We buy any car shock.....
We buy any car shock.....
Author
Discussion

tyeo86

Original Poster:

292 posts

183 months

Wednesday 22nd February 2012
quotequote all
Just put in the details of a 996 c4 '02 car which someone has for sale at just shy of £20k and they offered £9.8k.

I was shocked! Is that the car's true value?

Jim1556

1,838 posts

187 months

Wednesday 22nd February 2012
quotequote all
NO! That's WBAC's crap trade valuation so they can make £000s off the back of it!

I bought a brand new car with a Forces discount at £19k, typed in the details to WBAC and it came back with £14k...

Utter ste, wouldn't use them unless an absolute emergency!

monthefish

20,467 posts

262 months

Wednesday 22nd February 2012
quotequote all
A "we buy any car" offer will never be a true reflection of a cars value.

Is that really a surprise to you?

rb5er

11,657 posts

203 months

Wednesday 22nd February 2012
quotequote all
Nope that is the value they have given it so when they send it to auction and it goes for £13K or so they still make some money.

You think they would pay top money and not look at making a profit?

By contrast i had a focus st for sale for 4 months, wanted 12.5k but novody seemed interested, they ended up giving me that exact amount (-50 quid admin charge) as it was 100% mint and they could make a couple of grand on it.

Edited by rb5er on Wednesday 22 February 10:50

caymanred

714 posts

212 months

Wednesday 22nd February 2012
quotequote all
is that factoring in that they will knock off at least 500quid for any minor marks on the car when they see it?

Durzel

12,999 posts

199 months

Wednesday 22nd February 2012
quotequote all
WBAC is for people desperate to sell really, or for cars that have a trivial value anyway. Noone in their right mind would sell a Porsche on there... would they?

tyeo86

Original Poster:

292 posts

183 months

Wednesday 22nd February 2012
quotequote all
monthefish said:
A "we buy any car" offer will never be a true reflection of a cars value.

Is that really a surprise to you?
i understand the value will be low so they can make some money but how much. 2-3k even if they make that it still means the car's true value is circu. £13-14k

rb5er

11,657 posts

203 months

Wednesday 22nd February 2012
quotequote all
caymanred said:
is that factoring in that they will knock off at least 500quid for any minor marks on the car when they see it?
Only if you fail to put it in your description of the car, describe it accurately and this is not an issue.

Shadow62

1,083 posts

241 months

Wednesday 22nd February 2012
quotequote all
I have found their bids good in the past. Not Porsche. Land rover discovery and a mini cooper S.

monthefish

20,467 posts

262 months

Wednesday 22nd February 2012
quotequote all
tyeo86 said:
monthefish said:
A "we buy any car" offer will never be a true reflection of a cars value.

Is that really a surprise to you?
i understand the value will be low so they can make some money but how much. 2-3k even if they make that it still means the car's true value is circu. £13-14k
Yes, a 996 c4 '02 car could easily be worth £13-14k.
It could also be worth "just shy of £20k".

All comes down to spec/condition/mileage etc (which you haven't told us), so I don't really understand the point of this thread.


gibbon

2,182 posts

238 months

Wednesday 22nd February 2012
quotequote all
What a pointless thread, you really should find something more interesting to troll OP.

Daggerpie

1,434 posts

232 months

Wednesday 22nd February 2012
quotequote all


I was on a course the other week and it happened to be on the same Trading Est as WBAC offices where customers drop off their car.

I couldn't believe the cars that were being loaded onto transporter, nearly new Mercs, an X5, even a tasty T5 van. I thought it would just be older sh!tters that went through them.

MadMark911

1,755 posts

180 months

Wednesday 22nd February 2012
quotequote all
Daggerpie said:
I was on a course the other week and it happened to be on the same Trading Est as WBAC offices where customers drop off their car.

I couldn't believe the cars that were being loaded onto transporter, nearly new Mercs, an X5, even a tasty T5 van. I thought it would just be older sh!tters that went through them.
I'm sure they have plenty of that those too - but given the state of our economy - I'm really not surprised that there are a lot of people who are desperate enough to use them (but personally I find their business model / tactics abhorrent).


franki68

11,696 posts

252 months

Wednesday 22nd February 2012
quotequote all
tyeo86 said:
Just put in the details of a 996 c4 '02 car which someone has for sale at just shy of £20k and they offered £9.8k.

I was shocked! Is that the car's true value?
I think they work using the cap bottom price as their guide.

Robsti

12,241 posts

237 months

Wednesday 22nd February 2012
quotequote all
I got a quote from WBAC and Parkers guide and WBAC was £4k higher!

Stu R

21,677 posts

246 months

Wednesday 22nd February 2012
quotequote all
This again, really?

If they're bidding you in the balls they don't want your car, it's just that simple. I can put my daily driver in there and get pretty much exactly the same quote I'm getting from dealers to p/ex it against a new one, perhaps even a touch more. Why? Because it's a car that's in demand on the used market, so they'll pay strong money for it.

Last time I checked, 10 year old 996 C4s weren't getting people climbing over each other and beating down doors to buy them. They'll flip it on to an auction where it'll probably take an age to sell and make only a little more than they paid for it, and it might take them months.

In other news, insurers who quote £20,000/yr don't really want your business either.

nsm3

2,831 posts

227 months

Wednesday 22nd February 2012
quotequote all
Daggerpie said:
I thought it would just be older sh!tters that went through them.
"....from fifty quid to a hundred grand, we buy any car dot commmm......."

That shoite advert is stuck in my head now !!

They offered me £5k for an A3 - traded it for £7.5k and the market was showing about £9k, albeit rather slow at the time, hence the trade-in (2010).

TOV!E

2,016 posts

265 months

Wednesday 22nd February 2012
quotequote all
gibbon said:
What a pointless thread, you really should find something more interesting to troll OP.
Leave him alone, we all know that it is only worth 8_9 grand

tyeo86

Original Poster:

292 posts

183 months

Wednesday 22nd February 2012
quotequote all
gibbon said:
What a pointless thread, you really should find something more interesting to troll OP.
your name says it all

Chris71

21,549 posts

273 months

Wednesday 22nd February 2012
quotequote all
A while back I put my daily driver's details in for fun (with a few scratches declared) and actually got a pretty respectable quote. It's only a slightly tatty Focus - most definitely not a Porsche - but I'm tempted to give them a go when I get rid of it. Do they look at things like cambelt intervals? scratchchinwink

I hasten to add my less than perfect shed will be accurately described if it goes up as a private advert. If it's the company responsible for the world's most annoying advert on the other hand I'm happy to go with caveat emptor.