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 19 000. Bidding will rise before the lot closes, and the profit will shrink with it.
| Retail valuemedian of 7 used Land Rover discovery auto diesel 2006–2008 at 280 286 km | R 108 425 |
| Trade value (estimated)86% of the retail value — what a dealer would pay for a car from 2007, the book trade-to-retail ratio of comparable auction lots. The profit is worked from this. | R 93 246 |
| − | Current bidCurrent bid at GoBid — it will rise before the lot closes, and the profit with it will shrink | R 19 000 |
| − | Buyer’s premium, fees & VAT5% buyer’s premium R 950 + R 3 360 document & admin fees + R 3 496 VAT (15%) | R 7 806 |
| − | Transport to PretoriaEstimated: a flat R 1 500 to get the car from GoBid Cape Town (Wimbledon) to Pretoria | R 1 500 |
| − | Licence, registration & roadworthyA Code 2’s police clearance, roadworthy and re-registration are in the repair estimate below | in repairs |
| − | Repair estimateClaude, from 9 of 30 photos and the auction house’s notes · range R 3 500 – R 3 500 | R 3 500 |
| = | 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 61 440 |
+193,2% on the R 31 806 you put in (R 19 000 price + R 7 806 fees & VAT + R 1 500 transport + R 3 500 repairs).
The repairsMedium confidence
| Repair | What it is based on | Range | Used |
|---|
| Code 2 re-registration | Fixed: SAPS police clearance, roadworthy test and re-registration | R 3 500 | R 3 500 |
| Repair estimate | R 3 500 – R 3 500 | R 3 500 |
The photos show a 2007 Discovery 3 TDV6 in reasonable cosmetic condition with no visible crash damage on any panel, bumper, lamp or glass, and the tyres and alloys look serviceable. The estimate cannot see whether the engine and gearbox run well, what the Code 2 salvage code refers to, the cabin, the dashboard warning lights, or the underside beyond photo 9.
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.