Follow on to webuyanycar

[sigma]

Are cars sold at auction sold for less than book price. If so, buy at auction then sell the car to webuyanycar.com. If you've any spare cash it could be a nice little earner.

[chas2008]

if it was that easy we would all be at it, bying at auction isnt always the bargain you expect.Any decent cars at auction can end up getting high bids, unless a trader has a deal with the auctioneer(it does go on)..Then you have to think apart from the proper trade only auctions why are they at auction ?

[joko]

webuyanycar are a joke...ive used them 3 times to get quotes - just for curiosity - and all 3 times they offered less than half what the car was actually worth...

[treetops1]

We buy any car wouldn`t even make an offer on my peupgeot 307.

[ChuckFickens]

Car auctions are, well, errr, auctions....

The sellers can set a reserve so the car can not be sold below that figure, but there is no upper figure, if two people decided they really wanted a particular car and got in a bidding war then it could go for well above market value (though obviously it would either have to be a special car, or silly people for that to happen)

[chas2008]

it does happen though, usually the general public getting over keen..

[Graham-W]

You also have a service charge to pay at auction to ensure the car is legal and no finance on it etc. This is a lot higher for private buyers than for traders.

[razza]

I put my car details in to we buy any car,they offered me £3.900 for a car that is worth £8.000.

[R1Geezer]

they offerred half what you think it's worth joko. Most people get ripped off when they buy a car so have an inflated opinion of it's value when they want to sell it. I did a valuation of my car as an experiment and they said it was worth 78% of what I'd paid a year ago.