Showroom Car Value as Opposed to webuyanycar

Webuyanycar.com value a car I'm interested in at a BMW garage at £4900 but they are selling it for £8000. That seems high?
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  • glentoran99
    glentoran99 Posts: 5,825 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    Don't use webuyanycar for valuation, try glass's guide
  • Herzlos
    Herzlos Posts: 15,673 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Sounds about right. WBAC will offer you the bottom end trade in on it, as they'll fire it straight into auction.
  • EssexExile
    EssexExile Posts: 6,415 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    Everyone from Webuyanycar to the dealer will want a profit, that's where the other £3000 goes.
    Tall, dark & handsome. Well two out of three ain't bad.
  • burlington6
    burlington6 Posts: 2,111 Forumite
    1,000 Posts Combo Breaker
    edited 10 February 2016 at 3:17PM
    As said on your other thread,

    Do you do your job for free?

    Do you get your fuel, shopping, electrical items direct from the supplier?

    The business will have overheads to pay. They are there to offer a service. If you don't want to pay it buy off a private seller for less.
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    This seems to be happening quite often of late...
    https://forums.moneysavingexpert.com/discussion/5409807
  • foxy-stoat
    foxy-stoat Posts: 6,879 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    williamc10 wrote: »
    That seems high?

    Seems, this seems to be a waste of my time...that is 900 nicka in any shop your luckly enough to find one in and your complaining about 200....what school of finance did you study....its a deal....its a steal...its sale of the fuc........

    You know !!!!
  • loskie
    loskie Posts: 1,761 Forumite
    Part of the Furniture 1,000 Posts
    why are you posting twice?
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    loskie wrote: »
    why are you posting twice?
    Maybe he thinks he'll get answers he prefers in the other thread.
  • So if the dealer buys from BCA Auctions (who owns WBAC), they may pay the price offered by WBAC or more. Plus the buyer's fee. Then they need to get the car delivered to the dealership. Prep, any mechanical issues to be rectified, MOT, any work needed to be done to pass the MOT, valet, cost of warranty, vat.

    All of the above comes at a price (parts plus labour). Plus the salesperson's wages. Plus the cost of maintaining the dealership plus profit.

    What do you expect is fair for a £4900 sold at WBAC car to be sold at a dealership???
  • WBAC pay less than the hammer price.

    The difference is though that the dealer has got one for sale and WBAC haven't.

    The best thing the OP can do is buy one at auction...and best of luck with that, they will skin an amateur private buyer alive.

    The best guide to car prices is NOT glass, CAP, WBAC or parkers.

    It's do a search on auto trader for the same thing and see what they are asking...but bear in mind there are 3 or more markets on auto trader, in order from cheapest to dearest

    Fly by night kerbside dealers selling cat c/d or clocked cars with major hidden faults/ doctored history
    Private sellers, varying from completely genuine to as bad as above
    sub prime dealers selling 'not quite good enough for a main dealer' cars due to non franchise servicing, lots of previous paintwork, unwanted specs/ colours etc
    Full main dealers selling the better quality used examples franchise only servicing, lower miles, a service before sale, etc


    so you need to careful.
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