WBAC Values

HangTime said:
WBAC is part of BCA so in theory for cars going to auction they should be able able to offer the most money, as you are cutting out the middle man (i.e. presumably unlike other dealerships they don't need to pay commission or it's a wooden dollar transaction).
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And they own Cinch which means it helps them source their own cars without a middleman (which is what BCA usually do for the trade) so they can afford to pay a bit more for retailable cars
 
Well, just sold my 2019 Q7 to WBAC this morning. Online valuation had gone up to £39000, up from £35000 last month. Appointment booked for 11am and car sold by 11.30. Documents checked, service history checked (I had to get an Audi service record printed off), car checked over and final figure of £38748.60 agreed upon. The reduction was due to the £75 admin fee and some stone chips on front of car. Great guy from WBAC, very friendly and I would use them again.
 
So had an email again if WBAC saying it's been 5 days some last valuation...done it and it's gone up a few hundred quid...£7k now.

Car is a 18 plate Aygo...with these sort of prices am I likely to get much more private?
 
GinG said:
So had an email again if WBAC saying it's been 5 days some last valuation...done it and it's gone up a few hundred quid...£7k now.

Car is a 18 plate Aygo...with these sort of prices am I likely to get much more private?
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Presumably the delta between what you’d get private vs WBAC won’t have changed much.
 
Kill_Phil said:
Peoples thoughts on whether prices will continue to hold/grow?
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short term they will go up further considering new cars are still short and big delays and used market demand increasing due to latter and now Summer is coming.

Might see a dip in a year or so but can see any dip being short lived as soon the current petrol cars will be a rarity when 2025 onwards the majority of new cars will be electric and think it’s fair to say the enthusiast will be hunting for the fun cars and noisy cars which will create a used car shortage and force prices up. That will only change if governments force people to go electric by stopping the sale of petrol or making it a crazy price like £5 a litre or something.
 
Guess I picked the right time to invest in motor vehicles.
I’ve lost £1000 in 3 years on my 67 plate Civic.

Just waiting for the Z4 e85 boom.
It’s coming…
 
Gibbo said:
short term they will go up further considering new cars are still short and big delays and used market demand increasing due to latter and now Summer is coming.

Might see a dip in a year or so but can see any dip being short lived as soon the current petrol cars will be a rarity when 2025 onwards the majority of new cars will be electric and think it’s fair to say the enthusiast will be hunting for the fun cars and noisy cars which will create a used car shortage and force prices up. That will only change if governments force people to go electric by stopping the sale of petrol or making it a crazy price like £5 a litre or something.
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I'm looking at moving on mine that I got in January as the wife just isn't getting along with it. Only issue is finding a replacement is just as bad/is just as costly. Put a couple of lease queries in with the view to cash out whilst it's high.

Couple of dealers I have spoke to expect stock August/Sept time so whether that will have any bearing? I guess its the same silicone shortage that is driving gpu prices
 
Basher said:
By ‘going rate’ I guess you mean private sale?
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No i mean the average price private and trade. I was looking at the prices of my car only a few weeks ago after i thought it was going to be write off and decided to be prepared and have all the relative information at hand. WBAC offered me the same value, as i was offered when i was looking at trading it in at the start of the year.
 
inflames said:
WBAC just offered me half of the current going rate for my car. So they seem to be there usual selfs to me.
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They typically offer trade value or thereabouts which seems reasonable. Which car is this as unless it's something difficult to value or quite specialist it seems strange the offer is only half the value of the car?
 
[TW]Fox said:
They typically offer trade value or thereabouts which seems reasonable. Which car is this as unless it's something difficult to value or quite specialist it seems strange the offer is only half the value of the car?
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Or it’s a £500 offer for a £1000 car :p
 
[TW]Fox said:
They typically offer trade value or thereabouts which seems reasonable. Which car is this as unless it's something difficult to value or quite specialist it seems strange the offer is only half the value of the car?
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I agree they usually offer the same as you would get with trading it in and thats what i expected. I was just intrested to see, what they would offer as so many people seem to be getting good offers. At the end of the day my car is nothing special, its just a 2011 Passat CC.
 
Stuck our car through WBAC and EH to see what they came back with, it seemed broadly in line with (normal) expectations nothing particularly good. Works out at roughly 27% of list price on a car that typically has fairly high depreciation that will be 5 years old in October. Looking on AT their valuation is around £1.5k less than trade prices which again is the normal delta I expect to see, although it's difficult to judge as there aren't many good matches in terms of trim and engine. Can't see why many people would buy our car second hand as a faster Diesel model is cheaper and more economical despite having a higher list price.
 
Seems like they have dropped the valuation of my car today from what it was 3 days ago (approx 3 percent). Anyone else found this? Knew I should have sold a few days ago but struggling to find a replacement!
 
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