Have auction prices ever been as high as now? Forget CAP, forget Glasses, and definitely forget the sort of profit margin you've become used to. Cars are selling, and selling very well, but replacing sold stock with anything half-decent is costing almost as much if not more.Here are a few examples from a couple of recent Anglia Car Auctions sales at King's Lynn.Though now better-known nationally for their five-a-year classic car events, ACA also run twice-weekly modern car sales. They have contracts with several local main dealer groups as well as two West Norfolk car supermarkets. Many local forecourt traders and online sellers buy stock there and it's a good sale - decent quality stock if you know what you're doing, sensible buyer's premiums and above all, totally straight and above board.
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