Holden liquidation auction

[burnz]

Originally Posted by Lynch'd

Did anyone see what any of these went for?

what went for ??

[Lynch'd]

My bad I missed ADSF6's post above. I meant what the cars sold for.

[vztrt]

I was there today, a fair few bunch of people turned up.
Didn't seem that they were saving all that much (was funny when a dealer told a guy who bought a VE SSV ute that he payed to much).
Also people buying cars for the same price you could get at a dealer if you haggle with the saleman.

[Bobman]

27k for a VZ wagon?

Someone on eBay recently could not sell his VE SS for 26k.

Apparently there were 2000 people at the auction.

Most people would have paid far too much, so it's not really worth going. There's another lot from another dealer on for next week from what I heard on 3aw.

[Buzz Box]

Well if you drive past ALOT of dealers lately you'll see they are all carrying alot less stocks the ones near us are almost empty there is only 1 dealer who Ive seen who seems to still be fully stock and that's Paterson Cheney Holden in vermont EVERYTHING in Springvale, Caulfield, Dandenong rd etc are all half empty the Nissan/Renault dealership in Oakleigh is almost empty now

[janddbone]

Can confirm that it is the Kyneton Holden Dealer... Not much left when you drive past!

[buggerlugs]

Originally Posted by FOMOCO 1

SB076 almost nailed it....
I have heard from a reliable source that Holden are allowing family & friends, friends of friends 30% off. As well as this they are signing up there own employees on 3 month leases (which registers a sale) and then selling the cars through Fowles and if they dont sell they just sit on fowles lot.
Think I am talking rubbish, drive past Fowles on the freeway and have a look more crummydores there then there are on the road.
There is no way Holden would be selling the volumes they have been without shifty business.

Hmmmm.......sounds like Walkinshaw bought out Holden to then, re Shifty Business..........

[Auslandau]

All 60 cars sold today with 70% going to the public and 30% back to trade. Apparently some fair bargains but none were give aways ..... approx 10-20% savings depending on model. 2000 people attended.

The BIG news is ....... another few truck loads of cars have arrived from the second dealer gone bust ready for the next round of sales with a simular number to go. Once cleared by the administrator, will be going also no reserve. The cars will only get cheaper. This will not be the last of them either with a few more nearing the end ...... very sad for the whole industry, Ford, Holden and every other dealer out there.



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[Smoke Pursuit]

the only cheap cars were probarly the 60th aniversary SS Sedans, those things retail close to 56 kay with the factory fitted 20 inch wheels, sunroof etc...

The SS utes werent that cheap, you can buy brand new SS utes off the lot for 33 kay, would be easier then going to auction, having to pay tomorrow and not having rego etc.

[500SEC]

I think the reason this auction came about is because GMAC and one other vehicle financier have pulled out of the Australian market (as at the end of Decmeber). Dealers who were financed by GMAC and with floor stock must therefore liquidate their stock holdings immediately. Yes it's a sign of the times, but more a sign that credit is difficult to obtain.... as opposed to a public not wanting to buy Holdens (but hey, that would be understandable, right?).

[mainyard]

whos next, thats the question now.

Not a real flash time to be in business selling luxuries....

[rodderz]

Originally Posted by TZENU

Have heard that the 30% employee family/friends discount for locally made GM products will be made available to the public? Is there any truth to that? Or is it already come into effect?

Ford are doing similar for employee pricing... 21% + $7000 further discount on some models

I hear a top name Ford dealer in the sth east Melb suburbs is in receivership too

[747jet]

Originally Posted by FOMOCO 1

SB076 almost nailed it....
I have heard from a reliable source that Holden are allowing family & friends, friends of friends 30% off. As well as this they are signing up there own employees on 3 month leases (which registers a sale) and then selling the cars through Fowles and if they dont sell they just sit on fowles lot.
Think I am talking rubbish, drive past Fowles on the freeway and have a look more crummydores there then there are on the road.
There is no way Holden would be selling the volumes they have been without shifty business.

mate you are 100% right holden registers cars and stores them in a port melbourne( qek a part of fowles ) fowles has the contrac from holden to register cars for fleet and employees and thats why holden have sold 5000 cars months and then the cars are sent to fowles for sale with very low kays

[Bobman]

There are also hundreds of new Holdens stored in Burwood and Cheltenham. Has been that way for a while.

The dealers would probably make more money selling at auctions then at a dealership considering how much average joes pay at Fowles and Pickles.

[Bossxr8]

Some of those prices are a joke. If people thought they got a bargain they are sadly mistaken. Any of those cars could have been bought for the same price if not cheaper brand new from a dealership.

Ford are selling FG utes (unsold dealer stock) for 16k, Territory TX's for 23k, FG XR6's for 26k.

[Smoke Pursuit]

Originally Posted by Bossxr8

Some of those prices are a joke. If people thought they got a bargain they are sadly mistaken. Any of those cars could have been bought for the same price if not cheaper brand new from a dealership.

Ford are selling FG utes (unsold dealer stock) for 16k, Territory TX's for 23k, FG XR6's for 26k.

Thats staff pricing.. dont fool people, plus thats plus ON road costs and delear delivery...

[Bossxr8]

Originally Posted by bfiipursuit

Thats staff pricing.. dont fool people, plus thats plus ON road costs and delear delivery...

Sorry forgot to mention thats employee pricing, wasn't trying to fool anybody. Plus onroads etc. Still damn cheap.

[stevz]

Originally Posted by ashtray

mate you are 100% right holden registers cars and stores them in a port melbourne( qek a part of fowles ) fowles has the contrac from holden to register cars for fleet and employees and thats why holden have sold 5000 cars months and then the cars are sent to fowles for sale with very low kays

Fowles has absolutely nothing to do with it. The cars sitting in the paddock actually belong to Prix Car, which adjoins Fowles. Prix Car processes and stores cars on behalf of manufacturers.