Auction question.

[ToeKnee]

£4015. But then i suppose theyll look at it and take god knows how much off for wear and tear etc.

It's a shame it's not driveable (no mot?) As you could take it to wbac and see how much they take off the £4015, then let BCA know that you'd like the same amount removed from there estimate.

 

[Darrell]

It's a shame it's not driveable (no mot?) As you could take it to wbac and see how much they take off the £4015, then let BCA know that you'd like the same amount removed from there estimate.

This is the exact conversation that me and Mrs Darrell are having.

 

[Will]

It's a shame it's not driveable (no mot?) As you could take it to wbac and see how much they take off the £4015, then let BCA know that you'd like the same amount removed from there estimate.

But WBAC price will be below what it’s worth, to allow for their profit margin.

Don’t a large amount of WBAC cars end up at BCA auctions anyway - they need to make a profit when it sells at auction - plus allow for transportation costs - otherwise what would be the point!

Also places like WBAC must have to factor in that a fair few cars that get sold to them will be duds!

 

[st13phil]

Don’t a large amount of WBAC cars end up at BCA auctions anyway

That’s because WBAC are the buying arm of BCA.

 

[Will]

That’s because WBAC are the buying arm of BCA.

Yes I know that

Sorry was a bit of a rhetorical question but the point is that WBAC buy cars to sell (some of which) go to auction and they want to make a profit.

Darrel can’t expect to buy a van for the same or lower than the WBAC price which will be below trade value.

In other words, the price offered by the leading company to purchase seems very reasonable and I wouldn’t expect them to negotiate.

 

[Darrell]

In other words, the price offered by the leading company to purchase seems very reasonable and I wouldn’t expect them to negotiate.

I’m happy with the price but watch this space.

When I take it to be inspected by WBAC it will obviously be lower than the £4015 they originally offered me. I’ll take this price back to Lex.

This is what I’ll pay and I’ll get the van for less than the £3375 that they quoted me.

 

[MikeInWimbledon]

If I accepted their (WBAC) price what would happen next.

“I would tell you off for not counter offering £3100 plus VAT, repeating that it’s not MoT’d”

Why not ? They could say no, but they could say “oh, go on then.”

A chance to keep £275 plus VAT in your pocket rather than in theirs.

Everyone prefers a simpler deal.

 

[BTB 500]

Also places like WBAC must have to factor in that a fair few cars that get sold to them will be duds!

Must happen sometimes, but I sold a car to WBAC once and the inspection was done in a workshop and took some time (it wasn't just somebody in the car park looking for dents). They test drove it as well.

 

[Will]

Must happen sometimes, but I sold a car to WBAC once and the inspection was done in a workshop and took some time (it wasn't just somebody in the car park looking for dents). They test drove it as well.

Have to be honest but the first thing I think of when I see a car for sale is ‘what’s wrong with it?’

Sure many people sell cars that are fine for genuine reasons, but other times you have to wonder if a car was so good why are they getting rid of it?

Trade ins to places like WBAC I suspect would have a disproportionate amount of the cars that I’m suspicious of

 

[Darrell]

Have to be honest but the first thing I think of when I see a car for sale is ‘what’s wrong with it?’

Sure many people sell cars that are fine for genuine reasons, but other times you have to wonder if a car was so good why are they getting rid of it?

Because of ULEZ perhaps?

 

[BTB 500]

Trade ins to places like WBAC I suspect would have a disproportionate amount of the cars that I’m suspicious of

Quite possibly. In my case though it was a car with an 'undesirable' spec. (petrol V6 & 4WD rather than the 1.9 diesel and FWD everyone wanted at the time) that normal dealers weren't interested in buying, and I couldn't part-ex as I was replacing it with a van from an MB commercial dealership. As mentioned I was surprised about how thorough WBAC's inspection was.

 

[Will]

Because of ULEZ perhaps?

Sure, there’s loads of genuine reasons for sale - eg someone needs a larger car, something more economical because their commute has changed, being given a company car etc, ULEZ or whatever.

But no-one’s gonna say, they’re selling a vehicle because it’s burning oil or losing coolant or the gearbox is playing up or it needs ££££s spending on it to get it through its next MOT.

People probably feel bad about selling cars like these to private buyers but trading in or selling to WBAC probably seems fair game if it’s going to auction.

 

[ALFAitalia]

When I sell my cars they are usually better than when I bought them (and are far cleaner!) .....all the silly little things that I never got round to, get done the day before I list it for sale....

 

[Will]

When I sell my cars they are usually better than when I bought them (and are far cleaner!) .....all the silly little things that I never got round to, get done the day before I list it for sale....

Sounds like you’re agreeing with my point - you buy cars that need stuff doing to them and fix everything before they go!

 

[BigJase88]

But WBAC price will be below what it’s worth, to allow for their profit margin.

Don’t a large amount of WBAC cars end up at BCA auctions anyway - they need to make a profit when it sells at auction - plus allow for transportation costs - otherwise what would be the point!

Also places like WBAC must have to factor in that a fair few cars that get sold to them will be duds!

Pretty sure BCA own WBAC and Cinch. Trade in for peanuts at WBAC and it will end up on Cinch. Ideal

 

[Will]

Pretty sure BCA own WBAC and Cinch. Trade in for peanuts at WBAC and it will end up on Cinch. Ideal

Correct on both counts AFAIK.

They must retail the stuff they like and scrap/auction off the other stuff depending on value.

As they say, they buy ‘any’ car….