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Free sample — this is what members see on every lot.The retail value, the comparable cars, the repairs and the profit at the estimated trade value. R300 a month for all of them.
Sale Thu, 22 Oct · 10:30 · Bidvest Burchmores · Live auction

2022 VOLKSWAGEN POLO VIVO 1.4 COMFORTLINE (5DR)

Durban, KwaZulu-Natal
Minimum priceR 50 000The profit is worked from this bid
Retail value (15 comparable)R 173 169
Trade value (est.)R 155 852
'Profit at trade value (est.)'+R 93 477 (+149,9%)
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 50 000. Bidding will rise before the lot closes, and the profit will shrink with it.
Retail valuemedian of 15 used Volkswagen polo vivo 1.4 manual petrol 2021–2023 at 149 413 kmR 173 169
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 155 852
−Current bidMinimum price at Bidvest Burchmores — it will rise before the lot closes, and the profit with it will shrinkR 50 000
−Buyer’s premium, fees & VATNo buyer’s premium + R 2 500 document & admin fees + R 7 875 VAT (15%) · Estimated: Bidvest Burchmores does not publish its buyer’s premium and fees, so typical ones are usedR 10 375
−Licence, registration & roadworthyEstimated: licence and registration in your name, and a roadworthy testR 2 000
−Repair estimateClaude, from 1 of 1 photos and the auction house’s notes · range R 0 – R 0R 0
=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 93 477
+149,9% on the R 62 375 you put in (R 50 000 price + R 10 375 fees & VAT + R 2 000 licence & roadworthy + R 0 repairs).
The repairsLow confidence
Nothing to repair could be seen.
Only a single front three-quarter photo is available, and it shows a straight, tidy Polo Vivo with no visible body or glass damage; no auction notes on mechanical condition were supplied, so the engine, gearbox, tyres, interior and underside are unseen and nothing can be costed for them.
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
Volkswagen
Year
2022
Mileage
149 413 km
Transmission
Manual
Fuel
Petrol
Body
Hatchback

The sale

Auction house
Bidvest Burchmores
Sale
Live auction
When
Sale Thu, 22 Oct · 10:30
Where
Durban
House trade value
R 183 400
House retail value
R 200 700

Retail value

No comparable cars for sale were found for this lot.
Lots 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.