Selling my car - Online valuations - advice appreciated

[Scott_F]

My understanding is that car auctions are normally not available to private buyers or private sellers - i.e. this is usually a trade-to-trade event.

So if SureSell was meant to increase the supply of cars for auction by also getting cars from the public, then it makes sense that this was the precursor of WBAC.

Ultimately an auction house makes money from commission charged on transactions - the more transactions it runs through the business the more profit it makes.

Although they host certain "closed" sales purely for the trade, the regular sales held at all BCA sites are open to both private and trade buyers although I'm not certain whether they still accept entries from private sellers.

In the case of BCA, they charge weighty commission to both buyer and seller and make a very nice margin indeed.