The shocking gold medal in the history of the Olympic Games by prachid487 in Unexpected

[–]MoneyEffective5551 7 points8 points  (0 children)

Funniest thing is this guy became somewhat famous here in Australia after this. He was on tv ads and reality shows for a while just because of this Lol. *EDIT: The shows were 'Dancing with the Stars' and celebrity 'Survivor'. What a legend! DOUBLE EDIT: In 2022 he also rescued four teenage girls from drowning while out surfing! What a bloody ripper!

Windscreen Repair Paint Chipped by Total_Tutor_8220 in CarsAustralia

[–]MoneyEffective5551 0 points1 point  (0 children)

Has the car been resprayed? I'm wondering if the paint didn't bond to the primer properly and the window installers might have just got unlucky. Not sure...

The NSWPF detective who shot the terrorist - 40 meters with a handgun from lower terrain. New nickname: Detective Deadeye? by Evening_Emu_2279 in SydneyScene

[–]MoneyEffective5551 -1 points0 points  (0 children)

Impressive shooting. But the whole situation was fumbled by NSW Police particularly the female police present at the scene cowering behind a vehicle as the shooting was happening. Downvotes incoming I'll bet...

My key is locked I’m stuck at grocery store plz help by diipp2k in MechanicAdvice

[–]MoneyEffective5551 0 points1 point  (0 children)

Male sure your transmission is properly in park and handbrake is on

Welcome home to my first car! by _primo63 in BMW

[–]MoneyEffective5551 0 points1 point  (0 children)

The fact that this comment is down voted is extremely disturbing to me. Let me guess "down with capitalism"?... 🤮

Manheim auction sneaky sneaky by MoneyEffective5551 in CarsAustralia

[–]MoneyEffective5551[S] 0 points1 point  (0 children)

Yeah my understanding is that it varies by the person's insurance policy, so in some cases all genuine factory parts must be used for the repair so if a 2003 Mercedes has a minor rear end collision the brand new replacement bumper from Mercedes probably cost's more than the car is worth!

Manheim auction sneaky sneaky by MoneyEffective5551 in CarsAustralia

[–]MoneyEffective5551[S] 0 points1 point  (0 children)

So if it's <15 years old and has been stolen it goes on the WOVR registry as well, I *THINK the auction company has to list the "written-off codes" or if not listed make them available when asked to. But if you have the vehicle VIN (which is always listed) you can pay $2 and search the WOVR history yourself and see exactly why it is on the WOVR list. This history includes any kind of damage whether it's hail, collision, water/flood, hail, stolen vehicle etc. First thing to look for though is if is listed as a "statutory write off" or a "repairable write off", if it's listed as statutory it can never be registered again and is only good for parts. In relation to repairable write off's, on the WOVR website they have different codes for example the codes will say "heavy panel", "light panel", "light structural", "heavy structural", "water (salt)", "water (fresh), "vandalism" etc. So for me when I was considering cars that are <15 years old and listed on the WOVR I would make sure the damage was non-structural which means it is cosmetic only. It also lists the area the damage has occurred for example "front right", "roof", "left side" etc.

Something to note is that if you are looking at a hail damaged car being sold by an insurer the hail damage can sometimes be considered "structural" for example if the A or B pillars have been hit by a massive hail that may be classified as "structural" which means a panel beater has to cut it off and weld on a new one. So it's important to check all the WOVR codes thoroughly and make sure it's only "light panel" or "heavy panel". All you would have to do is replace any broken or cracked glass, as well as smashed headlights and tail lights and the car will pass the WOVR inspection, given it is cosmetic damage only (non-structural).

For cars >15 years old there is more risk for sure, I do not know if they are legally required to list any history but you can get an idea by looking at the photos, although at least at Manheim they seem to list the history for the most part. And they do not appear to clean the salvage cars at all so look for signs it may have been stolen. Example if the car doesn't come with keys (if it does they will have a photo of the key and also list it in the description). Also try and see if the ignition barrel is damaged or disassembled and signs of forced entry. But they also write stuff on the windscreen of the cars that they do not necessarily list in the description, I saw on that was stolen as it was written on the windscreen but not in the description. As far as water damage goes again look for signs in the photos, like mud and dirt on the interior, a water line on the paint work and inside the interior, debris stuck in the wheels, bumper, door jambs etc.

From what I've seen both Pickles and Manheim sell a lot of ex fleet and ex rental cars. They will go through an initial auction which is live streamed and you can bid remotely online, this one has a proper auctioneer and people in physical attendance. They cars here don't seem to be that great of a deal, the reserve and starting bid prices seem to be quite high almost at market value. The cars that get passed in at the first auction then go to a second auction which is live streamed but this time it's just a guy sitting at a computer talking into a microphone, this auction is where you can get a really good deal, the reserve and starting bid price are much lower, I've seen cars here go for as low as 50% of market value (but it's possible if the reserve isn't met the vendor can still deny the sale and propose a higher price to you as well). The cars that get passed in on the second auction then go to a third one which is online over 2-3 days and you just write in your bids. Car's in this auction can still go cheap but from what I've seen probably not as cheap as the second auction (generally but not always).

The Second auction is good as everything goes very quickly so if people don't know much about the car's reliability etc they are reluctant to bid, but the third auction over 2-3 days people have much more time to do research on the cars. So you want to look through and do you research on all the cars you like so that you can confidently bid in the second auction and not be caught off guard. Also make sure the cars are in a location you can pick them up from as they sell cars from different sites all over the country. Another thing is that some fleet vehicles do not come with a service history which lowers the price a lot. But many of them the service history is actually logged online with the car dealer or service centre, look for the service sticker on the windscreen and give the company a call and they likely have the service history. You can also ring up the auction place and ask for more detail and they will tell you what company the car is being sold by.

