Purchasing First Car - Manheim Auctions Fixed Price is there hidden fees?

poormansfriedchicken on 25/08/2018 - 22:22

Hello Everybody
I'm looking to buy a fixed price car from Manheim Auctions. The ad states that it is $9900 drive away but on their product disclosure statement it says that the buyer is liable for stamp duty. I've taken a look at some of their other ads which has a price listed but includes (*excluding goverment charges). It does indicate to me that I will not have to pay for stamp duty or their buyer fee.

Does anybody have an experience buying fixed cars from Manheim and what other fees I might be liable for?

Automotive

Comments

  • Cheeper on 25/08/2018 - 23:01
    +1

    You will have to pay for rego transfer and that usually includes stamp duty…
    https://www.vicroads.vic.gov.au/registration/buy-sell-or-tra…
    Should be roughly $450?

    Odd that the ad says drive away because that means all fees and charges are paid which I am sure they would not be from them. Best to call them and get the facts.

    • poormansfriedchicken on 25/08/2018 - 23:09

      Thanks! Was gonna go there first thing Monday morning and try to work it out.

  • Presence on 25/08/2018 - 23:45

    Be very careful. You're aware the car will likely come with no warranty at all?

    Get a proper inspection before buying!

    • whooah1979 on 26/08/2018 - 08:57

      You're aware the car will likely come with no warranty at all?

      https://www.consumer.vic.gov.au/cars/buying-a-used-car/warra…

      What is a used car statutory warranty?
      A licensed motor car trader must provide a statutory warranty if the car:
      is less than 10 years old, and
      has travelled less than 160,000 kilometres.
      Note: the car's age is determined by the date stamped on its build plate, usually found on the firewall between the engine and passenger compartments.

      • Randxyz123 on 26/08/2018 - 12:46

        I think you might find auction cars are "as is"

        • whooah1979 on 26/08/2018 - 13:00
          +2

          auction cars are "as is"

          Yes for vehicles sold on auction. The vehicle op is looking to purchase isn’t being auctioned. It’s listed as fixed price. A statutory warranty applies.

    • EightImmortals on 26/08/2018 - 11:35

      Are you allowed to take auction cars off site to get your mechanic to check it out?

      • whooah1979 on 26/08/2018 - 11:39

        auction cars

        op isn't bidding on an auction. manheim also sells fixed price vehicles.

  • spackbace on 25/08/2018 - 23:45
    +2

    Auction car - get it inspected!

    • poormansfriedchicken on 26/08/2018 - 14:26

      its a fixed price car though, should i be worried?

      • spackbace on 26/08/2018 - 14:34

        Yes, it's still Mannheim, and it's $10k

        Whats the details of the car?

        • [Deactivated] on 26/08/2018 - 15:16
          +5

          @poormansfriedchicken:

          More importantly, why are you wasting 10k on a Holden Barina? I can think of five cars that are cheaper, better on fuel, better looking, more comfortable, and better build quality.

        • spackbace on 26/08/2018 - 15:37
          +2

          @poormansfriedchicken:

          As above, I wouldn't touch a Barina outside warranty

        • whooah1979 on 26/08/2018 - 15:53
          +1

          @jrowls:

          Holden isn’t going to be around for much longer.

        • [Deactivated] on 26/08/2018 - 16:07

          @whooah1979:

          Is that supposed to be a selling point? Not like Barinas are made in Australia anyway.

        • poormansfriedchicken on 26/08/2018 - 16:15

          @jrowls: What would you recommend with my budget?

        • poormansfriedchicken on 26/08/2018 - 16:16

          @Spackbace: Thanks! Will consider it but its gotten to the point where I just need anything and don't want to walk into another dealership and be forced into buying something I don't like.

        • [Deactivated] on 26/08/2018 - 16:37

          @poormansfriedchicken:

          I spend half my life looking at cars, and I've owned way more than I should have. Tell me your requirements from your vehicle and I'll give you some recommendations. :)

        • poormansfriedchicken on 26/08/2018 - 16:43

          @jrowls: Looking for anything to act as a good daily that doesn't cost too much to maintain and nothing too fancy.

