaps of stuff has been moving. 

Good to know ... thinking of selling mine .. 😀

What I have noticed though is that there doesn't seem to be a lot of quality stock coming up for sale ... and if it is quality, it's priced up there ...

[Car tart]

9 hours ago, P-Kay said:

My take on Lloyds (based on experience which ties in with everyone else) the cars must have unrealistic reserves on them and for whatever reason, they choose not to advertise/inform whether the reserve is met - until after the fact to try and squeeze out every last cent by playing the highest two/three bidders off each other.

Guess it's a strategy that works for them - just leaves a sour taste for the enthusiast punters

First post and hello all. I’m a regular at LLoyds. I hate the general attitude of people buying today And the angry put down tactics so prefer to pay the 10% and let them sell the car.  I only keep a car about 2 years so generally sell 4-6 cars a year. I’ve had a guy threaten to knife me as he drove 4.5 hours to see a 68 Mustang that I advertised as mechanically and interior perfect BUT desperately needs a respray $22k. He carried on about his drive and the time it took and that he’s knifed people for less and the quality of the paint job is Sh..t. That I should be ashamed of my self for saying it needs a respray  as it needs A complete respray. He again mentioned knifing and what I would take. I said $18k he said $15k and threatened me again and I locked the door to my warehouse to watch him leave.   Drove the car straight to Lloyd’s where the following week it got $34,000 less Of course10%.

Not all buyers are Porsche people!

[JLD]

2 hours ago, Car tart said:

First post and hello all. I’m a regular at LLoyds. I hate the general attitude of people buying today And the angry put down tactics so prefer to pay the 10% and let them sell the car.  I only keep a car about 2 years so generally sell 4-6 cars a year. I’ve had a guy threaten to knife me as he drove 4.5 hours to see a 68 Mustang that I advertised as mechanically and interior perfect BUT desperately needs a respray $22k. He carried on about his drive and the time it took and that he’s knifed people for less and the quality of the paint job is Sh..t. That I should be ashamed of my self for saying it needs a respray  as it needs A complete respray. He again mentioned knifing and what I would take. I said $18k he said $15k and threatened me again and I locked the door to my warehouse to watch him leave.   Drove the car straight to Lloyd’s where the following week it got $34,000 less Of course10%.

Not all buyers are Porsche people!

I don’t think that’s the issue. I, and it seems others too, have successfully won an auction with Lloyd’s. Lloyd’s have then turned around and said the sale won’t happen because the seller wants more. And not just Porsches. 
 

Lloyds aren’t transparent with their selling process, and from a buyer’s perspective it’s a massive waste of time. Because of this I won’t bother with Lloyd’s ever again. While you might think that’s my bad luck, from a seller’s perspective this is a bad thing as the buyer is the one who makes the price higher....

[michel]

15 minutes ago, JLD said:

I don’t think that’s the issue. I, and it seems others too, have successfully won an auction with Lloyd’s. Lloyd’s have then turned around and said the sale won’t happen because the seller wants more. And not just Porsches. 
 

Lloyds aren’t transparent with their selling process, and from a buyer’s perspective it’s a massive waste of time. Because of this I won’t bother with Lloyd’s ever again. While you might think that’s my bad luck, from a seller’s perspective this is a bad thing as the buyer is the one who makes the price higher....

Unless the seller is bidding 

[Car tart]

3 hours ago, JLD said:

I don’t think that’s the issue. I, and it seems others too, have successfully won an auction with Lloyd’s. Lloyd’s have then turned around and said the sale won’t happen because the seller wants more. And not just Porsches. 
 

Lloyds aren’t transparent with their selling process, and from a buyer’s perspective it’s a massive waste of time. Because of this I won’t bother with Lloyd’s ever again. While you might think that’s my bad luck, from a seller’s perspective this is a bad thing as the buyer is the one who makes the price higher....

But isn’t that the case in all auctions in Australia, except for no reserve auctions. It’s better than grays on line where they have cars that sell then the next day it starts again. Obviously there was no time given for a buyer to pay for the car so it was bid on and bought back by the company. Or the regular glitch of computer failure where no bids can be made and cars sell for a fraction of their value. My 1973 escort sold for $6609 a few weeks back and a mint condition 996 C4 for $23,909 both due to computer errors.

Also when you inspect the cars you can talk to them about the value and price the vendor is hoping to achieve.

i purchased my De Tomaso from them and I felt the negotiations and auction were no different to any legitimate house or pickles/Mannheim Auction.

