Bidvest Burchmore's Johannesburg 6 July 2024

In today's video we are at Bidvest Buchmore's Johannesburg looking at cars on auction.

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#newcars #usedcars #usedvehicles #newvehicles

[thizzywest]

You sat there for 4hours straight just to give us this content 🔥🏳️ God bless

[xoladinhoaltice]

Please don't stop uploading this type of content 🙏🏽

[sibusisokubheka]

Shout out brother u really bought the experience to us🙏

[simamkelemadikane]

Please bear in mind that there is usually a buyer's premium added to the price, typically ranging from 5% to 12%. In some cases, this premium may be waived. Additionally, the bidding prices exclude a VAT of 15%.

For example, on a R100, 000 bid, you would need to add the buyer's premium (12% of R100, 000 = R12, 000). The VAT is then calculated on the full amount (R112, 000 + 15% = R128, 800).

Moreover, there are administrative fees to consider, such as road fees or document fees, which can conservatively be estimated at another R2, 000.

Therefore, the total cost for a R100, 000 bid would be closer to R130, 000.

It's important to understand the full costs before pursuing what seems like a good deal.

Additionally, these cars are sold "voetstoets" or "as is, " meaning there is no warranty from the seller, even if you discover major problems with the car after purchase.

[phoenixoverload]

your content is great just an advise. do your voice overs during edititing so we can hear what you are saying or put details on the screen

[HenryMcChanj]

Just commenting so the algorithm can keeps your videos on my feed 😅, great work

[allthingsluxury]

Best video ever. Keep it up brother ❤
We buy cars used to have these auctions live on YouTube

[ronwyneking]

Thankyou lucky I found your channel, I am coming home soon from overseas I was going to bring my car home, not anymore. Special Thankyou

[RESULTSofMERCY]

Bro thanks for the excellent work... please keep on giving us such videos...respect my brother

[Seedem_and_Feedem]

It was crazy with the Audi Suv that came after the Ranger, no one bid till it was R120 000 going twice the someone bid and then someone fought till it got to R163😂😢

[tlegowsa]

We need more of this content every week please I always wondered what it feels like on Auction 🤞😳

[PeakProfits]

Bro thanks for uploading this. We need more keep them coming

[kgodisomalatjie]

The additional 15% of vat and R 2500 for admin fees are a problem.

[YT-Nemisis]

These prices just seem like normal used car prices at a dealer except you are buying voetstoets..great video Kodwa Danone

[andilemaphumulo]

Bro i always see 5sec clips from people on Twitter of this, but i just watched the whole thing, much love❤❤please don't stop uploading these. New Sub from me for sure😊

[xolanikhoza]

Loving your content man and this auction content will definitely take this account higher in subscribers. You should also make a video on how to get registered for this auction and any other auction you know of so that we can go experience it ourselves too

[leratomamasela]

Auctions are now also dodgy... Why would you start high and then go lower. The original auction starts low and allows people to bid against each other until the highest offer. If you can't see the difference, it's for you...

[bonganimazibuko]

Burchmores starting bids are too high . Not enough to incentivise customers considering everything is voetstoets. R390 for the clubman is insane, that's why it never sold, that and most of the high end items

Thanks for sharing.

[ksiiix]

The mileage on these cars is insane 😂😂

[BoyceDennison]

Lovely contents you brought live auction straight to us thank you Bro fir this experience thet you shared with us, I like the comme that said you sat for four hours straight to make sure we don't miss anything Big up to you my Brother, about your comment that people will raise their card when the car is about to be confirmed as sold its either two things some buyers are jealous they raise their card just to make your pay more out of jealous yet they know yhat that they are not even gonna buy the car some on my second reason could be those people working with the auctioneers just to oush the price up.My interest was on the Audi models and volvo they went on a bargain I didn't believe i watched upto the end wow,