MatchFuzee Posted December 3, 2015 Share Posted December 3, 2015 Registration no. DPY 638 Chassis no. 153355 Engine no. 2065303 10 Dec 2015 14:00 GMT RAF Museum, Hendon Estimate £19,000 - £23,000 http://www.bonhams.com/auctions/22705/lot/341/ Quote Link to comment Share on other sites More sharing options...
ColinR Posted December 5, 2015 Share Posted December 5, 2015 I'll look forward to seeing that come in! Quote Link to comment Share on other sites More sharing options...
ColinR Posted December 17, 2015 Share Posted December 17, 2015 £23k including premium! https://www.bonhams.com/auctions/22705/lot/341/ Quote Link to comment Share on other sites More sharing options...
Pete Ashby Posted December 17, 2015 Share Posted December 17, 2015 Well good luck to the seller, but I am always left wondering who bids up to these inflated prices when a quick flick through the internet would set the bench mark for the vehicle.....sense money than more..... re-arrange as appropriate :-) Pete Quote Link to comment Share on other sites More sharing options...
ColinR Posted December 17, 2015 Share Posted December 17, 2015 Nearly every Willys/ford jeep that has come through Bonhams for a sale at the RAF museum has fetched a good price for the seller! Quote Link to comment Share on other sites More sharing options...
Ivor Ramsden Posted December 18, 2015 Share Posted December 18, 2015 (edited) I'm starting to negotiate over the price of a running MB which needs lots of work to make it original. Unfortunately the seller is aware of the Bonham's sale prices so we're about £13000 apart in terms of price. £13000 apart! Somehow I don't think it will become mine. Edit: I've just been looking at Bonham's fees and, if I've worked them out correctly, the seller would have received something like £13,500 for the Jeep after the extraction of the buyer's premium of 25%, seller's commission of 25% and a warranty fee of 1.5%. I don't know if the £23,000 included the 20% VAT on the buyer's premium. If it did, that would have been another £900 or so out of the seller's pocket. Phew! Who'd sell at auction? Maybe I'm back in with a chance. The MB that I'm looking at is nowhere near as tidy as the Bonham's one, nor does it have any history to speak of. Edited December 18, 2015 by Ivor Ramsden More info. Quote Link to comment Share on other sites More sharing options...
MatchFuzee Posted December 18, 2015 Author Share Posted December 18, 2015 I'm starting to negotiate over the price of a running MB which needs lots of work to make it original. Unfortunately the seller is aware of the Bonham's sale prices so we're about £13000 apart in terms of price. £13000 apart! Somehow I don't think it will become mine. Edit: I've just been looking at Bonham's fees and, if I've worked them out correctly, the seller would have received something like £13,500 for the Jeep after the extraction of the buyer's premium of 25%, seller's commission of 25% and a warranty fee of 1.5%. I don't know if the £23,000 included the 20% VAT on the buyer's premium. If it did, that would have been another £900 or so out of the seller's pocket. Phew! Who'd sell at auction? Maybe I'm back in with a chance. The MB that I'm looking at is nowhere near as tidy as the Bonham's one, nor does it have any history to speak of. The buyer's premium is "only" 15% (plus 20% VAT = £600, which will be paid by the buyer) on the first £50,000, so the winning bid on the Jeep was £20,000. As Bonhams don't show their commission rates I've no idea what the sale will have cost the seller. Quote Link to comment Share on other sites More sharing options...
Ivor Ramsden Posted December 18, 2015 Share Posted December 18, 2015 Aye, MatchFuzee, 15% buyer's commission is right. I was looking at the rate for automobilia. Oops. Maybe the seller's commission is less than 25% on vehicles too - it does seem to be a bit steep. I wonder just how much the seller took home. Quote Link to comment Share on other sites More sharing options...
MatchFuzee Posted December 19, 2015 Author Share Posted December 19, 2015 Aye, MatchFuzee, 15% buyer's commission is right. I was looking at the rate for automobilia. Oops. Maybe the seller's commission is less than 25% on vehicles too - it does seem to be a bit steep. I wonder just how much the seller took home. I've just been trying to find what the seller's commission on a car at a number of auctioneers is. Not many show the % charged but those that do are charging 5% or 10% + VAT. Quote Link to comment Share on other sites More sharing options...
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