We Buy Any Car Valuation, Surely Not?.....

We Buy Any Car Valuation, Surely Not?.....

Author
Discussion

shiversaint

98 posts

40 months

Wednesday 2nd June 2021
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centralscot said:
Be convinced.
But why? All evidence points to the contrary.

centralscot

65 posts

50 months

Wednesday 2nd June 2021
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Do you work in the motor industry?

SpanishTony

380 posts

125 months

Wednesday 2nd June 2021
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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.


red_slr

17,234 posts

189 months

Wednesday 2nd June 2021
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I think BCA will be drip feeding the nice stuff into auction to keep prices up too.

shiversaint

98 posts

40 months

Wednesday 2nd June 2021
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centralscot said:
Do you work in the motor industry?
No, I don't. Do you? If so could you expand on what you're saying? I'm clearly not the only one that wants to hear it.

bunchofkeys

1,056 posts

68 months

Wednesday 2nd June 2021
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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.
Now offering just over £46,500, so that's an extra £2,500 in a month.

Takemeaway

598 posts

211 months

Wednesday 2nd June 2021
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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

BlackStang5point0

2,208 posts

213 months

Wednesday 2nd June 2021
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Just listed my X5 on 'Motorway' this morning. The value has gone up by about £3-£4k in the last 6 months so going to cash-in. Interestingly, I've also just checked on WBAC and have received a similar valuation so might use that as a fall back.

ahenners

597 posts

126 months

Wednesday 2nd June 2021
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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?

nick1871

373 posts

112 months

Wednesday 2nd June 2021
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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.

Superleg48

1,524 posts

133 months

Wednesday 2nd June 2021
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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.

Don Phil

621 posts

189 months

Thursday 3rd June 2021
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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!).

anonymous-user

54 months

Thursday 3rd June 2021
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Top tip.

Takemeaway

598 posts

211 months

Thursday 3rd June 2021
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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!

matt21

4,288 posts

204 months

Thursday 3rd June 2021
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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!
Same, but more than several times a day! Also you don’t need to enter any phone number so only takes a few second to make up an email and postcode.

funbobby

1,626 posts

258 months

Friday 4th June 2021
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Car gone up another £1250 in a week , 5k up from 4 months ago ! Madness

thewallboy

111 posts

71 months

Friday 4th June 2021
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Paid £26.5k for ID3 in December. 3k miles and now worth £30k on WBAC??

Sheepshanks

32,763 posts

119 months

Friday 4th June 2021
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Wife's Tiguan jumped up a couple £K early on but has been the same every time I've looked for a while now - £12,500.

sandman77

2,413 posts

138 months

Monday 7th June 2021
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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.


un1eash

597 posts

140 months

Monday 7th June 2021
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You have to wait a week or two before webuyanycar updates with the new reg. Been through this recently but took my plate of weeks ago in preparation of new car coming this week.