Two very early 1923 for sale

[Tony Betts]

cant falt him,

he turned out and bought it.

although seeing his other vehicles he has for sale,  im surprised he is scrapeing the barrel with a £10k profit austin 7.

tony

Imagine how the seller is feeling now, as he will be lucky to net £11k

hi edgar,

the vendor offered me the 1923 last year for £30k. with his ill helth, i dont think the money for money sake is the problem.
the value on the car represents its a lovely car worth a lovely price.

i think he will be more upset, that bidders though so little of his car.

tony

What amaze me is that they must have not been a reserve price or a very very low reserve price. Looking at the estimate price quoted by Bonhams it was I thing between £20,000 and £30.000 so anyone would had assumed that the reserve would had been around the 20K plus adding the Bonhams fees it has put Austin7 people off from attending. I presume they would had to pay the fees of a catalogue just to bid.

totally agree,

it all depends of what bonhams agreed with the vendor.

when i say ill helth, i dont just mean a cold, i take it there were charges to get the car to auction. and I QUESS with uplift fees over £300 storage fees, and recovery to owner fees. i take it the vendor put a no resurve on the car. instead of risking all these fees to get the car back.

bonhams can be tempting to sellers, because you often see large prices on there car sales. however if you are selling, you need to consider every fee they charge. 

people fall for a simular thing with bangers and cash, in the hope to be on the telly.

tony