All because they gave £200 for £1,000 car ?

Kennyeth · 3rd September 2018, 06:58

I have never sold them a car but it looks like many millions have.
https://www.express.co.uk/news/uk/10...-million-bonus
Disgusting

Ken.

tommy15 · 3rd September 2018, 07:07

I completely agree, it is obscene. as you say all down to ripping people off who are usually desperate for cash. and all the others at the bottom of the article. Capitalism Works!

TOP WOMEN EARNERS
Denise Coates, 50
Began gambling firm Bet365 in 2000. Total salary in pay and dividends £200M
Emma Walmsley, 49
Heads GlaxoSmithKline. Total pay in salary and bonuses UP TO £9.2M
Dame Carolyn McCall, 56
Former easyJet boss, now heading ITV. Total pay in salary and bonuses £5M
Alison Cooper, 52
Chief executive of tobacco giant Imperial Brands. Total pay in salary and bonuses £4.7M

Nick Greg · 3rd September 2018, 07:56

No accountability at all. Yes they are private companies so in effect can do what they want. What definitely should be stopped is giving honours to any business man or woman. They get ample rewards in their pay packets, and when you consider some who have been given honours like that creep Philip Green it makes you wonder, although in his case the starry eyed idiot Blair gave him the knighthood.

macafee2 · 3rd September 2018, 08:01

The title has me a bit confused as I don't quite see the relevance to the linked article.

Some people just want shot of their car and don't want the hassle of selling it. Like payday loans, those that need the money the most are the ones that end up worse off.
The amount of money she has been awarded, really is more then most people can spend.

There advert was "quite good" people got a better deal paying cash then trading in, perhaps true but if they sold privately they would have had more cash.

Can/should we legislate against such firms?

macafee2

Heddy · 3rd September 2018, 08:22

Quite a big issue these days, people allowed to borrow money when they haven't a chance of being able to afford the repayments. It's a gamble people take, and there is rarely a good outcome for a gambler. If you need money for something and can't afford it then you can't afford the loan I'd have thought.
Yes, we buy any car is feasible if you just want rid. Better than the scrap yard, but you'll never get it's true worth.

ceedy · 3rd September 2018, 08:43

They've offered £240 + 49.49 admin fee for my ZT V8

and £175 for the CDTI

MSS · 3rd September 2018, 08:48

I don't have a problem with Webuyanycar. They exist because people people wish to use their services.

It's worth thinking about why people sell cars to them and the risk/costs associated with buying each car. This risk and cost is exactly the reason that car dealers do not wish to buy them.

As for the obscene salary of the CEO, that is just the norm in our world today. It will take concerted effort from politicians in power to start to turn things around. Is that likely to happen - I suspect the situation will continue to get worse in terms of the average wage vs the financial packages awarded to top executives.

MSS · 3rd September 2018, 08:49

Quote:

Originally Posted by ceedy

They've offered £240 + 49.49 admin fee for my ZT V8

and £175 for the CDTI

So, the V8 offer would be consistent with the views of some of our resident experts!

trikey · 3rd September 2018, 09:07

Quote:

Originally Posted by mss

So, the V8 offer would be consistent with the views of some of our resident experts!

As much as that 🤟

Les4048 · 3rd September 2018, 09:21

The company I work for use it to get rid of old company cars so definitely has its uses. Why do people see profit as something dirty? It’s why she’s in charge because she came up an effective business strategy and who among us would turn her bonus down? No one is forced to deal with them, if you want more for your car sell it privately with all the associated hassles

3rd September 2018, 06:58	#1
Kennyeth This is my second home No more Rover Join Date: Apr 2009 Location: Barnsley, South Yorkshire. Posts: 5,881 Thanks: 1,625 Thanked 1,308 Times in 998 Posts	All because they gave £200 for £1,000 car ? I have never sold them a car but it looks like many millions have. https://www.express.co.uk/news/uk/10...-million-bonus Disgusting Ken.

