Part Exchange Value?

Dick_Van_Dyke

1jim wrote: »

I agree, they are a business, they should be able to make profit....what they should not be able to do is offer a certain amount for your car just to get you in to the centre but have no intention of offering you the amount they said. Deception comes to mind!
If the car owner has been honest about the car and its condition then the offer on the website should be binding and any change in offer should be fully justified

It is not deception. People are free to accept/decline the offers.
I would also guarantee that the majority of online quotes are inherently flawed due to almost everyone overrating the standard of their car.

Cars may routinely get chips/scratches but If I am buying a car I want them fixed. Why would webuyanycar be any different given it comes out of their profit margin if they dont.

ahillsy

!!!!!!_Van_Dyke wrote: »

Interesting in what way?

They are a business out to make a profit.
If your buying a car and it doesnt have keys, FSH or have worn tyres, chips etc you pay less. Why would webuyanycar be any different.

Also from their average £590 offer below book value you have to include all costs therefore the profit margin on each car isnt exactly massive.

Overall it just convinced me that webuyanycar get a bad press from peoplee who seem to think there charity out there who want to have a warehouse of negative equity cars

They would make a profit without being deliberately deceptive like they are. They may not be a charity, but you're forgetting that neither are the customers being ripped off. A £590 drop in value means a lot more to an individual (esp. one in real need of money for reasons of having lost their job etc) that it would to an unethical company.

If a car goes in to be valued after an online quote and has valid things that devalue it, fair enough. But that's different to knowing full well that the online offer won't be honoured, and pushing for high devaluations across the board is a bit cowboy like - I can almost hear the spurs clinking now - yeehaw.

Personally, if I went along and got offered a lot less when I turned up in person I'd walk. So it is to some extent down to people to be aware and not be taken in by the sleazy salesman tactics.

It sounds like you'd be happy to swallow it and lose out money on your car if you were to use them - maybe get a warm feeling inside from knowing that OK, you've lost out on £xxx, but at least webuyanycar will make a *bigger* profit.

Dick_Van_Dyke

ahillsy wrote: »

They would make a profit without being deliberately deceptive like they are. They may not be a charity, but you're forgetting that neither are the customers being ripped off. A £590 drop in value means a lot more to an individual (esp. one in real need of money for reasons of having lost their job etc) that it would to an unethical company.

If a car goes in to be valued after an online quote and has valid things that devalue it, fair enough. But that's different to knowing full well that the online offer won't be honoured, and pushing for high devaluations across the board is a bit cowboy like - I can almost hear the spurs clinking now - yeehaw.

Personally, if I went along and got offered a lot less when I turned up in person I'd walk. So it is to some extent down to people to be aware and not be taken in by the sleazy salesman tactics.

It sounds like you'd be happy to swallow it and lose out money on your car if you were to use them - maybe get a warm feeling inside from knowing that OK, you've lost out on £xxx, but at least webuyanycar will make a *bigger* profit.

If I chose to use them then I would because its clearly a quick and convenient sale as opposed to top price sale.

Out of their £590 on each car they have to run a premise, pay staff, pay tax, pay VAT, pay for any work done to make the car saleable, auction/dealer fees and then to comply with the SOGA etc once its sold.

ahillsy

But don't forget, it's (on average) a FURTHER £590 on each car, on top the profit they would have made anyway from the online quote (assuming car is as described of course). Plus, they already offer to the low end of the car industry's recognised value on it anyway. So all in all, they'd be making quite a bit on each car.

cyclonebri1

So why would anyone who wasn't desparate, in capitals, deal with i b..an..ar.sht??

aqueoushumour01

most people who would sell to these guys know that their cars are sheds. Then these are being churned out to unsuspecting customers for a big mark up.

emmell

I put my reg. in just out of curiosity as I was toying with the idea of selling. I got what I thought to be rather a high valuation (I was tempted).
I knew about the so called "sharp practises" employed by their staff, but my car is in exceptional condition for the year, and if I could have bothered I would have liked to have taken it for appraisal just to see what faults they could find.
In truth I wouldn't risk going incase they offered near on the website quote as I would have been tempted by circa £9k, but, they may not have wanted my car because according to a few posters they have been able to offload a pile of crap and walked away with loads of money, in effect, pulling the wool over wbac.coms eyes.
So who is telling the truth?
ML.

cyclonebri1

emmell wrote: »

I put my reg. in just out of curiosity as I was toying with the idea of selling. I got what I thought to be rather a high valuation (I was tempted).
I knew about the so called "sharp practises" employed by their staff, but my car is in exceptional condition for the year, and if I could have bothered I would have liked to have taken it for appraisal just to see what faults they could find.
In truth I wouldn't risk going incase they offered near on the website quote as I would have been tempted by circa £9k, but, they may not have wanted my car because according to a few posters they have been able to offload a pile of crap and walked away with loads of money, in effect, pulling the wool over wbac.coms eyes.
So who is telling the truth?
ML.

We all are, people will do this, and they will make allowances in the pricing.

If you call yourself we buy any car, then you are asking for an input of crap in my view;)

Inactive

Surely the TV advert gives us all a clue to what type of outfit this is.:(