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 25 000. Bidding will rise before the lot closes, and the profit will shrink with it.
| Retail valuemedian of 15 used Nissan almera 1.5 manual petrol 2021–2023 at 109 606 km | R 144 319 |
| Trade value (estimated)90% of the retail value — what a dealer would pay for a car from 2022, the book trade-to-retail ratio of comparable auction lots. The profit is worked from this. | R 129 887 |
| − | Current bidMinimum price at Bidvest Burchmores — it will rise before the lot closes, and the profit with it will shrink | R 25 000 |
| − | Buyer’s premium, fees & VAT5% buyer’s premium R 1 250 + R 2 500 document & admin fees + R 4 312 VAT (15%) · Estimated: Bidvest Burchmores does not publish its buyer’s premium and fees, so typical ones are used | R 8 062 |
| − | 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 800 – R 2 000 | R 1 400 |
| = | 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 93 425 |
+256,2% on the R 36 462 you put in (R 25 000 price + R 8 062 fees & VAT + R 2 000 licence & roadworthy + R 1 400 repairs).
The repairsLow confidence
| Repair | What it is based on | Range | Used |
|---|
| Valet and minor cosmetic touch-up | Photo 1: the front three-quarter view shows no visible damage. The car looks like normal wear for a 109,000 km private or fleet car. Allowance for a basic clean-up and small scuffs only. | R 800 – R 2 000 | R 1 400 |
| Repair estimate | R 800 – R 2 000 | R 1 400 |
The car looks straight and undamaged from the front-left angle, with no visible crash damage. Only one photo was supplied, so the rear, right side, interior, tyre condition and mechanical state cannot be assessed.
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.