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 20 000. Bidding will rise before the lot closes, and the profit will shrink with it.
| Retail valuemedian of 15 used Toyota corolla quest 1.6 manual petrol 2016–2018 at 159 437 km | R 167 097 |
| Trade value (estimated)87,5% of the retail value — what a dealer would pay for a car from 2017, the book trade-to-retail ratio of comparable auction lots. The profit is worked from this. | R 146 210 |
| − | Current bidCurrent bid at Bidvest Burchmores — it will rise before the lot closes, and the profit with it will shrink | R 20 000 |
| − | Buyer’s premium, fees & VATNo buyer’s premium + R 2 500 document & admin fees + R 3 375 VAT (15%) · Estimated: Bidvest Burchmores does not publish its buyer’s premium and fees, so typical ones are used | R 5 875 |
| − | 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 11 300 – R 20 000 | R 15 700 |
| = | 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 102 635 |
+235,5% on the R 43 575 you put in (R 20 000 price + R 5 875 fees & VAT + R 2 000 licence & roadworthy + R 15 700 repairs).
The repairsLow confidence
| Repair | What it is based on | Range | Used |
|---|
| Respray bonnet, front bumper and left front fender to match the white body | Photo 1: the bonnet and front bumper are dark grey and the left front fender is grey primer. The rest of the car is white, so these panels are mismatched or unpainted. | R 9 000 – R 15 000 | R 12 000 |
| Repair and paint scattered dents and scuffs on the left doors | Photo 1: the left front door has some marks and dents. This is grouped as minor panel work. | R 1 500 – R 3 500 | R 2 500 |
| Interior valet | Photo 1: general used condition. The interior is barely visible, so this is a basic allowance. | R 800 – R 1 500 | R 1 200 |
| Repair estimate | R 11 300 – R 20 000 | R 15 700 |
The car has mismatched or primer-coloured front panels (bonnet, bumper and left front fender) that need a respray, plus minor door marks. Only one front-left photo was supplied, so the right side, rear, interior, engine bay and mechanical condition cannot be assessed, and no mechanical costs are included.
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.