WBAC Values
- Thread starter Gibbo
- Start date
Had emails from WBAC today with your car has increased in price.
Do values normally start to go up so fast always thought it was March onwards when the seasonal trend seem to start reversing, seems to be happening sooner this year, could mean used prices could have a very strong uplift this year......
Do values normally start to go up so fast always thought it was March onwards when the seasonal trend seem to start reversing, seems to be happening sooner this year, could mean used prices could have a very strong uplift this year......
Yep all my cars went up this week 1-5k. The Yaris is now back to worth more than I paid for it, LOL.
I’ve personally sold to WBAC and traders always been easy and simple, also the car I took to WBAC had some minor issues so took it last thing on a Friday and the guy spotted only 1/3 of the issues and knocked like £140 of the value of 6k, so easy.
I know people who have sold to Cazoo who say it’s the easiest as they turn up, load the car and leave and generally only ever check for the V5 and service book and the car check is literally start it check for error lights and then turn it off, job done.
I think it’s why these buying companies are doing so well because they tend to offer fair prices now and they don’t mess you about at all, no need to deal with strangers or random test pilots and tyre kickers.
I know people who have sold to Cazoo who say it’s the easiest as they turn up, load the car and leave and generally only ever check for the V5 and service book and the car check is literally start it check for error lights and then turn it off, job done.
I think it’s why these buying companies are doing so well because they tend to offer fair prices now and they don’t mess you about at all, no need to deal with strangers or random test pilots and tyre kickers.
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Hi there
So sold my mothers car to Cazoo yesterday who were absolutely spot on. She paid around £6400 for her Toyota Aygo just shy of three years ago with 25k miles and sold it to Cazoo yesterday with 34k miles for £7125 minus £99 collection fee.
They arrived on time, rang 30 minutes before arriving, did a visual check, moved the car up and down on driveway and checked documentation, agreed there was no issues and did an instant transfer for £7026, was a very easy and simple process, money was in her account within 30 seconds.
I suspect they will list the car around £7000-7500 and hope the buyer also takes on finance and maybe a service pack as WBAC were at £6500 and Motorway was at £6814, so great price from Cazoo and super easy to deal with and not a penny knocked of the car.
So sold my mothers car to Cazoo yesterday who were absolutely spot on. She paid around £6400 for her Toyota Aygo just shy of three years ago with 25k miles and sold it to Cazoo yesterday with 34k miles for £7125 minus £99 collection fee.
They arrived on time, rang 30 minutes before arriving, did a visual check, moved the car up and down on driveway and checked documentation, agreed there was no issues and did an instant transfer for £7026, was a very easy and simple process, money was in her account within 30 seconds.
I suspect they will list the car around £7000-7500 and hope the buyer also takes on finance and maybe a service pack as WBAC were at £6500 and Motorway was at £6814, so great price from Cazoo and super easy to deal with and not a penny knocked of the car.
Unless your mate is the sales manager.
But yes your absolutely right that is generally the case.
All the people I know in the industry are reporting a slow down but sales are still good, just not insane crazy how they were but as each month passes it seems to slow.
seems premonitory of what they think will happen in used car market with current economic situation
Cazoo announces hundreds of job losses in cost-cutting plan
Online used car dealer has spent big on sponsorship deals but failed to impress investors with sales figureswww.independent.co.uk
This was writing on the wall, we are all happily taking advantage of them giving us essentially too much for our cars and they then sell them for what they paid or there abouts, but have had cost associated with preparation, marketing, advertising etc. Relying on customers buying on finance and additional warranties is risky ground when you essentially typically paying above trade values for vehicles and in some cases close to retail.
Not great for Cazoo or their employees but for us as sellers it has really made selling used cars so easy and getting good money without any hassle.
Indeed but for us as sellers the likes of Cazoo, WBAC, Motorway, CarWOW has really made our life's much easier, no longer having to pay to advertise cars, deal with phone calls and total randoms turning up at your house and still getting close to what a regular buyer would give you.
The likes of these companies can also help you with trade in values too, when a dealership offers you x amount for your trade in and you then let them know that Cazoo has offered you a higher amount they either laugh at you or match the offer. Win all round for us.
They were trying to win the market by buying up stock, simple as that, but its backfired on them as they have been over paying too much, still sometimes with startup companies it is all in the business plan to potentially make losses or no profits, so for all we know all could be proceeding as planned, risky game though in such a competitive market to operating on such low margins, as the result is what has happened, redundancies and potentially failing.
Most my cars are unchanged, The Lotus seems very low but that’s just WBAC not having a clue about plastic cars made in Norfolk. The Ferrari is coming back at 130k plus which is nearly 10k up the rest are about the same and the Yaris still worth 30k trade even with 11,000 miles on clock.
Yeah think those cars you've got Gibbo are a serious niche, don't think fuel prices have the same impact for Ferrari owners
Thanks buddy, must have missed you, did you spot the BOSS 302, what a car that was, totally originally in Calypso Orange even with the cracking paint, had a good chat with the owner who hopes to get the car body full restored and re-painted.
When you spotted my car was the Indy 500 magazine and book in the back? Found them on the day at the show an Original Indy 500 programme where the Pace Car debuted, great find for £10 to go with the car and then also the C3 book which has several pages on the Pace Car as well, that cost me £40 but great little finds for the car. Hoping in 10 years or so time the 78 Pace Cars will explode in value like some other cars have done so, would be nice if it was worth 60-120k region in a few years time.
I'd be cautious of buying any car with intention of flipping in the next few months, I may cancel my Emira order or defer it to an AMG version as I don't particular want the car any more with the V6 in if I keep the Exige, better to not bother at all unless they start flipping around the 100k mark as then might as well take the car to make the 20k tax free money, but only time will tell.
Just can’t be bothered to check lol.
WBAC sending emails again, your value has increased blah blah, Yaris now over £31,000, 458 over £130,000, retail prices seem strong as well.
My GT3 sold in under a week, at a price higher than I paid for it in June, used market is really hard to predict it seems, I am tempted to take the gamble though and sit on the money and hope the Winter will bring a drop early next year before pulling the trigger on a 600 LT Spider.
My GT3 sold in under a week, at a price higher than I paid for it in June, used market is really hard to predict it seems, I am tempted to take the gamble though and sit on the money and hope the Winter will bring a drop early next year before pulling the trigger on a 600 LT Spider.
But how will you get to work if you have sold your car?
Drive one of the other cars.
Only keeping Yaris because Mrs likes it, I've pretty much lost interest in it to be honest. Plus come March they gonna want 20k of me to keep it, or I can sell it and pocket 12-14k, decisions. Will certainly keep it through Winter though, don't want to be driving the other cars on salty roads to be honest.
Epic car but I gave a 600LT a try and now I wish to own one. I am sure I will end up back in a GT3, but next time I will try an RS or gen2 car or do as I've done in the past, buy it back lol.
All the new car price increases is helping a lot, most brands increasing prices.