Have second hand car values jumped?
Have second hand car values jumped?
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Big E 118

Original Poster:

2,467 posts

193 months

Thursday 21st October 2010
quotequote all
I'll be trading in my 325i in the new year and wanted to start considering my budget for my next purchase so I entered the reg on WeBuyAnycar about a month/six weeks ago and they came up with a valuation of £12,495 (I know they value low) for a 57 plate 325i Coupe with 21k on the clock.

I've had an email from them this morning with a renewed valuation of £15,995, that's 20+% increase in a month/six weeks, have used car values really gone up that much?


cmackay81

9,251 posts

190 months

Thursday 21st October 2010
quotequote all
Big E 118 said:
I'll be trading in my 325i in the new year and wanted to start considering my budget for my next purchase so I entered the reg on WeBuyAnycar about a month/six weeks ago and they came up with a valuation of £12,495 (I know they value low) for a 57 plate 325i Coupe with 21k on the clock.

I've had an email from them this morning with a renewed valuation of £15,995, that's 20+% increase in a month/six weeks, have used car values really gone up that much?
they do this.

however when you take it along they will then offer you less. then when they look around the car they will offer you even less. then they will bring out some surcharges and fees to pay. they they will deduct more money if you don't want to trade in for one of their cars.

in the end you will owe them money for giving them your car

HellDiver

5,708 posts

206 months

Thursday 21st October 2010
quotequote all
I bought a 57 plate Vectra 2 years ago from a franchised dealer for £8k. Today, similar 57 plate Vectras are £8k. It doesn't make sense.

Big E 118

Original Poster:

2,467 posts

193 months

Thursday 21st October 2010
quotequote all
To be honest I really used their valuation as a worst case scenario figure only!

randlemarcus

13,646 posts

255 months

Thursday 21st October 2010
quotequote all
cmackay81 said:
Big E 118 said:
I'll be trading in my 325i in the new year and wanted to start considering my budget for my next purchase so I entered the reg on WeBuyAnycar about a month/six weeks ago and they came up with a valuation of £12,495 (I know they value low) for a 57 plate 325i Coupe with 21k on the clock.

I've had an email from them this morning with a renewed valuation of £15,995, that's 20+% increase in a month/six weeks, have used car values really gone up that much?
they do this.

however when you take it along they will then offer you less. then when they look around the car they will offer you even less. then they will bring out some surcharges and fees to pay. they they will deduct more money if you don't want to trade in for one of their cars.

in the end you will owe them money for giving them your car
Have you actually experienced this, or is it made up?

When I looked at WBAC, out of curiousity, their fees were clear as was the fact that if you had failed to mention the rust patches or scrapes, you could expect less money. There was no mention of buying their cars (they are not called we sell any car, after all.

No connection, but I think they are useful as a seller of last resort, and a small help for PX ("how much, WBAC are offering more than that, geezer")

cmackay81

9,251 posts

190 months

Thursday 21st October 2010
quotequote all
randlemarcus said:
cmackay81 said:
Big E 118 said:
I'll be trading in my 325i in the new year and wanted to start considering my budget for my next purchase so I entered the reg on WeBuyAnycar about a month/six weeks ago and they came up with a valuation of £12,495 (I know they value low) for a 57 plate 325i Coupe with 21k on the clock.

I've had an email from them this morning with a renewed valuation of £15,995, that's 20+% increase in a month/six weeks, have used car values really gone up that much?
they do this.

however when you take it along they will then offer you less. then when they look around the car they will offer you even less. then they will bring out some surcharges and fees to pay. they they will deduct more money if you don't want to trade in for one of their cars.

in the end you will owe them money for giving them your car
Have you actually experienced this, or is it made up?

When I looked at WBAC, out of curiousity, their fees were clear as was the fact that if you had failed to mention the rust patches or scrapes, you could expect less money. There was no mention of buying their cars (they are not called we sell any car, after all.

No connection, but I think they are useful as a seller of last resort, and a small help for PX ("how much, WBAC are offering more than that, geezer")
experienced it.

I help people sell cars, its what i do. so have been along a few times to see what they check and do, and work out how good a last resort their service is.

when they say failed to mention scrapes. in reality this includes a little bit of dirt under the drivers seat.

they are linked to carcraft, if not the same company. one time i was infact told when trying to sell a corolla that the amount offered to me had been discounted as a trade in value rather than a sale value. they basically halved what they had offered me if i didn't want one of their cars


on another not though, it is a good guideline price they offer. they seem to do alot of research into these valuations, so do reflect the easy of selling of the cars they value. If they start offering you more, its because they are getting requiests from carcraft to get more of them in. if they offer you peanuts, then carcraft isn't shifting enough. simple, but it does reflect the used car market quite well for 90% of cars out there.
anything modified or a bit different however and they will offer you nothing.

Big E 118

Original Poster:

2,467 posts

193 months

Thursday 21st October 2010
quotequote all
randlemarcus said:
cmackay81 said:
Big E 118 said:
I'll be trading in my 325i in the new year and wanted to start considering my budget for my next purchase so I entered the reg on WeBuyAnycar about a month/six weeks ago and they came up with a valuation of £12,495 (I know they value low) for a 57 plate 325i Coupe with 21k on the clock.

I've had an email from them this morning with a renewed valuation of £15,995, that's 20+% increase in a month/six weeks, have used car values really gone up that much?
they do this.

however when you take it along they will then offer you less. then when they look around the car they will offer you even less. then they will bring out some surcharges and fees to pay. they they will deduct more money if you don't want to trade in for one of their cars.

in the end you will owe them money for giving them your car
Have you actually experienced this, or is it made up?

When I looked at WBAC, out of curiousity, their fees were clear as was the fact that if you had failed to mention the rust patches or scrapes, you could expect less money. There was no mention of buying their cars (they are not called we sell any car, after all.

No connection, but I think they are useful as a seller of last resort, and a small help for PX ("how much, WBAC are offering more than that, geezer")
It does quote on the valuation email that the fee is £74.99 and the valuation is a guarenteed price as long as the car is in the condition described.