iHow the profit is worked out
The profit is based on the estimated trade value — what a dealer would pay — not the retail value. | Retail valuemedian asking price of 15 Suzuki swift 1.2 2024–2026, similar mileage | R 249 900 |
| Trade value (estimated)90% of the retail value — what a dealer would pay for a car from 2025, the book trade-to-retail ratio of comparable auction lots. The profit is worked from this. | R 224 910 |
| − | Expected priceBidvest Burchmores’s trade value — the minimum price is R 165 000 for now, and bidding usually closes nearer the trade value | R 187 600 |
| − | Buyer’s premium, fees & VATNo buyer’s premium + R 2 500 document & admin fees + R 375 VAT (15% on the premium and fees — the trade value already includes it) · Estimated: Bidvest Burchmores does not publish its buyer’s premium and fees, so typical ones are used | R 2 875 |
| − | Transport to PretoriaEstimated: about 60 km from Johannesburg — a car carrier or flatbed at about R5 a km | R 1 500 |
| − | 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 5 000 | R 3 000 |
| = | 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 27 935 |
+14,2% on the R 196 975 you put in (R 187 600 price + R 2 875 fees & VAT + R 1 500 transport + R 2 000 licence & roadworthy + R 3 000 repairs).
The repairsLow confidence
| Repair | What it is based on | Range | Used |
|---|
| Front bumper lower scuff repair and respray | Photo 1: the lower front bumper and corner look slightly scuffed or marked. This is hard to judge from one angle. | R 0 – R 3 500 | R 1 800 |
| Interior and exterior valet | Photo 1: the car is generally clean, but a prep valet is normal before sale at 139,531 km. | R 800 – R 1 500 | R 1 200 |
| Repair estimate | R 800 – R 5 000 | R 3 000 |
The front three-quarter view shows a tidy car with no obvious crash damage, only possible light marks on the lower front bumper. The estimate can't see the rear, the other side, the interior, the underside or the engine bay. It also can't check the mechanical condition, and the mileage is high for a 2025 car.
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.