Wildly different car valuations - Autotrader vs Whatcar

Wildly different car valuations - Autotrader vs Whatcar

Author
Discussion

Erudite geezer

Original Poster:

576 posts

121 months

Monday 29th August 2016
quotequote all
Put in a registration and mileage for a 2011 BMW 5 series touring, 93,000 miles into 2 web locii: autotrader.co.uk & whatcar.com and got 2 massively different valuations for a private sale:

£12,310 from autotrader
£17,445 from whatcar

What the juddery feck is that all about?

Matt UK

17,698 posts

200 months

Monday 29th August 2016
quotequote all
It might mean that there isn't a confirmed value for a used car.

Erudite geezer

Original Poster:

576 posts

121 months

Monday 29th August 2016
quotequote all
Hello byebye.

I remember you from jaguarforum.co.uk

Still got the X350?

Loved mine.

Matt UK

17,698 posts

200 months

Tuesday 30th August 2016
quotequote all
Hello chap, not got it anymore but definitely a motoring highlight, glad I owned it.

Put the details into we buy any car, that should give you a base 'trade value'.

Anything else just comes down to who wants it on any particular day!!

Are the different values you gave like for like? (ie trade in / retail)

qska

449 posts

129 months

Tuesday 30th August 2016
quotequote all
I'd go with the Autotrader figures, tbh.

I ran my cars via both, and Autotrader figures are much more realistic.

It's possible to achieve a few percent over the AT figures though, if a car's in good enough condition, mind.

HTH

Adz The Rat

14,082 posts

209 months

Tuesday 30th August 2016
quotequote all
Seeing as neither of the websites giving the values will actually buy the car from you, they are pretty pointless.
You will get a better value by using WBAC or going to a dealer.

Elroy Blue

8,688 posts

192 months

Tuesday 30th August 2016
quotequote all
My last car, WBAC offered £800 more than the dealer p/x figure. (That's a confirmed figure). I was pleasantly surprised.

KTF

9,805 posts

150 months

Tuesday 30th August 2016
quotequote all
Whatcar uses CAP as a guide. Autotrader bases it on the listings of the cars for sale on their site and transaction price.

Matt UK

17,698 posts

200 months

Tuesday 30th August 2016
quotequote all
KTF said:
Whatcar uses CAP as a guide. Autotrader bases it on the listings of the cars for sale on their site and transaction price.
How does AT know the transaction prices?

(Genuine question btw)

KTF

9,805 posts

150 months

Tuesday 30th August 2016
quotequote all
My bad, its not the transaction price, just the data from the auctions.

Auto Trader
- Over 500,000 used car listings analysed every day

Dealer Websites
- Pricing data from over 4,500 car dealership websites

Car Auctions
- Price data from all the major car auctions

Fleet and Leasing
- Information on fleet and leasing disposal prices

Source: http://www.autotrader.co.uk/car-valuation

R E S T E C P

660 posts

105 months

Tuesday 30th August 2016
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Just checked for a car I recently sold

WBAC was £6,500
Money4YourMotors was £7,000
AutoTrader private was £8,060

Sale price was £8,000

WhatCar is £11,510..... Yeah... I don't think so!

fivepointnine

708 posts

114 months

Tuesday 30th August 2016
quotequote all
well I have found WBAC values to be way off base, especially on the lower price end and more specialty cars.
Seems like you get a good price from them if your car is diesel and German, anything else, forget it.

WBAC said my Clio 182 was worth £400 or so
Autotrader recommended private price was $1400
I sold it for £1850 to the first person that viewed it, had it advertised on a FB cliosport page and gumtree.

caelite

4,274 posts

112 months

Tuesday 30th August 2016
quotequote all
Adz The Rat said:
Seeing as neither of the websites giving the values will actually buy the car from you, they are pretty pointless.
You will get a better value by using WBAC or going to a dealer.
WBAC is entirely useless in my experience, especially for old/cheap stuff. Currently have a car autotrader values at £1800 that ive seen sell up to £3000 for imaculate examples (mine isnt im selling for £2000). WBAC offer: £165... yes the 0 IS missing.

R E S T E C P

660 posts

105 months

Tuesday 30th August 2016
quotequote all
caelite said:
WBAC is entirely useless in my experience, especially for old/cheap stuff
They have to put their money where their mouth is, so they're only going to offer decent prices for very common cars that they have evidence will sell for more at auction.
3 year old cars go through auction all the time, so they know what to offer. They don't want to take a risk on an older/less popular car, but as they buy ANY car they have to offer you something.

I found my4m.com is better in most cases, but there are many cars they refuse to buy.

steve-5snwi

8,665 posts

93 months

Tuesday 30th August 2016
quotequote all
If wbac offer strong money then it's in demand, autotrader is getting closer to cap, however it's retail prices are a little bit off. It seems to encourage private people to list the cars above main dealer prices.

usedcarguy

8 posts

77 months

Monday 27th November 2017
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Softwares always throw back odd results for car values.

I use Autotrader to see how much comparative cars are selling for. 100 mile radius, same make, model, number of doors, mileage etc. Usually the first 5 pages is where I need my car to be if I'm gonna sell it privately.

Here's a cool autotrader valuation guide, manual approach.

Cheers.