TV show "can you make $$ in used cars"

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Mon 26 Jul 2004 18:27
TV show "can you make $$ in used cars" - Rosanbo
I saw this programme recently, on five?, It was called something like "can you make money buying and selling cars" or maybe that was the tagline.

The idea was that they were given money, had to buy a car at auction (BCA) then they take it home dress it up, clean it,etc and then they sell it again at auction (not BCA).

Some things I noted were:
The purchase price included the commision for the auction (As it should do) but not costs in transporting the car home...trailer hire...or insurance and tax disc.

The sale price was taken as the hammer price, did not include any sellers commision. It is arguable that the Joe bloggs auction they used for selling might not have charged a sellers commission, but, I doubt it. Again transport costs to auction.

Then you have the fundamental flaw of the program that you buy and sell at auction. If they sold privately they might make more money, but maybe they thought this could lead to some bad press if they sold a lemon to a nice old granny.

Anyone else see this show? The episode I saw they had a bright yellow Saxo with an 'orrible yellow spoiler on the back.
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Mon 26 Jul 2004 18:58
TV show "can you make $$ in used cars" - Adam {P}
Kev,
I saw one the other week (may have been on Sky though not sure) with the same basic idea. They had the most horrible Scietentotototo and a white Saxo which they cleaned up and sold at auction. Can't remember what it was called but this one was in Ireland as all the plates began DAZ or similar.
Adam
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Mon 26 Jul 2004 23:21
TV show "can you make $$ in used cars" - Ian D
I have watched 2 of the series, it is definitely made for TV and the most money they will make would not cover even the most basic of real traders expenses. I also cringed when their so called expert was advising against a Honda because spares were expensive and an electric window did not work - bear in mind this is a car to buy at auction, tart up and sell at another auction! Also they said on the last programme they were interested in a certain car and so got the keys, I hope that the auction houses do not get a glut of private punters who think that they can get the keys to any car they are interested in!!
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