WBAC - Not buying cars now.

[jjr1]

Apparently BCA don't want any more stock. Take a look at your car valuation on WBAC.

[Nickp82]

Seems pretty normal to me, only tried one car though

[Haltamer]

Hmm, Rather (substantially) under market IMO - There's still an offer made though.

[bungle]

Down by a third since last week. (16 to 11k).

[ChocolateFrog]

2 of my cars are £150, the same they were last time I checked. They other their automated doesn't have a date old enough.

[jjr1]

'Friend of mine took her macan S Diesel today. Offered 35240£ last week , took it in today to drop it off to be offered 21000 !
Incredible'

One example above in Northampton.

My Boxster last week was £25k. Today £16k. Bloody good job I don't need to sell.

[V8fan]

Friend (yes, a real one) of mine has a 6 series gran coupe he's thinking of selling. When he asked me if I was interested in early February, I used WBAC to get a figure for him to NOT let it go for, it was £14,200. Just tried again and it's now £9425.

OOps, typo, changed it - £14,200 of course.

Edited by V8fan on Wednesday 18th March 20:46

[Clarkedontgo]

Should have sold at 142k

[av185]

WBAC yet again in unrealistic bids which don't reflect a cars true value shocker.

[fido]

Well I guess it is the true value if you want to sell now. Utilitarian is king at the moment, cars or otherwise.

[Sheepshanks]

jjr1 said:

'Friend of mine took her macan S Diesel today. Offered 35240£ last week , took it in today to drop it off to be offered 21000 !
Incredible'

I'm amazed anyone will buy them at all bearing in mind their well known recurring dpf issues.

[V8fan]

Well it says the price is guaranteed for 7 days. They just use some algorithm and definitely don't want some cars. I sold A TVR Chimaera privately for over £11k in June 2019, the WBAC price offered was £50. No laughing at the back there!

Anecdotally, somebody got a very good price for a TVR Cerbera a few years ago. Car got punted through various BCA auctions and sold at a big loss to them.

[tumble dryer]

Friend just had a phone call from Arnold Clark telling him that they are no longer buying cars. And that their previously agreed offer no longer stood. By telephone.

A tad inconvenient as he's due to collect his new one in a couple of weeks (not through AC) and there now appears to be a bit of a cashflow problem.

[jjr1]

Sytner group and Halliwell Jones are also another couple of trade buyers that will no longer take any stock.

[HTP99]

Can't imagine what the issue may be currently, causing the sudden drop off in values and some not buying at all!

[tumble dryer]

HTP99 said:

Can't imagine what the issue may be currently, causing the sudden drop off in values and some not buying at all!

I'd say that was a very loud judgement call on the perceived future value of vehicles.

Edited by tumble dryer on Wednesday 18th March 21:21

[av185]

jjr1 said:

Sytner group and Halliwell Jones are also another couple of trade buyers that will no longer take any stock.

Depends on the car.

[jonwm]

Just put my 18 plate 330e in wbac, 48k miles £10k!! That's crazy the p11d was £37k 2 years ago

[stevemcs]

I've got a couple of E classes on my Autotrader watch list, they are up for just over £7500, last week WBAC were £4700, then £4500 and as of now £3700 .... so its dropping fast - I don't mind a trader making money but I just like to know how much i stand to lose if I hated it and wanted shot of it quickly.

[Phil Dicky]

Come on people why the shock? We are.more than likely going into lock down who in their right mind would expect the 'old' market value.