Originally Posted by Volvos60s60
Originally Posted by TBM
Originally Posted by Volvos60s60
Sold at £56250 + buyer's premium at 12% + vat = £64350. What were RTCC doing letting that S1 go for less than £40000 last week?


Sold for £50k, the £56250 included buyers premium. Have put an auction link up on another thread.


TBM, thank you for pointing this out


For some reason the auction results are including the 12.5% buyers premium excluding the VAT on the buyers premium so the buyers full price would have been £57,500 of which the seller would only have received £45,200. I would say buyer paid fair market value for auction but at a dealer at this price or possibly more like £59,000 with benefit of having a test drive and warrenty. Seller was the biggest loser here but some people have deeper pockets than others and don't want hassle.


AnDrew G
2003 Aero S1
2009 Aeromax - past