Discussion
I used it last year to sell my Cayman and found it great.
At the time I was offered £38k in p/ex against a Vantage at a MD, with webuyanycar suggesting £40.5k (and we all know it would go South from there). Private sale value on Autotrader was £44k as a guide but I didn’t have time for that and again that’s a guide. Local OPC wasn’t that interested but said it was worth £38k as a cash sale to them.
I contacted CarWow which gave an indicative price of £42.5k, so took them further which entailed a few webforms being competed with personal and vehicle details, together with a number of specific pictures being uploaded (E.g., front, back, wheels, interior, mileage etc.). 15 minutes work really.
I then got called, once all submitted, to check whether I wanted to set a ‘buy it now’ price which stops the auction. They suggested the £42.5k. I said no and then a 3 or 4 day auction (I can’t exactly remember) started at £39k and I achieved over £47k in the end.
Once you accept your offer (I was not obliged to go for the highest or any bid for that matter), the process kicks in to get the buying process sorted. Carwow managed all that.
Long story short, an independent specialist came viewed the car and paperwork, transferred the funds to me there and then, which I verified by logging into my bank account and off they drove. Very painless and got me a price I was very happy with.
Hope this helps and good luck!
David
At the time I was offered £38k in p/ex against a Vantage at a MD, with webuyanycar suggesting £40.5k (and we all know it would go South from there). Private sale value on Autotrader was £44k as a guide but I didn’t have time for that and again that’s a guide. Local OPC wasn’t that interested but said it was worth £38k as a cash sale to them.
I contacted CarWow which gave an indicative price of £42.5k, so took them further which entailed a few webforms being competed with personal and vehicle details, together with a number of specific pictures being uploaded (E.g., front, back, wheels, interior, mileage etc.). 15 minutes work really.
I then got called, once all submitted, to check whether I wanted to set a ‘buy it now’ price which stops the auction. They suggested the £42.5k. I said no and then a 3 or 4 day auction (I can’t exactly remember) started at £39k and I achieved over £47k in the end.
Once you accept your offer (I was not obliged to go for the highest or any bid for that matter), the process kicks in to get the buying process sorted. Carwow managed all that.
Long story short, an independent specialist came viewed the car and paperwork, transferred the funds to me there and then, which I verified by logging into my bank account and off they drove. Very painless and got me a price I was very happy with.
Hope this helps and good luck!
David
moveover said:
Anyone had experience selling a high-end car through these guys of other equivalents? Thinking of selling the Vanquish and I don’t have the patience to deal with time wasters (that includes dealerships too). Thanks.
I took the advice of an Aston Dealer and sold my 20 plate Vantage via WBAC . £3.5K more than the Dealer was prepared to offer and the money in my account next day . Please give them a go as you may be surprised .ZT260SE said:
I then got called, once all submitted, to check whether I wanted to set a ‘buy it now’ price which stops the auction. They suggested the £42.5k. I said no and then a 3 or 4 day auction (I can’t exactly remember) started at £39k and I achieved over £47k in the end.
I didn't realise CarWow was an auction. How does it get better prices than that well-known auction site eBay?I sold my previous car through Cazoo. I opted for collection from my home and after inspection they gave me exactly what was quoted. Cash in my bank before the transporter guy left. They offered more than WBAC and Arnold Clarke at the time. I eventually saw the car on AT for sale for only a grand more than they gave me, then this dropped to 250 more, and then it sold (I checked V5 issue date on plate checker). It seems they make money through offering finance rather than on the sale price itself. A very good experience and I would use again.
Simpo Two said:
I didn't realise CarWow was an auction. How does it get better prices than that well-known auction site eBay?
Not 100% sure, but a difference is that it isn’t open to the public (like eBay). All bids come from traders who are on CarWow’s “books” (that is, I think, those who sell through them as well).I would get a price to sell from WBAC , Motorway and CW ( the latter 2 being auction esque as opposed to straight purchase ) then call my nearest AM dealer to at least get a price for straight purchase.
