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 18 000. Bidding will rise before the lot closes, and the profit will shrink with it.
| Retail valuemedian of 15 used Renault triber 1.0 manual petrol 2022–2024 at 185 859 km | R 126 342 |
| 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 113 708 |
| − | Current bidCurrent bid at Bidvest Burchmores — it will rise before the lot closes, and the profit with it will shrink | R 18 000 |
| − | Buyer’s premium, fees & VATNo buyer’s premium + R 2 500 document & admin fees + R 3 075 VAT (15%) · Estimated: Bidvest Burchmores does not publish its buyer’s premium and fees, so typical ones are used | R 5 575 |
| − | Transport to PretoriaEstimated: a flat R 1 500 to get the car from Cape Town to Pretoria | 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 7 600 – R 17 800 | R 12 700 |
| = | 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 73 933 |
+185,9% on the R 39 775 you put in (R 18 000 price + R 5 575 fees & VAT + R 1 500 transport + R 2 000 licence & roadworthy + R 12 700 repairs).
The repairsLow confidence
| Repair | What it is based on | Range | Used |
|---|
| Engine diagnosis (non-runner) | Notes: Non-runner; no confirmation of a working engine. The front end shows no impact damage in the photo. | R 800 – R 1 500 | R 1 200 |
| Likely repair for non-start fault (e.g. fuel, ignition, sensors, battery or starter) | Notes: Non-runner; the cause is unknown. The allowance covers a typical minor fault, not an engine replacement. | R 3 000 – R 9 000 | R 6 000 |
| Bonnet paint correction or respray | Photo 1: bonnet paint is heavily faded, oxidised and blotchy. The clear coat has failed. | R 3 000 – R 5 500 | R 4 200 |
| Interior valet and exterior detail | Photo 1: the car looks dirty and neglected, and the mileage is high at 185,859 km. | R 800 – R 1 800 | R 1 300 |
| Repair estimate | R 7 600 – R 17 800 | R 12 700 |
The car is a Private or bank-type lot with a visibly failed bonnet finish and no obvious crash damage from the front. The notes say non-runner, so the real fault is unknown. With only one front-three-quarter photo, the sides, rear, interior, tyres and engine bay cannot be assessed.
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.