3rd September 2018, 08:43	#6
ceedy This is my second home All Trophy Blue ,ZT260#50 , ZT CDTI Auto, ZR105+ and 1.8T Firefrost spoiling the Set . Join Date: Nov 2006 Location: Nr Sherborne But in Somerset.. Posts: 6,074 Thanks: 916 Thanked 1,214 Times in 768 Posts	They've offered £240 + 49.49 admin fee for my ZT V8 and £175 for the CDTI __________________ The Three Bloo's Wifey's Zr105, MY CDTI & 260 #50 and Number One sons 1.8T in Firefrost When I were a lad Zero to 142 in 10.25 secs at the Pod on my Blown Norton. 210 Kart Champ in 70's Last edited by ceedy; 3rd September 2018 at 08:46..

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3rd September 2018, 07:07	#2
tommy15 Newbie mg zt Join Date: Jun 2017 Location: bray Posts: 20 Thanks: 0 Thanked 12 Times in 6 Posts	I completely agree, it is obscene. as you say all down to ripping people off who are usually desperate for cash. and all the others at the bottom of the article. Capitalism Works! TOP WOMEN EARNERS Denise Coates, 50 Began gambling firm Bet365 in 2000. Total salary in pay and dividends £200M Emma Walmsley, 49 Heads GlaxoSmithKline. Total pay in salary and bonuses UP TO £9.2M Dame Carolyn McCall, 56 Former easyJet boss, now heading ITV. Total pay in salary and bonuses £5M Alison Cooper, 52 Chief executive of tobacco giant Imperial Brands. Total pay in salary and bonuses £4.7M

3rd September 2018, 07:56	#3
Nick Greg Posted a thing or two Honda Insight Hybrid Join Date: May 2015 Location: Brighouse Posts: 1,157 Thanks: 691 Thanked 424 Times in 280 Posts	No accountability at all. Yes they are private companies so in effect can do what they want. What definitely should be stopped is giving honours to any business man or woman. They get ample rewards in their pay packets, and when you consider some who have been given honours like that creep Philip Green it makes you wonder, although in his case the starry eyed idiot Blair gave him the knighthood.

3rd September 2018, 08:01	#4
macafee2 This is my second home Rover 75 Saloon & Tourer Join Date: Sep 2012 Location: Lincoln Posts: 14,908 Thanks: 1,630 Thanked 3,032 Times in 2,181 Posts	The title has me a bit confused as I don't quite see the relevance to the linked article. Some people just want shot of their car and don't want the hassle of selling it. Like payday loans, those that need the money the most are the ones that end up worse off. The amount of money she has been awarded, really is more then most people can spend. There advert was "quite good" people got a better deal paying cash then trading in, perhaps true but if they sold privately they would have had more cash. Can/should we legislate against such firms? macafee2

3rd September 2018, 08:22	#5
Heddy This is my second home None Join Date: Feb 2013 Location: None Posts: 5,556 Thanks: 465 Thanked 1,161 Times in 924 Posts	Quite a big issue these days, people allowed to borrow money when they haven't a chance of being able to afford the repayments. It's a gamble people take, and there is rarely a good outcome for a gambler. If you need money for something and can't afford it then you can't afford the loan I'd have thought. Yes, we buy any car is feasible if you just want rid. Better than the scrap yard, but you'll never get it's true worth.

3rd September 2018, 08:48	#7
MSS This is my second home Rover 75CDT, Jaguar XF-S 3.0V6, V'xhall Omega V6 Estate, Twintop 1.8VVT, Astra Estate and Corsa 1.2 Join Date: Dec 2007 Location: Suffolk Posts: 7,083 Thanks: 283 Thanked 624 Times in 440 Posts	I don't have a problem with Webuyanycar. They exist because people people wish to use their services. It's worth thinking about why people sell cars to them and the risk/costs associated with buying each car. This risk and cost is exactly the reason that car dealers do not wish to buy them. As for the obscene salary of the CEO, that is just the norm in our world today. It will take concerted effort from politicians in power to start to turn things around. Is that likely to happen - I suspect the situation will continue to get worse in terms of the average wage vs the financial packages awarded to top executives.

3rd September 2018, 09:21	#10
Les4048 This is my second home Rover 75 Tourer/ MG ZT-T 400 Join Date: May 2012 Location: Lhanbryde Posts: 3,277 Thanks: 2,627 Thanked 1,523 Times in 869 Posts	The company I work for use it to get rid of old company cars so definitely has its uses. Why do people see profit as something dirty? It’s why she’s in charge because she came up an effective business strategy and who among us would turn her bonus down? No one is forced to deal with them, if you want more for your car sell it privately with all the associated hassles