CITROEN BX 1.9 TRS 70k bca car auctions preston

[Defender110]

[, the more the prices of BX rise then the better it is all round for the rest of us.

Not sure I agree with this Tim, from past experience rising classic car prices can sometimes take them out of the reach of genuine enthusiasts and into the hands of speculators and high priced dealers. Like Mark I bought mine as I like them not to make money out of them, I also like not keeping up with the Jones and driving in an unpretencious way rather than in an expensive classic car. Give me cheap banger prices over expensive classic prices every day of the week!

[Citroening]

I dont think so Mark, at the end of the day he has a living to make and mouths to feed probably, if he bought it for £400? and sells it for say £1800 then good luck to him for spotting a nice car (most traders wouldnt even think twice trust me) and taking a "punt" (he may end up with it on his forecourt for 6 months though), the more the prices of BX rise then the better it is all round for the rest of us.

I've no problem with someone making a profit - honest commerce makes the world go round. If he'd bought it for 400 quid, spent a few hundred quid more getting it really tidy, he could legitimately have asked 1800 quid, made an honest profit, sold a lovely car - and everybody's happy. With honest commerce everyone benefits, selfishly trying to make a quick buck - no-one benefits in the end.

Well said Tim, and Paul.

To the people that seem to have an aversion to the owner of this BX and him making a profit - where do you buy your food from?

Reason for asking is that all supermarkets earn a profit from their food sales (obviously...), so if you're so against profit where do you get your food from?

.

[Dollywobbler]

[, the more the prices of BX rise then the better it is all round for the rest of us.

Not sure I agree with this Tim, from past experience rising classic car prices can sometimes take them out of the reach of genuine enthusiasts and into the hands of speculators and high priced dealers. Like Mark I bought mine as I like them not to make money out of them, I also like not keeping up with the Jones and driving in an unpretencious way rather than in an expensive classic car. Give me cheap banger prices over expensive classic prices every day of the week!

Happily I think we're a long way from seeing BX prices get into speculator/high-end dealer levels. The plus side of higher values is that less cars are scrapped, because restoration becomes at least slightly viable. Someone might spend £2k saving a BX if it's worth £1000-2000 afterwards, but there's no way they're going to do that if it's only worth £500.

I reckon us all clicking the link made this dealer think he'd got some sort of prized specimen as so many people seemed interested in it, followed up by someone going for a nice look at it. Sadly I think the high price will take it out of the market for nearly everyone. People buying the best want a comprehensive, enthusiast-funded service history - and indicators that are actually complete!

[MULLEY]

If some major refurbishment has been done that increases its value then fair enough the price goes up. Its not worth £2k as all the dealer has done is polish it, this is plain profiteering, even at £995 he's probably more than doubled what he paid for it & at £2k its a rip off imho.....

[Tim Leech]

Profiteering makes the world go round Mulley, if he sells it for £2k then more fool the buyer! The days of buying nice bx's for a few hundred quid are in the past.

[MULLEY]

He won't sell it for £2k as no one really wants a 19 petrol carb Auto these day's.....@ £995 it had half a chance, but no chance at its current price. Even if someone paid £2k for it, they would never sell it on for that. Profiteering doesn't make the world go round, it just makes some people wealthier than others. A fair profit then yes, but over 4 times, no thanks, thats how the worlds financial institutions fxxed up, greed is bad.

[Citroening]

If some major refurbishment has been done that increases its value then fair enough the price goes up. Its not worth £2k as all the dealer has done is polish it, this is plain profiteering, even at £995 he's probably more than doubled what he paid for it & at £2k its a rip off imho.....

Can I refer back to my previous post, Mulley...

To the people that seem to have an aversion to the owner of this BX and him making a profit - where do you buy your food from?

Reason for asking is that all supermarkets earn a profit from their food sales (obviously...), so if you're so against profit where do you get your food from?

.

[Tim Leech]

Remember 20% of what he makes will go straight to the tax man, so making a couple of hundred quid wont pay the wages I'm afraid, hence why we trade out older cars as there's just no money in it.

I really don't see the problem, who says that no one wants a 19 petrol auto? A few years ago when WTF was for sale and I bought it the then owner could hardly give it away as it wasn't a diesel or a 16v so no forum members we're interested, 5 years later I sold it for 8 times my initial purchase price, good Bx's (That 19 txd estate is a good example of what not to buy) are so few that if you expect to wait for your perfect model to show eventually for banger money you will be disappointed as there just not out there.

