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

[Kennyeth]

Originally Posted by macafee2

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

You wouldn't
Ken.

[rustymotor]

Good for her I wouldnt say no to that kind of pay out..neither will the tax man..more money for government to squander..shows how much We buy any car BCA are ripping folks off..

[mystabe]

To be fair to WeBuy what they offer does depend a lot on the car - I took a Mini One to them recently after my daughter had been offered £700 trade in for it by Arnold Clarke on a new car. For a 2 owner 79,000 mile car with virtually mint bodywork and mechanicals and that still has dealer backup I thought that was a bit of a joke. After seeing it in person WeBuy actually offered me £1150 cash for it. As it was I ended up keeping it for the Mrs and I gave daughter £1000 for it but......



Obviously if you offer them a Rover (or any other old unfashionable car with limited parts backup) they will offer you peanuts though

[GordyB]

Our office is next door to a webuyanycar office so there are 5-10 cars coming in for valuations most days. A lot of 3-4 yr old cars which are probably on the end of a pcp deal which negates them selling privately without much hassle due to having outstanding finance. People tied to finance agreements they can't afford I imagine and this service gives them a way out. I don't mind them making profit, just wouldn't sell them a car myself unless I tried everything else first....

Inquired about buying one I fancied parked next to my ZT-T a few weeks ago and they said they just disappear off into the BCA network and he couldn't even tell me which auction house it would end up at.