If they are short on stock and high spec etc they might be more generous.
I’ve sold 1 Aston that way and absolutely no issues.
If they are short on stock and high spec etc they might be more generous.
I’ve sold 1 Aston that way and absolutely no issues.
WBAC offered half what similar cars to my DBS are advertised for. AM Bristol have an identical car for sale at £82k they offered £42k. A well known independent who’s always emailing saying he’s short of stock offered nearly £20k less than the Bristol car saying he needed to put his margin on it and £20k less than a coupe which is 2 years older than mine that he has for sale. I’ve had good results from motorway in the past so will give them a go next week when I’m in a position to take photos.
Some main dealers will do a consignment/ commission type deal and the numbers ‘may’ work for you if you look at the maths. Their margin expectations maybe different if they don't have it sat as an asset on their books. I know one or two who said they can do this when i contemplated a clear out (didn't do it in the end)
Had a great experience with Carwow few week ago selling my LR Defender (£60k plus). They were attentive and very interactive and I had calls and messages from them every day through the week it took for the purchasing dealer to collect the car. They even negotiated the highest bid up on my behalf. Very impressed overall.
ZT260SE said:
Simpo Two said:
I didn't realise CarWow was an auction. How does it get better prices than that well-known auction site eBay?
Not 100% sure, but a difference is that it isn’t open to the public (like eBay). All bids come from traders who are on CarWow’s “books” (that is, I think, those who sell through them as well).Simpo Two said:
That makes it even more baffling then, because traders pay trade price which is the lowest of all...
Not always, Ive had some very strong bids on cars from dealers as well as some terrible ones of course. I suspect theres more than one private tyre kicker who is very willing to offer even less than a dealer would too!The key to its success is the number of dealers the system has access to.
If you take you car to a dealer it maybe that they only value it in that branch, or at best ring the group buyer who values it for their whole network. Very rarely a dealer may offer it to one or two other traders but thats about it.
So unless you are prepared to approach hundreds of dealers nationally yourself trying to find the one who may have a prospect for your car, or is specifically searching for near identical stock, then a website like this can work rather well.
4Q said:
WBAC offered half what similar cars to my DBS are advertised for. AM Bristol have an identical car for sale at £82k they offered £42k. A well known independent who’s always emailing saying he’s short of stock offered nearly £20k less than the Bristol car saying he needed to put his margin on it and £20k less than a coupe which is 2 years older than mine that he has for sale. I’ve had good results from motorway in the past so will give them a go next week when I’m in a position to take photos.
I read this as ‘well known indie..” offered 50% (£20k) more than WBAC and AM Bristol.As they are unlikely to have a sale price as high as an official AM dealer, the maths suggests;
They offered around £60k for a car they plan to retail for mid £70s - which sounds ok ?
Not carwow, so slightly off piste, but I've just sold my wife's Mini Cooper S convertible via Motorway, this week. Indicative price was £23500 for 21 plate with 7k miles. Actual sale price £27200! It's summer and her car is zesty yellow( a marmite colour), so right moment to sell a soft top.
I was paid on the morning, before the driver arrived to collect it.
I was paid on the morning, before the driver arrived to collect it.
Wilmslowboy said:
I read this as ‘well known indie..” offered 50% (£20k) more than WBAC and AM Bristol.
As they are unlikely to have a sale price as high as an official AM dealer, the maths suggests;
They offered around £60k for a car they plan to retail for mid £70s - which sounds ok ?
I think an Indy wanting say £15k margin does seem a tad greedy doesn't it ?As they are unlikely to have a sale price as high as an official AM dealer, the maths suggests;
They offered around £60k for a car they plan to retail for mid £70s - which sounds ok ?
Only a few years ago Aston MD's seemed to use £10k as their profit margin assuming not a great deal of work was needed to tidy up.
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