Cinch offering a worse PX than WBAC
Cinch offering a worse PX than WBAC
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Truckosaurus

Original Poster:

12,841 posts

306 months

Thursday
quotequote all
Why is it the Cinch list a lower part ex valuation compared to WBAC when they are the same company? (It listed my local WBAC as where you can pick up your Cinch car from as well) - £4000 vs £3250, so c.20% less.

Shouldn't it be the other way around? (or just the same).

I know WBAC will knock the price down, but surely Cinch would do the same once they see things in the metal, or is it that they assume it is going to be worse than described so offer less to start with but then standby the valuation?

Trevor555

5,027 posts

106 months

Thursday
quotequote all
WBAC methods change.

The last car I sold to them recently (September) they bid £5800 which was high for a car that was £5000 cap clean.

They knocked it down to £5000 on the day, no damage at all.

Previously I've sold them cars, and they've offered Cap clean, and either didn't knock down at all, or only reduced a small amount for missus's kerbed alloys.

Buy you're right, what you've seen is poor conduct, those prices should be the same.

Gives the customer the feeling that someone's trying to have their pants down.

ScoobyChris

2,266 posts

224 months

Thursday
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Truckosaurus said:
Why is it the Cinch list a lower part ex valuation compared to WBAC when they are the same company? (It listed my local WBAC as where you can pick up your Cinch car from as well) - £4000 vs £3250, so c.20% less.
Tbf, the WBAC advert does say you can get better prices through them than when you part exchange biggrin

Truckosaurus

Original Poster:

12,841 posts

306 months

Thursday
quotequote all
ScoobyChris said:
Tbf, the WBAC advert does say you can get better prices through them than when you part exchange biggrin
Indeed. The Cinch trade in price must be for those too lazy to even go to WBAC biggrin

paul_c123

1,685 posts

15 months

Thursday
quotequote all
Why don't you sell it to WBAC then buy off Cinch then? They are at the same site, after all.

Truckosaurus

Original Poster:

12,841 posts

306 months

Thursday
quotequote all
That might be the plan, it just seemed odd that they weren't more joined up when it is clear they are the same firm.

revilo87

68 posts

54 months

Thursday
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I experienced this yesterday, offered 14.4k part ex for my 71 plate Fiesta ST with 24k on the clock, WBAC offered 17.9k - and when i went there, they knocked it down to 17.3k

Sadly couldn't find my V5 post house move so have had to request a replacement, so couldn't do the deal yesterday - but not seen a gap that big before

UKsandman

3,067 posts

160 months

Trevor555 said:
WBAC methods change.

The last car I sold to them recently (September) they bid £5800 which was high for a car that was £5000 cap clean.

They knocked it down to £5000 on the day, no damage at all.

Previously I've sold them cars, and they've offered Cap clean, and either didn't knock down at all, or only reduced a small amount for missus's kerbed alloys.

Buy you're right, what you've seen is poor conduct, those prices should be the same.

Gives the customer the feeling that someone's trying to have their pants down.
What justification did they give for reducing their offer by £800?

Trevor555

5,027 posts

106 months

UKsandman said:
Trevor555 said:
WBAC methods change.

The last car I sold to them recently (September) they bid £5800 which was high for a car that was £5000 cap clean.

They knocked it down to £5000 on the day, no damage at all.

Previously I've sold them cars, and they've offered Cap clean, and either didn't knock down at all, or only reduced a small amount for missus's kerbed alloys.

Buy you're right, what you've seen is poor conduct, those prices should be the same.

Gives the customer the feeling that someone's trying to have their pants down.
What justification did they give for reducing their offer by £800?
None at all.

Just a youngish lad in the reception room, saying that's what his computer says, and he can't do anything about it, and can't justify it.

But £5,000 was what the car was worth on the day, Cap clean was £5,000, so was happy enough.