Car Prices... what the...

motorguy

dipsomaniac said:

Herzlos said:

dipsomaniac said:

Jenni_D said:

If your car is valued in the £200 range then, by definition, it is far from "perfect". 🙄

It's road worthy and starts every morning - that's all that matters to me😀

But it has essentially no value to anyone else, or WBAC would be offering more than £150 on it. It's got nowhere to go.

And that must be the case, since I'm getting WBAC quotes of £6500 on a 7 year old Skoda.

WBAC algorithm doesn't factor in common sense or vanity

Its about value at auction minus their profit margin minus their costs.  

A £150 valuation of your car isnt to be taken personally.

dipsomaniac

WBAC = BCA

dipsomaniac

As you know I don't take it personally🙂

A neighbour knocked on my door the other night to tell me a taxi had reversed in to my car. On inspection it was only a scratch so didn't matter.

little_green

Grumpy_chap said:

little_green said:

the new car I Iike is around 23k brand new & 17-20k for 1/2 years old .

Check online brokers as you may be able to get brand new very close to that 1/2 years old price.  Not sure what type of car you are actually considering.

kia ceed gt line 

other cars i'd also consider: 
mk7 golf
mk 8 focus st line 


but it has to be at least 1.4 engine 

little_green

ontheroad1970 said:

little_green said:

Herzlos said:

There are some great deals if you want to trade a used car in for an new one, or if you want to downgrade drastically.

But for anyone wanting to upgrade used to used it's a bad move.

What deals specifically & why is used to used bad. I ask bc that's the move I'm about to make so need spoken out of it if it's a bad move lol

Look not just at what you will get for yours but the 'cost to change'.  That's the most important figure.

what do you mean? like the difference in price incl other factors such as RT & insurance

Grumpy_chap

little_green said:

ontheroad1970 said:

Look not just at what you will get for yours but the 'cost to change'.  That's the most important figure.

what do you mean? like the difference in price incl other factors such as RT & insurance

"Cost to change" refers to the cost to buy the new car less what you get for your old car. 

On a like-for-like basis, it is easy for a Dealer to offer either a low price on the new car or a fantastic trade-in.  Very difficult to offer both.

You sell your old car for £X.
You buy the new car for £Y.
The difference £Y - £X = £Z.
You want £Z as low as possible.

little_green said:

but it has to be at least 1.4 engine 

Why?
Some of the modern 1 litre cars are quite powerful.  My wife's 1.0 litre Fiesta has 125 BHP versus my 1.6 Focus at 99 BHP.

little_green

Grumpy_chap said:

little_green said:

ontheroad1970 said:

Look not just at what you will get for yours but the 'cost to change'.  That's the most important figure.

what do you mean? like the difference in price incl other factors such as RT & insurance

"Cost to change" refers to the cost to buy the new car less what you get for your old car. 

On a like-for-like basis, it is easy for a Dealer to offer either a low price on the new car or a fantastic trade-in.  Very difficult to offer both.

You sell your old car for £X.
You buy the new car for £Y.
The difference £Y - £X = £Z.
You want £Z as low as possible.

little_green said:

but it has to be at least 1.4 engine 

Why?
Some of the modern 1 litre cars are quite powerful.  My wife's 1.0 litre Fiesta has 125 BHP versus my 1.6 Focus at 99 BHP.

Yeh of course want the least difference but like I said the cars I want are upwards of 17k most likely (except the clip rs if I go 5/6 years old)  and I'll be lucky to get 3 for mine. 


I'll also add to my choices:

Hyundai i30n
Hyundai i20

Renault clio RS 
Renault Mégane RS

Re power I have a 1.4T just now and like the "power" of it lol I know not powerful I don't need something super powerful wouldn't want over a 2 litre anyway I've had a 1.4 without the turbo before & I definitely notice a big difference at just how fast it accelerates like for overtaking etc it's like that little boost in mario kart lol

facade

dipsomaniac said:

WBAC = BCA

WBAC=BCA=Cinch

The newer ones that just need a wipe over with a damp cloth get cherrypicked for Cinch, the older ones and the ones needing a bit more work go to auction.

ex-pat_scot

My knackered old Discovery sold on WBAC for about £1650 if I recall.
I then spotted it a fortnight later on FB being broken for spares.
WBAC had trailered it straight to BCA, where it was bought for £2000 by a breaker.
The FB thread looked like a feeding frenzy - hundreds of posts chasing for everything from trim to seats to panels to engine parts. The guy will have made a good amount from breaking, and I'm delighted that after 250,000 miles the car was pretty much 100% recycled and he got a profit out of it.

I did briefly consider breaking it myself, but I couldn't face the mess and admin.

facade

ex-pat_scot said:

My knackered old Discovery sold on WBAC for about £1650 if I recall.
I then spotted it a fortnight later on FB being broken for spares.
WBAC had trailered it straight to BCA, where it was bought for £2000 by a breaker.
The FB thread looked like a feeding frenzy - hundreds of posts chasing for everything from trim to seats to panels to engine parts. The guy will have made a good amount from breaking, and I'm delighted that after 250,000 miles the car was pretty much 100% recycled and he got a profit out of it.

I did briefly consider breaking it myself, but I couldn't face the mess and admin.

In the days before Landrover prices gained an extra zero, I sold my RangeRover as a runner with MOT, for what I could have sold the gearbox and axles for.  If I'd broken it for spares, I'd have sold the axles, gearbox, tailgate and a few trim parts, then been stuck with the rest for years, or have to pay to get it removed.

I occasionally wish I'd kept it, but the reason I got rid was that I was sweeping too much of the body up off the drive, and that was 15 or more years ago.