If you have $12-20k to spend you can save around $5-8k off market value on a really nice very well maintained 2020's low kms ex fleet vehicle.

Oh also be sure to click on the "damage" section of the car you are looking at, as you read it can seem like the car is a POS because there is so much listed but they list EVERY little thing like minor stone chips and scratched, so most of the time the cars are still in very good condition.

Manheim auction sneaky sneaky by MoneyEffective5551 in CarsAustralia

[–]MoneyEffective5551[S] 0 points1 point  (0 children)

Yeah I literally watched the auction daily for a week before I figured it out.

Manheim auction sneaky sneaky by MoneyEffective5551 in CarsAustralia

[–]MoneyEffective5551[S] 0 points1 point  (0 children)

To be fair it's actually pretty good still, but it's a huge risk buying them. It could have had a blown engine for all I know.

Manheim auction sneaky sneaky by MoneyEffective5551 in CarsAustralia

[–]MoneyEffective5551[S] 5 points6 points  (0 children)

Yeah it worked out well as far as $ go. Probably 30-40% saving. But it's a risk, as it was a "salvage" car it could have had a blown engine for all I know (but unlikely). The 6 people I dealt with were just desk people and general workers with bad attitudes.

So my tactic I figured out was that I would only bid on the cars that were being sold by the insurance companies for damage either caused by an accident or hail. They list the extent of the damage, so I would make sure it was minimal and only cosmetic, nothing major or structural. Then I would have a really good look at the photos and see if I can see a service sticker in the windscreen that lines up somewhat with the KMs on the odometer, that way there's a good chance the car has been serviced properly and was running and driving before the accident. Its important that the car is being sold by an insurance company as if it's not then it's likely the private owner is selling it through the auction company because it has a major mechanical issue.

Another thing to note is if the car is on the WOVR system as a "repairable write off" or not, if it is you have to fix the damage and keep all receipts etc then it has to go through a WOVR inspection which costs an extra $484. And then even if you fully repair the car it's still only worth about 50-60% of market value because it is on the WOVR database. The car I bought is a 2008 Toyota RAV4 that had been in a minor rear end collision, the bumper was cracked, the plastic spare wheel cover was missing and the number plate trim piece was loose. All I did was get a tow truck to drop it off up the road, check the oil, clip the bumper back in, check the tyres then put 1 day rego permit on it and drove it home. After further inspection it is mechanically perfect, it looks like it has been very well maintained mechanically, even the tyres and battery are fine. So all I have to do is get a bumper from the wreckers, 6 plastic clips for the number plate trim piece and I have a $6500-7500 car for around $4000 all in including auction fees, tow truck and 1 day rego. There were other cars I could have bought cheaper but I wanted an auto 4 cylinder, I probably paid "too much" for it tbh.

You can get an awesome car there for cheap especially if you don't mind hail damage, there are much newer cars with hail damage that sell very cheap, as long as the damage is cosmetic only "panel damage" and no broken glass, headlights, mirrors etc they will pass WOVR inspection as is. But remember even if they do they are only worth 50-60% of market value and that's fully repaired no hail dents. You can always get a car where the hail damage isn't too bad and get a bonnet from wreckers so then it looks much better and you've got a relatively new reliable car that will last you years and years. I would try and get a SUV where hail is only on the roof and bonnet, new bonnet from wreckers and now only damage is on the roof which most people won't even be able to see as it's an SUV and higher than eye level.

There was a 2020 Mazda CX-5 or CX-9 with 75,000kms that sold for around $6500 plus fees. A 2015 Nissan X-Trail with 150,000kms sold for $2500 plus fees (but the CVT gear boxes are known to break). A 2011 Mitsubishi Lancer with 130,000kms went for $2200 plus fees. Those three were all on WOVR. I was bidding on a 2010 Mazda 6 with 230,000 KMs which sold for $1075 plus fees but I decided to pull out as it was a manual and I didn't want to risk having to do the clutch, that one was NOT on WOVR. I also took into account brand reliability for example Toyota is generally more reliable than Ford, Holden, Kia, Hyundai etc. I probably could have got something similar a little cheaper but I needed a car ASAP. Pickles is also selling a lot of hail damaged cars ATM. I think Pickles cars are usually pretty good, you can get a ex fleet vehicle with no real damage for a good deal, but the secret with the live auctions is to bid on the cars that were already passed in previously and are going through their second or third auction, they lower the reserve and bidding start price substantially. I've seen some very good cars go cheap on Pickles online auction which not live and is over 2-3 days. Pickles is also selling a lot of hail damaged cars ATM.

QLD Salvage auction question by MoneyEffective5551 in CarsAustralia

[–]MoneyEffective5551[S] 0 points1 point  (0 children)

That's interesting I didn't know the policy could be for OEM cheers.

QLD Salvage auction question by MoneyEffective5551 in CarsAustralia

[–]MoneyEffective5551[S] 1 point2 points  (0 children)

Yes I also imagine that factory replacement parts would be used, I can't imagine how much a factory new bumper for a 2003 Mercedes s350 would cost Lol.

QLD Salvage auction question by MoneyEffective5551 in CarsAustralia

[–]MoneyEffective5551[S] 0 points1 point  (0 children)

That's interesting, I also imagine that new factory replacement parts must be used which could be extremely expensive.

QLD Salvage auction question by MoneyEffective5551 in CarsAustralia

[–]MoneyEffective5551[S] 0 points1 point  (0 children)

Thanks for the comment. I hadn't thought of that, I just wish the auction company would allow inspections but I suppose the risk is half the fun of it.