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 31 000. Bidding will rise before the lot closes, and the profit will shrink with it.
| Retail valuemedian of 15 used Nissan np200 1.6 single cab 2022–2024 at 120 174 km | R 196 736 |
| Trade value (estimated)90% of the retail value — what a dealer would pay for a car from 2023, the book trade-to-retail ratio of comparable auction lots. The profit is worked from this. | R 177 062 |
| − | Current bidCurrent bid at GoBid — it will rise before the lot closes, and the profit with it will shrink | R 31 000 |
| − | Buyer’s premium, fees & VAT5% buyer’s premium R 1 550 + R 3 360 document & admin fees + R 5 386 VAT (15%) | R 10 296 |
| − | Transport to PretoriaEstimated: a flat R 1 500 to get the car from GoBid Cape Town 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 35 photos and the auction house’s notes · range R 11 500 – R 18 500 | R 15 000 |
| = | 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 119 266 |
+206,4% on the R 57 796 you put in (R 31 000 price + R 10 296 fees & VAT + R 1 500 transport + R 15 000 repairs).
The repairsMedium confidence
| Repair | What it is based on | Range | Used |
|---|
| Replace front bumper (black, unpainted) incl. brackets and clips | Photos 1 and 4: front bumper is split and hanging loose at the left corner, with the lower edge broken away; bumper appears beyond repair | R 4 500 – R 7 500 | R 6 000 |
| Remove commercial livery/signwriting from doors and tailgate and polish | Photos 2, 3 and 4: 'CAPE CRANES', 'Mercedes-Benz Trucks' and fleet numbers applied to doors, tailgate and load-bin sides | R 1 500 – R 3 500 | R 2 500 |
| Light scuffs around fuel filler flap and left rear quarter – cut and polish | Photo 6: surface scratches around the fuel filler door; minor, no panel deformation | R 1 200 – R 2 500 | R 1 800 |
| Interior clean and valet | Photo 7: loose jack/tools and dirt in the cab; work bakkie interior needs cleaning for resale | R 800 – R 1 500 | R 1 200 |
| Code 2 re-registration | Fixed: SAPS police clearance, roadworthy test and re-registration | R 3 500 | R 3 500 |
| Repair estimate | R 11 500 – R 18 500 | R 15 000 |
A high-mileage 2023 NP200 work bakkie with a broken, hanging front bumper and commercial signwriting, but otherwise straight panels and no visible structural or mechanical faults (it starts, key present). The two underside photos (8 and 9) are blurred and no engine-bay or rear-of-cab detail is provided, so underbody, chassis and cooling-pack condition could not be assessed and are 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.