WBAC valuation

[croyde]

Looks like the glory days are over.

I'm sure after a year of ownership We Buy Any Car were still offering 30k for my GT.

Today, after 16 months it is £24800!!

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[Manders Mustang]

Basic a valuation on what WBAC would offer is like basing how much you love your car on what the queen thinks of it (useless)

Still, that being said, I did a WBAC on my EB - 22785

 

[Kristian87]

£22,390 for mine, just did one out of interest. 2 months ago, Ford said a trade in value would be £25,500.

Optimistic little bastard that I am, I'm quietly confident I can get £28k for it.

Mine will go up for sale from next month, in theory I should have at least 4 months before GT arrives so not in a rush which will work to my advantage.

 

[marks]

GTs still showing on Autotrader for £30k +

 

[Manders Mustang]

rumours span up yesterday of a GT selling for 28k, but, sounded more like a "friend" bidded it up to get it higher, guy claimed buyer pulled out (lol). Mind you it was missold as custom pack... and wasn't a custom pack.

 

[croyde]

Are they selling though?

Mine has been for sale for 6 weeks now and only a trader offered 30k at the beginning.

He's now seeing the car and may offer 29k.

I've come to the conclusion that if I get that, it's still not bad after owning a fantastic car for 15 months.

 

[marks]

Does it have any options? Was it a custom pack?

 

[croyde]

Satnav/shaker and parking sensors.

 

[willisit]

Like most things, it's worth what someone is willing to pay. At nearly-new money, they aren't all that attractive if you're willing to wait, and there is a new model coming (for those in the know). I'd expect the buying public would assume the 20% loss as with any other car, I think, which is around the £30k mark.

 

[marks]

Assuming it was circa £36k new including 1st year road tax, if you get £29-30k after 15 months that's not too bad. Selling within the first 3 years is always going to be expensive from a deprecation point of view.

 

[marks]

This will make you feel better!

https://www.whatcar.com/news/fastest-depreciating-cars-4/

 

[croyde]

This will make you feel better!

https://www.whatcar.com/news/fastest-depreciating-cars-4/

Ouch.

Luckily mine was a few pounds over 34k as a first adopter so to speak. I had every intention
of keeping yet as I have with my BMW bought back in 1998 but had no inkling that my work would take such a drastic dive.

Not just the car that has to go but my nice life in a rented cottage in Surrey has to go too.

 

[marks]

Sorry to hear, hope things pick up

 

[SteveS]

This will make you feel better!

https://www.whatcar.com/news/fastest-depreciating-cars-4/

Begs the question, who would pay 41 large for a Jeep Cherokee in the first place? It would literally have to come preloaded with dancing girls.

Basic a valuation on what WBAC would offer is like basing how much you love your car on what the queen thinks of it (useless)

Queen loves my car, probably cos its old woman magnetic ;)

 

[Enoch]

Ouch.

Luckily mine was a few pounds over 34k as a first adopter so to speak. I had every intention
of keeping yet as I have with my BMW bought back in 1998 but had no inkling that my work would take such a drastic dive.

Not just the car that has to go but my nice life in a rented cottage in Surrey has to go too.

Don't forget, the VAT on the original price would have been £5k ish..... you never get that back

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