We Buy Any Car & car purchase question

FreddieFrugal

Hello all as per my other Thread asking for car suggestions I'm looking into replacing one of our cars.

I looked at valuation today and the quote I got from WBAC was £3000 - I don't know if they are able to see the options that were included when the car was originally bought (it's Fiat 500 Pop trim - but with AC, leather seats and alloy wheels added) - but that's £400-500 more than the Part Exchange valuation I've found on WiseBuyers and AutoTrader.

So I'm tempted to try them - car is in good condition inside and out, no problems, no external scratches or dents and I've got the Full Service history from new.


What I'm a little confused about is the process I'd go through to sell the car and then buy another - specifically with regard to insurance.

It's the timing that I'm unsure of.

If I sell our car - cancel current insurance policy and receive refund minus admin cost - then purchase new insurance for new car - that will cost us in admin and lost no claims.

If I notify insurer that the car has changed there may or may not be a charge depending on insurance group - however doesn't that require the two cars to have swapped at the same time (as it would be with P/Xing)


Basically I'm confused - what is the best way to sort out insuring the cars if you're not buying the replacement car at the same time as selling the older one?

Thanks

unforeseen

Most insurers allow a gap between sale of one vehicle and purchase of the next without the policy being cancelled. Talk to them

DO NOT leave your insurance in your old cars registration after you have sold it.

loskie

also try the car buying group(TCBG), they gave me a better price for my V50, came to my office, inspected and paid(BACS) for the car and no added fees.
I preferred this business model, basic appraisal online followed by a phone call. Then the chap came to me and inspected, paid and removed it once the payment had cleared. From online enquiry to payment in 3 or 4 days. I preferred it to WBAC cos if you go to them they have you over a barrel the fact that TCBG come to you shows commitment to buy at the agreed price on their part.
Mine was a 6yr old 130000m Volvo V50. Uplifted from me in SW Scotland.

FreddieFrugal

Thanks for the advice. I had a quick look at TCBG but their valuation was lower than the part exchange valuation I got earlier - and nearly £700 lower than WBAC

The nearest WBAC is only a few miles away so not a problem there. Can see how the collection would be handy for people living more remotely!

Trapdoor

I sold my Evoque through WBAC. They offered almost £2k more than the trade-in offer by the supplying dealer.

However, you need to be fully clued up and prepared otherwise WBAC WILL systematically reduce the offer price as they go over the car, and in fact to much more of an extent than if you had declared any issues on the on-line valuation. They hit me £200 off the price because of a couple of almost invisible stone chips on one wheel arch and tried it on with a couple of other ‘chips’ that I pointed out were just tar spots (after I rubbed them off).

The bloke who had an appointment before mine had almost 50% knocked off the price of his car (can’t remember what it was), but apparently he hadn’t disclosed any of the chips or scratches because he appraised his car through rose-tinted specs. Be brutal not sentimental.

Another thing that really surprised me was that they are much more 8nterested in the exterior of the car rather than the interior and in my case didn’t go over the interior much at all. Of course any rips or burns in the seats/dash etc they will kick you for.

Despite the bad press read about WBAC, they certainly offered the most and actually paid out the most. It surprised me as it was a £26k car that the dealer offered an insulting trade in on, and yes, I could have got more money selling privately but didn’t want the Tyre kickers and scammers mucking with my pride and joy and it took no more than half an hour to secure a deal to beat the dealer.

But again, I need to reiterate just how important it is you are critically honest over the condition of your car before making the visit, otherwise you will find you are systematically knocked down for every little defect.

HTH

missile

Another vote for WBAC. Paid me more than the main dealer offered as a trade in on a new car!

Shakin_Steve

Trapdoor wrote: »

I sold my Evoque through WBAC. They offered almost £2k more than the trade-in offer by the supplying dealer.

However, you need to be fully clued up and prepared otherwise WBAC WILL systematically reduce the offer price as they go over the car, and in fact to much more of an extent than if you had declared any issues on the on-line valuation. They hit me £200 off the price because of a couple of almost invisible stone chips on one wheel arch and tried it on with a couple of other ‘chips’ that I pointed out were just tar spots (after I rubbed them off).

The bloke who had an appointment before mine had almost 50% knocked off the price of his car (can’t remember what it was), but apparently he hadn’t disclosed any of the chips or scratches because he appraised his car through rose-tinted specs. Be brutal not sentimental.

Another thing that really surprised me was that they are much more 8nterested in the exterior of the car rather than the interior and in my case didn’t go over the interior much at all. Of course any rips or burns in the seats/dash etc they will kick you for.

Despite the bad press read about WBAC, they certainly offered the most and actually paid out the most. It surprised me as it was a £26k car that the dealer offered an insulting trade in on, and yes, I could have got more money selling privately but didn’t want the Tyre kickers and scammers mucking with my pride and joy and it took no more than half an hour to secure a deal to beat the dealer.

But again, I need to reiterate just how important it is you are critically honest over the condition of your car before making the visit, otherwise you will find you are systematically knocked down for every little defect.

HTH

I agree with what you’re saying, but if you think they’re being over critical, walk away. I did...and they soon called me back.