Bidding on 15 Cars on Copart, British Car Auctions and Manheim

No video

Bidding on 15 Cars on Copart, British Car Auctions and Manheim - WINS?

Рет қаралды 18,237

Chops Garage

Күн бұрын

I show you how to select and bid on cars on all the major Car Auction Sites. WHAT DO I WIN?

Пікірлер: 68

@gamazon2441 3 жыл бұрын

You are a star mate, you are entertaining along educating keep up the good work.

@ChopsGarage 3 жыл бұрын

Thank you! So kind!

@cagmito76 2 жыл бұрын

This was my experience with these site , works out a price you can max go to get out bid on most of them win 1 in 20 , lots of work for no outcome. load of fees as well.

@benevans3733 3 жыл бұрын

Hi James really enjoyed this video and it’s brilliant as always and glad to see you getting more subscribers that’s great news for you

@ChopsGarage 3 жыл бұрын

Thanks 👍

@gggggggg3542 2 жыл бұрын

First thing you should know about BCA is, they ARE "We buy any car"........ this is where they make most of their profits, by buying cars cheaply from desperate sellers and then putting a big reserve on them before hitting the auctions. So if you want to increase your money, just take your car to auction and sell it, cut out their massive profits. How do I know? my sister sold her 17 plate Clio diesel to we buy any car, it appeared at auction and was sold to a dealer, my sister got 7650 for it, it was sold for 8900 at auction (so £1250 profit) and the dealer that bought it had it on their sales floor for £10450.......... she should have either sold it herself at auction, or sold it privately.................. she would have got more money on ebay!!!!!

@eddiejackson4470 3 жыл бұрын

Hi James good content as usual just a bit of advice with the manheim auction don't know how familiar you are with it but saves you looking through the entire catalogue there's a little search bar search the car make and model and if you scroll down it asks for car checks if you click sure check gold and silver it will identify any mechanical problems the cars might have hope this might help you

@ChopsGarage 3 жыл бұрын

Thanks Eddie, I'm new to Manheim so that helps alot!

@paulwright9656 3 жыл бұрын

You're videos are great and always informative. I used to deal in cars myself, and living in Somerset, the auctions I bought out of were Bridgwater, Bristol and Dursley predominantly, and on occasion Blackbush, although Bridgwater was always the least successful. It's obviously a lot different nowadays with online bidding but when I was doing it, it often ended up costing me money a week when nothing could be bought, fuel costs etc were taken into account and the auction fees became quite ridiculous, especially when the trade accounts changed and you had to buy a certain amount of cars to qualify for them. I moved into car sourcing for individual and selective clients and it was much less stressful as it was selecting the best version of one car for one person and you knew it was sold before you bought it, for how much and how much profit you would make!

@ChopsGarage 3 жыл бұрын

Hi Paul, yes Bridgwater stuff seems to be poorer quality and more expensive than Blackbush. Interesting with the sourcing, is it not a risk they do not bu the car you source?

@paulwright9656 3 жыл бұрын

Nothing has changed at Bridgwater then. It is a risk but if it's someone new and I got the feeling they weren't serious I would ask for a decent deposit to secure my time, and at the end of the day, I still felt it was less risk than buying numerous cars in the hope you'd bought the right thing to sell just to have them sat around unsold. I was very much like you in that I wanted a quick profit and turnaround but you can cause over supply in the area which you don't know until something sticks. For instance, I had loads of Mk3 Fiestas and all flew out the door as soon as advertised, but 10 or 12 in you'd suddenly find they wouldn't sell because you had supplied everyone within a certain distance that was looking. Same with everything from Cavaliers, Sierras, Mondeos, the lot. Metros were a surprisingly good trade for a while as they were always dirt cheap and always had rusty back arches. I'd but everything I could get my hands on, have someone weld in new arches and paint them, suddenly they were immaculate and they sold straight away under £2k, until they didn't.I Also like you, I was handy with a rattle can having served part of an apprenticeship in a body shop, so tidying stuff up on the cheap was pretty straightforward, it's just that back then you'd have to take the car to the motor factors, park outside, run in and grab some aerosol lids and try and find the best match, whereas now you can have the exact paint mixed for you. Funnily enough I was looking last week to replace one of our cars with an old Merc estate and one came up that needed some paint on a sill cover, bumper corners and a dent in the tailgate, and if the bloke had answered his phone I was actually looking forward to getting stuck into it after all these years away just to see if I still had it, but sadly I ended up with one that needs nothing more than a good clean. It may have sparked something though when C***d eventually goes!

@RK-ep8qy 2 жыл бұрын

ahh that's quite disappointing about bristol

@markbowden7847 3 жыл бұрын

Great vid James. I really enjoyed and learnt a lot. Thanks.

@ChopsGarage 3 жыл бұрын

I'm glad Mark, many thanks for watching!

@SalimKhan-gk1fh 3 жыл бұрын

Bca prior to covid was the best place to buy, live sales cars driven into halls ,certainly not cheap but I used to always buy a car with £600 profit, after sorting out minor repair & issues that is . Buying blind online has been an absolute waste of time and money, a total nightmare Last 3 cars were total ‘wrong Uns‘ I’m done with buying till normality returns

@ChopsGarage 3 жыл бұрын

I never actually got to a live auction at BCA yet

@beerlodge5153 3 жыл бұрын

Some great advice in that content. Definately the voice of experience speaking there!!

@ChopsGarage 3 жыл бұрын

Many thanks for watching as always!

@marksmith3469 3 жыл бұрын

Some good advice there james just had my covid jab today so my arm hurts a bit so just sat down and watched this great content

@ChopsGarage 3 жыл бұрын

Thanks Mark!

