Online Car Buyers

[The Jogger]

Thank you Moderator I will use the word Richard in future, much more polite

 

[steve50]

I will consider myself moderated , but................

 

[TheDoctor]

*sits on Naughty Step*

 

[TheDoctor]

I'm sure there'll be more in the future...

 

[wheresthetorch]

That's the first time I've been moderated. It was kinda fun.

 

[TheDoctor]

I know. I feel...kinda bad. But in a good way.

 

[Salad Dodger]

I used to work in a company that shared a building, and car parking space, with one of the big "instant buy" car buyers.

Exactly as Steve posted early on in this thread, their inspectors would always knock money off the final valuation for any and every flaw in the vehicle.

It might be worth selling a banger to such a firm if you are only hoping to achieve a couple of hundred pounds for it, as it might ve quicker than having it hanging around at home until a classified or some such yields a buyer.

But for a decent car, where you are expecting significant money, i wouldnt use these companies.

Just my personal opinion.....

 

[stearman65]

I told one of my neighbours what I was thinking of doing, he's trying to sell a 1999 Honda Civic Coupe, 73K miles, no tax or MOT. There are examples on Autotrader at around £1000. The company who valued mine wouldn't even quote a price. The local scrap man has quoted £150.

 

[Profpointy]

I told one of my neighbours what I was thinking of doing, he's trying to sell a 1999 Honda Civic Coupe, 73K miles, no tax or MOT. There are examples on Autotrader at around £1000. The company who valued mine wouldn't even quote a price. The local scrap man has quoted £150.

to be fair no-mot and / or faulty is going to be priced accordingly and not going to be £1000 , unless it's an Aston Martin or whatevee

 

[User6179]

By coincidence, one of the companies I made my initial enquiry from has just rung, so I've now made an appointment with them, the admin fee is £69.99 if they buy the car, if they don't or I don't accept their final offer there is no charge. Instant payment into my bank account. They also did an HPI check while I was on the phone. So it looks like there aren't any scams. Will report back when they've been. I'll also check with my bank what the position is.

If they ask you to pay the admin fee first instead of taking it off the price I would tell them to bolt , I don't understand any need for an admin fee , they can simply offer you the price less the fee.

 

[NorthernDave]

I can only speak from my own experience, but Evans Halshaw beat the price we were offered by a car buying service on line by quite a bit when we changed cars earlier this year. Obviously it might have helped that we were buying another car from them, but there was night and day between the values offered - and we got a good deal on the new car too.

 

[Brandane]

no tax or MOT

No tax (or indeed, valid tax) should make no difference these days since it's not transferable with the car anyway.

 

[User33236]

I've used WBAC twice. First to sell a Honda Insight and the second to sell a Ford Mustang.

I got a fair price (somewhat higher than trade in) for the Honda and significantly more that it's true value for the Ford. I guess I was lucky both times. I'm pretty sure the money they offered, and paid, for the Mustang was based on their wrong assumption that the car was a later version that it actually was. There was a model change in the year mine was built.

As for fees (with WBAC at least):-

• There is no transaction fee applicable for cars valued below £134.99 (subject to minimum valuation of £85)
• A transaction fee of £49.99 is applicable for vehicles valued at £135.00 to £4999.99
• Where the Price is £5,000 or more, the transaction fee is £74.99

 

[Dave7]

I tried "we buy any car"... ..they actually offered a decent price.
I didnt like the thier attitude but the deal was ok. You agreed the price online (based on your description)....then you take it to the nearest site and must take all documents & keys plus proof of i.d.. they pay the money into your account and you walk away minus a car.
They are avoiding time wasters so have a point....but were very abrupt/rude so I did a PX for £100 less.

 

[stearman65]

No tax (or indeed, valid tax) should make no difference these days since it's not transferable with the car anyway.

You do however get a refund on the existing tax if it is 6 months or over I believe, I got £125 back when I sold my Ford Fusion.