Phones 4u stock goes up for public auction

Phones 4u stock goes up for public auctionPhones 4u going into administration was one of the surprise stories of last year (or not, depending on your personal feelings), with the retailer ultimately shutting up shop after being abandoned by EE and Vodafone.

The good news for us is: the remaining stock is being auctioned off, and you might just be able to grab yourself a cheeky bargain.

John Pye & Sons Corporate Asset Management is currently holding a public auction “by order of the administrators of Phones 4 U”. No arguments here.

There are literally thousands of items up for grabs, including iPhones, iPads, Samsung Galaxy Notes, Samsung Galaxy Tabs, Sony Xperia Tablet Zs, Motorola Xs, PlayStation 3s, Nintendo Wii Us, accessories… The list goes on and on, and on some more.

A lot of the current bids seem to be pretty high (don’t expect to score a PS3 for £5 or anything), but with so many items up for auction, there’s always the chance of netting a delicious bargain.

Indeed, the Pye men have around 600,000 items up for grabs, with a retail value of £10.8 million. That’s a lot of stuff, man.

“We look forward to supporting PwC with this Administration process to achieve optimum realisations for Phone 4U creditors for such a high profile corporate insolvency,” croons Managing Director Adam Pye.

“While it is always very sad to see such a huge national business go into Administration, it does provide a rare opportunity for the general public to purchase merchandise for a fraction of what they would pay on the high street.”

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28 comments

DDC  Jan. 5, 2015 at 15:19

Just a reminder you pay 20% auction fee and another 20%VAT... Looking at some of the prices already listed there isn't much scope for a bargain!

lcurdie / MOD  Jan. 5, 2015 at 16:49

Good point, sir. Also, 2.5% for payments by credit card, and full payment required by January 8 (Thursday this week).

brohood  Jan. 5, 2015 at 16:51

link to auction anybody?

lcurdie / MOD  Jan. 5, 2015 at 16:56

link to auction anybody?
Sorry, just added that to the main article: http://www.auction-solutions.co.uk/lot_list.asp?saleid=1548&siteid=1

CTPAHHIK  Jan. 5, 2015 at 18:11

There iPhone 5C 8GB going for £160 - assuming this will come out to 160 + 32 + 32 = £224.
There are some Moto Gs available for £50 + fees.

Overall, 2345 items of crap.
No wonder they went out of business.

dursty8  Jan. 5, 2015 at 20:19

There iPhone 5C 8GB going for £160 - assuming this will come out to 160 + 32 + 32 = £224.
There are some Moto Gs available for £50 + fees.

Overall, 2345 items of crap.
No wonder they went out of business.


Moron.

All the best stuff was sold long before this auction even came towards the public.

They were a 100m company, they did something well. The fact they had no network connections to resell is the reason they went out of business.

Treab  Jan. 5, 2015 at 20:42

My gawd... people are going nuts... £190 for a 16gb ipad mini plus 205 buyers premium then another 20% on top of that for vat so... 273.60

for an old ipad with no warranty... may as well buy it from currys...

brohood  Jan. 5, 2015 at 21:02

My gawd... people are going nuts... £190 for a 16gb ipad mini plus 205 buyers premium then another 20% on top of that for vat so... 273.60

for an old ipad with no warranty... may as well buy it from currys...


Your right..quite clearly the nutters aren't reading the small print and it's all going for over the odds...

matt101101 / MOD  Jan. 5, 2015 at 22:24

The administrators must be rubbing their hands with glee....God, people are stupid.

Treab  Jan. 5, 2015 at 22:27

The administrators must be rubbing their hands with glee....God, people are stupid.

let me guess your buying 6 matty?

Treab  Jan. 5, 2015 at 22:30

even better... a 16gb IPAD mini is being sold for £220... or £316.80 after taxes... you can buy a new one from apple for that...

matt101101 / MOD  Jan. 5, 2015 at 23:26

The administrators must be rubbing their hands with glee....God, people are stupid.

let me guess your buying 6 matty?

I'm buying the lot ;)

matt101101 / MOD  Jan. 5, 2015 at 23:29

even better... a 16gb IPAD mini is being sold for £220... or £316.80 after taxes... you can buy a new one from apple for that...
Does that really surprise you...really? People are idiots, they won't have acknowledged the 20% + 20% which you have to pay on top of the initial sale price.

Ironically, some of this stuff will end up costing people more than it would have done if they'd just bought it from their local P4U store before they went bust.

Treab  Jan. 5, 2015 at 23:49

even better... a 16gb IPAD mini is being sold for £220... or £316.80 after taxes... you can buy a new one from apple for that...
Does that really surprise you...really? People are idiots, they won't have acknowledged the 20% + 20% which you have to pay on top of the initial sale price.

Ironically, some of this stuff will end up costing people more than it would have done if they'd just bought it from their local P4U store before they went bust.


doesn't surprise me... just disgusted by how thick people can be...

Treab  Jan. 5, 2015 at 23:52

ones upto 240 now totalling 345.60 or 354.24 if paid by card... thats nearly the price of an ipad air...

matt101101 / MOD  Jan. 6, 2015 at 00:09

ones upto 240 now totalling 345.60 or 354.24 if paid by card... thats nearly the price of an ipad air...
My dad bought a Space Grey iPad Air 32GB Cellular as a refurb direct from Apple with a 12 month Apple warranty for £389 delivered last week.

That puts into perspective how sh*t £355 for an iPad Mini 2 16GB Wi-FI really is, especially when it's being sold as seen with no warranty.

Treab  Jan. 6, 2015 at 00:23

if it is an ipad mini 2.... it just says ipad mini....

matt101101 / MOD  Jan. 6, 2015 at 00:57

I Googled the model number which it's listed as (A1490), it came back as an iPad Mini 2.

Treab  Jan. 6, 2015 at 01:02

touche old boy... course its still going for more than apple sells the ruddy thing ;)

CTPAHHIK  Jan. 6, 2015 at 08:32

I doubt that any Apple products are without warranty. Warranty is provided by Apple and not by Phones4U and knowing Apple I don't think they will decline warranty claim based on the fact that it is bought from auction.

There is a possibility of getting a dud right out of the box and that might not be fixed. Working product with issues down the line are very likely to be serviced by Apple.

Treab  Jan. 6, 2015 at 08:56

depends tbh... some companies want a receipt to show where purchased and if bought at auction sometimes the warranty is voided as its a third party rather than an authorised reseller.

matt101101 / MOD  Jan. 6, 2015 at 12:32

depends tbh... some companies want a receipt to show where purchased and if bought at auction sometimes the warranty is voided as its a third party rather than an authorised reseller.
To be fair, Apple don't. You just use the device S/N to check the warranty status on their website.

Treab  Jan. 6, 2015 at 12:57

well lah de-dah arent apple amazing ;)

matt101101 / MOD  Jan. 6, 2015 at 13:09

They are on the warranty front, but it's only a tool to make people want to repeat purchase with them ;).

Treab  Jan. 6, 2015 at 13:24

Unless it gets 'damp' due to water... rain... or the moisture in the air...

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