We buy any car devaluation

motorguy

fred246 said:

They've just emailed me. If I don't accept their offer of £50 in the next 24 hours the offer will be withdrawn. I find it crazy that they will give me £50 for a car that a dealer would then sell for £2K.

Why not ring them up and give them your monologue about how you've had it for 15 years, you spanner it yourself because you dont trust anyone else to do it, your dad gave you some note about how you must stay away from dealers to give to the breakdown company, etc, etc.  I'm sure they'll add +£'s to the value when they hear all that.

Scrapit

fred246 said:

They've just emailed me. If I don't accept their offer of £50 in the next 24 hours the offer will be withdrawn. I find it crazy that they will give me £50 for a car that a dealer would then sell for £2K.

Sounds like a heap thats worth scrap only. Keep it or sell it but either way don't expect to get rich.

[Deleted User]

motorguy said:

fred246 said:

They've just emailed me. If I don't accept their offer of £50 in the next 24 hours the offer will be withdrawn. I find it crazy that they will give me £50 for a car that a dealer would then sell for £2K.

Why not ring them up and give them your monologue about how you've had it for 15 years, you spanner it yourself because you dont trust anyone else to do it, your dad gave you some note about how you must stay away from dealers to give to the breakdown company, etc, etc.  I'm sure they'll add +£'s to the value when they hear all that.

Come on be fair if Fred includes the links to the YouTube videos they'll pay him £2000 for the comedy value.

fred246

Scrapit said:

fred246 said:

They've just emailed me. If I don't accept their offer of £50 in the next 24 hours the offer will be withdrawn. I find it crazy that they will give me £50 for a car that a dealer would then sell for £2K.

Sounds like a heap thats worth scrap only. Keep it or sell it but either way don't expect to get rich.

You say it sounds like a heap because I have been offered £50 for it. It's better than the used car dealers are charging £2.5K for. If I advertise it for £1000 on ebay people will think it is worse than those offered by the dealers but it's actually much better. There are no private sellers on ebay. On Autotrader there are 10 times the number of trade cars than private sales. I thought with the internet the used car salesman would be cut out but the opposite seems to have happened.

Scrapit

fred246 said:

Scrapit said:

fred246 said:

They've just emailed me. If I don't accept their offer of £50 in the next 24 hours the offer will be withdrawn. I find it crazy that they will give me £50 for a car that a dealer would then sell for £2K.

Sounds like a heap thats worth scrap only. Keep it or sell it but either way don't expect to get rich.

You say it sounds like a heap because I have been offered £50 for it. It's better than the used car dealers are charging £2.5K for. If I advertise it for £1000 on ebay people will think it is worse than those offered by the dealers but it's actually much better. There are no private sellers on ebay. On Autotrader there are 10 times the number of trade cars than private sales. I thought with the internet the used car salesman would be cut out but the opposite seems to have happened.

To be fair the 2.5k car sounds like a heap too. And by no private sellers on eBay do you mean of your make and model?

The_Rainmaker

Anything a small dealer is selling for £2.5k I would be valuing at +/-£500.

Can you not take the hint WBAC don't want your heap because of lockdown' as they have limited means of disposing at this time.

Mercdriver

The problem is that Fred thinks he is Ed China.

[Deleted User]

Mercdriver said:

The problem is that Fred thinks he is Ed China.

In reality he's not even Mike Brewer.

Herzlos

Deleted_User said:

I suspect they are just ‘trade in’ prices? 

You are paying for the convenience 

onlyfoolsandparking said:

Moral of the story is I guess if you cant be ar**d dealing with tyre kickers, chancers, time wasters and dreamers and your not bothered about money like the millionaire Schofield that advertises them then WBAC could be for you.  

That's literally their benefit and what they advertise - a quick and easy sale. They even say something like "Sure, you could get more for it privately, but do you want the hassle?".

Anything more than 6 years old goes to auction so they'll offer bottom end auction value, anything under goes to their showrooms (they are owned by one of the car superstores), so they'll offer a bit more. £50 is the lowest they'll offer and is the sod off price. After the buying fees they are basically just taking it away from you.

I've used them before and they were pretty fair - some money was knocked off (as would any dealer) and the payment turned up in a few days. I tend to just use them as an idea of trade-in value now as I can't be bothered with the hassle of needing to get 2 trains home afterwards.

A £2.5k car from a dealer was probably traded in for about £500 - they need at least a £1k margin (probably more due to the higher liabilities).

If you actually think your car is worth more than a dealer car with a paper history, then list it for the same price and see what happens. When no-one bits, knock £1k off, then again.

Car_54

Anything more than 6 years old goes to auction so they'll offer bottom end auction value, anything under goes to their showrooms (they are owned by one of the car superstores),

Now owned by British Car Auctions.