They are still out there!

[Tony Betts]

At the moment there are plenty of classic car auctions out there.

They are all fighting to get the same cars in to sell.

That's why many offer free entry's to sellers, but auctions have to make money same as anyone else. So the fees have to be taken from the buyer.

I attend quite a few auctions nowadays, and yes you have to harden your skin to the auctioneers banter. Cheffins for instance like to say 
, its against the law to only have one bid. So many feel a abliged to bid again. Others suggest don't let it go for a bid. Or an item is selling for half it value. It's all banter and regulars see it as good auctioneering. Toughen up and stop biding when it's to expensive.

And yes the fresh blood to the auction will push prices higher than they should be. 

If you want to work out what auction fees wilst cost you wilst you are bidding. Right your prices in the margin of your catalog.

If you are after a car valued £5,000. And the fees are 20%

Right in the margine

£3k = £3.6k
£4k = £4.8k
£5k = £6k
£6k = £7.2k
Etc etc.

Its then easier to look at say the next bid on £4,000 being £4.200 is actually £4.800 + 200 ( just over £5k).

It's easier to explain than right it down. Tony.