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Pros and cons of using an auction like Bonhams

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B21
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Pros and cons of using an auction like Bonhams

Post by B21 » Thu Mar 16, 2023 9:27 pm

My recent daly with the surgeon made me reflect on mortality and a time when for whatever reason driving a Zed is no longer an option.

For those of us who have embarked on the more fringe areas of rarity and or modifications I was pondering about using an agency like Bonhams..

Just seen a fairly average 35i go for £14,950 which will be closer to £16k all up for the buyer..poor spec but well talked up by Bonhams.

For what appears to be a fee of about £500 they do quite a job of detailing and selling the car…I guess the risk is if they set a reserve which yiu consider low then your beloved Zed is sold for a pittance?
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Pros and cons of using an auction like Bonhams

Post by Pondrew » Thu Mar 16, 2023 9:35 pm

There seem to a lot of them 'at it' these days. Recently seen a lot going through Silverstone Auctions (they have some real rarities but quite mundane stuff too). I wonder if the 'Bangers and Cash' lot and the way the publicity has shown the car auction industry to the masses has helped?
I always thought of Bonhams as fine art and 'rich people's' auction stuff. I suppose everybody needs to make a living somehow. :)
Last edited by Pondrew on Thu Mar 16, 2023 9:37 pm, edited 1 time in total.
All good things come to those who wait. I'm really impatient which explains a lot.

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Pros and cons of using an auction like Bonhams

Post by B21 » Thu Mar 16, 2023 9:37 pm

I assume the average viewer on Bonhams website is not your typical Gumtree guy….. :tumbleweed:
We choose to go to on with this endeavour at this time and do the other things, not because they are easy, but because they are hard..

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Pros and cons of using an auction like Bonhams

Post by Pondrew » Thu Mar 16, 2023 9:39 pm

B21 wrote: Thu Mar 16, 2023 9:37 pm I assume the average viewer on Bonhams website is not your typical Gumtree guy…..
Well I've never looked at Bonhams' website, so draw your own conclusions! :D
All good things come to those who wait. I'm really impatient which explains a lot.

F31 320i. Good car.
E89 20i Now fully dried
Z3 'free litre'. Project and a half. Complicated!
Mazda3 sold
Tatty old R56 Mini Cooper. Money pit!

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Pros and cons of using an auction like Bonhams

Post by mmm-five » Fri Mar 17, 2023 10:11 am

Pondrew wrote: Thu Mar 16, 2023 9:39 pm
B21 wrote: Thu Mar 16, 2023 9:37 pm I assume the average viewer on Bonhams website is not your typical Gumtree guy…..
Well I've never looked at Bonhams' website, so draw your own conclusions! :D
Well I have...but only when they've had a classic car sale on there...just for me to go "HOW MUCH!!!" :P
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