Westealanycar - If we can get away with it!
Discussion
I know there's been a few threads about these jokers in the past, but I thought I'd share an actual example experienced by a chap I know last Friday, so be weary folks, goes like this. I'll leave out the long version:-
Chap put's car on Autotrader, AT says based on info, it should be advertised for £4,900. Car is a bit remote, so put's it up for £4,595. No takers.
To try and get a quick sale, put's in for a price to above, comes back £3800 - too little, 4 days later, price comes back at £4,100 'guaranteed' due to some 'sudden upsurge in demand' for SEAT Ibiza's. Ok, £49 admin fee to add, er ok!
Goes to appointment - drives 40 miles, they spend 30 mins looking at the car, input every single mark on the car into their computer system (not many - it's only 4 years old with 59k miles - wtf did they expect, a new car?) and then offer - £2,500. After refusing, it somehow went to £3,000 but that was it!
These scumbags are no better than the thieving 10 billion percent payday loaners, profiting from the misery of others. Everyone in business needs to make a profit, but a starting point of 50% less than retail is taking the piss and ultimately wanting it for £1900 below market is just a joke.
Be weary everyone if you contemplate using this lot and expect to get their pitiful bid paid out - they'll continue to try and screw you after that- once they've got you there with the car!
Fortunately, he's not that desperate, Local Gumtree here we come.
Chap put's car on Autotrader, AT says based on info, it should be advertised for £4,900. Car is a bit remote, so put's it up for £4,595. No takers.
To try and get a quick sale, put's in for a price to above, comes back £3800 - too little, 4 days later, price comes back at £4,100 'guaranteed' due to some 'sudden upsurge in demand' for SEAT Ibiza's. Ok, £49 admin fee to add, er ok!
Goes to appointment - drives 40 miles, they spend 30 mins looking at the car, input every single mark on the car into their computer system (not many - it's only 4 years old with 59k miles - wtf did they expect, a new car?) and then offer - £2,500. After refusing, it somehow went to £3,000 but that was it!
These scumbags are no better than the thieving 10 billion percent payday loaners, profiting from the misery of others. Everyone in business needs to make a profit, but a starting point of 50% less than retail is taking the piss and ultimately wanting it for £1900 below market is just a joke.
Be weary everyone if you contemplate using this lot and expect to get their pitiful bid paid out - they'll continue to try and screw you after that- once they've got you there with the car!
Fortunately, he's not that desperate, Local Gumtree here we come.
Edited by Nors on Tuesday 10th March 15:09
"Worth" is a funny concept.
If you can't find someone who will pay it (evidenced by the time it was up for sale), your perception of "worth" is... well... worthless.
You're selling a common car in a price bracket with loads of alternatives. If it's not good value, you're not going to shift it quickly.
How do people struggle with this?
If you can't find someone who will pay it (evidenced by the time it was up for sale), your perception of "worth" is... well... worthless.
You're selling a common car in a price bracket with loads of alternatives. If it's not good value, you're not going to shift it quickly.
How do people struggle with this?
if you put every mark and detail in accurately then you'll get the price they offer, and no ones forcing you to take that offer either. their offers are based on them having to sell on for profit, they are a business after all and the put the work in that you dont want to do yourself as the original seller.
I've used them twice, in situations where part-exing wasn't an option (buying from a private seller and taking out a lease). I certainly got less than I would selling privately, but my one experience of doing so was so bad that I took the easy route.
They provide a 'service'. It's a service optimised for their own profits, but as said above, nobody is forced to deal with them.
They provide a 'service'. It's a service optimised for their own profits, but as said above, nobody is forced to deal with them.
It is a business and they have to make money somehow! As advertised, it's a service intended to get you more money than a trade-in, but without the hassle of selling privately. Judging by what the OP's said, it sounds like the WBAC valuation was between a typical trade in value and a private sale value - just what I'd expect.
Dave200 said:
"Worth" is a funny concept.
If you can't find someone who will pay it (evidenced by the time it was up for sale), your perception of "worth" is... well... worthless.
You're selling a common car in a price bracket with loads of alternatives. If it's not good value, you're not going to shift it quickly.
How do people struggle with this?
It wasn't a struggle, it was priced based on what other cars were going for given age/mileage /condition etc, and pitched at a price that was less then comparible ones. Not priced via Autotrader or any other valuation site. Surley that's the best way of working out it's 'worth'!If you can't find someone who will pay it (evidenced by the time it was up for sale), your perception of "worth" is... well... worthless.
You're selling a common car in a price bracket with loads of alternatives. If it's not good value, you're not going to shift it quickly.
How do people struggle with this?
Being in the central highlands I'm assuming is the main issue given they're everywhere. Price was relfecting that though. Not enough obviously!
RobM77 said:
It is a business and they have to make money somehow! As advertised, it's a service intended to get you more money than a trade-in, but without the hassle of selling privately. Judging by what the OP's said, it sounds like the WBAC valuation was between a typical trade in value and a private sale value - just what I'd expect.
As I said in my original post, I realise they're a business and have to make money, I just think nearly £2k off most garages on a £5k car is a bit much?berlintaxi said:
What a disappointment, I thought this was going to be a tale about him being forced at gunpoint to hand over his car and V5, not a tale about a business trying to maximise their profit margin.
Sorry to disappoint!Just think that they could have been a bit more up front about the process and valuation. The car wasn't described any better or worse than it was. If you were a bit hard up and trying to sell the car, an 80 mile round trip for nothing isn't helping is it. I'll bet you'd be happy?
markmullen said:
Nors said:
As I said in my original post, I realise they're a business and have to make money, I just think nearly £2k off most garages on a £5k car is a bit much?
It would be if they'd put a gun to his head and forced him to sell........'Sorry mate, the manager wouldn't allow it.'
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