Blogs

End of local manufacture unlikely to damage used car values

As stated by the AFR (Australian Financial Review) today, Fleet managers should be looking at the pipeline of new model releases and consider the impact they will have on used car values this year. The flow on effect from the introduction of new model vehicles has a significant effect on sales of superseded versions, creating a conundrum for the fleet manager. Pickles Auctions...
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Luxury Vehicles' Journey to Instagram

Photographing a luxury vehicle has always been a bit of an art. To do justice to the design, as well as to adjust for speed and the lighting conditions of dramatic outdoor backdrops is quite a science. But is it any different when photographing them for social media? Bloomberg took a look at what they consider to be some of the best luxury car feeds on Instagram - a medium with an...
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Understanding Millennial Collectors

  The "Millennial" generation - those born roughly between 1980 and 2004, has been the focus of much speculation for the automobile industry and those surrounding it. Some believed this generation would forego car ownership almost completely, in favour of ride-sharing services like Uber. Also, some feared that when this generation did buy cars, luxury and performance vehicles...
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Corporate insolvencies fall to eight-year low

As reported in the Australian Business Review , this year Australia has seen the lowest rate of companies falling into insolvency since 2008. The analysts, FTI Consulting, expect insolvencies to continue to trend downward at least through early 2017. Whilst insolvency is at an 8 year low we have seen some of the largest closures and receiverships in recent years in retail, mining,...
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Recreational Auctions Sydney now Exclusively on Pickles Online

Recreational Auctions Sydney now Exclusively on Pickles Online From January 9, 2017 all Sydney recreational auctions will be hosted on Pickles Online. This means you will be able to easily browse and bid on all Sydney based recreational items from wherever you are!    This counts for the following product lines:  - Motorcycles (including postie bikes) ...
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What to expect at a Luxury Car Auction

What to expect at a Luxury Car Auction Stop dreaming and start preparing -- it's time to get ready to buy the luxury car you deserve. From 6pm on Monday, November 28, you can take part in our luxury vehicle auction in Geebung.    Here's everything you need to know about preparing for the auction and what to expect when you bid with us on the day.   ...
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Understanding the influences of residual value

There are many factors that shape the used motor vehicle market. Recently, Hertz Global Holdings reported third-quarter profits that badly trailed analysts' estimates and cut its annual earnings forecast. Some expected this be explained by the effect of Uber, Lyft and similar ride-sharing services on overall demand. While they did see minimal decreases in rental rates and...
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Investing in classic cars

Is a classic car a smart investment? Realising major returns from an investment is difficult, and often requires investors to consider alternative investment classes. In the September 2016 issue, Money magazine looked at the typical makeup of investment portfolios consisting of “safe” investment classes like cash, Australian shares, and residential real estate - and found these...
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Important App Update

Important Update You can now add an item to your watchlist and receive a notification when it becomes available for auction! With the new version you can: Participate in live sales and place real-time bids from anywhere in Australia Browse upcoming auctions, view item images and details Add items to your Watch List Save your favourite search criteria ...
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Rundles Auctions to operate under Pickles Auctions banner

Rundles Auctions to operate under Pickles Auctions banner We are excited to announce, effective 1 July 2016, Rundles Auctions will be operating under the Pickles Auctions banner, bringing two of the longest standing and most reputable auction houses under one umbrella. This will see us strengthen our commitment to our buyers, vendors and supplier alike as we better our...
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