Capital Asset Auctions - Lutterworth

Address: Walton New Road Business Park, Geoff's Drive, Bruntingthorpe, Lutterworth LE17 5RD, United Kingdom.
Phone: 1163214301.
Website: capitalasset-auctions.co.uk.
Specialties: Auction house.
Other points of interest: Wheelchair-accessible car park, Wheelchair-accessible entrance.
Opinions: This company has 59 reviews on Google My Business.
Average opinion: 4/5.

Location of Capital Asset Auctions

1163214301

Capital Asset Auctions, located at Address: Walton New Road Business Park, Geoff's Drive, Bruntingthorpe, Lutterworth LE17 5RD, United Kingdom. is a well-known auction house. The company can be easily reached by phone at Phone: 1163214301 or through their website: Website: capitalasset-auctions.co.uk.

Capital Asset Auctions specializes in conducting auctions for a wide range of assets. Their auctions encompass a variety of industries, providing buyers with the opportunity to acquire goods at competitive prices. Whether you're in the market for machinery, vehicles, or other types of equipment, Capital Asset Auctions is the place to be.

The auction house is wheelchair-accessible, with designated parking spaces and a wheelchair-accessible entrance, ensuring that all visitors have a comfortable and convenient experience. Capital Asset Auctions has received numerous reviews from satisfied customers, with a average opinion: 4/5 based on 59 reviews on Google My Business.

If you're considering attending an auction or bidding on an asset, here are some key points to keep in mind:

1. Research the asset: Before placing a bid, it's essential to familiarize yourself with the item's specifications, condition, and market value. This information will help you make an informed decision and avoid overpaying.

2. Understand the bidding process: Familiarize yourself with the bidding process and any associated rules or fees. This will help you avoid any misunderstandings or unexpected costs.

3. Set a budget: Establish a budget before attending the auction and stick to it. This will help you avoid overspending and ensure that you make a smart investment.

4. Inspect the item: If possible, inspect the asset before the auction begins. This will give you a better understanding of the item's condition and help you determine its value.

5. Register to bid: To participate in the auction, you'll need to register ahead of time. Be sure to bring a valid form of identification and any other required documents.

Reviews of Capital Asset Auctions

Lester Wiffen

1/5

They know exactly what they are doing.
Everything nicely hidden away in the small print.
Nearly everything they sell can be found much cheaper elsewhere once you add up the many many different fees
Special SCs in the terms and conditions maybe an extra £25000 you might not see?
A car being category S carefully hidden away.
I have seen them sell the same car multiple times, they are not interested in the sale, only the commission which is huge and they won't be returning that .
If you have spent money , you've been had.

Jake Chambers

1/5

Not only has does this company charge extortionate fees, they also like to hide extra fees deep within their T&C’s behind acronyms such as ‘SC’ which means nothing to people who don’t often bid on auction sites. They split the invoices up into two separate ones which is suspicious anyway, which l late found out is because the second invoice is the one that contains the hidden fee which you only get to see after paying the first one. The people who answer the phones are also very rude and use their words cleverly to call you an idiot without trying to help you. Then when I cancelled the item, they charged myself over £3000 as a ‘cancellation fee’. All in all I would never deal with anything this company has to offer ever again and hope no one else gets caught up in their deception. I have no doubt if they reply to this post it will be to make myself look like I'm in the wrong but looking at the other reviews I’m clearly not the only person to feel this way about this company.

Rahiem Solomon

5/5

I brought a car from the auction house in early may and was astonished with how well and organised this company ran. I was greeted at the front gates by a lovely chap who was nothing but help, he handed me the keys and had me on my way very promptly as I was in a bit of a rush. Would definitely recommend this auction house to friends and family and will definitely be purchasing something else from them in the future

Mali Matthew

5/5

Incredible service! I brought a vehicle off of their auction in September and I was very impressed with my purchase aswell as the service these boys provided me with. I would definitely recommend this auction to friends and family.

Bob Inder

1/5

A short story which will save someone else a tidy fortune!!!!

Hidden in the T&C awaits a nasty surprise for the uninitiated, My advice, If it looks like a bargain then run a mile!

Many reviewers have spoken about the underhand tactics employed by these jokers, Think of wheel clampers and the likes and you'll know exactly the type.

Rude and obnoxious, They spew out lie after lie to increase "charges" by employing delaying tactics to facilitate earning late payment and storage fees.

£5,100 paid out but a "generous" offer of £3,170+vat to cancel a purchase! Yes that's right £3,800 it would cost to cancel a £5,100 invoice.
Faced with raising another £7,000 within hours or losing the £5,100 we began to get annoyed.

Thankfully fam managed to raise the necessary funds and a transfer 3 hours before "deadline" was made.

1st we were told the funds had not deposited their account, Then once the bank provided proof the funds had deposited into the account they decided the payment was a high risk money laundering transaction.
The bank again provided the necessary assurances the funds were transferred from a 30 year + business account with hundreds of thousands of pounds of transactions per month.

Then they asked for photo ID, At this point the bank raised an eyebrow and referred the matter to the fraud team.

Suffice to say no photo ID was provided and the vehicle, A mercedes sprinter recovery vehicle was released to the waiting driver.

This joker outfit promised they wouldn't release the vehicle without photo ID and this would lead to £150+ vat in storage fees!

Obviously they piped down and released the vehicle 2 minutes prior to their "deadline" at the threat of legal action.

Once the vehicle was released, A "friendly" conversation took place, The arrogance and bravado all gone, They began to cry.

You know exactly where I am based, You have my address and name. Pay me a visit if you have the courage to back up your bravado, I have an axe ready to grind!

I see others have good experiences, So in the interest of fairness I should reiterate, Read the T&C before you spend a penny.

Call and ask about any kind of special terms and do NOT part with money until you have email evidence.

Arj S

1/5

Robbed for £2500. Literally all i had in my bank they didnt care. All cause i accidently bided for a watch.

Please be aware of this company. Scammers! They ruined my life!

Also all the good reviwes are fake!

Niya Morton

5/5

Very easy service to navigate, buy and collect my vehicle. Will definitely be buying again.
Thank you.

Bradley Smith

5/5

Collected my vehicle today and Very happy with the service from start to finish. Pete at the collection compound was very informative and helpful.