You don't need to be an 'investor' to invest in Singletrack: 6 days left: 95% of target - Find out more
A little sooner than i was expecting my work lease car is turning up. So i have to dispose of my current car fairly quickly, just under 3yr old Polo on a PCP.
What would be the best way to sell? Speed, decent price, etc.
The PCP bit is the tricky bit for private buyers - it will scare many as they'd need to trust you to pay the finance off.
A few phone calls to your local VW dealers or car supermarkets may be worth a try - at 3 years old it's the kind of stock they want. Failing that then WBAC.
First port of call would be the supplier dealer. They may be happy to take it off your hands.
outside of that Carwow or Motorway. As its a modern car you should get good results and strong money.
Otherwise, depending on your financial situation, paying off the PCP then selling it private. This would of course depend on what was still owed and the current market value.
Motorway has been great for us, 3 times used in the last 5 yrs.
Thanks,
The original supplier "rationalised" their dealerships.
The WBAC quotes are more than enough to clear the outstanding, i checked the VW settlement figure. Just wary they might play games with the price.
Once i know the new car is on its way, the quoted delivery was September and today i get an email to say next week! So not fully convinced they haven't made a mistake. I might ring the local VW dealer and see if they would be interested.
The WBAC quotes are more than enough to clear the outstanding
Try Motorway, I think you'll get a higher price.
In case you're not aware, it's a platform that allows dealers to bid for your vehicle.
it's a platform that allows dealers to bid for your vehicle.
I used it this spring. The guy haggled HARD when he arrived, the price they bid isn't binding like eBay. I took a hit to get it done and never have to deal with it again.
I used it this spring. The guy haggled HARD when he arrived, the price they bid isn't binding like eBay.
I used it this spring as well, they turned up, did a walk around, shook hands and drove away in it. I was all prepared for a fight.
I then saw it on their website a few days later for about £1300 / 20% more (3yo petrol Fiat 500) so maybe I should have haggled!
I used it this spring. The guy haggled HARD when he arrived, the price they bid isn't binding like eBay.
The guy who bought my mum's car was lovely and polite and paid full asking. Experiences obviously vary, but you could have told him to sling his hook.
I then saw it on their website a few days later for about £1300 / 20% more (3yo petrol Fiat 500) so maybe I should have haggled!
He had to come and get it, market it, sell it (paying tax), and comply with legal rights if it breaks down for the buyer.
So a 20% gross mark up doesn't seem outrageous (as a layman).
Try Motorway, I think you'll get a higher price.
Offered me ~£100 more than WBAC, but only after making me jump through a load of extra hoops and missing their reserve price by around £2k. Complete waste of time.
Personally if WBAC are offering enough to clear the finance I'd ask a few nearby garages to make an offer and sell to whoever is highest. Just takes any hassle out of it.
WBAC are funny as they low ball plenty but gave us a very fair price for our old Discovery Sport. I guess they know what's in demand at the time?
Experiences obviously vary, but you could have told him to sling his hook.
Indeed, but (a) I really didn't want to have two cars concurrently and my new car was being delivered the next day and (b) I presumed that the next buyer could behave the same.
WBAC are funny as they low ball plenty but gave us a very fair price for our old Discovery Sport. I guess they know what's in demand at the time?
WBAC are owned by British Car Auctions, so yes it's fair to say they have a good data on what is selling and for how much.
My BiL briefly worked for WBAC and I'm sure he said on occasions they offered more on the day to buy things than they had quoted in advance (due to live data on demands for a model) - can't say I've ever heard that from someone selling a car to them though!
Speak to local VW dealer see what they offer and WBAC.
WBAC might charge a fee to pay off your finance and give you the remaining £100