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 31 000. Bidding will rise before the lot closes, and the profit will shrink with it.
| Retail valuemedian of 15 used Volkswagen tiguan 2.0 auto diesel 2012–2014 at 256 977 km | R 119 916 |
| 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 103 128 |
| − | Current bidMinimum price at Bidvest Burchmores — it will rise before the lot closes, and the profit with it will shrink | R 31 000 |
| − | Buyer’s premium, fees & VATNo buyer’s premium + R 2 500 document & admin fees + R 5 025 VAT (15%) · Estimated: Bidvest Burchmores does not publish its buyer’s premium and fees, so typical ones are used | R 7 525 |
| − | 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 2 300 – R 5 000 | R 3 700 |
| = | 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 58 903 |
+133,2% on the R 44 225 you put in (R 31 000 price + R 7 525 fees & VAT + R 2 000 licence & roadworthy + R 3 700 repairs).
The repairsLow confidence
| Repair | What it is based on | Range | Used |
|---|
| Repair and respray front bumper lower edge | Photo 1: scuffing and a small chip on the lower front bumper edge, near the left of the number plate | R 1 500 – R 3 500 | R 2 500 |
| Interior valet and general detail | Photo 1: 256,977 km, so general wear is likely. The interior is not visible. | R 800 – R 1 500 | R 1 200 |
| Repair estimate | R 2 300 – R 5 000 | R 3 700 |
The photo shows a silver Tiguan with only minor scuffing on the lower front bumper and no other visible damage. Only one front three-quarter view was provided. The rear, right side, interior, tyres, underbody and mechanical condition cannot be assessed, and no notes were given.
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.