[LeeM]

19 hours ago, porka987s said:

Nice Cayman S here, loaded with good options.

https://www.carsales.com.au/cars/details/2007-porsche-cayman-s-987-manual-my07/SSE-AD-6702292/?Cr=10

Yep, a 'sort' after car 🙄

It is nice though

14 hours ago, consideringa911 said:

Don't see many of these.

https://www.carsales.com.au/cars/details/porsche-911-1989/sse-ad-6113490/

Seems to be a genuine one. But those wheels 🤣

 That's been on and off carsales for a couple of years. Still fugly too

[JLD]

5 hours ago, Car tart said:

But isn’t that the case in all auctions in Australia, except for no reserve auctions. It’s better than grays on line where they have cars that sell then the next day it starts again. Obviously there was no time given for a buyer to pay for the car so it was bid on and bought back by the company. Or the regular glitch of computer failure where no bids can be made and cars sell for a fraction of their value. My 1973 escort sold for $6609 a few weeks back and a mint condition 996 C4 for $23,909 both due to computer errors.

Also when you inspect the cars you can talk to them about the value and price the vendor is hoping to achieve.

i purchased my De Tomaso from them and I felt the negotiations and auction were no different to any legitimate house or pickles/Mannheim Auction.

It’s not the case with all auctions in Australia. I buy a lot of things through auctions in Australia, and in every case (except for Lloyds) the hammer falls and the highest bidder pays for the item as per the auction rules.
 

The way this isn’t the case is when the item is auctioned with a reserve price and during the auction the auctioneer clearly states that the reserve has not been met. If the highest bidder has not reached the reserve, the item is ‘passed in’ as unsold. This is where Lloyds seems to do it differently to everyone else. Lloyds doesn’t declare there is a reserve when there is one, and doesn’t mark the item as ‘passed in’. Instead the highest bidder is told they are successful at the fall of the hammer. Not until it comes time to pay for the item that the successful bidder is told that in fact they were unsuccessful and that they need to stump up more money. Mo other auction house does this!

Grays has a different approach after the auction. They take a credit card number When you register and take a deposit after the completion of the auction. If this credit card cannot be charged, the auction is deemed to be void and they put the item back up for auction. This is why things go back up so quickly on Grays.

[smit2100]

11 hours ago, JLD said:

I don’t think that’s the issue. I, and it seems others too, have successfully won an auction with Lloyd’s. Lloyd’s have then turned around and said the sale won’t happen because the seller wants more. And not just Porsches. 
 

Lloyds aren’t transparent with their selling process, and from a buyer’s perspective it’s a massive waste of time. Because of this I won’t bother with Lloyd’s ever again. While you might think that’s my bad luck, from a seller’s perspective this is a bad thing as the buyer is the one who makes the price higher....

I was curious on any misleading leading and deceptive conduct with respect to the Terms and Conditions based on the bad press comments.   Anyone really read the fine print on LIoyds auctions for cars. Just a view but I  see it as not much different to  how  I purchased  my current house.  i.e May as well call it accepting online expressions of interest by a set date. Except unlike when I expressed an interest with an offer on my property, you have transparency on the highest bid within that set date via an online portal.  Eg you put your offer in and if your the highest at the advertised end date and  if doesnt meet the reserve ( owner and agent ( Lloyds) only know that), you get in a  further pissing match with the seller through the agent on what its worth. No agreement on what its worth,  they move to the second highest offeror and  off they go.  If there's no reserve, it's a traditional auction.  What's all the fuss about?

[juzmister]

https://www.carsales.com.au/cars/details/1995-porsche-911-carrera-993-manual/SSE-AD-6388677/?Cr=5

Has anyone had a look at this one? Looks reasonably tidy?

[Zelrik911]

On 26/06/2020 at 10:38, JLD said:

to be fair it's 50-50 as to whether the sale will go through with Lloyds

About an hour to go - and its up to $127,000  !!!

I suspect the owner is putting in lots of "vendor bids" . If it backfires & doesnt sell; I wonder what it will eventually sell for?

https://www.lloydsonline.com.au/LotDetails.aspx?smode=0&aid=17034&lid=2277841

[Car tart]

8 hours ago, JLD said:

It’s not the case with all auctions in Australia. I buy a lot of things through auctions in Australia, and in every case (except for Lloyds) the hammer falls and the highest bidder pays for the item as per the auction rules.
 

The way this isn’t the case is when the item is auctioned with a reserve price and during the auction the auctioneer clearly states that the reserve has not been met. If the highest bidder has not reached the reserve, the item is ‘passed in’ as unsold. This is where Lloyds seems to do it differently to everyone else. Lloyds doesn’t declare there is a reserve when there is one, and doesn’t mark the item as ‘passed in’. Instead the highest bidder is told they are successful at the fall of the hammer. Not until it comes time to pay for the item that the successful bidder is told that in fact they were unsuccessful and that they need to stump up more money. Mo other auction house does this!

Grays has a different approach after the auction. They take a credit card number When you register and take a deposit after the completion of the auction. If this credit card cannot be charged, the auction is deemed to be void and they put the item back up for auction. This is why things go back up so quickly on Grays.

