Any car traders struggling for stock I am?

[Danny4494]

Lately cars that are spares and repairs are selling for as much as running counterparts.

Auction guide prices seem to be way off too

Where are you getting stock I’m struggling

[Chamon_Lee]

I am not in the trade but from what I have seen over the last year or so EVERYRONE is struggling for stock - even the main dealers.
Whatever cars they have they have put the prices up and stand firm in them.

How long it will last for I have no idea but does seem a bit crazy right now.

[rfoster]

Yup - most dealers I work with are struggling for stock - what sort of stock are you after; happy to send any leads your way.

[StevieBee]

There's a huge issue with stock across many sectors that seems not yet to have made mainstream news.

My neighbour works for a major commercial food supplier who are having all manner of issues getting produce to customers because it's either not available or they don't have the drivers. My SiL's OH is an HGV driver - hauls cars and they're struggling to find drivers.

[M22s]

Chatting to a friend who runs a garage and does all the pre-sales work for a dealer, he said much the same as the OP. Good stock hard to come by and high prices for what is around.

[Saleen836]

There is a small car sales places next to me,start of last year he had around 18/20 cars up for sale and over the past 5/6 months they have been selling,he currently has 4 cars up for sale as he can't find stock

[Simpo Two]

Does this mean that fewer people are buying new cars, or that people are owning more cars?

[Wiry PAYE]

Hi

How much has this increased retail prices out of interest as I am planning on changing my other half’s daily over the summer.

[strain]

Noticed our local small dealer has gone from 100 cars to 70 tops.

We lease a fair few for the business, normally get this within a few days, currently 6 week wait for a used one, we're looking now to order a brand new one for september but think it wont be here on time

[Jamescrs]

A friend of mine works at a main VW dealer and says its a sellers market.
New cars on orders are months away for delivery dates unless it's something already built and sat in waiting.

My BMW 240i is now worth more now than I paid for it last September from BMW, I have never been in that position, not that I'm selling anyway but it's a crazy time.

[Venturist]

Simpo Two said:

Does this mean that fewer people are buying new cars, or that people are owning more cars?

Yes, I wonder too.
Is it a trickle down effect from new car shortages caused by the chip shortage affecting most manufacturers?
Maybe a hangover from earlier covid closures too?

[sideways sid]

It has seemed a peculiar situation that for a few months retail prices of new cars have been falling whilst prices of used cars have been rising.

[hyphen]

sideways sid said:

It has seemed a peculiar situation that for a few months retail prices of new cars have been falling whilst prices of used cars have been rising.

Less people buying new cars, so less part ex's coming in?

[DB4DM]

Local main dealer normally has 90 or more used cars in the pipeline, now has 35. In many cases it's reported WBAC are paying retail so there's no margin for dealers

[singlecoil]

DB4DM said:

...In many cases it's reported WBAC are paying retail so there's no margin for dealers

So they are paying what they can sell them for?

That's a very odd thing for them or anyone else to do.

[Trevor555]

singlecoil said:

DB4DM said:

...In many cases it's reported WBAC are paying retail so there's no margin for dealers

So they are paying what they can sell them for?

That's a very odd thing for them or anyone else to do.

Not sure about retail, but they're certainly paying strong money for some types of cars.

My friend was going to sell his year old Golf back to his supplying dealer for £29,000

WBAC bid £31,000 so he took along to them for a giggle to see how much they'd try and knock off.

They paid £31,000 less the admin fee.

I recently put in my Fabia Monte Carlo as it wasn't getting used.

Cap clean for the Fabia was £5700

WBAC bid £6500

I've no idea where all this is heading..

[The Rotrex Kid]

singlecoil said:

So they are paying what they can sell them for?

That's a very odd thing for them or anyone else to do.

‘Retail’ is just a guide, like the ‘clean’ book price.

Whereas they would normally buy for Clean and sell for Retail, they are currently buying at retail and selling at Retail+ their normal margin.

This is why prices are going up, stock is hard to get, new orders/deliveries are months away and people who want cars (and would normally buy new) are buying used.

[anonymous-user]

Logically, I would have thought there would’ve a glut of used cars with home working making it difficult to justify two cars in a household. Ours have gone from 15000 and 6000 to just 2-3000 each. Next week is the first time for a year, both cars will be used at the same time.
However , I did do WBAC , and mine went from £3000 two years ago , to £4750 today.

[singlecoil]

The Rotrex Kid said:

singlecoil said:

So they are paying what they can sell them for?

That's a very odd thing for them or anyone else to do.

‘Retail’ is just a guide, like the ‘clean’ book price.

Whereas they would normally buy for Clean and sell for Retail, they are currently buying at retail and selling at Retail+ their normal margin.

This is why prices are going up, stock is hard to get, new orders/deliveries are months away and people who want cars (and would normally buy new) are buying used.

Can't see the problem, if the retail price has gone up then the traders that are moaning that they can't buy cars for the old price need to pay the new price and then sell at the new retail price.

Same if prices were going down instead of up. They can still make their margin if they are adding value.

[Monkeylegend]

Try buying a car from these guys.

https://www.clearwaterautomotive.co.uk/search_page...

Been like this for a couple of weeks or so now.