Using webuyanycar before purchase on a 911 T
Using webuyanycar before purchase on a 911 T
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Discussion

Chipper

Original Poster:

1,540 posts

240 months

Tuesday 19th March 2019
quotequote all
After having a look around the new 992, I’ve decided to go for either a GTS or a T manual.

The problem is, I’ve started checking trade bids for vehicles currently for sale by entering their reg numbers—and it’s rather depressing. A trade bid on a T with all the kit is coming in at £60,000 on We Buy Any Car, meaning an instant £20,000 hit as soon as I collect a used vehicle. It’s making me hesitate, but are these dealer prices too high, and is a price correction due?

There are a few GTS manuals available, but they all seem a bit pricey when a well-specced new 992 PDK is around £106,000+.

I should also add that every dealer I’ve spoken to seems to have early allocations available for the 992, which makes me wonder if the market is very subdued.


Edited by Chipper on Saturday 8th February 10:38

Fast Bug

13,265 posts

184 months

Tuesday 19th March 2019
quotequote all
WBAC don't want it, that's why the bids are low. They send everything straight to auction (as they're owned by BCA), they want mainstream stuff like Astras and the like. People generally don't go to auction to buy a newish 911, you be better off having a friendly chat with some decent indis that would stock something similar, or maybe ask for a PCP quote and see what the final payment is. Both of these should give you a better idea on values.

v8ksn

4,713 posts

207 months

Tuesday 19th March 2019
quotequote all
Never use WBAC for anything biggrin

A Carrera T at an OPC for £85 will probably stand them at £75k If WBAC are quoting you £60k is because they expect to sell it for £70k to an OPC who will then sell it for £85k

GT4P

5,798 posts

208 months

Tuesday 19th March 2019
quotequote all
Disagree , although those prices are a touch low I have always found WBAC pretty close to between trade and private values! When I had my Gt4 and looked to sell prices were spot on and included a premium! My brother in law has sold about 3 high end cars to WBAC and always received just above what he would have got trade in.
They are interested in any car not just the low end models

v8ksn

4,713 posts

207 months

Tuesday 19th March 2019
quotequote all
As a side note, when I bought my car, the seller had paid £62k for it the year before and when they went to trade it in (with 1500 more miles) the same OPC offered them £47k They would have then marketed the car for around £57k

If you work to the assumption that any OPC used car for sale has a margin of around £10k its about right.

Independent dealer margins can be as low as £3k

Chipper

Original Poster:

1,540 posts

240 months

Tuesday 19th March 2019
quotequote all
The problem is every time I’ve tried part exchanging a car all the dealers including Porsche have used webuyanycar or at best matched them with trade bids. Though I’m not planning to part exchange on a 911 I did try to part ex the wife’s Golf R against a used M5 competition. Comically what killed the deal is they wanted to offer webuyanycar part exchange against their M5, yet when I said that the trade bid on their M5 was £60000 they didn’t want to budge. I do understand the realms of business and their position when selling but if anyone looking at buying a car pops the reg into webuyanycar it does kind of kill the deal

Edited by Chipper on Tuesday 19th March 16:04

SV_WDC

1,118 posts

112 months

Tuesday 19th March 2019
quotequote all
Not meaning to deviate from the topic but would WBAC not base it off the model/year only? Condition & spec can play a big role in these cars I thought; so is their quote based off the base price or do they factor options in?

boxsey

3,579 posts

233 months

Tuesday 19th March 2019
quotequote all
If I may say so, your concern about the future value of the car will cloud your enjoyment of it. I take the attitude that when I drive out of the OPC it has lost 10% of what I paid for it (which is not bad compared to some other marques). It's value will be what it will be if/when I sell/trade it. There's nothing I can do about that so I'll just enjoy it because that's what I bought it for.

Juno

4,485 posts

272 months

Tuesday 19th March 2019
quotequote all
GT4P said:
Disagree , although those prices are a touch low I have always found WBAC pretty close to between trade and private values! When I had my Gt4 and looked to sell prices were spot on and included a premium! My brother in law has sold about 3 high end cars to WBAC and always received just above what he would have got trade in.
They are interested in any car not just the low end models
Well that’s not the We Buy Any Car I know,always about 20% below trade!!!

Chipper

Original Poster:

1,540 posts

240 months

Tuesday 19th March 2019
quotequote all
boxsey said:
If I may say so, your concern about the future value of the car will cloud your enjoyment of it. I take the attitude that when I drive out of the OPC it has lost 10% of what I paid for it (which is not bad compared to some other marques). It's value will be what it will be if/when I sell/trade it. There's nothing I can do about that so I'll just enjoy it because that's what I bought it for.
I’ve always kind of done that but we are not talking 10% but over 25% drop just driving it out of the garage.

