Using webuyanycar to determine trade value

Using webuyanycar to determine trade value

Author
Discussion

RichyBoy

Original Poster:

3,741 posts

219 months

Thursday 29th September 2011
quotequote all
Is webuyanycar a good representation of what trade value would be and how much over the trade value should one offer?

Presumably trade value is what they would get in px, is this correct?

I'm looking at a few cars on circa 31k but the webuyanycar quotes are coming back no more than 26k.

NHK244V

3,358 posts

174 months

Thursday 29th September 2011
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No
that's all ican say without wearing out the swear filter.

Big News

1,937 posts

181 months

Thursday 29th September 2011
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They offered my £231 for my 1999 Ford Focus. So no.

mmm-five

11,295 posts

286 months

Thursday 29th September 2011
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Why not use the Vauxhall website's CAP guide for trade values - based on an 'average' condition vehicle.

Snowboy

8,028 posts

153 months

Thursday 29th September 2011
quotequote all

Nope.
However – they will give you bottom of the barrel start point.
Then you just work up from there.
If there's one near you it's potentially worth the 10 minutes trip to get a laughable offer.

If you want to know a trade in value go to a dealership, pretend to be interested in a car.
Ask them to give you a trade in value.
Then add a healthy markup and shove it on ebay instead.

jvl

69 posts

155 months

Thursday 29th September 2011
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They offered me £150 for my 1999 Nissan Almera but half of that was just the refund on the tax disc.

Big E 118

2,411 posts

171 months

Thursday 29th September 2011
quotequote all
mmm-five said:
Why not use the Vauxhall website's CAP guide for trade values - based on an 'average' condition vehicle.
Wish I hadn't just typed my reg into that site, interestingly though they value £1.2k under what WBAC do for my car.

boobles

15,241 posts

217 months

Thursday 29th September 2011
quotequote all
6 years ago they offered me 3k for my Elise which I had just paid 11.5k for. I only contacted them for a laugh & by fu*k, it was a laugh!

danyeates

7,248 posts

224 months

Thursday 29th September 2011
quotequote all
mmm-five said:
Why not use the Vauxhall website's CAP guide for trade values - based on an 'average' condition vehicle.
£2k less than what I paid for it. Not bad really.

jvl

69 posts

155 months

Thursday 29th September 2011
quotequote all
Big E 118 said:
Wish I hadn't just typed my reg into that site, interestingly though they value £1.2k under what WBAC do for my car.
Webuyanycar offer £7800 for my 59 plate Fiesta, the Vauxhall site says £7800-£8300. Pretty similar valuations.

sklar

1,487 posts

218 months

Thursday 29th September 2011
quotequote all
mmm-five said:
Why not use the Vauxhall website's CAP guide for trade values - based on an 'average' condition vehicle.
Thank god Vauxhall have got a guide back up. When they removed the Glass' one a few months ago I felt like I'd lost a limb!

itz_baseline

821 posts

223 months

Thursday 29th September 2011
quotequote all
mmm-five said:
Why not use the Vauxhall website's CAP guide for trade values - based on an 'average' condition vehicle.
These sites are usually rubbish. The car I just sold came back as £8,300 -£8,825.

I sold it privatly for c£17k. I was even getting trade offers of £14k for it.

Snowboy

8,028 posts

153 months

Thursday 29th September 2011
quotequote all
mmm-five said:
Why not use the Vauxhall website's CAP guide for trade values - based on an 'average' condition vehicle.
New game.
Find a car for sale on Pistonheads.

See what Vauxhall will give you for it.

I give you
http://www.pistonheads.com/sales/3257169.htm
Vauxhall Astra 1.7 CDTi 16V ecoFLEX SRi 5dr (2011)
8k miles, £19,995
From a Vauxhaull dealership.

And the CAP website offers....12,800 - 13,500.

Interesting.

Balmoral Green

41,116 posts

250 months

Thursday 29th September 2011
quotequote all
RichyBoy said:
Presumably trade value is what they would get in px, is this correct?
Snowboy said:
If you want to know a trade in value go to a dealership, pretend to be interested in a car.
Ask them to give you a trade in value.
A trade-in value/px price is different to the trade value.

Most dealers will generally quote a roughly similar trade value if they are interested in buying it in for stock, (independently of a vehicle purchase from them) or if you're just asking their advice as to what it might be worth to the trade. These are the values quoted in trade guides such as CAP or Glasses, and even then, they are only a guide.

Asking for a trade-in value will give you no real idea as to the trade value, as the trade-in value will include an overallowance on top of the trade value (usually equivalent to the discount you might get off the car if there was no trade-in), and that overallowance/discount will vary from car to car, depending upon the margin in that car, and how keen they are to do a deal.

On one car the overallowance/discount might be a few hundred, on another it may be thousands, so a trade-in or part exchange allowance is going to be useless in assessing the cars trade value.

As for 'We Buy Any Car', they don't retail, they move cars on into the trade, so obviously to make a margin, they have to offer below even the trade value of the car. But WBAC isn't about selling you car for a good price, it's about liquidating an asset ASAP without the hassle of advertising etc.

Edited by Balmoral Green on Thursday 29th September 15:43

Snowboy

8,028 posts

153 months

Thursday 29th September 2011
quotequote all
Balmoral Green said:
The OP wanted to know the trade value, a trade-in value is different.
Aha, I misread it.

Balmoral Green

41,116 posts

250 months

Thursday 29th September 2011
quotequote all
Nope, I did hehe

I just edited my post smile

R26Andy

404 posts

163 months

Thursday 29th September 2011
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I have found WBAC valuations a good starting point - its normally similar to the dealers initial low offers. The only way is up from there.