WBAC Values
- Thread starter Gibbo
- Start date
I know you've fixed it, but you can update this on their website. Just select the relevant fault and it'll deduct the price. FWIW, it'll definitely be worth getting it fixed (or you know, tapping it).
When I sold mine to WBAC they gave the exterior a very thorough check but they never even so much as looked through the window at the interior.
I mentioned this to the guy and he told me they are only told to check the exterior.
Seems odd as the interior could have been wrecked and they wouldn’t have known. Presumably if they eventually notice its not as described they must follow up before paying out.
Thanks!
Got it booked in on Sunday for cazoo, they're over a grand more than WBAC.
Managed to buy what I was looking for under market value, and sell mine for the same as I bought (if this goes through) minus a few quid. Overall, fairly happy to do a swap and some cash my way.
Got it booked in on Sunday for cazoo, they're over a grand more than WBAC.
Managed to buy what I was looking for under market value, and sell mine for the same as I bought (if this goes through) minus a few quid. Overall, fairly happy to do a swap and some cash my way.
I seem to have moved into profit now on my Lexus NX300h that i bought in June. Paid £26.5k and Motorway are suggesting £28k
Just need this pattern to continue for around 2 years ideally, till i sell and move abroad!
Just need this pattern to continue for around 2 years ideally, till i sell and move abroad!
I seem to have moved into profit now on my Lexus NX300h that i bought in June. Paid £26.5k and Motorway are suggesting £28k
Just need this pattern to continue for around 2 years ideally, till i sell and move abroad!
I think worse case we might see a dip over Winter, then come next Spring/Summer prices will go up again and can't see it ending until next Autumn at earliest and may go on longer, there is just no new cars coming so easily due to supply issues and most manufacturers are removing specification from cars to make them ship sooner which makes the 1-3yr examples worth more if they had said options in shortage.
Yeah, it doesn't really bother me too much. My expectation was that when i came to sell in ~July 2024 after 3 years it would be worth 15k based on around 3k/yr which seemed sensible. If it ends up anywhere over that i'm going to be happy!
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Are you though? Because unless your next vehicle is a bicycle you'll still lose out.
I planned to keep my car for 5 years. That point was passed months ago and it was worth thousands more than I projected it would be. Great! Well no, not really, because what I'd intended to replace it with is circa £10k more than it otherwise would have been. So you still lose out. The money I paid for a year old example with 5k on it would now buy me a 3-4 year old car with 40-50k on it. Not very appealing.
If I absolutely had to buy a car now and I could stand the wait I'd probably order new - they are not THAT expensive still and seem to represent much better value than the silly prices anything used currently costs.
Yeah still will, the aim is to move to Spain and from what i've seen over there prices don't seem as impacted over there because their used cars hold their value much better anyway.
Plus i've talked the wife into a hugely impractical Suzuki Jimny convertible thing so it'll be cheap anyway
Plus i've talked the wife into a hugely impractical Suzuki Jimny convertible thing so it'll be cheap anyway
On balance, I sold my MX5 for nearly £27k at the end of September via Motorway.
I did a quick value with WBAC out of interest and its dropped down to £20,300. Motorway were only valuing it £1k higher. So I avoided a £5k hit in a month.
I did a quick value with WBAC out of interest and its dropped down to £20,300. Motorway were only valuing it £1k higher. So I avoided a £5k hit in a month.
maybe end of the convertible season ?
good choice - the strongest yes - nearly posted this the other day
couldn't see why people would be fighting for convertibles, though
Bear in mind Motorway isn't actually offering you that - unlike WBAC, Motorway is just a broker that connects you to people who theoretically will offer somewhere near that.I seem to have moved into profit now on my Lexus NX300h that i bought in June. Paid £26.5k and Motorway are suggesting £28k
Just need this pattern to continue for around 2 years ideally, till i sell and move abroad!
Still - good to know you aren't losing money at a rate of knots like the market would typically give us lol.
The UK has historically had an ultra-competitive used car market (high depreciation) not mirrored in all countries. Australia for example when I looked a few years back it didn't really make much sense to buy used over new unless you were really pushed for cash and simply couldn't afford brand new. I do wonder if this current situation might result in a shift of market conditions in the long term such that you can't just buy a car at a year old and save 40% or whatever.
One of the issues at the moment is lead times for new cars, I'd be happy to sell at current used car prices and buy at current new car prices but the problem is by the time the new car gets delivered the used car price may have plummetted.
Presumably due to our favourable financial position making new cars much lower cost unless paying with cash.
Do you think car finance isn't a thing in the rest of the world?
No way, really?!
I've often thought it was odd that used car prices are so cheap in the UK. People get a massive shock when they move abroad and what they end up paying for a 10 year old car.
Perhaps this will reset the UK market. Plus a lot of manufacturers have made noises they would like to use this covid blip as a reset to move to a smaller production, higher price model.
