We Buy Any Car Valuation, Surely Not?.....
Discussion
I like everybody else am interested in knowing where prices are going.
I suppose it depends on how long stock gets held for by WBAC/Cinch/BCA. If WBAC can turnaround car quite quickly then they can pay the higher prices so long as the demand is getting met.
I guess that they are measuring the demand some how to be able to understand how much they can offer to buy the stock for.
I'd question why car companies will control production volumes to force people into EV. I do think that they will supply what customers want and so follow the market as numbers will move into EV they will tailor their volumes to meet that demand and they won't want to lose money producing cars people don't buy but they won't control the market.
Just my tuppence.
I suppose it depends on how long stock gets held for by WBAC/Cinch/BCA. If WBAC can turnaround car quite quickly then they can pay the higher prices so long as the demand is getting met.
I guess that they are measuring the demand some how to be able to understand how much they can offer to buy the stock for.
I'd question why car companies will control production volumes to force people into EV. I do think that they will supply what customers want and so follow the market as numbers will move into EV they will tailor their volumes to meet that demand and they won't want to lose money producing cars people don't buy but they won't control the market.
Just my tuppence.
bunchofkeys said:
I think you're right OP.
Just checked one of my cars that i sold last year, it was about £39k on WBAC, it's now worth more at £44K.
Make the most of it, although WBAC will knock you down for anything, maybe better off trying Wizzle.
I used them to sell in the end (which offered me £40K), and you only sell to dealers; you could get more than WBAC.
Good luck.
Just thought i'd check in on the same car, as it's been about a month. Just checked one of my cars that i sold last year, it was about £39k on WBAC, it's now worth more at £44K.
Make the most of it, although WBAC will knock you down for anything, maybe better off trying Wizzle.
I used them to sell in the end (which offered me £40K), and you only sell to dealers; you could get more than WBAC.
Good luck.
Now offering just over £46,500, so that's an extra £2,500 in a month.
Just a quick O/T question on WBAC
Does it take into account a more detailed spec of a car or does it go off the basic model and maybe high level detail (eg on a BMW i've been asked to specify if the car has Prof media package of Business Media)
I'm wondering as my car has several extras which would make it more saleable (imo) and therefore command a higher price
Eg Adaptive Xenons whereas the majority of similar models are standard non-xenon
Does it take into account a more detailed spec of a car or does it go off the basic model and maybe high level detail (eg on a BMW i've been asked to specify if the car has Prof media package of Business Media)
I'm wondering as my car has several extras which would make it more saleable (imo) and therefore command a higher price
Eg Adaptive Xenons whereas the majority of similar models are standard non-xenon
ahenners said:
With values seemingly being a bit daft on used stuff, does this make it a good time to buy a new car with a trade in? A quick scan of a broker site suggests discounts on new are still decent and presumably prices of new haven't risen like used ones have. Thoughts?
I think it is, I’ve just bought new with a decent discount and 0% APR whilst selling mine on motorway.co.uk for £1k over the estimate. Takemeaway said:
Just a quick O/T question on WBAC
Does it take into account a more detailed spec of a car or does it go off the basic model and maybe high level detail (eg on a BMW i've been asked to specify if the car has Prof media package of Business Media)
I'm wondering as my car has several extras which would make it more saleable (imo) and therefore command a higher price
Eg Adaptive Xenons whereas the majority of similar models are standard non-xenon
Sadly making it more saleable does not equate to being more valuable. Just may make your more desirable amongst the sea of others for the same money. Does it take into account a more detailed spec of a car or does it go off the basic model and maybe high level detail (eg on a BMW i've been asked to specify if the car has Prof media package of Business Media)
I'm wondering as my car has several extras which would make it more saleable (imo) and therefore command a higher price
Eg Adaptive Xenons whereas the majority of similar models are standard non-xenon
Don Phil said:
If you go onto cinch and choose a car, you can put your plate in there for p/x to get a value for yours. I did this last week and it was £140 less than WBAC, so it gives you an idea of trade in value if you don't want to fill in any personal details (real or otherwise!).
Or you could just put in a fake email eg sdhshd@dfd.com and any old postcode into WBAC which is what i do several times a day!Takemeaway said:
Don Phil said:
If you go onto cinch and choose a car, you can put your plate in there for p/x to get a value for yours. I did this last week and it was £140 less than WBAC, so it gives you an idea of trade in value if you don't want to fill in any personal details (real or otherwise!).
Or you could just put in a fake email eg sdhshd@dfd.com and any old postcode into WBAC which is what i do several times a day!We are in the process of changing my wife's car and before accepting the poor p/x valuation we tried wbac for a valuation. The offer was £1000 more than the trade in. We set about removing the private plate from it and today received the new V5 document so went back on to wbac to get an updated valuation with the original number plate. The site didn't recognise the number plate (I guess their system needs to update every now and again) so I had to enter the details manually. The new offer is £1000 less than the original offer. I double checked by using the private plate for a valuation and sure enough it was £1000 more. All the details are exactly the same but if entered manually the offer is £1000 less. Looks like I will be accepting the poor p/x offer after all.
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