WBAC Values
- Thread starter Gibbo
- Start date
The GR Yaris dropped to a low of £28,000 in December but last week it was up to £29,850 on WBAC.
Most car dealers I know have reported an absolutely mental January business wise, which they are glad of as most of them had a tragic December, but January has seen a huge uplift which they also said tends to happen in January but it’s been better than expected.
Ferrari is massively up value wise now 130k plus trade and 600LT not moved. Not checked other cars.
Most car dealers I know have reported an absolutely mental January business wise, which they are glad of as most of them had a tragic December, but January has seen a huge uplift which they also said tends to happen in January but it’s been better than expected.
Ferrari is massively up value wise now 130k plus trade and 600LT not moved. Not checked other cars.
Soldato
Just done a test on my old 2014 Focus which I sold (to another place) last month and WBAC are offering £100 more than what they did then.
You work for GB News?
Soldato
70 plate Corsa electric, wbac value at £15150 today, was £19950 early December.
Soldato
Defender seems steady around £73k just needs to hold on a little longer.
Maybe ???
The discussion in this thread is a little over a month though. We aren't really talking about £100 fluctuations over a month. But thousands over year of more.
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Wish these were on privilege but they're more than an F Pace SVR
Used car dealers are struggling for stock, spoke to my local mechanic I've known for years and a couple of independent car dealers (they might be biased) but they've all said the same thing
Autotrader numbers would also indicate this. Strange times, I think many were thinking lots of cars would be up for sale post Christmas.
Autotrader numbers would also indicate this. Strange times, I think many were thinking lots of cars would be up for sale post Christmas.
Soldato
Just put my C63 through Cazoo for a laugh:
2013 Mercedes C63 Coupe with PPP - FSH - 80k miles - completely standard
£13250
The cheapest C63 Coupe on Autotrader, which is a year older, has 20k more miles and is a none PPP is £18300 at the moment. The cheapest PPP is up for around £21k on 105k miles
2013 Mercedes C63 Coupe with PPP - FSH - 80k miles - completely standard
£13250
The cheapest C63 Coupe on Autotrader, which is a year older, has 20k more miles and is a none PPP is £18300 at the moment. The cheapest PPP is up for around £21k on 105k miles
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Just put my C63 through Cazoo for a laugh:
2013 Mercedes C63 Coupe with PPP - FSH - 80k miles - completely standard
£13250
The cheapest C63 Coupe on Autotrader, which is a year older, has 20k more miles and is a none PPP is £18300 at the moment. The cheapest PPP is up for around £21k on 105k miles
WBAC and other pricing sites just do not get some cars, this is where Motorway can be better as it is dealers bidding, but of course sometimes it is best to just approach a dealer directly.
For example WBAC on my Exige values at 52-56k, dealer has offered me 68k, private offers around 70k, not accepting any, will be worth more in the Summer and as Exige numbers drop available for sale, in the meantime I can enjoy more track days and time with the car until its replacement potentially arrives.
Also I mentioned last year when everyone was saying market is crashing, a lot of the dip seen around December is seasonal, car market naturally picks up in January and more so in March when new registrations come out. Were not going to see dizzy heights of used prices during pandemic but the big crash is simply not going to happen, simply because used car availability is dropping due to brand new cars now costing so much more, this also helps to hold used prices up and in a matter of years the cheapest car someone can buy will be electric and something tells me they won't be starting at 10k or even 20k, which makes them a lot more expensive to get into, this will keep used prices higher, especially ICE unless governments try to price fuel so high to make it unaffordable to most, but that is unlikely to happen or synthetic fuels will come about. It is more likely electric will be taxed more.
Either way anyone thinking of selling, wait a couple of months, anyone buying, do it now.
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Ha, just did my R8 - £20k.
Yeah, no.
I think this is reasonable for any given year as you say, December is never a good time to sell a car, or winter in general.
That's a big difference. And chances are both companies would price the car more or less the same. Could've been as much as £10k profit for Cazoo, but I suspect the price they offered indicates its not the kind of vehicle they'll sell easily.
Cazoo were on a land-grab about 15months ago with inflated offers but they've hit difficulties and are much less competitive now. At one point they were offering about 15% more than WBAC for our car, but now WBAC is ~6% higher. TBH I think they kinda shot themselves in the foot a bit, there were examples of them buying cars and then having to sell them at a loss, even on this forum there were one or two who'd sold them a car and were then tracking the resale price on their website.
They had redundancies in the UK last year plus closed their european operation, more job cuts coming it seems:
www.am-online.com
They had redundancies in the UK last year plus closed their european operation, more job cuts coming it seems:
Cazoo plans UK site closures and job cuts after European exit
Cazoo plans to close sites and axe jobs in the UK as part of a ‘Revised 2023 plan’ following its 2022 exit from used car markets on the European mainland.
www.am-online.com
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