Sadly selling due to crisis
Discussion
Deep Thought said:
DickyC said:
With their name WBAC are stuck with buying. If they don't want to buy they must be compelled to make rubbish offers.
They have a holding page now when you do valuations saying they are not currently buying cars.WE ARE NOT CURRENTLY BUYING ANY CARS
It's ruined their jingle.
DickyC said:
Deep Thought said:
DickyC said:
With their name WBAC are stuck with buying. If they don't want to buy they must be compelled to make rubbish offers.
They have a holding page now when you do valuations saying they are not currently buying cars.WE ARE NOT CURRENTLY BUYING ANY CARS
It's ruined their jingle.
Its annoying as it still lets you plug in all your details then at the valuation page puts up a message.
lyonspride said:
There will be A LOT of nearly new cars out there soon in the prestige end of the market, which the drivers could no longer afford the finance due to coronavirus.
Depends how long this goes on. Most are giving 6 months holiday now. So nothing to pay for 6 months at all.
The last thing they want is the car market to collapse, so better to freeze £billions of payments in the hope it doesn't.
gizlaroc said:
lyonspride said:
There will be A LOT of nearly new cars out there soon in the prestige end of the market, which the drivers could no longer afford the finance due to coronavirus.
Depends how long this goes on. Most are giving 6 months holiday now. So nothing to pay for 6 months at all.
The last thing they want is the car market to collapse, so better to freeze £billions of payments in the hope it doesn't.
Anyone know?
It's funny really. Was reading earlier about possible action being taken against people / businesses trying to profiteer from the crisis by putting up prices of certain things. The demand having outstripped the supply.
But everyone thinks it's okay to try and 'bag a bargain' by making low ball offers to distressed sellers of motor cars. The supply having exceeded the demand. Hmmmm.....
But everyone thinks it's okay to try and 'bag a bargain' by making low ball offers to distressed sellers of motor cars. The supply having exceeded the demand. Hmmmm.....
clio007 said:
Its possible to sell a car in the current climate.
If its cheap it will still sell. Money transferred into your account and car picked up by recovery truck.
I would hazard a guess that a 50k car might need to be 35-40k for somebody take on that risk.
Is it likely for you to be able to get a recovery firm to collect a car for you with the current restrictions?If its cheap it will still sell. Money transferred into your account and car picked up by recovery truck.
I would hazard a guess that a 50k car might need to be 35-40k for somebody take on that risk.
Taking advantage of another persons situation is the business model for a capitalist country!
This situation is no different, taking advantage of people who couldn’t afford those cars in the first place? Lesson learnt for them maybe? probably not, where are the 6 month financial cushions needed that 2008 taught? No, didn’t think so..
Watching for a gen 3 Bentley myself..
This situation is no different, taking advantage of people who couldn’t afford those cars in the first place? Lesson learnt for them maybe? probably not, where are the 6 month financial cushions needed that 2008 taught? No, didn’t think so..
Watching for a gen 3 Bentley myself..
Had to sell my 993 late January, hadn't been paid for a month, Oct & Nov were also not without problem. Now, 2 months on, still no cashflow ( despite contract & deliveries in the interim - food exports to China ), car would now be unsaleable as we're in lockdown (NZ). Winter is coming.
Pvapour said:
Taking advantage of another persons situation is the business model for a capitalist country!
Agreed. So what's this about then ? hTTps://www.independent.co.uk/news/uk/politics/cor...
OddCat said:
It's funny really. Was reading earlier about possible action being taken against people / businesses trying to profiteer from the crisis by putting up prices of certain things. The demand having outstripped the supply.
But everyone thinks it's okay to try and 'bag a bargain' by making low ball offers to distressed sellers of motor cars. The supply having exceeded the demand. Hmmmm.....
Willing buyer and willing seller. Sadly, in these times there will be those who need the cash flow more urgently than the best price.But everyone thinks it's okay to try and 'bag a bargain' by making low ball offers to distressed sellers of motor cars. The supply having exceeded the demand. Hmmmm.....
Each is free to make their call. I think that is slightly different to gouging on toilet roll and antibac.
Other opinions may vary...
DickyC said:
Deep Thought said:
DickyC said:
With their name WBAC are stuck with buying. If they don't want to buy they must be compelled to make rubbish offers.
They have a holding page now when you do valuations saying they are not currently buying cars.WE ARE NOT CURRENTLY BUYING ANY CARS
It's ruined their jingle.
Vroomer said:
DickyC said:
Deep Thought said:
DickyC said:
With their name WBAC are stuck with buying. If they don't want to buy they must be compelled to make rubbish offers.
They have a holding page now when you do valuations saying they are not currently buying cars.WE ARE NOT CURRENTLY BUYING ANY CARS
It's ruined their jingle.
The acronym suggests that their company mission statement may have changed...
MB140 said:
Greshamst said:
MB140 said:
KungFuPanda said:
MB140 said:
Pre approved with first direct (I do all my banking through them) 3.3% is higher than I’m currently paying on the m135i (2.7%)
I would be putting my m135i in and saving (£10k ish).
So there are cheap loans out there. My bank know what I do for a living. I can’t default on a loan. It’s not possible. They will come to my employer and claim it at source.
What loan agreement would allow the bank to go directly to your employer if you defaulted?I would be putting my m135i in and saving (£10k ish).
So there are cheap loans out there. My bank know what I do for a living. I can’t default on a loan. It’s not possible. They will come to my employer and claim it at source.
Not so common these days for it to happen but it does happen.
Edited by MB140 on Wednesday 25th March 19:12
Child Maintenance used to be a customer of my old company. We struggled for 5 years to get the legislation and more importantly the infrastructure to organise deduction at source for non resident partners. This is not possible for creditors unless it's a manual, prearranged direct debit from the employer to the creditor. Which would just be odd and unheard of.
OddCat said:
Pvapour said:
Taking advantage of another persons situation is the business model for a capitalist country!
Agreed. So what's this about then ? hTTps://www.independent.co.uk/news/uk/politics/cor...
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