Dealers using WBAC
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Discussion

pja

Original Poster:

272 posts

256 months

Friday 20th March 2015
quotequote all
My dads been looking at new cars over the last few weeks & has been around a couple of dealers
Anyway he's signed up for a new Mazda3 & part exchanged his 2012 focus,
He seems happy with the deal so all is Good!

One thing this Mazda dealer said I found interesting,
He tapped in the focus details in to WBAC and said before I click "send" I will offer you £250 more than what ever they offer!
Are the dealers now playing them at there own game?

If you think about it dealers won't need expensive glass or cap value guides anymore, just enter the PX details in to one of these we buy car websites and then offer slightly more




cptsideways

13,895 posts

283 months

Friday 20th March 2015
quotequote all
He did well, the WBAC prices are usually way higher than dealers are offering in PX

rob.kellock

2,252 posts

223 months

Friday 20th March 2015
quotequote all
MINI dealer offered me £400 less than WBAC offer for our mint, serviced by supplying dealer, ours from new Abarth 500 last Saturday.

We bought another Abarth.

They offered hundreds more...

Both for new, unregistered stock cars.

pja

Original Poster:

272 posts

256 months

Friday 20th March 2015
quotequote all
cptsideways said:
He did well, the WBAC prices are usually way higher than dealers are offering in PX
To be fair to the old goat he knew that as he had me check WBAC before he started looking!

sebhaque

6,536 posts

212 months

Friday 20th March 2015
quotequote all
WBAC etc works well for cars that are in the non-PH interest. Try selling them a 2004 BMW 550i and laugh at the price you get offered.

Sheepshanks

41,346 posts

150 months

Friday 20th March 2015
quotequote all
pja said:
One thing this Mazda dealer said I found interesting,
He tapped in the focus details in to WBAC and said before I click "send" I will offer you £250 more than what ever they offer!
Are the dealers now playing them at there own game?
Honda dealer used WBAC to value our P/X but only offered £50 more. I felt a bit insulted as I've always seen the WBAC prices as, in most cases, way lower than what the car is "worth".

I have to say it was an odd sort of deal anyway - there was never a "price to change" discussion, it was as if buying the new car and getting rid of the old one were two separate transactions. I think that's a bad approach for a dealer - I might as well have bought the new one online and sold the old one to WBAC.

krisdelta

4,673 posts

232 months

Friday 20th March 2015
quotequote all
We had this in 2013 at a VW main dealer - I just laughed it off as sales BS. All about cost to change when p/x'ing. I see WBAC as "bottom of the market" and irrelvant at a car dealer, especially a main dealer. Just as valid to put in the car they're selling and having the same tactic - I'll pay you £250 more than the WBAC price....

whoami

13,201 posts

271 months

Friday 20th March 2015
quotequote all
krisdelta said:
We had this in 2013 at a VW main dealer - I just laughed it off as sales BS. All about cost to change when p/x'ing. I see WBAC as "bottom of the market" and irrelvant at a car dealer, especially a main dealer. Just as valid to put in the car they're selling and having the same tactic - I'll pay you £250 more than the WBAC price....
WBAC offered me (substantially) more for a Range Rover and a Discovery 4 than the Land Rover dealer did against a new Range Rover.

Much messing around later and we eventually did a deal.

anonymous-user

85 months

Saturday 21st March 2015
quotequote all
sebhaque said:
WBAC etc works well for cars that are in the non-PH interest. Try selling them a 2004 BMW 550i and laugh at the price you get offered.
Most on PH drive sensible cars!
Most dealers offer less than WBAC for all cars so he did well...

j80jpw

829 posts

193 months

Saturday 21st March 2015
quotequote all
I believe WBAC is now owned by BCA, (British car auctions.) The WBAC price is based upon average auction value minus a % for profit, lots of dealers now use this as a guide then put the car in to auction themselves.

LaurasOtherHalf

21,429 posts

227 months

Saturday 21st March 2015
quotequote all
sebhaque said:
WBAC etc works well for cars that are in the non-PH interest. Try selling them a 2004 BMW 550i and laugh at the price you get offered.
My experience too, WBAC offered me thousands less than my part exchange offer-never mind what the car sold for eventually!

CRA1G

7,256 posts

226 months

Saturday 21st March 2015
quotequote all
sebhaque said:
WBAC etc works well for cars that are in the non-PH interest. Try selling them a 2004 BMW 550i and laugh at the price you get offered.
Try a 1999 60K BMW Z3M Coupe...... And it will have you in stitches......rofl

AmitG

3,572 posts

191 months

Saturday 21st March 2015
quotequote all
krisdelta said:
Just as valid to put in the car they're selling and having the same tactic - I'll pay you £250 more than the WBAC price....
I like that hehe

SonicShadow

2,452 posts

185 months

Saturday 21st March 2015
quotequote all
CRA1G said:
sebhaque said:
WBAC etc works well for cars that are in the non-PH interest. Try selling them a 2004 BMW 550i and laugh at the price you get offered.
Try a 1999 60K BMW Z3M Coupe...... And it will have you in stitches......rofl
WBAC wouldn't want those kind of cars anyway - far too specialist. They want everyday cars they can shift on quickly.

va1o

16,118 posts

238 months

Saturday 21st March 2015
quotequote all
cptsideways said:
He did well, the WBAC prices are usually way higher than dealers are offering in PX
Agreed

pja

Original Poster:

272 posts

256 months

Saturday 21st March 2015
quotequote all
In the past maybe WBAC have offered more than dealers PX prices,
but Is that because the dealers are just greedy & now they are slowly realising they are losing profitable part exchange cars to WBAC and fed up of customers walking in with a handful of cash wanting discount off their screen price?



bazza white

3,776 posts

159 months

Saturday 21st March 2015
quotequote all
wbac will also knock some off when it comes time to hand over the cash where as a dealer will pay what's offered so not all to bad.

corozin

2,680 posts

302 months

Saturday 21st March 2015
quotequote all
If you want top dollar prepare and sel; the car yourself. Neither WBAC or Dealer prices are usually any good!

bitchstewie

68,407 posts

241 months

Saturday 21st March 2015
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Do people still get hung up on p/x values?

The last couple of times I've swapped cars I've said to the dealer just give me a number to change, don't care how you work the numbers internally.

rehab71

3,362 posts

221 months

Saturday 21st March 2015
quotequote all
pja said:
In the past maybe WBAC have offered more than dealers PX prices,
but Is that because the dealers are just greedy & now they are slowly realising they are losing profitable part exchange cars to WBAC and fed up of customers walking in with a handful of cash wanting discount off their screen price?
No