cabby Posted March 2, 2008 Report Share Posted March 2, 2008 Looking for £3-4k car until I can decide what I really want. Came across this company in Colchester ECS with a stock of 1300 cars. The website explains "CARS LAWFULLY SEIZED BY CUSTOMS AND EXCISE + VEHICLES SURRENDERED UNDER LEASING AGREEMENTS AND FINANCE REPOSSESSIONS. VARIOUS CONTRACTS TO CLEAR VEHICLES." The only web articles I could find were from 2001 so wanted to check if anyone had more recent dealings with them? Link to comment Share on other sites More sharing options...
steve2 Posted March 2, 2008 Report Share Posted March 2, 2008 there are some good prices on there Link to comment Share on other sites More sharing options...
Rustynuts Posted March 2, 2008 Report Share Posted March 2, 2008 They've got a red Skoda Octavia vRS in (on an 05 plate) for only £4950, comes with leather. That sort of money will get you a 53 plate elsewhere. Link to comment Share on other sites More sharing options...
Muppetboy Posted March 2, 2008 Report Share Posted March 2, 2008 What is the catch? Hardly any of them mention mileage so assume super high? Otherwise cheap as chips... Link to comment Share on other sites More sharing options...
edo Posted March 2, 2008 Report Share Posted March 2, 2008 what does the v5 say on a reposessed car? Link to comment Share on other sites More sharing options...
patently Posted March 2, 2008 Report Share Posted March 2, 2008 Heard of them before - think it was a magazine article. The downside is that they are - literaly - sold as seen. And the customs seizures might have been (very) thoroughly searched prior to seizure. Panels may be cut, seats opened up etc etc. The upside is that this means they are very cheap. Link to comment Share on other sites More sharing options...
330dcoupe Posted March 2, 2008 Report Share Posted March 2, 2008 There's quite a few of the previous generation Focus' on there - there a fantastic car to drive. Link to comment Share on other sites More sharing options...
cruiser647 Posted March 2, 2008 Report Share Posted March 2, 2008 [ QUOTE ] There's quite a few of the previous generation Focus' on there - there a fantastic car to drive. [/ QUOTE ] But not to sit in or look at the dash. Link to comment Share on other sites More sharing options...
cruiser647 Posted March 2, 2008 Report Share Posted March 2, 2008 £6K for an 02 Merc 220 CDi in lovely aubergine! Blimey! Link to comment Share on other sites More sharing options...
cruiser647 Posted March 2, 2008 Report Share Posted March 2, 2008 Also, Booster might be able to verify this, but I am sure their stock levels will be rising due to finance repo's. Link to comment Share on other sites More sharing options...
scooby_simon Posted March 2, 2008 Report Share Posted March 2, 2008 From the top of the page linked. [ QUOTE ] VARIOUS CONTRACTS TO CLEAR VEHICLES. [/ QUOTE ] I'd guess these might be for sale with outstanding finance on them. Booster needs to confirm, but you might find some of these "too good to be true" prices are exaclt that. You also need to clear the finance before you own it. If they are snatch backs, the finance is still outstanding! Not at all sure about this mind... Link to comment Share on other sites More sharing options...
Booster Posted March 2, 2008 Report Share Posted March 2, 2008 [ QUOTE ] what does the v5 say on a reposessed car? [/ QUOTE ] Nothing. You wouldn't know. With regard to outstanding finance, if they inovice the vehicle to you, you are are an innocent party in the transaction and liability for settling any finance lies with them. Vehicle is rightly yours. Same with any car from a dealer. Any finance company would have no right to take the car from you. If they have been going for as long as they have and are a proper salvage company, this wouldn't be an issue as more than likely they but the cars direct from the insurer / finance co and this would have been sorted before the vehicle is handed over. More importantly you would need to find out if the car is on the VCAR register as some insurance companies won't insure even CAT D cars. Link to comment Share on other sites More sharing options...
cabby Posted March 4, 2008 Author Report Share Posted March 4, 2008 Managed to speak to someone at ECS today and established the following: - 90% of vehicles are end of lease disposals and are 1 (company) owner FSH vehicles. - the remainder are repossessions. - sticker prices are not fixed and open to sensible offers (you'll notice most prices end£X,950). ECS contact the lease company there and then and make offer to company on your behalf with a decision being made straight away. Will probably make the trek over to Colchester this Saturday if all goes to plan with aim of buying something for circa £4k. Link to comment Share on other sites More sharing options...
cruiser647 Posted March 4, 2008 Report Share Posted March 4, 2008 Wow - keep us informed! Link to comment Share on other sites More sharing options...
Melchior Posted March 6, 2008 Report Share Posted March 6, 2008 They have a cracking Astra Convertible there. Do a search for "GULWING" and you'll see what I mean. Nice Spinners! Link to comment Share on other sites More sharing options...
Botang Posted March 6, 2008 Report Share Posted March 6, 2008 [ QUOTE ] They have a cracking Astra Convertible there. Do a search for "GULWING" and you'll see what I mean. Nice Spinners! [/ QUOTE ] It appears that car was repossessed by the fashion police Link to comment Share on other sites More sharing options...
cabby Posted March 9, 2008 Author Report Share Posted March 9, 2008 I called ECS on Friday to check that the vehicles I had seen on the website were still in stock before driving over to Colchester. Most had been sold and those that hadn't had pretty high mileage (as a rule anything that doesn't have a mileage listed is 70k +). I asked about a Toyota Avensis diesel and was told it was in stock - but had 197k miles Anyways, after a few months of looking we found an 2005 X5 3.D Sport which we viewed yesterday and did a deal on that - picking it up next week . PS. Forgot to ask if the Astra was still in stock - sorry. Link to comment Share on other sites More sharing options...
petsar68 Posted March 9, 2008 Report Share Posted March 9, 2008 I take it your 4k budget was blown out of the water Link to comment Share on other sites More sharing options...
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