@benevans3733 3 жыл бұрын

Really enjoyed seeing this side of the business

@ChopsGarage 3 жыл бұрын

Cheers Ben

@robertconnors2343 3 жыл бұрын

Well done, great video as always

@ChopsGarage 3 жыл бұрын

Thanks Robert!

@andrewmcdonald6513 3 жыл бұрын

Picanto looked like a good buy (even with the astronomical fees!) - should do ok with it. Great channel & really enjoy your videos 👍

@ChopsGarage 3 жыл бұрын

Thanks Andrew, appreciated!

@alancampbell1008 3 жыл бұрын

Clean and see if you can knock that dent out, rattle can it and see how quick you can get it away. Congratulations on getting your first 1k subs!

@ChopsGarage 3 жыл бұрын

Thanks Alan!

@84hoover 3 жыл бұрын

james just about to start out flipping cars love all of your videos very informative

@ChopsGarage 3 жыл бұрын

Many thanks! Hope I can help

@SalvageMasterEssex 3 жыл бұрын

If you're gonna buy cars from Copart you'd probably make more profit flipping burgers in McDonalds on minimum wage :-)

@ChopsGarage 3 жыл бұрын

@@SalvageMasterEssex lol!! you defo need to make the right choices. I have made good money on my cars but you need to know what you are doing

@martinnee2176 3 жыл бұрын

Hi James that was great that youShowed us about the car auctions How do I how do I go about getting an account at the auction and all the fees quite high also would you have an Alfa spider for sale

@ChopsGarage 3 жыл бұрын

No Spiders for sale I'm afraid. You can go to their relevant websites to apply for an account.

@mini_special 3 жыл бұрын

Really nice video! Do you do the same process on Gumtree?

@ChopsGarage 3 жыл бұрын

No don't use Gumtree

@christopherdavies5762 3 жыл бұрын

Hi I have just found your channel Thanks for the content

@ChopsGarage 3 жыл бұрын

Thanks really appreciate you watching!

@benevans3733 3 жыл бұрын

Hi James hope you are staying safe and well and that you had a good brithday the other day

@ChopsGarage 3 жыл бұрын

Thank you Ben, I did thanks, all the best to you and yours

@adrianrangu8770 3 жыл бұрын

It's ridiculous how expensive these auctions are, now I'm kinda thinking is it even worth starting this as a side hustle

@ChopsGarage 3 жыл бұрын

If you are doing as side hustle buy private from Facebook market place mate

@maxbarras2721 3 жыл бұрын

Great videos. I was woundering what things are required to get a motor traiding licence and also traiding insurance ? Cheers mate

@ChopsGarage 3 жыл бұрын

No licence to trade motors, trade insurance can be got as sole trader or limited company pretty easily.

@maxbarras2721 3 жыл бұрын

@@ChopsGarage is it right if not having licence to trade motors then have to get every car in your name (V5) and also paying road tax on them?

@ChopsGarage 3 жыл бұрын

@@maxbarras2721 ah you are talking about trade plates. Trade plates allow you to not have to tax them all

@hightech2904 2 жыл бұрын

how you sell copart cars without v5 do you apply and wait or sell without it

@leeruston5055 3 жыл бұрын

Hi just wondered if you no who does reasonable car trade insurance used to do a bit years ago thinking of having a little go again cheers

@ChopsGarage 3 жыл бұрын

Can't really recommend anyone I used comparison site and got bombarded with calls

@leeruston5055 3 жыл бұрын

@@ChopsGarage I know mate my brothers hade one for years but kept going up to stupid money never ever claimed on in 15 years but cheers mate and wish you well

@yvonfem 3 жыл бұрын

Auctions are robbers with the fees glad I got out of the game when I did use to be just 1 indemnity £50 per car on top of final price

@ChopsGarage 3 жыл бұрын

They are the winners in ever deal

@whitekoala4172 3 жыл бұрын

So just bid accordingly, I don’t get these comments tbh

@kopbox6431 3 жыл бұрын

How do you open the accounts I'm not a business just want a cheap motor

@ChopsGarage 3 жыл бұрын

You need business proofs and trade insurance

@benevans3733 3 жыл бұрын

How long have you been in the car trade then

@ChopsGarage 3 жыл бұрын

About 18mths

@markbowden7847 3 жыл бұрын

What did you do before?

@harrynewbrook5103 3 жыл бұрын

Hi James,those copart fee,s are a joke also the images never tell the true story,total rip off merchants.

@ChopsGarage 3 жыл бұрын

Cheeky as F aren't they with the fees

@marekmerchelski1014 3 жыл бұрын

they are

@SalimKhan-gk1fh 3 жыл бұрын

U spot on there Harry !!

@HamzaAli-me6po 3 жыл бұрын

Been in the car retail for 16 years. How you pay them prices and make money!? Is beyond me. The first car you bid should of been Cap below. Which is 800ish no more. Thank fully we dont buy from auctions. Main agent direct.🙏

@ChopsGarage 3 жыл бұрын

It's tight for sure! I do all the work myself. Do you mean you take px's from main agent?

@HamzaAli-me6po 3 жыл бұрын

@@ChopsGarage I have been dealing Direct with the finance houses and Main agents for years, although alot are tied in auctions. Thank fully we still have about 10 strong contracts. If you need stock. Feel free to drop me a email, walsallcarsales@ hotmail.com We do supply out stock to the trade only strictly. Fao: Adam.👍

@ChopsGarage 3 жыл бұрын

@@HamzaAli-me6po Thats awesome, thanks, I'll bung you and email