iHow the profit is worked out
The profit is based on the estimated trade value — what a dealer would pay — not the retail value.BIDThis profit is based on the current bid of R 60 000. Bidding will rise before the lot closes, and the profit will shrink with it.
| Retail valuemedian of 15 used BMW x5 auto diesel 2012–2014 at 196 573 km | R 275 299 |
| Trade value (estimated)86% of the retail value — what a dealer would pay for a car from 2013, the book trade-to-retail ratio of comparable auction lots. The profit is worked from this. | R 236 757 |
| − | Current bidMinimum price at Bidvest Burchmores — it will rise before the lot closes, and the profit with it will shrink | R 60 000 |
| − | Buyer’s premium, fees & VATNo buyer’s premium + R 2 500 document & admin fees + R 9 375 VAT (15%) · Estimated: Bidvest Burchmores does not publish its buyer’s premium and fees, so typical ones are used | R 11 875 |
| − | Licence, registration & roadworthyEstimated: licence and registration in your name, and a roadworthy test | R 2 000 |
| − | Repair estimateClaude, from 1 of 1 photos and the auction house’s notes · range R 5 300 – R 12 000 | R 8 800 |
| = | Profit at the estimated trade valueThe trade value less everything above — the price, fees, VAT and on-road costs and the repairs. Not the retail value: a dealer pays trade. | +R 154 082 |
+186,4% on the R 82 675 you put in (R 60 000 price + R 11 875 fees & VAT + R 2 000 licence & roadworthy + R 8 800 repairs).
The repairsLow confidence
| Repair | What it is based on | Range | Used |
|---|
| Replace the steel spare wheel on the front left with a proper alloy rim and tyre | Photo 1: the front left wheel is a black steel space-saver spare, not an M-Sport alloy | R 3 500 – R 8 000 | R 5 800 |
| Minor bumper scuff repair and polish | Photo 1: the front bumper looks mostly clean, with possible light marks on the lower edge | R 1 000 – R 2 500 | R 1 800 |
| Interior valet | Photo 1: general presentation before sale, though the interior is barely visible | R 800 – R 1 500 | R 1 200 |
| Repair estimate | R 5 300 – R 12 000 | R 8 800 |
The car looks to be in fair cosmetic condition from the front left, with no visible crash damage. The estimate cannot see the other sides, the interior, the engine bay or the mechanical condition, and the notes give no mechanical faults.
Each repair’s “used” figure is the middle of its range. Fees, transport and licensing are in the box above, not here. An AI model’s reading of photos is not an inspection — view the car before you bid.