How much will WBAC reduce offer?
Discussion
We've got a 2004 3.0i X5 which sadly comprehensively failed its MOT and we've decided its time to move on so I need to sell it. WeBuyAnyCar have made a surprisingly good offer, though clearly I'll need to get it to the depot.
Some other lot have offered under half what WBAC have offered, but will come and get it.
I've been as honest at the WBAC website will facilitate in terms of disclosing the issues, but the fields have limited selectable content. Does their system 'read' the MOT history as part of the offer process? How much are they likely to chip off their offer when I get there?
What I want to avoid is getting the car there and ending up worse off than if we sold to the collection people.
We're not talking a fortune in 'powerfully built PH director' terms, but I'd like to get the best outcome we can.
Some other lot have offered under half what WBAC have offered, but will come and get it.
I've been as honest at the WBAC website will facilitate in terms of disclosing the issues, but the fields have limited selectable content. Does their system 'read' the MOT history as part of the offer process? How much are they likely to chip off their offer when I get there?
What I want to avoid is getting the car there and ending up worse off than if we sold to the collection people.
We're not talking a fortune in 'powerfully built PH director' terms, but I'd like to get the best outcome we can.
Edited by Robertb on Monday 7th October 12:35
Challo said:
As long as you have been as honest as possible then I should suspect they shouldnt reduce the price that much.
They will probably chip off a little, but it's all about the honesty of the description.
Didn't know they bought MOT failures.
They will, but their system assumes the car has 6 months left, so unless you tell it any different......They will probably chip off a little, but it's all about the honesty of the description.
Didn't know they bought MOT failures.
Be prepared for them to give it a kicking OP. It's their business model, as long as you keep that in mind and have a firm stop where you want to let it go.
FYI - My wifes car on the normal valuation comes in at £7275
Adjust for no MOT drops it to £6500.
Adjust to 'some' history from full is £6405
Adjust to 'none' - £6350
Adjust to 1 key - £6115
Adjust for 2 kerbed wheels - £5945
It wouldn't allow me to adjust any more (booooo) but you can see how the game works. They will pick it apart and amend £50/75/100 here/there (plus the £75 admin fee) and your £7275 becomes £5500 maybe?
Robertb said:
We've got a 2004 3.0i X5 which sadly comprehensively failed its MOT and we've decided its time to move on so I need to sell it. WeBuyAnyCar have made a surprisingly good offer, though clearly I'll need to get it to the depot.
Some other lot have offered under half what WBAC have offered, but will come and get it.
I've been as honest at the WBAC website will facilitate in terms of disclosing the issues, but the fields have limited selectable content. Does their system 'read' the MOT history as part of the offer process? How much are they likely to chip off their offer when I get there?
What I want to avoid is getting the car there and ending up worse off than if we sold to the collection people.
We're not talking a fortune in 'powerfully built PH director' terms, but I'd like to get the best outcome we can.
Did you tell wbac that it had no MOT?Some other lot have offered under half what WBAC have offered, but will come and get it.
I've been as honest at the WBAC website will facilitate in terms of disclosing the issues, but the fields have limited selectable content. Does their system 'read' the MOT history as part of the offer process? How much are they likely to chip off their offer when I get there?
What I want to avoid is getting the car there and ending up worse off than if we sold to the collection people.
We're not talking a fortune in 'powerfully built PH director' terms, but I'd like to get the best outcome we can.
Edited by Robertb on Monday 7th October 12:35
ymwoods said:
I was one of the lucky ones by the sounds of it. I sold an L200 to them 3ish years ago and I walked out with more than the offer on the website. It was an amazing condition though in fairness.
Three years ago prices were going nuts as dealers couldnt get their hands on stock so were bidding daft amounts for most things.OutInTheShed said:
There was a thread in SP&L a few weeks ago.
Somebody's Dad sold a shed to WBAC and they slashed the offer from the thick end of a grand to small change.
The car was later spotted on a forecourt for over a grand?
That’s not surprising; they are always going to find non-disclosed damage on a shed they have valued at a grand. WBAC then sell it at BCA (making a profit obviously), the buyer then pays an auction premium on the sale price then has to prep it and retail it for a decent profit, so you can easily see how it will be on a forecourt for over a £1000. Somebody's Dad sold a shed to WBAC and they slashed the offer from the thick end of a grand to small change.
The car was later spotted on a forecourt for over a grand?
Dog Biscuit said:
Just developing the theme here...
What would happen if an unscrupulous seller passed off a lemon. Say a knackered gearbox or a car with HGF?
Would WBAC come knocking demanding money back or reversing the purchase?
I’d say the vast majority sold are lemons. What would happen if an unscrupulous seller passed off a lemon. Say a knackered gearbox or a car with HGF?
