WBAC Values

Quite surprised that the WBAC value for C63 is more than I paid. But then given the increase in AMG car values recently, I guess that makes sense. I just always assumed WBAC mug you off big time
 
hurfdurf said:
Capitalism for skilled workers that there are a shortage of workers out very well for the workers.

What I can’t understand from what I’ve discussed within the construction industry is why, to secure long term loyalty, the bigger boys didn’t treat people correctly in the good times.

I’ve got friends who are commercial managers for some of the international construction companies, they want QS’s. A good QS gets paid what, £50- £60k? Massive skill shortage, not one company will go out of their way to separate themselves from the pack in terms of what they offer, and yet claim they are losing millions due to not being able to run jobs properly. Makes no sense to me.
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I cant speak for the big companies but a good QS gets paid a lot more than £50-£60k. Thats how much somebody young with 3-4 years experience wants. Good QS's are asking for packages around £100k atm.

Anyway back to car values, i am going off at a tangent.
 
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Their valuations for older cheaper stuff seem to have grown more generous too. Offering 1400 for the Celica, which I think is what I paid for it.
Would probably get 1800 privately but still, good to know I guess! :p
 
Tinders said:
Its like house prices isnt it, you are only benefitting if you are selling and dont plan to buy anything else.
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Like with house prices, it depends if you are wanting to move up or down the ladder. If you have an expensive car and watch to switch to a cheap runabout because you never go anywhere these days, then you do benefit because the cheaper car probably goes up less in value than the expensive one.

One difference however is that rising house prices benefit you even if you aren't selling, because you have a bigger asset that you can draw down on via [re]mortgaging. Essentially you can use it to get access to cash. Whereas with cars you can't really do that for cars you already own (at least not easily, maybe some places will offer you a secured loan, but I doubt the rates are competitive compared to mortgages).
 
Greebo said:
Oh they are really good at that. Thats how the local employees make their bonus by finding anything to mark them down.
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That's not true. They are bonused based on how accurate their inspections are compared to BCA. They used to get bonused for marking cars down but it was quickly stopped.

Tenzo said:
What’s the impact on new cars? Reduced discounts across the board? Increased retail pricing?
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There is no stock on new cars, like literally none for some major players. I know of a couple of big dealers selling at full list, and getting sales.
 
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Tenzo said:
What’s the impact on new cars? Reduced discounts across the board? Increased retail pricing?
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the emails i have been getting from brokers is that any discounts on new cars are very hard to come by. I can see why since there are so many models that if you order now, you wont get until next year.
 
Just checked a few dealerships approved list for brands like Porsche, Ferrari and Lamborghini and well some used showrooms must be pretty empty, I was shocked to see Dick Lovett Ferrari only have around 15-20 used cars in total (they normally have 50+) and absolutely no 360's, 430's or 458's in stock at all, apart from LHD and special versions. So delays on getting a new car and now used cars are reducing in numbers fast.

If this keeps up which it probably will for a few months, hold onto your cars until end of Summer or the year and if the values rocket and your in a position to sell well could be a good idea and then invest the money or bank it and just buy again when the market softens or has a dip when the flood of new cars arrive and thus see the used market stock increase again.

Same old, supply and demand......................
 
Housey said:
World is all very odd right now, lots of cash sloshing around at a time when you imagine there is little to go around.
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Always those who profit from a situation like this as well as those who suffer :(

Personally I've been able to save a fair bit over the last year as well with the way things have been.
 
Just putting the feelers out with Motorway for the M140i, March '19 reg and only 9k on it. Won't use WBAC after they totally ripped off a family member, and claimed the car was marked down due to 'issues' that didn't exist.
 
blimey, just checked them for my bullit. I could sell it for £700 less than i bought it new for and i have done 3000miles. Bonkers.
Sadly though, i want a porsche and their values have gone nuts.
 
Journey said:
Won't use WBAC after they totally ripped off a family member, and claimed the car was marked down due to 'issues' that didn't exist.
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Did your family member go through with it then? I'd have walked away.

I've heard many horror stories but the couple of times I've used them they've always been fair. If they were offering you a decent price, I'd not overlook them based on past experience. Could've just got a bad egg individual that day.

Only issue I did have was a modern BMW with no physical service book that they got antsy over. I don't think they believed the cars internal service history, which I guess is fair enough to a point.
 
wingman said:
Did your family member go through with it then? I'd have walked away.
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Yes, that is the worst part she wasn't aware at the time that she was being ripped off, and it was only after she mentioned it to me I said you could have just walked away. I'd have went with her but I live far too far away for that. I suppose they are OK but you need to have your wits about you, and have some confidence to tell them to get lost. :)
 
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