I for one hope it sells for good money to a caring owner, if they are prepared to give £2000 for it then then are likely to look after it and be a enthusiast.

[MULLEY]

If some major refurbishment has been done that increases its value then fair enough the price goes up. Its not worth £2k as all the dealer has done is polish it, this is plain profiteering, even at £995 he's probably more than doubled what he paid for it & at £2k its a rip off imho.....

Can I refer back to my previous post, Mulley...

To the people that seem to have an aversion to the owner of this BX and him making a profit - where do you buy your food from?

Reason for asking is that all supermarkets earn a profit from their food sales (obviously...), so if you're so against profit where do you get your food from?

.

I've got limited choice in where i buy food from, i guess if i was rich enough & owned land then i could literally be self sustaining. Making 1000% profit on a low price item is far less greedy than making 4 times on something that is expensive. Its what the item costs to the purchaser that determines greed. Matches are a prime example of costing next to nothing to produce on a mass scale & the purchaser doesn't mind paying 20p (i don't smoke so don't actually know how much they cost) as its only 20p. Would you pay £2k for some matches, i wouldn't as it would clearly be greed due to the high price regardless of how much of a % markup it actually is.

In the case of this BX a business has purchased it to make a profit which in itself is fine, but how much did they actually purchase the car for? Not much i'm guessing, so a fair profit would have been made on the car for sale at £995, no work will have been done on the car so then to just polish it up & then sell it on for £2k is GREED.

[Tim Leech]

I think it's best to agree to disagree on this one.

[Sweet 16 (valve)]

Imho at £995 it had a small trader mark-up for having done nothing to it and was a fair price. Same product, different market-place. But after a polish it is now worth £2k? Well, if it was a 16v it might be but I think he will struggle to see £1500 out of it. It will be an interesting one to watch. He took a punt, is trying a high price to see if he gets a 'mug punter' but if they don't come along then the price will drop. My bet is it will do its time as a classified ad, no-one will buy and the next time it's advertised will be at £1795, the £1500 etc.

Time will tell.

Nice colour though....

[Dollywobbler]

It is bloody lazy. If you're going to ask top money for a BX, at least sort out cheap cosmetics like the indicator! I don't like profiteering from car sales, but it might just be jealousy because I can't do it...

[Citroening]

Would you pay £2k for some matches, i wouldn't as it would clearly be greed due to the high price regardless of how much of a % markup it is

I must admit that if I really wanted/needed a box of matches (say, on an island needing to send smoke signals with no sticks to make fire) then I'd snap their arm off. Wouldn't you...

Its a bit like this BX... If somene really wants it they will pay for it - prime example is Tims Blue BX 16 "WTF" - the buyer wanted it so he bought it!

At the end of the day the guy that's got it was the only one with the bottle and gumption to put his hand in his pocket and buy it - he can ask what he wants for it.

Another way of looking at it is if he was given the car for free and advertised it for £295, would you not buy it? Because he would still be "profiteering"...

[MULLEY]

We'll agree to disagree on the profiteering angle.

[saintjamesy89]

I think it all about perspective. If you buy a car very cheaply and only polish it and take some decent photo's, then add a grand on top of it's worth on the selling price - that is greedy, and on the flipside it won't sell. However if you put effort into a car, do the jobs it needs to make it A1 and then sell it for a grand more (which is now what that TRS may be worth), then I think that's perfectly justifiable, and commendable even.

Most of us here can do bits and bobs on cars ourselves, others are really quite technically gifted, so if we can raise the image of the BX by selling very good examples, rather than the usual tatty and/or tired £300 quid example, then all the better. But there will always be a cheap tatty BX to be bought, so we are not pricing ourselves out of BX's or making them speculator or wealthy owner only category, that is, at least for the near future.

Another thing to note, is that most (dis-including us, and anoraks all) don't know the value of a BX, if you're a trader with no knowledge of a car or it's value, and you're selling it, if you receive a big interest you may increase the value of the car to yourself, whether you reflect that in increasing the selling price or just be less open to haggling is a personal decision. I'd be inclined to remove it from sale, improve it and up the price in a sensible manner.

Just my two pennies worth. I do think he is being rather optimistic with the £1005 hike in price. As others have said, 2k is top top money for a BX, so you naturally expect said BX to be near perfect.