Has anyone any experience of auction buyers recommended by HJ, specifically j.trim, It seems to be a good way of buying their time, experience and attendance and bag a considerable saving in the process. I\'m looking to buy a high mileage (over 100k but not that much) 528 Touring on say a 99T, straight out of a 3 year lease for £11k ish. A couple of questions really, what is the general view on wear and tear generated by big miles in a short space of time, it\'s obviously better than short journeys but surely it can\'t be without wear to the major components? is say 110k miles in 3 years going to allow up to 190k over the next 4 without major mechanical failure or no less chance and expense than buying a 50k version and going to 130k. I have a feeling that the general public obsession with sub 100k cars allows some major bargains to be had with ex lease cars having done over 100k in 3 years which is pretty easy to do with big business and private miles in 3 years. I know HJ once said that only people who put value on these cars were people planning to them a haircut! I plan to keep it for 4 years and don\'t care too much what it\'s worth after that.
Do \"quality\" cars with good specs from lease companies go to auction or do they generally get passed through the trade to established retailers or their own outlets (eg fleetlease and autopoint).
I\'ve noticed that the figures that HJ quotes as glass\'s figures at auction are very similar to the part ex figures available from glasses via the telegraph and carsource.co.uk.
Any help/advice much appreciated.
Thanks, Ian
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It might not be a bad idea to go straight to www.greattradecentre.co.uk which currently boasts a stock of 4,200 cars and will probably have what you want for no more than you\'ll end up paying via the auction price 6% route.
HJ
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Dunno why, but the link to great trade centre doesn\'t work. Bast use a link elsewhere in the site.
HJ
(it does now, I fixed it. M.)
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Thanks for the advice HJ but doesn't the GTC buy most of it cars from auction and therefore make more than the 6% on each one. e.g they've got a 528 Touring on a 98 r with 105k for £11.7k which guestimating from glasses would have cost them less than 10k. I guess a lot of it comes down to choice and availabilty they offer. What about the other comments on reliability of short term big mileage?
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That's right, GTC has buyers working most fleet auctions as well as dealing with fleets direct. It sweeps up a significant proportion of the value cars available. It will sometimes load its margin on a car if it needs to build in a cushion in case of trouble. But the fact is you can go there and see 4,200 cars. You can't do that at any auction.
HJ
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Link to GTC should be www.greattradecentre.co.uk Thanks to Philip King for pointing out how I slipped up.
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Try
www.gtccar.co.uk
\"You are only jealous because you can\'t hear the voices\"
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