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 4 Ford ranger 2.2tdci 2013–2015, similar mileage | R 219 700 |
| Trade value (estimated)86% of the retail value — what a dealer would pay for a car from 2014, the book trade-to-retail ratio of comparable auction lots. The profit is worked from this. | R 188 942 |
| − | Expected priceBidvest Burchmores’s trade value — the minimum price is R 80 000 for now, and bidding usually closes nearer the trade value | R 156 800 |
| − | 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 Germiston — 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 2 500 | R 1 600 |
| = | 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 24 167 |
+14,7% on the R 164 775 you put in (R 156 800 price + R 2 875 fees & VAT + R 1 500 transport + R 2 000 licence & roadworthy + R 1 600 repairs).
The repairsLow confidence
| Repair | What it is based on | Range | Used |
|---|
| Valet and minor cosmetic touch-up | Photo 1: the front right of the bakkie looks clean and undamaged. The tyres show some wear and there are light scuffs on the lower bumper. This allowance covers a basic clean and small touch-ups, based on 186,000 km of use. | R 800 – R 2 500 | R 1 600 |
| Repair estimate | R 800 – R 2 500 | R 1 600 |
The one photo shows only the front and right side of a white Ranger single cab. It looks straight, with no visible crash damage. The estimate cannot see the left side, rear, load bin, interior, tyre tread depth or underside. No mechanical notes were supplied, so none are 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.