davyk31 Posted December 3, 2008 Report Share Posted December 3, 2008 I have looked at an auction catalogue for BMW / Mini cars. It gives each cars description and then after each car there is a line that gives : CAP CIn and lists a number : Average a number : GG a number What does this mean??? Link to comment Share on other sites More sharing options...
Booster Posted December 3, 2008 Report Share Posted December 3, 2008 CAP Cln = CAP (one of the trade bibles for values) clean. The number is what CAP book it at and clean means its in good condition. Average means, you guessed it, average condition:grin: GG is the Glass's Guide value Link to comment Share on other sites More sharing options...
davyk31 Posted December 3, 2008 Author Report Share Posted December 3, 2008 And these prices are the trade values are they ? Should the auction price then be in the same region or possibly lower. On this car it gives : Cap Clean 18650 Average 17400 Glasses Guide 20750 so there is quite a range in the prices. Also is it right to assume most cars would not be making book at the moment, especially as this is an X5 ? Anyone want to stab a guess as to what this whould cost in the auction. Its a late 2006 X5 Leman Blue Sport Edition 3.0d auto, all the extras, 25k miles. Coming from BMW Financial Services apparently so I assume it was on a 2 year lease or whatever. Link to comment Share on other sites More sharing options...
Merlot Posted December 3, 2008 Report Share Posted December 3, 2008 £16k? PS I would not have posted this PS but apparently '£16k?' is too short an answer to be allowed. What happened to brevity? Link to comment Share on other sites More sharing options...
davyk31 Posted December 3, 2008 Author Report Share Posted December 3, 2008 Haven't come across a problem with too short an answer before ............ but thanks for your reply. I reckon I would be happy enough to pay 16k for it. Whats the norm as regards add on fees to the hammer price. Their site mentions buyers indemnity fee but not an amount. What else needs added? Link to comment Share on other sites More sharing options...
Gareth Posted December 5, 2008 Report Share Posted December 5, 2008 Haven't come across a problem with too short an answer before ............ but thanks for your reply. I reckon I would be happy enough to pay 16k for it.Whats the norm as regards add on fees to the hammer price. Their site mentions buyers indemnity fee but not an amount. What else needs added? You need to add the buyers premium % and will need to pay in cash/cleared funds on the day. Also you need to have or open an account with the auction house in question. If you end up bidding against private buyers (often the case now) you will pay far too much for the car in question. Best tip is find a friend in the trade to go with you or at least watch the bidding and note when the trade buyers drop out............ Good luck!!! Link to comment Share on other sites More sharing options...
Gareth Posted December 5, 2008 Report Share Posted December 5, 2008 £16k?PS I would not have posted this PS but apparently '£16k?' is too short an answer to be allowed. What happened to brevity? "What happened to brevity?" He lost his job in the recession and is on the dole.... Link to comment Share on other sites More sharing options...
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