I think if you use webuyanycar as a guide to purchasing a vehicle you will very quickly see what kind of 1st year depreciation you will have on a vehicle and also a guide to what the trade bought the vehicle for. Obviously this will depend if it’s dealer stock but it’s a good eye opener for what you are letting yourself in for

Juno

4,485 posts

272 months

Tuesday 19th March 2019
quotequote all
Juno said:
GT4P said:
Disagree , although those prices are a touch low I have always found WBAC pretty close to between trade and private values! When I had my Gt4 and looked to sell prices were spot on and included a premium! My brother in law has sold about 3 high end cars to WBAC and always received just above what he would have got trade in.
They are interested in any car not just the low end models
Well that’s not the We Buy Any Car I know,always about 20% below trade!!!
Here’s an example just sold 2017 model Nissan GTR 16k Mint FSH private for £61k, Trade Offets £58k

We Buy Any Car £49k FFS you kidding me yikes



JOKERS jester

anonymous-user

77 months

Tuesday 19th March 2019
quotequote all
Chipper said:
After having a look around the new 992 i have decided to go for either a gts or T manual. The problem is ive started putting in the reg of vehicles for sale to see what a trade bid would be like for the same vehicle and its rather depressing. A trade bid on a T with all the kit is £60000 on we buy any car,meaning a £20000 hit as soon as i collect a used vehicle. Its making me hold back but are these prices too high at dealers and a price correction is due ?

There are a few GTS manuals but all seem a bit pricey when a new nice spec 992 pdk are around £106000+ .

Should add that every dealer ive spoken to seems to have early allocation available on the 992 so im wondering if the market is very subdued ?
Is called the dealer spread, imo is a good benchmark. Am surprised it’s only £20k tbh.

Sure you may or may not achieve more selling into a specialist but wbac always seems to be to be a good guide. Also highlights how worthless most options are with an immediate loss of value on driving off the forecourt.

That said, as mentioned they do their volume on white goods cars at auction so I’d take a value on anything special as an absolute worst case.

Edited by anonymous-user on Tuesday 19th March 18:39

gilford

715 posts

221 months

Tuesday 19th March 2019
quotequote all
WBAC are rubbish for 911’s, believe me I was searching for 8 months recently and it’s well below book!

Honest John is quite good and is worth registering with for info.

It’s not rocket science, indy’s Work to a 10% margin unless it’s sat for months, OPC’s are more but they could have to spend thousands getting the car through the 111 point check and the warranty is worth nearly two grand so bare that in mind.

I bought privately in the end, a lovely 991 C4s with 13k on the clock and the remainder of OPC warranty, saved myself a good £8k off OPC prices by the looks of it which I’m happy about.

Lox

639 posts

304 months

Tuesday 19th March 2019
quotequote all
Juno said:
Well that’s not the We Buy Any Car I know,always about 20% below trade!!!
Yep, I was quoted 32k for a car on WBAC which I instead shifted for 39k on Tootle. Only use WBAC to establish absolute worst case desperation sale

GT4RS

4,999 posts

220 months

Tuesday 19th March 2019
quotequote all
Have to disagree, we buy any car are never far of the mark on a trade bid IMO.

I’ve used it to bench mark private trade values my following cars in the last 5 years.

X2 macan
X1 Boxster
X1 Cayenne
X1 911
X1 golf r
X1 1 series
X1 m4
X1 m3

I have also used auto trader to work out values as it has a handy tool to give you a base for trade, private and retail values.

All have sold fairly well when using piston heads as private sales priced in between OPC trade bids and retail pricing.

May have a bash at selling the 991.2 4s as I fancy a different daily this year.

One thing I find with piston heads is the amount of dealer who want to buy privately.

The m4, m3, golf R and one macan all went to dealers for good retail money!


Always use a few sites as a yard stick

GT4RS

4,999 posts

220 months

Tuesday 19th March 2019
quotequote all
Have to disagree, we buy any car are never far of the mark on a trade bid IMO.

I’ve used it to bench mark private trade values my following cars in the last 5 years.

X2 macan
X1 Boxster
X1 Cayenne
X1 911
X1 golf r
X1 1 series
X1 m4
X1 m3

I have also used auto trader to work out values as it has a handy tool to give you a base for trade, private and retail values.

All have sold fairly well when using piston heads as private sales priced in between OPC trade bids and retail pricing.

May have a bash at selling the 991.2 4s as I fancy a different daily this year.

One thing I find with piston heads is the amount of dealer who want to buy privately.

The m4, m3, golf R and one macan all went to dealers for good retail money!


Always use a few sites as a yard stick

Lox

639 posts

304 months

Tuesday 19th March 2019
quotequote all
Maybe I was lucky then. Seven thousand pounds extra in my pocket for zero effort.

If you've had better numbers out of WBAC, that's great, but I wasn't benchmarking, I was offered a price near as damn it 22% higher and sold at that price.

Came to my house, no arguing, immediate cash transfer, gone five mins later

gilford

715 posts

221 months

Tuesday 19th March 2019
quotequote all
I’ve sold on Tootle in the past (2015 RS6) and netted £8k over WBAC.

For purchasing that is no help though, sorry OP.

ags11

607 posts

163 months

Tuesday 19th March 2019
quotequote all
I remember pricing a GT4 with them out of interest. It was about 6 months after buying it new, they were only offering list price before options which left it miles out. At the very least 10k below an OPC.
I don't think they're terribly accurate. I'd budget about 10-15 below OPC retail price on a 911. It depends perhaps on the spec or stock they want or don't want.

Spyder Jam

26 posts

95 months

Tuesday 19th March 2019
quotequote all
I’ve recent experience of WBAC (yesterday)and they were WAY off, considering selling my 981 spyder, 8000 miles on the clock. OPC Would be selling for 72k ish, only 5 currently on the locator, pretty rare car. WBAC bid.....46k, an indie has offered me 64k. So in my experience there a joke and wouldn’t worry to much as they are way out.