The main goal of this page is to serve as the primary resource for the Lloyds Auction review. With that goal in mind, let’s begin with a brief introduction.
Lloyds Auctions operates one of the most diverse auction platforms in Australia, handling everything from high-value classic cars and machinery to consumer electronics and jewelry, appealing to both private buyers and industry professionals.
Lloyds Auctions operates one of the most diverse auction platforms in Australia, handling everything from high-value classic cars and machinery to consumer electronics and jewelry, appealing to both private buyers and industry professionals.
The range is exceptionally broad:
The platform provides a detailed summary of the car and all the needed technical specifications. This includes almost every detail about the car required for an informed purchase.
3.5 / 5 — The listings include comprehensive technical data, making remote shortlisting effective.
Lloyds provides strong visual documentation:
4.0 / 5 — The combination of professional high-quality photos and condition videos is a strong indication of reliability and transparency for the item’s physical status, which is pretty good and reliable.
Unlike a standard text report, Lloyds provides a detailed video of the condition of the vehicle, which is excellent for assessing the exterior, interior, and often a cold start/brief run.
4.0 / 5 — The video format is often more reliable than a subjective text report, providing real-time visual proof of the vehicle’s condition.
The buyer’s premium charged is 16.5%.
1.0 / 5 — This is an exceptionally high percentage-based premium for an auction house, adding a significant margin to the hammer price. It is substantially higher than industry competitors, especially for vehicles.
Google Reviews Calculation:
• 3.6 × 260 = 936.0
• 3.9 × 319 = 1,244.1
• 4.1 × 2,107 = 8,638.7
• 3.8 × 20 = 76.0
• 4.7 × 649 = 3,050.3
• 3.5 × 114 = 399.0
• 3.9 × 10 = 39.0
• Trustpilot: 2.5 × 7 = 17.5
Total weighted score: 14,400.6
Total reviews: 3,486
Final Weighted Rating: 2.33 / 5
Overall Rating: 2.9 / 5 — Lloyds excels in item presentation (images/video) and platform usability. However, the extremely high Buyer’s Premium (16.5%) combined with the severe, recurring customer complaints regarding post-sale incompetence (non-delivery, title delays, payment delays to sellers) prevents a reliable high score. Buyers face a high financial hurdle and a significant operational risk after the sale.
• Auction Time: Over 35 different auction events held regularly each week.
Lloyds Auction House operates both online and physical auctions, giving buyers the flexibility to bid in person or through their digital platform.
Item condition at Lloyds Auction House describes the current state of the vehicle or product, based on inspection reports, photos, and descriptions. Most items are sold “as is,” so buyers should review details carefully before bidding.
Yes, Lloyds Auction House allows inspections. Buyers can attend viewing days at auction locations or check detailed online listings with photos and reports before placing a bid.
Vehicles at Lloyds Auction House are generally sold without warranty and offered “as is.” Buyers are responsible for assessing condition and repairs, though extended warranties may be available separately through third-party providers.
