Screen Shot 2015-01-01 at 12.21.54 AM

If you live in the UK and have been wanting to get your hands on some killer Apple deals, now may be your chance. UK retailer Phones4U is entering administration – aka bankruptcy – and as a result is liquidating its entire stock of products, including iPhones, iPads, and Beats headphones.

Phones4U has tapped John Pye Auctions to handle the liquidation of the 600,000 unit stock, equivalent to £10.8 million. Bidding is now available online in the UK and internationally. Items can only be bid on individually, and not grouped, which benefits us individuals rather than wholesalers.

Bidding on the auction through John Pye ends Tuesday, January 6, 2015. If you live in the UK and want to see the items in-person, the auction house is hosting a public showing on Monday, January 5, 2015 from 10am to 2pm at its warehouse in Staffordshire.

John Pye is making bidding available to customers in the US, however will not be shipping international. Buyers will have to arrange their own shipping or pick-up the items in person. While there’s still days left of bidding, prices are currently extremely low. Beats by Dr. Dre headphones are priced at £57, and Apple’s iPad mini is priced at less than £100.

Obviously with time these bid prices will go up, but if you get lucky you may be able to snag some new Apple products considerably under typical retail prices. If you live in the US, you could arrange a courier like DHL to handle the shipping.

Phones4U was once a large UK retailer, but after network giants EE, Vodafone, Orange, and O2 terminated their contracts with the company in 2014, its business could no longer chug along.

[Phones4U Auction House via MacRumors]

  • Derp

    No point bidding. You won’t get a bargain. They will all probably sell for close to retail value by the time the auction ends. Saving will be extremely minimal. Maybe £10 difference.

    • Virus

      yeah could probably get cheaper else where with a discount code

    • TJ

      Some people are already paying more than RRP by the looks of it lol Don’t think they’ve factored in 20% on top of the bid price and then 20% VAT.

  • Anthony

    Agree with Derp – all the headline stuff (ipad/iphone/beats gear) is already climbing up in price so the savings will be tiny.

    Add in the fact that the bid price will need to have VAT added (20%) and Buyer’s Premium (15-20%, though all I looked at were 20%), plus then another 2.5% fee for credit cards (though that can be avoided by using debit card, cash, etc.).

    My reading is that you add BP and then VAT on the larger amount – so that is 44% (or 47.6% if paying by credit card) on top of the base bid price. Goods need to be collected – shipping isn’t offered, though you can pay for your own courier to collect it (at your own cost, obviously).

    Some of the ipad mini are going for £135 already, which is £194.40 or £199.26 depending on payment method. Compare that to a £199 RRP and the deal is rather poor, given goods are “sold as seen” and delivery needs to be factored in.

    I get the feeling a lot of people are going to get their fingers burnt on this one, a final fu from phones4u..

  • Benjamin J Schwartz

    600,000 products valued at £10.8 million averages to £18 per item. There may be a few iPad but the vast majority of their stock must be cheap (less than £10 on average). So basically they have a small supply of apple gear, and as always happens St auctions the prices skyrocket. On top of that the cost of hiring a shopping service and this 40% tax (or whatever they call it) will end up costing more than retail price stateside. It just isn’t worth it.