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LittleGreyCat

153 posts

Master Geek


#76165 29-Jan-2011 13:58
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Just done a price check on our 2009 Camry, which we bought through Turners at the start of November for a bid price of $2,800.

The price check included this
<http://www.turners.co.nz/PriceCheck/Pages/ValVehicleDetails.aspx?RequestId=65274&RefID=807714>
which appears to be our car with a price of $3,115.

Now AFAICR this is effectively what we paid when the buyer's premium was added on but it wouldn't be what the seller received after fees and seller's commision.

So I'm not sure if this is an accurate price guide.

Should you include the auction fees when trying to value a car?

Should you show the money which went to the seller?

Or should you show the bid price which lies between the two?

I see that this is a guide to the real price that has been paid at recent auctions - just not sure that it doesn't raise expectations for someone who is selling.

Having an indoor day today until the weather calms down.

Cheers

LGC

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NonprayingMantis
6434 posts

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  #432565 29-Jan-2011 14:05
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Your link appears to be broken (for me anyway).

the price you paid is the value of the car. What the seller received is irrelevant.

If you buy a house for $500k the seller will only get around $480 after commission, but the value of the house is $500 since that is what you paid for it.



Also, you got a 2009 Camry for ~$3k? holy crap that is cheap. was it a wreck?



LittleGreyCat

153 posts

Master Geek


  #432569 29-Jan-2011 14:15
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From the price check I paid slightly over the odds - all the others listed for the last 6 months were cheaper.

Nice car, a little worn inside (but certainly good average condition for a car over 10 years old) and so far has behaved very well.

Err...oops!

Yeah - 1999 Camry.
Brain/keyboard interface malfunction.

trig42
5809 posts

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ID Verified

  #432886 30-Jan-2011 18:26
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~3k for a ten year old camry is still pretty good.

How many k's has it done?



Jaxson
8041 posts

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Trusted

  #433082 31-Jan-2011 10:43
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As mentioned above, the price of the car includes all the money you handed over to get it.

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