Whereas selling a car on AutoTrader/Pistonheads/eBay is free, right?
WBAC valuation vs selling or trading in
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Whereas selling a car on AutoTrader/Pistonheads/eBay is free, right?
To understand WBAC you first have to understand their sales model.
WBAC is owned by "BCA Market Place PLC" who are primarily a car auction company. Therefore they will price their offers based on what they believe they can get (and have previously got) at auctions plus a decent margin to make it worth their while. You are therefore have to accept that your offer is going to be lower than what you pay at auction, which in turn is usually lower than the private sale value.
The majority of sales at BCA are from car dealers looking to put the car on their forecourt and sell on quickly, they therefore want cars that are both desirable but also appeal to a wide market.
On this basis you will likely find that a 2-5 year old good condition BMW/Audi/VW etc will be offered at a far better price than something with a very narrow target market (e.g. the Evo X) or something less desirable (e.g. a Mondeo estate).
The Clio mentioned above is a great example as it's desirable, at price point that it will appeal to a lot of buyers, and has a health target audience. it therefore should make it really easy for a dealer to sell it on their forecourt very quickly for a profit.
WBAC is owned by "BCA Market Place PLC" who are primarily a car auction company. Therefore they will price their offers based on what they believe they can get (and have previously got) at auctions plus a decent margin to make it worth their while. You are therefore have to accept that your offer is going to be lower than what you pay at auction, which in turn is usually lower than the private sale value.
The majority of sales at BCA are from car dealers looking to put the car on their forecourt and sell on quickly, they therefore want cars that are both desirable but also appeal to a wide market.
On this basis you will likely find that a 2-5 year old good condition BMW/Audi/VW etc will be offered at a far better price than something with a very narrow target market (e.g. the Evo X) or something less desirable (e.g. a Mondeo estate).
The Clio mentioned above is a great example as it's desirable, at price point that it will appeal to a lot of buyers, and has a health target audience. it therefore should make it really easy for a dealer to sell it on their forecourt very quickly for a profit.
Had no problem selling a relatives Honda Jazz to them which was in good condition. They offered what others were selling used on Autotrader/ebay, and when I took it to them to my surprise they didn't haggle it down. I offered it to Honda and they offered me £500 less.
The reason I use WBAC as my relative is over 100 miles away and she didnt feel confident selling it her self. So it was an easy way to get rid in a matter of hours.
The reason I use WBAC as my relative is over 100 miles away and she didnt feel confident selling it her self. So it was an easy way to get rid in a matter of hours.
Partner had an old (57 plate I think) Clio. WBAC offered £250 from memory and Evans Halshaw gave her £850 for it! I did sell my old FN2 Type-R through WBAC as it wasn't selling privately for over a month - wanted it off my drive and the price they gave was good. I managed to find it on AutoTrader a couple of weeks later at a dealer and it wasn't being sold for much more than they gave me so was happy.
My 2013 Fabia vrs with 41k is valued at £5670 by WBAC, i am the second owner. Now it had a new engine at 31K, do I have to tell WBAC?
Also, I don't have a log book as it's electronic. So I can't prove the service history. I might be able to get a print out from Skoda.
Also, I don't have a log book as it's electronic. So I can't prove the service history. I might be able to get a print out from Skoda.
Our experience:
-Online WBAC quote = ~£5600
-After inspection = ~£5068
-After telling the guy I'd already been offered £5.2k p/x = ~£5213 (i.e. He randomly found another £150).
-Ended up accepting £5350 p/x
Private sale might have got up to about £5900 if we found the right buyer I reckon, the dealer we exchanged it with had it back up at £6500
-Online WBAC quote = ~£5600
-After inspection = ~£5068
-After telling the guy I'd already been offered £5.2k p/x = ~£5213 (i.e. He randomly found another £150).
-Ended up accepting £5350 p/x
Private sale might have got up to about £5900 if we found the right buyer I reckon, the dealer we exchanged it with had it back up at £6500
![[TW]Fox](/data/man-of-honor/2009.png){kind=avatar}
A 2009 MPS with average mileage has a trade value of 4990. The WBAC offer is a tad low depending on mileage but your assumed values seem like hilarious fantasy to be fair
Logbook = V5 (it's a log of the owners).
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ThisHarsh
Two years ago I was selling my 3 year old F20 1 Series BMW and WBAC offered me around £2k less than I eventually sold it for (£12k). The car was perfect with full service history, fully MOT'd, 4x new Bridgestone tyres and not a mark or scratch on the bodywork & wheels.
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Associate
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Years ago I traded my girlfriends 206 convertable in. Had it advertised for ages at £5k and no one wanted it, dropped it to £4k as it was getting near the end of the month and the tax, insurance and mot were all going to run out and we had found another car she wanted.
In this case WBAC was perfect, they offered £4200, ithe car had about 7 owners, had the 2.0l engine and no leather interior so a pretty undesirable model which I guess is why it didnt sell. So in this situation WBAC was perfect, without them I would have lost a lot of money.
In this case WBAC was perfect, they offered £4200, ithe car had about 7 owners, had the 2.0l engine and no leather interior so a pretty undesirable model which I guess is why it didnt sell. So in this situation WBAC was perfect, without them I would have lost a lot of money.
WBAC are jokers. I took my 2 year, 3 month old Fiesta ST to them and they took £200 off for a few stone chips to the front bumper, £200 off for a few stone chips to the bonnet and £200 for a small scuff (and I mean like a tiny inch of kerbing) on one of the alloys, so £600 off the quoted price.
Now the alloy wheel, perhaps fair enough but it still would have cost about £50 for a refurb so still a bit much.
The stonechips however....I mean seriously it is a 2 year, 3month old car with 30k on the clock. What used car does not have a few minor stonechips? By stonechips I am talking the tiny ones that every car that has been on a road has and that are not visible unless you stick your head right up to the paintwork.
Apart from the small scuff on the one alloy, the car was in absolutely brilliant condition.
I just laughed at them and took it to my local Ford Dealer (not p/x they just wanted it for used stock as it was such a nice example), who gave me loads more and didn't chip me down from their on the phone offer so I got exactly what was promised.
Now the alloy wheel, perhaps fair enough but it still would have cost about £50 for a refurb so still a bit much.
The stonechips however....I mean seriously it is a 2 year, 3month old car with 30k on the clock. What used car does not have a few minor stonechips? By stonechips I am talking the tiny ones that every car that has been on a road has and that are not visible unless you stick your head right up to the paintwork.
Apart from the small scuff on the one alloy, the car was in absolutely brilliant condition.
I just laughed at them and took it to my local Ford Dealer (not p/x they just wanted it for used stock as it was such a nice example), who gave me loads more and didn't chip me down from their on the phone offer so I got exactly what was promised.
WBAC offered me 1k for my old Sportage, stuck it on Gumtree (for free) and sold it within a week for 2k.
So a fairly reasonable offer from WBAC then.