Online Valuations

[docttor999]

Hi All,

I'm in the market to sell my Zed. I have had a decent valuation from WBAC, as my car is modified does anyone have any experience with dealing with them for modified cars? Doe they take money off for this?

I am not sure if it would be better to sell my alloys and then swap to OEM to save this hassle?

Any thoughts would be appreciated.

Thanks,

 

[ekimj10]

Never actually traded a car in with them, but always find their valuations to be really low and they have a reputation for knocking a lot more off their valuation when they actually view your car.

 

[docttor999]

Never actually traded a car in with them, but always find their valuations to be really low and they have a reputation for knocking a lot more off their valuation when they actually view your car.

I have heard that but they have valued my car quite highly, I guess they may take money off for the mods but I'm not sure how much.

 

[z4pilot]

When I was changing my 2004 roadster in Jan this year, WBAC were spot on with their valuation in relation to what I was offered at a couple of traders as PX. The trick seems to be to get an online valuation and then ignore it until they come back to you with an improved offer email. You'll probably get a couple of increased offer emails - mine went from £3800 to £4200 at the time. In the end I PX'd, as I managed to negotiate a better deal with a trader. I've sold 2 cars to WBAC previously - in my experience there is no scope for increasing the online offer, so there is no point being overly honest when you fill in the online details regarding condition. They WILL try to chip you down for obvious faults, starting at the online valuation, so you might as well see if the valuer picks any issues up, rather than doing his job for him. At the end of the day, it's a business and they try to maximise their profit - but it's quick, painless and the money is in your account within a couple of days.

 

[docttor999]

When I was changing my 2004 roadster in Jan this year, WBAC were spot on with their valuation in relation to what I was offered at a couple of traders as PX. The trick seems to be to get an online valuation and then ignore it until they come back to you with an improved offer email. You'll probably get a couple of increased offer emails - mine went from £3800 to £4200 at the time. In the end I PX'd, as I managed to negotiate a better deal with a trader. I've sold 2 cars to WBAC previously - in my experience there is no scope for increasing the online offer, so there is no point being overly honest when you fill in the online details regarding condition. They WILL try to chip you down for obvious faults, starting at the online valuation, so you might as well see if the valuer picks any issues up, rather than doing his job for him. At the end of the day, it's a business and they try to maximise their profit - but it's quick, painless and the money is in your account within a couple of days.

It's a hassle free sale, I am just worried they will knock £2k off because of the mods, mainly the alloys/tyres! Only way I will know is to take it and see I suppose. Will see if others have had any experience.

 

[z4pilot]

More likely you just won't get any additional credit for them. You may be better swapping them off if you can and selling them separately. The first car I sold to them had a top spec Parrot kit fitted, got nothing for it or the three quarters of a tank of fuel that was in the car at the time (rookie mistake!)

 

[docttor999]

More likely you just won't get any additional credit for them. You may be better swapping them off if you can and selling them separately. The first car I sold to them had a top spec Parrot kit fitted, got nothing for it or the three quarters of a tank of fuel that was in the car at the time (rookie mistake!)

Depends if anyone is up for a swap I suppose for the wheels and the hassle associated with this.