WBAC Values

It could be more...

I put my 2016 Skoda Superb on a Carwow auction a couple of weeks ago and was offered £7900. Miles better than WBAC which was £7300. I wasnt quite in a position to sell just then so I turned the offer down but made a mental note of the dealer who offered that price which was only a few miles from where I work.

Later, I called that dealer, took it round after work and after inspection, he offered me £8k.
Makes sense because you've cut out the middle-man. I assume the actual amount paid would have been over £7900 via carwow and then they take a cut before giving you £7900, although I don't know for certain.
 
Makes sense because you've cut out the middle-man. I assume the actual amount paid would have been over £7900 via carwow and then they take a cut before giving you £7900, although I don't know for certain.
Probably charge the dealer something like 10% on top.
 
Probably charge the dealer something like 10% on top.
It's a set fee per range of selling price, it is online somewhere but I can't find it at the moment i's not a huge amount.

I've recently sold a car via Motorway. You'll get a reserve price estimate before listing once you take photos of the car you need to call them and they then take money off it for any damage etc. It then goes up and dealers bid you then get the option to accept or not even if it is over reserve, mine went for 20% over reserve.

What car are you looking sell ?
 
for Kristmaces' favourable carwow £7.9K offer,
presumably dealer knew he was geographically close to owner so may give a favourable offer since lower costs involved, and easier comeback if car showed any unlisted issues.
 
for Kristmaces' favourable carwow £7.9K offer,
presumably dealer knew he was geographically close to owner so may give a favourable offer since lower costs involved, and easier comeback if car showed any unlisted issues.

I don't know whether the dealer knew I was only 20 odd miles away, but it certainly helped me decide knowing I could easily drop it off.
 
Just had my car on car wow and got final bid at £400 below reserve. I'm in two minds about accepting. A garage offered me less money than this on the weekend so this price doesn't seem too offensive but I should maybe just go private sale to try and scrape more money.


Man I hate selling cars.
 
Man I hate selling cars.

Same, I'd genuinely be the worst car salesman, I'd never make any money at all.

It depends on how much it's worth to you in terms of monetary value and I know that's obvious but you have to weigh up the potential extra from the private sale, and the faff of actually selling it that way.

Were you happy with the reserve?
 
Same, I'd genuinely be the worst car salesman, I'd never make any money at all.

It depends on how much it's worth to you in terms of monetary value and I know that's obvious but you have to weigh up the potential extra from the private sale, and the faff of actually selling it that way.

Were you happy with the reserve?
The reserve was at 6750 and I was quite content with that considering the second hand market would likely get about 8 and I appreciate dealers have margins to meet.

It came in around 6350 which is a bit low but not totally insulting.

I could maybe stick it on auto trader for 7.5-8k and expect someone to haggle but I'm not sure I need the faff.

Though saying that, I expect the car wow dealer to try and knock me down again when they visit to collect.
 
I haven't no. I only tried car wow. Is motorway a better option?
It'll cost you nothing to get a new estimate, and subject to any damage, I haven't heard of any car being low balled. In fact sometimes it goes over. I can't comment on CarWow but I think it's the 3rd best?
 
second hand car prices (&ice fuel) were apparently outliers with high inflationary increase, otherwise reeves would have had a full house -
media didn't explain the cause

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Prices starting to rise again (for petrol cars)?

WBAC price for me same as the private price AT gives (2018 2 series @£16k).
 
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I sold my 2010 Honda Insight to WBAC. It had a rust hole in the rear passenger sill but still some MOT time left. Basically was going to fail without about £600 worth of welding etc.

A 'proper' job for replacing the rusty panels would have been a couple of grand at least.

Pristine, WBAC would have offered £2200. Got just over a grand from them. In the circumstances, that seemed OK to me. A 6'5" teenage son was necessitating a car change, so it was time.

A private sale in great condition may have brought £3k in, but I think that ship had sailed. It's the first car I've ever felt a bit sad getting rid of though.

If there had been nothing wrong with it, I'd have rather sold privately, or maybe kept as a 2nd car. Electrically and mechanically it had been brilliant. With something that would be an MOT fail without repair, I guess I felt better about selling to WBAC than privately.
 
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