Really credit car is not correct for purchases over $10k plus the terms and conditions say you have three days to pay. So how is it ok to put cars back on within 48 hours. Honestly it’s many of the same cars at grays that go through and sell fortnight after fortnight. Look at how many times the VX HSV has been sold. Also ask Grays if you can have a hidden reserve and they say no, yet cars  on their site do have hidden reserves. I buy and sell through both and have only seen computer glitches on Grays that have cost vendors money. As a licensed agent I feel the Grays secret bidding on their own cars should be Checked and outlawed and they make the Real Estate Industry look extremely professional. Watch cars that sell in Sydney Grays cheap then appear in Newcastle branch at no reserve, they are listed And sold over and over until they achieve prices higher than the purchase price in Sydney.
Grays will tell you you can have a Reserve if the cars are valued at over $50k yet many below this have reserves. Too many people bending the rules. Other than you don’t know the reserve unless you ring LLoyds, I can’t see any other problem and the fees and prices achieved are testament to this.
In return both are known as dumping grounds for Dealers to get rid of cars they don’t want to warrant, thus the number of Territories, Captivas, Vivas, Cruze, Mondeos, Kugas etc.

There is a Red 944 on Grays ATM with a stuffed auto transmission and in very poor condition but if it’s dropped to $3-4K it could be a ripper parts car.

5 hours ago, Zelrik911 said:

About an hour to go - and its up to $127,000  !!!

I suspect the owner is putting in lots of "vendor bids" . If it backfires & doesnt sell; I wonder what it will eventually sell for?

https://www.lloydsonline.com.au/LotDetails.aspx?smode=0&aid=17034&lid=2277841

 

[JLD]

1 hour ago, Car tart said:

Really credit car is not correct for purchases over $10k plus the terms and conditions say you have three days to pay. So how is it ok to put cars back on within 48 hours. Honestly it’s many of the same cars at grays that go through and sell fortnight after fortnight. Look at how many times the VX HSV has been sold. Also ask Grays if you can have a hidden reserve and they say no, yet cars  on their site do have hidden reserves. I buy and sell through both and have only seen computer glitches on Grays that have cost vendors money. As a licensed agent I feel the Grays secret bidding on their own cars should be Checked and outlawed and they make the Real Estate Industry look extremely professional. Watch cars that sell in Sydney Grays cheap then appear in Newcastle branch at no reserve, they are listed And sold over and over until they achieve prices higher than the purchase price in Sydney.
Grays will tell you you can have a Reserve if the cars are valued at over $50k yet many below this have reserves. Too many people bending the rules. Other than you don’t know the reserve unless you ring LLoyds, I can’t see any other problem and the fees and prices achieved are testament to this.
In return both are known as dumping grounds for Dealers to get rid of cars they don’t want to warrant, thus the number of Territories, Captivas, Vivas, Cruze, Mondeos, Kugas etc.

There is a Red 944 on Grays ATM with a stuffed auto transmission and in very poor condition but if it’s dropped to $3-4K it could be a ripper parts car.

 

Do you work at Lloyds?

[Whateverreally]

It looked to be a nice 928 that sold at Lloyd’s, 

I think it got $44k 

if it wasn’t at Lloyd’s I would have had a look at it,

https://www.lloydsonline.com.au/LotDetails.aspx?kw=Porsche+&smode=0&lid=2292568

 

[Car tart]

43 minutes ago, JLD said:

Do you work at Lloyds?

No,I’m retired never worked in cars only with Real Estate and had an extensive Car collection. I lost a Little bit of money due to computer glitches which seem to be regular for sellers of quality vehicles on a certain companies web site. 
 

if I worked at LLoyds why would I advertise the Porsche on Grays, or tell you about how many cars I’ve sold on Grays and LLoyds and privately. Plus I’m probably older than most of you, but I do know the general manager and state manger (cars) of Grays so I do know the inner workings of their company.

[firstone]

You kind of illiterate the point that others have been making.

You shouldn't have to know the inner workings. 

[Car tart]

1 minute ago, firstone said:

You kind of illiterate the point that others have been making.

You shouldn't have to know the inner workings. 

I agree, I just believe that bad mouthing A company that is achieving great results like today is not in the interest of Collectable Porsche owners. It seemed that no one else was prepared to stand up for them, for a very poor reason.

its not as of Lloyd’s is the Donald Trump of Auction Houses.

[Troubleshooter]

3 hours ago, Car tart said:

its not as of Lloyd’s is the Donald Trump of Auction Houses.

I guess that makes them the Joe Biden of auction houses

[hugh]

Maybe start a Lloyd’s opinion thread? You can then populate it with many pie charts and individual testimonials. 

Give us some Porsche’s to critique...........
 

NEXT! 

[luzzo]

On 25/06/2020 at 20:05, JV911 said:

https://www.lloydsonline.com.au/LotDetails.aspx?smode=0&aid=17034&lid=2277841

What final price did this get to?

[Turra]

$150k plus 7.5%

Was a build done by Zag Automotive. Very tidy car that had not really been driven since The owner picked it up.