Would WBAC come knocking demanding money back or reversing the purchase?
Always pay for instant transfer so this can’t happen.
Is stories of them turning round where people having done so saying take less money or they won’t buy it.
DaveH23 said:
Isn't there a few threads on here stating Motorway are usually better than WBAC.
You could try them OP.
Thanks - just checked and sadly Motorway won't play due to the car's age. However, their site referred me to the Car Buying Group, who appear to have matched the WBAC quote (though I've not entered any info beyond the reg no and mileage and it seems the offer assumes 2 months MOT) and will do free home collection! Will explore further when I can do their mobile appraisal.You could try them OP.
Edited by Robertb on Tuesday 8th October 10:44
66HFM said:
If you are worried about the cost of taking it there as it doesn't have a current MOT, book it in for an MOT on the same day you take it there and if on the very odd chance that you get stopped you can get the garage to confirm that you are taking it for an MOT...
Excellent plan! I think there is a Halfords MOT centre round the corner.From my limited experience, any online valuations for the car are based on it be in Grade 1 condition, which is brand-new showroom fresh. Even though you're selling a 20 year old car with XXXXXX miles on it and you've told them that, the price they suggest is based on it being Grade 1. Hence, when you take it to them and it isn't Grade 1, but in a condition commensurate to it's age/mileage they knock some money off.
It our case, a 2018 54k miles Volvo V90 in very good condition indeed for a 5 year old car was categorised as Grade 3 (because it had more than 3 stone chips on the front/bonnet!) and about £500 was knocked off the valuation. As the valuation was £2k more than the trade-in value we'd been offered by a main dealer I wasn't bothered.
I'd assume a 2004 X5 3.0i is worth £2k with an MoT, so I can't imagine they'd give you much beyond £500 in reality.
It our case, a 2018 54k miles Volvo V90 in very good condition indeed for a 5 year old car was categorised as Grade 3 (because it had more than 3 stone chips on the front/bonnet!) and about £500 was knocked off the valuation. As the valuation was £2k more than the trade-in value we'd been offered by a main dealer I wasn't bothered.
I'd assume a 2004 X5 3.0i is worth £2k with an MoT, so I can't imagine they'd give you much beyond £500 in reality.
The Rotrex Kid said:
Challo said:
As long as you have been as honest as possible then I should suspect they shouldnt reduce the price that much.
They will probably chip off a little, but it's all about the honesty of the description.
Didn't know they bought MOT failures.
They will, but their system assumes the car has 6 months left, so unless you tell it any different......They will probably chip off a little, but it's all about the honesty of the description.
Didn't know they bought MOT failures.
Be prepared for them to give it a kicking OP. It's their business model, as long as you keep that in mind and have a firm stop where you want to let it go.
FYI - My wifes car on the normal valuation comes in at £7275
Adjust for no MOT drops it to £6500.
Adjust to 'some' history from full is £6405
Adjust to 'none' - £6350
Adjust to 1 key - £6115
Adjust for 2 kerbed wheels - £5945
It wouldn't allow me to adjust any more (booooo) but you can see how the game works. They will pick it apart and amend £50/75/100 here/there (plus the £75 admin fee) and your £7275 becomes £5500 maybe?
Justin85 said:
From my limited experience, any online valuations for the car are based on it be in Grade 1 condition, which is brand-new showroom fresh. Even though you're selling a 20 year old car with XXXXXX miles on it and you've told them that, the price they suggest is based on it being Grade 1. Hence, when you take it to them and it isn't Grade 1, but in a condition commensurate to it's age/mileage they knock some money off.
It our case, a 2018 54k miles Volvo V90 in very good condition indeed for a 5 year old car was categorised as Grade 3 (because it had more than 3 stone chips on the front/bonnet!) and about £500 was knocked off the valuation. As the valuation was £2k more than the trade-in value we'd been offered by a main dealer I wasn't bothered.
I'd assume a 2004 X5 3.0i is worth £2k with an MoT, so I can't imagine they'd give you much beyond £500 in reality.
Funnily enough that's what I was offered by the independent lot, while WBAC have offered £1100 despite the MOT failure and my assessment of the condition as fair. Hence my scepticism...It our case, a 2018 54k miles Volvo V90 in very good condition indeed for a 5 year old car was categorised as Grade 3 (because it had more than 3 stone chips on the front/bonnet!) and about £500 was knocked off the valuation. As the valuation was £2k more than the trade-in value we'd been offered by a main dealer I wasn't bothered.
I'd assume a 2004 X5 3.0i is worth £2k with an MoT, so I can't imagine they'd give you much beyond £500 in reality.
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