        • spackbace on 26/08/2018 - 16:53
          +4

          @poormansfriedchicken:

          In terms of reliability I'd be hard pressed to recommend anything except a Swift at this price point. Corolla is hard to find under $10k for anything semi-new. Swift will be reliable, and also has a timing chain not a belt so you won't have to worry about that.

          I've worked for 3 major car brands now, as well as used cars and all the brands there, and Swift still wins the small car market for me

        • [Deactivated] on 26/08/2018 - 17:44
          +2

          @poormansfriedchicken:

          Well if all you want is a good daily that's cheap, there's heaps of options. Personally, I would not pick anything that comes from anywhere outside South Korea or Japan. Holdens are American crap. Not unreliable per se, but pretty rubbish build quality. Same for Ford, though less so, but there have been worrying class action lawsuits against their automatic transmissions. So, question mark on reliability there. I personally have owned the following brands, for some context: Holden, Hyundai, Subaru (twice!), BMW, Honda (twice!), Mitsubishi (twice!), and Nissan.

          If it were me spending sub 10k for a daily I would stick with Toyota, Honda, Hyundai, and Suzuki. Mitsubishis are indestructible for the most part, but outside the drivetrain, such poor quality. Wouldn't want to sit in one day after day. Kias are quite good now but I don't know enough about them to recommend or not. Anyway here's some recs:

          • Swift is one of my recommendations as well as per Spackbace. Good car, good size and driving characteristics. Really good option. See here for a relevant example.

          • For Toyotas, you're not going to get a late-model Corolla for under 10k. However, you can definitely get a great Yaris for that price, if you aren't desperate for the size. [Check it out…]https://www.carsales.com.au/dealer/details/Toyota-Yaris-2012/OAG-AD-16284004/?gts=OAG-AD-16284004&gtssaleid=OAG-AD-16284004&rankingType=TopSpot) The only problem here is that they are a 4 speed auto - I wouldn't personally do a lot of highway driving in an automatic Yaris. They are a good little car though.

          • Hyundai-wise, you can get a practically brand-new Accent for 10k with change. It will be bulletproof as a daily, and more spacious than the Yaris and (maybe? not 100% sure) the Swift. Same story for an i20, but it's smaller. You could also get a more-used i30 that would be much better equipped and more luxurious than anything else on this list.

          • As for Hondas, a Jazz is really a brilliant car (having had one myself) and are way bigger on the inside than anything else in the class, and lots in the class above. They also have a pretty bulletproof drivetrain, but require more maintenance than say a Camry/Corolla. If you like a sedan shape more than a hatch, the City is the same as the Jazz but less practical. If you were looking for comfort as your biggest factor (and wanted to stay under 10k and not increase your costs too much, I'd recommend a Civic too, larger of course, but much more comfortable than all on this list other than the i30 in top trim level. I would know, I put several thousand kms into a Civic a few years ago. Very reliable too.

          That's all from me, lemme know if you want any more info. Cheers.

        • poormansfriedchicken on 27/08/2018 - 11:10
          +1

          @jrowls: Thanks for the all the help guys! I managed to pick up a 14 Corolla A. Sport for 14k (managed to borrow some money) and it came in the colour I wanted. Now onto finding a cheap insurance for this. Do you think I should consider comp or third party for a car with 13k-14k?

        • [Deactivated] on 27/08/2018 - 11:52

          @poormansfriedchicken:

          Congratulations! Hope you enjoy it.

          I wouldn't bother with comprehensive unless I had a really expensive, hard to repair car. But I haven't ever had a car worth more than 10k or so. I'd say the best way to make the call is to run the numbers on everything.

  • roundnumbersonly on 27/08/2018 - 09:27

    Not sure what you went with OP, but from previous experience (in QLD), I had to put aside roughly $1000 for the following when buying at an auction:

    1. Safety Certificate (car was unregistered)
    2. Rego + CTP
    3. Buyer's Premium
    4. Stamp Duty

    With the fixed price vehicles, the price might already include 1-3, so I guess if it comes already registered then in theory, you should only be paying stamp duty upon transfer.

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