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I've heard of a few in another club who've got what was 'offered' or even a bit more.Has anyone actually gone though with selling a car to WBAC? Do you actually get what they offer?
I've heard of a few in another club who've got what was 'offered' or even a bit more.Has anyone actually gone though with selling a car to WBAC? Do you actually get what they offer?
@MarkMas didHas anyone actually gone though with selling a car to WBAC? Do you actually get what they offer?
Yes just need a finance settlement figure.We have all heard the SOR horror stories, usually involving air-cooled Porsches, but @dickygrace 's reputation is beyond repute.
Of course outright sales bring certainty on price, timing and ownership so what's best will always be dependent on each person's circumstances.
Just for future reference Dicky, are you able to sell a car that is on a PCP and how does that work?
Just curious, how is that worked out? From finance company, using genuine calculations, or the selling dealer, finger in air and them taking the **** in their favour?Yes just need a finance settlement figure.
What was the actual wbac offer, or did I miss it?Yep wants it on SOR. Not for me. If he can match WBAC then he can have it.
Finance Company - figure is available in secondsJust curious, how is that worked out? From finance company, using genuine calculations, or the selling dealer, finger in air and them taking the **** in their favour?
I don’t think any decent 997 (particularly Gen 2) is likely to lose big numbers any time soon. There might be a few £k here and there but providing your not silly with the buying price, they’re well regarded and some say the last small analogue 911 so sought after. And 911s generally always do ok in the long run. Even the often disliked 996 is holding firm now (and there’s history based on the 964 which again wasn’t well regarded and has bounced right back to very desirable). The 997 has always been liked so started from a strong footing. I am biased however as I have a manual 997 GTS (7 years into ownership), and will likely never sell it (as long as I can get in and drive it)!I agree with you but this should impact more the main stream second hand car market than the "luxury / sport" market in my opinion. I have been looking at two cars that I really like, the 997 and Maserati GTS for the last 6-12 months, both have increased very strongly in price, especially the 997 from what I have seen. For me, it is either because these cars were undervalued before (it was a lot of car for app. £25k) or there is currently a small bubble for these cars due to summer and spare cash after lockdown. Which assumption is correct, I am not sure? I am very tempted to make a move to buy one although might be worth waiting for 6 months...
My daughter had a 54 plate mini and late last year was offered £200 as a trade in. Went on the WBAC website and was quoted £600 and when she took the car in actually got £640 or £675 I can’t remember exactly. Also a friend of mine took a 63 plate 5 series tourer and got slightly more than quoted online. So yes as far as I know it does work at the moment.Has anyone actually gone though with selling a car to WBAC? Do you actually get what they offer?
Finance co make the settlement figure but I don’t know the ins and outs of how it’s calculated; it’ll be in the T’s & C’s though.Just curious, how is that worked out? From finance company, using genuine calculations, or the selling dealer, finger in air and them taking the **** in their favour?
Thanks. My dream garage, a GTS and a 997, but I have to choose one only…I don’t think any decent 997 (particularly Gen 2) is likely to lose big numbers any time soon. There might be a few £k here and there but providing your not silly with the buying price, they’re well regarded and some say the last small analogue 911 so sought after. And 911s generally always do ok in the long run. Even the often disliked 996 is holding firm now (and there’s history based on the 964 which again wasn’t well regarded and has bounced right back to very desirable). The 997 has always been liked so started from a strong footing. I am biased however as I have a manual 997 GTS (7 years into ownership), and will likely never sell it (as long as I can get in and drive it)!
Edit: also remember you’re a long time dead.
I sold around 5 years ago via WBAC a Volvo v40 diesel I had good condition with 40k miles on the clock FSH etc., they quote a great price online and then start deducting for any stone chips/marks etc. Ended up around £300+ reduced after they deducted around £80 per stone chip (minor ones on the bonnet) and got their paint thickness measurer to double check for further potential reductions! Tiny Wheel scuffs or marks they will also deduct...Has anyone actually gone though with selling a car to WBAC? Do you actually get what they offer?
Has anyone actually gone though with selling a car to WBAC? Do you actually get what they offer?
I didn't realise but WBAC was bought by BCA Auctions and BCA also own Cinch (probs seen those annoying adverts crop up recently). So they have a smart end to end model but I feel as though they are trying to screw indie dealers which sucks. i.e Car sold to WBAC, goes to BCA. If car is deemed good then they sell it to retail on Cinch. If it doesn't meet their requirements they push it through the auctions for other dealers and keep the cream. Getting good stock is going to be harder and harder for the indies I think .
Agreed - it does feel like a potential market shift. I think it’s also reduced supply of private sale cars, as people are getting a decent offer from WBAC (and others like Evans Halshaw that are doing the same), to the extent that it’s not worth selling privately.