Dealer margins widening

[anonymous-user]

Friend just traded a 718 Boxster. Immaculate one owner low mileage

Webuyanycar bid £3k more then three different main dealers! Crazy. Dealers must be stuffed with stock or taking far bigger margins as they don’t have all those diesel Macan sales ?

[bennno]

WBAC push their cars through BCA auctions, who they are owned by.

A dealer will probably buy it at that point, pay buyers premium etc ..... madness

Sign up and you’ll see when it’s going through.

[NickUSA]

WBAC always bid high, then once you take the car to them will spend the next hour deducting £££ off every chip and niggle they find.

[Driver101]

NickUSA said:

WBAC always bid high, then once you take the car to them will spend the next hour deducting £££ off every chip and niggle they find.

So many people roll this line out, yet people who describe their car accurately get every penny they thought they would.

Just don't pretend your car is better than it is. Be honest.

[jh001]

My OPC offered me £1,400 more that WBAC and clearly said they will send the car straight to auction.

[anonymous-user]

NickUSA said:

WBAC always bid high, then once you take the car to them will spend the next hour deducting £££ off every chip and niggle they find.

They only knocked £60 off service was great and money transferred straightaway

[craigjm]

NickUSA said:

WBAC always bid high, then once you take the car to them will spend the next hour deducting £££ off every chip and niggle they find.

Personal experience?

[NickUSA]

craigjm said:

NickUSA said:

WBAC always bid high, then once you take the car to them will spend the next hour deducting £££ off every chip and niggle they find.

Personal experience?

A friends

[craigjm]

NickUSA said:

craigjm said:

NickUSA said:

WBAC always bid high, then once you take the car to them will spend the next hour deducting £££ off every chip and niggle they find.

Personal experience?

A friends

So you weren’t there and you hadn’t assessed the car they were selling

My experience was that I drove in and half an hour later left with the money they had quoted. When I did my quote I was brutally honest about what I was selling. An excellent condition car has to be such that they could sell it immediately for top money. Most cars are not in that kind of condition even when the owner thinks it is.

[Lonely]

Trying hard not to sound like their advert but I've just sold them a 10 yr old Fiesta and they gave me a very reasonable price. Certainly far better than advertising privately and going through the hassle of getting a buyer to part with cash. Depends on what you're selling and what you want price wise I suppose.

[Prospective]

What discount is being achieved on new 718’s

[rufusgti]

craigjm said:

NickUSA said:

craigjm said:

NickUSA said:

WBAC always bid high, then once you take the car to them will spend the next hour deducting £££ off every chip and niggle they find.

Personal experience?

A friends

So you weren’t there and you hadn’t assessed the car they were selling

My experience was that I drove in and half an hour later left with the money they had quoted. When I did my quote I was brutally honest about what I was selling. An excellent condition car has to be such that they could sell it immediately for top money. Most cars are not in that kind of condition even when the owner thinks it is.

They can be very reasonable when chilling away also. I took an old 325i in a few years back and they checked it over and stated the rear tyres were on the limit. True enough I just hadn't noticed. The car had staggered 18 inch M- sport wheels so I expected them to start knocking the price heavily. But they knocked off 50 quid per tyre, which was less than I could source tyres myself for.

[John Laverick]

craigjm said:

So you weren’t there and you hadn’t assessed the car they were selling

My experience was that I drove in and half an hour later left with the money they had quoted. When I did my quote I was brutally honest about what I was selling. An excellent condition car has to be such that they could sell it immediately for top money. Most cars are not in that kind of condition even when the owner thinks it is.

WBAC paid MORE than their online valuation by about £150 for my immaculate M2 as they said it was exactly described and the exact type of stock they wanted to purchase.

[Nuttcase]

craigjm said:

Personal experience?

Absolutely first hand experience. A few employees left a while back because of the practices; there were targets for the reps to make the deal below the initial internet offer, then they give the reason as being a stone chip = £700 deduction.

[IainR]

I’ve moved on a few cars through WBAC over the years and they’ve always been very reasonable. Yes they’ve deducted money for scuffed alloys, stone chips etc, but compared to having those fixed yourself it’s less hassle and less money.

[Porsche911R]

IainR said:

I’ve moved on a few cars through WBAC over the years and they’ve always been very reasonable. Yes they’ve deducted money for scuffed alloys, stone chips etc, but compared to having those fixed yourself it’s less hassle and less money.

They don’t fix them and it goes to auction, just a way of increasing profits. Hence above £50 off for tyres etc. As long* as the cars legal it will not get any fixes done.

[jimPH]

If WBAC just push though auction, why not auction your car? Can't be that difficult, it do WBAC take a loss at auction?

[rufusgti]

jimPH said:

If WBAC just push though auction, why not auction your car? Can't be that difficult, it do WBAC take a loss at auction?

That's not quite how I understand it. I was told they were part of a big network who owned dealerships AND the auction houses they sell through. So within these companies they source vehicles, cherry pick the vehicles for the dealerships and auction off the rest. Profiting at every stage. If that's true it's an impressive business.

[Cheib]

rufusgti said:

jimPH said:

If WBAC just push though auction, why not auction your car? Can't be that difficult, it do WBAC take a loss at auction?

That's not quite how I understand it. I was told they were part of a big network who owned dealerships AND the auction houses they sell through. So within these companies they source vehicles, cherry pick the vehicles for the dealerships and auction off the rest. Profiting at every stage. If that's true it's an impressive business.

They’re owned by BCA.

[zainster]

I got an offer of £26.5k from WBAC last February for my 981 BS. Later that month, I went to test drive another car and I was offered £28k as a P/X. I kept the car. Then last June I sold my car to trade for another £6k over the p/x price I had received 4 months earlier?!