← All vehiclesLots are read from the auction houses’ own listings and change quickly — confirm every detail, fee and condition with the auction house before you bid. Retail values are estimates from asking prices of comparable cars for sale; repair estimates are an AI model’s reading of the photos and notes, not an inspection.
Ends Mon, 19 Oct · 14:00 · GoBid · Live auction
2015 FORD RANGER 2.2TDCi XLS 4X4 P/U S/C
GoBid East London, Eastern CapeCurrent bidBIDR 10 000The profit is worked from this bid
Retail value (15 comparable)R 138 000
Trade value (est.)R 118 680
'Profit at trade value (est.)'+R 80 141 (+207,9%)
GoBid’s details
- Code
- Code 2
- Mileage
- 294803
- Key
- Yes
- Source
- Repossessed
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 10 000. Bidding will rise before the lot closes, and the profit will shrink with it.
| Retail valuemedian of 15 used Ford ranger 2.2 single cab diesel 2014–2016 | R 138 000 | |
| Trade value (estimated)86% of the retail value — what a dealer would pay for a car from 2015, the book trade-to-retail ratio of comparable auction lots. The profit is worked from this. | R 118 680 | |
| − | Current bidCurrent bid at GoBid — it will rise before the lot closes, and the profit with it will shrink | R 10 000 |
| − | Buyer’s premium, fees & VAT5% buyer’s premium R 500 + R 3 360 document & admin fees + R 2 079 VAT (15%) | R 5 939 |
| − | Transport to PretoriaEstimated: a flat R 1 500 to get the car from GoBid East London to Pretoria | R 1 500 |
| − | Licence, registration & roadworthyA Code 2’s police clearance, roadworthy and re-registration are in the repair estimate below | in repairs |
| − | Repair estimateClaude, from 9 of 32 photos and the auction house’s notes · range R 13 800 – R 28 500 | R 21 100 |
| = | 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 80 141 |
+207,9% on the R 38 539 you put in (R 10 000 price + R 5 939 fees & VAT + R 1 500 transport + R 21 100 repairs).
The repairsMedium confidence
| Repair | What it is based on | Range | Used |
|---|---|---|---|
| Refit rear axle half-shaft, hub and brake components on the left rear (stripped or missing), with brake line and bleed | Photo 9: the rear axle end is exposed with the shaft and hub lying loose and brake lines hanging. Photo 2: the left rear wheel looks flat or off the hub. | R 3 500 – R 9 000 | R 6 200 |
| Rear tyre and rim for the left rear wheel | Photo 2: the left rear wheel appears flat or without a proper tyre, and the other wheels show wear | R 1 800 – R 4 500 | R 3 200 |
| Replace worn tyres where needed (the other three wheels) | Photos 2 and 4: tyres on a 294,000 km repossessed bakkie look tired | R 2 500 – R 6 000 | R 4 200 |
| Interior valet and gear lever surround or boot repair | Photo 5: dirty cabin and floor, with the gear lever area exposed or untidy | R 1 000 – R 2 500 | R 1 800 |
| Front bumper and body touch-up (minor scuffs and chips) | Photos 1 and 8: light wear on the front bumper and lower valance | R 1 500 – R 3 000 | R 2 200 |
| Code 2 re-registration | Fixed: SAPS police clearance, roadworthy test and re-registration | R 3 500 | R 3 500 |
| Repair estimate | R 13 800 – R 28 500 | R 21 100 | |
Repossessed single-cab Ranger with no visible crash damage and a clean engine bay. The main defect is an apparently stripped or loose left rear axle, hub and brake assembly, with a flat or missing wheel. The estimate cannot see the engine or gearbox running condition, the full state of the axle, or the underbody beyond the one photo.
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.
The vehicle
- Make
- Ford
- Year
- 2015
- Mileage
- 294 803 km
- Salvage code
- Code 2
The sale
- Auction house
- GoBid
- Sale
- Live auction
- When
- Ends Mon, 19 Oct · 14:00
- Where
- GoBid East London
- Current bid
- R 10 000
- House retail value
- R 227 400