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 110 000. Bidding will rise before the lot closes, and the profit will shrink with it.
| Retail valuemedian of 6 used Audi q2 1.4 auto petrol 2021–2023 at 1 km | R 472 186 |
| Trade value (estimated)90% of the retail value — what a dealer would pay for a car from 2022, the book trade-to-retail ratio of comparable auction lots. The profit is worked from this. | R 424 967 |
| − | Current bidMinimum price at Bidvest Burchmores — it will rise before the lot closes, and the profit with it will shrink | R 110 000 |
| − | Buyer’s premium, fees & VATNo buyer’s premium + R 2 500 document & admin fees + R 16 875 VAT (15%) · Estimated: Bidvest Burchmores does not publish its buyer’s premium and fees, so typical ones are used | R 19 375 |
| − | Transport to PretoriaEstimated: a flat R 1 500 to get the car from Germiston 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 3 300 – R 9 500 | R 6 400 |
| = | 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 285 692 |
+205,1% on the R 139 275 you put in (R 110 000 price + R 19 375 fees & VAT + R 1 500 transport + R 2 000 licence & roadworthy + R 6 400 repairs).
The repairsLow confidence
| Repair | What it is based on | Range | Used |
|---|
| Engine diagnosis and scan for non-runner fault | Auction notes: Non-runner; no visible front-end or engine-bay damage in the single photo to explain the failure | R 800 – R 1 500 | R 1 200 |
| Likely repair of ignition/fuel/electrical fault found on diagnosis | Notes state non-runner, so a working engine is not confirmed; allowance for the repair after diagnosis on a 1.4T FSI | R 2 500 – R 8 000 | R 5 200 |
| Repair estimate | R 3 300 – R 9 500 | R 6 400 |
The car looks cosmetically straight and undamaged in the one front three-quarter photo, but it is listed as a non-runner with no engine-bay, rear, interior or underside views, so mechanical faults and hidden body damage cannot be assessed. The estimate covers diagnosis and a likely engine repair only, and does not include a replacement engine, gearbox or any unseen panel work.
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.