Is there a market for £20k Privately sold BMW's ?
Discussion
As in 320d's. Trying to sell mine currently which is at the lower end of the pricing scale I found on Parkers and some other valuation sites pitched at £20k but Im wondering if I am wasting my time (and money) advertising it as most BMWs like this will be purchased on finance PCP (like I did!) and should just take a £2000 loss by selling it to these we buy your car websites.
If WBAC are 2k less than what you could reasonably expect to get for it privately, then in your position I would run it privately, and give it a go.
I have only one firsthand experience of WBAC and they paid 2k more than best trade in (p/ex) offer, £500 more than the next best offer and the price was above top book (trade in) for the car and close to the best I would have expected privately; not that there were any takers.
Dealer offer 13,000
Top book 14,800
Best other offers 14,400
Private aim £15,250
WBAC 14,900
Their prices, they say, are determined by what the cars go for at auction and there were fluctuations, so it's worth regularly checking their offers. And if you get a good enough one, and can sell, make the appointment.
I have only one firsthand experience of WBAC and they paid 2k more than best trade in (p/ex) offer, £500 more than the next best offer and the price was above top book (trade in) for the car and close to the best I would have expected privately; not that there were any takers.
Dealer offer 13,000
Top book 14,800
Best other offers 14,400
Private aim £15,250
WBAC 14,900
Their prices, they say, are determined by what the cars go for at auction and there were fluctuations, so it's worth regularly checking their offers. And if you get a good enough one, and can sell, make the appointment.
Thanks
I may make an appointment with them to see what they actually offer. Ive heard the stories about knit picking at every little stone chip etc.
Valuations estimated between £20k and £22k. WBAC was about £17500. Another buy your car website offered about £18700 but I can see that creeping down. One offered £16500....
I may make an appointment with them to see what they actually offer. Ive heard the stories about knit picking at every little stone chip etc.
Valuations estimated between £20k and £22k. WBAC was about £17500. Another buy your car website offered about £18700 but I can see that creeping down. One offered £16500....
Trailhead said:
If you make your we buy any car appointment through top cashback you get £20 for attending the valuation and £52 if you end up selling it to them.
What's the spec and details of the car?
Cheers ill have a look at that!What's the spec and details of the car?
2012 - 12 - 320d Sport Plus manual. 'Standard' Sport Plus spec (so doesnt have keyless or DAB, but does have heated seats, cruise, satnav, bluetooth and allsorts of other stuff on it). Black Sapphire, Coral Red. 18700miles. FBMWSH. Condition is almost mint - there's a stonechip on the bonnet and driver seat bolster has wear on the seam from the previous owner. (Im 2nd).
MikeGoodwin said:
Thanks
I may make an appointment with them to see what they actually offer. Ive heard the stories about knit picking at every little stone chip etc.
Valuations estimated between £20k and £22k. WBAC was about £17500. Another buy your car website offered about £18700 but I can see that creeping down. One offered £16500....
I guess each of their buyers could be different, but the one I met did look at bodywork which was good (actually he missed a slightly marked alloy) but paid more attention to driving the car around compound, state of tyres (must be 3mm or more) and looking and listening to engine. He said their ethos is not to be typically motor trade, and be very customer focused with many buyers, as he, not from motor trade backgrounds. I may make an appointment with them to see what they actually offer. Ive heard the stories about knit picking at every little stone chip etc.
Valuations estimated between £20k and £22k. WBAC was about £17500. Another buy your car website offered about £18700 but I can see that creeping down. One offered £16500....
And to be fair, valuation on the day was 300£ higher than the one I had gone to explore, and this was mentioned /visible in total transparency. In fact it's a very automated system with any adjustments visible.
I did have an experience with trade my motor and they were keen to knock down price. very different experience. Much more like a car dealer with more typical negotiating.
WBAC are owned by BAC auctions and that's where the car went, bought by a dealer (after WBAC put the new tyres on) and last time I checked dealer was selling it for 17,500£
MikeGoodwin said:
Cheers ill have a look at that!
2012 - 12 - 320d Sport Plus manual. 'Standard' Sport Plus spec (so doesnt have keyless or DAB, but does have heated seats, cruise, satnav, bluetooth and allsorts of other stuff on it). Black Sapphire, Coral Red. 18700miles. FBMWSH. Condition is almost mint - there's a stonechip on the bonnet and driver seat bolster has wear on the seam from the previous owner. (Im 2nd).
You could sort that for £20 with a touch up stick and a liquid leather kit, they'll knock more than £20 off the valuation!2012 - 12 - 320d Sport Plus manual. 'Standard' Sport Plus spec (so doesnt have keyless or DAB, but does have heated seats, cruise, satnav, bluetooth and allsorts of other stuff on it). Black Sapphire, Coral Red. 18700miles. FBMWSH. Condition is almost mint - there's a stonechip on the bonnet and driver seat bolster has wear on the seam from the previous owner. (Im 2nd).
I have sold a 3yr old 5 series touring and 5 year old X5 privately via autotrader in the past three years; both around £19k;
I had BMW warranties on both so that helped probably, but I asked £750 less than a franchise dealer and got at least £1500 more than WBAC
£50 to advertise and not too many moron tyre-kickers rang. Both went in two weeks
I had BMW warranties on both so that helped probably, but I asked £750 less than a franchise dealer and got at least £1500 more than WBAC
£50 to advertise and not too many moron tyre-kickers rang. Both went in two weeks
I recently had a very good experience with WBAC - so long as you are honest with your valuation they will pay the price they say. It saved me dealing with the numpties who try to offer 50% of your asking, thinking they are doing you a favour "for cash". The next person who says "for cash" when buying a car from me will get told to f-off regardless of their offer.
nickfrog said:
MikeGoodwin said:
I actively dislike BMW as a brand now
I don't like the brand either. I quite like some of the products though. Each to their own.I've sold three bmers between 18500 to 25500. They have usually taken around 4-5 weeks to sell. Key thing is as always the price. It needs to be realistic for a private seller.
Not sure about the f30/f31 yet, but the E63 was one of the best cars I've ever owned - the vag, jags and merc cars are all very good but the bmers have them on performance, ride, handling and feel - quality is not bad if you are careful on the interior/exterior options.
WBAC are getting better, the last car sale should have gone that way for all the effort and cost I put in, I only gained another £300 over them.
Not sure about the f30/f31 yet, but the E63 was one of the best cars I've ever owned - the vag, jags and merc cars are all very good but the bmers have them on performance, ride, handling and feel - quality is not bad if you are careful on the interior/exterior options.
WBAC are getting better, the last car sale should have gone that way for all the effort and cost I put in, I only gained another £300 over them.
Gassing Station | BMW General | Top of Page | What's New | My Stuff