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 5 000. Bidding will rise before the lot closes, and the profit will shrink with it.
| Retail valuemedian of 15 used Renault kwid 1.0 2021–2023 at 71 577 km | R 139 661 |
| 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 125 695 |
| − | Current bidStarting price at Aucor — it will rise before the lot closes, and the profit with it will shrink | R 5 000 |
| − | Buyer’s premium, fees & VAT10% buyer’s premium R 500 + R 2 500 document & admin fees + R 1 200 VAT (15%) · Estimated: Aucor does not publish its buyer’s premium and fees, so typical ones are used | R 4 200 |
| − | 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 8 500 – R 16 300 | R 12 300 |
| = | 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 102 195 |
+434,9% on the R 23 500 you put in (R 5 000 price + R 4 200 fees & VAT + R 2 000 licence & roadworthy + R 12 300 repairs).
The repairsLow confidence
| Repair | What it is based on | Range | Used |
|---|
| Replace windscreen | Notes: windscreen cracked. The crack is not clearly visible in photo 1 because of glare. | R 2 500 – R 4 500 | R 3 500 |
| Replace all four tyres | Notes: all tyres 50% worn. Photo 1 shows the left-side tyres on alloy rims, with no obvious damage. | R 3 600 – R 6 400 | R 5 000 |
| Repair minor dents and scratches, spot repair and polish | Notes: minor dents and scratches. Photo 1 shows the white body looking fairly clean, with no major panel damage on the visible left-front side. | R 2 000 – R 4 500 | R 3 200 |
| Replace missing jack and wheel spanner | Notes: no jack, no tools. | R 400 – R 900 | R 600 |
| Repair estimate | R 8 500 – R 16 300 | R 12 300 |
The notes and the single front-left photo show a clean, roadworthy-looking Kwid that needs a windscreen, tyres, minor body tidy-up and a jack and tools. The estimate cannot see the right side, rear, interior or underside, and it cannot see the windscreen crack, so any damage there is not priced.
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.