How a used car dealer buys at auction | The AI Car Dealership Project | Episode 5

We learn from award-winning used car dealer Jamie Caple of Car Quay how he buys cars at auction. He takes us through the shortlisting process, what margin he wants to have in cars and what he's looking for in the auction lanes.

The day gives apprentice James Baggott some ideas on how he can use the experience to train AI to buy used cars for the AI Car Dealership project's Clever Car Collection used car dealership in the future.

Join us as Jamie gives his tips on what to look for at auctions, how to price cars accordingly and why it's important to make sure you don't spend too much on them.

In this episode you'll see Jamie work his way through auction house Aston Barclay's catalogue and shortlist vehicles and then we head to the live sale to try and buy some cars.

In this video:
00:00 – Intro
00:20 – Shortlisting cars
05:58 – Heading to auction
07:38 – Why buy there?
09:01 – In the halls
11:51 – Very smelly
13:00 – Winners
14:28 – What I learned
15:22 – Next time

Stay tuned to this series as James documents every step of his journey, from humble beginnings to aspirations of owning a full-scale dealership with a forecourt and maybe even a workshop. Expect insights, challenges, and the real story of integrating AI into the heart of a used car dealership.

Subscribe to our channel for regular updates and join me in discovering how AI might just redefine the car dealership industry.

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– Weekly Car Dealer Podcast on all good podcast platforms, search for the 'Car Dealer Podcast'

Your support and feedback is very helpful! Drop your thoughts in the comments and any tips greatly appreciated... believe us, we need them.

[TheWhippinpost]

Good of Jamie to accommodate you. Great episode.

[SmallCarsDirect]

Done a screen on a Citroen like that before, was plug n play. Not so bad to do!

Great video, nice that Jamie has his own workshop to run them through, hence the willingness to take a perceived punt on someone them. Great video, keeping it real with the content, yet polished presentation!

[manjinderbassi]

I massively disagree with Auto Trader pricing I would manually check to see whether Car for that age and mileage would be pricewise. Auto Trader shouldn’t be allowed to dictate the market by giving indicators of high and low prices because each vehicle is differently, depending on condition and mileage

[iancooper]

Great video, really enjoying following your journey 👍🏻

[kerrbaillie]

A £3000 margin on a car from the auction?? In my experience anything worth having at the auction goes way over guide price...

[DRILLBABYDRIL]

Surely that X5’s rear suspension ( if broken ) would of been on the mechanical report? One of the drivers could have been playing with the hydraulics.
I agree about the “online only auction house“ comment you made. I worked for them when they stopped physical auctions during lockdown 1.
I do believe that sale they did in Nottingham was a flop. My friend still works for them as a transport class 2 driver. I asked if they are going back to physical sales, his reply was not looking promising, he’s the one that said it was a flop they hardly sold a thing

[LCOF]

Wake up people…Baggot’s back with another installment.

[robertovers]

why would anyone sell a car for less than its worth ? the only reason is because it has a problem ! all car dealers need to make a profit, car auctions allow them to trade in rubbish cars that they can shift off the lot. traders that buy from auctions and make £3, 000 profit are just crooks, they dont care about the cars or the customers just money